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Stocks climbed Tuesday after President Donald Trump said he was resetting a deadline for imposing tariffs on the European Union.The broad S&P 500 rose 1.8%, while the Dow Jones Industrial Average gained 633 points, or 1.5%. The tech-heavy Nasdaq was up 2.2%.Meanwhile, the yield, or the percentage return demanded by investors, on the 10 year U.S. Treasury note declined to 4.44% after hovering at or above 4.5% for much of last week — a sign of increased interest in lending to the government. Global investors also increased demand for government bonds around the world, including U.S. Treasuries, after Reuters reported that…
WASHINGTON — The Supreme Court on Tuesday declined to hear a Massachusetts student’s challenge to his middle school’s prohibition on him wearing a T-shirt bearing the slogan “There are only two genders.”The case arose from student Liam Morrison’s dispute with Nichols Middle School in Middleborough.Lawyers for Morrison at the Alliance Defending Freedom, a conservative Christian legal advocacy group, say students were “bombarded” with messages promoting the view “that sex and gender are self-defined, limitless, and unmoored from biology.”Morrison believes that view is “false and harmful” and responded in March 2023 when he was in seventh grade by wearing the T-shirt.…
The Trump administration intends to ask all federal agencies to seek ways to end their contracts with Harvard University, a senior administration official told NBC News on Tuesday.”GSA will send a letter to federal agencies today asking them to identify any contracts with Harvard, and whether they can be canceled or redirected elsewhere,” the senior official said, referring to the General Services Administration. The development was first reported by The New York Times.The proposed cuts mark the latest escalation in a monthslong fight between the Trump administration and the nation’s oldest — and arguably most prestigious — university. A copy…
A 10-year-old Venezuelan girl living in New York City with a special legal protection against deportation has repeatedly asked her mother the same question all week: “Mommy, what am I going to do if immigration comes?”The girl, her two siblings and her parents are among the 350,000 Venezuelan immigrants who have been living and working in the U.S. with temporary protected status, better known as TPS, for the past two years.But a one-page Supreme Court order issued last week, which provided more questions than answers, jeopardized the legal immigration status of Venezuelans with TPS — eliciting uncertainty, anguish and a…
After Kamala Harris entered the presidential race last year, she reached out to Barack Obama campaign alum Jim Messina to help lead her White House bid.But when Messina shared news of the vice president’s offer with a friend, he received a stern warning. “I said ‘Jim, if you get involved in this, it’ll be political suicide,’” Democratic megadonor John Morgan, a longtime Harris critic, recalled of his conversation with Messina, who had served in Obama’s White House and managed his successful 2012 re-election campaign. “You’re going to be a loser. And your whole shine is you’re undefeated.” Messina declined the job. And…
Charles Rangel, the former Democratic congressman from New York who championed his Harlem community on Capitol Hill for almost five decades, died Monday, his family said.He was 94.Rangel’s death was confirmed in a statement provided by City College of New York spokesperson Michelle Stent, who said he died at a hospital in New York.Politicians and supporters remembered Rangel, known as Charlie, for his years in public service and deep roots in New York City. He was born in Harlem and was first elected to Congress in 1970, representing a congressional district that was first drawn up in the 1940s and…
ARLINGTON, Va. — President Donald Trump is set to deliver remarks at Arlington National Cemetery on Monday to commemorate Memorial Day.Trump will participate in the traditional wreath-laying ceremony and speak at the cemetery’s amphitheater, in what has been a somber occasion for U.S. presidents.But he began the day with a decidedly different tone. In an all-caps social media message, Trump ranted at former President Joe Biden, calling him the “SCUM THAT SPENT THE LAST FOUR YEARS TRYING TO DESTROY OUR COUNTRY THROUGH WARPED RADICAL LEFT MINDS” and accusing him of allowing “AN OPEN BORDER THAT ONLY AN INCOMPETENT PRESIDENT WOULD…
President Donald Trump’s move toward federal recognition of the Lumbee Tribe of North Carolina fulfills a repeated promise he made on the campaign trail, but it has sparked concern from other Native American tribes about the precedent set by the different process used in this instance.During the first days of his second term in office, Trump signed an executive order urging the Department of the Interior to create a plan that would identify a pathway for the federal recognition of the Lumbees.To be federally recognized, tribes must meet a specific set of criteria, including: proving their nation existed before the…
A bill that would require the Ten Commandments to be posted in every public school classroom in Texas cleared a key legislative hurdle Sunday and is closer to heading to Gov. Greg Abbott for approval.The state House of Representatives passed a version of the Ten Commandments bill in a 82-46 vote following a week of debate and delay, when Democratic lawmakers attempted to introduce amendments, including allowing individual school districts to opt in and for the Ten Commandments to be in different languages.After the House passed the bill with an amendment on Sunday — requiring the state, rather than school…
WASHINGTON — As the Senate prepares to consider the sprawling domestic package that House Republicans passed last week, Sen. Ron Johnson, R-Wis., said he thinks there are “enough” Republicans to “stop the process” in order to prioritize stronger reductions in spending and the national deficit.The Wisconsin Republican has criticized the bill’s impact on the deficit, characterizing outsize spending as “mortgaging our children’s future.” The nonpartisan Congressional Budget Office has estimated that the bill would add $2.3 trillion to the federal deficit over 10 years.Johnson said in an interview on CNN’s “State of the Union” that congressional Republicans should examine spending…