A coalition of 25 states on Monday filed a lawsuit against the Trump administration, alleging that it exceeded its authority in imposing a new round of sweeping tariffs last month. The import duties, enacted under Section 301 of the Trade Act of 1974, target 60 economies with rates ranging from 10% to 12.5%. “This is President…
A new report from the Centers for Disease Control and Prevention found that nearly two-thirds of American children aged 2-19 have caffeine in their diet. On any given day, kids consume an average of 19.4 milligrams of caffeine, which is about two-thirds of what’s in a can of Coke, according to the report released Thursday. …
The nation’s gross domestic product grew at an annual rate of 1.5% in the second quarter, the Commerce Department said Thursday, weaker than economists expected and a sign the Iran war is hurting growth. Economists polled by Reuters predicted GDP would rise at an annualized rate of 2.1% for April to June. GDP measures the…
Kyiv, Ukraine — A Russian ballistic missile and drone barrage across Ukraine overnight into Thursday killed at least eight civilians, including children, and wounded dozens of others, officials said. The blitz expanded Russia’s almost daily bombardment of Ukrainian cities as Moscow apparently looked to exploit Kyiv’s critical shortage of Western-supplied anti-ballistic missile defenses. NATO member…
The Consumer Price Index rose 2.4% in January from a year ago, below economists’ forecasts and a sign that price pressures across the U.S. are easing. By the numbers The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents…
The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors. “Inflation was starting to ease in…
Inflation across the U.S. accelerated in May as the shock to global energy supplies from the Iran war continued to push prices higher. The Consumer Price Index rose at an annual rate of 4.2%, up from 3.8% in the prior month and marking the highest level since April 2023. By the numbers Economists polled by financial…
Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday said the government was “confident” that trade between Pakistan and the United States could double to $20 billion over the next five years. Dar made the remarks while addressing a delegation of US congressmen and businessmen in Islamabad. The gathering included US congressmen Ryan Zinke…
Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday said the government was “confident” that trade between Pakistan and the United States could double to $20 billion over the next five years. Dar made the remarks while addressing a delegation of US congressmen and businessmen in Islamabad. The gathering included US congressmen Ryan Zinke…
MUZAFFARABAD: E-buses announced by the PML-N as a “gift” arrived in Muzaffarabad on Saturday as the Azad Jammu and Kashmir (AJK) Election Commission warned against violating the code of conduct for election campaigns. The AJK Election Commission warned that it would not allow any individual or institution to violate the code of conduct, a day…
