Trump Media & Technology Group is aiming to energize growth by selling faster access to President Trump’s Truth Social posts for up to $100,000 a month. CEO Kevin McGurn told investors on Monday that the company has signed up “more than 10” customers for its Truth API, or Application Programming Interface, data feed, which he…
More than 20,000 people were ordered to leave their homes overnight in western Canada as a fast-moving wildfire grew rapidly and raced toward towns along British Columbia’s Okanagan Lake, destroying homes in its path. The entire community of Summerland, home to about 12,000 people, was ordered evacuated, along with about 8,000 people in and around…
What a difference a day can make for monetary policy. On Thursday, interest rate futures were decidedly tilted toward the Federal Reserve hiking its benchmark rate in September, according to CME FedWatch, which tracks traders to forecast the central bank’s policy decisions. But after Friday morning’s dismal July jobs report, which showed that employers unexpectedly…
Washington — After more than a year of negotiations, the Senate on Friday finally passed a bill to impose punishing new sanctions on Russia for its war on Ukraine, approving the measure with overwhelming bipartisan support. Senators had pushed for months for a vote on legislation that would penalize top Russian figures and the biggest…
Sen. Elizabeth Warren is pressing companies entitled to refunds for illegal U.S. tariffs to return the money they are recouping directly to consumers. Warren, a Democrat from Massachusetts, on Friday sent letters to Apple, Amazon, Energizer, Motorola, Nike, Target and Walmart seeking information about the size of the refunds they are receiving for import duties…
Democratic Rep. Marie Gluesenkamp Perez and Republican state Sen. John Braun will advance to the general election in Washington’s 3rd Congressional District, CBS News projects. Washington has nonpartisan primaries, with the top two candidates with the most votes appearing on the November ballot. Gluesenkamp Perez and Braun beat seven other candidates to advance. The race…
The State Department has revoked the visa of Brazil’s ambassador to the United States, according to a senior department official, marking the latest escalation in a growing diplomatic dispute between Washington and Brasília. The official said the visa for Maria Luiza Ribeiro Viotti would be reinstated immediately if Brazil grants diplomatic approval, known as agrément,…
Voters are going to the polls in five states, including Michigan, where Democrats are watching the expensive and contentious Senate primary contest between populist Abdul El-Sayed and moderate Rep. Haley Stevens. They’re running for retiring Democratic Sen. Gary Peters’ seat, which is among a handful that Democrats must hold in order to have any chance…
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…
Last year the Chinese car company BYD (which stands for Build Your Dreams) overtook Tesla as the world’s top seller of fully electric vehicles, despite the U.S. market being virtually closed to them. Correspondent Seth Doane looks at how China’s long-term investments in innovation are paying off in EVs – and how protective tariffs may…
