Politics

US Stocks Jump on Strong Tech Earnings

May 9, 2025

Wall Street opened May on a strong note, with the S&P 500 rising 0.9%, the Dow Jones gaining 200 points, and the Nasdaq advancing 1.5%, supported by upbeat earnings from tech giants and optimism over global trade negotiations. Microsoft shares jumped 9% after the company projected stronger-than-expected growth for its Azure cloud business, while Meta […]

In Pope Leo XIV, Donald Trump Finds a New Foil

May 9, 2025

This article is part of The D.C. Brief, TIME’s politics newsletter. Sign up here to get stories like this sent to your inbox. The new Pope is an American. Do not for a minute think he wants to Make America Great Again. Cardinal Robert Francis Prevost on Thursday became leader to the world’s 1.4 billion […]

World War II ended in Europe 80 years ago, but V-E Day is haunted by conflict in Ukraine

May 9, 2025

LONDON (AP) — Even if the end of World War II in Europe spawned one of the most joyous days the continent ever lived, Thursday’s 80th anniversary of V-E Day is haunted as much by the specter of current-day conflict as it celebrates the defeat of ultimate evil. Hitler’s Nazi Germany had finally surrendered after […]

Putin’s parade cynically exploits WWII to justify his own criminal invasion

May 9, 2025

Dozens of foreign leaders are expected in Moscow on May 9 for the largest international event in the Russian capital since Vladimir Putin launched the full-scale invasion of Ukraine more than three years ago. Officially, they are gathering for a military parade to mark eighty years since the World War II victory over Nazi Germany, […]

Ukraine updates: Vance calls for direct Moscow-Kyiv talks – DW – 05/08/2025

May 9, 2025

US Vice President JD Vance said US President Donald Trump's administration wants Russia and Ukraine to agree on some guidelines for direct talks, which Vance said would be necessary to end the war. Separately, on his first trip abroad, German Chancellor Friedrich Merz said in Paris that a visit to Ukraine in the coming weeks […]

Billionaire Ken Griffin calls tariffs a ‘painfully regressive tax,’ hitting working class Americans the hardest

May 9, 2025

Billionaire Ken Griffin, founder and CEO of the Citadel hedge fund, said working class Americans will bear the brunt of President Donald Trump's punitive tariffs on U.S. trading partners. "Tariffs hit the pocketbook of hardworking Americans the hardest," Griffin said on CNBC's "Closing Bell" Wednesday. "It's like a sales tax for the American people. It's […]

Freed from inflation shackles, Jim Chalmers’ second term could pursue a greener match-fit economy

May 9, 2025

Labor’s thumping electoral victory has cleared the way for Jim Chalmers to pursue his grand vision: a greener and more dynamic economy, match-fit for a transformed world over the coming decade. Freed from the biggest inflationary shock in a generation, the national mood has shifted to the future, and the shackles binding the treasurer’s hands […]

Melania Trump to make rare White House appearances. How to watch

May 9, 2025

Where's Melania Trump? The first lady is not in Palm Beach, Florida, on May 8, as she is scheduled to make a couple of public appearances at the White House in Washington, D.C. At noon eastern, Trump will host the Celebration of Military Mothers in the East Room of the White House. The president is […]

5 Sector ETFs That Beat the Market in April

May 9, 2025

April was marked by wild swings for the U.S. stock market triggered by Trump’s aggressive tariff policies. The market took a steep dive in early April following the announcement of the so-called "Liberation Day" tariffs. The Dow Jones plummeted over 4,000 points in two days, marking a 9.5% decline. The S&P 500 and Nasdaq experienced […]

From Oklahoma to Ankara, attacks on secularism threaten liberal democracy

May 9, 2025

Author: Andrew Copson The US Supreme Court will decide on whether religious schools can receive taxpayer funding, as in the UK The U.S. Supreme Court has agreed to hear a case that could change the course of American constitutional history: St. Isidore of Seville Catholic Virtual School v. Oklahoma. If upheld, it would mark the […]