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CNN — The US stock market has been on a rollercoaster during President Donald Trump’s second term. The S&P 500 posted its third-worst 100-day start to a presidential term in US history, only behind Gerald Ford and Richard Nixon. The S&P 500 initially surged after Trump’s reelection in November on expectations for a pro-business boom. Yet as the president unveiled his plan for tariffs and has gone back and forth on trade policy, Wall Street has been shaken by historic levels of uncertainty and volatility. CNN is tracking the S&P 500’s performance each day across Trump’s second term to see…
Washington CNN — President Donald Trump falsely claimed Tuesday that he warned during his 2024 campaign that his tariffs would require Americans to experience a “transition period.” In reality, Trump’s 2024 campaign rhetoric about tariffs was reliably glowing and warning-free; he said his tariffs would make Americans “so rich” and that they were “not going to be a cost to you.” On Wednesday, even the White House couldn’t find any examples of Trump having said during the campaign that Americans would face a “transition period” or anything similar. Trump’s Tuesday claim, in an interview with ABC News, was the second…
Washington CNN — President Donald Trump falsely claimed Tuesday that he warned during his 2024 campaign that his tariffs would require Americans to experience a “transition period.” In reality, Trump’s 2024 campaign rhetoric about tariffs was reliably glowing and warning-free; he said his tariffs would make Americans “so rich” and that they were “not going to be a cost to you.” On Wednesday, even the White House couldn’t find any examples of Trump having said during the campaign that Americans would face a “transition period” or anything similar. Trump’s Tuesday claim, in an interview with ABC News, was the second…
What the House GOP is proposing in its first draft of Trump’s sweeping tax and spending cuts package
CNN — House Republicans are starting to put some meat on the bones of their sweeping tax and spending cuts package, otherwise known as President Donald Trump’s “big, beautiful bill.” The package aims to extend the GOP’s 2017 Tax Cuts and Jobs Act, as well as fulfill several of Trump’s campaign promises, such as ending taxes on tips. To help offset these tax reductions, which would total trillions of dollars over a decade, the House is also looking for at least $1.5 trillion in spending cuts. Republicans are also signaling they will make good on other Trump campaign promises, such…
New York CNN — Many Americans might not have felt major effects from President Donald Trump’s sweeping tariffs – until now. That’s because a major shipping loophole expired at one minute past midnight on Friday. The de minimis exemption, as it’s known, allowed shipments of goods worth under $800 to come into the US duty free, often more or less skipping time-consuming inspections and paperwork. The loophole helped reshape the way countless Americans shop, allowing ultra-low-cost Chinese e-commerce sites like Shein, Temu and AliExpress to pour everything from yarn to patio furniture, clothes to photography equipment and more into US…
CNN — The disarray in Donald Trump’s foreign policy team is mirroring the chaos and uncertainty that he’s foisted upon the world in the last three months. The president’s ouster of national security adviser Mike Waltz on Thursday and his decision to hand Waltz’s White House portfolio to Secretary of State Marco Rubio comes at a fraught moment in international relations. The trade war that Trump ignited with China is beginning to damage the economy with no easy way out. The administration’s drive to forge peace in Ukraine is yet to bear fruit. And American soft power has been hamstrung…
Get inspired by a weekly roundup on living well, made simple. Sign up for CNN’s Life, But Better newsletter for information and tools designed to improve your well-being. CNN — When she was married, Carly and her husband didn’t fight much. When things started to go downhill in her marriage, she and her now-ex turned to couples’ workbooks to try to figure things out. “I would just prefer not to talk to him about things because it was very difficult to communicate in general,” said Carly, a mother of one child who didn’t want to include her last name due to…
Five years after the worldwide hyperfocus on COVID-19 began, some are concerned about the next pandemic — whether it could be caused by influenza, bird flu or another pathogen.Too easily overlooked are non-influenza, non-COVID viruses and bacteria that are burgeoning and spreading unchecked — both in the U.S. and around the world. While they may not cause the next pandemic, they do cause a lot of illness and death.One such bacteria is Streptococcus Group A, an old enemy that colonizes the throat and tonsils of close to 20% of U.S. children, according to Dr. Joshua Osowicki, team leader and senior…
CNN — A Palestinian medic who was detained during a deadly Israeli military attack on an emergency convoy last month was released on Tuesday, according to the Palestine Red Crescent Society (PRCS). Assad Al-Nsasrah went missing after the Israel Defense Forces (IDF) attacked a convoy of emergency vehicles in Gaza on March 23. He was part of a crew who were trying to find a missing PRCS ambulance in Rafah, southern Gaza, which was later discovered to also have been targeted by the IDF. The IDF attacks killed 15 people in three separate shootings, including 8 PRCS medics. Their vehicles…
CNN — The body of a young Ukrainian woman who died in Russian captivity after being held incommunicado for months was returned to Ukraine showing signs of torture, Ukrainian prosecutors have said. Kyiv said the remains of journalist Victoria Roshchyna, who went missing during a reporting trip, were returned as part of a body exchange between Ukraine and Russia in February. Yuriy Belousov, who heads the war crimes department at the Ukrainian Prosecutor General’s Office, said that forensic examination found “numerous signs of torture and ill-treatment… including abrasions and hemorrhages on various parts of the body, a broken rib and…