This story was originally published by CalMatters. Sign up for their newsletters. It hasn’t happened yet, but California is bracing for a demographic and economic hit under President Donald Trump’s multi-pronged effort to limit the entry of people born abroad and deport those already in the U.S. In fact, during...
Iran-Linked Hackers May Target US Firms and Critical Infrastructure, US Government Warns
Iranian-affiliated hackers may target U.S. companies and critical infrastructure operators, particularly defense organizations with holdings or relationships with Israeli research and defense firms, according to an advisory from U.S. government officials Monday. The FBI, National Security Agency, the Department of Defense Cyber Crime Center (DC3) and the Department of Homeland...
Oil Prices Slip on Easing Middle East Risks
HOUSTON - Oil prices slipped on Monday as investors weighed easing Middle East risk alongside a possible OPEC+ output increase in August and uncertainty over the global demand outlook. Brent crude futures edged down by 19 cents, or 0.3%, to $67.58 a barrel at 10:01 a.m. EDT (1501 GMT), ahead...
Jury in Sean ‘Diddy’ Combs’ Sex Trafficking Trial to Start Deliberating
NEW YORK - The jury in Sean "Diddy" Combs' sex trafficking trial is expected to begin its deliberations on Monday, after hearing dueling narratives from prosecutors and defense lawyers last week about whether the music mogul forced his former girlfriends to take part in drug-fueled sexual performances. U.S. District Judge...
Robinhood Launches Tokens Allowing EU Users to Trade in US Stocks
Robinhood said on Monday it has launched tokens that will allow its customers in the European Union to trade more than 200 U.S. stocks and exchange-traded funds, including Nvidia, Apple and Microsoft. The commission-free tokens can be traded around-the-clock, five days a week, the trading platform said on Monday. They...
Israel Strikes Pound Gaza, Killing 60, Ahead of US Talks on Ceasefire
CAIRO/JERUSALEM - Israeli strikes killed at least 60 people across Gaza on Monday in some of the heaviest attacks in weeks as Israeli officials were due in Washington for a new ceasefire push by U.S. President Donald Trump. A day after Trump called to "Make the deal in Gaza, get...
Controversial Climate Rule That Could Raise Gas Prices About to Take Effect
This story was originally published by CalMatters. Sign up for their newsletters. California’s revamped Low Carbon Fuel Standard takes effect on Tuesday, despite fierce Republican criticism and increasing Democratic trepidation over its potential to raise gas prices. The new rules — which expand a program to reduce climate-warming gases and...
US to Restart Trade Negotiations With Canada Immediately, White House Says
WASHINGTON - The United States will restart trade negotiations with Canada immediately after Canada scrapped its digital services tax targeting U.S. technology firms, White House economic adviser Kevin Hassett said on Monday. "Absolutely," Hassett said on Fox News when asked about the talks restarting. President Donald Trump asked the Canadians to...
Trump’s Administration Finds Harvard Violated Students’ Civil Rights, WSJ Reports
President Donald Trump's administration informed Harvard University that its investigation found the university violated federal civil-rights law over its treatment of Jewish and Israeli students, the Wall Street Journal reported on Monday. "Failure to institute adequate changes immediately will result in the loss of all federal financial resources and continue...
US Banks Rise as Fed Stress Test Success Clears Path for Payouts
Wall Street's biggest banks rose in morning trading on Monday after sailing through the U.S. Federal Reserve's annual health check, setting the stage for billions in stock buybacks and dividends. The central bank said on Friday that 22 of the largest U.S. banks were well-positioned to withstand a future economic...