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How Trump’s Vow to Revoke Chinese Student Visas Could Hurt California

This story was originally published by CalMatters. Sign up for their newsletters. The Trump administration's latest vow to "aggressively revoke" Chinese student visas could affect as many 50,000 students in California, a population larger than Palm Springs. Sending those students home would have far-ranging financial impacts. Foreign students not only...

Wall Street Falls as Trump Says China Violated Tariff Terms

(Reuters) - Wall Street's main indexes fell on Friday as U.S. President Donald Trump accused China of violating a tariff agreement, ramping up tensions in a trade war that has roiled global markets and businesses. Trump's post on his Truth Social platform did not specify how China had violated the...

US Consumer Spending Slows in April, Inflation Benign

WASHINGTON (Reuters) -U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic uncertainty because of a constantly changing tariff landscape. The report from the Commerce Department on Friday suggested the economy struggled to rebound early in the second quarter after contracting in the January-March...

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