Rules
US President Donald Trump has confirmed a preliminary tariff framework with Vietnam that lowers duties on Vietnamese exports to the US from 46% to 20%. However, the deal includes a separate 40% tariff on transshipped goods routed through Vietnam from… Source link
The Federal Reserve’s latest stress tests show that the largest US banks could withstand a severe recession with plenty of capital on hand to absorb hundreds of billions in losses. This year the Fed’s regulatory exam applied to 22 banks with assets of more than $100 billion, a group that included Wall Street giants such […]
Mark Zuckerberg’s Meta has won the backing of a judge in a copyright lawsuit brought by a group of authors, in the second legal victory for the US artificial intelligence industry this week. The writers, who included Sarah Silverman and Ta-Nehisi Coates, had argued that the Facebook owner had breached copyright law by using their […]
Watch: “We will win this battle in court” – White House on tariff ruling US President Donald Trump can keep collecting import taxes for now, an appeals court has said, a day after a trade ruling found the bulk of his global tariffs to be illegal. A federal appeals court granted a bid from the […]
A federal judge has said the deportation of eight men to South Sudan “unquestionably” violated his order that migrants must be allowed to challenge their removal to third countries. Judge Brian Murphy’s finding on Wednesday was the latest turn in a fast-evolving dispute. One day earlier he ordered US authorities to keep custody of the […]
The family of a 25-year-old man is calling for the staff members involved in an incident that led to his in-custody death at an Ohio jail in March to be charged with murder. Ten Montgomery County Jail employees have been put on paid administrative leave since the Montgomery County coroner ruled the manner of Christian […]
US poised to dial back bank rules imposed in wake of 2008 crisis Financial Times Source link
A recently introduced bill, if it passes, would allow research on cannabis despite its schedule I status, which some experts say could help policymakers “craft effective” legislation in the future and potentially allow more clinical research on medical cannabis. Representatives Dina Titus and
Nvidia has said it expects a $5.5bn (£4.1bn) hit after Donald Trump’s administration barred the chip designer from selling crucial artificial intelligence chips in China, sending shares in one of the US’s most valuable companies plunging in after-hours trading. The company said in an official filing late on Tuesday that its H20 AI chip, which […]
ALEXANDRIA, Va. (AP) — A federal judge on Thursday ordered immigration officials not to deport a Georgetown scholar who was detained by the Trump Administration and accused of spreading Hamas propaganda in the latest battle over speech on U.S. college campuses. U.S. District Judge Patricia Tolliver Giles in Alexandria, Virginia, ordered that Indian national Badar […]