Toyota Says Tariffs Will Erase .3 Billion in Profits in Just 2 Months
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Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A year ago, the world’s biggest automaker was on a tear. American consumers were snapping up Toyota Motor’s hybrids, and a weak yen inflated the value of the company’s earnings. That May, Toyota reported the highest annual profit ever recorded by a Japanese…

Trump’s Threat of ‘Foreign’ Film Tariffs Stirs Anxiety in the U.K.
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Trump’s Threat of ‘Foreign’ Film Tariffs Stirs Anxiety in the U.K.

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump’s desire to “make Hollywood great again” by wielding his preferred economic weapon — tariffs — has sent a shiver through Britain’s film industry. British producers, camera workers, costume designers and other film crew woke up Monday to Mr. Trump’s message that…

Courts Must ‘Check the Excesses’ of Congress and the President, Roberts Says
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Courts Must ‘Check the Excesses’ of Congress and the President, Roberts Says

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Chief Justice John G. Roberts Jr. defended the independence of the judiciary and denounced any attempt to impeach judges over disagreements with their rulings during rare public remarks on Wednesday evening. “Impeachment is not how you register disagreement with a decision,” the chief…

Federal Judge Casts Doubt on Trump Arguments in Venezuelan Migrants Case
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Federal Judge Casts Doubt on Trump Arguments in Venezuelan Migrants Case

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A federal judge on Wednesday night expressed skepticism about the Trump administration’s reasons to avoid seeking the return of scores of Venezuelan immigrants who had been expelled to El Salvador in March, saying he was inclined to order officials to provide more information…

Are We Headed for Recession? Economists Look Everywhere for Signs.
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Are We Headed for Recession? Economists Look Everywhere for Signs.

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Americans are spending less at McDonald’s. Fewer container ships are expected at the Port of Los Angeles. Procter & Gamble is raising prices. Mattel is shifting production out of China. Evidence for the economic impact of President Trump’s trade wars is everywhere —…

As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’
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As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The Federal Reserve left interest rates unchanged on Wednesday for a third meeting in a row, as officials pointed to heightened uncertainty about how significantly President Trump’s tariffs will raise inflation and slow growth. The unanimous decision to stand pat will keep interest…

Trump Administration Is Said to Target Park Service Grants
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Trump Administration Is Said to Target Park Service Grants

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The Trump administration has earmarked dozens of National Park Service grants for elimination, including several that aim to protect public lands from the effects of climate change, according to an internal agency document detailing the plans. A spreadsheet of grants likely to be…

Johnson Rules Out an Aggressive Plan to Cut Medicaid as G.O.P. Moderates Waver
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Johnson Rules Out an Aggressive Plan to Cut Medicaid as G.O.P. Moderates Waver

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Speaker Mike Johnson has dropped one of the most aggressive options the G.O.P. was considering to cut Medicaid costs to help pay for President Trump’s domestic agenda, bowing to pressure from politically vulnerable Republicans and underscoring the deep party divisions imperiling the plan….

Biden Criticizes Trump in BBC Interview
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Biden Criticizes Trump in BBC Interview

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines In his first broadcast interview since leaving the White House, former President Joseph R. Biden Jr. condemned President Trump’s handling of the war in Ukraine and his dealings with global allies, and defended the timing of his withdrawal from the 2024 presidential campaign….

Opinion | Trump’s Tariffs Have Set Up a Trap for Mike Johnson and John Thune
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Opinion | Trump’s Tariffs Have Set Up a Trap for Mike Johnson and John Thune

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines After more than 100 days of President Trump marked by overreach and economic self-immolation, congressional Republicans need a reset to save their political fortunes. Representative Mike Johnson, the House speaker, is banking on a spending and tax cut package to provide that jolt,…