Tag Archives: United States

House Republicans pass Trump’s big bill of tax breaks and program cuts after all-night session

House Republicans pass Trump’s big bill of tax breaks and program cuts after all-night session

WASHINGTON (AP) — House Republicans stayed up all night to pass their multitrillion-dollar tax breaks package. Speaker Mike Johnson defied the skeptics within his ranks and muscled President Donald Trump’s priority bill to approval Thursday. Last-minute concessions and a stern warning from Trump appeared to win over the hold outs to salvage what he calls the “big, beautiful bill.” The outcome caps an intense time on Capitol Hill, with days of private negotiations and public committee hearings. Democrats, without the votes to stop Trump’s package, tried to stall it. The Congressional Budget Office says the tax provisions would add $3.8 trillion to federal deficits.… Continue Reading

Trump announces he’s selected final ‘Golden Dome’ space missile defenses that would cost billions

Trump announces he’s selected final ‘Golden Dome’ space missile defenses that would cost billions

WASHINGTON (AP) — President Donald Trump has announced the concept he wants for his future Golden Dome missile defense program — a multilayered system that for the first time will put U.S. weapons in space. Speaking Tuesday in the Oval Office, Trump said the system would cost $175 billion. He expects it will be “fully operational before the end of my term,” which ends in 2029, and have the capability of intercepting missiles “even if they are launched from space.” It’s likelier that the complex system may have some initial capability by that point, a U.S. official familiar with the program said.… Continue Reading

Home Depot says it doesn’t expect to boost prices because of tariffs

Home Depot says it doesn’t expect to boost prices because of tariffs

Home Depot doesn’t expect to raise prices because of tariffs, saying it has spent years diversifying the sources for the goods on its shelves. Other companies, domestic and foreign, have warned customers that price hikes are on the way. Walmart said last week that it has already raised prices and will have to do so again in the near future. Late Monday, Subaru of America said it would raise prices on some of its most popular models by as much as $2,000. Home Depot says it doesn’t expect any single country outside of the U.S. will represent more than 10% of its purchases 12 months from now.… Continue Reading

Trump officials set new requirements for COVID vaccines in healthy adults and children

Trump officials set new requirements for COVID vaccines in healthy adults and children

WASHINGTON (AP) — Federal health officials will no longer routinely approve annual COVID-19 shots for younger adults and children who are healthy. Companies that want to market their vaccines to those Americans will need to conduct large, new studies, the Food and Drug Administration said Tuesday. It’s a major shift in FDA’s approach to updating vaccines that protect against the virus. It comes as Health Secretary Robert F. Kennedy and his appointees continue to scrutinize the use of vaccines for a number of diseases. The FDA said Tuesday annual COVID shots will still be regularly approved for seniors and younger people with increased health risks from the virus.… Continue Reading

Trump comes to the Capitol to try to persuade a divided GOP to unify around his big tax cuts bill

Trump comes to the Capitol to try to persuade a divided GOP to unify around his big tax cuts bill

WASHINGTON (AP) — President Donald Trump has arrived on Capitol Hill to try to seal the deal on what he calls his “big, beautiful bill.” He will try to unify divided House Republicans on the multitrillion-dollar package that is at risk of collapsing before planned votes this week. The president has implored GOP holdouts to “STOP TALKING, AND GET IT DONE.” But negotiations are slogging along. It’s not at all clear the package, with its sweeping tax breaks and cuts to Medicaid, food stamps and green energy programs, has the support needed. With all Democrats opposed, the Republicans can handle only a few defections from their slim House majority.… Continue Reading

Biden has been diagnosed with aggressive prostate cancer

Biden has been diagnosed with aggressive prostate cancer

WASHINGTON (AP) — Former President Joe Biden’s office says he has been diagnosed with prostate cancer. The finding came after the 82-year-old reported urinary symptoms, which led doctors to discover a nodule on his prostate. He was diagnosed with prostate cancer on Friday, with the cancer cells having spread to the bone. His office said Sunday this represents a more aggressive form of the disease, but the cancer appears to be hormone-sensitive, which allows for effective management. Biden and his family are reviewing treatment options with his physicians.… Continue Reading

Trump’s big bill advances in rare weekend vote as conservative holdouts secure changes

Trump’s big bill advances in rare weekend vote as conservative holdouts secure changes

WASHINGTON (AP) — Republicans advanced their massive tax cut and border security package out of a key House committee during a rare Sunday night vote. Deficit hawks who blocked the measure two days earlier reversed course after gaining commitments on the package’s spending cuts. Speaker Mike Johnson was determined to make Friday’s setback a short one. He met with Republican lawmakers shortly before the meeting, telling reporters that changes agreed to during weekend negotiations were “just some minor modifications.” The Republicans who have criticized the measure noted that the bill’s new spending and the tax cuts are front-loaded, while the measures to offset the cost are back-loaded.… Continue Reading

US egg prices fall for the first time in months but remain near record highs

US egg prices fall for the first time in months but remain near record highs

Government data shows U.S. retail egg prices have declined for the first time since October. The average price for a dozen Grade A eggs fell to $5.12 in April after reaching a record $6.23 in March, according to the Consumer Price Index released on Tuesday. The average price of eggs of all sizes fell 12.7%, which was the steepest monthly decline since March 1984. Still, U.S. egg prices remain near record highs as a persistent outbreak of bird flu continues to wipe out egg-laying hens. April’s store price was 79% higher than a year earlier, when the retail price averaged $2.86 per dozen.… Continue Reading

FDA and RFK Jr. aim to remove ingestible fluoride products used to protect kids’ teeth

FDA and RFK Jr. aim to remove ingestible fluoride products used to protect kids’ teeth

WASHINGTON (AP) — U.S. health officials say they plan to phase out ingestible fluoride supplements used to strengthen children’s teeth, citing possible health risks. The announcement Tuesday is the latest action by Robert F. Kennedy Jr. against a substance that has been a mainstay of dental care for decades. The Food and Drug Administration said it will conduct a scientific review of the products by late October with the aim of removing them from the market. It was not immediately clear if the agency would issue a formal ban. Previous scientific reviews have not shown any serious health problems with the products.… Continue Reading

Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war

Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war

NEW YORK (AP) — U.S. stocks are leaping after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 2.6% Monday. The Dow Jones Industrial Average rose 951 points, and the Nasdaq composite gained 3.5%. Hopes for an economy less encumbered by tariffs also sent crude oil prices higher. The U.S. dollar strengthened against other currencies, and Treasury yields jumped on expectations the Federal Reserve won’t have to cut interest rates so deeply this year in order to protect the economy. Analysts warned conditions could still quickly change, as has so often happened in President Donald Trump’s trade wars.… Continue Reading

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