Paul Miller, founder of Miller & Company, joins Yahoo Finance's The First Trade with Alexis Christoforous and Brian Sozzi to discuss the approaching July 15th tax deadline and its implications on Americans, especially those who are in "summer mode."
Most Asian Americans, Native Hawaiians and Pacific Islanders do not agree with the strategy of putting entire federal agencies on the chopping block, nor are they broadly on board with mass layoffs of federal workers, according to a new poll. The survey, released Wednesday from AAPI Data and The Associated Press-NORC Center for Public Affairs Research, shows that AAPI adults want the government to concentrate more on everyday costs. About 8 in 10 AAPI adults say the federal government should make health care costs “a high priority," while about 7 in 10 say the same about the cost of food, and roughly 6 in 10 feel similarly about housing.
As the Trump administration moves to dismantle the Education Department, officials have suggested other agencies could take over its major responsibilities: civil rights enforcement to the Justice Department, perhaps; student loans to Treasury or Commerce; oversight of student disability rights to Health and Human Services. Less clear is what could happen with a more lofty part of its mission — promoting equal access for students in an American education system that is fundamentally unequal. The department has cut its workforce in half, including a layoff of 1,300 people announced Tuesday.
A Manhattan federal court hearing is scheduled Wednesday in a suit challenging the detention of Mahmoud Khalil, a Columbia University graduate student that the Trump Administration is trying to deport over his participation in pro-Palestinian protests at the school. Immigration enforcement agents arrested Khalil, a permanent U.S. resident, in New York on Saturday and he has been moved to an immigration detention center in Louisiana.
When protests over the Israel-Hamas war took root on Columbia University's campus last spring, Mahmoud Khalil became a familiar, outspoken figure in a student movement that soon spread to other U.S. colleges. The international-affairs graduate student was a fixture in and around the protest encampment on Columbia's Manhattan campus, serving as a spokesperson and negotiator for demonstrators who deplored Israel's military campaign in Gaza and pressed the Ivy League school to cut financial ties with Israel and companies that supported the war. “We want to be visible,” Khalil said last April.
President Donald Trump in recent days has dismissed fears of a recession and brushed aside the stock market sell-off, going so far as to say, “You can’t really watch the stock market." Over the last year, while President Joe Biden was in office, Trump took credit for stock market rallies as a vote of confidence in his electoral prospects. When the market dipped, he blamed Biden and Vice President Kamala Harris.
The Trump administration is halting a $1 billion program that helps preserve affordable housing, threatening projects that keep tens of thousands of units livable for low-income Americans, according to a document obtained by The Associated Press. The action is part of a slew of cuts and funding freezes at the U.S. Department of Housing and Urban Development, largely at the direction of President Donald Trump and Elon Musk's Department of Government Efficiency, that have rattled the affordable-housing industry. Preserving these units gets less attention than ribbon-cuttings, but it's a centerpiece of efforts to address the nation's housing crisis.
Candidates in a race that will determine ideological control of the Wisconsin Supreme Court will square off Wednesday in their only scheduled debate before the April 1 election. The contest, which has caught the attention of presidential adviser Elon Musk, will be a litmus test early in President Donald Trump’s term in a key presidential swing state. The race pits Waukesha County Circuit Judge Brad Schimel, a former Republican attorney general, against Dane County Circuit Judge Susan Crawford, who is backed by Democrats and is running in her first statewide race.
The 32-year-old was working for a Chinese subcontractor building a railway to reach Simandou - the world's largest new iron mining complex, which is being developed by Anglo-Australian mining giant Rio Tinto and its partners in West Africa. Rio Tinto on October 28, 2024 announced the death of another worker at the port site. The level of worker fatalities on the mine's rail and port infrastructure – which is managed by Rio's Chinese partners, Winning Consortium Simandou (WCS) – is unusually high by Western industry standards, according to a dozen experts interviewed by Reuters, including mining executives and lawyers.
The United States broadened its slate of tariffs Wednesday as sweeping levies on steel and aluminum imports took effect "with no exceptions or exemptions" as promised by the White House -- despite countries' efforts to avert them.The latest duties will again impact Canada heavily, with the country supplying some 50 percent of US aluminum imports and 20 percent of its steel imports, according to a recent note by EY chief economist Gregory Daco.
States should stop requiring health providers to file reports on every abortion because the information poses a risk to both them and their patients in the current political environment, a research group that advocates for abortion access says. The Guttmacher Institute says in a new recommendation that the benefit of mandated and detailed data collection is no longer worth the downsides: It could reveal personal information, be stigmatizing for patients and cumbersome for providers — or could be used in investigations.
Atlas Energy Solutions, a Texas-based oil field company, has installed a 42-mile long (67 kilometers) conveyer belt to transport millions of tons of sand for hydraulic fracturing. The belt the company named “The Dune Express” runs from tiny Kermit, Texas, and across state borders into Lea County, New Mexico.
President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create U.S. factory jobs at a time when his seesawing tariff threats are jolting the stock market and raising fears of an economic slowdown. Trump removed all exemptions from his 2018 tariffs on the metals, in addition to increasing the tariffs on aluminum from 10%. The U.S. president has separate tariffs on Canada, Mexico and China, with plans to also tax imports from the European Union, Brazil and South Korea by charging “reciprocal” rates starting on April 2.
A trove of fossilised dinosaur footprints has been found on a slab of rock gathering dust inside an Australian school, scientists said on Wednesday."Fossilised footprints, even though they are the most abundant of dinosaur fossils, tend to be cast aside by a lot of researchers.
As she watched her five-month-old son lying in intensive care, wires and tubes crisscrossing his tiny body, Uyanga cursed her hometown Ulaanbaatar and its chronic pollution."I was so scared when he was admitted to intensive care," said Uyanga, who, like many Mongolians, goes by one name.
With Ukraine signed up to US proposals for a 30-day ceasefire, the pressure is now on the Kremlin to decide whether it too will accept President Donald Trump’s plan to bring the Ukraine war to a halt, albeit a temporary one.
Australian Prime Minister Anthony Albanese said Wednesday that U.S. tariffs on Australian steel and aluminum were unjustified, but his government would not retaliate with its own tariffs. U.S. President Donald Trump said last month he was considering a tariff exemption for Australia, a free trade treaty partner that has traded with the United States at a deficit for decades. A former Australian government secured an exemption with the previous Trump administration in 2018 based on arguments including that Australian steelmaker BlueScope employs thousands of workers in the U.S.
If South Korea formally impeaches its suspended president over his martial law debacle, one firebrand pastor says he is ready for "revolution".- 'Destabilise South Korea' - If upheld by the court, Yoon would become the country's second president to be formally impeached.
Pakistan security forces were set to launch a "full-scale operation" on Wednesday to free train passengers taken hostage by militants, including suicide bombers, officials said. "A full-scale operation is planned for the morning to rescue the train hostages and others," a security official in the area told AFP. The official said that forces "faced challenges due to the darkness of night".
NASA has launched the SPHEREx telescope to uncover the ingredients for life in our galaxy, as well as the PUNCH mission to study the sun’s mysteries.
High-security prisons across California have tightly restricted movement, calls and visits while officials probe a surge in violence this year. The restrictions started Saturday and affect the top-security sections of nearly a dozen lockups including the California Correctional Institution, California State Prison-Los Angeles County and California State Prison-Sacramento. Under the protocols, meals must be delivered directly to housing units and showers and any other movements must be done in a “controlled manner,” the California Department of Corrections and Rehabilitation said in a statement.
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