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Six lenders, including Bank of America, Morgan Stanley and JP Morgan report jump in first-quarter earnings Business live – latest updates Big US banks raked in nearly $50bn (£37bn) worth of profits in the first three months of the year, as they benefited from stock market turbulence triggered by the US-Israeli war on Iran. Wall … Read more
US president says he has ‘held back’ on firing the head of the Federal Reserve leading up to end of Powell’s term in May Sign up for the Breaking News US email to get newsletter alerts in your inbox Donald Trump threatened to fire Jerome Powell if he stays on as US Federal Reserve chair … Read more
President Donald Trump’s pick to lead the Federal Reserve is headed to the Senate next week, but Trump is worried that one Senate Republican could doom the confirmation process. Kevin Warsh is scheduled for his confirmation hearing before the Senate Banking Committee after his initial hearing set for this week was canceled. But his odds … Read more
Republicans on the House Judiciary Committee said border officials under the Biden administration released alleged illegal immigrant killer Jose Medina-Medina into the country “due to lack of space.” Judiciary Republicans criticized Democrats over Medina-Medina’s release, saying they “knew” the threat he posed. Medina-Medina, a 25-year-old illegal immigrant from Venezuela who entered the country under the … Read more
More than 53 million tax filers used at least one of President Donald Trump’s signature tax breaks this filing season, as the average refund climbed above $3,400, according to Treasury Department data released on Tax Day. The figures mark the first filing season since the Republican-backed “Working Families Tax Cuts” were passed in July 2025 … Read more
The time is long overdue for members of Congress to listen to the American people and end US military aid to the extremist Netanyahu government I am a proud Jewish-American. My father fled Poland in 1921 to escape poverty and antisemitism. Those in his family who stayed were murdered by the Nazis. Since childhood, I … Read more
Physicians issue reminder to public after TV doctor and CMS chief relays president’s claim on Don Jr podcast Donald Trump defended his consumption of diet soda by suggesting it might help prevent cancer, according to recent comments shared by Mehmet Oz in an interview with Donald Trump Jr. The remarks have even prompted some doctors … Read more
The Department of Homeland Security (DHS) shutdown entered its 60th day on Wednesday, but House Republicans are standing in the way of reopening much of the agency. Congress returned in full on Wednesday, but there is no sense of urgency to end the longest government shutdown in history. Instead, the House is mired in a … Read more
HHS recommended Dr. Erica Schwartz, a deputy U.S. surgeon general during Trump’s first term, to lead the Centers for Disease Control and Prevention, sources say.
A man in Minnesota is facing felony charges after being accused of registering to vote and then voting in the 2024 election despite not being a citizen of the United States. Mukeshkumar Somabhai Chaudhari, 39, was charged with perjury and a voting violation on Monday after authorities say they obtained records showing he submitted a … Read more
