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GOP tax bill would add trillions to debt
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story GOP tax bill would add $3.7 trillion to deficit: JCT The tax portion of the Republican policy bill would cost $3.7 trillion over the next decade, said Joint Committee on Taxation (JCT) found. The Associated...
Published on: May 13, 2025 | Source:
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How China’s Comac could reshape aviation
Even if it doesn’t challenge Airbus or Boeing on the global stage, strong domestic growth will boost the aircraft maker
Published on: May 13, 2025 | Source:Insurers win relief on commercial policies from UK regulator
Financial Conduct Authority says move part of wider set of proposals to remove ‘ineffective’ or ‘duplicated regulation’
Published on: May 13, 2025 | Source:DeepSeek’s AI in hospitals is ‘too fast, too soon’, Chinese medical researchers warn
A paper warning of ‘substantial clinical risk’ from an overreliance on AI models makes a team of medical researchers a rare voice of caution.
Published on: May 13, 2025 | Source:Parents angry over 'unfair' exam plan after riot police called to venue
Parents say it is unfair that some students will be allowed to re-sit selective school entrance exams after police were called to chaotic scenes at their original tests.
Published on: May 13, 2025 | Source:Gaza Hospital Attack: Israeli Airstrike Kills 6 at European Hospital
Israeli airstrikes hit Gaza’s European Hospital, killing 6 and wounding 40. Hamas-controlled health ministry reports attacks targeted ER entrance as humanitarian crisis worsens. Related: Death Toll in Gaza Rise to 52,810, Genocide Does Not Cease At least six people were killed and over 40 wounded Tuesday when Israeli airstrikes hit Gaza’s European Hospital, according to […]
Published on: May 13, 2025 | Source:Trump arrives in Saudi Arabia as he sets new course for American policy in Middle East
President Trump signed several new agreements with Saudi Arabia on the first leg of a three-nation tour of the Middle East. It's his first major trip abroad since retaking the White House. Trump also assailed decades of American policy in the region while he sets a new course. Nick Schifrin reports.
Published on: May 13, 2025 | Source:Robert De Niro rips 'America’s philistine president' at Cannes
Robert De Niro tore into President Trump at the Cannes Film Festival on Tuesday, labeling him “America’s philistine president” and calling on the public to fight to protect the arts. In his speech accepting the Palme d’Or lifetime achievement award, the iconic actor warned of the threat he sees Trump posing to independent arts and...
Published on: May 13, 2025 | Source:News Wrap: White House terminates another $450 million in grants to Harvard
In our news wrap Tuesday, the Trump administration is terminating another $450 million in grants to Harvard, inflation slowed for the third straight month even as some of Trump's tariffs took effect, the FAA is defending its decision to move control of Newark's airspace to Philadelphia and Zelenskyy is putting pressure on Putin to join him for ceasefire talks in Turkey.
Published on: May 13, 2025 | Source:Mideast experts weigh in on Trump’s economic and defense deals in the region
During his visit to the Middle East, President Trump announced the lifting of U.S. sanctions on Syria, arms sales and U.S.-Saudi business agreements. For additional perspective on this, Amna Nawaz spoke with Vali Nasr, an adviser in the State Department during the Obama administration, and Bernard Haykel, professor of Near Eastern studies at Princeton and a senior fellow at the Hudson Institute.
Published on: May 13, 2025 | Source:What trouble in the bond market means for your investments and the economy
The April inflation numbers show that prices did not jump significantly after President Trump imposed higher tariffs and then, in many cases, delayed them. But the longer term is still uncertain. The market response to the back-and-forth over trade has been volatile, particularly when it comes to the bond market. Economics correspondent Paul Solman explains.
Published on: May 13, 2025 | Source:Ohio students face changes on campus as new state law rolls back diversity initiatives
Since taking office in January, the Trump administration has targeted diversity, equity and inclusion efforts nationwide, including on college campuses. In Ohio, a new state law is also challenging DEI programs, leaving students and faculty on both sides of the issue bracing for change. William Brangham reports for our series, Rethinking College.
Published on: May 13, 2025 | Source:UK man jailed for 38 years weeps as court overturns his murder conviction
Peter Sullivan, the UK’s longest-serving victim of a wrongful conviction, has been released after being exonerated by DNA evidence.
Published on: May 13, 2025 | Source:Community groups in Minnesota work to address murders and disappearances of Black women
Despite making up 15 percent of the female population, almost 40 percent of the women and girls reported missing last year were Black. Despite national pressure to abandon programs addressing disparities, an effort in Minnesota is exploring the problem and finding solutions. Special correspondent Fred de Sam Lazaro reports for our series, Race Matters.
Published on: May 13, 2025 | Source:NYT: 'In Private, Some Israeli Officers Admit That Gaza Is on the Brink of Starvation'
NYT: 'In Private, Some Israeli Officers Admit That Gaza Is on the Brink of Starvation' A New York Times report on Tuesday said that within the Israeli military, there are already calls to lift the crippling aid blockade on Gaza that has been in place since early March. "Israeli military officers who monitor humanitarian conditions in Gaza have warned their commanders in recent days that unless the blockade is lifted...
Published on: May 13, 2025 | Source:Fintech company Chime files for Nasdaq IPO
An initial public offering from Chime could help to attract more companies to public markets.
Published on: May 13, 2025 | Source:Baseball reinstates Pete Rose and Shoeless Joe Jackson, making them Hall of Fame eligible
After previously being on the ineligible list, Pete Rose and Shoeless Joe Jackson are now eligible to be inducted into Baseball’s Hall of Fame. The two immensely talented players were both tainted by scandal. Rose admitted to betting on games while Jackson and seven other teammates were banned for allegedly fixing the World Series in 1919. Geoff Bennett discussed more with Howard Bryant of ESPN.
Published on: May 13, 2025 | Source:Controversial water licence approved for cotton and hay around Larrimah
Indigenous people in the nearby remote community of Jilkminggan fear their springs and creeks will be degraded as a new water licence allows for an 800-hectare irrigated cotton plantation.
Published on: May 13, 2025 | Source:GOP makes biggest bet yet pairing Trump tax rates with Medicaid cuts
Republicans on Capitol Hill are betting the farm on President Trump’s domestic agenda. The massive legislative package features the tax cuts, energy production and immigration crackdown that helped Trump secure a second term, and GOP leaders in the Capitol are eager to pass it quickly to boost an embattled White House ally whose approval ratings...
Published on: May 13, 2025 | Source:Masters champ McIlroy returning to Australia after more than a decade
Newly minted career grand slam winner Rory McIlroy will play the Australian Open for the first time in 11 years in December, and back up in 2026.
Published on: May 13, 2025 | Source:Family who lived through 1950s U.S. deportation effort reflects on current climate
The Trump administration’s immigration policies have created fear and uncertainty for many communities, including people who lived through an earlier crackdown. Santiago Campos of our journalism training program, PBS News Student Reporting Labs, talked to his family members about how they view this moment.
Published on: May 13, 2025 | Source:Is ASEAN Falling Short, or Are We Expecting Too Much?
Due to its cultural and political diversity, Southeast Asia lacks the ideational substructure on which to build an organization akin to the European Union.
Published on: May 13, 2025 | Source:Treasury sanctions companies over Iranian oil
{beacon} Energy & Environment Energy & Environment The Big Story US accuses companies of giving Iranian oil to China The Treasury Department announced on Tuesday that it has sanctioned a network of more than 20 companies it says have supplied Iranian oil to China. Greg Nash The department’s Office of Foreign Assets Control (OFAC) sanctioned...
Published on: May 13, 2025 | Source:Aussie rider benefits from controversial yellow card in Giro bunch sprint
A 98-place penalty for German rider Max Kanter sees Australian Kaden Groves jump into fifth on stage four of the Giro d'Italia as he searches for his first win since September.
Published on: May 13, 2025 | Source:Canada’s Mark Carney forms new cabinet to reshape ties with US
The PM says his government will relentlessly protect the nation’s sovereignty amid annexation threats from Trump.
Published on: May 13, 2025 | Source:Live: ASX to rise, US-China trade relief sparks Nasdaq tech surge
The Australian share market is likely to follow Wall Street higher as optimism about a US-China trade truce continues to lift investor sentiment, while US inflation rose less than expected in April despite Donald Trump's announcement of global tariffs. Follow live.
Published on: May 13, 2025 | Source:Senior Indian officials dismiss Trump’s claim he alone brokered ceasefire with Pakistan
Implied that New Delhi briefed all key partners, including its fellow Quad members, as China frets security dialogue fanning tensions.
Published on: May 13, 2025 | Source:'I was a functioning addict': Cycling champ reveals cocaine addiction
Sir Bradley Wiggins reveals how he became a functioning cocaine addict after he had called time on his cycling career.
Published on: May 13, 2025 | Source:WATCH LIVE: HHS Secretary RFK Jr. testifies on 2026 White House budget request
Heath and Human Services Secretary Robert F. Kennedy Jr. will testify Wednesday on the White House's 2026 budget request for his agency.
Published on: May 13, 2025 | Source:This is who is going through to the Eurovision grand final from the first semifinal
The Eurovision Song Contest is in full swing for 2025 in Basel, Switzerland. Here's who made it through to the grand final from semifinal one.
Published on: May 13, 2025 | Source:Qatar Airways to announce major purchase from Boeing during Trump’s visit
Qatar Airways is set to announce that it secured an agreement to purchase 150 aircraft from Boeing while President Trump is in Doha on Wednesday, a source familiar with the matter confirmed to NewsNation. Trump will travel from Saudi Arabia to Qatar in the early afternoon on Wednesday, local time, and participate in a state...
Published on: May 13, 2025 | Source:Airbnb launches redesigned app, new services business
Airbnb launched a redesigned app to showcase the company's push to let travelers book services, like catering and personal training, at their home rentals.
Published on: May 13, 2025 | Source:Gabbard fires top National Intelligence Council officials
Director of National Intelligence Tulsi Gabbard fired two top officials at the National Intelligence Council, purging leaders amid what the office called an effort to address “weaponization” of intelligence. Gabbard removed the acting head of the council, Mike Collins, as well as his deputy, Maria Langan-Riekhof. It’s a big shift at an entity the Office...
Published on: May 13, 2025 | Source:FirstFT: China criticises US-UK trade deal
Also in today’s newsletter, Trump hails US-Saudi Arabia relationship, and Nissan to cut 15 per cent of global jobs
Published on: May 13, 2025 | Source:‘Extreme stress’: how the trade war caught one of China’s richest provinces off guard
Zhejiang’s reliance on the US market left it scrambling in April, as soaring tariffs forced officials onto a wartime footing.
Published on: May 13, 2025 | Source: