NEW HAVEN, Conn. – Rep. Ro Khanna, the California Democrat who likely harbors national ambitions in 2028, is turning up the volume in his broadsides against Vice President JD Vance, the heir apparent to President Donald Trump. In two high-profile speeches this week – in the vice president’s home state of Ohio on Monday and Tuesday at Yale Law School, where both politicians earned their legal degrees – Khanna trained his verbal fire on Vance....
The Trump administration is mulling a proposal that would slash the State Department budget by $27 billion – nearly in half – and shutter smaller embassies and consulates across the globe. The proposal calls for the elimination of funding for more than 20 international organizations, including the United Nations, NATO and the Organization of American States, a diplomatic source in possession of the document told Fox News Digital. The U.S. contributed around $13 billion to...
With so many articles and videos on popular media channels advising you not to look at your 401(k) during this market downturn, avoiding taking the other side is tough. If you are close to retirement or retired, isn’t a market downturn a good excuse to look at your 401(k)? After all, you’ve stashed away hard-earned money to enjoy those big post-retirement plans. The stock market is well-known for its uncanny ability to throw you surprises,...
Google is facing a landmark £5 billion legal challenge in the UK, accused of abusing its dominance in internet search to stifle competition and inflate the cost of advertising for businesses. The class action lawsuit, filed on Tuesday at the Competition Appeal Tribunal, alleges that Google unlawfully shut out rival search engines and leveraged its market power to charge British businesses significantly more for digital ads than they would in a competitive market. Brought by...
China has launched a scathing attack on British politicians, accusing them of “arrogance, ignorance and a twisted mindset” over criticism of British Steel’s Chinese owner, Jingye, and the firm’s recent threat to shut down its Scunthorpe blast furnaces. In a strongly worded statement published on Wednesday, Beijing’s embassy in London condemned what it described as unfounded “slander” against both the Chinese government and Chinese businesses operating in the UK. The rare public rebuke follows remarks...
UK inflation fell more sharply than expected in March, reaching its lowest level in five months as falling petrol prices and flat food costs helped to ease the pressure on consumers and policymakers. Figures published by the Office for National Statistics (ONS) show that the annual rate of inflation fell to 2.6%, down from 2.8% in February, and well below forecasts by economists and the Bank of England. It marks the slowest pace of price...
Companies across the UK are being urged to tap into an often-underutilised talent pool: military veterans. New research from the Office for Veterans’ Affairs (OVA) suggests that businesses which employ former service personnel benefit from enhanced team resilience, superior problem-solving skills, and a notably stronger work ethic. According to a survey conducted on behalf of the OVA, 91 per cent of employers who had hired veterans reported a positive business impact. The findings challenge lingering...
China’s economy grew faster than expected in the first quarter of the year, with a 5.4 per cent expansion driven by robust industrial output and domestic consumption — a performance that economists warn may prove short-lived as US tariffs begin to bite. The stronger-than-forecast GDP figures, released by Beijing on Tuesday, showed that the world’s second-largest economy continued to defy global headwinds in the January-March period. Analysts had expected 5.1 per cent growth, making the...
It’s too bad there are no cameras allowed in federal courtrooms, because I really would like to see Mark Zuckerberg testify. He was the leadoff witness in the Federal Trade Commission’s antitrust lawsuit against Meta, and that in itself was news. The clash is the most sweeping attempt to dismember the world’s biggest social network, and goes to the heart of how competition is defined. Not since the government broke up AT&T more than four...
The Defense Department’s (DOD) deputy chief of staff was placed on administrative leave on Tuesday, following the steps of another Pentagon official earlier in the day. Darin Selnick, the deputy chief of staff for Defense Secretary Pete Hegseth, has been removed, a senior U.S. official confirmed to Fox News. Selnick is under investigation for the same leak probe that saw Hegseth aide Dan Caldwell escorted out of the Pentagon by security. Both Selnick and Caldwell...
