Federal prosecutors have opened a criminal investigation into Federal Reserve Chair Jerome Powell, triggering fresh concerns about the independence of the US central bank. Powell has publicly linked the probe to ongoing political pressure over interest rate decisions, raising alarms across financial markets.
12 January,2026 08:51 PM IST
The Trump administration is warning that 42 million Americans could lose their food stamp benefits as the government shutdown drags on. The USDA says it can’t legally move funds to cover SNAP payments unless Congress passes a funding bill. Democrats demand an extension of Obamacare subsidies, while Republicans push for a “clean” funding resolution. The standoff now threatens to cut off food aid for millions within days.
30 October,2025 12:25 AM IST
In a shocking move for China, Trump announced new levies and export controls on all critical software starting November 1. He called Beijing’s actions “extraordinarily aggressive” and warned the U.S. would respond firmly. Why is Trump punishing China? Take a look.
11 October,2025 01:34 PM IST
President Donald Trump has ordered two nuclear submarines to be positioned in "appropriate regions" following what he called "highly provocative" threats from former Russian President Dmitry Medvedev. The move comes after Medvedev reacted strongly to Trump’s ultimatum to end the war in Ukraine by August 8 or face heavy sanctions. While Trump did not specify whether the submarines are nuclear-powered or nuclear-armed, he warned that words can lead to unintended consequences.
02 August,2025 07:09 PM ISTADVERTISEMENT
