Category Archives: World/National

FDA approves Moderna’s new lower-dose COVID-19 vaccine

FDA approves Moderna’s new lower-dose COVID-19 vaccine

The Food and Drug administration has approved a new COVID-19 vaccine made by Moderna but with limits on who can use it. Moderna’s new option is a lower-dose version that is a step toward next-generation coronavirus vaccines. The company said in a statement Saturday that it expects to offer both the new vaccine and its existing COVID-19 shot this fall. The FDA approved the new vaccine for all adults 65 and older, and for people age 12 to 64 who are at higher risk from the coronavirus. That’s the same limit that the FDA set in licensing another vaccine option from Novavax.… Continue Reading

Trump gives Elon Musk an Oval Office sendoff

Trump gives Elon Musk an Oval Office sendoff

WASHINGTON (AP) — President Donald Trump bid farewell to Elon Musk in the Oval Office. The billionaire entrepreneur is ending his work in the administration on Friday. He had spearheaded the Department of Government Efficiency, known as DOGE, to slash federal spending. However, Musk fell far short of his targets and struggled in the unfamiliar environment of Washington. Thousands of people were laid off or pushed out of their jobs while litigation piled up. Musk plans to go back to running his companies, including Tesla and SpaceX. He’s also said he’ll curtail political spending after becoming Trump’s biggest donor in last year’s presidential campaign.… Continue Reading

A global rally for stocks loses steam amid questions about what will happen to Trump’s tariffs

A global rally for stocks loses steam amid questions about what will happen to Trump’s tariffs

NEW YORK (AP) — A big rally for stocks that began in Asia lost steam amid uncertainty about what will happen next after a U.S. court blocked many of President Donald Trump’s tariffs. The S&P 500 rose 0.4% Thursday after giving up most of an earlier gain. The Dow Jones Industrial Average rose 0.3%, and the Nasdaq composite added 0.4%. It’s a downshift after stocks initially leaped in Tokyo and Seoul, where markets had the first chance to react to Wednesday’s ruling by the U.S. Court of International Trade. The White House said it would appeal. Nvidia rallied after its profit report.… Continue Reading

Chinese students anxious and angry after Rubio vows to revoke visas

Chinese students anxious and angry after Rubio vows to revoke visas

HONG KONG (AP) — Chinese students in the U.S. are scrambling to figure out their futures after U.S. Secretary of State Marco Rubio announced Wednesday some students would have their visas revoked. Many reacted with anger. A Chinese student at Johns Hopkins University described it as a “new version of Chinese Exclusion Act.” Chinese students have seen rising rejection rates for visas in recent years amid strained U.S.-China relations. Hong Kong has said it would welcome students from all over who were impacted by the U.S.’ changing policies to study in the city… Continue Reading

Elon Musk is leaving the Trump administration after leading effort to slash federal government

Elon Musk is leaving the Trump administration after leading effort to slash federal government

WASHINGTON (AP) — Elon Musk is criticizing the centerpiece of President Donald Trump’s legislative agenda, saying he’s “disappointed” in what the president calls his “big beautiful bill.” Trump defended the measure by emphasizing the tax cut proposals and saying it’s the product of delicate negotiations. It’s a significant fracture in a partnership that was forged during last year’s campaign and was poised to reshape American politics and the federal government. Musk made his comments in an interview with CBS that came out Tuesday night. He said the legislation “undermines the work” of his Department of Government Efficiency, known as DOGE. Republicans recently pushed the legislation through the House and are debating it in the Senate.… Continue Reading

S&P 500 rallies 2% as Wall Street’s roller-coaster ride whips back upward after Trump delays tariffs

S&P 500 rallies 2% as Wall Street’s roller-coaster ride whips back upward after Trump delays tariffs

NEW YORK (AP) — Wall Street rallied after President Donald Trump delayed a 50% tariff on goods coming from the European Union. The S&P 500 jumped 2% Tuesday. Its gains accelerated following a better-than-expected report on U.S. consumer confidence. The Dow Jones Industrial Average jumped 740 points, and the Nasdaq composite climbed 2.5%. They more than recovered their losses from Friday, when Wall Street’s roller-coaster ride dropped after Trump announced the tariffs on the European Union. Nvidia was the strongest single force pushing the S&P 500 higher. Treasury yields eased in the bond market.… Continue Reading

US consumer confidence rebounds after five straight months of declines amid tariff anxiety

US consumer confidence rebounds after five straight months of declines amid tariff anxiety

WASHINGTON (AP) — Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to the lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Donald Trump’s tariffs. The Conference Board said Tuesday that its consumer confidence index rose 12.3 points in May to 98, up from April’s 85.7, its lowest reading since May 2020. A measure of Americans’ short-term expectations for their income, business conditions and the job market jumped 17.4 points to 72.8, but remained below 80, which can signal a recession ahead.… Continue Reading

Trump administration moves to cut $100 million in federal contracts for Harvard

Trump administration moves to cut $100 million in federal contracts for Harvard

WASHINGTON (AP) — The Trump administration is asking federal agencies to cancel contracts with Harvard University worth about $100 million. The move intensifies the president’s clash with the nation’s oldest and wealthiest university. The government already has canceled more than $2.6 billion in federal research grants for the Ivy League school, which has pushed back on the administration’s demands for changes to several of its policies. A letter sent Tuesday from the General Services Administration directed agencies to review contracts with the university and seek alternate vendors. President Donald Trump has railed against Harvard, calling it a hotbed of liberalism and antisemitism. The school filed a lawsuit over the administration’s calls for changes to the university.… Continue Reading

Meet Hercules and Ned, the border collies fending off wildlife at West Virginia’s busiest airport

Meet Hercules and Ned, the border collies fending off wildlife at West Virginia’s busiest airport

CHARLESTON, W.Va. (AP) — Two border collies have a full-time job keeping birds and other wildlife off the runway at West Virginia’s busiest airport. Hercules and Ned make daily patrols with their handler to keep planes and passengers safe along the milelong airfield at West Virginia International Yeager Airport. Hercules is 8 years old and has been on the job at the mountaintop airport in Charleston since 2018. Ned is 3 and was brought in last year. Hercules is also the airport’s chief ambassador, soaking in affection from passengers inside the terminal while providing calm for some nervously waiting to board a flight.… Continue Reading

Federal judge blocks Trump administration decision to bar foreign student enrollment at Harvard

Federal judge blocks Trump administration decision to bar foreign student enrollment at Harvard

WASHINGTON (AP) — A federal judge has blocked a Trump administration decision to revoke Harvard University’s ability to enroll international students. The temporary restraining order stops the government from pulling Harvard’s certification in the Student and Exchange Visitor Program, which allows the school to sponsor international students as they obtain visas to study in the U.S. Harvard filed the lawsuit in U.S. District Court in Massachusetts earlier Friday.… Continue Reading

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