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WASHINGTON (AP) — The Trump administration said Monday it will comply with a court ruling temporarily blocking a nearly $1.8 billion fund meant to compensate allies of President Donald Trump, effectively agreeing to pause the plan for at least two weeks after setbacks in the courts and a fierce backlash from Republicans who objected to potential payouts to participants in the Jan. 6, 2021, riot at the U.S. Capitol. The […]

Pride month has begun across the U.S., bringing parades and parties to big cities and small towns to celebrate LGBTQ+ people. The rainbow-filled festivities this year come as President Donald Trump’s administration is pushing policies to roll back the rights of transgender people and curtail recognition of diversity, equity and inclusion. Jordan Braxton, co-president of USA Prides, a organization of Pride groups, says the events have always been rooted in […]

WASHINGTON (AP) — The State Department plans to drastically slash the number of U.S. embassies and consulates in Africa that can process visas for foreigners seeking to come to the United States. The almost 50 U.S. embassies and consulates that are processing visa applications will be reduced to 20 in the coming weeks, according to three U.S. officials and an internal memo obtained by The Associated Press. There is not […]

By Jamie McGeever ORLANDO, Florida, June 1 (Reuters) – Conflicting headlines on the U.S.-Iran ceasefire dominated world markets on Monday, with the big three U.S. stock indices eventually joining several key global benchmarks in an AI-driven rally to new highs after President Donald Trump said the two sides were still talking. In my column today, I look at the so-called “K-shaped” U.S. economy. The personal saving rate has slumped to […]

NEW YORK (AP) — Getting to the NBA Finals proves that the New York Knicks and San Antonio Spurs have made plenty of smart moves along the way. You need a star, like a Jalen Brunson or a Victor Wembanyama. They need some help. They need the right coach. But this finals matchup, which starts Wednesday in San Antonio, also shows that there’s no one way to get all those […]

RIO DE JANEIRO (AP) — The U.S. decision to classify two Brazilian gangs as terrorist organizations is a political one aimed at boosting an ally of President Donald Trump, the son of former Brazilian president Jair Bolsonaro, politicians and analysts say. The gangs join eight other Latin American organized crime groups designated by the U.S. as foreign terrorist organizations. But unlike the rest, they don’t operate in the United States. […]

COPENHAGEN, June 1 (Reuters) – Denmark’s Social Democratic leader Mette Frederiksen said on Monday she has agreed to form a centre-left coalition government, maintaining her grip on power amid a crisis in ties with U.S. President Donald Trump over the future of Greenland. The deal to form a minority cabinet gives Frederiksen a third consecutive term as prime minister, ending months of uncertainty after a March election in which 12 […]

NEW YORK, June 1 (Reuters) – SpaceX has reserved 5% of the shares in its planned initial public offering for certain employees and individuals selected by its executive officers, exempting them from post-IPO lock-up restrictions, according to a regulatory filing released on Monday. The shares will be offered at the IPO price through a directed share program. The company said any reserved shares not purchased through the program would be […]

By Luc Cohen NEW YORK, June 1 (Reuters) – An alleged member of an Iran-backed militia pleaded not guilty on Monday to U.S. criminal charges he was involved in multiple attacks against American interests in Europe, proclaiming in a courtroom outburst, “I am not a criminal.”  Iraqi national Mohammad Baqer Saad Dawood Al-Saadi spoke in Manhattan federal court after his lawyer, Andrew Dalack, entered a not guilty plea on his […]