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The Latest Breaking News from United States

Rubio urges de-escalation in India, Pakistan calls amid soaring tensions

Islamabad asks the US to help ease tensions with New Delhi after receiving ‘credible intelligence’ of imminent strike.

Al Jazeera

Morning Mail: Nationals in One Nation deal, the man behind the Trumpet texts, top gong for Amyl and the Sniffers

A ‘handshake’ deal could help the Nationals win Hunter back from Labor; US economy stalls as Trump lashes out at interviewer

The Guardian - AU

Meta Quarterly Profit Climbs Despite Big Cloud Spending

Tech giant Meta reported quarterly profits well above expectations Wednesday, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence would hamper growth.

International Business Times

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Democrats rally at US Capitol to decry ‘failure’ of Trump’s first 100 days

Lawmakers including Chuck Schumer denounce ‘failure’ on economy, costs, foreign policy, democracy and middle class

The Guardian - US

Stocks Rebound Ahead of Earnings from Microsoft and Meta Platforms

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.13%. June E-mini S&P futures (ESM25 ) are up +0.19%, and June E-mini Nasdaq futures...

Barchart

U.S. Accused of 'Kidnapping' Toddler Placed in Foster Care as Mom Was Deported to Venezuela, Dad Sent to El Salvador

A family of three were separated after surrendering to US immigration authorities, with the couple's two-year-old child being left behind in the United States while her parents were deported to separate countries.

Latin Times

Trump’s stock market in his first 100 days wasn’t just among the worst ever - it might have cost you thousands

‘This is Biden’s Stock Market, not Trump’s,’ the president wrote on Wednesday morning

The Independent UK

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800,000 Reasons You Should Consider Buying SoFi Stock Now

With a soaring customer base and upbeat guidance in a cautious market, SoFi’s momentum could make it a smart portfolio addition now.

Barchart

Court Frees Palestinian Student Arrested by ICE at His U.S. Citizenship Hearing

A U.S. district judge called Mohsen Mahdawi’s detention a “great harm to a person who has been charged with no crime.”

Reason

Republicans Seek $1,000 Fee for Asylum Seekers in Sweeping Immigration Plan

House Republicans have introduced a proposal that would require migrants to pay $1,000 to apply for asylum

Latin Times

Microsoft says quarterly profits up 18% as it weathers tech sector turbulence

Microsoft on Wednesday said its profits rose 18% for the January-March quarter, driven by its growth in its cloud computing and artificial intelligence business in a turbulent time for the tech sector

The Independent UK

Venezuelan Two-Year-Old in U.S. Custody After Parents Get Abruptly Deported to Different Countries

Yorely Bernal Inciarte and Maiker Espinoza Escalona were deported to Venezuela and El Salvador, but their child remains in the U.S. foster care system.

Latin Times

A former Trump official backs World Heritage status for the vast Okefenokee Swamp

President Donald Trump's former agriculture secretary wants the administration to support adding the Okefenokee Swamp's vast wildlife refuge to a United Nations list of World Heritage site

The Independent UK

How does consciousness work? Duelling scientists tested two big theories but found no winner

“Theories are like toothbrushes,” it’s sometimes said. “Everybody has their own and nobody wants to use anybody else’s.”

The Conversation

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The Conversation

Feuding mob families, mind control and a murder at the White House: what to watch in May

It’s May! Where did the year go? It must be all the amazing TV we’re watching that’s making the time whiz by. This month’s lineup of expert picks is packed with standout shows across all genres.

The Conversation

Donald Trump has cast a long shadow over the Australian election. Will it prove decisive?

Donald Trump is everywhere, inescapable. His return to power in the United States was always going to have some impact on the Australian federal election. The question was how disruptive he would be.

Reason

The Tariffs Imposed by President Trump Are Unconstitutional

Presidential power must stem from the Constitution or a statute, and the tariffs imposed by President Trump are unauthorized by statute, making them both unlawful and unconstitutional.

Al Jazeera

US diplomat Marco Rubio will not provide info to judge about deported man

The Trump administration remains defiant despite a judge’s order to ‘facilitate’ return of Kilmar Abrego Garcia.

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Fortune

Architect of Trump’s tariff policy doesn’t see ‘immediate change’ to China tariffs

Chair of the Council of Economic Advisers Stephen Miran said tariffs on China would remain in place.

The Guardian - US

Ukraine war briefing: US and Kyiv ‘ready to sign’ minerals deal amid uncertainty over last-minute hurdles

Ukraine’s first deputy PM travels to Washington to sign deal as later reports claim US pushing Ukraine to sign extra documents Kyiv felt were not ready

Fortune

The U.S. dollar has a long term ally in crypto

The spread of stablecoins means millions of people around the world are holding dollars for the first time.

Barchart

Weak Stocks Boost Liquidity Demand for the Dollar

The dollar index (DXY00 ) Wednesday rose by +0.24%. Wednesday’s stock slump boosted liquidity demand for the dollar. Also, Wednesday’s news that showed the Q1 core PCE price index rose more than expected is hawkish for Fed policy and dollar supportive. The dollar fell back from its best levels on...

The Independent UK

Florida seeks to enforce a law making it a crime for people in the US illegally to enter the state

Florida officials are appealing an injunction that freezes a new state law making it a misdemeanor for people who came to the country illegally to enter Florida if they elude immigration authorities

The Guardian - US

Microsoft beats Wall Street expectations for fourth quarter in a row amid AI boom

Tech giant has committed to investing $80bn in artificial intelligence this fiscal year as it reveals revenue of $70.07bn

The Independent UK

Even El Salvador’s president questioned Trump team on if migrants being sent were actually gang members: report

El Salvador’s Nayib Bukele privately ‘expressed concern’ about who the Trump administration sent to El Salvador’s Terrorism Confinement Center, according to the report

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