President Donald Trump said Friday that he had terminated trade discussions with Canada, citing an incoming Canadian tax on tech companies including those based in the U.S. read more
When the Trump Organization launched the Trump Mobile wireless carrier, it also launched a flagship phone called the T1 Phone 8002 (gold version). read more
More patients may die as a result of plans drawn up by the Trump administration to cut billions of dollars from the National Cancer Institute (NCI), veteran federal government workers and experts have warned. read more
The US economy contracted in the beginning of the year at a much faster pace than previously reported, after new data factored in much weaker consumer spending. Gross domestic product, the broadest measure of economic output, registered an annualized rate of -0.5% from January through March, the Commerce Department said Thursday in its third and final estimate. That's worse than the 0.2% decline reported in the second estimate. GDP is adjusted for seasonal swings and inflation. The latest estimate showed that consumer spending " the lifeblood of the US economy " was tepid in the beginning of the year. Spending in the first quarter grew at a rate of just 0.5%, down from 1.2% in an earlier estimate. That's the weakest rate in more than four years. read more
United States Defense Secretary Pete Hegseth said on Thursday that US President Donald Trump "directed the most complex and secretive military operation in history," referring to strikes on Iranian nuclear sites and calling them a "resounding success." "Destroyed, defeated, obliterated - choose your word, this was a historically successful attack," Hegseth said. He cited various reports claiming the facilities were severely damaged, slamming the US media for allegedly not covering them.
'Big drop in income': Chief economist reveals real inflation numbers
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