US News
Trump announced an agreement and delayed threatened 50% tariffs, but neither government had published complete terms or a signed text.
The United States and Canada said they were close to a trade agreement that would avert threatened 50% tariffs, while important terms remained undisclosed. Trump announced an agreement and delayed threatened 50% tariffs, but neither government had published complete terms or a signed text. President Trump said the United States and Canada had a trade deal, while Canadian officials described negotiations as close to completion.
Why it matters: A deal could remove an immediate trade shock, but businesses cannot price its effects until tariff schedules, exemptions and implementation dates are public.
Read full articleUS News
The government expanded purchases to calm a market where the 10-year yield had climbed above 4.7% amid inflation, oil and debt concerns.
The Treasury Department said it would at least double planned buybacks of longer-term government debt after a sharp rise in yields. The government expanded purchases to calm a market where the 10-year yield had climbed above 4.7% amid inflation, oil and debt concerns. Treasury said it would at least double the size of planned purchases of longer-term government debt.
Why it matters: High Treasury yields flow into mortgages, business credit and federal interest costs, so an intervention aimed at market functioning can reach households quickly.
Read full articleUS News
The White House physician and policy aide would take over an agency responsible for medicines, vaccines, food safety and tobacco regulation.
President Trump selected Dr. Heidi Overton, a top White House health aide, as his nominee to lead the Food and Drug Administration. The White House physician and policy aide would take over an agency responsible for medicines, vaccines, food safety and tobacco regulation. Trump announced Dr. Heidi Overton as his choice for FDA commissioner.
Why it matters: FDA leadership affects scientific review, public-health enforcement and the credibility of decisions covering products used by nearly every American.
Read full articleUS News
Five journalists and two military members were held during a communication failure before a scheduled groundbreaking event.
Security personnel briefly detained invited journalists and military members at gunpoint after a communications breakdown at Vandenberg Space Force Base. Five journalists and two military members were held during a communication failure before a scheduled groundbreaking event. Five reporters and two military members arrived for an invited groundbreaking event at Vandenberg in California.
Why it matters: The incident tests whether heightened base security can be administered without creating avoidable risk for invited visitors and service members.
Read full article