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Bernie Sanders leads letter urging Paramount Global to ‘stand up for our democracy’ | Bernie Sanders newsthirst.

The senator Bernie Sanders and his Democratic colleagues are urging Paramount Global not to settle Donald Trump’s $20bn lawsuit against 60 Minutes, saying such a decision would “capitulate to this dangerous move to authoritarianism”. In a letter co-signed by eight senators, Sanders urged controlling shareholder Shari Redstone and Paramount Global’s board to reconsider settling with…

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Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy | US economy newsthirst.

The Federal Reserve kept interest rates on hold as questions around the global economic outlook mount amid Donald Trump’s erratic rollout of an aggressive trade strategy. Policymakers at the US central bank cautioned that “the risks of higher unemployment and higher inflation have risen” as they opted to maintain the benchmark interest rate for the…

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U.S. wanted trade talks, opposes Trump tariffs newsthirst.

The upcoming meeting in Switzerland between U.S. Treasury Secretary Scott Bessent and his Chinese counterpart was requested by the Trump administration, Chinese officials said Wednesday. China will be entering the talks “firmly” opposed to U.S. tariff hikes, and willing to participate only in a dialogue “based on equality, respect and mutual benefit,” Foreign Ministry spokesman…

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