House Republicans have passed a sweeping multi-trillion dollar tax breaks package, a narrow victory for President Donald Trump and House Speaker Mike Johnson after weeks of negotiations with conservative hold-outs. Trump’s “big, beautiful bill” passed with a vote of 215 votes to 214, with two Republicans joining Democrats to oppose it and one voting present….
Johann Wadephul (CDU), Federal Foreign Minister, makes a statement during an informal meeting of NATO foreign ministers. Sebastian Gollnow/picture alliance via Getty Images Germany is backing U.S. President Donald Trump’s call to increase the defense spending target of NATO members to 5% of their individual gross domestic product, German Foreign Minister Johann Wadephul said Thursday….
Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025. Evelyn Hockstein | Reuters Mark Zuckerberg’s plan is to make Meta the market leader in artificial intelligence. Investors will want to know how President Donald Trump’s tariffs-heavy trade…
Ukrainian army soldiers of the 22nd brigade during tank training as Russia-Ukraine war continues in Donetsk Oblast, Ukraine on October 29, 2023. Diego Herrera Carcedo | Anadolu Agency | Getty Images The European Union has plans to step up its defense spending in a big way — but some leaders want it to go even…
German lawmakers have voted to allow a huge increase in defence and infrastructure spending – a seismic shift for the country that could reshape European defence. A two-thirds majority of Bundestag parliamentarians, required for the change, approved the vote on Tuesday. The law will exempt spending on defence and security from Germany’s strict debt rules,…
Shoppers in New York City, U.S., on Feb. 2, 2025. Robert Nickelsberg | Getty Images News | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For the skeptics, that is like desperately…
President Trump on Saturday signed the government funding bill passed by the Senate on Friday. The bill was passed just hours before a midnight deadline to avoid a lapse in funding, which would have shut down the government. The signing of the bill ended a week of drama of Capitol Hill. On Tuesday, the House…
The US has averted a government shutdown after the Senate passed a Republican-led measure to keep the government funded for the next six months. The stopgap funding bill passed in the Senate 54-46, as two Democrats joined all but one Republican senator in voting yes. President Donald Trump must now sign it into law before…
Paul Kirby Europe digital editor Reuters The deal is a personal victory for Friedrich Merz, Germany’s chancellor-in-waiting Germany’s conservative leader, Friedrich Merz, has clinched an enormous financial package to revamp defence and infrastructure, ahead of a crunch vote in parliament next Tuesday. Merz, who aims to lead a government with the Social Democrats in the…
People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an initial public offering earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images It was a bad day for tech stocks, and a…
