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Wall Street rallies on Trump’s softer approach to Powell, China

Wall Street rallied Wednesday after President Trump softened his rhetoric on Fed Chairman Jerome Powell and China.

IRS turmoil: Leadership churn, worker exodus and threats to groups’ tax-exempt status roil agency

The height of tax season was the height of turmoil at the IRS. The agency shuffled through three acting directors over the course of a week.

Cory Bowman, J.D. Vance’s half brother, runs for Cincinnati mayor

Cory Bowman was feeling inspired in January as he headed home after watching his half brother, J.D. Vance, be inaugurated as vice president.

Destructive California policies switch from Left to Right

The idea of purging the homeless, through initiatives such as drug decriminalization, is no longer in fashion. That doesn’t stop the ideological pendulum from brushing against it on the other side. This arc is evident in California, where public policy is a mess of incompetence and overcorrection. That is expected in so blue and overgoverned […]

Live updates: Trump calls for ‘fair’ China deal; Vance warns US could ‘walk away’ from Ukraine talks

The stock market rallied early Wednesday after President Trump teased a cut to the 145 percent tariffs on China. The market opened positively with the Dow Jones Industrial up with a gain of more than 700 points, rising about 2 percent while the S&P 500 and the Nasdaq Composite also made sturdy gains. “145 percent...

Return of Russian-abducted Ukrainian children must be linchpin in US peace talks

Ukraine is in urgent need of help from the U.S. to prioritize the return of the approximately 20,000 Ukrainian children kidnapped by Russian forces, who are being subjected to "re-education" camps and brainwashing.

Durbin, No. 2 Senate Democrat, to retire

Sen. Dick Durbin (D-Ill.), the No. 2 Senate Democrat, announced on Wednesday that he would not be seeking reelection, capping off a decades-long Senate career. First elected in 1996, the 80-year-old Durbin has served in the upper chamber for five terms. Speculation around his next steps has been growing for months, particularly earlier this month...

Ukraine peace talks in London downgraded after top diplomats pull out

Peace talks in London between the United States, Ukraine and other European countries to discuss ending the Russia-Ukraine war were downgraded after it was announced that Secretary of State Marco Rubio would not attend.  The Wednesday talks in London were set to be convened between the foreign ministers of Germany, France, Ukraine and others before...

US has ‘opportunity for a big deal’ with China: Bessent

Treasury Secretary Scott Bessent said Wednesday there was an opportunity for a deal with China in a further softening of the Trump administration’s trade stance that has led to a huge market rally over the past two days. “There is an opportunity for a big deal here,” he said. Such a deal would be based...

Shapiro on arson attack of home: ‘The devastation was shocking’

Pennsylvania Gov. Josh Shapiro (D) said “the devastation was shocking” following the recent arson attack at his residence, adding in a New York Times opinion piece that “it looked like a bomb had gone off in the middle of our home.” “Windows were smashed in, and there was glass everywhere. Some tables were turned over,...

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