'Monetization of the presidency': Journalist reacts to Trump's investment deal with Saudi Arabia
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Yahoo
25 minutes ago
- Yahoo
State Department may require visa applicants to post bond of up to $15,000 to enter the US
WASHINGTON (AP) — The State Department is proposing requiring applicants for business and tourist visas to post a bond of up to $15,000 to apply to enter the United States, a move that may make the process unaffordable for many. In a notice to be published in the Federal Register on Tuesday, the department said it would start a 12-month pilot program under which people from countries deemed to have high overstay rates and deficient internal document security controls could be required to post bonds of $5,000, $10,000 or $15,000 when they apply for a visa. A preview of the notice, which was posted on the Federal Register website on Monday, said the pilot program would take effect within 15 days of its formal publication and is necessary to ensure that the U.S. government is not financially liable if a visitor does not comply with the terms of his or her visa. 'Aliens applying for visas as temporary visitors for business or pleasure and who are nationals of countries identified by the department as having high visa overstay rates, where screening and vetting information is deemed deficient, or offering citizenship by investment, if the alien obtained citizenship with no residency requirement, may be subject to the pilot program,' the notice said. The countries affected would be listed once the program takes effect, it said. The bond would not apply to citizens of countries enrolled in the Visa Waiver Program and could be waived for others depending on an applicant's individual circumstances. Visa bonds have been proposed in the past but have not been implemented. The State Department has traditionally discouraged the requirement because of the cumbersome process of posting and discharging a bond and because of a possible misperceptions by the public. However, the department said that previous view 'is not supported by any recent examples or evidence, as visa bonds have not generally been required in any recent period.' Solve the daily Crossword
Yahoo
25 minutes ago
- Yahoo
American Eagle stock rises 16% after Trump weighs in on viral Sydney Sweeney ad
American Eagle (AEO) stock rose as much as 16% in on Monday after President Trump waded into the discussion around the company's viral ad campaign featuring Sydney Sweeney. "Sydney Sweeney, a registered Republican, has the 'HOTTEST' ad out there," Trump wrote in a post on Truth Social, the social media platform he owns. "It's for American Eagle, and the jeans are 'flying off the shelves.' Go get 'em Sydney!" The campaign features a play on homophones — "Sydney Sweeney has great jeans" and "Sydney Sweeney has great genes" — that quickly generated controversy around the potential ambiguity of the ad's message. American Eagle responded to the accusations on Sunday, saying in a post on its Instagram page: "'Sydney Sweeney has great jeans' is and always about the jeans. Her jeans. Her story." Shares of the retailer have been volatile since the ad campaign was rolled out in late July, with the stock getting lumped in with other meme plays late last month, a trade that has begun to fizzle out over the last week. President Trump's post on Monday also alluded to recent advertising campaigns from companies including Jaguar and Bud Light, which saw both brands embroiled in controversies around messaging derided by critics as "woke." Last week, Jaguar Land Rover announced its CEO Adrian Mardell would step down from the top job after three decades with the company, attributing the move to Mardell's wish to retire. A successor has not yet been announced. "The tide has seriously turned — Being WOKE is for losers, being Republican is what you want to be," Trump wrote. Jake Conley is a breaking news reporter covering US equities for Yahoo Finance. Follow him on X at @byjakeconley or email him at
USA Today
26 minutes ago
- USA Today
Moscow urges everyone, including Trump, to be 'very, very cautious' with nuclear rhetoric
Moscow downplayed President Trump's announcement that he'd ordered two nuclear submarines to "the appropriate regions" after doomsday Russian rhetoric. Moscow broke its silence on President Donald Trump's comments ordering two nuclear submarines to "the appropriate regions" in response to "provocative" remarks by a former Russian president. Kremlin spokesperson Dmitry Peskov told Russian state media on Aug. 4 that the country was "very attentive" to the topic of nuclear non-proliferation and believed "everyone should be very, very cautious with nuclear rhetoric." Peskov also played down the significance of Trump's comments, saying it was clear to Russia that U.S. submarines were already on combat duty. He said Russia had no appetite for getting into a prolonged argument with Trump. Still, Trump's deployment of the nuclear submarines appears to be the first time social media rhetoric has led an American president to apparently reposition parts of the United States' nuclear arsenal. (Trump did not specify whether he was referring to nuclear-powered or nuclear-armed submarines.) Trump said the move was in response to statements from Dmitry Medvedev, who was the Russian president from 2008 to 2012 and prime minister from 2012 to 2020. He is now the deputy chairman of Russia's Security Council. Medvedev, who in recent years has taken to social media to post spiky, rabble-rousing comments aimed at the United States, said in a post on X, formerly Twitter, that Trump's recent threats to sanction Russia, including a tariffs ultimatum, were "a step towards war." Seeking a ceasefire Since the start of Russia's full-scale invasion of Ukraine, Putin himself has frequently resorted to nuclear threats. The Kremlin has repeatedly suggested that Moscow could use nuclear weapons under certain circumstances. The latest spat follows Trump's trip to Scotland, where he said he was reducing his 50-day deadline for Russia to make moves toward trying to end its war with Ukraine – down to a new deadline of 10 or 12 days. That deadline is Aug. 8. Trump warned of "very severe" sanctions on Russia if it does not commit to a ceasefire. Ahead of the deadline, Trump's special envoy Steve Witkoff, a real estate mogul and cryptocurrency trader who has turned into Trump's de facto roaming emissary, is expected to visit Russia on Aug. 6. Peskov said Russia views Witkoff's visit as "important, substantial and helpful," and he raised the possibility that Witkoff might see President Vladimir Putin for talks. Witkoff has made multiple trips to Moscow at Trump's behest. After one of his trips, he returned with a portrait of Trump gifted by Putin. During another visit, Witkoff, who does not speak Russian, arrived without a translator and relied on one supplied by the Kremlin. His last trip was in April. Trump told reporters that if his Aug. 8 deadline arrives and Russia has not agreed to a Ukraine ceasefire, "there'll be sanctions. But they seem to be pretty good at avoiding sanctions," he added. "You know, they're wily characters. … So we'll see what happens."
