Report: Trump asked Ukraine ‘Volodymr, can you hit Moscow?'
Trump says interest in Epstein files is 'pretty boring stuff'
President Donald Trump said he doesn't understand his supporters' continued interest in the Epstein files, calling it "boring," while also reiterating his call for anything 'credible' to be released.
00:56 - Source: CNN
US Citizen who spied on Ukraine awarded Russian passport
Daniel Martindale, an American citizen, spied on the Ukrainian military for Moscow for two years in the region of Donetsk before the Kremlin awarded him a Russian passport on Tuesday, according to state media TASS.
00:41 - Source: CNN
Supreme Court ruling will allow mass firings of Education Department employees
The Supreme Court on Monday said President Donald Trump may proceed with his plan to carry out mass layoffs at the Department of Education in the latest win for the White House at the conservative high court. CNN's Sunlen Serfaty reports.
01:34 - Source: CNN
Unreleased Beyoncé music stolen from choreographer's rental car in Atlanta
Two laptops and hard drives containing watermarked and unreleased music by Beyoncé were stolen from her choreographer's rental car in Atlanta, according to police.
00:55 - Source: CNN
Trump announces novel plan to send weapons to Ukraine
In an Oval Office meeting, President Trump announced that the US will sell weapons to European nations who will then send them to Ukraine. The president also threatened new trade consequences if no peace deal is reached with Ukraine within 50 days.
00:26 - Source: CNN
Deadly fire at Massachusetts assisted living facility
Nine people died Sunday night after an assisted living facility caught fire in Fall River, Massachusetts, officials said, with elderly people begging for help from first responders as smoke poured out of the building.
00:37 - Source: CNN
ICE vehicle runs through protesters
CNN affiliate KGO reports that an ICE vehicle ran through protesters attempting to stop an alleged deportation outside the San Francisco Federal Immigration Court.
00:59 - Source: CNN
How the first 48 hours of the Texas floods unfolded
The Guadalupe River rose 26 feet in 45 minutes on the morning of July 4th, leading to devastation and more than 100 deaths across Central Texas. CNN recounts what happened in the first 48 hours of the flood.
05:02 - Source: CNN
Federal agents face off with protesters at California farm
The Ventura County Fire Department said they responded to calls of people having breathing problems at a farm in Ventura County, California, after federal agents appeared to deploy tear gas canisters into the crowd. A DHS spokesperson told CNN that they were "executing criminal warrants at a marijuana facility." It is unclear if any arrests were made.
01:24 - Source: CNN
Birkin bag smashes auction records at $10 million
Scuffed, scratched and stained, this black leather Hermès Birkin bag just sold for €8.6 million ($10 million), with fees, becoming the most expensive handbag to ever sell at auction. After a dramatic bidding war, the hammer fell at a winning bid of €7 million ($8.2 million). Known as 'The Original Birkin,' the rarefied handbag is the first version of this timeless luxury staple, inspired by its owner — '60s 'It-girl' Jane Birkin.
01:52 - Source: CNN
Moo Deng turns one
The Khao Kheow Open Zoo in Thailand celebrated the first birthday of Moo Deng – a pygmy hippo who rose to fame last year after heartwarming and mischievous videos of her went viral. CNN spoke to Moo Deng fans who flew from around the world to celebrate her special day.
01:13 - Source: CNN
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Trump says 'not planning' fire Fed Chair Powell after reports suggest Powell ouster coming 'soon'
President Trump on Wednesday tempered reports from earlier in the day that suggested he planned imminently to fire Federal Reserve Chair Jerome Powell, the latest twist in the ongoing saga regarding Trump's displeasure with the central bank head. Speaking to reporters in the Oval Office late Wednesday morning, Trump said he is "not planning" to fire Powell, though reiterated his view that rates should be lower and the Fed chair is doing a "terrible job." Trump's comments came just about an hour after a slew of reports suggested the president was inching closer to firing Powell. Bloomberg reported that the president was likely to remove Powell "soon," quoting a White House official, and CBS News reported that Trump indicated to lawmakers he would do so while polling House GOP members Tuesday night about whether he should go through with it. The New York Times reported that Trump even showed those lawmakers a draft of a Powell firing letter in the Oval Office Tuesday night. But Bloomberg and The New York Times also both noted in their reports that Trump has not made a final decision. Following Trump's comments on Wednesday, markets erased some of the losses suffered after the initial reports Trump would fire Powell in short order. Trump also said Wednesday he had not drafted a letter regarding Powell's firing. These signals of a possible firing come after Trump on Tuesday told reporters that Powell's handling of a $2.5 billion renovation of the Federal Reserve headquarters 'sort of is' a fireable offense. Any final move by the president to oust the Fed chair could lead to a legal war with Powell, who has argued he can't be removed by law. The president also appeared in his latest comments to narrow his choices to replace Powell. Treasury Secretary Scott Bessent is an "option," but not the top choice, 'because I like the job he is doing,' he said. The Washington Post and Bloomberg reported this week that National Economic Council Director Kevin Hassett is rising as an early front-runner in the race to replace Powell, although former Fed governor Kevin Warsh is also under consideration. Fed governor Christopher Waller is another possibility. Bessent, though, is 'probably not that much of an option," Trump said Tuesday, citing what he views as his good performance as Treasury secretary. "He's a very soothing force." Trump has been hammering Powell for months over what Trump viewed as a refusal to ease monetary policy for political and personal reasons, referring to Powell publicly as 'dumb,' a numbskull,' a 'stubborn mule,' 'stupid,' a 'moron,' and a 'fool.' Trump nominated Powell for the Fed chair seat during his first administration, and his current term is scheduled to run until May of 2026. Read more: How much control does the president have over the Fed and interest rates? Trump's allies in recent weeks have used another tactic to turn up the pressure on Powell: They have invoked a $2.5 billion renovation of the Fed's headquarters as a way to question the chair's management of the institution and whether he told Congress the truth about the project during testimony in June. Trump said Tuesday that "the one thing I wouldn't have guessed is he would be spending two and a half million dollars to build a little extension onto the Fed." When asked if it was a fireable offense, Trump said, "I think it sort of is, because if you look at his testimony ... he's not talking about the problem. It's a big problem." One House Republican, Florida Rep. Anna Paulina Luna, posted on X Tuesday night: "Hearing Jerome Powell is getting fired! From a very serious source" and later added: "I'm 99% sure firing is imminent." CBS also reported that some members of the House Financial Services Committee, which acts as oversight for the Fed, were planning to meet with Powell on Wednesday night, and that some want to reinforce his independence. Top administration officials have sent mixed signals about how far Trump would go with Powell. Hassett said Sunday on ABC News's "This Week" that whether the president has the legal authority to fire Powell before his term is up next May "is being looked into" and that "certainly, if there's cause, he does." But Treasury Secretary Scott Bessent told Bloomberg Tuesday that the president "said numerous times he's not going to fire Jay Powell" and compared Trump's public pressure to former college basketball coach Bobby Knight "working the refs." "President Trump seems to prefer the Bobby Knight school," he said. Bessent also said Tuesday, "there's a formal process that's already starting" to find Powell's replacement. He also hopes Powell decides to leave the Fed board when his term as chair is up. His seat on the Fed Board of Governors is not up until 2028. Trump, too, has sent mixed signals in recent months about whether he would seek to remove Powell, musing about it publicly before assuring he wouldn't do it. Wall Street is paying close attention to the drama unfolding in Washington, D.C. JPMorgan Chase (JPM) CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is "absolutely critical" and warned that "playing around with the Fed can often have adverse consequences." A firing by Trump could potentially open a new legal war with Powell, who has argued that his removal is 'not permitted by law.' The only language in law pertaining specifically to the removal of Fed board members can be found in Section 10 of the Federal Reserve Act. The law states that each member of the board shall hold office for 14 years "unless sooner removed for cause by the President." The statute doesn't have any language that specifically addresses the chair of the Board of Governors, nor does it detail what exactly constitutes "for cause." The term has been interpreted in legal rulings to mean "inefficiency, neglect of duty, or malfeasance." But Powell and the Fed could still have the backing of the Supreme Court, which made it clear in a May decision it might protect the central bank even as it allowed Trump to fire the board members of two other independent agencies: the National Labor Relations Board and the Merit Systems Protection Board. The central bank, the court said, 'is a uniquely structured, quasi-private entity that follows in the distinct historical tradition of the First and Second Banks of the United States.' What Trump is trying to challenge is a 90-year-old Supreme Court precedent limiting the power of the president to dismiss independent agency board members except in cases of neglect or malfeasance. If that precedent eventually falls, a Powell firing may be easier to legally justify at the Fed. Click here for in-depth analysis of the latest stock market news and events moving stock prices
Yahoo
23 minutes ago
- Yahoo
US trade chief Greer says wants US trade deficit on downward path
By David Lawder and Andrea Shalal (Reuters) -U.S. Trade Representative Jamieson Greer said on Wednesday that his trade policy goal was to put the $1.2 trillion U.S. trade deficit on a downward path and to stem the loss of U.S. advanced manufacturing capacity. Greer, in remarks to a reindustrialization summit in Detroit, said that President Donald Trump's expanded tariff program was already bearing fruit in terms of spurring new industrial investments in the U.S. This includes $4 billion from General Motors to move some production to the U.S. from Mexico, new steel and pharmaceutical plants, Greer said, adding that Trump was encouraging countries to move production to the U.S. to avoid his tariffs. Greer said in most substantial policy address since taking office in late February, that the U.S. industrial decline was due to long-running trade liberalization efforts by both Democratic and Republican administrations, including allowing China to join the World Trade Organization. The 2024 U.S. trade deficit of $1.2 trillion was "a state of affairs that is as unsustainable as it is unacceptable," Greer said. "It almost sounds like Monopoly money." To help remedy this, he said Trump's tariff policies called for a universal tariff rate of 10% on all countries, with higher rates for the most "problematic" ones, including China, which has the highest tariff rate of 55%. "Of course, the president signaled a willingness to negotiate with countries if they want to have an alternative relation with us and really join us in re industrializing. And countries have been responsive," Greer said. Trump himself drafted the recent letters that he has set to a number of countries informing them of tariff rates for their imports absent trade deals, Greer said. "He had a line in there that says there will be no tariff if you decide to build or manufacture product within the United States," Greer said. Greer also said that he also wanted to increase the manufacturing share of U.S. GDP and increase the median household income in the U.S. While tariffs were an important tool in this, there are others, including the recent enactment of a massive tax cut and spending bill that includes investments in energy, tax breaks for research and development and immediate expensing of capital investments against tax liabilities. As the top U.S. trade lawyer, Greer said, "my job is to clear the playing field of all the pitfalls, the obstacles, all the unfairness that has hindered U.S. re-industrialization." Sign in to access your portfolio
Yahoo
23 minutes ago
- Yahoo
Carney says US deal that works for Canada isn't on table yet
(Reuters) -Canadian Prime Minister Mark Carney on Wednesday said working through issues related to softwood lumber is a top priority in ongoing trade negotiations with the U.S., but a deal that works for Canadian workers isn't yet on the table. Speaking to reporters in Hamilton, Carney pointed out that U.S. trade deals with other counties are going to involve very high tariffs, but he declined to say what, if any, tariff level would be acceptable for Canada as part of a deal. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
