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Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldWall Street stocks rallied and oil prices jumped on Tuesday after the US Treasury secretary said a trade war with China was “unsustainable”. Scott Bessent told investors at a conference hosted by JPMorgan that he expected the two countries would reach a deal at some point, according to people familiar with his comments.The Treasury secretary said the high tariffs the US and China have imposed on each other’s imports amounted to what were in effect trade embargoes and added that…

Stay informed with free updatesSimply sign up to the Fund management myFT Digest — delivered directly to your inbox.Powerful New York City public pension funds are prepared to drop asset managers that do not comply with its climate plans, comptroller Brad Lander warned, in a move that puts industry groups such as BlackRock under renewed pressure over sustainable investing.Lander, who is running for New York City mayor, put asset managers on notice on Tuesday that he would demand credible transition plans aligned with the city’s goal to reach net zero emissions by 2040.Lander said: “Asset managers like BlackRock have forsaken…

Drug makers have been warned that US President Donald Trump’s administration is considering linking United States medicine prices to lower amounts paid by other developed countries, according to two company sources who called the option the pharmaceutical industry’s top concern.Both sources, who were not authorised to speak publicly, said they expected the policy to come from the US agency that oversees Medicare and Medicaid health programs.The first source said he had been told directly by government health officials that they were exploring such a policy, which he described as a mid-level priority for Trump’s administration as it tries to lower…

The International Monetary Fund (IMF) says that US President Donald Trump’s tariffs have increased global financial stability risks. This warning was part of the IMF’s Global Financial Stability Report released on Tuesday, as world financial leaders meet in Washington to discuss the uncertainty caused by the tariff policies. The IMF pointed out that Trump’s tariff rate surged past levels reached during the Great Depression, which saw tariffs rise as high as 60 percent during one of the worst economic periods in modern history, a downturn that led to more than 12 million Americans losing their jobs. Global ripple effect The…

Counsel representing a coalition of parents fighting for the choice to opt their children out of LGBTQ-related curriculum says the case is about letting parents „be the parents.““We’re just saying if the school board is going to make that decision, let us have the chance to leave the classroom,“ Colten Stanberry, counsel at Becket and attorney for the parents bringing the suit, told Fox News Digital. „And so I think for my parent clients, they’re saying let us be the parents. Keep us involved in the school decision-making process. Don’t try to cut us out.“The Supreme Court heard oral arguments…

Key Takeaways: The ETFs will blend exposure to cryptos and U.S.-centric sectors and will be distributed through Crypto.com’s regulated broker-dealer unit. A separate lineup of managed investment accounts is also in development as part of the initiative. Trump Media intends to invest company funds into these offerings, indicating a broader push into the financial services sector. In a press release announced on April 22, Trump Media and Technology Group has finalized an agreement with Crypto.com and Yorkville America Digital to develop a suite of exchange-traded funds.The funds, to be launched under the Truth.Fi brand, will combine exposure to digital assets…

NEWYou can now listen to Fox News articles! The Tennessee Titans are reportedly not going to trade the No. 1 overall pick in the NFL Draft ahead of the first round on Thursday. The Titans had teams interested, but according to NFL Network, they „never opened the door“ to moving out of the top pick. It is widely expected that the Titans will select Miami quarterback Cam Ward with the No. 1 overall pick to begin the draft.  Detailed view of the Tennessee Titans helmet during a game against the Saints at Caesars Superdome in New Orleans on Aug. 25, 2024. (Stephen…

Federal authorities said Harvard’s Kseniia Petrova „knowingly broke the law“ amid their ongoing push to deport the Russian scientist.Petrova, a bioinformatician at the Kirschner Lab at Harvard Medical School, was detained at Boston Logan International Airport on Feb. 16 as she returned from a trip to Paris.Her attorney, Gregory Romanovsky, told Fox News that Petrova was bringing back frog embryos at the request of a professor at a French lab with which the Ivy League university was collaborating. According to Romanovsky, the sample was picked up in Paris and was supposed to be brought to Harvard and that Petrova was unaware…

By Staff The Canadian Press Posted April 22, 2025 2:35 pm Updated April 22, 2025 2:36 pm 1 min read Descrease article font size Increase article font size Quebec’s Health Department has declared an end to the measles outbreak in the province. A spokeswoman said Tuesday the department determined the outbreak was over after no new cases were reported over the weekend.Marie-Christine Patry says an outbreak can be considered over if 32 days pass without a new reported infection. Get weekly health news Receive the latest medical news and health information delivered to you every Sunday. Quebec’s outbreak began in…

A 4.6-magnitude earthquake has shaken residents awake in parts of Sydney.Geoscience Australia seismologists said the quake struck at 2.55am on Wednesday near the NSW Hunter Valley town of Singleton, about 200km north of Sydney.An initial reading of the tremor registered it as a 5.1-magnitude quake. Region: Singleton, NSWMag: 5.1UTC: 2025-04-22 16:55:02Lat: -32.70, Lon: 151.04Dep: 10kmFor more info and updates, or if you felt this earthquake, go to https://t.co/WSRm9RXrZg— EarthquakesGA (@EarthquakesGA) April 22, 2025 Preliminary information indicated the quake occurred at a shallow depth of 10km.More than 2600 people reported feeling the earthquake by 4am, including Sydneysiders, according to Geoscience Australia’s…