Trump says Nippon will "invest heavily" in U.S. Steel and drop ownership bid
President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and instead "invest heavily" in the company.
Treasury says Elon Musk's DOGE has "read only" access to payment systems
Democratic lawmakers have expressed concern that access to the system could allow DOGE, which disburses nearly 90% of all federal payments, to restrict disbursement of federal funds.
Trump administration rescinds federal funding freeze memo after chaos
The White House memo issued late Monday led to chaos and confusion as to what programs would be impacted by the freeze.
Judge blocks Trump federal funding freeze on all public loans, grants and more
The spending freeze on federal assistance could affect everything from aid to nonprofits, universities, small business loans and state and local government grants.
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden announced Friday he would reject Nippon Steel's proposed acquisition of U.S. Steel.
U.S. begins to retaliate against China over hack of telecom networks
The Commerce Department's action is a direct response to China's infiltration of telecom networks earlier this year.
Government funding deal includes ban on U.S. aid to UNRWA, sources say
The funding deal reached between Congress and the White House will include a ban on direct U.S. funding for the U.N. Relief and Works Agency for Palestine Refugees until March 2025, sources say.
Ukrainian children recount horrors of being kidnapped by Russian soldiers
"I go around the world to tell about my mom. So maybe someone in the U.S. can hear me and help find her," said 13-year-old Sasha Radchuck.
Top Biden aide acknowledges missteps on Gaza
In a closed-door meeting, a top Biden aide told Arab Americans in Michigan that "I do not have any confidence" in the current Israeli government taking steps toward a Palestinian state.
Biden and senators on verge of immigration deal to tighten border policies
After weeks of closed-door negotiations, the White House and a trio of senators could unveil an agreement as early as this week, sources said.
10 American detainees released in exchange for Maduro ally in deal with Venezuela
Ten Americans and a fugitive wanted by the U.S. have been released from Venezuelan custody in exchange for the release of a close ally of Venezuelan President Nicolás Maduro.
Regulators identify AI as potential risk to financial stability
The Financial Stability Oversight Council's annual report, which was released Thursday, identified 14 potential vulnerabilities to the financial services sector.
Two Americans detained in Venezuela ask Biden to secure release
Three Americans held in Venezuela — Eyvin Hernandez, Jerrel Kenemore and Joseph Cristella — have been designated as wrongfully detained by the State Department.
4-year-old American Abigail Mor Edan among third group of hostages released by Hamas
Seventeen hostages were released — 14 Israeli citizens, which includes Abigail, who is a joint Israeli-American citizen, and three foreign nationals, Israeli officials said.
U.S. business leaders meet with Chinese President Xi Jinping
Hundreds of executives from varying sectors including banking and technology are expected to attend, and Xi is also expected to speak at the dinner.