Pence Says Fed's Dual Mandate 'Confuses the Issue'
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Piers Morgan Says Late-Night Hosts Are 'Hyper-Partisan Activist Hacks For The Democrats' & It's 'No Wonder' Stephen Colbert 'Got Canned'
While Stephen Colbert has received plenty of support from fellow television mainstays and late-night hosts following the unceremonious cancellation of The Late Show, Piers Morgan isn't among them. Earlier today, the British media personality took to X to slam Colbert and other longtime late-night hosts, alleging these figures were nothing more than puppets for the Democratic Party. More from Deadline Donald Trump Repeats False Claim Beyoncé Was Paid $11 Million To Endorse Kamala Harris; Calls To Prosecute Singer, Oprah & Al Sharpton Jay Leno Questions Why Late-Night Hosts "Alienate" Half Their Audience: "Get To The Joke" Stephen Colbert Praises 'South Park's Naked AI Trump PSA: "An Important Message Of Hope" 'This is so damning,' Morgan wrote alongside a cover of New York Post that outlined the political leanings of Colbert's guests, which skewed toward the left. 'Most of America's biggest late-night hosts have become nothing more than hyper-partisan activist hacks for the Democrats — a party that's rarely been more unpopular. No wonder Colbert got canned. More will follow.' Morgan, who has alternately supported and critiqued president Donald Trump and does not consider himself right-wing, continued his commentary in several other tweets, beginning with an endorsement of Jay Leno's recent comments questioning why late-night hosts would 'alienate' half their audience by 'cozying too much to one side or the other.' The host of YouTube's Piers Morgan Uncensored continued in another tweet, this time aimed at fellow U.K.-hailing peer John Oliver: 'UPDATE: Just watched a drooling @60Minutes segment tonight about John Oliver who was proud of telling his viewers not to vote for Trump at last election. He told them to vote for Kamala Harris instead. That's not comedy, it's partisan political activism.' And, when responding to a tweet by political commentator and MSNBC contributor Brian Tyler Cohen, Morgan stated, 'Trump didn't cancel Colbert… he cancelled himself with poor ratings, huge costs, and boring viewers with anti-Trump bias.' Just a couple days after Stephen Colbert ripped into parent company Paramount's $16 million settlement with president Donald Trump on the air — a move he likened to a 'big fat bribe' aimed to grease the Federal Trade Commission's approval of a year-long pending merger between Paramount Global and David Ellison's Skydance Media — he revealed to audiences that CBS would be axing The Late Show, the franchise first begun by host David Letterman in 1993. Executives defended the cancellation, calling it 'purely a financial decision against a challenging backdrop in late night' that 'is not related in any way to the show's performance, content or other matters happening at Paramount.' Since Colbert made the shocking revelation public July 17, Trump has vocally celebrated the show's retiring, as a majority of the show's writers represented by the Writers Guild of America have called on New York State Attorney General Letitia James to launch an investigation into 'potential wrongdoing' at Paramount. This comes as a number of Senate Democrats, like Adam Schiff and Elizabeth Warren, made statements defending constituents' right to know if the series was canceled due to political reasons. In additional fallout, protesters gathered outside the Ed Sullivan Theater in New York City where Colbert tapes to push back against the decision. As for Colbert himself, he has made it clear that he will not go gentle into that good night, telling Trump to 'go f— himself.' He added in the July 21 episode of his show, 'But [CBS] made one mistake. They left me alive. Now for the next 10 months, the gloves are off. I can finally speak unvarnished truth to power and say what I really think about Donald Trump. I don't care for him. Doesn't have the skillset to be president.' Best of Deadline 2025 TV Cancellations: Photo Gallery 2025 TV Series Renewals: Photo Gallery Everything We Know About Season 3 Of 'Euphoria' So Far
Yahoo
2 minutes ago
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State of play in Trump's tariffs, threats and delays
Dozens of economies including India, Canada and Mexico face threats of higher tariffs Friday if they fail to strike deals with Washington. Here is a summary of duties President Donald Trump has introduced in his second term as he pressures allies and competitors alike to reshape US trade relationships. - Global tariffs - US "reciprocal" tariffs -- imposed under legally contentious emergency powers -- are due to jump from 10 percent to various steeper levels for a list of dozens of economies come August 1, including South Korea, India and Taiwan. The hikes were to take effect July 9 but Trump postponed them days before imposition, marking a second delay since their shock unveiling in April. A 10 percent "baseline" levy on most partners, which Trump imposed in April, remains in place. He has also issued letters dictating tariff rates above 10 percent for individual countries, including Brazil, which has a trade deficit with the United States and was not on the initial list of higher "reciprocal" rates. Several economies -- the European Union, Britain, Vietnam, Japan, Indonesia and the Philippines -- have struck initial tariff deals with Washington, while China managed to temporarily lower tit-for-tat duties. Certain products like pharmaceuticals, semiconductors and lumber are excluded from Trump's "reciprocal" tariffs, but may face separate action under different authorities. This has been the case for steel, aluminum, and soon copper. Gold and silver, alongside energy commodities, are also exempted. Excluded too are Mexico and Canada, hit with a different set of tariffs, and countries like Russia and North Korea as they already face sanctions. - Canada, Mexico - Canadian and Mexican products were hit by 25 percent US tariffs shortly after Trump returned to office, with a lower rate for Canadian energy. Trump targeted both neighbors over illegal immigration and fentanyl trafficking, also invoking emergency powers. But trade negotiations have been bumpy. This month, Trump said Canadian goods will face a higher 35 percent duty from August 1, and Mexican goods will see a 30 percent level. Products entering the United States under the USMCA North American free trade pact, covering large swaths of goods, are expected to remain exempt -- with Canadian energy resources and potash, used as fertilizer, to still face lower rates. - China focus - Trump has also taken special aim at China. The world's two biggest economies engaged in an escalating tariffs war this year before their temporary pullback. The countries imposed triple-digit duties on each other at one point, a level described as a trade embargo. After high level talks, Washington lowered its levies on Chinese goods to 30 percent and Beijing slashed its own to 10 percent. This pause is set to expire August 12, and officials will meet for further talks on Monday and Tuesday in the Swedish capital Stockholm. The US level is higher as it includes a 20 percent tariff over China's alleged role in the global fentanyl trade. Beyond expansive tariffs on Chinese products, Trump ordered the closure of a duty-free exemption for low-value parcels from the country. This adds to the cost of importing items like clothing and small electronics. - Autos, metals - Trump has targeted individual business sectors too, under more conventional national security grounds, imposing a 25 percent levy on steel and aluminum imports which he later doubled to 50 percent. The president has unveiled plans for a 50 percent tariff on copper imports starting August 1 as well and rolled out a 25 percent tariff on imported autos, although those entering under the USMCA can qualify for a lower rate. Trump's auto tariffs impact vehicle parts too, but new rules ensure automakers paying vehicle tariffs will not also be charged for certain other duties. He has ongoing investigations into imports of lumber, semiconductors, pharmaceuticals and critical minerals that could trigger further duties. - Legal challenges - Several legal challenges have been filed against the tariffs Trump invoked citing emergencies. The US Court of International Trade ruled in May that the president had overstepped his authority, but a federal appeals court has allowed the duties to remain while it considers the case. If these tariffs are ultimately ruled illegal, companies could possibly seek reimbursements. bys/des/mlm 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
Yahoo
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Birch Hill and Brookfield to acquire First National Financial for $2.9 billion
(Reuters) -First National Financial said on Sunday that it has reached an agreement to be acquired by Birch Hill Equity partners and asset manager Brookfield Asset Management in a deal valuing the company's equity at $2.9 billion. Sign in to access your portfolio
