How twins struck gold with their £1.5bn fintech firm Marshmallow
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The Guardian
28 minutes ago
- The Guardian
White House insists Trump tariffs to stay despite court ruling
Update: Date: 2025-06-02T09:46:32.000Z Title: White House: Tariffs to stay despite legal setback Content: Hello and welcome to the US politics live blog. I'm Tom Ambrose and I will be bringing you the latest news lines over the next few hours. We start with news that president Trump's top economic advisers have said they would not be deterred by a court ruling that declared many of the administration's tariffs illegal. They cited other legal options the White House could use to pressure China and other countries into trade talks. They also indicated that Trump had no plans to extend a 90-day pause on some of the highest tariffs, making it more likely those duties will take effect in July. 'Rest assured, tariffs are not going away,' Commerce Secretary Howard Lutnick said on Fox News Sunday. Asked about the future of the suspended reciprocal tariffs first announced in April, Lutnick added: 'I don't see today that an extension is coming.' It comes as China accused the US of 'seriously violating' the fragile US-China detente that has been in place for less than a month since the two countries agreed to pause the trade war that risked upending the global economy. China and the US agreed on 12 May to pause for 90 days the skyrocketing 'reciprocal' tariffs that both countries had placed on the others goods in a frenzied trade war that started a few weeks earlier. Tariffs had reached 125% on each side, which officials feared amounted to virtual embargo on trade between the world's two biggest economies. In other news: The US veterans agency has ordered scientists not to publish in journals without clearance. The edict, laid down in emails on Friday by Curt Cashour, the VA's assistant secretary for public and intergovernmental affairs, and John Bartrum, a senior adviser to VA secretary Doug Collins, came hours after the article published in the New England Journal of Medicine. Russell Vought, the director of the office of management and budget (OMB), on Sunday cast doubt on the constitutional obligation of the White House to ask Congress to sign off on Donald Trump's massive cuts to the federal workforce spearheaded by Elon Musk. Vought indicated the White House preferred to rely on 'executive tools' for all but a 'necessary' fraction of the cuts instead of submitting the whole package of jobs and agency slashing that took place via the so-called 'department of government efficiency' (Doge), to the congressional branch for its official approval. The US Department of Homeland Security (DHS) removed a list of 'sanctuary' states, cities and counties from its website following sharp criticism from a sheriffs' association that said a list of 'noncompliant' sheriffs could severely damage the relationship between the Trump administration and law enforcement. The White House budget director Russ Vought on Sunday dismissed as 'totally ridiculous' fears expressed by voters that cuts to benefits in the huge spending bill passed by the House will lead to premature deaths in America. Donald Trump's One Big Beautiful Bill Act, now awaiting debate in the US Senate, will slash two major federal safety net programs, Medicaid, which provides healthcare to poor and disabled Americans, and the Supplemental Nutrition Assistance Program (Snap), which helps people afford groceries, which will affect millions of people if it becomes law.
Times
38 minutes ago
- Times
Looser lending rules may help more first-time buyers
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Daily Mail
42 minutes ago
- Daily Mail
Can Tyrese Haliburton lead the Indiana Pacers to an upset win over the Oklahoma City Thunder? The talented point guard has been BOOSTED to 7/1 to win NBA Finals MVP
With their win over the New York Knicks in Game 6, the Indiana Pacers booked their place in the NBA Finals for the first time since 2000. The Pacers have a very tough task ahead of them in the Finals - with their opponents being the supremely talented Oklahoma City Thunder. The Thunder - who boasted the best regular season record with 68 wins - cruised to a 4-1 series win against the Minnesota Timberwolves in the Western Conference Finals. OKC are tipped to build on that and claim the franchise's first NBA title according to Sky Bet - with Shai Gilgeous-Alexander and Co huge odds-on favourites at 1/6 to be crowned champions. Conversely, the Pacers are 9/2 outsiders to cause their third straight upset in this season's play-offs. In addition to the Series Winner Outright market - there are two Price Boosts on offer for the NBA Finals courtesy of Sky Bet. They include Tyrese Haliburton to win NBA Finals MVP at 7/1, and Oklahoma City Thunder to win 4-2 at 5/1. Haliburton has established himself as a superstar this postseason - of which includes a historic performance that saw him record a stat line of 32 points, 15 assists, 12 rebounds and 0 turnovers in a Game 4 win over the New York Knicks. Sky Bet odds for series winner of Oklahoma City Thunder vs Indiana Pacers: Oklahoma City Thunder 1/6 Indiana Pacers 9/2 Sky Bet Price Boosts for Oklahoma City Thunder vs Indiana Pacers: Tyrese Haliburton to win NBA Finals MVP WAS 6/1 NOW 7/1 Oklahoma City Thunder to win 4-2 WAS 4/1 NOW 5/1
