100 days of Trump's economy
100 days of Trump's economy
Uncertainty and fear around President Donald Trump's tariff policies have turned global markets on their head. CNN's Phil Mattingly looks at how American consumers are feeling about Trump's economy as he nears the 100 day mark in office.
02:59 - Source: CNN
Vertical Trump First 100 Days 11 videos
100 days of Trump's economy
Uncertainty and fear around President Donald Trump's tariff policies have turned global markets on their head. CNN's Phil Mattingly looks at how American consumers are feeling about Trump's economy as he nears the 100 day mark in office.
02:59 - Source: CNN
100 days of Trump's immigration policy
On Day one of his presidency President Donald Trump jumped right into his immigration agenda, and ever since then he's been pushing the bounds of presidential powers and taking extraordinary measures to quickly deport migrants in the United States. CNN's Priscilla Alvarez reports.
01:45 - Source: CNN
DOGE's first 100 days
Elon Musk's "move fast and break stuff" mentality has shaken the Washington, DC establishment to its core. As President Donald Trump nears 100 days into his second term, CNN's Phil Mattingly looks at what DOGE has actually accomplished so far.
01:46 - Source: CNN
Vietnamese-Americans react to Trump's first 100 days
CNN's MJ Lee speaks with Vietnamese-Americans voters to get a sense of how they feel President Donald Trump has done in the first 100 days of his second term.
01:33 - Source: CNN
Trump backtracks on two key economic issues. Here's why that matters
President Trump dialed back his rhetoric on China and on firing the Fed Chief. Investors are breathing a sigh of relief, but CNN's Allison Morrow explains why economic growth is still at risk.
01:23 - Source: CNN
Trump suggests walking away from Russia-Ukraine talks
President Trump told reporters he's willing to 'take a pass' on mediating a peace deal between Russia and Ukraine if the two sides can't come to an agreement 'quickly,' echoing Secretary of State Marco Rubio's warning.
00:29 - Source: CNN
Trump threatened to fire Fed Chair Jerome Powell. Is that legal?
President Donald Trump said on his social media platform Truth Social that Federal Reserve Chair Jerome Powell's "termination cannot come fast enough!" Powell, who is a lawyer, says that it is not legal for Trump to fire him without cause. CNN Business' Allison Morrow breaks it down.
01:12 - Source: CNN
How Trump's tariffs are impacting car prices
CNN's Vanessa Yurkevich reports from the New York Auto Show about how cars sold in the US will be impacted by President Donald Trump's tariffs.
00:50 - Source: CNN
Trump says he'd 'love' to deport US criminals
President Donald Trump is doubling down on his desire to deport American criminals to a mega-prison in El Salvador. CNN's Alayna Treene reports.
01:03 - Source: CNN
White House hangs painting of Trump at Butler rally
A painting of an iconic scene of President Donald Trump surviving an assassination attempt in Pennsylvania last summer now hangs in the Grand Foyer of the White House, after an official portrait of former President Barack Obama was moved from the location. CNN's Jeff Zeleny reports.
01:02 - Source: CNN
Historian on Trump's efforts to reshape the federal government
CNN's Anderson Cooper speaks with presidential historian Doris Kearns Goodwin about President Donald Trump's efforts to reshape the federal government and whether anything like this has ever occurred in US history.
01:27 - Source: CNN
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Forbes
9 minutes ago
- Forbes
Could Ukraine Develop A Nuclear Bomb That Halts Russia's Invasion?
After voluntarily giving up its nuclear weapons, Ukraine was invaded by Russia, creator of the most ... More powerful hydrogen bomb ever, shown here. Photo: Ulf Mauder/dpa (Photo by Ulf Mauder/picture alliance via Getty Images) After President Volodymyr Zelensky mused that only by joining NATO—or by acquiring nuclear warheads—could he freeze Russia's lightning war against Ukraine, a global expert on atomic arms conducted a fascinating thought experiment. Could the besieged democracy actually produce a nuclear bomb and the missiles capable of delivering that all-powerful explosive across Ukraine's border, able to reach the launch pads of Russia's blitz? If Ukraine succeeded with its own version of the Manhattan Project, could that advance freeze the Kremlin's campaign to take over the liberal enclave, without Kyiv ever having to detonate a single device? These are the interlinked puzzles that Alexander Bollfrass, an acclaimed scholar on nuclear weaponry at the London-based International Institute for Strategic Studies, set out to solve, first in a groundbreaking think piece, and then in an interview with Forbes. Dr. Bollfrass, head of strategy, technology and arms control at IISS, tells me in an interview that he war-gamed this scenario purely to predict the potential consequences of a hypothetical Ukrainian drive to craft an A-bomb, and whether a stockpiled weapon could become the ultimate guardian of a permanent ceasefire. Yet Bollfrass, who as a postdoctoral fellow at Harvard designed war games for the university's Davis Center for Russian and Eurasian Studies, says he drew on Ukraine's real-life access to plutonium and uranium, and its current missile expertise, to construct these simulated war and peace maneuvers. Ukraine's Chernobyl nuclear power plant, site of the world's worst nuclear accident, was recently ... More targeted by a Russian drone. (Photo by Sergei SUPINSKY / AFP) (Photo by SERGEI SUPINSKY/AFP via Getty Images) Ukraine had a long history of constructing intercontinental ballistic missiles, but no longer possesses any ICBMs. Yet it does still produce an array of cruise missiles, he says, that could be adapted to hold strategic warheads. At the same time, the leadership of Ukraine, with its control of an array of operable nuclear reactors, could siphon off uranium from these sites, but would have to build a network of advanced centrifuges to enrich this to weapons-grade levels. And the Chernobyl reactor, site of the world's worst nuclear meltdown ever, holds enough plutonium to build at least one bomb. But both of these potential pathways toward gaining fissile material for nuclear arms would be immediately detected by monitors posted by the International Atomic Energy Agency. 'Any existing fissile material on Ukrainian territory is under strict IAEA supervision,' Bollfrass tells me. 'The agency's inspectors would immediately detect the diversion of its reactor fuel or plutonium into a nuclear weapons program, quickly alerting the Russians in the process.' The only way to pre-empt detection by these IAEA watchdogs would be for Ukraine to withdraw from the nuclear Non-Proliferation Treaty and expel the atomic inspectors, but those moves would amount to trumpeting Kyiv's clandestine quest to develop a nuclear warhead. And any Ukrainian attempt to secretly operate facilities to produce highly enriched uranium 'would be hard to hide from the world's major intelligence services, the Russians' included,' Bollfrass says. Russian intelligence agents, including those who select bombing targets across Ukraine, would likely use all means possible to locate and destroy these facilities. The Kremlin, he adds, might even opt to launch a first strike, possibly with nuclear-armed missiles. To build a credible deterrent, Ukraine would need to assemble not one device, but a small cache of fission or fusion bombs, increasing the likelihood of detection by Moscow and the incentives for it to obliterate these weapons before they are ever deployed, Bollfrass predicts. When President Zelensky pleaded for Ukraine to be speedily admitted to NATO, during a gathering of the European Council last October, he said he regretted that his predecessors had voluntarily relinquished their stash of nuclear-capped ICBMs a generation ago, in exchange for security pledges that were never truly fulfilled. Russia, which holds the planet's biggest stockpile of nuclear weapons, has issued repeated threats ... More to deploy strategic warheads against Ukraine or its Western partners during its illegal invasion. AFP PHOTO / POOL / HOST PHOTO AGENCY RIA NOVOSTI (Photo credit should read -/AFP via Getty Images) After Ukraine regained its independence upon the break-up of the Soviet Union in 1991, the liberal, pro-West leaders who took power also inherited nearly 2000 nuclear-tipped Soviet missiles - one of the largest stockpiles in the world. As part of an American-brokered agreement called the Budapest Memorandum, Russia, the U.S. and the U.K. all pledged to respect Ukraine's borders and independence: Washington also provided security assurances to safeguard Ukraine's sovereignty in exchange for the country's giving up its strategic ICBMs. But the West's protection of Ukraine's independence and borders has not lived up to the security pledges outlined in the Budapest pact. This failure to beat back Moscow's ongoing blitzkrieg is decimating not only the safety of Ukraine's citizenry, but also the worldwide campaign to freeze nuclear proliferation, Bollfrass says. The great-power democracies that are now aiding Ukraine should quickly bolster its defenses to preserve its position as a bulwark against Russian expansionism and to underscore that 'unprovoked aggression backed by nuclear threats is not rewarded,' he says. 'In the long term, without credible security guarantees of the kind NATO membership provides,' Bollfrass predicts, 'Ukraine may indeed be tempted to reach for nuclear self-help.' Yet he says that Zelensky's NATO-or-nuclear ultimatum last fall was likely a bit of political theater that the actor-turned-president scripted to push forward his ultimate goal: fast-track admission to the North Atlantic Treaty Organization. Ukrainian President Volodymyr Zelensky ultimately seeks not nuclear weapons, but rapid-fire ... More admission into NATO, says a nuclear proliferation scholar (Photo by JOHN THYS / AFP) (Photo by JOHN THYS/AFP via Getty Images) Zelensky, an astute student of history and of NATO's origins, almost certainly knows that West Germany, which bordered the Soviet bloc and its immense nuclear firepower, signaled it might restart the German program to create atomic weapons as long as it was frozen out of NATO. 'Concern about German nuclear weapons potential stretched back to World War II, when Nazi Germany conducted an atomic bomb project,' say scholars at the National Security Archive. The Western allies only admitted West Germany into NATO six years after the defense coalition was founded, these scholars add, conditioned on German 'Chancellor Konrad Adenauer's commitment not to produce nuclear weapons.' President Zelensky himself has offered a similar commitment. During a joint press conference with NATO Secretary General Mark Rutte last October, Zelensky said Ukraine has no intention to develop nuclear weapons, but does seek protection under NATO's nuclear umbrella.
Yahoo
9 minutes ago
- Yahoo
Knusford Berhad Full Year 2025 Earnings: EPS: RM0.11 (vs RM0.092 in FY 2024)
Revenue: RM80.5m (down 46% from FY 2024). Net income: RM10.5m (up 15% from FY 2024). Profit margin: 13% (up from 6.2% in FY 2024). The increase in margin was driven by lower expenses. EPS: RM0.11 (up from RM0.092 in FY 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Knusford Berhad shares are down 3.0% from a week ago. You still need to take note of risks, for example - Knusford Berhad has 2 warning signs (and 1 which is a bit concerning) we think you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Forbes
17 minutes ago
- Forbes
Proposed Section 899 Of Big Beautiful Bill Challenges Global Investors
T WASHINGTON, DC - MAY 22: U.S. Speaker of the House Mike Johnson (R-LA) speaks to the media after the ... More House narrowly passed a bill forwarding President Donald Trump's agenda at the U.S. Capitol on May 22, 2025 in Washington, DC. The tax and spending legislation, in what has been called the "One, Big, Beautiful Bill" Act, redirects money to the military and border security and includes cuts to Medicaid, education and other domestic programs. Johnson was flanked by House Committee Chairmen who helped craft the legislation. (Photo by) he United States has been a major destination for foreign direct investment for years. In 2022, foreign firms invested over $177 billion in the country. In May 2025, the U.S. House of Representatives passed the One Big Beautiful Bill Tax Act (OBB). Beyond the potential impact on foreign direct investment in the U.S. overall, certain provision of the OBB may have a broader impact, especially affecting common asset protection and wealth planning strategies. The increased rate on withholding, investments, corporate holdings, and more, is designed as a retaliatory measure on taxes, especially digital taxes, imposed by other countries which the U.S. describes as discriminatory foreign countries. The broader application of Section 899 would create additional reporting obligations, complicate foreign asset protection trust holdings, and subject investors to penalties and taxes that were previously unexpected. Foreign individuals or entities that own at least 25% of a U.S. corporation or foreign corporations engaged in a trade or business in the U.S. are subject to reporting requirements under Internal Revenue Code (IRC) Section 6038A. The IRS requires filing Form 5472 to disclose transactions between the implicated corporations and its holders accordingly. Failure to file Form 5472 accurately and timely can result in significant and repeated penalties of $25,000 in each instance and more. Corporations may be subject to the filing requirement regardless of its level of activity. Oftentimes, U.S. investments, whether in real estate, private equity, intellectual property, or otherwise, are held in U.S. Corporations and foreign asset protection vehicles are used in conjunction with such entities to further tax-efficiency, privacy, and creditor protection. These layered wealth protection structures may face additional tax burdens if proposed Section 899 becomes final. Foreign asset protection trusts (FAPTs) often hold U.S. entities with U.S. investments. This structure presents additional challenges with compliance and reporting. Unless structured otherwise, the transfer of assets by a U.S. person to a foreign trust is treated as a grantor trust where the U.S. person is taxed on the trust's income. Distributions by the foreign trust, especially to U.S. beneficiaries subjects the beneficiaries to tax also and additional foreign trust reporting requirements, including filing Forms 3520 and 3520-A. Substantial penalties of $10,000 or 35% of the gross value of any property transferred to the foreign trust, and more may apply for noncompliance. Wealth planning incorporating ownership and transfer of business interests to multinational beneficiaries, and investors abroad or considered foreigners even if located in the U.S. may be impacted by the legislation. The underlying investment in U.S. companies or assets where potential beneficiaries or other investors may be foreign and from the list of discriminatory countries would be subject to the additional tax rates that range from 5% to 20%. Restructuring investments and ownerships to mitigate any potential tax exposure in light of proposed Section 899 would be prudent. Additionally, in conjunction with enforcing the increased rates and compliance obligations under proposed Section 899, increased enforcement of penalties for noncompliance on foreign trust reporting and foreign corporate holdings can be expected if Section 899 is passed and impacted taxpayers would be prudent in ensuring that all prior reporting obligations have been met. For foreign investors and global families with U.S. investments and connections, ensuring comprehensive review of their existing investment and asset protection structures along with ensuring full compliance with U.S. tax reporting requirements is critical. Proactively filing any required returns that may have been inadvertently delayed or omitted will start applicable statutes of limitations on audits and provide potential relief from some penalties where a reasonable cause of noncompliance failure exists. Additionally, preparing for potential legislative changes, including the implementation of proposed Section 899 by restructuring investments, ownerships, and transfers, can prevent additional tax exposure before it is too late.
