Erin Burnett's whiteboard: Cost of Trump's trade war on families
Erin Burnett's whiteboard: Cost of Trump's trade war on families
In conversation with LA Port's executive director, Gene Seroka, CNN's Erin Burnett shows on a whiteboard the cost of President Donald Trump's trade war on American families.
01:46 - Source: CNN
See Edan Alexander's reunion with family after release
Edan Alexander, the last known living American hostage in Gaza, was released by Hamas and reunited with his family on Monday, ending an 18-month ordeal that began with the militant group's October 7 attack.
00:40 - Source: CNN
Trump's 'unprecedented' trade deal
Just days ago, a de-escalation between the US and China seemed completely impossible. CNN's Phil Mattingly explains how the two countries got to the negotiating table and what it tells us about President Donald Trump's strategy moving forward.
01:32 - Source: CNN
Pope Leo XIV sings first Regina Caeli prayer
Pope Leo XIV delivered a 'message of peace' in his first Sunday blessing and led the faithful crowd in the Regina Caeli ('Queen of Heaven') prayer for the first time, surprising those gathered by singing part of the prayer.
00:39 - Source: CNN
ICE arrest sparks chaos as crowd tried to intervene
A chaotic scene unfolded in Worcester, Massachusetts, as onlookers attempted to intervene in an ICE raid, leading to the additional arrest of a 16-year-old teenager and another woman who was charged with assault and battery on a police officer.
01:35 - Source: CNN
Analysis: Ceasefire may reveal Putin's goals
CNN's Nick Paton Walsh explains that Ukraine's and European allies' demand for an unconditional 30-day ceasefire will pressure President Trump into seeing what President Putin's real goals are in Russia's war of choice.
01:35 - Source: CNN
Analysis: How the India-Pakistan surprise ceasefire came about
The India-Pakistan conflict was taking a dramatic turn for the worse. Until a surprise ceasefire was announced. CNN's Chief Global Affairs Correspondent Matthew Chance looks at how the truce came about.
01:21 - Source: CNN
Utah is first state to ban decades-old health policy
Utah becomes the first state to ban fluoride in public drinking water. CNN's Meg Tirrell reports on why the state is pivoting away from decades-old health policy despite concerns the ban will lead to a rise in health complications, especially among young children from low-income families.
01:13 - Source: CNN
First cargo ships facing 145% tariffs arrive in LA
Ships now pulling into LA's harbor from China are the first to be subject to massive tariffs. Shipments have dropped by 50%. CNN's Nick Watt is on the ground at the port of Los Angeles.
01:00 - Source: CNN
Pilot of crashed plane describes what it was like being rescued from alligator-infested swamp
Pablo Andrés Velarde, a pilot in Bolivia, emergency landed his plane after an engine failure but it was no paved tarmac that awaited the plane's wheels. Instead, Velarde and passengers found themselves stranded for days in marshland with alligators and snakes. The pilot described to CNN the harrowing rescue that ensued.
01:13 - Source: CNN
Inside Terminal B as hundreds of flight delays hit major hub
Newark International Airport was faced with pandemonium on Monday after hundreds of flights were delayed and more than 150 canceled following a FAA-ordered ground stop due to low cloud cover. CNN's Brynn Gingras was live from Terminal B where many international passengers were stranded for hours.
00:54 - Source: CNN
Diddy Trial day one: Prospective jurors
The jury selection in Sean "Diddy" Combs' racketeering and sex trafficking trial started today. CNN's Kara Scannell explains who the prospective jurors are and who has been dismissed.
00:57 - Source: CNN
Confusion at packed New Jersey Motor Vehicle office as REAL ID deadline hits
CNN's Danny E. Freeman visited Motor Vehicle offices in New Jersey where residents successfully, and unsuccessfully, tried to figure out the correct documents to get a REAL ID. Still others scrambled to figure out if their IDs were compliant with new TSA rules.
01:23 - Source: CNN
Alcatraz's decay poses reopening challenges
President Donald Trump announced he wants to turn Alcatraz Island into a working prison, but can the infrastructure hold up? CNN's Veronica Miracle visited the prison's first cellblock to see how infrastructure decay could significantly hamper reopening the facility.
00:32 - Source: CNN
US stock market's rollercoaster ride since Trump took office
President Donald Trump's first 100 days coincided with the stock market's third-worst start to any presidency in US history, only behind Richard Nixon and Gerald Ford. Yet by the 100-day mark of Trump's presidency, Wall Street has been shaken by historic levels of uncertainty and volatility.
00:51 - Source: CNN
Rare volcanic eruption not seen in nearly 40 years
Hawaii's Kilauea Volcano could be seen hurling lava upwards of 300 feet into the air during a series of 'rapid rebounds,' which scientists say hasn't been seen in nearly 40 years.
00:33 - Source: CNN
Walmart shopper charged with attempted kidnapping
Mahendra Patel walked into a Walmart in Acworth, Georgia looking for Tylenol but was later charged with trying to kidnap a two-year-old boy. Surveillance video obtained by the man's lawyer shows the incident.
01:11 - Source: CNN
CNN anchors make Kentucky Derby predictions
Every jockey, every owner and every trainer wants the chance to win the Kentucky Derby but only one of this year's 19 horses will do it. The bookies' favorite for this year's race is Journalism, trained by Michael McCarthy, at 3-1. No surprise, that name came up a lot when CNN anchors were asked whose got their pick.
00:57 - Source: CNN
SpaceX's Starbase seeks Texas city status
Starbase is an emerging community in Texas where SpaceX has long conducted its launches. On the brink of becoming an official city, CNN's Ed Lavandera examines how this transformation raises questions about Elon Musk's expanding influence and its implications for the local community and economy.
01:09 - Source: CNN
CNN sports anchor explains how to bet on the Kentucky Derby
Dubbed the 'Greatest Two Minutes in Sports' – a nod to its approximate run time – the Derby is the first race in US horse racing's coveted Triple Crown, which also includes the Preakness Stakes and the Belmont Stakes.
01:20 - Source: CNN
Prince Harry: 'I would love reconciliation with my family'
In an explosive interview with the BBC, Prince Harry says his father, King Charles, no longer speaks to him, and that he would 'love reconciliation' with the royal family. He spoke the same day he lost a court case over the UK government's decision to strip him of his police protection. CNN's Max Foster explains.
01:12 - Source: CNN
How rich is the Ivy League?
The Trump Administration has frozen billions of dollars in federal funding to Ivy League schools. These same institutions have endowments bigger than the GDPs of some small countries. So why do these universities need money from the federal government and what's at stake if they lose it?
02:49 - Source: CNN
Worldwide protests on May Day
Thousands of people across the country and around the world are demonstrating in the streets to celebrate May Day for various political reasons. Video shows protests turn violent in Paris.
01:03 - Source: CNN
Will Ford raise prices due to Trump's tariffs?
President Donald Trump signed an executive order and proclamation to ease auto tariffs, but the 25 percent tariff on imported cars remains in place and a new 25% tariff on auto parts will go into effect soon. CNN's Erin Burnett speaks with Ford CEO Jim Farley about how Trump's tariffs could impact vehicle pricing.
00:42 - Source: CNN
High schoolers potentially facing kidnapping charges after hazing incident
At least 11 high school students in Syracuse, New York, have 48 hours to turn themselves in or face felony charges of kidnapping for their alleged involvement in victimizing at least five younger lacrosse players in an incident the district attorney says 'goes way beyond hazing.'
01:25 - Source: CNN
'Where's my camera?': Astronaut shares wondrous views from space
NASA astronaut Don Pettit describes his love for photography and the images he took in his first press conference since returning from his fourth mission to space.
00:48 - Source: CNN
LA port director says it faces steep drop in shipping
Port of Los Angeles Executive Director Gene Seroka shares that the port expects a steep drop in shipping amid President Donald Trump's tariffs.
00:55 - Source: CNN
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Yahoo
21 minutes ago
- Yahoo
European Banks Face Hit to Profits in S&P Trade War Stress Test
(Bloomberg) -- European banks would see their profits eroded if an escalation of trade tensions with the US leads to souring corporate loans, according to S&P Global Ratings. Bezos Wedding Draws Protests, Soul-Searching Over Tourism in Venice US State Budget Wounds Intensify From Trump, DOGE Policy Shifts Taxi Wars Put Johannesburg Commuters in Peril as Rail Flounders Credit Agricole and BPCE of France, Frankfurt-based Commerzbank, Dutch lender Rabobank and Denmark's DLR Kredit stand to be hit hardest, according to calculations by the credit ratings company. S&P said none of the 91 banks it examined were projected to face an annual loss in its stress test. The uncertainty over how the US will implement tariffs on trading partners has investors asking how big the hit will be for Europe. Yet the region's lenders, often seen as a proxy for the broader economy, face the latest shock with comparatively low levels of bad loans and profits that have been bolstered by higher interest rates. Bloomberg reported last month that a biennial regulatory stress test run by the European Central Bank and the European Banking Authority is on track to deliver a lesser hit to banks' capital ratios than the previous one. S&P's test included three hypothetical scenarios for how an escalation of trade tensions could play out. In the most severe, the median hit to banks' profit stood at 29%, the ratings company said in a report to be published on Tuesday. S&P said the five banks stood out because they had a combination of more exposure to sectors for which it applied higher loss rates, larger loan books compared to total assets, lower expected profitability and higher economic risk in the countries where they operate. 'We believe our stress test findings support our assessment that European banks have improved their resilience to credit risks substantially,' S&P analysts including Nicolas Charnay in Paris, wrote. 'They also underpin our expectation that upcoming regulatory stress tests conducted by authorities will likely reach similar conclusions.' The EBA and ECB are scheduled to publish results of their own examination at the beginning of August. Watchdogs draw on the results to determine how much capital banks should hold as a safety cushion, which in turn influences the amount of money they have available for investor payouts. Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros Can 'MAMUWT' Be to Musk What 'TACO' Is to Trump? What Mike Tyson and the Bond Market Can Teach Trump on Debt ©2025 Bloomberg L.P. Sign in to access your portfolio
Newsweek
26 minutes ago
- Newsweek
Republicans Push DHS on Gang Threat: 'Prevent Further Violence'
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. A new bill from House Republicans would force the Department of Homeland Security (DHS) to conduct a threat assessment focused on the Venezuelan gang Tren de Aragua (TdA). The Tren de Aragua Border Security Threat Assessment Act, introduced by Representative Brad Knott of North Carolina, would direct DHS to assess potential threats posed by members of the crime syndicate on the southwest, northern and maritime borders. It would also require the agency to develop a strategic response plan based on the findings of that assessment. "I am proud to lead this legislation to bolster the Trump administration's efforts to identify and combat threats from this transnational criminal organization and prevent further violence," Knott told Newsweek in an exclusive statement. Republican Representative Brad Knott of North Carolina posing for a portrait on the steps of the House of Representatives at the U.S. Capitol in Washington, D.C., on November 15, 2024. Republican Representative Brad Knott of North Carolina posing for a portrait on the steps of the House of Representatives at the U.S. Capitol in Washington, D.C., on November 15, 2024. Angelina Katsanis/POLITICO via AP Images Why It Matters TdA, a transnational criminal organization formed in a Venezuelan prison, focuses on human trafficking and other abuses targeting vulnerable migrants. The gang made headlines during the 2024 election campaign after a viral video showed armed gang members storming an apartment complex in Aurora, Colorado. In February, Trump signed an executive order designating Mexican drug cartels and other Latin American groups, including TdA and MS-13, as terrorist organizations. The president's order said the groups threatened "the safety of the American people, the security of the United States, and the stability of the international order in the Western Hemisphere." What To Know The legislation requires the secretary of homeland security to submit a detailed threat assessment on the criminal organization's activities and risks at U.S. borders within one year of the bill's enactment. This assessment would cover its origins, structure, methods and presence in the U.S. Within 180 days of submitting the assessment, the secretary must provide a strategic plan to counter the threats, focusing on coordination between federal, state, local and tribal law enforcement to detect, disrupt and prevent the group's operations in the United States. The reports would be submitted to key congressional committees overseeing homeland security. Representative Mark Green of Tennessee, the chair of the GOP-led Committee on Homeland Security, has backed the bill. "I commend Rep. Knott for leading legislation that will ensure DHS has the right intelligence and preparation to keep accomplishing this mission and protect our communities," Green told Newsweek. Some Republicans believe that individuals affiliated with TdA have taken advantage of the Biden-Harris administration's border policies and parole programs to enter the United States. They also believe that additional measures are necessary to address the threats associated with the gang. In February, federal authorities arrested a suspected member of the TdA during a raid in Raleigh, North Carolina. On February 8, Immigration and Customs Enforcement (ICE) apprehended 24-year-old Venezuelan national Ricardo Granadillo-Padilla. He was wanted on federal charges related to illegally entering the United States three years earlier, according to a statement the agency released. Customs and Border Protection apprehended 106 TdA members nationwide between March 2023 to May 2025, the agency's data showed. According to a report by Telemundo, an American Spanish-language television network, the gang is believed to have about 5,000 members and makes annual profits of between $10 million and $15 million. TdA is accused of smuggling women and girls for sexual exploitation. The gang has been connected to a series of high-profile crimes in the U.S. José Antonio Ibarra, the man sentenced to prison for the murder of Georgia nursing student Laken Riley, is a documented member. In February, the Trump administration accused hundreds of migrants of being members of TdA and MS-13, citing tattoos as evidence. Individuals were detained and swiftly deported under the Alien Enemies Act to El Salvador's notorious super prison, despite questions about the gang's actual presence and coordination in the U.S. Immigration advocates have criticized the deportations as politically motivated and lacking due process. ICE has acknowledged that many of the migrants deported had no criminal records. What People Are Saying Representative Brad Knott, a Republican from North Carolina, told Newsweek: "As a former federal prosecutor, I worked with law enforcement to fight foreign criminals of every type. This included drug cartels, human traffickers, and gang members who came to our country illegally to enrich themselves through crime. I saw firsthand how the previous administration's efforts to fully open our borders empowered these criminals to wreak havoc on our country. The Biden-Harris administration endangered all Americans by opening the door for members of the gang and designated terrorist group Tren de Aragua to overrun our country—from North Carolina and Tennessee to Colorado. But their reign of terror is coming to an end." Representative Mark Green, a Republican from Tennessee, told Newsweek: "The sadistic gang Tren de Aragua was allowed to take advantage of our country under the Biden-Harris administration's reckless, open-borders policies and mass-parole schemes—committing heinous acts of violence from Denver and Raleigh to Nashville. No American should have to live in fear of a transnational criminal organization in their communities, and I am grateful the Trump administration has empowered our federal law enforcement to dismantle the operations of TdA on U.S. soil." What Happens Next The bill is set to make its way through the legislative process and will likely pass in the Republican-controlled Congress.
26 minutes ago
Trump says damage to Iran's nuclear sites is 'far below ground level'
The United States struck three nuclear sites in Iran on Saturday, President Donald Trump announced. B-2 bombers dropped a number of Massive Ordnance Penetrator bombs -- known as "bunker busters" -- during the U.S. mission over Iran, a U.S. official confirmed. A number of Tomahawk cruise missiles were also fired at targets inside Iran from a U.S. Navy submarine, the official confirmed. Following the strikes, Trump addressed the nation, calling it a "spectacular military success."
