Texas governor warns Democrats who left state
Texas Governor Greg Abbott (R) threatened to remove Democrats from the state House if they don't return by 3 PM today. Texas House Democrats left the state to try and block an aggressively partisan redrawing of the state's congressional map orchestrated by Republicans with the support of President Donald Trump.
01:16 - Source: CNN
Reporters ask Trump about firing labor stats chief over jobs numbers
President Donald Trump has fired Dr. Erika McEntarfer, the commissioner of the Bureau of Labor Statistics, whom he accused, without evidence, of manipulating the monthly jobs reports for 'political purposes.'
00:35 - Source: CNN
Will President Trump release the Epstein files?
CNN's Paula Reid explains the latest information on whether President Trump will release the Epstein files after the Trump administration backtracked on its promise to release additional materials in the investigation.
01:30 - Source: CNN
GOP candidate deflects direct questions on past Trump comments
CNN's Manu Raju presses Lt. Gov. Winsome Earle-Sears, the GOP nominee for Virginia governor, on critical comments she's made in the past about President Donald Trump, who has yet to endorse her campaign.
02:55 - Source: CNN
Corp. for Public Broadcasting to shutter after Trump funding cuts
The Corporation for Public Broadcasting announced that it will wind down its operations due to the successful Republican effort to defund local PBS and NPR stations across the country. CNN's Brian Stelter reports.
01:45 - Source: CNN
Smithsonian removes reference to Trump impeachment
The Smithsonian's National Museum of American History last month removed a board that referenced President Donald Trump's two impeachments from an exhibit on the American presidency.
01:15 - Source: CNN
The politics behind Trump's historic tariffs
President Trump has announced historic US tariffs on countries across the globe. CNN's Kevin Liptak breaks down Trump's motives for imposing the new trade deals.
01:30 - Source: CNN
Three things to know about Trump's new tariffs
President Trump has announced a slew of new tariffs on America's trading partners. But what does that really mean for US consumers, and America's relationships with its allies? And will these new measures be implemented at all? CNN's Anna Cooban explains.
01:34 - Source: CNN
GOP lawmaker faces raucous crowd in Wisconsin
Republican Rep. Bryan Steil faced tough questions and booing by attendees of a town-hall style event in Wisconsion. Audience members confronted Steil on topics including the economy, immigration policy, and the war in Gaza.
02:08 - Source: CNN
Biden warns country is facing 'dark days' under Trump
During the National Bar Association's annual gala in Chicago, former President Joe Biden warned that the country is facing 'dark days' under President Donald Trump's watch, saying the executive branch 'seems to be doing its best to dismantle the Constitution.'
01:12 - Source: CNN
Harris gives Colbert her first interview since losing election
Former Vice President Kamala Harris reflected on her decision not to pursue a gubernatorial run in California, citing systemic dysfunction, while speaking in an interview on "The Late Show with Stephen Colbert."
00:44 - Source: CNN
Virginia Giuffre family's message to Trump about Ghislaine Maxwell pardon
CNN's Kaitlan Collins speaks with the family of late Virginia Giuffre, one of Jeffrey Epstein's sex-trafficking accusers, about their response to President Trump potentially pardoning Ghislaine Maxwell.
00:50 - Source: CNN
Kerrville mayor admits to missing emergency briefing call
CNN's Shimon Prokupecz speaks with Kerrville Mayor Joe Herring Jr. about not seeing emails regarding an emergency preparation call before the deadly July 4 floods.
01:47 - Source: CNN
$200 million 'Trump-style' ballroom coming to the White House
Construction for a new ballroom on the White House campus will begin in September on a $200 million, 90,000-square-foot ballroom, fulfilling a 15-year ambition by President Trump to construct an event space on the White House grounds that expands the building's entertaining capacity.
01:16 - Source: CNN
Trump's tariff deadline looms over world economy
President Trump's self-imposed midnight deadline is rapidly approaching for countries to strike a trade framework with the United States or face significantly higher tariffs. In a new development today, President Donald Trump announced a 90-day pause on higher tariffs on Mexico.
01:26 - Source: CNN
Trump's tariffs might make coffee in the US more expensive
CNN's Isa Soares examines Trump's proposed tariffs on Brazil, and how it may impact coffee prices once they go into effect.
01:34 - Source: CNN
US diminished a key weapons stockpile fighting Iran
The US used about a quarter of its supply of high-end missile interceptors during the Israel-Iran war, exposing a gap in supplies, and raising concerns about US global security posture. CNN's Tamara Qiblawi reports.
01:35 - Source: CNN
Education Dept. resumes collecting student loans in default
The Department of Education will start sending federal student loans in default to collections again, ending a pandemic-era pause that began roughly five years ago. CNN's Sunlen Serfaty explains what you need to know.
01:42 - Source: CNN
Democrats cite arcane law in letter demanding Epstein files
CNN congressional correspondent Lauren Fox explains how a law from the 1920s could help Senate Democrats on the Homeland Security Committee access to the Epstein files.
01:31 - Source: CNN
Tapper presses Pelosi on Trump's insider trading allegations
CNN's Jake Tapper spoke to former House Speaker Rep. Nancy Pelosi (D-CA), who reacted to President Donald Trump accusing Pelosi and her husband of insider trading, calling the allegation "ridiculous."
01:08 - Source: CNN
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Brazil chooses local relief over retaliation for US tariffs, sources say
By Marcela Ayres, Bernardo Caram and Lisandra Paraguassu BRASILIA (Reuters) -Brazil's government has set aside for now plans for direct retaliation against steep U.S. tariffs taking effect this week, focusing instead on a relief package for industries hit hardest by the levies, sources familiar with the strategy said. Wide-ranging exemptions granted in U.S. President Donald Trump's executive order last week spared some of the most vulnerable sectors of Latin America's largest economy, to the relief of many investors and business leaders. That has left Brasilia cautious about responding to Trump with reciprocal tariffs or other retaliation that could escalate tensions, said government officials, who requested anonymity to discuss confidential deliberations. Talks with Washington are likely to be slow and complex, said one of the sources, so Brazil's government is prioritizing immediate relief for exporters, such as through public credit lines and other support for export finance. Another official said the government is studying potential responses to the tariffs that would affect U.S. companies, but sees them as a last resort if negotiations fail. Those potential countermeasures, now under review, could include suspension of royalty payments for pharmaceutical patents and media copyrights, two sources said. The government had also signaled last year that it was preparing a new tax that could affect big U.S. tech companies, but shelved the plan this year to avoid antagonizing Trump ahead of his April tariff announcement. At the time, Brazil was saddled with a 10% tariff, among the lowest in the world, which many credited to a longstanding U.S. trade surplus with Brazil. Trump then tied a steeper 50% tariff in July to what he called a political "witch hunt" against former President Jair Bolsonaro, a right-wing ally on trial for an alleged coup plot to overturn his 2022 election loss. Brazilian President Luiz Inacio Lula da Silva initially said he would respond under the country's Economic Reciprocity Law, passed by Congress to provide legal grounds for countermeasures against trade sanctions, fueling speculation about retaliation. Talk of reciprocal action has since faded, even as Lula criticizes Trump's rationale for the tariff hike, defending the independence of Brazil's judiciary and insisting any negotiations should remain strictly focused on trade. U.S. tariff exemptions granted last week for Brazil's aviation, energy and mining industries were taken in Brasilia as evidence that patient diplomacy and lobbying by affected U.S. companies seeking relief was the best way to get results in Washington. Brazil also said it plans to file a formal complaint at the World Trade Organization over the tariffs, even though that dispute settlement system has been stalled since the first Trump administration. "You still need to go through the available channels," one Brazilian official said, while acknowledging that a resolution is unlikely under the current state of the WTO. More immediately, the government is fine-tuning measures to shield sectors most hurt by the U.S. tariffs set to take effect on Wednesday, extending financial relief to companies already facing canceled contracts. Officials have said the package will likely include credit lines and possible tweaks to the export credit insurance and export financing mechanisms, according to one of the sources. Finance Minister Fernando Haddad, who said relief measures could begin rolling out this week, on Friday said the government was never committed to retaliating against Washington. "We never used that verb to characterize the actions the Brazilian government will take," he said. "These are actions to protect sovereignty, to protect our industry, our agribusiness, our agriculture," he told reporters. "That word (retaliation) was not present in the president's speech, nor in any minister's." 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
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12 minutes ago
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Trump Slaps Tariffs, Modi Fires Back -- Is India Breaking Away from the US?
Indian Prime Minister Narendra Modi isn't backing down. Days after President Donald Trump slapped a surprise 25% tariff on Indian exports and warned of more action over India's oil ties with Russia, Modi doubled down on his buy local message. He urged citizens to prioritize Indian-made goods, while sources familiar with the matter told Bloomberg that New Delhi hasn't ordered refiners to stop buying Russian crude. Instead, refinersboth public and privateare still choosing suppliers based on commercial logic. The backdrop: Trump is ramping up pressure on India for its energy and diplomatic relationship with Moscow, just as global markets remain uneasy over war financing and shifting trade alliances. Warning! GuruFocus has detected 9 Warning Signs with GS. The rhetoric is heating up fast. Trump's team has accused India of cheating the US on trade and immigration, and signaled that all options are on the table to respond to its Russian oil purchases. But while the public messaging may sound tough, India isn't giving up much. Officials said US trade talks are still on, but they won't open up politically sensitive sectors like agriculture and dairy. And recent dealslike the one India just signed with the UKsuggest that Modi's government is moving at its own pace, carefully protecting domestic interests even while staying at the negotiating table. The pushback highlights how India, now the world's fastest-growing large economy, is becoming less willing to compromise under outside pressure. Despite the rising tension, markets aren't panicking. Indian equities climbed on Monday, while the rupee and government bonds also strengthened. The boost came after oil prices dropped sharplythanks to OPEC+ signaling it could raise output in Septemberwhich is a major win for India, a net fuel importer. While Indian refiners are preparing fallback plans in case Russian crude becomes unavailable, there's no sign of a near-term disruption. India is signaling it may not easily yield to pressure, even from a key partner. For global investors watching this unfoldincluding those with exposure to geopolitical-sensitive names like Tesla (NASDAQ:TSLA)India's balancing act between Washington and Moscow could become a defining theme for emerging market strategy in the months ahead. This article first appeared on GuruFocus.
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Redistricting battles in Texas and elsewhere: Will courts play a role?: ANALYSIS
As Democrats search for ways to delay, if not defeat, Republican efforts to redraw election maps for political gain ahead of the 2026 midterm elections, they say, they may not find much help from federal courts. A landmark 2019 decision by the U.S. Supreme Court -- Rucho v. Common Cause -- removed federal judges almost entirely from the business of mediating disputes over partisan gerrymandering. "Excessive partisanship in districting leads to results that reasonably seem unjust. But the fact that such gerrymandering is incompatible with democratic principles does not mean that the solution lies with the federal judiciary," wrote Chief Justice John Roberts. The ruling effectively shut the courthouse door on legal challenges to creatively-drawn electoral maps that dilute the influence of certain voters based on party affiliation. MORE: How redistricting in Texas and other states could change the game for US House elections "Federal judges have no license to reallocate political power between the two major political parties, with no plausible grant of authority in the Constitution, and no legal standards to limit and direct their decisions," Roberts concluded in the opinion. Race, however, is a different matter -- and one that the Supreme Court has recognized a limited role for judges in examining under the Voting Rights Act of 1965. Section 2 of the Act prohibits the denial or abridgment of the right to vote on account of race, which has historically been interpreted to include the drawing of congressional districts that "crack" or "pack" communities of color in order to limit their influence. As recently as 2023, the high court said lower courts could intervene in "instances of intensive racial politics where the excessive role [of race] in the electoral process ... den[ies] minority voters equal opportunity to participate." MORE: Abbott threatens to oust Democrats who fled Texas over redistricting Some Democrats have begun alleging that the Texas GOP effort (and those in other states) is racially motivated. "They're coming in and cracking up parts of Austin voters and then merging my district with [Democratic] Congressman [Lloyd] Doggett's district, all with the intended effect of making it so that voters of color have less of a say in their elections, and so that Donald Trump gets his preferred member of Congress," Texas Democratic Rep. Greg Casar told ABC's Selina Wang on Sunday. Former Obama attorney general turned voting rights advocate Eric Holder told ABC News "This Week" co-anchor George Stephanopoulos on Sunday he is contemplating the possibility of new litigation under the Voting Rights Act. "This really exacerbates that which they've already done and strengthens the case that we have brought," Holder said of Texas' Republicans' redistricting efforts. A race-based challenge to any new Texas congressional map would get through the courthouse door, but it could ultimately face a skeptical Supreme Court, which has increasingly looked to eliminate any racial considerations under the Constitution. The justices are already considering a case from Louisiana involving the competing interests of the Equal Protection Clause and Voting Rights Act when it comes to race. Plaintiffs allege race was impermissibly used to create a discriminatory districts under Section 2; opponents argue that requiring a creation of new map that explicitly accounts for race is itself a violation of colorblind equal protection. When the court hears arguments this fall, there are signs several of the justices could seek to have Section 2 strictly limited or struck down entirely. "For over three decades, I have called for a systematic reassessment of our interpretation of §2," wrote Justice Clarence Thomas in June. "I am hopeful that this Court will soon realize that the conflict its §2 jurisprudence has sown with the Constitution is too severe to ignore." Ultimately, despite widespread public complaints about gerrymandering and the challenges it creates, the most likely and lasting solution may lie in legislatures and Congress. "The avenue for reform established by the Framers, and used by Congress in the past, remains open," Chief Justice Roberts wrote in Rucho. Proposals for fair districting criteria and independent commissions have circulated in statehouses and Congress for years. On Monday, one Republican lawmaker — Rep. Kevin Kiley of California — introduced a bill to ban mid-decade redrawing of congressional maps nationwide. Such a proposal could halt the state redistricting "arms race" now underway if it was adopted, though that looks highly unlikely.
