
Family farm under threat of town seizing land
A New Jersey town told Andy Henry it can seize his land for affordable housing — whether he wants to sell or not. The fight has attracted national attention, including from the Trump administration. CNN's Meena Duerson reports.
02:42 - Source: CNN
Vertical Top News 17 videos
Family farm under threat of town seizing land
A New Jersey town told Andy Henry it can seize his land for affordable housing — whether he wants to sell or not. The fight has attracted national attention, including from the Trump administration. CNN's Meena Duerson reports.
02:42 - Source: CNN
Why are Thailand and Cambodia fighting?
Tensions are rising between Thailand and Cambodia over a border dispute that dates back to 1907. CNN's Will Ripley explains how the conflict has escalated.
01:32 - Source: CNN
CNN reports from Gaza aid crossing
CNN's Nic Robertson is on the scene at the Kerem Shalom border crossing as aid agencies warn of rampant hunger caused by Israel's blockade of Gaza. Gaza's health ministry said on Tuesday that 900,000 children are going hungry, and 70,000 already show signs of malnutrition. Israel denies it is at fault and accuses Hamas of 'engineering' food shortages.
01:39 - Source: CNN
Almost 50 missing as plane crashes in Russia
Dozens of civilians are feared dead, including children, after a Soviet era passenger jet crashed in Russia's far east Amur Region. Burning wreckage was discovered by rescuers just 10 miles (16 kilometers) from the Tynda airport, the plane's destination.
00:30 - Source: CNN
Erin Burnett on the significance of Trump knowing he's in the Epstein files
CNN's Erin Burnett explains how reports that President Trump was briefed that he is named in the Epstein files shine a light on his recent denials of that exact claim.
02:13 - Source: CNN
Judge declines to release Epstein grand jury documents
A Florida federal judge declined to release additional grand jury documents from the criminal investigation into Jeffrey Epstein, marking the first roadblock in the Justice Department's efforts to quell the public backlash over the handling of the case. CNN's Evan Perez reports.
02:43 - Source: CNN
Bryan Kohberger sentenced to life in prison
Bryan Kohberger has been sentenced to life in prison without parole for the murders of four University of Idaho students.
01:29 - Source: CNN
Fans pay tribute to Ozzy Osbourne
Fans have gathered in Ozzy Osbourne's hometown to pay tribute to the former Black Sabbath singer, who died yesterday at the age of 76. One of them told CNN's Salma Abdelaziz that Osbourne will 'live on forever in his music.'
01:07 - Source: CNN
Hot Chinese brands are coming to America
Chinese brands like Luckin Coffee, Pop Mart, and HEYTEA are expanding in the United States, despite the ongoing trade war. CNN's Vanessa Yurkevich and Marc Stewart report from two different continents on why the companies covet American customers.
02:10 - Source: CNN
Metal legend Ozzy Osbourne dies at 76-years-old
Ozzy Osbourne, the hellraising frontman of Black Sabbath and reality TV star, has died aged 76. CNN's Stephanie Elam looks back at the legendary career as the Godfather of Heavy Metal.
03:05 - Source: CNN
Newly uncovered photos show Jeffrey Epstein attended Trump's wedding in 1993
Photos from Trump's 1993 wedding and video footage from 1999 Victoria's Secret fashion show shed light on Trump-Epstein relationship. CNN's Andrew Kaczynski has the story.
01:31 - Source: CNN
Missing child case from 46 years ago reopened
A federal appeals court overturned the verdict of Pedro Hernandez, the bodega worker who was found guilty in 2017 of kidnapping and murdering Etan Patz in 1979. Patz was 6 years old when he disappeared on the first day he was allowed to walk alone to his school bus stop in New York City.
01:50 - Source: CNN
US citizen among Druze executed in Syria
Hosam Saraya, a 35-year-old Syrian-American from Oklahoma, was among eight men, all family members, rounded up and killed in an execution-style attack amid an outbreak of sectarian violence in Syria this month. The violence flared between Syrian Druze groups and Bedouin tribes in the Druze-majority Suwayda province. Video geolocated by CNN shows a group of men, Saraya included, being marched to their death.
02:04 - Source: CNN
Epstein's brother vividly details relationship between Trump and Epstein
Jeffrey Epstein's brother, Mark, tells CNN's Erin Burnett about his brother's 'very close' friendship with Donald Trump in the 1990s.
02:01 - Source: CNN
Stephen Colbert addresses 'The Late Show' cancellation
'Cancel culture has gone too far,' Stephen Colbert told the audience as he began his first post-cancellation episode of 'The Late Show.' The host went on to fire back at Trump's Truth Social post celebrating the announcement by CBS. The episode also featured cameos by late night talk show hosts including Jimmy Fallon, Jon Stewart, John Oliver and Seth Meyers.
01:24 - Source: CNN
Fire tornado rips through Turkish forest
Turkey's forestry ministry has released video of a fire tornado tearing through the country's woodland. Hundreds of wildfires have gripped Turkey this summer, as well as Greece and other Mediterranean countries.
00:33 - Source: CNN
Breonna Taylor's mother speaks out on officer's sentencing
CNN's Laura Coates speaks with Tamika Palmer, Breonna Taylor's mother, about the sentencing of former Louisville police officer Brett Hankison. He was given three years in prison for using excessive force during the deadly 2020 Breonna Taylor raid.
01:45 - Source: CNN

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Wave Of Fear As Hawaii Has Overnight Tsunami Scare, Plus What Really Happened To Jimmy Hoffa? (ft. Eric Shawn & Sean 'Sticks' Larkin)
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USA Today
6 minutes ago
- USA Today
Trump to add 25% tariff to Indian imports. Which everyday goods could be impacted?
President Donald Trump announced the United States will impose a 25% tariff on Indian goods starting Aug. 1, after months of negotiations over a limited trade agreement between the two nations appeared to fall through. Trump announced the new tariff in a post on his social media app Truth Social on July 30, two days before a bevy of increased reciprocal tariffs will go into effect for dozens of nations on Aug. 1. These new import levies come amid an existing baseline tariff of 10%, and Trump warned this week that most trading partners that do not negotiate separate trade deals could soon face new baseline tariffs of 15% to 20%. India, the world's fifth-largest economy, relies significantly on the U.S., counting it as its top trading partner in 2024, though China is close on its heels by a small margin. Learn more: President Trump announces 25% tariff on imports from India Indian goods exports to the U.S. totaled $87 billion in 2024, with pharmaceuticals and jewelry among its top product types, followed by petrochemicals and textiles. Separately, services exports, mainly IT and professional services, were worth $33 billion last year. The U.S. is India's third-largest investor, and currently has a $45.7 billion trade deficit with the South Asian nation. Here are some of the products the U.S. relies on most from India, according to data from the U.S. International Trade Commission: Pharmaceuticals The U.S. accounts for nearly a third of India's pharmaceutical exports, mainly cheaper versions of popular drugs, Reuters reports, with sales jumping 16% to about $9 billion last fiscal year. Among the dozens of types of medications the U.S. imports from India, a few classifications make up a significant share. They are items like wadding, gauze and bandages; antineoplastic and immunosuppressive medications, including those used to treat cancers; and analgesics, antipyretics and nonhormonal anti-inflammatory agents, such as pain relievers and medications used to reduce fevers. Smartphones Though China and Vietnam were responsible for more than half of phones sent to the U.S. last year, India also produces a significant share, and looks to be gaining a firmer foothold in the market. According to a new report, India has overtaken China in the last few months as the top exporter of smartphones to the U.S., following Apple's pivot to center manufacturing in New Delhi amid tariff concerns. The share of U.S. smartphone shipments assembled in China fell from 61% to 25% over the past year, the research firm Canalys said, with India picking up most of the decline and increasing its smartphone volume by 240% roughly within the same time frame. More: Trump's trade talks intensify with tariff deadline fast approaching Jewelry and precious stones Next to pharmaceuticals, jewelry and precious stones are among India's top products exported to American consumers. More than 30% of India's gems and jewelry exports go to the U.S., accounting for about $10 billion in annual trade in an industry that topped $30 billion in India in the 2023/2024 fiscal year. These goods include unmounted or unset diamonds, precious metal jewelry and jewelry clad with precious metal − such as pieces plated with gold or silver. Home linens India is among the top countries responsible for imported home linens in the U.S., representing 36% of nearly $6 billion in imports, according to a New York Times analysis of government data. These products include bathroom and kitchen linen made of terrycloth or cotton, along with bed and table linens. India is also a leader in some types of imported clothing, such as activewear, shirts, baby clothes and suits. According to the Yale Budget Lab, the tariff hikes so far have disproportionately affected clothing and textiles, with consumers facing up to 39% higher shoe prices and 37% higher apparel prices in the short run. Other products The U.S. also relies on Indian imports of frozen shrimp and prawns, petroleum oils such as transformer oil and motor fuel, semiconductor technologies like solar panels and certain types of electrical machinery and parts. Contributing: Reuters. Kathryn Palmer is a national trending news reporter for USA TODAY. You can reach her at kapalmer@ and on X @KathrynPlmr.


Chicago Tribune
6 minutes ago
- Chicago Tribune
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
WASHINGTON — The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut. The Fed's decision Wednesday leaves its key short-term rate at about 4.3%, where it has stood after the central bank made three cuts last year. During a news conference, Chair Jerome Powell said that Trump's sweeping tariffs are starting to push up inflation and it will take time for the Fed to determine whether the uptick in prices will be a one-time effect or something more persistent. 'That is a risk to be assessed and managed,' he told reporters. There were some signs of splits in the Fed's ranks: Governors Christopher Waller and Michelle Bowman voted to reduce borrowing costs, while nine officials, including Powell, favored standing pat. It is the first time in more than three decades that two of the seven Washington-based governors have dissented. One official, Governor Adriana Kugler, was absent and didn't vote. The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House, as Trump has repeatedly demanded that the central bank reduce borrowing costs as part of his effort to assert control over one of the few remaining independent federal agencies. Powell said that while tariffs are starting to push up the cost of goods — and he expects more of that to happen in the coming months — the price of services — rents, insurance, and hotel rooms — has continued to cool. He suggested it could take some time to determine whether the impact of the tariffs will be short-lived or more persistent. 'We think we have a long way to go to really understand exactly how' the tariffs and prices will play out, Powell said. Many economists and Wall Street investors have expected the Fed to cut its rate at its next meeting in September, but Powell's remarks suggest there may not be enough data before September to support a cut. 'We have made no decisions about September,' Powell said. The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the job market could suffer. Major U.S. indexes, which had been trading slightly higher Wednesday, went negative after Powell's comments. 'The markets seem to think that Powell pushed back on a September rate cut,' said Lauren Goodwin, chief market strategist at New York Life Investments. Powell also underscored that the vast majority of the committee agreed with a basic framework: Infation is still above the Fed's target of 2%, while the job market is still mostly healthy, so the Fed should keep rates elevated. On Thursday, the government will release the latest reading of the Fed's preferred inflation gauge, and it is expected to show that core prices, excluding energy and food, rose 2.7% from a year earlier. Gus Faucher, chief economist at PNC Financial, says he expects the tariffs will only temporarily raise inflation, but that it will take most of the rest of this year for that to become apparent. He doesn't expect the Fed to cut till December. Trump argues that because the U.S. economy is doing well, rates should be lowered. But unlike a blue-chip company that usually pays lower rates than a troubled startup, the Fed adjusts rates to either slow or speed growth, and would be more likely to keep them high if the economy is strong to prevent an inflationary outbreak. Earlier Wednesday, the government said the economy expanded at a healthy 3% annual rate in the second quarter, though that figure followed a negative reading for the first three months of the year, when the economy shrank 0.5% at an annual rate. Most economists averaged the two figures to get a growth rate of about 1.2% for the first half of this year. Some of the disagreement likely reflects jockeying to replace Powell, whose term ends in May 2026. Waller in particular has been mentioned as a potential future Fed chair. Bowman, meanwhile, last dissented in September 2024, when the Fed cut its key rate by a half-point. She said she preferred a quarter point cut instead, and cited the fact that inflation was still above 2.5% as a reason for caution. Waller also said earlier this month that he favored cutting rates, but for very different reasons than Trump has cited: Waller thinks that growth and hiring are slowing, and that the Fed should reduce borrowing costs to forestall a weaker economy and a rise in unemployment. There are other camps on the Fed's 19-member rate-setting committee (only 12 of the 19 actually vote on rate decisions). In June, seven members signaled that they supported leaving rates unchanged through the end of this year, while two suggested they preferred a single rate cut this year. The other half supported more reductions, with eight officials backing two cuts, and two — widely thought to be Waller and Bowman — supporting three reductions. The dissents could be a preview of what might happen after Powell steps down, if President Donald Trump appoints a replacement who pushes for the much lower interest rates the White House desires. Other Fed officials could push back if a future chair sought to cut rates by more than economic conditions would otherwise support. Overall, the committee's quarterly forecasts in June suggested the Fed would cut twice this year. There are only three more Fed policy meetings — in September, October, and December. When the Fed cuts its rate, it often — but not always — results in lower borrowing costs for mortgages, auto loans and credit cards. Some economists agree with Waller's concerns about the job market. Excluding government hiring, the economy added just 74,000 jobs in June, with most of those gains occurring in health care. 'We are in a much slower job hiring backdrop than most people appreciate,' said Tom Porcelli, chief U.S. economist at PGIM Fixed Income. Michael Feroli, an economist at JPMorgan Chase, said in a note to clients this week if the pair were to dissent, 'it would say more about auditioning for the Fed chair appointment than about economic conditions.'