Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.
President Trump has been trying to eliminate the tax loophole, which benefits Wall Street, but Congressional Republicans may stand in the way.
North Korea Says It’s Building a Nuclear-Powered Submarine
The announcement came amid fears that Pyongyang may be receiving crucial military technology from Russia in return for sending troops and weapons for its war against Ukraine.
From Bell Labs to Lumon Industries: The Building That Brings ‘Severance’ to Life
Bell Works, the setting of the hit serial for Apple TV+, is now a tourist attraction, drawing fans to the architectural wonder.
Impeached South Korean President Released From Jail
The move comes after a court ruled that the detention of President Yoon Suk Yeol was invalid, but won’t affect the insurrection and other charges he faces for declaring martial…
A Europe in Emotional Shock Grapples With a New Era
It remains to be seen how far President Trump’s embrace of Russia and abandonment of traditional allies will go. But “the West” may be gone.
Alfred, No Longer a Tropical Cyclone, Still Threatens Australia with Flooding
Officials said parts of the country’s east coast south of Brisbane were still at risk of significant flooding. One person was missing.
Remains in Manitoba Landfill Are Identified as Serial Killer’s Victim
The decision to search a landfill near Winnipeg had become a political issue in the western Canadian province, largely because the victims were all Indigenous women.
China Hits Canada With Tariffs in Indirect Riposte to Trump
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.
Justice Department Accuses Adams Prosecutors of Politicking and Hypocrisy
In a court filing, two top officials released prosecutors’ internal messages in a further attempt to discredit the case against the mayor of New York.
U.S. Judge Finds China Liable for Covid Missteps, Imposes $24 Billion Penalty
The judgment was issued in a case brought by the Missouri attorney general. The Chinese government did not respond to the claims in court.