‘Massive gift to America’s enemies’: Activists decry cuts to government-funded networks
CNN
Advocates for the government-funded networks, including lawmakers in both the United States and Europe, say the cutbacks will undermine press freedoms and hurt America’s standing in the world.
Radio Free Europe streamed unflinching coverage of Russia’s war in Ukraine to Russians when the Kremlin banned its citizens from calling it a war. Radio Free Asia bravely exposed China’s mass detention of the Uyghurs, a predominately Muslim ethnic minority in the far west of the country. The Open Technology Fund helped fund the creation of Signal, the hugely popular encrypted messaging app. All three American government-funded outlets are in jeopardy now that the Trump administration has terminated all of the grant programs at the US Agency for Global Media, or USAGM. The administration said Saturday that the agency is “not salvageable.” Thousands of employees and contractors are now trying to figure out what’s next for them. Advocates for the networks, including lawmakers in both the United States and Europe, say the cutbacks will undermine press freedoms and hurt America’s standing in the world.
Workers thinking about criticizing their employer on social media might want to think twice.
When tech founders build products, they can’t always know what those tools will eventually become or how people will use them. That sentiment is echoed repeatedly by early Twitter employees in a new CNN documentary series about the social media company called “Twitter: Breaking the Bird.”
Imported wine and spirits encompass 35% of revenue of all US sales in the alcohol market, meaning that all aspects of cocktails and wines ordered at restaurants or purchased at retailers will “rise significantly” if the tariffs go into effect.
President Donald Trump launched some of his harshest attacks yet on the media on Friday, using a speech at the Department of Justice to baselessly accuse outlets including CNN of illegal and corrupt behavior.
US stocks rallied Friday as investors tried to stage a rebound to finish a rocky week, though all three major indexes were still on track to close the week in the red.
Gold prices reached $3,000 an ounce for the first time in history Friday, boosted by demand for safe-haven assets as investors fret about President Donald Trump’s tariffs and geopolitics.
The Trump bump in consumer sentiment is now a Trump slump.
On-again, off-again tariffs, mass government layoffs, funding cuts and immigration crackdowns have seriously spooked Wall Street, which is emphatically rejecting President Donald Trump’s chaotic economic agenda.
For craft brewers, an industry largely consisting of small businesses and where the product is made in steel plus packaged in aluminum, the newly applied tariffs are having a direct strike on their bottom lines.
President Donald Trump has said that automakers can avoid his tariffs by simply moving production to American plants. But it’s not that easy. Not by a long shot.
China has sharply criticized a proposal to sell ports in the Panama Canal to American asset management giant BlackRock, attacking the deal as “spineless groveling” and a “betrayal” of the Chinese people.
Bill Pulte, who was confirmed by the US Senate on Thursday to lead the Federal Housing Finance Agency for the Trump administration, said he’s in no rush to privatize Fannie Mae and Freddie Mac, the mortgage behemoths that power more than half of America’s mortgages.
Tesla, the electric car company run by Elon Musk, said this week that retaliatory tariffs against US manufacturers could harm its operations and that the US should carefully consider its trade policies, a break from Musk’s ally President Donald Trump.