S&P, Nasdaq end higher as stocks gyrate in Trump-tariffs limbo

Seattle's city council unanimously approved a resolution to end commitments to defund the police, citing a rise in crime and divisive nature of the movement. Councilmember Rob Saka introduced Resolution 32167 to reverse prior pledges, emphasizing the need for a diversified response model. Saka, a Black man, criticized the past council's support for defunding as not benefiting marginalized communities and emphasized the importance of not relying on White saviors. Full Article

In the local elections in Illinois, the Democratic Party had widespread victories, leading to significant losses for the state GOP and reflecting voter dissatisfaction with President Trump's policies. Democratic candidates won 79% of the races they backed, including key wins in Aurora and Orland Park. The GOP also suffered defeats in DuPage County townships, signaling a major shift in local politics and a deepening connection between Democrats and voters, with the DuPage County Democratic chair...

President Donald Trump announced new tariffs, including a universal 10 percent tariff on all imports and higher tariffs on specific countries, aiming to bring back jobs and put America first. The reciprocal tariffs imposed were based on alleged tariffs charged against the U.S., with plans to raise $6 trillion over 10 years and attract investment back to the U.S. despite initial stock market drops. Trump's "Liberation Day" announcements signify a significant shift in trade policy....

Judge Dale Ho rightfully dropped corruption charges against Mayor Eric Adams, allowing him to focus on city business and his reelection campaign without a cloud hanging over him. The case was seen as a political hit job and has damaged Adams' reputation, prompting him to consider running as an independent. Despite facing challenges, Adams has made progress in addressing crime and needs to continue hiring qualified professionals, pushing back against progressive policies, and focusing on...

A man in Asheville, North Carolina, identified as Jeffrey Dewayne Bradburn, was arrested for armed robbery after stealing a cinnamon bun from a grocery store and brandishing a machete before fleeing on foot. The Asheville Police Department charged Bradburn with armed robbery, shoplifting, and possession of drug paraphernalia after responding to the incident at 5:30 p.m. on Monday. Bradburn was apprehended by police while eating the stolen cinnamon bun and is currently held on a...

Global markets reacted sharply and swiftly after President Donald Trump revealed his much-anticipated tariff plans, causing U.S. stock indexes to plummet and companies reliant on global supply chains to see significant stock declines. Trump's announcement of a 10% tariff on all trading partners, along with reciprocal tariffs exceeding 20%, caught many investors off guard and led to widespread sell-offs, with tech giants like Apple and Amazon dropping significantly. The market turmoil also impacted automakers like...