Wall Street experienced significant losses on Thursday, with the Dow Jones dropping 427 points and the Nasdaq plunging 483 points. Despite President Trump's decision to delay tariffs, market instability persists. Retailers like Macy's and Victoria's Secret reported disappointing forecasts, while major tech firms, including Nvidia, also declined.
Related news
Donald Trump's second non-consecutive term as US President will begin with his inauguration on January 20, 2025. Occurring on Martin Luther King Jr. Day, the event will feature a theme of democracy and a parade to the White House. Safety measures are heightened due to weather concerns and past security incidents, with limited tickets available.
A New York federal judge temporarily halted the deportation of Palestinian activist Mahmoud Khalil, a Columbia University graduate, pending a conference. Khalil was detained by immigration authorities following a directive to cancel his green card. This action signifies an escalation of the Trump administration's crackdown on pro-Palestinian campus protests.
Somali security forces ended a 24-hour siege by al-Shabab militants at the Cairo Hotel in Beledweyne, killing six assailants. The attack, starting with a car bomb, targeted military officers and traditional elders involved in anti-al-Shabab efforts. Civilian casualties remain unclear, with reports varying between six and eleven people dead. Al-Shabab claimed responsibility for the attack.
The Taliban authorities that rule Afghanistan have imposed a severe interpretation of Islamic law on the population, heavily restricting all aspects of women's lives. The government claims it secures Afghan women's rights under Sharia law, but many of the edicts are not followed in the rest of the Islamic world and have been condemned by Muslim leaders.
At least three fatalities and over 200 rescues have been reported due to severe storms in southern Texas, prompting ongoing rescue operations. Harlingen received more than 21 inches of rain, causing widespread flooding and power outages across several counties. Emergency shelters were set up, and a tornado watch was issued for Liberty and Polk Counties.
Imran Khan has requested post-arrest bail from the Lahore high court, arguing political victimization after multiple cases were lodged against him following May 9 violence. His plea follows the Anti-Terrorism Court's rejection of his earlier bail applications, and his sister has claimed his rights are being violated.
During a speech at Capitol One Arena, Elon Musk made a gesture that some interpreted as a Nazi salute while many defended his gesture and said Elon Musk was giving his heart out to the people and was not enacting a Nazi salute. "Elon just did a full Nazi salute, can’t help himself," one wrote.
Incoming Trump administration officials have been questioning career civil servants at the White House National Security Council about their political affiliations and social media activity, prompting some employees to pack up their belongings. Trump's pick for national security adviser, Mike Waltz, aims to replace nonpolitical appointees with Trump loyalists by Inauguration Day, potentially impacting US expertise on key global issues.
Donald Trump humorously addressed the speculations that Elon Musk was the actual president and said that Musk could not be the president as he was born in South Africa. “No, no. That’s not happening. He’s not gonna be president," Trump joked about Musk’s South African birthplace, adding, “You know why he can’t be [president]? He wasn’t born in this country."
​Patel declared that under the leadership of President Trump and Vice President Vance, America’s immigration policy would once again become a beacon of hope for the world. However, he reminded the audience that preserving the American dream requires more than aspiration—it demands action.