U.S. stocks dove Tuesday following another stunning reversal, with Wall Street veering from a huge gain at the opening of trading to more losses at the close, because investors still have no idea what to make of President Donald Trump’s trade war.
Category: Politics
Chicago-area man up for Vatican ambassador defends recent cuts to US foreign aid
President Donald Trump’s nominee for ambassador to the Vatican defended many of the administration’s foreign-aid cuts at a Senate hearing Tuesday, even while saying Catholic charitable groups are well-equipped to deliver such aid efficiently.
Trump touts Supreme Court deportation ruling as a major victory, but legal fight is far from over
The Trump administration is touting a Supreme Court ruling allowing it to resume deportations under the Alien Enemies Act as a major victory, but the immigration fight is far from over.
Predatory tow trucks in Chicago could face lawsuits, get towed themselves in new ordinance
Aldermen in the License Committee unanimously advanced a measure Tuesday giving drivers new rights to sue rule-breaking tow truck operators.
Mayor Brandon Johnson to jump-start budget talks with larger shortfalls expected
With formal discussions, Mayor Brandon Johnson hopes to quell pushback from aldermen widely frustrated by the delayed, tangled budget process he led last year.
Dolton trustees seek forensic audit of finances; Tiffany Henyard skips final meeting
Dolton trustees plan a forensic audit of finances as Mayor Tiffany Henyard makes her exit; set May 5 for Jason House inauguration.
IRS agrees to share migrants’ tax information with ICE
The IRS has agreed to help homeland security officials find immigrants they are trying to deport, according to court records, committing to sharing information in what would be a fundamental change in how the tax collector uses its tightly regulated records.
Iran’s foreign minister says he will have indirect talks with US envoy over Tehran’s nuclear program
Iran ‘s foreign minister said Tuesday he’ll meet with U.S. envoy Steve Witkoff in Oman for the first negotiations under the Trump administration seeking to halt Tehran’s rapidly advancing nuclear program as tensions remain high in the Middle East.
As China and the US spar, countries brainstorm over how to cope with the trade war
U.S. President Donald Trump and China sparred over tariff hikes and other retaliatory moves on Tuesday, as governments elsewhere were brainstorming strategies to cope with the trade war between the global economic giants.
‘She gave me permission to lead this way’: CTU President Stacy Davis Gates honors legacy of Karen Lewis
Chicago Teachers Union President Stacy Davis Gates reflects on the legacy of late union chief Karen Lewis at her posthumous memoir launch.