U.S. stock futures traded slightly higher on Tuesday, following Monday’s major selloff as markets digested President Donald Trump’s comments that there would be a “period of transition” as the economy adjusted to a global trade war. Dow futures traded up 156 points, or about 0.36%. The Dow Jones Industrial Average closed down about 2% on…

LONDON — Russia’s Defense Ministry said its forces shot down 337 Ukrainian drones overnight, in what appeared to be Kyiv’s largest cross-border aerial attack on Russia since Moscow launched its full-scale invasion in 2022. The ministry reported downing UAVs over 10 Russian regions. Moscow air defenses were firing through the night while facing multiple waves…

House Republicans are slated to vote Tuesday on their spending bill, known as a continuing resolution, that would fund the government at current levels through Sept. 30, 2025. In the absence of Democratic support, the vote represents a major test for Speaker Mike Johnson — as it remains unclear if the Trump-backed legislation can even…

Before a judge halted the takeover in February, President Donald Trump’s administration was planning to fire the overwhelming majority of employees at the Consumer Financial Protection Bureau and then fulfill the agency’s legal obligations with a skeleton crew, a top CFPB official testified on Monday. During a lengthy court hearing on Monday, CFPB’s Chief Operating…

As Democrats attempt to rebound from an underwhelming showing in the 2024 election, California Democratic Rep. Ro Khanna is not only taking stock of the stinging defeat last fall, but also taking shots at his own political party. After watching Democrats swap nominees and struggle to deliver a cohesive message to voters in the last…

President Donald Trump on Monday weighed in on the ICE detention of Mahmoud Khalil, a leader in Columbia University’s encampment movement who he said was a “Radical Foreign Pro-Hamas Student.” “We know there are more students at Columbia and other Universities across the Country who have engaged in pro-terrorist, anti-Semitic, anti-American activity, and the Trump…

SEOUL and LONDON — North Korea fired “multiple” ballistic missiles on Monday, according to South Korea’s Joint Chiefs of Staff, as U.S.-South Korea war games began nearby. The missiles, which were “unidentified,” were fired from the North’s Hwanghae Province at about 1:50 p.m. local time, the South Korean military said. They were aimed inland, toward…

LONDON — The U.S. is “just about” ready to lift its freeze on intelligence sharing with Ukraine, President Donald Trump said Sunday, as American and Ukrainian negotiators prepare for bilateral talks in Saudi Arabia intended to move toward a peace deal to end Russia’s three-year-old invasion. “Well, we just about have,” Trump told reporters on…

Congress has one week to pass a spending bill that would avert a government shutdown, but lawmakers from both parties are not on the same page about how they’ll move forward. House Speaker Mike Johnson, R-La., said he aims to hold a vote on Tuesday in the House on a clean short-term bill that would…

ROME and LONDON — Pope Francis on Sunday spent his 24th consecutive day in the hospital receiving therapy and getting an update on world and church affairs, the Vatican’s press office said in a brief statement. “The night was quiet, the pope is resting,” the Holy See said Sunday morning. Catholic worshippers pray during a…