‘Negative Shock’: IMF Downgrades Growth Forecast for U.S.

The International Monetary Fund slashed its 2025 growth forecast for the U.S. economy to 1.8%, a 0.9-point decrease from January, spurred by President Trump’s trade actions and policy uncertainty. The IMF’s World Economic Outlook report focused heavily on Mr. Trump’s “Liberation Day” announcement on April 2 that imposed a blanket 10% tariff on imports and threatened higher tariffs on dozens of trading partners…Continue Reading

Pope Francis Dies at Age 88

Pope Francis, the first Jesuit leader of the world’s 1.3 billion Roman Catholics and the first to come from the Southern Hemisphere, died Monday at age 88, the Vatican announced. Francis entered Gemelli hospital on Feb. 14, 2025, for a respiratory crisis that developed into double pneumonia and, at 38 days, became the longest hospitalization of his papacy…Continue Reading

Ukraine, Russia Accuse Each Other of Breaking Easter Ceasefire

Ukraine and Russia each accused the other Sunday of breaking a truce, with dozens of reported attacks across Ukraine amid dwindling hopes that the nations can ever agree to a lasting ceasefire. Reports from Ukrainian military commanders along the front lines, if true, cast doubt on whether Russian President Vladimir Putin was serious in his call for the ceasefire — though the Kremlin accused Ukraine of breaking the truce…Continue Reading

Trump Says Mineral Deal With Ukraine to Be Signed Next Week

President Trump said a mineral deal with Ukraine will be signed next Thursday, a deal the president has been chasing for months. Seated beside Italian Prime Minister Giorgia Meloni in the Oval Office on Thursday, Mr. Trump said, “I assume they’re going to live up to the deal.” Earlier in the day, Ukrainian President Volodymyr Zelenskyy said it’s possible to sign a “memorandum of intent” as soon as Thursday…Continue Reading

Maryland Joins Blue States Raising Taxes to Fill Budget Holes

Maryland’s steep tax increases follow the lead of other liberal-leaning states that love to spend and are now desperate to raise revenue to dig out of growing deficits and fund new spending. Under the state’s $67 billion budget that the General Assembly passed this month, Marylanders will pay $1.6 billion for a dizzying array of new taxes and fee increases beginning in July…Continue Reading

Trump Administration Refers Letitia James for Criminal Charges

The Trump administration is referring New York Attorney General Letitia James for potential criminal charges related to mortgage fraud. Ironically, the allegations relate to falsifying financial forms — the same crime for which she prosecuted President Trump during the 2024 campaign. William Pulte, the director of the Federal Housing Finance Agency, sent a criminal referral to the Justice Department…Continue Reading

Officials Nearing Deal for New Commanders Stadium at RFK Site

The Washington Commanders are nearing a return to the District after playing more than 25 seasons in Maryland. The franchise is reportedly close to an agreement with D.C. officials to build a new football stadium on the site of the old RFK Stadium, NBC4 reported on Wednesday. One source familiar with the negotiations told The Washington Times that a deal had not been finalized…Continue Reading

Democrats Turn MS-13 Gang Suspect Into New Crusade

A federal judge reinforced her demand Tuesday that the U.S. keep working to bring back an MS-13 gang suspect wrongly deported to El Salvador, dismissing statements by that country’s president against releasing Kilmar Abrego Garcia. Judge Paula Xinis said she would order a two-week sprint to get to the bottom of U.S. efforts to return Mr. Abrego Garcia, including demanding testimony from top Trump officials. She will then decide whether to hold the government in contempt…Continue Reading

Trump Signs Executive Order to Lower Prescription Drug Prices

President Trump is aiming to lower drug prices with an executive order he signed Tuesday. Mr. Trump directed Health Secretary Robert F. Kennedy Jr to take steps to reduce prices, potentially save millions of dollars for Americans, and expand a program to help patients get deals on sickle-cell medication. The order will lower drug prices for Medicare by improving the Medicare Drug Pricing Negotiation Program…Continue Reading

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