Ray Dalio to the Trump administration: Cut debt now or face an 'economic heart attack'

DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of dire consequences if the Trump administration does not cut the country’s debt.

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Ray Dalio to the Trump administration: Cut debt now or face an 'economic heart attack'

Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.
CNBC - 4h
The Trump administration needs a Turkish-Syria policy right now

Turkish President Erdogan and his administration are negotiating with Syria's interim president to solidify its influence and control over the new Syrian government, potentially threatening ...
The Hill - 1d
PBS shuts diversity office as it faces pressure from Trump administration

PBS says it's shutting its diversity office to comply with President Trump's executive order and firing the two executives brought on when the effort was started in 2021.
CBS News - 1d
Bar Association: Trump administration attacks on judges 'cross the line'

The American Bar Association (ABA) issued a statement Tuesday citing concerns with the Trump administration’s comments condemning court orders that blocked some of the president’s executive ...
The Hill - 1d
Some Republicans defend courts against Trump administration attacks

After Vance’s comments that “judges aren't allowed to control the executive's legitimate power,” some Republican lawmakers find themselves defending the judicial branch.
ABC News - 2d
Trump administration orders list of new FBI recruits, deepening fears of cuts

The Trump administration has asked the FBI for a list of probationary employees and individual justifications for keeping anyone who has been at the bureau for less than two years.
NBC News - 2d
Federal judge blocks Trump administration cuts to medical research funding

The National Institutes of Health says the cuts will save more than $4 billion a year, but critics say it puts potentially lifesaving research in jeopardy.
CBS News - 2d
Trump Administration Cuts Put Medical Progress at Risk, Researchers Say

Grants from the National Institutes of Health come with additional money for overhead. A planned $4 billion cut would leave colleges with large budget gaps.
The New York Times - 4d
Trump administration to cut billions in medical research funding

National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...
The Guardian - 4d

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Putin goes from pariah to negotiating partner as Trump unveils upcoming meeting

For a decade, Russian President Vladimir Putin has been the West’s pariah after first annexing Ukraine’s Crimean Peninsula and then launching a full-scale invasion of the country.
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