Latest Stories

  • Trump's tariffs: Don't expect a big reshoring, economist says

    President-elect Donald Trump touted his tariff plan on the campaign trail. He says it will cause manufacturing jobs to return to the United States. On the latest episode of Capitol Gains, Oxford Economics U.S. Chief Economist Ryan Sweet joins host Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman to discuss Trump’s tariffs and whether or not they will ramp up manufacturing in the US. “There’s a myth that imposing tariffs is going to eliminate the trade deficit in the US,” Sweet tells the Capitol Gains team. “That’s just not gonna happen.” While some industries have started to move back to the US like microchips, personal protective equipment, pharmaceuticals, and biomedicals, American consumers simply buy much more that is imported than what can be produced domestically. Sweet says what will happen, though, is that tariffs under a second Trump administration will cause businesses to diversify their supply chains instead of bringing "labor intensive" manufacturing to the US. “They’re going to take more and more of their eggs out of China. It’s going to go to Taiwan, Vietnam, Mexico, other parts of Central and South America. You’re gonna bring more supply chains closer to home and I think that is going to be more noticeable than all these manufacturing jobs coming back to the US.” To find out more, listen to the full episode of Capitol Gains here. For more expert insight and the latest market action, click here to watch more Capitol Gains. This post was written by Lauren Pokedoff.

  • First look at South Carolina vs. Missouri: Gamecocks are double-digit favorites at home

    South Carolina is suddenly looking at a very good opportunity. It starts with a home SEC finale against the Tigers.

  • Updated ACC tiebreaker scenarios for Clemson football after Miami’s loss

    The Hurricanes losing at unranked Georgia Tech on Saturday, while Clemson beat Virginia Tech, has made things a lot more interesting.

  • Panic erupts when plane passenger tries to open emergency exit door mid-flight

    A Korean Air passenger caused a terrifying scene aboard a flight from Bangkok, Thailand to Incheon, South Korea when he tried to open the plane's emergency exit door mid-flight on November 8. The man became aggressive after flight attendants caught him sitting in one of their jump seats, prompting restraint methods to de-escalate his threatening and erratic behavior.

  • Malcolm Washington and Family Bring August Wilson’s ‘The Piano Lesson’ to the Screen

    Washington adapted the play for his feature film directorial debut starring his brother, John David Washington, and family friend Samuel L. Jackson.

  • Starmer marks Armistice Day at Paris ceremony with Macron

    The Prime Minister said he was honoured to pay tribute to the fallen of the First World War alongside the French president.

  • Wolf Hall season 2 is heralded a 'masterpiece' after just one episode

    The BBC's adaptation of Hilary Mantel's historical novel The Mirror and the Light starring Mark Rylance and Damian Lewis has already blown away viewers.

  • Rare November tornado warning issued in southern Ontario, tree damage reported

    A weak tornado may have hit the Fergus, Ont. area late Sunday night. Damaging winds and power outages were reported

  • Nestle, P&G investigate palm oil sourcing after green group's Indonesia deforestation report

    Consumer brands including Nestle and Procter & Gamble said they conducted investigations after an environmental group said palm oil sourced from an illegally cleared wildlife reserve in Indonesia may have found its way into their supply chains. Rainforests within the legally protected wildlife reserve had been cleared to make way for palm oil plantations during the last eight years, the U.S.-based Rainforest Action Network (RAN) said, citing satellite images that it says reveal deforestation in the area. The group shared images which it said showed stretches of cleared brown land cut into the lush green expanse of Indonesia's Rawa Singkil Wildlife Reserve, with rows of young palm trees now planted along its borders.

  • Daniel Khalife guilty of escaping from prison

    The 23-year-old former soldier continues to deny all the other charges against him.

  • Zeiss opens tech-focussed centre in India, to double workforce in 3 years

    German optical technology firm Carl Zeiss AG on Monday opened its first global capability centre (GCC) in India and said it plans to double its local workforce to 5,000 in the next three years. The centre, located in the southern city of Bengaluru, will host functions such as cloud computing, cybersecurity and network operations, and also develop software services for its medical technology subsidiary Carl Zeiss Meditec AG. India's GCCs have in recent years evolved from low-cost outsourcing hubs to local offices of global companies supporting their parent organisations in multiple functions, including daily operations, finance, research and development.

  • Starmer and Macron demonstrate Franco-British unity at WWI anniversary in Paris

    British Prime Minister Keir Starmer joined French President Emmanuel Macron Monday at the ceremony in Paris commemorating the 106th anniversary of the end of World War I in a symbolic show of unity between the two countries. Before the traditional ceremony at the Tomb of the Unknown Soldier under the Arc de Triomphe, the two leaders placed wreaths by statues of Churchill and of Georges Clemenceau, the French prime minister at the time of the Armistice“I am honoured to be in Paris to stand united

  • Rescues in Action: Logan

    Rescues in Action: Logan

  • Chilly mornings & pleasant afternoons this week

    Chilly mornings & pleasant afternoons this week

  • Covid denier jailed for online posts encouraging violence against Chris Whitty

    Patrick Ruane, 55, was found guilty at the Old Bailey of two charges of encouraging terrorism in a series of Telegram posts during 2021.

  • PSTA drivers deemed heroes after hurricanes

    PSTA drivers deemed heroes after hurricanes

  • Dow Jones Futures Rise, Bitcoin Tops $82,000 In Trump Rally; Nvidia Leads 5 Stocks Near Buy Points

    Futures inched higher while bitcoin topped $82,000 as the Donald Trump rally continues. Nvidia, Meta lead five stocks near buy points.

  • More than 3,000 pupils already forced out of private schools amid VAT raid

    Labour has underestimated how many pupils will be forced out of private schools as a result of its VAT raid, new figures show.

  • WHO says mpox cases in Congo's epicenter where the new variant was detected may be 'plateauing'

    LONDON (AP) — The World Health Organization said mpox cases in the region of Congo where a new and more infectious variant was first detected appear to be “plateauing,” even as the virus continues to increase in other regions of the country, as well as in Burundi and Uganda.

  • 'Dying of thirst' as climate-driven floods mix with oil

    With swathes of South Sudan submerged, a whistleblower warns water sources are being polluted by oil.