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As investors prepared for retaliatory tariffs that US President Donald Trump is expected to announce on Wednesday, the dollar remained mostly stable on Tuesday.

Markets brace for Trump's tariffs, dollar holds steady amid economic concerns

The dollar remained stable as investors anticipated new tariffs from President Trump. Markets are closely watching the U.S. Job Openings and Labor Turnover Survey, and the ISM manufacturing index for insights on trade policy impacts. The euro fell slightly, and concerns about escalating tariffs are affecting European Central Bank rate expectations. Geopolitical tensions also remain a significant focus.

Russian President Vladimir Putin attends a meeting.

How Russia reacted to India's 'Operation Sindoor' against Pakistan-based terror groups

Russia expressed deep concern over escalating tensions between India and Pakistan following India's "Operation Sindoor" against terror groups. Moscow urged peaceful resolution through diplomatic means, condemning terrorism and hoping for bilateral dialogue to maintain regional stability.

St. Peters Square in Vatican City where visitors will await the news on the new Pope

10 surprising facts about Pope conclave, the most secretive election in the world

Pope conclave begins to select new Catholic leader, with 133 cardinals voting secretly in Sistine Chapel. Strict rules prevent outside communication, with white smoke signaling selection. Only cardinals under 80 can vote, and any baptized Catholic male is eligible.

Iran says 'disturbed' by UK arrest of Iranians in terrorism probes

Iran says 'disturbed' by UK arrest of Iranians in terrorism probes

Iran's foreign ministry dismissed Britain's accusations regarding the arrest of seven Iranians in counter-terrorism operations, claiming they are baseless and harm bilateral relations. British authorities allege the detainees were involved in plotting threats and foreign interference. Iran's officials have requested clarification on the arrests and expressed willingness to cooperate if credible misconduct allegations arise.

Security personnel stand guard in Srinagar on Wednesday. (AFP Photo)

US mission issues security alert in Pakistan, advises citizens to leave areas of active conflict

US Mission alerts Americans to leave conflict areas near India-Pakistan border following India's Operation Sindoor targeting terror infrastructure. Airspace closed, flights cancelled. Citizens advised to exercise caution, depart safely, or shelter in place.

Laura Loomer, an ally of Donald Trump, declared: "India is going to win."

'India is going to win’: Trump ally Laura Loomer's big statement on ‘Operation Sindoor’

India launched 'Operation Sindoor', conducting precision strikes on nine terrorist bases in Pakistan and PoK in response to the Pahalgam massacre. Trump ally Laura Loomer and US Congressman Thanedar expressed support, emphasizing India's right to defend itself against terrorism.

Operation Sindoor: A city view of Muzaffarabad in Pakistan-occupied Kashmir on May 7.

Trump admin's latest warning: 'Reconsider travel to Pakistan because...'

US State Department warns citizens to reconsider travel to Pakistan due to ongoing military tensions between India and Pakistan, following India's precision strikes against terrorist groups and potential armed conflict near the border.

US Congressman Shri Thanedar released a statement on Operation Sindoor.

‘US should stand with India’: Congressman Shri Thanedar backs ‘Operation Sindoor’

US Congressman Shri Thanedar supports India's retaliatory strikes against terror targets in Pakistan after the Pahalgam massacre, calling for US solidarity and emphasizing the need to combat terrorism and protect innocent lives.

Aussiewood to Mel Gibson: save us from Trump's movie tariffs

Aussiewood to Mel Gibson: save us from Trump's movie tariffs

Australia's film industry is urging Mel Gibson to persuade President Trump to revoke proposed 100% tariffs on foreign films, which could threaten its A$1 billion business. Industry leaders warn that these tariffs could lead to significant job losses and increased ticket prices, jeopardizing the long-standing collaboration between Hollywood and Australian filmmakers.

7 new public schools in NYC?

NYC to open 7 new public schools this fall — Full list and locations

NYC opens 7 new public schools this fall, offering specialized programs in STEM, healthcare, literacy, and more across four boroughs. The initiative aims to modernize education, address diverse student needs, and provide equitable learning opportunities for NYC students.

Nevada hearing may give first public view into legal spat over control of Murdoch media empire

Nevada hearing may give first public view into legal spat over control of Murdoch media empire

A Nevada Supreme Court hearing may reveal details about Rupert Murdoch's secretive legal battle over control of his media empire after his death. The dispute centers on his family trust, with Murdoch attempting to ensure his son Lachlan maintains control, while siblings Prudence, Elisabeth, and James oppose changes that could affect Fox News's conservative stance.

US President Donald Trump speaks during a FIFA Task Force meeting in the East Room of the White House in Washington, DC, US, on Tuesday, May 6, 2025. Photographer: Francis Chung/Politico/Bloomberg

Trump says three hostages held by Hamas have died, 21 remain

President Trump announced that three hostages held by Hamas in Gaza have died, leaving 21 believed to be alive. His remarks come as Israel plans to reoccupy Gaza to recover hostages and combat Hamas. The U.S. State Department also reported assisting 17 Americans in leaving Gaza.

Pakistan cited Article 51 of the UN Charter in its response to India's overnight strikes

What is UN Charter's Article 51 Pakistan is citing after India's Operation Sindoor strikes

Pakistan's Deputy PM Ishaq Dar claims India violated UN Charter's Article 51 after Operation Sindoor strikes on nine terror sites in response to a terrorist attack. Pakistan reserves the right to respond, condemning the action as a breach of international norms.

42% of Americans support Harry and Meghan's move to California, with 61% believing they've remained unchanged since stepping back from royal duties. (AP Photo/Martin Meissner, File)

Who is America’s most beloved Royal? New poll says it's not Harry, William, or Meghan, it’s still her, 25 years later

Princess Diana remains America's most beloved royal, 25 years after her death. Prince William follows with high popularity, while Harry and Meghan rank lower. Most Americans oppose monarchy, but retain affection for iconic royal figures.

Veteran families to get better benefits amid VA policy change?

Major changes to veterans benefits: Key updates and what they mean

VA Department reforms veteran benefits, making support for deceased veterans' families faster and easier. New specialized team in Philadelphia will guide complex claims, with improved technology and direct oversight to simplify bureaucratic processes and provide quicker, more compassionate assistance.

US reviews occupation of University of Washington building by pro-Palestinian protesters

US reviews occupation of University of Washington building by pro-Palestinian protesters

The U.S. government will review a pro-Palestinian protest at the University of Washington, where demonstrators occupied a building demanding the university sever ties with Boeing. The Trump administration condemned the incident as antisemitic and urged policy changes, while the university reported arrests for trespassing and disorderly conduct. Critics argue the administration conflates criticism of Israel with antisemitism.

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