Michael Pettis, a Wall Street veteran who teaches finance in Beijing, says mainstream economists are wrong about trade.
Nation & World
National and world news from the Portland Press Herald.
Biden approves Ukraine’s use of long-range U.S. weapons inside Russia, reversing policy
The easing of restrictions on allowing Kyiv to use the Army Tactical Missile System, or ATACMS, to hit targets inside Russia is a significant reversal in U.S. policy.
Government efficiency panels like DOGE have a long and disappointing history
Many have come up short in their goals to tackle waste and abuse, especially when led by business leaders with limited experience in federal bureaucracy.
Trump is already testing congressional Republicans, and some seem unwilling to defy him
Even his close allies are nervous about the unpredictability and upheaval to come.
Trump selects fossil fuel executive Chris Wright as energy secretary
The CEO of Denver-based Liberty Energy, Wright is a vocal advocate of oil and gas development, including fracking.
Trump picks Burgum for ‘energy czar’ – and interior secretary
Donald Trump tapped North Dakota Gov. Doug Burgum as both interior secretary and ‘energy czar’ to oversee efforts to gut climate rules and expand fossil fuel production.
Trump taps combative aide for top press job as Cabinet picks face scrutiny
Donald Trump chose Steven Cheung, one of his most bellicose aides, for the top White House press job. He also named Karoline Leavitt as press secretary.
Trump names Karoline Leavitt as youngest ever White House press secretary
Leavitt, a New Hampshire native, is seen as a staunch and camera-ready advocate for President-elect Donald Trump.
What is Bluesky, the fast-growing social platform welcoming fleeing X users?
While Bluesky remains small compared to established online spaces, it has emerged as an alternative for those looking for a friendlier mood.
Another Outer Banks home falls into the ocean. More are still at risk.
The home in Rodanthe, North Carolina, collapsed into the sea after a powerful coastal storm swept through the area Thursday night.