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Trump wavers over impeachment trial

Bloomberg President Donald Trump is wavering over how he wants his impeachment trial in the Senate to unfold, people familiar with his thinking said, but an offer by his former top national security aide to testify challenged Republican plans for a quick proceeding. Senate Majority Leader Mitch McConnell gave no indication that John Bolton’s willingness to testify was putting pressure ...

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Sebastian Kurz sworn in as Austrian chancellor

Bloomberg Sebastian Kurz was sworn in as Austria’s chancellor by President Alexander Van der Bellen, heading a new alliance of conservatives and environmentalists that now has to figure out how to fund its ambitious climate goals. Kurz, 33, is breaking new ground in Europe by forging a coalition between his People’s Party and the Greens. Their programme combines Kurz’s trademark ...

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Fed signals high bar for rate move amid Iran tensions

Bloomberg The risk of a US-Iran conflict is bringing fresh focus to the question of what Jerome Powell meant when he said it will take a “material” change in the outlook for the Federal Reserve to raise or lower interest rates. The answer so far — as investors wait to see how Tehran responds to the US killing of its ...

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