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Edition from 2025-05-03, 2 PM UTC

Trump vows to strip Harvard’s tax exempt status - escalating legal war

President Trump renewed his threat to revoke Harvard University's tax-exempt status, escalating a major confrontation. Harvard pushes back, declaring Trump has no legal basis, as federal courts block the administration's aggressive attacks.

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24 Hours Trump revokes Harvard’s tax exempt status + Australia’s Albanese wins second term + Mass drone attack hits Kharkiv, 47 injured + Trump cuts $163 billion in domestic spending + 7 killed in fiery Yellowstone crash + Federal judge blocks Trump order on Perkins Coie + Trump administration seeks Supreme Court aid for DOGE + Israeli airstrikes kill 40 in Gaza as famine looms + MS-13 stabs 3 Virginia prison guards in attack + Marco Rubio blasts Germany over far-right party + Zelensky says trump talks at pope’s funeral best yet + Trump’s tariffs hit auto parts, prices to rise + Trump plans military parade on his birthday + Fed reports 177,000 jobs added in April + NYC sees rise in antisemitic incidents + Maine settles lawsuit after Trump funding freeze

Number 177,000 - U.S. jobs added in April despite tariff uncertainty

Quote "Trade should not be a weapon" — Warren Buffett

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