Equipment maker Deere said it’s seeing “near-term market challenges” and called the situation “dynamic,” as many other companies have. It lowered the bottom end of its forecasted range of profit for the full year. But Deere’s stock nevertheless rose 3.8% after it reported a stronger profit for the latest quarter than analysts expected.
The Kentucky storms emerged from a weather system Friday that killed seven in Missouri and two in northern Virginia, authorities said. The system also spawned tornadoes in Wisconsin, brought punishing heat to Texas and temporarily enveloped parts of Illinois — including Chicago — in a pall of dust on an otherwise sunny day.The weather service said parts of Missouri and Kansas could see severe thunderstorms, golf ball-sized hail and wind gusts up to 60 mph (97 kph) into Monday.
In London, Kentucky, Ryan VanNorstran huddled with his brother’s large dogs in a first-floor closet as the storm hit his brother’s home Friday in a neighborhood along Keavy Road where much of the destruction in the community of nearly 8,000 people was centered. VanNorstran was house-sitting.An American Flag is posted near destroyed homes, Sunday, May 18, 2025, in London, Ky., after a severe storm passed through the area. (AP Photo/Carolyn Kaster)An American Flag is posted near destroyed homes, Sunday, May 18, 2025, in London, Ky., after a severe storm passed through the area. (AP Photo/Carolyn Kaster)
Macey Coffey carries salvageable items from what isleft of Edwina Wilson’s destroyed home, Sunday, May 18, 2025, in London, Ky., after a severe storm passed through the area. (AP Photo/Carolyn Kaster)Macey Coffey carries salvageable items from what isleft of Edwina Wilson’s destroyed home, Sunday, May 18, 2025, in London, Ky., after a severe storm passed through the area. (AP Photo/Carolyn Kaster)
He said he felt the house shake as he got into a closet. Then, a door from another house crashed through a window. All the windows blew out of the house and his car was destroyed. Chunks of wood had punched through several parts of the roof but the house avoided catastrophic damage. When he stepped outside, he heard screaming.
“I guess in the moment, I kind of realized there was nothing I could do. I’d never really felt that kind of power from just nature,” he said.The U.S. Constitution gives the power to impose taxes — including tariffs — to
. But over the years lawmakers ceded power over trade policy to the White House, clearing the way for Trump’s expansive use of tariffs.Some lawmakers now want to reclaim some of the authority they’ve given up.
Republican Sen. Chuck Grassley of Iowa and Democratic Sen. Maria Cantwell of Washington, for instance, have introduced legislation that would require presidents to justify new tariffs to Congress. Lawmakers would then have 60 days to approve the tariffs. Otherwise, they would expire.But their proposal appears to stand little chance of becoming law, given most Republican lawmakers’ deference to Trump and the president’s veto power. “That train has left the station,’' said trade lawyer Warren Maruyama, who was general counsel for the Office of the U.S. Trade Representative in the administration of President George W. Bush.