Crypto Bill Stalls in the Senate as Democrats Balk
A first-of-its-kind bill to regulate parts of the cryptocurrency industry stalled in the Senate on Thursday, after Democrats blocked it amid concerns in their party about how President…
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Trump
The New Pope Doesn’t Seem to Be a Huge Fan of Trump or JD Vance
In February, he shared an article from the National Catholic Reportertitled “JD Vance is wrong: Jesus doesn’t ask us to rank our love for others,” in response to Vance’s bastardization of…
The Fed Could Be on Hold Until September, Economists Say
More than 20 times during a roughly 45-minute news conference on Wednesday, Jerome H. Powell, the chair of the Federal Reserve, referenced the idea of waiting to see how President Trump’s…
States sue Trump administration for blocking funds for EV charging
Seventeen states are suing President Donald Trump‘s administration for withholding billions of dollars for building more electric vehicle chargers, according to a federal lawsuit announced…
U.S. and Britain Hail Trade Agreement but Leave Details to Be Settled
President Trump said Britain had agreed to increase market access for billions of dollars of American exports, including beef, ethanol and other farm products under a new trade deal — but…
Elmo LinkedIn Post About Being Laid Off Because of Trump Budget Cuts Is Fake, but It’s Pretty Funny
Did Elmo get sacked as a result of President Trump’s attempts to defund public media? A LinkedIn post purportedly written by the lovable red Muppet — in which Elmo says he “was recently…
U.S. Trade Deal Could Lift UK Economy, but Won’t Transform It
The British government made faster economic growth its No. 1 mission. But efforts to kick-start it have been repeatedly knocked off course by a global economy lurching from one crisis to…
Trump wants to fast-track an Alabama coal mine expansion—but almost all its rock is shipped overseas
BROOKWOOD, Ala.—The Trump administration has announced it will aim to fast-track the permitting and environmental review of a major coal mine expansion in central Alabama as part of a…
Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months
A year ago, the world’s biggest automaker was on a tear. American consumers were snapping up Toyota Motor’s hybrids, and a weak yen inflated the value of the company’s earnings. That May,…
Trump’s Threat of ‘Foreign’ Film Tariffs Stirs Anxiety in the U.K.
President Trump’s desire to “make Hollywood great again” by wielding his preferred economic weapon — tariffs — has sent a shiver through Britain’s film industry. British producers, camera…
Kennedy Center Director Slams ‘Les Misérables’ Actors as ‘Vapid and Intolerant’ For Threatening Boycott of Trump Performance: ‘Will No Longer Fund Intolerance’
The Kennedy Center is fighting back against a group of actors who threaten to close the curtain on Donald Trump. On Wednesday, CNN reported that 10 out of the 12 actors in a “Les…
Trump Administration to Announce Trade Deal With Britain
For Britain’s prime minister, Keir Starmer, the trade deal would offer vindication for his assiduous cultivation of Mr. Trump. During his visit to the Oval Office in February, Mr. Starmer…
Trump: 'Major' trade deal coming Thursday
President Trump teased a "major trade deal" to be announced Thursday, saying there will be more to come. Source link
China Is Likely to Play Hardball in U.S. Tariff Talks
By agreeing to meet with the Trump administration to discuss trade, China is seeking to cast itself as the responsible one in a bruising superpower competition that has roiled the global…
Appeals Court Orders Trump Administration to Transfer Rumeysa Ozturk Back to Vermont
By its unnecessary detention-and-transfer practice, which will likely result in more rulings against it, the Trump administration is not helping its cause. Source link
Trump replaces his nominee for surgeon general
President Trump announced that Dr. Casey Means will be nominated as the next surgeon general, and pulled the nominee whom he had previously announced for the post amid scrutiny of her…
Judge rules Trump can't use Pentagon to get around deportation restrictions
A federal judge told the Trump administration Wednesday that it cannot evade his new rules on carrying out deportations by having them done by the Defense Department rather than Homeland…
Federal Reserve keeps rates steady, defies pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, defying President Trump's demands to lower rates to ease the economy's transition under his aggressive trade agenda. Source link
The bond market is in focus as Trump and his advisers push for lower rates.
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last year. That means consumers looking to…
The Fed’s wait-and-see approach keeps tensions simmering with Trump.
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last year. That means consumers looking to…
Are We Headed for Recession? Economists Look Everywhere for Signs.
Americans are spending less at McDonald’s. Fewer container ships are expected at the Port of Los Angeles. Procter & Gamble is raising prices. Mattel is shifting production out of China.…
Are U.S. Tariffs Affecting Your Business? We Want to Hear From You.
President Trump’s trade war has created chaos for companies around the world, snarling supply chains, sowing uncertainty and muddling their ability to plan for the future. After announcing…
Why No One Can Win an Argument with Donald Trump
Self-assurance carries the day. Source link
What to Watch at the Federal Reserve’s May Meeting
The Federal Reserve is set to extend its pause on interest rate cuts on Wednesday amid concerns that President Trump’s tariffs will unleash fresh inflationary pressures while also hurting…