Category: Trump, Donald J

Republicans in Congress Show Signs of Angst Over Trump’s Trade War

Senators opposed the president’s plan to import beef from Argentina and voted three times this week to end his power to enforce sweeping tariffs.
Federal Court to Rule on Fate of Food Stamps During the Shutdown

States have sued to spare millions of low-income Americans from losing benefits starting on Saturday, after the Trump administration said it would not fund them.
Donald and Melania Trump Dress Up for Halloween — as Themselves

It’s a very effective costume.
Nvidia Uncertain if Return to China Is Closer After Trump-Xi Meeting

Amid skyrocketing demand for artificial intelligence systems, the chip-making giant has been thrust into the economic feud between Beijing and Washington.
Exxon’s and Chevron’s Profits Fall as Oil Prices Stay Low

But the companies and other large oil producers are continuing to increase production because drilling still remains profitable.
A Top Trump Official Had to Sell His Stock. He May Have Saved Millions.

Frank Bisignano, who holds top jobs at the Social Security Administration and the I.R.S., sold his stake in Fiserv before the company’s stock cratered this week.
In China Truce on Tariffs and Rare Earths, National Security Controls Are Bargaining Chip

Some analysts say Beijing won a major victory in its trade talks: Getting the U.S. to withdraw a national security measure that previously was not under discussion.
Apple’s iPhones Fuel Record Sales and Profit

The company’s revenue rose to above $100 billion in the quarter for the first time and profit soared 86 percent.
Trump Rule Could Ban Some Public Servants From Student Loan Forgiveness

A new rule could disqualify certain employers from the Public Service Loan Forgiveness program that are deemed to be engaged in “illegal activities.”
Soybean Farmers Find Relief in U.S. Trade Truce With China

President Trump said China would end its boycott and resume buying millions of tons of American soybeans.
Trump Administration Tells Court It Has Money It Can’t Spend to Prevent Food Stamp Cuts

States have sued the federal government to force the release of aid during the shutdown, with a key hearing set for Thursday.
Volkswagen, Hit by Tariffs, Reports $1.5 Billion Loss and Warns of Chip Shortage

Europe’s largest automaker said that a shortage of semiconductors could further hurt productivity.