Category: Trump, Donald J

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.
Why Investors Seem Underwhelmed by the Trump-Xi Meeting

The highly anticipated event covered a lot of ground on tariff and trade barriers, but questions remain about reaching a lasting accord.
China’s Pause on Rare Earth Controls: What to Know

China has suspended export controls announced this month, but was conspicuously silent about rules imposed earlier, which are snarling global supply chains.
Trump and Xi, Hoping to Ease Trade War, Agree to 1-Year Truce

China agreed to suspend for a year some of its limits on exports of rare earth metals, while the U.S. halved its fentanyl-related tariffs.
As Trump Weighs Sale of Advanced A.I. Chips to China, Critics Sound Alarm

The president signaled he would discuss the sale of Nvidia’s Blackwell chips in a summit on Thursday, a move U.S. officials warned would be a “massive” national security mistake.