After nearly a decade of expensive, hit-and-miss investments, Mohammed bin Salman is overseeing a behind-the-scenes restructuring of the kingdom’s all-important wealth fund.
Category: Trump, Donald J
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December Rate Cut in Doubt as Fed Fault Lines Deepen, Minutes Show
The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation.
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After Shutdown, Labor Department Says Some Data is Gone for Good
Surveys were delayed and some cannot be collected at all, officials said, further complicating the Federal Reserve’s decision on interest rates next month.
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The C.E.O.s Who Came to Dinner (With the Saudi Crown Prince)
The presence of business leaders at a White House event for Crown Prince Mohammed bin Salman underscores a deepening of U.S. and Saudi ties.
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Trump Berates Reporter Who Asked About Journalist Killed by Saudis
“It’s not the question that I mind; it’s your attitude,” the president told Mary Bruce of ABC News, as the Saudi crown prince looked on. He also criticized ABC.
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Trump Says America Is in ‘Golden Age,’ Straining to Address Affordability
Speaking at a gathering of McDonald’s franchise owners and operators, the president boasted that he had “normalized” inflation.
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U.S. Fraud Case Against Indian Tycoon Adani at a Standstill
The case against Gautam Adani, the infrastructure titan and a close associate of Prime Minister Narendra Modi, has stalled with no sign of progress.
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Trump Family’s Business Ties to Saudi Arabia Raise Ethics Worries
President Trump will host Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler, who oversees a major construction project that is in talks with the Trump family business.
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The Fed Is Cutting Bank Oversight. Critics See Risks.
The regulator is cutting staff and easing oversight in ways that critics say might make supervisors less equipped to spot a crisis in advance, risking deeper damage to the economy.
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Trump Project in Maldives Opens More Doors for Cryptocurrency Investors
The Trump Organization and its Middle East development partner have announced a project in the Maldives that marries two of the family’s most successful moneymaking enterprises.
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High Beef Prices? Trump Official Blames Biden and Migrants.
Treasury Secretary Scott Bessent said migrants were bringing sick cows across the border, snarling beef supply chains.
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A Bailout May Come Too Late as Farmers Begin to Plan for Next Year
It could be months before they receive aid, well after the winter period when they talk to their bankers and make decisions about the planting ahead.