Justin Sun, a major investor in World Liberty Financial’s cryptocurrency, said that his coins had been “unreasonably frozen.”
Category: Trump, Donald J
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Weak Jobs Report Strengthens Case for Fed to Cut Interest Rates
A reduction at the Federal Reserve’s next meeting this month looks all but assured after August’s labor market data.
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Is Jobs Data Still Reliable? Why Economists Say Yes.
President Trump’s decision to fire the head of the Bureau of Labor Statistics has prompted questions about political interference.
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U.S. Imports Rose in July Following Months of Trade Turmoil
Data released Thursday morning showed trade rebounding slightly after President Trump’s sweeping global tariffs discouraged foreign countries from doing business with the United States.
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Wall Street’s Bet Against the Trump Tariffs
Investors are offering to buy importers’ rights to any refunds of the administration’s levies. It’s a longshot wager that courts will overturn the tariffs.
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Health Care Costs for Workers Begin to Climb
A survey shows employers expect a sharp increase in benefit costs for next year, and many will want workers to shoulder more of the burden.
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In Tariff Standoff With Trump, China Boycotts American Soybeans
U.S. farmers need to sell their incoming crop, and China needs to buy it in case its main alternative, Brazil, has a flood or drought. But their trade war prevents a deal.
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Trump Asks Supreme Court to Allow His Sweeping Tariffs
A federal appeals court had invalidated a centerpiece of President Trump’s economic strategy, finding that a 1977 law did not authorize the tariffs.
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Newsmax Accuses Fox News of Violating Antitrust Laws
The smaller outlet in conservative TV news argued in a lawsuit that Fox News had essentially created a monopoly. Fox said the case had no merit.
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Stephen Miran, Trump’s Pick for Fed, Says He Will Preserve Its Independence
Stephen Miran is scheduled to face members of the Senate Banking Committee on Thursday as the administration steps up its attacks on the Federal Reserve.
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F.D.A. Official Overruled Scientists on Wide Access to Covid Shots
The agency’s staff scientists pointed out how Covid was still unpredictable and posed a threat to toddlers, but the official decided to restrict shots only to children with risk factors.