TikTok executives hosted happy hours and played pickleball with influencers on the French Riviera this week, even as a U.S. ban loomed over the company.
Category: United States Politics and Government
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Fed’s Interest-Rate Approach Keeps It on Collision Course With Trump
The central bank signals little urgency to cut interest rates despite demands from President Trump for lower borrowing costs.
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Record Debt Limit Increase Would Break Republican Precedent
A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.
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Trump Travel Restrictions Bar Residents Needed at U.S. Hospitals
Limits on travel and visa appointments have delayed or prevented foreign doctors from entering the country for jobs set to begin in weeks.
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New Report Highlights Air Traffic Control Staffing Woes
While faulting some towers for inefficient practices, the report recognized significant external factors and called on Congress to help address the problem.
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Fed Holds Rates Steady, but Sees Higher Inflation and Lower Growth Ahead
Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies on trade, taxes and immigration.
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The Fed Isn’t Calling It ‘Stagflation,’ but the Risks Are Rising
President Trump’s trade war is likely to lead to higher prices and slower growth, a challenging combination for the Fed. War in the Middle East could make the job harder still.
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Trump’s Trade Policies Prompt Companies to Raise Prices, Cut Staff
Consumers are starting to pull back spending as President Trump’s trade policies ripple through the economy.
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Nippon Steel Completes Its Acquisition of U.S. Steel
The deal gives the White House extraordinary control over U.S. Steel as part of a pact to alleviate national security concerns.
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Tesla’s Robotaxi, Long Promised by Elon Musk, Joins a Crowded Field
Mr. Musk says the driverless taxis could begin ferrying passengers on Sunday in Austin, Texas, where other companies already have similar cars on the road.
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As Trump Pressures Fed, He Seizes on Interest Rate Cuts by Europe and Others
President Trump has increasingly pointed to rate cuts by other central banks as he pressures Jerome H. Powell, the Fed chair, to reduce borrowing costs.
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Katie Miller’s Washington Rise Takes a Musk Detour
She is one half of a Trump-world power couple. But she’s on Team Elon. It’s gotten complicated.