Category: United States Politics and Government

Companies Ask Supreme Court to Fast-Track Challenge to Tariffs

Two toy manufacturers asked the court to greatly expedite their case, in an unusual request.
S&P 500 Nears a Record, But Can the Rally Last?

Investors have seemingly shrugged off trade tensions and geopolitical turmoil, but the gains in the stock market don’t tell the whole story.
Senate Republicans Propose Key Tax Tweaks to House Bill

Party lawmakers proposed changes to the tax code that could offer the greatest benefit to businesses.
Trump Official Eyes Power of Rescission to Override Congress on Spending

The president’s top aides have signaled they may seize on a timing quirk in law to cancel enacted funds, setting up a clash over the power of the purse.
South Africa Built a Medical Research Powerhouse. Trump Cuts Have Demolished It.

The budget cuts threaten global progress on everything from heart disease to H.I.V. — and could affect American drug companies, too.
Watchdog Finds Trump Administration Broke Law by Withholding Library Funds

It is the second time the nonpartisan Government Accountability Office has found the administration illegally impounded funds.
Trumps Promote American Bitcoin, a New Crypto Mining Venture

The debut of American Bitcoin, a mining firm backed by Eric Trump and Donald Trump Jr., has heightened the ethical concerns swirling around the Trump presidency.
Trump’s Trade and Tax Policies Start to Stall U.S. Battery Boom

Battery companies are slowing construction or reconsidering big investments in the United States because of tariffs on China and the proposed rollback of tax credits.
Business Lobbyists Scramble to Kill $100 Billion ‘Revenge Tax’

Critics contend that the measure will scare off the foreign investment that President Trump wants to attract.
Equipment Outages Vexed Newark Airport Controllers for Years

Records show that air traffic controllers handling Newark Liberty International Airport flights have grappled with equipment outages since at least 2023, an anxiety-causing situation they call “plug and pray.”
As Trump Returns to G7, Rift With Allies Is Even Deeper

In 2018, the president called for the group to embrace Russia and stormed out of the summit. Now he is seeking to shrink America’s military role abroad and embarking on a more expansive trade war.
‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control

Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.