Category: United States Politics and Government

Deepfake Laws Bring Prosecution and Penalties, but Also Pushback

Dozens of A.I.-related regulations enacted in the past two years now lead to fines, incarceration and legal challenges from the likes of Elon Musk.
Laurene Powell Jobs Cuts 10% of Jobs at Emerson Collective

Ms. Powell Jobs has privately said her philanthropy needed to practice more austerity, according to people who heard her remarks.
How ‘No Tax on Tips’ Would Affect Waiters, Drivers and Diners

Proposed changes making their way through Congress would benefit many employees, but some details are still in flux.
Republican Bill Could Set Off Global Tax Fight

Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.
Bruce Springsteen Releases EP Including Remarks That Angered Trump

After Bruce Springsteen criticized the Trump administration on tour, the president said he should “KEEP HIS MOUTH SHUT.” Instead, Mr. Springsteen included his comments on a new release.
Trump’s Tax Policy Collides with Market Reality

Another spike in Treasury bond yields puts lawmakers in a tricky spot as they push for big cuts that could drastically swell America’s debt pile.
Why Trump’s ‘Big, Beautiful’ Tax Bill Is Worrying Bond Investors

Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.
Los Angeles Mayor Seeks to Lure Filming Back by Cutting Red Tape

With film and TV production in Los Angeles down by roughly one-third in recent years, Mayor Karen Bass took steps to make it easier to shoot at top locations.
G7 Officials Gather Amid Headwinds From Trump’s Trade War

Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.
Trump’s Pick to Lead I.R.S. Promoted a Nonexistent Tax Credit

Billy Long’s effort to promote the credit, along with his pushing of a fraud-ridden pandemic-era tax break, will be under close scrutiny during his Senate confirmation hearing.
Senate Advances Crypto Regulation Bill With Bipartisan Support

Democrats who had sided with the rest of their party last week to block the measure over concerns that President Trump could benefit dropped their objections. They argued that regulating the industry was urgent.
Trump Berates Walmart and Mattel for Warning About Tariff Price Increases

The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers.