Politics
Social Security Rolls Back Restrictions on Filing for Benefits by Phone
The Social Security Administration said on Tuesday that people seeking retirement or survivor benefits could continue to file applications…
Tag
United States Politics and Government
Business
Trump’s Encouragement of Stock Investors Draws Scrutiny
President Trump began his Wednesday with some advice for those rattled by his steep tariffs. “BE COOL,” Mr. Trump told his followers on…
Politics
House Strikes Down $5 Overdraft Fee Limit, Sending Issue to Trump
The House of Representatives on Wednesday approved resolutions striking down a $5 cap on most bank overdraft fees and overturning a rule…
Politics
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
President Trump on Wednesday abruptly reversed course on steep global tariffs that have roiled markets, upset members of his own party and…
Politics
Top Pro Bono Leader Resigns from Paul Weiss, a Firm Hit in Trump’s Crackdown on Big Law
The leader of the pro bono practice at Paul, Weiss, Rifkind, Wharton & Garrison is resigning from the law firm, within weeks of the elite…
Business
CNBC and Fox Business See Viewership Soar Amid Market Chaos
The plunge in the financial markets has caused a boost for financial news. Viewership of Fox Business and CNBC, the cable news channels…
News
Oil Prices Tumble as China-U.S. Tariffs Weaken Economic Confidence
U.S. oil prices bounced back to around $62 a barrel on Wednesday afternoon, more than erasing earlier losses after President Trump said he…
Business
Delta Warns Trump’s Trade War Could Lead to a Recession
Delta Air Lines on Wednesday became one of the largest American companies to warn that President Trump’s escalating trade war was weighing…
Politics
Bond Sell Off Raises Questions About U.S. Safe Haven Status
A sharp sell-off in U.S. government bond markets has sparked fears about the growing fallout from President Trump’s sweeping tariffs and…
Politics
China Hits Back Again at Trump, Bringing New Tariffs on U.S. Goods to 84%
Beijing on Wednesday aimed the latest blow in the escalating trade war between the United States and Washington, with plans to raise new…
Politics
U.S. Bond Sell-Off is Another Worrisome Echo of the Liz Truss Fiasco
The parallels between President Trump and Liz Truss, Britain’s shortest-serving prime minister, are growing starker. Ms. Truss triggered…
Politics
E.U. Officials Set to Vote Today on First Retaliatory Tariffs
The European Union plans to vote on Wednesday afternoon on its first retaliation measures in response to President Trump’s tariffs, moving…
Politics
Jared Isaacman, Trump’s Pick to Lead NASA, Calls Mars a Priority in Confirmation Hearing
NASA will prioritize sending American astronauts to Mars, President Trump’s nominee to lead the space agency will tell a Senate committee…
Politics
How Trump’s TikTok Negotiations Were Upended by China and Tariffs
Last Wednesday, the Trump administration believed it had a plan to save TikTok. ByteDance, TikTok’s Chinese owner, along with some of its…
Politics
Another Law Firm Braces for Possible Blowback From Trump
As a partner at Cadwalader, Wickersham & Taft, Wall Street’s oldest law firm, Todd Blanche had represented people close to President Trump…
Politics
Trump and Paramount Agree on Mediator in ‘60 Minutes’ Lawsuit
Paramount and President Trump are poised to begin mediation in his $20 billion lawsuit against CBS News, according to two people with…
Politics
Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
President Trump’s plan to impose sweeping tariffs on most of America’s trading partners has governments across the globe racing to…
Business
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
President Trump’s wave of tariffs threatens to bring both short-term economic pain, including lower growth, and long-term damage to…
Business
Does Trump Have an ‘Off Ramp’ From His Trade Fight?
No letup in sight Frenzied selling is gripping global markets for a third straight session, with the S&P 500 and Nasdaq futures deeply in…
Business
Trump’s Trade War Raises Bar for Fed Rate Cuts
President Trump’s global trade war has significantly raised the bar for the Federal Reserve to lower interest rates, as tariffs risk…
Politics
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
U.S. oil prices fell sharply, briefly dipping below $60 a barrel on Sunday — their lowest level in almost four years — as the economic…
Business
Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
There was little rest on Wall Street this weekend. There was plenty of anger, anxiety, frustration, and fear. Anger at President Trump for…
Politics
For Republicans, Tariffs Pose a Risk Like No Other
The time after a presidential election can feel like a moment of clarity. The results, after all, are finally in. But over the last two…
Politics
Republicans Want to Make the Trump Tax Cuts Last Forever
When Republicans cut taxes in the past, they did so only temporarily, bowing to Washington’s arcane budget rules that limited how much…