How President Trump Caused Market Chaos

The tit for tat over President Trump’s tariffs has caused volatility in the stock market and panic on trading desks across Wall Street. Joe Rennison, a markets reporter for The New York Times, walks us through the president’s first 100 days by looking at the S&P 500, a benchmark for the U.S. stock market. Source […]

Trump Is Ousting Michael Waltz, His National Security Adviser

President Trump is ousting his national security adviser, Michael Waltz, and another senior member of the White House’s foreign policy team, the first significant personnel overhaul of top aides in his second term, according to people familiar with the situation. Mr. Waltz had been on thin ice since he organized a group chat on the […]

Why Trump Sees Himself as a Man of Destiny

In the opening chapter of this new term, President Trump has moved with almost messianic fervor to transform America from top to bottom and exact retribution against enemies at the same time. Peter Baker, the chief White House correspondent of The New York Times, surveys Mr. Trump’s first 100 days. Source link

Republicans Freeze House Efforts to Compel Information From Trump

House Republicans on Tuesday quietly closed off a way for members of Congress to force votes demanding information from the Trump administration, the latest instance of the G.O.P. preemptively ceding the legislative branch’s powers to avoid challenging President Trump. The move temporarily blocked an effort by Democrats on the Armed Services Committee to compel the […]

What to Know About Trump’s Crypto Company

President Trump’s cryptocurrency firm has eroded the boundary between private enterprise and government policy in ways without precedent in American history. David Yaffe-Bellany, a technology reporter for The New York Times covering the crypto industry, describes how it works. Source link

Canadian Snowbirds Bought Into the American Dream in Palm Springs. Was It a Mirage?

On the night of the 2024 presidential election, Ken James, a retired engineer from Calgary, Alberta, was at his second home in Palm Springs, Calif., watching with dismay as the results rolled in. Mr. James, 68, called his wife back in Calgary. “If he gets back in, I’m selling,” he recalled her saying of Donald […]

Trump Signs Executive Order Targeting University Accreditors, and Other Education Orders

President Trump on Wednesday signed an executive order targeting college accreditors, a group of largely unknown but long-established companies that evaluate the educational quality and financial health of universities. The order, one of seven education-related measures he signed on Wednesday, was the latest move by Mr. Trump aimed at shifting the ideological tilt of the […]

Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’

Treasury Secretary Scott Bessent on Wednesday called for major overhauls to the missions of the International Monetary Fund and the World Bank but said that the United States remained committed to maintaining its leadership role at the global economic institutions. The comments, made at a speech on the sidelines of the spring meetings of the […]

Trump Administration Continues to Defy Judge’s Orders in Abrego Garcia Case, Lawyers Say

Continuing a pattern of stonewalling, the Justice Department has defied a judge’s order to explain what the Trump administration has done, and plans to do, to seek the release of a Maryland man who was wrongfully deported to El Salvador last month, according to court papers filed on Tuesday. In refusing to reveal much of […]

Schumer Asks for Documents That Prove a Claim on DOGE’s Website

Elon Musk’s Department of Government Efficiency has posted an online “the Wall of Receipts,” to provide the proof behind its claims to have cut billions from the federal budget. But one of the most important receipts is missing. The group says that it saved $318,310,328 by canceling a “request for proposal” that the Office of […]