2-1 judgment: Appeals court allows Trump admin to cut billions in foreign aid; overturns lower court ruling

A divided US federal appeals court ruled on Wednesday that the Trump administration can proceed with billions of dollars in cuts to foreign assistance programs.In a 2-1 decision, the US Court of Appeals for the District of Columbia Circuit overturned a lower court ruling that would have required the restoration of aid funds approved by […]

‘Too late’: Donald Trump slams Jerome Powell, calling him one of the ‘dumbest and most destructive’; accuses Fed chief of costing US billions

US President Donald Trump once again slammed Federal Reserve Chairman Jerome Powell, accusing him of costing the country hundreds of billions of dollars after the central bank kept the interest rates unchanged. “Too Late,” Trump tweeted, calling Powell one of the “dumbest” and most “destructive” people in government. “Too Late” Jerome Powell is costing our […]

Yale is rushing to sell billions in PE funds

Yale is rushing to sell billions in PE funds Yale University’s famed endowment has been trying to offload one of the largest portfolios of private equity investments ever in a single sale, a move that reflects the pressures on both Wall Street and higher education under the Trump administration.The Ivy League school has sought buyers […]

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