Trump Administration Cuts Additional $450 Million in Grants to Harvard

[ad_1] The Trump administration on Tuesday canceled an additional $450 million in grants for Harvard University, a fresh broadside in the clash between the federal government and the oldest university in the country. There were no new accusations leveled at Harvard in a statement announcing the latest cuts, issued by the administration’s task force on […]

Does the United States ‘Need’ Canada? What to Know.

[ad_1] President Trump had one big question on his mind as Canadian Prime Minister Mark Carney headed to Washington last week. “I very much want to work with him, but cannot understand one simple TRUTH,” Mr. Trump said in a social media post, reiterating several of ways he believes Canada benefits unfairly from its trade […]

Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay

[ad_1] President Trump will sign an executive order on Monday aimed at lowering some drug prices in the United States by aligning them with what other wealthy countries pay, he said on Truth Social on Sunday evening. The proposal he described, which alone cannot shift federal policy, is what he calls a “most favored nation” […]

USPS Selects FedEx Board Member, David Steiner, as Next Postmaster General

[ad_1] Postal Service leaders on Friday selected David Steiner, a member of FedEx’s board, to be the country’s next postmaster general, a choice that critics fear could expedite the Trump administration’s push to privatize the independent agency. Mr. Steiner, who also served as president and chief executive of Waste Management Inc., is set to take […]

Fed Officials Stick to Cautious Message on Rate Cuts Despite Pressure From Trump

[ad_1] Officials at the Federal Reserve on Friday showed little sign of deviating from their message that there is no urgency to lower interest rates, despite a claim by President Trump that there is “no inflation.” A solid economy affords the central bank the flexibility to wait and see what the economic impact of Mr. […]

Supreme Court Revives Trump’s Ban on Transgender Troops

[ad_1] The Supreme Court ruled on Tuesday that the Trump administration may start enforcing a ban on transgender troops serving in the military that had been blocked by lower courts. The ruling was brief, unsigned and gave no reasons, which is typical when the justices act on emergency applications. It will remain in place while […]

Europeans Shun Tesla, Even as Electric Vehicle Sales Rise

[ad_1] Tesla sales in Germany and Britain fell to their lowest point in more than two years in April, cementing a wider trend of Europeans shunning the U.S. automaker, despite growing demand for battery-powered vehicles in Europe. Registrations of new Tesla vehicles dropped nearly 46 percent in Germany and 62 percent in Britain from a […]

Trump Offers to Pay Immigrants Who Deport Themselves

[ad_1] The Trump administration is offering a cash stipend and travel home to undocumented immigrants who willingly leave the United States, officials said on Monday, its latest effort to increase deportations. The policy, which will offer $1,000 and a flight home to each immigrant who leaves, is part of the Trump administration’s push to persuade […]

China’s Garment Factories Face a Tipping Point After New Tariffs

[ad_1] Liu Miao has sold clothing on Amazon to wholesale buyers in the United States for the past five years. That trade has come to an abrupt stop. Mr. Liu owns a small factory in Guangzhou, long the center of China’s highly competitive garment industry. He and other factory managers, already dealing with tight profit […]