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

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” pricing […]

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

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 over […]

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

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. Trump’s […]

Supreme Court Revives Trump’s Ban on Transgender Troops

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 challenges […]

Europeans Shun Tesla, Even as Electric Vehicle Sales Rise

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 year […]

Trump Offers to Pay Immigrants Who Deport Themselves

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 immigrants […]

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

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 margins, […]

Trump Seeks to End Permanent Supportive Housing for the Chronically Homeless

While President Trump’s budget proposal seeks significant cuts in spending on homelessness programs, its larger impact would come from changes in how the money is spent. With homelessness at record levels, the plan would increase money for emergency shelters but end aid for permanent supportive housing, the focus of a decades-long movement to serve society’s […]

Justice Dept.’s Criminal Inquiry of Columbia Protesters Raised Alarms Internally

In an unusual move, Mr. Bove insisted that the prosecutors appeal the ruling to a district court judge, these people said. After weighing the request, Judge John G. Koeltl of Federal District Court of the Southern District of New York instructed the chief magistrate judge, Sarah Netburn, to reconsider the application, the people said. But […]

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