Judge Says Trump Can’t Fire Chair of Federal Workers Board Without Cause

A federal judge on Tuesday blocked the Trump administration from firing Cathy Harris, the chair of an independent board that protects government workers from political discrimination and unfair labor practices, including wrongful termination. The order was the second time a judge had sided with a government watchdog who sued to prevent their own removal. Lawsuits … Read more

Judge Says Trump Can’t Fire Chair of Federal Worker Board Without Cause

A federal judge on Tuesday blocked the Trump administration from firing Cathy Harris, the chair of an independent board that protects government workers from political discrimination and unfair labor practices, including wrongful termination. The order was the second time a judge had sided with a government watchdog who sued to prevent their own removal. Lawsuits … Read more

What is Trump’s Crypto Reserve Plan?

The crypto market gives and takes: After President Trump’s plan for a national crypto reserve drew backlash from both Republicans and investors, the prices of digital tokens that would be involved soared higher — and then tumbled. (Bitcoin was trading at about $83,800 early on Tuesday, down nearly $10,000 from a day ago.) The plan … Read more

Stocks Slump as Trump Tariffs Take Effect

Global stock markets and shares in European carmakers tumbled on Tuesday as President Trump’s broad tariffs against Canada, Mexico and China came into effect. European stocks slumped as investors weighed the prospects of a global trade war after China and Canada quickly retaliated with tariffs of their own. U.S. futures signaled that the S&P 500 … Read more

Europe Warily Watches U.S.-China Trade War

Europe was not directly targeted in the wave of U.S. tariffs that took effect on Tuesday, but the effects are being felt here. Keyu Jin, a professor at the London School of Economics, said that tit-for-tat tariffs would not necessarily lead to less global trade, but a “fragmentation and regionalism” that forges new blocs aiming … Read more

Trump’s Tariffs Hit Stock Markets

Not just tough talk President Trump wasn’t bluffing, after all. Global markets plunged on Tuesday after U.S. tariffs went into effect on roughly $1.5 trillion worth of imports from Canada, Mexico and China, with another, and even broader, wave set to kick in as soon as next week. China and Canada have already responded, with … Read more

Stocks and Mexican Peso Slump as Trump Tariffs Take Effect

Global stock markets and shares in European carmakers tumbled on Tuesday as President Trump’s broad tariffs against Canada, Mexico and China came into effect. European stocks slumped as investors weighed the prospects of a global trade war after China and Canada quickly retaliated with tariffs of their own. U.S. futures signaled that the S&P 500 … Read more