A federal judge on Friday temporarily halted the Trump administration’s efforts to dismantle Voice of America, the government-funded international broadcaster whose prospective demise has alarmed advocates for press freedoms. The judge, J. Paul Oetken of the U.S. District Court in Manhattan, ruled from the bench during a hearing on a lawsuit filed by Voice of … Read more
Years before President Trump returned to the White House, his budget chief, Russell T. Vought, began mapping out a plan to shrink the federal government. In Mr. Vought’s design, spending would be slashed by about $9 trillion over the next decade. Entire federal programs — from housing vouchers to student loans — would be eliminated. … Read more
Concerns about inflation and weak consumer sentiment dragged down the stock market on Friday, as Wall Street keeps struggling to assess the path forward for the U.S. economy with the full impact of President Trump’s tariffs looming. The S&P 500 inched down at the start of trading, after the Federal Reserve’s preferred inflation measure came … Read more
Trevor Milton, who was convicted by a federal jury in 2022 of defrauding investors in the electric truck maker Nikola, has received a pardon from President Trump, the White House confirmed. Mr. Milton, who founded and is the former chief executive of Nikola, was sentenced to four years in prison and fined $1 million after … Read more
More than a month after Washington and Kyiv first haggled over a deal to grant the United States a major stake in Ukraine’s mineral, oil and gas development projects, the two sides are back to square one in the negotiations. Washington has sent Kyiv a new proposal that restates the sweeping financial demands from an … Read more
Big as the U.S. stock market is, it isn’t the only place to trade stocks. Markets in Europe, Asia and Latin America have been outpacing the U.S. market in 2025. The DAX index, which tracks 40 of Germany’s most important stocks, was up nearly 15 percent for the year, led by Rheinmetall, Europe’s biggest ammunition … Read more
Are there still options to lower my 2024 taxable income? If you qualify, you can make tax-deductible contributions to an individual retirement account or a health savings account by the April 15 tax deadline and have them apply to tax year 2024, said Eva Simpson, vice president of member value, tax and advisory services with … Read more
Americans hoping for some relief on inflation suffered a setback in February, as new data showed underlying price pressures intensifying even before the latest escalation in President Trump’s trade war. The Personal Consumption Expenditures price index, after stripping out volatile food and energy items, climbed 2.8 percent in February from a year earlier, outpacing January’s … Read more
The canary in the coal mine CoreWeave just pulled off the first big initial public offering this year — and the results were far from heartening. The company, which rents computing power to the artificial intelligence industry, shrank its I.P.O. far below initial expectations before Friday’s anticipated trading debut. That’s even after Nvidia, which owns … Read more
Three years later, Khadija Zaidi-Rashid still remembers the screams of other passengers, the unsettled expression on the flight attendant’s face and the helplessness she felt holding her infant on her lap. Dr. Zaidi-Rashid, 34, then a doctoral student, was flying from Washington to Doha, Qatar, with her mother and two children when their airplane encountered … Read more