Change in stock indexes since Inauguration Day Source: LSEG Data & Analytics Note: Data is through Feb. 28. During his first term, President Trump regularly took credit for a booming stock market, citing soaring share prices as a measure of his success in office. And after his election victory in November, he pointed to the … Read more
President Trump’s escalating initiative to drastically cut the federal work force has reached the Social Security Administration, a crucial program that keeps millions of older Americans out of poverty, which said on Friday that it would reduce its head count by more than 12 percent. The Social Security Administration, which sends about 73 million retired … Read more
For days, Attorney General Pam Bondi had talked about releasing the “Epstein files,” supposedly secret documents the federal government has on some of the powerful men who were in the orbit of the disgraced financier Jeffrey Epstein. But the roughly 200 pages of documents that Ms. Bondi released on Thursday contained little new information pointing … Read more
Senior leadership at the Guggenheim will not be taking pay cuts, according to a museum spokeswoman, Tina Vaz. The cuts are spread over six departments, including advancement, education, publications and archives, but do not affect curators and top executives. Additionally, the museum’s chief curator, Naomi Beckwith, who is organizing two major exhibitions in Europe for … Read more
Federal student loan borrowers are temporarily unable to apply to income-driven repayment plans, a decades-old safety net which ties their monthly loan payment size to household income levels, as the U.S. Education Department reviews a recent federal court ruling. The department closed applications to the repayment plans last week after the U.S. Court of Appeals … Read more
A year ago, France embarked on an ambitious goal: To craft the world’s widest ranging ban on the use of harmful “forever chemicals” in everyday products. On Friday, that effort culminated in a national ban on PFAS that environmental and health experts hailed as a big step forward, with one notable exception. After campaigning by … Read more
Mr. Schwarz says on his website biography that he lives in the Midwest. (A P.O. box in Ringwood, Ill., is listed on the People’s Union USA website.) On social media, he goes by TheOneCalledJai and has directed supporters of his organization to follow his personal accounts under the same name as he sells merchandise and … Read more
The stock market’s shine in the wake of President Trump’s election wore off in late February, with the new administration’s early economic policy priorities and weak consumer sentiment making investors uneasy. Stocks climbed to new highs in the immediate aftermath of Mr. Trump’s win, as traders geared up for lighter regulation and tax cuts — … Read more
After nearly a decade of trying, Apple finally gave up its effort to produce an electric car last year, canceling a project that soaked up $10 billion. But last year in China, the electronics maker Xiaomi launched its first electric car after just three years of development and delivered 135,000 vehicles. It has vowed to … Read more
President Trump’s promise during last year’s election to make it far easier to drill for oil and gas thrilled energy executives who believed his policies would lower their costs and help them make a lot more money. Those hopes are now fading. Thanks to Mr. Trump’s tariffs, the oil and gas industry is contending with … Read more