This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, senior economy editor Ben Holland looks at behind the Trump administration order pausing some government spending.
President Donald Trump’s federal funding pause threatens more than $1 trillion that flows to states, cities and other local governments, putting everything from transit infrastructure to housing projects at risk.
President Donald Trump’s administration has directed all federal agencies to pause a broad swath of federal funding, an opening shot in an upcoming constitutional fight over his ability to unilaterally halt spending approved by Congress,
Six members of the US military filed a federal suit challenging President Donald Trump’s executive order banning transgender people from the armed forces, setting the stage for a new battle over LGBTQ rights.
The policies of President Donald Trump will fail to hold back progress in transitioning away from high-carbon energy sources, according to analysts at Citigroup Inc.
Copper rallied in New York and slumped in London after President Donald Trump pledged import tariffs that risk raising costs for American manufacturers while dampening global demand.
Shares in TMTG, trading under the DJT ticker symbol on the Nasdaq, are down more than 21 percent over the past five trading sessions.
The dollar strengthened against every major currency after comments on tariffs from US President Donald Trump and Scott Bessent bolstered demand for the reserve currency.
The leader of United Airlines Holdings Inc. said President Donald Trump and his incoming administration plan to address air-traffic control problems fueling flight delays that have roiled carriers in recent years.
Soybeans fell in Chicago after US President Donald Trump said he’s considering tariffs on China, stoking fresh worries of a trade war between the two biggest economies. Wheat and corn also declined.
The most coveted seat in Davos on Thursday will be in the plenary when US President Donald Trump delivers a remote address to attendees that will be piped into the main hall via a remote link.
President Trump tells reporters on Air Force One that Microsoft is the latest contender in the race to buy TikTok's US operations.