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Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
The Federal Reserve pressed pause on interest rate cuts last month. The minutes from its January meeting suggest the hiatus is likely to be a long one.A record of...
Oz, Trump’s Medicare Nominee, Pledges to Divest Interests in Health Care Stocks
Since 2023, Dr. Mehmet Oz, the celebrity doctor nominated by President Trump to head the Centers for Medicare and Medicaid Services, has been a high-priced pitchman for iHerb, a...
Trump Urged to Halt Firings at the F.A.A.
The Trump administration is facing pressure to protect the Federal Aviation Administration from further layoffs after hundreds of workers were fired over the weekend.The job cuts were part of...
So, You Want to Get Rid of the Penny. Do You Have a Plan for the Nickel?
President Trump recently ordered the U.S. Mint to stop producing pennies, for a simple-sounding reason. Each penny, he said, has “literally cost us more than 2 cents.”He’s right. Since...
KFC to Leave Kentucky for Texas
KFC, the company so associated with Kentucky that state flags flew at half-staff when its founder Colonel Sanders died, is leaving the state.The company formerly known as Kentucky Fried...
Trump Labor Nominee Lori Chavez-DeRemer Faces Pressure at Senate Hearing
President Trump’s pick as labor secretary faced pointed questions from both parties at her Senate confirmation hearing on Wednesday over her past support for pro-union legislation, an issue that...
Bessent to Skip G20 Finance Ministers Meeting in South Africa
Treasury Secretary Scott Bessent will skip a meeting of finance ministers and central bankers from the Group of 20 nations in Cape Town next week, according to people familiar...
With Truth Social, Trump Has Official Mouthpiece and a Channel for Revenue
Anyone who wants to keep up with President Trump’s views knows to go to his Truth Social account. There, one finds his reasoning on a panoply of issues, including...
Nikola, Electric Truck Maker, Files for Bankruptcy
Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday.Founded in 2015, Nikola promised to develop long-haul...
Struggle Over Americans’ Personal Data Plays Out Across the Government
Last week, Michelle King, the acting commissioner of the Social Security Administration, sought to reassure Democrats on Capitol Hill about the presence of two of Elon Musk’s allies at...
