US President Donald Trump has halted the enforcement of an anti-corruption law that allows the prosecution of Americans accused of bribing foreign officials. The law has been in place for around 50 years and prohibits US firms from trying to retain or win new business with other countries by bribing government figures. “It’s going to […]
A federal judge ordered the Trump administration to hold off on a plan that would cut $4 billion in federal funding for research at the nation’s universities, cancer centers and hospitals. The funds disbursed by the National Institutes of Health cover the administrative and overhead costs for a vast swath of biomedical research, some of […]
Feb 11, 2025, 05:23 AM ET Former Spanish football federation boss Luis Rubiales told a court on Tuesday that he asked player Jenni Hermoso if he could kiss her before doing so after the World Cup victory in 2023. Rubiales and the other three defendants are accused of trying to downplay the kiss on player […]
Wall Street has not typically been accused of doing too much for women and minority groups. The financial services industry, after all, is one in which more major banks are named after the Morgan family than led by a female chief executive. So it meant something over the past half-decade or so when the biggest […]
Jerome H. Powell, chair of the Federal Reserve, signaled little urgency to lower interest rates with the economy sturdy and inflation still too high in a hearing with lawmakers on Tuesday. Mr. Powell, who is testifying before the Senate Banking Committee, confronts a far different economic and political landscape than when he last appeared before […]
US President Donald Trump has signed an executive order ending a US government effort to replace plastic straws with paper. The order, which takes effect immediately, reverses a measure signed by former President Joe Biden, who had called plastic pollution a “crisis”. Last week, Trump – who sold branded plastic straws during his 2020 election […]
NEW ORLEANS — The second Patrick Mahomes interception, right before halftime of a Super Bowl that was already slipping away, left no doubt about what the Kansas City Chiefs must do to stabilize a dynasty shaken by the Philadelphia Eagles in the Superdome. We’ll get to that soon enough, but with Kansas City suffering a […]
We have spent much of the past 24 hours on the telephone trying to get to the bottom of Elon Musk’s hostile bid for Sam Altman’s OpenAI. It was a development in their corporate battle (or soap opera) that few could have seen coming. Altman, who is in Paris at an A.I. summit, hadn’t even […]
Dharshini David Chief Economics Correspondent BBC President Trump’s sweeping set of tariffs are intended, in part, to protect American industries, raise money and – as we’ve seen – be used as a bargaining chip. The Republican has already imposed tariffs on imports from China, announced plans for a 25% duty on all steel and aluminium […]
Narumon Bowonkitwanchai/Getty Images By now, many economists are hoarse screaming that higher tariffs and a trade war will raise prices and hurt the U.S. economy. But many Americans aren’t listening. A recent poll by Quinnipiac University, conducted in late January, found that 42% of Americans believe tariffs will help the U.S. economy. The United States’ […]