There are not many certainties in the world of money, but this traditionally has been one of them: When life turns scary, people take refuge in American government bonds. Investors buy U.S. Treasuries on the assumption that, come what may — financial panic, war, natural disaster — the federal government will endure and stand by […]
During his Senate confirmation hearings to be health secretary, Robert F. Kennedy Jr. presented himself as a supporter of vaccines. But in office, he and the agencies he leads have taken far-reaching, sometimes subtle steps to undermine confidence in vaccine efficacy and safety, public health experts say. Newsportual Institutes of Health halted funding for researchers […]
In Lesotho, the small southern African nation that is among the countries hardest hit by President Trump’s new tariffs, business owners were meeting on Wednesday to strategize their response. For a country with an economy worth just $2.1 billion, few options are on the table. Mr. Trump imposed a 50 percent tariff on Lesotho, owing […]
President Trump this week directed 10 federal agencies — including the Environmental Protection Agency, the Energy Department and the Nuclear Regulatory Commission — to implement a novel procedure to scrap a wide array of longstanding energy and environmental regulations. He told agencies that oversee everything from gas pipelines to power plants to insert “sunset” provisions […]
Last December, I asked my students at Wharton to nominate and vote on topics for our final class. The runaway top choice was leadership lessons from Elon Musk. It’s become a hot topic among the corporate elite, too. At a recent leadership conference, the founder of a lucrative start-up said in passing that Mr. Musk […]
The trade battle intensifies There’s no letup in sight to the trade war: This morning, China raised its tariffs on U.S. imports yet again. Beijing said it would not make economic sense to raise them further, and called the Trump administration’s dizzying tariffs barrage “a joke.” And this morning, Tesla stopped taking orders in China […]
A member of the Congressional Hispanic Caucus holds a picture of Kilmar Abrego Garcia during a news conference to discuss his arrest and deportation on Apr. 9, 2025 in Washington, DC. Alex Wong/Getty Images hide caption toggle caption Alex Wong/Getty Images A Maryland man who was wrongly deported to El Salvador is alive and still […]
Brian Wheeler Political reporter House of Commons The UK government is taking control of Chinese-owned British Steel after emergency legislation was rushed through Parliament in a single day. Business Secretary Jonathan Reynolds told MPs the government’s likely next step would be to nationalise the Scunthorpe plant, which employs 2,700 people. But he said he was […]
The timing was a bit awkward. Walmart’s investor event — which happens every two years and aims to showcase the company’s strengths and strategy for growth — also happened to fall on the same day that U.S.-imposed tariffs went into effect worldwide and a trade war heated up. As the largest retailer in the United […]
After more than a week of ratcheting up tariffs on products imported from China, the Trump administration issued a rule late Friday that spared smartphones, computers, semiconductors and other electronics from some of the fees, in a significant break for tech companies like Apple and Dell and the prices of iPhones and other consumer electronics. […]