Donald J. Trump
Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma
President Donald Trump arrives in the Brady Press Briefing Room at the White House on Jan. 30, 2025 in Washington, DC. Oliver Contreras | Afp | Getty Images President Donald Trump likely won’t do away with a landmark process that allows Medicare to negotiate drug prices with manufacturers, even as he moves to erase Joe […]
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Trump to announce 25% steel and aluminum tariffs in latest trade escalation
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images U.S. President Donald Trump said on Sunday that he will announce on Monday new 25% tariffs on all steel and aluminum imports into the U.S., which would come […]
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Musk calls to impeach judge whose order blocks DOGE from Treasury systems access
Elon Musk has called to impeach a federal judge in New York, Paul Engelmayer, over an order that temporarily restricts the tech centi-billionaire and his DOGE team from accessing U.S. Department of Treasury payment systems and sensitive data. Over the weekend an outraged Musk posted on X, the social network he owns, calling Engelmayer, “A […]
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Trump’s AI ambition and China’s DeepSeek overshadow an AI summit in Paris
Omer Taha Cetin | Anadolu | Getty Images The geopolitics of artificial intelligence will be in focus at a major summit in France where world leaders, executives and experts will hammer out pledges on guiding the development of the rapidly advancing technology. It’s the latest in a series of global dialogues around AI governance, but […]
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Egypt announces emergency Arab summit after Trump’s Gaza plan infuriates key allies
U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu hold a joint press conference in the East Room at the White House in Washington, U.S., Feb. 4, 2025. Leah Millis | Reuters Egypt announced Sunday that it will host an emergency Arab summit on Feb. 27 to discuss “new and dangerous developments” after U.S. […]
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Trump’s acting Consumer Financial Protection Bureau chief halts all supervision of companies
Russell Vought, President-elect Donald Trump’s pick to be director of the Office of Management and Budget, arrives for a meeting at the office of Sen. Chuck Grassley, R-Iowa, in Hart building on Monday, December 16, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images Russell Vought, President Donald Trump’s newly installed head of the […]
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Defense stocks could be caught between Trump’s trade war and big military spending plans
The second Donald Trump administration began with some aggressive moves by the U.S. president toward other world powers, but the impact of those actions on American defense companies is still up in the air. Trump’s unorthodox approach to diplomacy and a looming budget fight on Capitol Hill means defense contractors have a high degree of […]
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Trump says he’s firing Kennedy Center board of trustees members and naming himself chairman
President Donald Trump says he is firing members of the board of trustees for the John F. Kennedy Center for the Performing Arts and naming himself chairman. He also indicated that he would be dictating programming at one of the nation’s premier cultural institutions, specifically declaring that he would end events featuring performers in drag. […]
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Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril, the defense-tech startup founded by Palmer Luckey, has signed a term sheet to raise capital at a $28 billion valuation, according to people familiar with the matter. The company is planning to raise up to $2.5 billion in the round, said the people who asked not to be named because the details are confidential. […]
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Judge pauses Trump plan to put USAID staff on leave
A worker removes the U.S. Agency for International Development sign on their headquarters on Feb. 7, 2025 in Washington, DC. Kayla Bartkowski | Getty Images A federal judge on Friday said he would temporarily pause the Trump administration’s plan to place thousands of workers at the U.S. Agency for International Development on administrative leave. About 2,200 USAID employees […]
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