Tariffs of the magnitude that President Trump has enacted are poised to raise inflation in the United States. Whether it will be a temporary surge or one that spirals into a more serious problem is not yet clear, echoing a similar debate that bedeviled officials at the Federal Reserve during the coronavirus pandemic. Back then, […]
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Harvard University is 140 years older than the United States, has an endowment greater than the G.D.P. of nearly 100 countries and has educated eight American presidents. So if an institution was going to stand up to the Trump administration’s war on academia, Harvard would be at the top of the list. Harvard did that […]
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The U.S. dollar extended its slide against other major currencies on Monday, the latest sign that investors may be starting to shun what has long been the safest haven in global financial markets. An index that tracks the dollar against a basket of major trading partners fell for a fifth straight day, even as U.S. […]
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Vice President JD Vance dropped the College Football Playoff national championship trophy during an event on the White House South Lawn on Monday, an ill-timed fumble that he laughed about later after it had spread across social media. As the ceremony honoring the champion Ohio State Buckeyes came to an end, Mr. Vance — a […]
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Mohsen Mahdawi, an organizer of pro-Palestinian demonstrations last year at Columbia University, was detained by immigration officials on Monday after arriving for an appointment in Vermont that he thought was a step toward becoming a U.S. citizen, his lawyers said. Hours later, Mr. Mahdawi’s mother, older sister and lawyers were scrambling to find him after […]
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The White House is planning to ask Congress to claw back more than $1 billion slated for public broadcasting in the United States, according to two people briefed on the plan, a move that could ultimately eliminate almost all federal support for NPR and PBS. The plan is to request that Congress rescind $1.1 billion […]
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The Trump administration took steps on Monday that appear likely to result in new tariffs on semiconductors and pharmaceutical products, adding to the levies President Trump has put on imports globally. Federal notices put online Monday afternoon said the administration had initiated national security investigations into imports of chips and pharmaceuticals. Mr. Trump has suggested […]
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The Trump administration could cut nearly 50 percent of the State Department’s funding next fiscal year, according to an internal memo laying out a downsizing plan being given serious consideration by department leaders, said two U.S. officials. The plan was drawn up as the White House pressures agencies to make significant budget cuts. The memo, […]
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Harvard University said on Monday that it had rejected policy changes requested by the Trump administration, becoming the first university to directly refuse to comply with its demands and setting up a showdown between the federal government and the nation’s wealthiest university. Other universities have pushed back against the administration’s interference in higher education. But […]
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Mark Zuckerberg has appeared before Congress more times than any other tech leader. He will testify again soon — as a witness in a federal antitrust trial. Cecilia Kang, a technology reporter for The New York Times, recalls some of Zuckerberg’s past congressional hearings and explains why the stakes are even higher this time. Source […]
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