Reuters US Business

By Raphael Satter WASHINGTON (Reuters) -President Donald Trump has ordered federal workers to return to the office five days a week and weakened job protections for civil servants, the first salvoes in his campaign to gut the federal bureaucracy. The one-two punch would force large numbers of white-collar government employees to forfeit remote working arrangements, …

Trump orders federal workers back to office, weakens job protections Read More »

By Elizabeth Howcroft, Rae Wee and Michelle Conlin PARIS/SINGAPORE (Reuters) -U.S. President Donald Trump’s new crypto token soared to more than $10 billion in market value on Monday, while enthusiasm over his crypto-friendly administration helped briefly lift bitcoin to a new record. Launched Friday night, Trump’s so-called “memecoin” surged from less than $10 on Saturday …

Trump’s new meme coin soars on his first day in office, lifts other tokens Read More »

By David Shepardson WASHINGTON (Reuters) -U.S. President Donald Trump on Monday took aim at electric vehicles, revoking a 2021 executive order signed by his predecessor Joe Biden that sought to ensure half of all new vehicles sold in the United States by 2030 were electric. Biden’s 50% target, which was not legally binding, had won …

Trump revokes Biden 50% EV target, freezes unspent charging funds Read More »

WASHINGTON (Reuters) – U.S. President Donald Trump on Monday said he was thinking of imposing 25% tariffs on imports from Canada and Mexico because they were allowing many people to cross the border as well as fentanyl. He said the action could come on Feb. 1. He said he had spoken with Canadian Prime Minister …

Trump says he’s thinking of 25% tariffs on Mexico, Canada Read More »

WASHINGTON (Reuters) – U.S. President Donald Trump on Monday signed an executive order seeking to delay by 75 days the enforcement of a ban of popular short-video app TikTok that was slated to be shuttered on Jan. 19. The order directs the attorney general to not enforce the law “to permit my administration an opportunity …

Trump signs TikTok order delaying ban of app Read More »

By Jody Godoy WASHINGTON (Reuters) -Lina Khan, who until Monday was an aggressive enforcer of antitrust law as the head of the U.S. Federal Trade Commission (FTC) under former President Joe Biden, will resign from the commission in the coming weeks, she told staff in a memo. Khan challenged numerous mergers during her tenure, while …

Biden’s US FTC chair to resign commission in coming weeks, memo says Read More »

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets.  The first full day of financial market trading in U.S. President Donald Trump’s second term in office is set to get off to a strong start on Tuesday, with Trump’s seemingly more measured approach to tariffs giving investor sentiment an instant …

Morning Bid: Trump’s tariff caution slams dollar, lifts stocks Read More »

By Chris Prentice (Reuters) -Newly sworn-in President Donald Trump has tapped Mark Uyeda, a Republican member of the U.S. Securities and Exchange Commission, to be acting chair of the agency, the White House said on Monday. Uyeda takes over from Gary Gensler, former President Joe Biden’s hard-charging SEC chair whose ambitious agenda led him to …

Trump taps Republican Uyeda as acting SEC chair, White House says Read More »