By Gram Slattery WASHINGTON (Reuters) -U.S. President Donald Trump called Federal Reserve Chair Jerome Powell to the White House on Thursday for their first face-to-face meeting since he took office in January and told the central bank chief he was making a “mistake” by not lowering interest rates. Both the White House and Fed confirmed …
Trump summons Fed’s Powell, tells him he’s making a mistake on rates Read More »
By Jasper Ward (Reuters) -Bernard Kerik, who was hailed for his role in leading the New York City Police Department during the September 11, 2001, attacks but later went to prison for tax evasion, died on Thursday at the age of 69. His death followed a private battle with illness, FBI Director Kash Patel said. …
Bernie Kerik, New York City’s 9/11 police chief who fell from grace, dies at 69 Read More »
(Reuters) -U.S. President Donald Trump on Thursday criticized a trade court decision that said he had exceeded his authority in imposing his most sweeping tariffs, calling it wrong and that he hoped the Supreme Court would overturn the decision. “The ruling by the U.S. Court of International Trade is so wrong, and so political! Hopefully, …
Trump says court ruling on tariffs was wrong, hopes Supreme Court will reverse it Read More »
WASHINGTON (Reuters) -U.S. President Donald Trump praised Elon Musk on Thursday and said he will hold a press conference with the billionaire, whose tenure in the administration is ending, on Friday at 1:30 p.m. EST (1730 GMT) in the Oval Office. “This will be his last day, but not really, because he will, always, be …
Trump calls Musk “terrific” and announces press conference with him Friday Read More »
WASHINGTON (Reuters) -U.S. President Donald Trump on Thursday announced his intention to nominate Paul Ingrassia to lead the U.S. Office of Special Counsel. In a post on Truth Social, Trump praised Ingrassia for doing “a tremendous job” in his current role as White House liaison for homeland security. “As Special Counsel, my team and I …
Trump taps Paul Ingrassia to head US Office of Special Counsel Read More »
By Stephen Nellis BERKELEY, California (Reuters) -The U.S. Department of Energy on Thursday said its “Doudna” due in 2026 will use technology from Nvidia and Dell. The computer, named for Nobel Prize-winning scientist Jennifer Doudna who made key CRISPR gene-editing discoveries, will be housed at Lawrence Berkeley National Laboratory in Berkeley, California. At an event …
Nvidia, Dell to supply next US Department of Energy supercomputer Read More »
By Nate Raymond BOSTON (Reuters) -A federal judge said on Thursday she would extend an order blocking President Donald Trump’s administration from immediately revoking Harvard University’s ability to enroll international students, a victory for the Ivy League school that is entangled in multiple battles with the administration. U.S. District Judge Allison Burroughs in Boston announced …
Judge blocks Trump ban on Harvard’s international students Read More »
By Luc Cohen NEW YORK (Reuters) -A grand jury has indicted a 37-year-old cryptocurrency investor accused of kidnapping a business partner in Manhattan’s upscale Soho neighborhood for three weeks, shocking him with electric wires, and dangling him over a staircase to try to get him to give up his Bitcoin password, prosecutors said on Wednesday. John …
Man charged in New York with 3-week kidnapping to try to steal Bitcoin Read More »
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new applications for jobless benefits increased more than expected last week and the unemployment rate appeared to have picked up in May, suggesting layoffs were rising as tariffs cloud the economic outlook. The report from the Labor Department on Thursday showed a surge in applications …
US labor market showing cracks; corporate profits post largest drop since 2020 Read More »
By Ted Hesson WASHINGTON (Reuters) -The Trump administration is removing two senior immigration enforcement officials as the White House is demanding a sharp increase in arrests of migrants in the U.S. illegally, three people familiar with the move said on Thursday. Top U.S. Immigration and Customs Enforcement officials Kenneth Genalo and Robert Hammer will be …
Trump administration ousts top ICE officials amid migrant arrest push Read More »
