Trump Pardons Trevor Milton, Founder of Bankrupt Truck Maker Nikola
Trevor Milton, who was convicted by a federal jury in 2022 of defrauding investors in the electric truck maker Nikola, has received a pardon from President Trump, the White House…
How a Crypto Craze Swept An Argentine Town
At a backyard barbecue in San Pedro, Argentina, last May, Rafael Flaiman spotted a friend wearing a light blue blazer that looked a little too snazzy for the occasion. He…
Xi Jinping Meets Global Business Leaders Amid Trade Tensions
Xi Jinping, China’s top leader, met with executives of Saudi Aramco, BMW, Toyota Motor, FedEx and dozens of other foreign companies at the Great Hall of the People in Beijing…
Auto Stocks Tumble After Trump’s Tariffs Announcement
Shares in automakers around the world wobbled on Thursday after President Trump announced plans to impose a 25 percent tariff on imported cars and some parts beginning next week. The…
US Debt Will Mean ‘Significant Risks’ for Economy, Budget Office Says
It attributed some of the problem to an aging population, as more seniors receive retirement payments from Social Security and health insurance through Medicare. Congressional analysts anticipate that the demand…
Trump Auto Tariffs: How Major Car Brands Would Be Affected
The tariffs on cars and auto parts that President Trump announced on Wednesday will have far-reaching effects on automakers in the United States and abroad. But there will be important…
Trump Threatens Europe and Canada if They Band Together Against U.S.
President Trump said in a middle-of-the-night social media post early Thursday that he would come after the European Union and Canada if they banded together to “do economic harm” to…
Trump Floats Chinese Tariff Cuts in Exchange for TikTok Deal
President Trump on Wednesday raised the possibility that he could relax steep upcoming tariffs on China in exchange for the country’s support on a deal to sell TikTok to a…
Tariffs Could Give Tesla and Musk a Leg Up on Rivals
Tesla could be a winner from the auto tariffs announced by President Trump on Wednesday — or at least suffer less than its competitors. Tesla, whose chief executive, Elon Musk,…
U.S. Could Run Out of Cash by May, Budget Office Predicts
The U.S. could run out of money to pay its bills by late May if Congress does not raise or suspend the nation’s debt limit, the Congressional Budget Office said…