The billionaire has made clear he is frustrated with the obstacles he encountered as he tried to upend the federal bureaucracy.
Month: May 2025
Trump Tariffs Blocked by U.S. Court of International Trade
The U.S. Court of International Trade said the president had overstepped his authority under the federal emergency powers law he invoked.
Tom Robbins, Versatile Muckraker for The Village Voice, Dies at 76
He exposed corrupt officials and greedy landlords, and his reporting on prison violence was a finalist for the Pulitzer Prize.
U.S. Pauses Exports of Jet Engine Technology and Chip Software to China
President Trump has stopped some critical products and technologies made only in the United States from flowing to China, flexing the government’s power over global […]
New Generation Is Loving Steve Madden After His ‘Cutting Room Floor’ Podcast
The shoe designer has had his share of controversies, but his blunt answers on a podcast have made him a man of the moment. “It’s […]
Nvidia’s Revenue Jumps to $44.1 Billion Despite A.I. Chip Controls
The company continued to grow fast in its most recent quarter despite new rules restricting the sale of A.I chips to China.
British Retailer M&S Says Cyberattack Will Cost It $400 Million
The company also said it would take several more weeks to resolve issues relating to the attack, which came to light last month.
Fed ‘Well Positioned’ to Wait on Rate Cuts Even as Economic Risks Rise, Minutes Show
Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the economic outlook.
UK Authorizes Rape and Human Trafficking Charges Against Andrew and Tristan Tate
The charges include allegations of human trafficking and assault, and come after a separate criminal inquiry in Romania.
Trump’s Tariffs Turn Porsche’s Headwinds Into a ‘Violent Storm’
The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to grapple with tariffs from the […]