US Justice Department accuses judge reviewing Trump transgender military ban of misconduct
Trump last month issued an executive order barring transgender people from serving in the military, saying they do not meet the high standards demanded of servicemembers. The ban is one of several ...
US judge leery of Trump administration's defense of federal funding freeze
U.S. District Judge John McConnell during a hearing in Providence, Rhode Island, seemed skeptical of a U.S. Department of Justice lawyer's claim that federal agencies have broad discretion to pause ...
Under Trump, consumer watchdog drops case against online lender
(Reuters) - The U.S. Consumer Financial Protection Bureau, which President Donald Trump has moved to abolish, told a court on Friday it was dropping a lawsuit against the online lending platform Solo ...
Trump says he is considering merging US Postal Service with Commerce Department
WASHINGTON (Reuters) - President Donald Trump said on Friday he was considering merging the U.S. Postal Service with the U.S. Commerce Department, a move Democrats said would violate federal law.
Trump says he will impose retaliatory tariffs for digital taxes, may come Friday
The memo directs the U.S. Trade Representative's office to renew digital service taxes investigations that were initiated during Trump's first term, and investigate any additional countries that use a ...
OpenAI removes users in China, North Korea suspected of malicious activities
(Reuters) - OpenAI has removed accounts of users from China and North Korea who the artificial intelligence company believes ...
Moody's upgrades Magnite's corporate family rating to B1, maintains stable outlook
The upgrade in Magnite's CFR is a reflection of its strong operating performance and improving credit profile, supported by a 10% organic revenue growth through September 30, 2024, and expanding free ...
Gray Media's IDR downgraded by Fitch due to high leverage
Fitch Ratings has lowered Gray Media, Inc.'s Long-Term Issuer Default Rating (IDR) to 'B-' from 'BB-', citing high leverage and reduced prospects for deleveraging in 2025, a non-political year. Gray's ...
Stock market today: S&P 500 in bloodbath as economic jitters intensify
Investing.com - The S&P 500 slumped Friday, ending the week with a loss as soft data flagging worries about the economy triggered a sea of red of across stock. At 4:00 p.m. ET, the 30-stock Dow Jones ...
IRS blocks Musk aide from accessing taxpayer data
(Reuters) - The U.S. Internal Revenue Service has blocked a key aide to tech billionaire Elon Musk from accessing individual taxpayer returns or other personal information as part of a deal signed ...
Trump, Musk slashing of government draws backlash, even among some Republicans
At a town hall in his conservative northern Georgia district on Thursday, Republican U.S. Representative Rich McCormick (NYSE ...
Senator questions legality of firing FTC Democrats
Despite this, Trump has attempted to exert influence over independent agencies, and the acting solicitor general has argued that the protections for the FTC should be overturned. Trump's actions have ...