A Florida bank announced Thursday that it has closed down former President Trump’s account, joining a growing list of entities that have cut ties with the former president following the deadly Jan. 6 Capitol riot.
Four years after he kicked off the Trump presidency by lying angrily about the size of the inauguration crowd, the former press secretary Sean Spicer has applied to join the White House press corps.
The dollar fell to a more than two-year low on Monday and is set to log its largest monthly fall since July, as a combination of vaccine optimism and bets on more monetary easing in the United States drives investors out of the world’s reserve currency.
The Fox News host Tucker Carlson has been mocked for his attempt to explain why he could not produce some documents he had promised relating to Joe Biden. He said the only copy of the papers, which he claimed added to claims about Biden’s son Hunter, had been lost.
The Securities and Exchange Commission (SEC) has awarded a whistleblower more than $114 million, the agency announced Thursday, its highest ever reward for information that led to a successful crackdown. The whistleblower was awarded $52 million for aiding the SEC and another $62 million for helping another unidentified agency with a related enforcement action.
President Donald Trump abruptly ended a solo interview with CBS News' "60 Minutes" Tuesday and did not return for an appearance he was supposed to tape with Vice President Mike Pence, according to multiple sources familiar with what happened. After camera crews set up at the White House on Monday, Trump sat down with host Lesley Stahl for about 45 minutes on Tuesday before he abruptly ended the interview and told the network he believed they had enough material to use, according to two sources.
Friede Springer schenkt dem Vorstandsvorsitzenden von Axel Springer (WELT, „Bild“), Mathias Döpfner, einen großen Teil ihrer Anteile an dem Medienkonzern. Im Gespräch mit der Deutschen Presse-Agentur haben die beiden diesen Schritt erläutert und erklärt, was noch kommen wird.
The already vast fortunes of America’s 643 billionaires have soared by an average of 29% since the start of the coronavirus pandemic, which has at the same time laid waste to tens of millions of jobs around the world. The richest of the superrich have benefited by $845bn , according to a report by a US progressive thinktank, the Institute for Policy Studies. The report calculated that 643 billionaires had racked up $845bn in collective wealth gains since 18 March.
Senate Republican leaders don’t yet have 51 votes to confirm President Trump’s controversial pick to the Federal Reserve, Judy Shelton, whose nomination is facing strong opposition from prominent economists.
Tesla shares tumbled Tuesday, after Elon Musk’s electric vehicle maker was left out of the S&P 500 by the committee that decides on new additions to the index.
Jeffrey Goldberg, editor-in-chief of The Atlantic, said his magazine's story about Trump calling Americans who died in battle "losers" and "suckers," was just the tip of the iceberg.
The row over Donald Trump’s alleged remarks denigrating American soldiers has now seen the US president target one of his core areas of support as he called for a Fox News journalist who reported details of the scandal to be fired.
The Trump administration has ordered the closure of Stars and Stripes, a newspaper that has served US armed forces since 1861, according to a Pentagon memo obtained by USA Today.
It may seem counterintuitive that a pandemic-fueled recession could lead to a bullish housing market. But a combination of trends has resulted in a buying frenzy.
The federal deficit is expected to reach a record $3.3 trillion this year, more than twice the largest level on record, but lower than earlier estimates, according to new Congressional Budget Office (CBO) projections.
Hackers have stepped up efforts to knock Trump campaign and business websites offline ahead of the U.S. election, in what a security firm working for the campaign said could be preparation for a larger digital assault, according to emails seen by Reuters.
The rightwing Fox News host Tucker Carlson has defended the actions of a 17-year-old who was arrested and charged with murder after two people were killed in Kenosha, Wisconsin, as white vigilante agitators shot at Black Lives Matter protesters.
MSNBC host Joe Scarborough had two words to describe Melania Trump’s speech at the Republican National Convention: “Absolutely shameless.”
Wall Street and business groups are bracing for the possibility of a blue sweep in Washington that would leave Democrats in charge of the White House and both chambers of Congress.
TikTok plans to sue the Trump administration as early as next week over the president’s executive order banning U.S. transactions with the popular video-sharing app and its Chinese parent ByteDance, the company confirmed.
The attorney general, William Barr, told Rupert Murdoch to “muzzle” Andrew Napolitano, a prominent Fox News personality who became a critic of Donald Trump, according to a new book about the rightwing TV network.
President Donald Trump on Wednesday promoted a boycott of Goodyear, angrily reacting to a viral company policy that banned employees from wearing “MAGA Attire.”
Valued around $10.5 billion ahead of direct listing
As Palantir gears up for its stock market debut, the company has a long way to go to convince potential shareholders that it’s worth the $20 billion price tag that investors gave it almost five years ago. Palantir held a virtual event for investors on Wednesday. The company, whose software helps government agencies and large corporations make sense of vast amounts of data, also released an updated prospectus, indicating that the number of shares outstanding increased in the third quarter, to 1.64 billion from 1.53 billion in the prior period.
Employees may wear Black Lives Matter pins
American Airlines will permit its employees to wear Black Lives Matter pins while on the job, a spokesperson confirmed on Tuesday. Several Black employees of American Airlines asked if they could wear Black Lives Matter pins after seeing workers at other airlines wearing them. “In light of the appropriate attention to lives of Black Americans, we will allow team members who wish to wear a Black Lives Matter pin to do so if they choose,” American Airlines announced.
Failure to take down Kenosha militia group
Mark Zuckerberg acknowledged that Facebook failed to take down a page and event calling for an armed response to anti-police brutality protests in Kenosha, Wis., despite users reporting them. The Facebook CEO said during a Q&A with employees Friday that was later posted onto this public page that “it was largely an operational mistake. It's because the team that enforces our policy against dangerous organizations is a specialized team,” he explained.
U.S. consumer spending rose more slowly
U.S. consumers boosted their spending in July, but more slowly than in prior months as new coronavirus infections rose and the expiration of enhanced unemployment checks loomed. Spending numbers have come back more than the economy as a whole, with the help of a lot of fiscal support. The question going forward is as fiscal support wanes, to what extent will it weaken.” Personal-consumption expenditures, a measure of household spending on everything from haircuts to new cars, increased a seasonally adjusted 1.9% in July from the prior month, the Commerce Department said Friday.
Weekly jobless claims jump back above 1 million
The number of people filing for unemployment benefits last week was greater than expected, raising concern about the state of the economy as lawmakers struggle to move forward on a new coronavirus stimulus package. The Labor Department said initial jobless claims for the week ending Aug. 15 came in at 1.106 million. Economists polled by Dow Jones expected a total of 923,000. Initial claims for the previous week were also revised higher by 8,000 to 971,000. Last week’s spike in claims came as Democrats and Republicans struggle to move forward on a new coronavirus stimulus bill.