U.S. President Donald Trump and New York Attorney General Letitia James. Brian Snyder | David Dee Delgado | Reuters A top federal prosecutor in Virginia is resisting pressure from President Donald Trump to seek a criminal indictment of New York Attorney General Letitia James, a longtime antagonist of Trump, MSNBC reported Monday. The prosecutor, Elizabeth…
Soldiers march during a military parade to commemorate the U.S. Army’s 250th Birthday in Washington, D.C., U.S., June 14, 2025. Nathan Howard | Reuters As the government shutdown drags on with little hope of a quick resolution, a situation involving the U.S. military could push the warring factions in Washington to come to an agreement….
US Senate Majority Leader John Thune, Republican from South Dakota, speaks to reporters outside of his office at the US Capitol, on the second day of the US government shutdown in Washington, DC, on October 2, 2025. Andrew Caballero-Reynolds | Afp | Getty Images The Senate is set to vote again on Monday on a…
US President Donald Trump signs executive orders relating to higher education institutions, alongside US Secretary of Education Linda McMahon (R), in the Oval Office of the White House in Washington, DC, on April 23, 2025. Saul Loeb | Afp | Getty Images The Trump administration has resumed forgiving student debt for some borrowers enrolled in…
U.S. Speaker of the House Mike Johnson (R-LA) and U.S. House of Representatives Democratic Leader Hakeem Jeffries (D-NY). Tom Williams | Michael A. McCoy | Reuters Top House Democratic Rep. Hakeem Jeffries on Monday challenged Republican House Speaker Mike Johnson to a live public debate about the government shutdown. “Given the urgency of the moment…
White House National Economic Council Director Kevin Hassett walks towards the West Wing following a television interview outside the White House on September 5, 2025 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump could “start taking sharp measures” on Monday if the government shutdown continues after the Senate’s next votes on stopgap…
White House National Economic Adviser Kevin Hassett talks to reporters on the West Wing driveway at the White House in Washington, D.C., U.S., August 27, 2025. Jonathan Ernst | Reuters White House National Economic Council Director Kevin Hassett said Sunday that layoffs for federal employees will begin if President Donald Trump decides that congressional negotiations to end the government…
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness,” Charles Dickens famously wrote. That aptly captures the dislocation between political events and market action as we go into the next week. The U.S. government shutdown has stoked worries about its…
The U.S. Capitol is seen on the second day of the federal government shutdown on October 2, 2025, in Washington D.C. Mehmet Eser | Anadolu | Getty Images The shutdown of the federal government is likely to worsen the delays student loan borrowers are already facing in accessing programs required by Congress and mandated in…
GM Hummer EV production in Detroit. Photo by Jeffrey Sauger for General Motors DETROIT — Shares of the Detroit automakers closed higher Friday following an afternoon report that President Donald Trump is considering “significant tariff relief” for the production of vehicles in the U.S. Stocks for General Motors, Ford Motor and Chrysler parent Stellantis shifted…
