Donald Trump News

Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street forecasts

Subscribe to enjoy similar stories. EVEN AS AMERICA’S relationship with China enters a new, less predictable era, Donald Trump and Xi Jinping see the value in talking. On January 17th the leaders had a “very good" phone call, wrote Mr Trump on social media.

US President Donald Trump expresses regretUS President Donald Trump expressed grief over the matter and said, “I have been fully briefed on the terrible accident which just took place at Reagan National Airport. May God bless their souls.

White House has mandated that federal employees return to in-person work by 6 February 2025. Employees who do not comply must resign under a «deferred resignation programme,» which allows them to leave with full pay and benefits until 30 September 2025. The Office of Personnel Management (OPM) confirmed that workers opting for resignation would be placed on administrative leave and would no longer be required to perform their duties.

Meta has agreed to pay $25 million to settle a lawsuit filed by President Donald Trump against the company after it suspended his accounts following the Jan. 6, 2021, attack on the Capitol, according to three people familiar with the matter.

Donald Trump on Wednesday signed the Laken Riley Act into law, giving federal authorities broader power to deport immigrants in the U.S. illegally who have been accused of crimes. He also announced at the ceremony that his administration planned to send the «worst criminal aliens» to a detention center in Guantanamo Bay, Cuba.

Donald Trump's budget office on Wednesday rescinded a memo freezing spending on federal loans and grants, less than two days after it sparked widespread confusion and legal challenges across the country.

Donald Trump's administration is offering buyouts to federal employees to quickly reduce the government workforce. They don't have a long time to decide: The deadline is February 6, as per a report.

US Federal Reserve was expected to keep its lending rate steady this time, there were chances that things could get tweaked, that could alter loan types, mortgages, credit card charges, and more. However, it now looks like, Americans may have caught a breather as the lending rates will remain unchanged for the time being, with no cuts or hikes made to it, as the US Federal Reserve has suddenly adapted to a 'wait and watch' approach to Donald Trump's economic policies.

Boeing CEO Kelly Ortberg reportedly revealed that Tesla CEO Elon Musk and the Department of Government Efficiency (DOGE) are eventually collaborating to expedite the delivery of the next Air Force One aircraft, reported Business Insider. The project which is known as the VC-25B has been totally plagued by significant challenges which includes over $2 billion in losses and substantial delays.

United States President Donald Trump’s pick to lead the Commerce Department said Mexico and Canada can avoid new tariffs due this weekend if they clamp down on border security — while also signalling that Trump is likely to impose widespread new levies to return manufacturing to U.S. soil.

The Bank of Canada cut its benchmark lending rate by 25 basis points to three per cent in a move that was widely expected by investors and economists, but what comes next is up in the air given the looming trade war with the United States.

Federal Reserve Chair Jerome Powell said Wednesday he has not spoken to President Donald Trump since the newly inaugurated president told business leaders he would demand the central bank lower interest rates.

The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it examines what is likely to be a bumpy political and economic landscape ahead. In a widely anticipated move, the central bank's Federal Open Market Committee left unchanged its overnight borrowing rate in a range between 4.25%-4.5%. The decision followed three straight cuts since September 2024 worth a full percentage point and marked the first Fed meeting since frequent Fed critic Donald Trump assumed the presidency last week and almost immediately made known his intentions that he wants the central bank to cut rates. The post-meeting statement dropped a few clues about the reasoning behind the decision to hold rates steady. It offered a somewhat more optimistic view on the labor market while losing a key reference from the December statement that inflation «has made progress toward» the Fed's 2% inflation goal.

Vivek Ramaswamy eventually discussed regarding his departure from the Department of Government Efficiency (DOGE) which he was co-leading with Tesla CEO Elon Musk under the administration of US President Donald Trump. The Hill reported that Vivek Ramaswamy claimed that his exit was actually a mutual decision which was driven by his intention to pursue elected office in the state Ohio.

Donald Trump proposed a controversial plan to scrap federal income taxes, as per a report.

Israeli Prime Minister Benjamin Netanyahu will be the very first foreign leader to visit US President Donald Trump's White House during his second term which is all scheduled for February 4 of the year 2025, reported The New Republic. In spite of facing an International Criminal Court (ICC) arrest warrant for his alleged war crimes in Gaza, Benjamin Netanyahu will meet US President Donald Trump without any sort of legal impediment.

Donald Trump has appealed his hush money conviction, seeking to erase the verdict that made him the first person with a criminal record to win the office.