US-China Tariff Pause Spurs Stock Market Surge
The S&P 500 logged its biggest gain in over a month after American and Chinese officials signaled a de-escalation in the trade war between the world’s two largest economies.
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Trump Administration Considers Large Chip Sale to Emirati A.I. Firm G42
The firm, which the U.S. government scrutinized for its ties to China, is angling for hundreds of thousands of advanced artificial intelligence chips in a deal that could be finalized this week.
Officials Are Denied Access to Library of Congress After Trump Names New Boss
A brief standoff unfolded on Capitol Hill after library workers turned away two top Justice Department officials installed by Todd Blanche, the deputy attorney general, who has been named acting librarian.
Republicans Want Budget Cuts, but Not the Political Consequences
With a crucial week looming in the House, the G.O.P. is groping for ways to achieve savings without provoking a political backlash. It’s a little tricky.
Trump Signs Executive Order Asking Companies to Lower Drug Prices
The president has long complained that the United States pays more for medicines than other wealthy countries. But he offered no clear legal authority to mandate lower prices.
Trump Family Bitcoin Company Announces Plan to Go Public
American Bitcoin, a cryptocurrency firm co-founded by Eric Trump, said it was merging with a company traded on the Nasdaq, the latest expansion of the family’s investments in crypto.
E.U. Leaders Demand Russia Accept Ukraine Cease-fire by End of Day
European leaders threatened new sanctions unless Moscow accepted a cease-fire right away. President Trump seemed to endorse the idea of a meeting between Ukraine’s and Russia’s presidents, and said he might take part.
Fed Official Still Bracing for Economic Slowdown Despite China Tariff Pause
Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House’s trade policy.
India and Pakistan Hold Talks Aimed at Extending Cease-Fire
Civilian airports were reopened and stocks jumped in both nations, signs of confidence that the agreement to halt the most alarming fighting in decades was holding.
Cuomo Loses $622,000 Over Concerns of Improper Super PAC Coordination
The New York City Campaign Finance Board withheld the funds after concluding that former Gov. Andrew M. Cuomo most likely coordinated ad language with a super PAC.