Tag Archives: Trump

The Justice Department on Thursday accused three of the nation’s largest health insurers of paying hundreds of millions of dollars in illegal kickbacks over several years to insurance brokers that steered people into private Medicare plans. Federal prosecutors also accused two of the insurers of colluding with brokers to discriminate against people with disabilities, by discouraging enrollment in the private …

Health Secretary Robert F. Kennedy Jr. announced a plan that would require placebo-controlled studies for all new vaccines, surprising some experts who noted that such testing already routinely took place. In a statement, Andrew Nixon, a spokesman for the Department of Health and Human Services, said that “all new vaccines will undergo safety testing in placebo-controlled trials” before approval, and …

The Trump administration has halted $1 billion for mental health services for children, saying that the programs funded by a bipartisan law aimed at stemming gun violence in schools were no longer in “the best interest of the federal government.” Lawmakers authorized the money in 2022 after a former student opened fire at an elementary school in Uvalde, Texas, killing …

General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump administration’s tariffs would increase its costs by $4 billion to $5 billion this year. In a conference call with analysts, G.M. executives said the company now expects to make $8.2 billion to $10.1 billion this year, down from a previous …

The first 100 days of President Trump’s second term have been a whirlwind of action, with the imposition of steep tariffs worldwide, the detention of immigrants and deep cuts to the federal work force. The New York Times has been talking with a group of voters who all cast their ballots in last November’s election with some trepidation. While they …

President Trump’s 100th day in office started with what seemed to be a fresh and fast-escalating spat between the White House and Amazon. Karoline Leavitt, the White House press secretary, came out swinging in her press briefing on Tuesday morning, accusing Amazon of being “hostile and political” after a report — disputed by the company — from Punchbowl News saying …

The labor market remained sound in March, with job openings declining but layoffs remaining near record lows, while rates of new hiring were slow but steady, according to data released by the Bureau of Labor Statistics on Tuesday. The numbers from last month are a snapshot of the state of the U.S. economy and labor market before the start of …

Trump’s tumultuous start When President Trump took office in January for his second term, business leaders anticipated an administration that would lower taxes, loosen regulations and open up deal-making. Instead, Wall Street got chaos. The president has taken a cudgel to global trade with enormous tariffs, threatened the independence of the Fed and made the landscape for M.&A. more uncertain. …

On April 1, the Trump administration’s effort to slash government funding arrived in Morgantown, W.Va., where federal scientists spent their days studying health and safety threats to American workers. That morning, hundreds of employees at the National Institute for Occupational Safety and Health were notified that they were being terminated and would lose access to the building. Left behind were …

The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car parts to give automakers more time to relocate production to the United States. Tariffs of 25 percent on imported vehicles and on auto parts will remain in place. But the tariffs will be modified so that …