The Trump administration threatened on Thursday to withhold federal funding from public schools unless state education officials verified the elimination of all programs that it said unfairly promoted diversity, equity and inclusion. In a memo sent to top public education officials across the country, the Education Department said that funding for schools with high percentages
Reversing course, the Trump administration on Thursday restored funding for Radio Free Europe/Radio Liberty, a federally financed news organization born out of American efforts to counter Soviet propaganda during the Cold War. The decision to again support the news group, known as RFE/RL, came two days after a federal judge in Washington temporarily blocked President
World Liberty Financial, the cryptocurrency company started by Donald J. Trump and his sons, announced on Tuesday that it was planning to sell a digital currency called a stablecoin, deepening the president’s financial ties to crypto as his administration relaxes enforcement of the industry. The stablecoin would be known as USD1, the company wrote in
Columbia University agreed on Friday to overhaul its protest policies, security practices and Middle Eastern studies department in a remarkable concession to the Trump administration, which has refused to consider restoring $400 million in federal funds without major changes. The agreement, which stunned and dismayed many members of the faculty, could signal a new stage
The world’s most widely followed stock-market benchmark slid into a correction on Thursday, a drop that underscores how the two-year-long bull market is running out of steam in the early days of the Trump administration. The move stems from investors’ growing pessimism about the whipsawing policy pronouncements from Washington over the past few weeks. On-again,
President Trump made a lot of promises on the campaign trail last year. Investors and business leaders enthusiastically cheered some, like lower taxes and relaxed regulation, and expressed wariness about others, like tariffs and reduced immigration. But when Mr. Trump won the election, there was little sign of that ambivalence: Stock prices soared, as did
President Trump signed an executive order on Thursday to create a national stockpile of Bitcoin and other digital currencies, an audacious idea that has been widely criticized as a scheme to enrich crypto investors. The basis of the stockpile will be a stash of Bitcoin, estimated to be worth as much as $17 billion, that