Stocks rose on Thursday, extending a two-day rally as investors hope for an easing of President Trump’s trade wars and weigh comments on its impact from a Federal Reserve official. The S&P 500 gained more than 1 percent after stalling in early trading. The index has seesawed this week: Monday saw a sharp sell-off, followed
The Trump administration sent Harvard a list of demands on Thursday that would have to be met to end a government review of $9 billion the school receives in federal funding. The government announced the review earlier this week, which threatened to cancel all or some of the money as part of its campaign against
A federal judge in Northern California ordered the restoration of legal funds for migrant children who enter the United States alone, temporarily reversing a Trump administration decision last month that had left children at risk of deportation. Nonprofit groups had been fighting the decision since they received notice from the federal government on March 21
The United Kingdom, as it was in the years after Brexit, is caught between the lure of the United States and the gravitational pull of Europe. For now, Britain is hoping that the special relationship with Washington—and a few early white flags—will be enough to shield it from the worst of the Trump administration’s erratic
Fannie Mae and Freddie Mac have long been a bedrock of the American home-buying industry, turning what could otherwise be a volatile market into one that is stable and predictable for the people buying homes and the investors who purchase home loans as mortgage-backed securities. But last week, William Pulte, President Trump’s appointee to lead
Crucial elements of the new EU policy include favoring weapons production within the bloc and “like-minded third-country companies,” encouraging joint purchases of arms, making it easier to finance defense projects, focusing on key areas where the bloc has a capacity shortfall like air defense and military mobility, and slashing red tape on defense investments. Russia’s