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Posts published in “Business”

Prince Andrew Will No Longer Be A ‘Prince,’ Buckingham Palace Says

Topline The British monarchy will remove Prince Andrew’s title of “prince,” Buckingham Palace said in a statement Thursday that said he will now be known as Andrew Mountbatten Windsor, as the now-former royal deals with the fallout from his past relationship with convicted sex offender Jeffrey Epstein. Key Facts This is a breaking story and

Noem Denies Pritzker’s Request For Halloween Pause On Chicago ICE Raids

Topline Illinois Gov. JB Pritzker asked federal officials to pause immigration enforcement operations in the state for the upcoming weekend after a neighborhood raid in Chicago allegedly led to tear gas being deployed near a Halloween children’s parade, but Homeland Security Secretary Kristi Noem said her agents will do no such thing. Key Facts Noem

Judge Blocks Trump Administration From Blocking Food Stamps

Topline A federal judge ruled Friday the Trump administration cannot stop food stamp benefits despite the ongoing government shutdown and must tap emergency funds, according to multiple outlets, making his ruling a day before the benefits are slated to expire. Key Facts Rhode Island District Judge John McConnell blocked the suspension of the Supplemental Nutrition

Trump Hails ‘Amazing’ Meeting With Xi-Outlines Trade Truce Details

Topline President Donald Trump said his face-to-face meeting with Chinese counterpart Xi Jinping was “amazing” and both countries had agreed to certain concessions to ease trade tensions, including a reduction of the fentanyl-related tariffs on China and a pause on Beijing export controls on critical rare earth minerals. Key Facts Trump and Xi met face-to-face

Senate OKs Resolution To End Trump’s International Tariffs

Topline The Senate passed legislation Thursday that seeks to block President Donald Trump’s global tariffs, a largely symbolic victory for bipartisan critics of the president’s trade agenda. Key Facts The resolution was passed in a 51-47 vote, with Sen. Rand Paul, R-Ky., Sen. Mitch McConnell, R-Ky., Sen. Susan Collins, R-Maine, and Sen. Lisa Murkowski, R-Alaska

Government Shutdown Could Cost U.S. Economy Up To $14 Billion, CBO Says

Topline A report released by the Congressional Budget Office on Wednesday shows spending loss from the government shutdown will cost the U.S. between $7 billion to $14 billion in gross domestic product—the latest of many economic ails from the closure. Key Facts The CBO, a nonpartisan federal agency that provides budget and economic information to