Trump administration questions automatic back pay for furloughed US employees
OMB draft says shutdown back pay isn't automatic, putting pay for up to 700,000 furloughed federal employees at risk.
Trade & Policy
Get the latest on international trade agreements, tariffs, and economic policy decisions.
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Trump Administration Questions Automatic Back Pay for Furloughed US Employees
Trump's administration proposes no automatic back pay for furloughed federal employees post-shutdown.
World Bank raises China growth forecast to 4.8% despite U.S....
World Bank raises China's 2025 growth forecast to 4.8%, aligning closer to China's 5% target.
Trump’s pharmaceutical tariff threat loses bite after Pfizer deal reassures...
Pfizer's $70 billion U.S. investment deal exempts it from tariffs, boosting drugmaker stocks.
Bitcoin rallies to within 1% of all-time high, gaining safe-haven...
Bitcoin nears record high as U.S. government shutdown boosts its safe-haven appeal.
Foreign investors eye China once again — but capital controls...
China's capital controls and policy risks deter foreign investors despite its economic size.
Trump’s pharmaceutical tariff threat loses bite after Pfizer deal reassures...
Trump's deal with Pfizer exempts it from tariffs, boosting drugmaker stocks.
Dollar falls on U.S. government shutdown, now on pace for...
The dollar index fell 0.2% to 97.61, marking its biggest annual loss since 2003.
White House crypto adviser Bo Hines announces departure
Bo Hines leaves his role as head of Trump's Council of Advisers on Digital Assets.
Confused and concerned, CEOs get to grips with Trump’s new...
U.S. tariffs now exceed 17%, the highest since 1935, causing confusion among CEOs.