Dollar Tree sells Family Dollar to a capital management partnership for $1 billion
Dollar Tree said Wednesday it is selling its Family Dollar division to a partnership of Brigade Capital Management and Macellum Capital Management for just over…
Judge rules DOGE’s USAID dismantling likely violates the Constitution
WASHINGTON — A federal judge ruled Tuesday that the dismantling of the U.S. Agency for International Development likely violated the Constitution and blocked billionaire Elon Musk’s Department…
Column: Nothing efficient about Musk and Trump’s toxic lack of empathy
I don’t know how Democratic Arizona Sen. Mark Kelly got my phone number, but a text from him landed the other day with a thud.“Elon…
Trump’s tariffs may end up blowing up the US dollar hegemony | Business and Economy
United States President Donald Trump’s second term in office has launched with a whirlwind of changes to the status quo in Washington, DC, and to…
U.S. Olympic athletes will earn $100K in retirement benefits per Games
For many U.S. Olympic athletes, going for gold can also mean going broke as they shell out thousands of dollars for elite coaching and equipment…
L.A. County sues Southern California Edison over Eaton fire
Los Angeles County sued Southern California Edison on Wednesday over its role in the devastating Eaton fire.The lawsuit is the latest to allege that Edison’s…
Mexicans react to Trump’s tariffs
MEXICO CITY — One day after President Trump’s sweeping tariffs took effect, ending decades of free trade across North America, Mexicans reacted with a mix of fear…
Dollar Bears Seize on Notion of Crumbling US Exceptionalism
Breadcrumb Trail LinksPMN BusinessPresident Donald Trump’s tariff threats once again lifted the dollar last week, but a growing group of investors is betting against the…
Judge gives Trump administration 2 days to release billions of dollars in blocked foreign aid
WASHINGTON — A federal judge on Tuesday gave the Trump administration less than two days to release billions of dollars in U.S. foreign aid, saying the administration…
Iconic car firm ‘on brink of collapse’ could be merged with billion dollar tech giant that makes Apple’s iPhones
AN iconic car firm "on the brink of collapse" could be merged with a billion dollar tech giant that makes Apple's iPhones.Struggling Nissan is still…
Dollar Reprieve Brings Global Funds Back to Emerging-Asia Stocks
Breadcrumb Trail LinksPMN BusinessInvestors are warming up toward Asian emerging-market stocks as the dollar’s rally pauses and US President Donald Trump’s initial tariff onslaught proves…
Weaponization of Dollar: The Growing Trend Towards De-dollarization
After the end of World War II, the U.S. dollar has been the world’s most important currency as it is the most widely used currency…
California officials detail Trump funding freeze ‘chaos,’ warn another could cripple state
Maricela Ramirez was at an education conference in Washington, D.C., at the end of January when she and other attendees heard the startling news: Federal…
Rise of Dollar Forwards Builds Risk for Asia’s Central Banks
Breadcrumb Trail LinksPMN BusinessCentral banks across Asia are increasingly using derivatives to protect their currencies against a strong dollar, raising questions over how long they…
Appeals court won’t halt judge’s order that Trump unfreeze federal cash
WASHINGTON — A federal appeals court on Tuesday refused to immediately halt a judge’s order requiring the Trump administration to release billions of dollars in federal grants…
Trump administration is pulling almost all USAID workers off the job worldwide
WASHINGTON — The Trump administration says it is pulling almost all U.S. Agency for International Development workers off the job and out of the field worldwide, moving…
Trump threatens leaders at World Economic Forum in Davos with tariffs
WASHINGTON — President Trump addressed the World Economic Forum by video Thursday, talking about his election win, denigrating his predecessor and threatening to impose tariffs on…
Euro falls to its lowest level in two years against the dollar
The euro declined further against the US dollar to a fresh low in over two years amid concerns about the Eurozone’s economy, Trump’s tariffs, and…
Three ways cutting the IRS will hurt the U.S. economy
Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in…
Canadian dollar falls below 70 cents US
Article content“I think it’s largely political risk weighing on the loonie (today),” Nick Rees, a senior FX market analyst at MonFX Pte Ltd., a Singapore-based…