Author: Press Room
A D.C.-based federal district judge ruled late Saturday evening that President Donald Trump’s firing of the head of the Office of Special Counsel was unlawful, keeping him in his post. The Trump administration filed their notice of appeal shortly thereafter. Hampton Dellinger, appointed by former President Joe Biden to head the Office of Special Counsel, sued the Trump administration in Washington, D.C., federal court after his Feb. 7 firing. D.C. District Judge Amy Berman Jackson wrote in the Saturday filing that the court’s ruling that Dellinger’s firing was “unlawful” is consistent with Supreme Court precedent. SUPREME COURT PAUSES TRUMP ADMINISTRATION’S EFFORT TO FIRE…
President Trump on Saturday initiated an investigation into whether imports of lumber threaten America’s national security, a step that is likely to further inflame relations with Canada, the largest exporter of wood to the United States.The president directed his commerce secretary, Howard Lutnick, to carry out the investigation. The results of the inquiry could allow the president to apply tariffs to lumber imports. A White House official declined to say how long the inquiry would take.An executive memorandum signed by Mr. Trump ordered the investigation and was accompanied by another document that White House officials said would expand the volume…
The XRP price has moved from being one of the fourth quarter’s best-performing cryptocurrencies into a top laggard in 2025. Ripple has dropped from $3.42 in January this year to $2.2 as most cryptocurrencies dropped. This article explores whether the XRP price will recover after hitting the crucial support at $1.96 last week.XRP crashes despite crucial good newsThe ongoing XRP crash happened even though Ripple experienced some important good news. First, the XRP price plunge happened as the odds of a spot Ripple ETF jumped. Several companies like 21Shares, Canary, and Grayscale have all applied for a spot XRP ETF after…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldCurrency markets are increasingly dismissive of Donald Trump’s tariff threats, raising the risk of big swings if the US president follows through on his promise to hit China, Canada and Mexico with levies next week.Trump’s proposal to bring in levies against the EU and China unsettled the euro and currencies of other US trading partners on Thursday. But the falls were less dramatic than some of the upheavals seen in recent weeks when he began spelling out his plans. Measures…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.HM Revenue & Customs is poised to drop Barclays from the line-up of lenders that provide banking services to hundreds of UK government organisations, putting an end to a 10-year agreement that has netted the bank tens of millions of pounds.The UK tax authority is set to hand a new £99mn contract to Lloyds Banking Group, according to three people familiar with the matter. It will join existing providers NatWest and Citigroup in a deal expected to be worth £334mn for the…
Organ transplant waiting lists are designed to fairly distribute organs to the sickest patients in order of priority. Or so we thought. A New York Times investigation shows that the list leaves many patients waiting for organs despite being next in line. Brian Rosenthal, a New York Times reporter, explains how this list became so unreliable.
Jim Dyson | Getty Images News | Getty ImagesCitigroup mistakenly credited a customer’s account with $81 trillion last year when it meant to send just $280.The payment, which took place last April, was missed by two employees but caught 90 minutes after it was posted, the Financial Times first reported Friday. It was reversed several hours later and reported to the Federal Reserve and Office of the Comptroller of the Currency as a “near miss.”The event is the latest mistake disclosed by the Wall Street bank, which is struggling to overcome a series of operational errors in recent years.”Despite the…
“I’m Still Here” — the Oscar best picture nominee about the murder of a Brazilian congressman by the country’s military dictatorship — concludes with a single sentence that delivers a gut punch of historical reality: The five soldiers charged in the killing were never punished because of laws granting them amnesty.Now the film could help change that.This month, Brazil’s Supreme Court unanimously decided to review whether it should revoke the amnesty of the army officers accused of killing the congressman, Rubens Paiva, and two others. That followed a December decision by one justice to recommend the removal of amnesty protections…
Harrison Ford will no longer be presenting at the Academy Awards this Sunday after he was diagnosed with shingles, according to several reports. The 82-year-old actor is doing well and resting following the diagnosis on Friday, Entertainment Weekly reported. Shingles is a painful rash illness that happens when the virus that causes chickenpox reactivates in a person’s body after they’ve had chickenpox, according to the U.S. Centers for Disease Control and Prevention. About one in three Americans will get shingles in their lifetime, and it can sometimes lead to complications like long-term nerve pain or even vision loss.HARRISON FORD DISMISSES AI’S POWER TO…
Matthew Stafford will remain in a Los Angeles Rams uniform. The two-time Pro Bowler and the Rams reached an agreement on a restructured contract earlier this week.Stafford inked a contract extension with the Rams in 2022, shortly after he led the franchise to the Super Bowl LVI title. The star quarterback had two seasons remaining on that deal, but he guaranteed money ran out after the 2025 season.The adjusted deal comes shortly after the Rams gave Stafford’s agent the green light to have discussions with other teams as the quarterback explored the market. Stafford’s wife, Kelly, took to social media…
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