The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.An Intel chip-making site in Chandler, Ariz. If the deal goes through, the government’s stake in the company would be worth $8.9 billion.
Jensen Huang, Nvidia’s chief executive, said he plans to ask the Trump administration’s permission to sell a more powerful chip to Chinese companies.Jensen Huang, Nvidia’s chief executive, said he had “worked quite hard” to secure export licenses from the Trump administration to ship A.I. chips to C
The move comes weeks after the agency drafted a preliminary report contradicting President Trump’s contention that U.S. strikes had “obliterated” nuclear sites in Iran.On Friday, the Pentagon fired Air Force Lt. Gen. Jeffrey Kruse, the head of the Defense Intelligence Agency.
It is not clear what evidence the authorities have that John Bolton mishandled classified information, but President Trump’s efforts to punish rivals immediately stoked questions about the investigation.The scene outside John R. Bolton’s home in Bethesda, Md., on Friday morning.
An investigation seeks to determine whether Mr. Bolton illegally shared or possessed classified information, according to two people familiar with the case.Journalists outside the home of John R. Bolton, President Trump’s former national security adviser, in Bethesda, Md.
The president focused on cities like Los Angeles and Washington as he deployed federal troops and railed against crime. But on Friday, in reference to San Francisco, he said, “We’ll clean that one up, too.”San Francisco voters have veered to the middle in recent elections and have chosen more modera
The transcripts and audio, covering two days of discussions between Ms. Maxwell and Todd Blanche, the Justice Department’s No. 2, are likely to raise as many questions as they answer.Ghislaine Maxwell disputed the official narrative on only one point — the government’s finding that Jeffrey Epstein’s
In a courthouse interview with the deputy attorney general, Ms. Maxwell, who has been convicted of sex trafficking, maintained that President Trump and other famous figures were not involved.Ghislaine Maxwell, with Jeffrey Epstein in an image used as evidence at her trial. The Justice Department and
The G.O.P. chairman of a key House panel was forced to issue the subpoena after a few Republicans banded together with Democrats to push it through.The action on the subpoena was one of the last things lawmakers did before leaving Washington for their August recess.
Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank lowers borrowing costs at its next meeting in September.The speech delivered by Jerome H. Powell, the Federal Reserve chair, during an annual economic conference in Jackson, Wyo.,
Trump administration officials have accused the Federal Reserve governor of mortgage fraud and called for her to resign.President Trump said Friday that he would fire Lisa Cook, a Federal Reserve governor, if she didn’t resign.
The map’s passage was a major victory in President Trump’s push to get Republican state leaders to help his party keep control of the U.S. House.The new lines on Texas’ congressional districts were drawn to deliver Republicans up to five U.S. House seats.
As a handful of states have made moves and begun discussing redrawing their maps, here’s what’s at stake.
As President Trump asks Republican-led states to redraw congressional maps, some Indiana conservatives are pushing back. “They should leave it alone,” one legislator said.Lt. Gov. Micah Beckwith of Indiana at a town-hall meeting on Wednesday in Newburgh, Ind.
The bus, which was carrying 54 people to New York City from Niagara Falls, veered off the New York State Thruway near Buffalo.The scene of a fatal tour bus crash on the New York State Thruway near Pembroke, N.Y.
For Americans, the price of eggs became a rallying cry for consumers beaten down by high prices. For Italians, it’s the cost of beach umbrellas.The beach of Santa Marinella, north of Rome, in 2024.
Shortly after, the Trump administration informed his lawyers that it might re-deport Mr. Abrego Garcia to Uganda within three business days, people familiar with the matter said.Simon Sandoval-Moshenberg, a lawyer for Mr. Abrego Garcia, speaking outside the U.S. District Court for Maryland last mont
The State Department offered few details about its plans for the 55 million visa holders, and it was unclear if it was culling travel documents, or making less drastic changes.Passengers following signs to complete their immigration procedures at Newark Liberty International Airport in Newark, N.J.,
A federal judge had ordered that much of the Florida immigration detention center be dismantled, a ruling Gov. Ron DeSantis called “preordained.”“This is not going to deter us,” Gov. Ron DeSantis said of the judge’s ruling on the immigration detention center. “We’re going to continue working on the
Mayor Eric Adams defended his administration and his re-election bid on Friday amid corruption charges against some of his closest allies.“I’m never going to quit on the City of New York,” Mayor Eric Adams said Friday at a news conference.
The city’s corruption once had ambition to match its soaring skyscrapers. Indictments this week described cut-rate schemes with far lower returns — and there was that cash in a potato-chip bag.City Hall, prosecutors say, has been run like a business. Of a sort.
The order to stop construction on Revolution Wind off the coast of Rhode Island is part of a campaign against renewable energy.Rotor blades and tower sections for the Revolution Wind offshore turbine farm on a pier in New London, Conn., in November.
The recent F.B.I. search of John Bolton’s home makes clear that President Trump is perverting the justice system to intimidate his critics.
It isn’t just members of the MAGA faithful who are feeling let down.
