The White House on Tuesday said that President Trump, while in Saudi Arabia, had secured $600 billion in deals with the Saudi government and firms. But the details the White House provided were vague and totaled less than half that number. And a closer look at the projects the administration …
There are not many certainties in the world of money, but this traditionally has been one of them: When life turns scary, people take refuge in American government bonds. Investors buy U.S. Treasuries on the assumption that, come what may — financial panic, war, natural disaster — the federal government …
A foul cell in a Moscow detention center was about the last place an American businessman named Michael Calvey expected to find himself after spending 25 years building a flourishing venture capital firm in Russia that transformed some tech startups into global brands. First, beefy agents from the F.S.B., the …
The United States is cutting almost all its spending on aid. The biggest loser will be Africa. For years, sub-Saharan Africa has received more U.S. aid money than any other region — except for 2022 and 2023, when the United States came to Ukraine’s aid after the Russian invasion. In …
When President Trump threatened tariffs on Canada, Mexico and China in January, saying those countries needed to do more to stop the flow of drugs and migrants into the United States, Canadian and Mexican officials raced to Washington, bearing charts and videos detailing their efforts to toughen their borders. Canada …
President Trump’s plan to sell green cards for $5 million each, a program he is calling a “gold card,” has largely been met with a shrug. It’s not clear exactly how the program would work, if it’s legal or how many potential immigrants would really pay $5 million for a …
At the United States Agency for International Development, thousands of workers have been fired or put on administrative leave and many of its projects addressing global issues like health, hunger and education have been halted. Now, a former Goldman Sachs analyst and son of a private equity billionaire has ambitions …
President Trump’s tough talk on China typically centers on tariffs. But a closer look at the decisions he has made since taking office shows that the president is considering a far wider set of economic restrictions on Beijing, ones that could hasten America’s split from a critical trading partner. The …
Kremlin officials are dangling the prospect of lucrative investment deals for American energy companies, apparently seeking to convince President Trump that large economic gains could come from siding with Moscow in ending the war in Ukraine and scrapping economic sanctions on Russia. There is no doubt that Russia has vast …
Funds from the world’s richest nation once flowed from the largest global aid agency to an intricate network of small, medium and large organizations that delivered aid: H.I.V. medications for more than 20 million people; nutrition supplements for starving children; support for refugees, orphaned children and women battered by violence. …