For the first time since the Federal Reserve was created in 1913, a sitting president tried to remove a Fed governor. And for the first time, a court had to decide whether that could actually happen. Donald Trump’s bid to oust Federal Reserve Governor Lisa Cook hit a wall on Monday when the U.S. Court …
Trump’s Push to Remove Fed Governor Lisa Cook Stopped by Appeals Court Read More »
Markets across the Middle East swung between caution and optimism, with investors weighing U.S. interest rate cut hopes against the drag of softer oil prices and geopolitical unease. In Riyadh, the mood stayed heavy. Saudi Arabia’s benchmark slipped 0.4%, brushing against a two-year low as every sector closed in the red. Sulaiman Al Habib tumbled …
Saudi Arabia isn’t just building cities—it’s building an entire new economic future, and it wants the world’s top contractors to come along for the ride. At the Belt and Road Summit in Hong Kong, the Kingdom’s Ministry of Investment unveiled its International Contracting Office (ICO)—a central hub designed to welcome foreign contractors into one of …
Saudi Arabia is sharpening its pitch to the world’s biggest contractors, inviting them to set up shop in the Kingdom as cranes swing and mega-projects rise across its desert skylines. At the Belt and Road Summit in Hong Kong, officials unveiled the International Contracting Office (ICO) — a new gateway designed to make it easier …
Saudi Arabia Rolls Out Red Carpet for Global Builders Amid Trillion-Dollar Boom Read More »
Lebanon’s cabinet has given Elon Musk’s satellite internet venture, Starlink, the green light to operate in the country—though with strict boundaries. The licence, confirmed by the state news agency, allows Starlink Lebanon to beam internet service across the nation, but only to businesses, not households. Telecommunications Ministry spokesperson Tony Saad revealed that Starlink formally set …
Lebanon Opens Its Skies to Starlink, but Only for Corporate Users Read More »
Live Nation’s fight to shove a ticket-price lawsuit into private arbitration just hit a speed bump. A federal judge in New York has told consumers they can dig into the company’s connections with powerhouse law firm Latham & Watkins and arbitration outfit New Era, a move that could unravel the entertainment giant’s carefully laid defense. …
A fresh legal battle has erupted in Washington, where five former federal employees are challenging the U.S. Office of Special Counsel (OSC) for shutting the door on thousands of complaints tied to President Donald Trump’s sweeping purge of government staff earlier this year. Backed by the advocacy group Democracy Forward, the plaintiffs argue that OSC …
Fired Federal Workers Take Watchdog to Court Over Trump-Era Mass Dismissals Read More »
The clash between the White House and the Federal Reserve intensified Thursday as the Trump administration asked an appeals court to let President Trump remove Federal Reserve Governor Lisa Cook—despite a judge’s ruling that temporarily shielded her from dismissal. Cook’s future on the central bank’s board has become a lightning rod, with her attorneys warning …
Trump Pushes to Oust Fed Governor Lisa Cook as Court Fight Escalates Read More »
The U.S. Senate has rewritten one of its own guardrails, clearing a faster path for President Donald Trump’s nominees to secure high-level posts across federal agencies. In a 53-45 vote, Republicans pushed through a rule change that allows entire slates of executive-branch appointees to be confirmed in bulk, ending the one-by-one slog that Democrats had …
Senate Turns Up the Speed Dial on Trump’s Nominees Read More »
A federal appeals court has given the Trump administration the green light to move forward with a controversial provision that would choke off Medicaid funding to Planned Parenthood. The First Circuit Court of Appeals in Boston hit pause on a lower court order that had temporarily shielded the organization, siding instead with the government’s push …
Court Opens Door for Trump Administration to Cut Planned Parenthood Medicaid Funds Read More »
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