A Washington court has thrown the brakes on Donald Trump’s bid to remove Federal Reserve Governor Lisa Cook, marking an early clash between the White House and the central bank that could reshape the boundaries of its independence. U.S. District Judge Jia Cobb ruled that Cook will stay in office while the case unfolds, rejecting …
Judge Halts Trump’s Attempt to Oust Fed Governor Lisa Cook Read More »
Two of the world’s heavyweight private equity players, Permira and Blackstone, are taking a $525 million minority stake in Property Finder, Dubai’s homegrown real estate classifieds giant. The deal reshuffles the investor line-up: longtime backer General Atlantic is trimming its position but staying on board as a key shareholder. For Property Finder, the move opens …
Permira and Blackstone Bet Big on Dubai’s Property Finder With $525 Million Deal Read More »
Saudi Arabia’s sovereign wealth machine, the Public Investment Fund (PIF), has once again flexed its financial muscle—this time through a $2 billion, 10-year bond that drew a tidal wave of demand topping $7.75 billion. Launched via its special-purpose arm, GACI First Investment Company, and guaranteed by PIF itself, the bond priced with a final coupon …
Saudi Sovereign Giant Pulls in $7.75 Billion Demand for $2 Billion Bond Read More »
Donald Trump’s attempt to undo one of the costliest defamation verdicts in U.S. history has been rejected. A federal appeals court in Manhattan refused to toss out the $83.3 million award granted to writer E. Jean Carroll, who accused the former president of wrecking her reputation after she went public with a decades-old sexual assault …
Trump’s Bid to Erase $83 Million Carroll Verdict Hits a Wall Read More »
The U.S. Supreme Court has temporarily allowed Donald Trump to sideline Federal Trade Commission member Rebecca Slaughter, granting the president a short-term reprieve in his effort to remove her before her term ends. Chief Justice John Roberts issued the pause, known as an administrative stay, which halts lower court rulings that had blocked Trump’s firing …
Roberts Grants Trump Breathing Room in FTC Showdown Read More »
John Roberts was never meant to be the chief justice. In 2005, George W. Bush nominated him for a seat on the Supreme Court as an associate justice. Weeks later, Chief Justice William Rehnquist passed away, and Bush seized the moment—Roberts would take the helm instead. What followed was not a cautious guardianship of the …
A Florida jurist who gave Donald Trump a legal boost in his ongoing battle with the Pulitzer Prize Board has now secured a lifetime seat on the federal bench. Judge Ed Artau, known for siding with Trump in a case challenging the Pulitzer Board’s refusal to revoke journalism awards tied to coverage of Russian interference, …
Judge Who Backed Trump in Pulitzer Fight Wins Federal Bench Seat Read More »
A federal appeals court has dealt a heavy blow to a coalition of Democratic-led states and Washington, D.C., ruling they cannot challenge President Donald Trump’s sweeping dismissal of more than 25,000 newly hired federal employees. In a 2–1 decision, the 4th U.S. Circuit Court of Appeals in Richmond declared that the states lacked legal standing, …
Appeals Court Tosses Out States’ Challenge to Trump’s Federal Worker Purge Read More »
The U.S. Supreme Court has thrown its weight behind Donald Trump’s aggressive immigration crackdown, giving federal agents a green light to resume sweeping raids across Southern California. The ruling, delivered in a terse and unsigned order, allows officers to detain individuals based on race, language, or even an accent—an approach critics say turns entire Latino …
Supreme Court Clears Path for Trump-Era Immigration Raids, Sparks Fury in California Read More »
A federal appeals court has dismantled a key Biden-era regulation that reshaped how electric vehicles are measured against fuel economy standards, siding with a coalition of Republican-led states who claimed the policy gave EVs an unfair boost. The 8th U.S. Circuit Court of Appeals in St. Louis ruled that the Department of Energy stepped beyond …
Court Strikes Down Biden-Era EV Rule, Handing Win to Republican States Read More »
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