Shawn Fain, the president of the United Automobile Workers, assailed a new executive order signed this week by President Trump as an attack on federal workers. read more
The massive changes in US research brought about by the new administration of President Donald Trump are causing many scientists in the country to rethink their lives and careers. read more
Trevor Milton, the founder of electric vehicle start-up Nikola who was sentenced to prison last year for fraud, was pardoned by President Donald Trump, the White House confirmed Friday. The pardon of Milton, who was sentenced to four years in prison for exaggerating the potential of his technology, could wipe out hundreds of millions of dollars in restitution that prosecutors were seeking for defrauded investors. Milton, 42, and his wife donated more than $1.8 million to a Trump re-election campaign fund less than a month before the November election, according to the Federal Election Commission. At Milton's trial, prosecutors say a company video of a prototype truck appearing to be driven down a desert highway was actually a video of a nonfunctioning Nikola that had been rolled down a hill.
Bad feelings don't always translate into bad news for the economy. Consumer and business surveys are what economists consider soft' data, driven to an extent not by what people are experiencing but what they say." "Still, when it comes to the economy, feelings matter. A family feeling skittish about the future might put off a vacation; a company might delay an expansion. If enough people decide to hold back, those choices can ripple through the economy. Those feelings can also work as an early-warning system, reflecting facts people are seeing on the ground that aren't yet showing in other economic data."
"President Trump's dramatic rug pull of Rep. Elise Stefanik's (R-N.Y.) UN ambassador nomination has given House Speaker Mike Johnson (R-LA) a new series of headaches," Axios reports. read more
What a gash.
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