The Trump administration on Thursday removed the Internal Revenue Service's top lawyer and rolled out plans to downsize nearly 20 percent of the agency's staff as billionaire Elon Musk's U.S. DOGE Service seeks access to sensitive taxpayer records, according to five people familiar with the matter. read more
The Continent is beginning to look like a safe bet against Washington's bedlam. Markets crave certainty; what they are getting from Trump's White House is chaos. read more
As Donald Trump took the oath of office on Jan. 20, he was flanked by some of the world's wealthiest people. The billionaires present that day -- including Elon Musk, Jeff Bezos and Mark Zuckerberg -- had never been richer, flush with big gains from frothy stock markets. Seven weeks later, it's a different story. read more
Tesla has lost so much value in such a short period of time that JPMorgan analysts said they couldn't think of another comparable moment in automotive history. read more
U.S. District Judge William Alsup ordered President Donald Trump's administration to reinstate tens of thousands of probationary federal employees on Thursday, according to Politico's Josh Gerstein and Kyle Cheney. In his ruling, Alsup referred to the mass firings as "unlawful" and a "sham." read more
Biden was unarguably better for the economy.