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Trump Media & Technology Group is worth almost $7 billion, but the company generated less than $4 million in revenue in 2024, according to a new filing.
Trump ordered to temporarilyJudge challenges administration's dismantling of US foreign assistance and sets five-day deadline to prove compliance A federal judge has ordered Donald Trump's administration to temporarily lift a... funding freeze that has shut down US humanitarian aid and development work around the world, and he has set a five-day deadline for the administration to prove it is complying. The judge's ruling late on Thursday cited the financial devastation that the near-overnight cutoff of payments has caused suppliers and non-profits that carry out much of US aid overseas.
Trump administration beginsA day after the Trump administration ended its federal buyout offer, the administration has begun mass layoffs across multiple federal agencies.
Donald Trump declares 'BRICSDonald Trump on Brics: US President Donald Trump has threatened a 100% tariff on all imports from BRICS nations if they launch a common currency. Dismissing BRICS' relevance, Trump emphasized the US's... leverage over the bloc, warning against attempts to undermine the US dollar. These comments highlight escalating global trade tensions, particularly with China, India, and Russia.
Trump and Musk launch massTermination notices sent to Department of Education and CFPB as Musk pushes to 'delete entire agencies' US politics live - latest updates Mass layoffs have begun at several US agencies as Donald Trump... and Elon Musk launch an unprecedented, large-scale plan to slash the federal workforce with the stated goal of cutting costs and boosting efficiency. Termination notices were sent to employees at the Department of Education, the Small Business Administration (SBA), the Consumer Financial Protection Bureau (CFPB), and the General Services Administration (GSA), Reuters first reported on Thursday.
Trump's Resignation ProgramThe decision was a win for the Trump administration, which has been stymied by a series of other court rulings in recent days. The judge said the plaintiffs lacked standing.
Inspectors general fired byEight inspectors general who were fired by Donald Trump are suing the federal government over what they allege are "unlawful and unjustified purported termination[s]."
Trump says more tariffs comingPresident calls for interest rates to be lowered, and said they would 'go hand in hand' with tariffs he plans to announce Several Democratic state attorneys general warned that the country was in the... grip of a full-blown constitutional crisis, as they battle Donald Trump in court over actions they argue are lawless and in some cases brazenly unconstitutional. "We are on the brink of a dictatorship, and America has never been in a more dangerous position than she is today," Kris Mayes, the attorney general of Arizona, said at a press conference in Los Angeles on Tuesday.
Amid court losses, TrumpDemocrats and scholars fear Trump will create a constitutional crisis by defying the courts blocking the administration's efforts to upend federal government Concerns that the Trump administration... would ignore court orders were heightened yesterday, when a federal judge said that the White House had ignored his ruling ordering an end to a freeze on federal funding. Here's more on that, from the Guardian's Anna Betts: A federal judge said on Monday that the Trump administration had defied his order to unfreeze billions in federal funding and issued a directive demanding that the government "immediately restore frozen funding". We call upon our elected representatives to stand with us and to insist upon adherence to the rule of law and the legal processes and procedures that ensure orderly...
Trump signs order shifting USThe president has long been a critic of paper straws, which he says don't work and dissolve too easily.
Trump threatens to cut off aidPresident Donald Trump issued a final ultimatum to Hamas saying 'all hell will break loose' if all remaining hostages aren't returned by noon on Saturday.
Trump Pardons Rod Blagojevich,The pardon was the latest overture between the president and the former governor, who is still known in Chicago simply as "Blago."
Trump threatens to cancelPresident Donald Trump threatened Hamas that he would cancel Israel's ceasefire on Gaza and 'let all hell break loose' if all of the remaining hostages are not released by noon on Saturday.
Trump announces 25% tariffs onThe move threatens have a big impact in Canada, a major source of the metals in the US.
Trump says he will announceAll steel and aluminium entering the US will be targeted with a 25% levy, the president says.
Stock futures reverse earlyPresident Donald Trump said Sunday he will announce 25% tariffs against all steel and aluminum imports into the U.S. on Monday.
Trump strips securitySeveral leading Democrats have found themselves frozen out as Trump's war against his most vocal opponents continues.
President Trump doubled the damages he is seeking from CBS and its parent company, Paramount Global, which needs FCC approval for its pending merger.
Trump Says He Will InstallThe move by the president, whose authority to make the changes was not clear, is the latest attempt to bring a Washington institution under his control.
Judge Will Freeze Elements ofJudge Carl Nichols will temporarily block plans to put some 2,200 employees on paid leave and to recall nearly all agency workers posted abroad.

Trump Pauses Online Tirade to Preach Unity

The New York Times - 7 Feb 2025 01:56
Trump Pauses Online Tirade toAt the National Prayer Breakfast in Washington, Mr. Trump took a moment to speak of bipartisan comity. Just hours earlier, he torched the federal bureaucracy, the global order, the media and... Democrats.
Trump's Gaza Takeover Plan MayAlready unlikely, the prospects for creation of a Palestinian state alongside Israel could vanish altogether if the United States takes over Gaza and displaces the population, as President Trump... proposes.
Trump Evicts Moon Rock FromThe Apollo Moon rock had been sitting in the Oval Office for the past four years before Trump's redesign.
Trump Administration DeepensRattled civil servants struggled with whether to leave their posts in advance of a Thursday deadline as Elon Musk continued his push through agencies.
Anti-Trump Protesters AcrossIn a grass-roots effort to kick off a national movement, organizers encouraged those opposed to President Trump's actions on immigration, transgender rights and more to gather at state capitals and... city halls.