Tess Torelli April 13, 2018

U.S. Commerce Secretary Wilbur Ross touted the benefits of U.S. trade with Latin America on Thursday in Peru and said the United States would not cede leadership in the region to “authoritarian countries.” Speaking at a business event before Friday’s start of the Summit of the Americas in Lima, Ross said that most Latin American […]

Tess Torelli April 13, 2018

Bannon told The Post that executive privilege “should be exerted immediately and retroactively,” which he said would create “a new legal battleground” for Trump to “protect himself from the investigation,” according to the report. So far, there are no confirmed signs that Trump is considering Bannon’s advice. Some Trump advisors are said to fear that […]

Tess Torelli April 13, 2018

Economists like to say the best cure for high prices is, high prices. In the case of oil in recent years, the saying often rings true. Years of elevated oil prices leading up to 2014, when Brent crude futures traded above $100 a barrel, helped drive efficiency in the industry and other energy sectors, but […]

Tess Torelli April 13, 2018

Getty Images Facebook co-founder, Chairman and CEO Mark Zuckerberg smiles at the conclusion of his testimony before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018 in Washington, DC. Facebook shares, which closed at $163.87 on Thursday, have dropped more than 11 percent over the past […]

Tess Torelli April 13, 2018

The business model of the modern Republican Party does not produce real-world budget discipline. So today, GOP lawmakers turn to make-believe. Within the last four months, the Republican president and party leaders in Congress took two actions that dramatically expand federal deficits. On a party-line vote, they cut taxes by $150 billion a year, then […]

Tess Torelli April 13, 2018

Saul Loeb | AFP | Getty Images President Donald Trump and Canadian Prime Minister Justin Trudeau walk down the West Wing Colonnade between meetings at the White House in Washington, DC, February 13, 2017. A deal on NAFTA is “getting pretty close,” President Donald Trump told reporters at the White House on Thursday. But, he […]

Tess Torelli April 13, 2018

Delta Air Lines expects to take delivery this year of dozens of Bombardier jets that were at the center of a bitter trade dispute with Boeing. On a call with investors after it posted first-quarter earnings, Delta said that it plans to take delivery of some of the C Series planes, which seat some 100 […]

Tess Torelli April 13, 2018

A U.S. judge in Philadelphia has ruled that limousine drivers for Uber Technologies Inc are independent contractors and not the company’s employees under federal law, the first ruling of its kind on a crucial issue for the ride-hailing company. U.S. District Judge Michael Baylson on Wednesday said San Francisco-based Uber does not exert enough control […]