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Economics at nytimes.com

Friday, Apr 26

00

Trump Hush-Money Trial: Takeaways From the 2nd Week in Court

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A tabloid publisher’s testimony dominated a week that began with opening statements setting the stage for the first prosecution of a president.

Leader of Federal Student Aid Office Steps Down After FAFSA Crisis

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During Richard Cordray’s tenure at the agency, the botched rollout of the new FAFSA upended the college admissions process.

22

Who is Rhona Graff, Trump’s Former Assistant Who Is Testifying Against Him?

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Few people knew Donald J. Trump like Ms. Graff, a Queens native who made a career serving the defendant.

Biden Taunts Trump, Calling Him a ‘Loser,’ Trying to Get Under His Skin

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President Biden has been trying to hit his opponent where it hurts, critiquing everything from his hairstyle to his energy levels in court.

21

Exxon Mobil and Chevron Report Lower Earnings

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Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices.

19

How a Supreme Court Immunity Ruling Could Affect Trump’s Election Case

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In arguments on Thursday, the justices appeared to signal two ways they could help Donald Trump as he fights charges that he plotted to overturn the 2020 election.

Conservative Justices Take Argument Over Trump’s Immunity in Unexpected Direction

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Thursday’s Supreme Court hearing was memorable for its discussion of coups, assassinations and internments — but very little about the former president’s conduct.

18

How High Wall Street Thinks the Fed Will Keep Interest Rates

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Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.

17

Warren Buffett’s Real Estate Brokerage Agrees to $250 Million Settlement

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HomeServices of America, the largest residential real estate brokerage in the United States, will settle the claims brought by home sellers who said they were forced to pay inflated commissions, pending court approval.

16

Stubborn Inflation Could Prod Fed to Keep Rates High for Longer

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Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.

Growing Number of Trump Allies Face Election Interference Charges

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Prosecutors are sending a warning as Donald Trump and his supporters continue to spread conspiracy theories: that disrupting elections can bear a heavy legal cost.

15

Would Trump Move to Control the Fed?

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Allies of the former president are said to be devising plans to reduce the central bank’s independence if he is re-elected, a move that would have big consequences for monetary policy.

Xi and Blinken Trade Small Nods Over a Large Gap

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The U.S. secretary of state and the Chinese leader struck conciliatory notes in Beijing. But there was no budging on, or hiding, their governments’ core differences.

12

This Whole King Trump Thing Is Getting Awfully Literal

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The former president’s claim that he has absolute immunity for criminal acts taken in office as president is an insult to reason.

Trump’s Immunity Case Was Settled More Than 200 Years Ago

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But several members of the Supreme Court seem willing to put presidents above the rule of law.

04

Peter Schey, Tenacious Lawyer Who Defended Migrant Rights, Dies at 77

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He won the right to services like school and health care for people illegally crossing the border into the U.S. He also fought the Trump administration’s family separation policy.

02

In Hush Money Trial, Pecker Says Trump Thanked Him for Burying Stories

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David Pecker, former publisher of The National Enquirer, testified that Donald J. Trump thanked him for burying stories.

01

How Pastor Chad Nedohin Helped Turn Trump Media Into a Meme Stock

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Chad Nedohin, a part-time pastor, is among the fans of Donald J. Trump who helped turn Trump Media into a meme stock with volatile prices.

Thursday, Apr 25

23

Friday Briefing: Supreme Court Hears Trump Immunity Case

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Also, more bodies were found in a Gazan mass grave.

Takeaways from Supreme Court Arguments on Trump’s Immunity Claim

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Several justices signaled interest in some protections for official acts, which could impede a swift trial in the federal election subversion case.

Supreme Court Seems Poised to Limit Trump Election Case After Immunity Hearing

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Such a ruling would probably send the case back to a lower court and could delay any trial until after the November election.

22

A Chinese Firm Is America’s Favorite Drone Maker. Except in Washington.

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U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.

21

U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown

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Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate, but the report also included more evidence that the Federal Reserve’s efforts to tame price increases have stalled.

David Pecker Says He and Others Around Trump Feared His Anger

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They called Donald J. Trump “the boss.” The desire to avoid his fury drove many decisions made by those around him.

The National Enquirer’s Parent Company Struggles To Find A Buyer

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The parent company of The Enquirer, the tabloid now famous for its ties to former President Donald J. Trump, has tried repeatedly to sell the publication. It hasn’t been easy.

For Justice Alito, Presidents Stand Above the Law

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He appears willing to allow Trump and future presidents to escape criminal prosecution for their acts.

Biden’s New Power Plant Rules: 5 Things to Know

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The administration issued a major climate regulation aimed at virtually eliminating carbon emissions from coal, the dirtiest of the fossil fuels and a driver of global warming.

20

Being Stuck in a Courtroom Is Just What Trump Needed

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To win a political campaign, you want to put your candidate in a setting that provides a chance to excel. For Trump, that’s the trial.

E.P.A. Severely Limits Pollution From Coal-Burning Power Plants

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New regulations could spell the end for plants that burn coal, the fossil fuel that powered the country for more than a century.

18

Honda Commits to E.V.s With Big Investment in Canada

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The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.