President Donald Trump appeared ready to consider an immigration deal with Democrats and moderate Republicans this week -- until a hard-right flank led by White House senior adviser Stephen Miller and Arkansas Senator Tom Cotton pulled him back.Miller is widely viewed in the Senate as an obstacle to a deal who has supplied the president…
JPMorgan Chase & Co. and Wells Fargo & Co. will reap an even bigger windfall from U.S. tax cuts than most analysts had predicted -- a combined haul of about $7 billion this year for two of the biggest corporate taxpayers.Now, executives have to decide how to divvy up that fortune.Borrowers including small businesses and…
But the House measure, put forth by a group that includes two committee chairmen — Judiciary’s Robert W. Goodlatte of Virginia and Homeland Security’s Michael McCaul of Texas — was far more expansive. It would require employers to use an Internet-based system, known as E-Verify, to confirm that they are hiring only legal workers; crack…
Hafsa Mamun, 18, spends about 30 minutes a night scrolling through news stories about the negotiations after she gets home from classes at Hunter College in Manhattan, where she is a freshman. Born in Malawi to Indian parents and brought to the United States as a 5-year-old, Ms. Mamun’s protected status expires in 2019. She…
Bitcoin slumped as South Korea’s justice ministry reiterated a proposed ban on cryptocurrency venues, fueling concern that a government crackdown will erode one of the world’s biggest sources of demand for digital currencies.
Markets shuddered on signs the U.S. may be preparing to withdraw from Nafta. But even if President Donald Trump serves notice of a pullout, the trade deal could survive.Under the accord, the U.S., Canada or Mexico can withdraw after giving six-months’ notice. Scant progress has been made on the thorniest issues ahead of the sixth…
But the Trump administration has been committed to reining in both legal and illegal immigration, most notably by ending protections for 800,000 young undocumented immigrants, known as Dreamers, beginning in March unless Congress grants them legal status before then. Photo Veronica Lagunas, left, and her daughter Angie at their home in Sylmar, Calif. Ms. Lagunas…
More than 45,000 Haitians will have to leave by July 2019; about 57,000 Hondurans are hoping, against all indications to the contrary, that they will be spared the next time the Trump administration must decide whether to extend their protections. Another report, by the Immigrant Legal Resource Center, estimates that stripping the protections from Salvadorans,…
Euphoria on Wall Street that stocks can just keep on building on record highs is getting so stratospheric that it’s reaching levels that previously signaled a slump.Analysts are ratcheting up their forecasts for U.S. corporate profits at the fastest pace in more than 10 years, according to the research firm Bespoke Investment Group. And that’s happening, unusually,…
A military satellite launched by Elon Musk’s Space Exploration Technologies Corp. appears to have crashed into the sea following a malfunction in the latter stages of its ascent, representing a potential setback for the billionaire’s rocket program.The mission -- referred to by the code name Zuma -- took off from Cape Canaveral Air Force Station…
