The World Bank and International Monetary Fund’s Spring Meetings are kicking off in Washington, DC, this week, against a backdrop of global disruption and uncertainty.
Since returning to office in January, US President Donald Trump has brought sweeping reductions to the federal workforce, firing or otherwise facilitating the departures of more than 200,000 government employees. It’s a stark contrast from the start of his first administration, when firings were more limited to high-ranking officials.
The Trump administration may be planning the most far-reaching overhaul of the US State Department in generations. A leaked draft executive order obtained by The New York Times outlines a sweeping restructuring plan that would prioritize “transnational threat elimination,” downsize the foreign service, and hire personnel who are in “alignment with the president’s foreign policy vision.”
The ripple effects of US President Donald Trump’s tariff policies continue to impact global supply chains.
The US Supreme Court issued a decision early Saturday temporarily halting the Trump administration’s imminent deportation of Venezuelan migrants. The men, accused of belonging to criminal gangs, were to be removed under the Alien Enemies Act, a 1798 law usually used in wartime.
An Easter ceasefire declared by Russian President Vladimir Putin appears to have collapsed, with both Russia and Ukraine accusing each other of violations.
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Over the past several decades income inequality for the world as a whole has fallen, but within most countries the gap between the ultra-rich and everyone else remains stubbornly high. Here's a heat map of wealth inequality around the world.
In this new episode of Tools and Weapons, Microsoft Vice Chair and President Brad Smith and former Microsoft CEO Steve Ballmer share insights on the early days of Microsoft and the pitch that convinced Ballmer to join the company. They explore his journey from scaling the company from a small 30-person startup to one of the most valuable companies on the planet. They also discuss how three traits — irrational confidence, realism, and persistence — have helped him succeed at Microsoft and today as the owner of the LA Clippers.
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