Politics
Market crash not part of Trump’s strategy, says top White House economic advisor
White House economic adviser Kevin Hassett stands next to U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025. Leah Millis | Reuters A crashing stock market is not part of an intentional strategy by President Donald Trump, White House National Economic Council director Kevin Hassett […]
Read More
USAID team fired while in Myanmar earthquake zone, ex-official says
A flag outside of the U.S. Agency for International Development (USAID) headquarters is seen on February 03, 2025 in Washington, DC. Kevin Dietsch | Getty Images Three U.S. aid workers were laid off while in Myanmar helping the rescue and recovery from the country’s massive earthquake, a former senior staffer said, as the Trump administration’s […]
Read More
U.S. starts collecting Trump’s new 10% tariff, smashing global trade norms
Containers are pictured at an industrial port in Tokyo, Japan April 2, 2025. REUTERS/Kim Kyung-Hoon Kim Kyung-hoon | Reuters U.S. customs agents began collecting President Donald Trump’s unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week. The initial […]
Read More
Protesters tee off against Trump and Musk in “Hands Off!” rallies across the U.S.
Opponents of President Donald Trump and billionaire Elon Musk rallied across the U.S. on Saturday to protest the administration’s actions on government downsizing, the economy, human rights and other issues. More than 1,200 “Hands Off!” demonstrations were planned by more than 150 groups, including civil rights organizations, labor unions, LBGTQ+ advocates, veterans and elections activists. The protest sites included the National […]
Read More
Economists take issue with Trump’s tariff formula, arguing rate is inflated
The formula at the core of President Donald Trump’s tariff announcement that continues to rattle markets is bewildering economists, who say it is based on flawed assumptions. Economists argue that Trump’s formula relies on a flawed, underestimation of a key metric, resulting in inflated tariff rates for countries. According to the Office of the United […]
Read More
Trump tariffs live updates: Eli Lilly CEO says tariffs endanger R&D; automakers seek ‘opportunity in the chaos’
Trump claims China has been “hit much harder” in tariff war U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025. Leah Millis | Reuters President Donald Trump on Saturday claimed that China has been “hit much harder than the USA, not […]
Read More
U.S. Senate Republicans pass measure to move forward on Trump’s tax cuts
The U.S. Capitol building viewed through the bars of standard barricades in Washington, U.S., April 4, 2025. Leah Millis | Reuters The U.S. Senate approved a Republican budget blueprint early on Saturday that aims to extend trillions of dollars worth of President Donald Trump’s 2017 tax cuts and sharply reduce government spending. The vote, following […]
Read More
China says ‘market has spoken’ after Trump tariffs spark global stocks rout
A man checks his phone next to an electronic board showing stocks on the Heng Seng Index in Hong Kong on April 3, 2025. Peter Parks | Afp | Getty Images China’s Foreign Ministry on Saturday said “the market has spoken” following the U.S. imposition of sweeping new tariffs and called for the White House […]
Read More
Judge jails Trump clemency recipient Jonathan Braun after child assault arrest
The seal of the US Department of Justice in Washington, DC on March 21, 2024. Mandel Ngan | Afp | Getty Images A New York federal judge on Friday ordered the jailing of convicted drug dealer and predatory lender Jonathan Braun, whose 10-year prison sentence was commuted in 2021 by President Donald Trump, after a […]
Read More
Congress has power over tariffs, but stopping Trump isn’t likely as of now
President Donald J Trump addresses a joint session of Congress as Vice President JD Vance and Speaker of the House Mike Johnson (R-LA) listen in the Capitol building’s House chamber on Tuesday, March 04, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images President Donald Trump is on a tariff spree […]
Read More