U.S. President Donald Trump’s Truth post in papal attire. Courtesy: The White House via X, formerly Twitter Zoom In IconArrows pointing outwards U.S. President Donald Trump’s Truth post in papal attire Courtesy: The White House via X, formerly Twitter Trump attended Pope Francis’ funeral in Rome last weekend, during which he also met with Ukrainian … Read more
China is the world’s second-largest economy and second-largest importer of U.S. goods. Entities in China hold at least $784 billion in U.S. federal debt. The country also controls much of the world’s rare element supply, which is vital for manufacturing technology. China could weaponize these assets if an all-out trade war breaks out, to the … Read more
Job growth was stronger than expected in April despite worries over the impact of President Donald Trump’s blanket tariffs against U.S. trading partners. Nonfarm payrolls increased a seasonally adjusted 177,000 for the month, slightly below the downwardly revised 185,000 in March but above the Dow Jones estimate for 133,000, the Bureau of Labor Statistics reported … Read more
Steven Chechette (C) speaks with a recruiter at the KeySource booth at the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2025, in Sunrise, Florida. Joe Raedle | Getty Images Clues on whether the U.S. economy is merely in a temporary tariff-induced funk or a more damaging longer-turn … Read more
The U.S. Chamber of Commerce is urging the Trump administration to immediately implement a “tariff exclusion process” in order to keep the U.S. economy from falling into a recession and inflicting “irreparable harm” on small businesses. In a letter first obtained by CNBC, the massive business lobbying group asked key Trump trade officials to automatically … Read more
President Donald Trump’s top trade advisor Peter Navarro said Wednesday that the White House is moving in “Trump time” as they negotiate a tariff deal with India, “which is to say, as fast as possible.” “In Indian democracy, it’s got to go through the prime minister and the parliament, we can’t just do that, but … Read more
White House trade advisor Peter Navarro brushed off concerns Wednesday about the unexpected drop in U.S. gross domestic product last quarter, saying, ‘We really like where we’re at now,” and pointing to a surge in new domestic investment. “I got to say just one thing about today’s news, that’s the best negative print I have ever … Read more
Consumer attitude about both the present and near future dimmed again in April, as tariffs dented sentiment and confidence in employment hit levels last seen around the global financial crisis. The Conference Board’s Consumer Confidence Index fell to 86 on the month, down 7.9 points from its prior reading and below the Dow Jones estimate … Read more
Elon Musk may skirt more than $2 billion in possible financial liabilities by exercising his influence over the federal government, a new report from Senate Democratic committee staffers out Monday alleges. Musk’s “Department of Government Efficiency” has brought sweeping changes to Washington with its slash-and-burn campaign to gut agencies and purge the federal workforce. President … Read more
U.S. President Donald Trump speaks to members of the media as he departs for Rome, Italy, to attend Pope Francis’ funeral, at the White House in Washington, D.C., U.S., April 25, 2025. Leah Millis | Reuters President Donald Trump’s approval rating is dipping as he nears 100 days in office and Americans grow skeptical of … Read more