The Trump administration has decided not to allow Medicare to cover obesity drugs, a decision that would have provided millions of older Americans access to these medications but […]
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Elon Musk’s Influence Expected to Persist Post-Administration
Elon Musk’s impact is anticipated to endure even after his departure from the Trump administration. Reports indicate that Musk may soon leave his role, yet President Trump has […]
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Mortgage Rates Drop Amid Tariff Uncertainty
Mortgage rates in the U.S. have decreased due to the uncertainty surrounding Trump’s tariffs, with the average rate on a 30-year mortgage dropping to 6.64%. This marks the […]
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Global Stocks Decline Amid Ongoing Tariff Concerns
Global stocks experienced another decline as China retaliated against U.S. tariffs with its own measures. European markets saw significant drops, with the UK’s FTSE 100 and Germany’s Dax […]
Technology
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TikTok Deal Talks Halted by China Over Trump’s Tariffs
The White House was nearing an agreement to resolve TikTok’s fate when negotiations were derailed by China’s demand to address President Donald Trump’s tariffs first. The Chinese government […]
Economy
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US Economy Adds 228,000 Jobs in March Amid Trade War Concerns
In March, the U.S. economy added 228,000 jobs, signaling continued growth despite concerns over escalating trade tensions. However, the unemployment rate slightly increased to 4.2%. This data reflects […]
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Automakers Offer Deals Amid Tariff-Driven Uncertainty
Automakers are offering incentives to capitalize on a short-term surge in vehicle purchases driven by tariff concerns. U.S. President Donald Trump’s tariffs on automotive imports have led to […]
Technology
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Trump Extends TikTok Ban Deadline to Facilitate Deal Discussions
President Donald Trump announced a 75-day extension to the TikTok sale-or-ban deadline to continue negotiations. The delay aims to preserve TikTok’s U.S. operations amid national security concerns. Former […]
Technology
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Microsoft Employees Protest Israeli Military Contracts During Anniversary Event
Pro-Palestinian Microsoft employees protested during the company’s 50th anniversary celebration over AI contracts with the Israeli military. The protest disrupted presentations by Microsoft AI CEO Mustafa Suleyman and […]
Economy
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JP Morgan Predicts Recession in 2025 Amid Tariff Concerns
J.P. Morgan forecasts a U.S. recession in 2025 due to the impact of President Trump’s tariffs. In a note to investors, Michael Feroli, the firm’s chief U.S. economist, […]