US President Donald Trump has announced a one-month tariff exemption for automakers in Mexico and Canada following discussions with major industrial leaders. White House Press Secretary Karoline Leavitt […]
Economy
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US employers cut more jobs last month than any February since 2009
The Trump administration’s federal cuts and economic uncertainty contributed to a recession-level spike in layoffs last month. US employers announced plans to cut 172,017 jobs, a 103% increase […]
Economy
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5 things to know for March 6: Auto tariffs paused, Ukraine, government cuts, ‘last warning’ to Hamas, social media safety
NASA’s twin Voyager probes, launched in 1977, continue their journey through interstellar space. To conserve power, they are shutting down some instruments. Here’s a summary of other key […]
Economy
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The Trump Economy Faces Early Challenges
The Trump economy is encountering several early challenges, as highlighted by multiple reports. Axios notes that these challenges include potential disruptions from a fluctuating trade agenda, which could […]
Economy
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Trump Grants One-Month Exemption For U.S. Automakers From New Tariffs On Imports From Mexico, Canada
President Donald Trump has granted a one-month exemption on his new tariffs on imports from Mexico and Canada for U.S. automakers. This decision follows discussions between Trump and […]
Economy
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Europe’s automakers caught up in Trump’s trade war
United States President Donald Trump’s recent trade war against Canada and Mexico has placed Germany’s Volkswagen in a challenging position. According to JATO Dynamics, 44 percent of the […]
Economy
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Trump agrees to one-month tariff reprieve aimed at helping U.S. automakers
President Donald Trump has agreed to a one-month reprieve for automobile imports qualifying for duty-free treatment under the North American trade agreement. This decision followed a phone conversation […]
Economy
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Consumers are already tired of inflation. Tariffs are sending prices higher.
Americans are facing renewed inflationary pressures as the Trump administration imposes sweeping tariffs on goods from Canada, Mexico, and China. Economists predict immediate price hikes, including an extra […]
Economy
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‘The Ma(u)sk Is Slipping,’ Says Top Investor About Tesla Stock
Tesla (NASDAQ:TSLA) CEO Elon Musk is a globally recognized business figure whose leadership has been pivotal in transforming Tesla into one of the largest EV manufacturers. His close […]
Economy
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Senate Republicans Move to Repeal Consumer Protection Rule for Payment Apps
Senate Republicans have taken steps to repeal a recent rule by the Consumer Financial Protection Bureau (CFPB) that aimed to regulate payment apps like Venmo, PayPal, and others. […]