economic
In a moment that seemed more spiritual than political, Donald Trump arrived at Capitol Hill rallying behind what he called the “biggest tax cut in American history.” On the surface, it looked like standard political theater. But for Black America, the proposal may signal something deeper — the start of an economic exodus. After decades […]
Trump in Riyadh for four-day Gulf tour US President Donald Trump has arrived in Saudi Arabia to kick off a four-day tour through the Gulf region, focusing on economic deals rather than the security crises ranging from war in Gaza to the threat of escalation over Iran’s nuclear programme. Tesla CEO and Trump adviser Elon […]
Senate Democrats are demanding changes to cryptocurrency legislation pending in Congress, responding partly to growing evidence that the Trump family is using its connections and President Trump’s power to profit from crypto trading. The pushback intensified late last week after a closed-door meeting among Senate Democrats in which Senator Chuck Schumer, the Democratic leader, told […]
Is US military enlistment up under the Trump administration? How much? Sally Hey Sally, thanks so much for your question. The short answer to your question is yes, military recruitment has risen during Trump’s presidency. However, Defense Department data shows the uptick in enlistment did not start when Trump was elected – it started years […]
Trump’s tariffs continue to crush sentiment across the business and consumer worlds. New data out Monday morning from the Dallas Fed showed overall activity in its manufacturing survey fell to its lowest level since May 2020, as orders, utilization, shipments, and the outlook for business all plummeted. The Dallas Fed’s survey also comes along with […]
Bloomberg News reports: Gold (GC=F) fell further from last week’s record high as easing trade tensions instill new risk appetite into global markets. Bullion slid as much as 1.6% to touch $3,268, and has lost more than 5% since peaking above $3,500 on Wednesday.
Trump reopens tariff uncertainty with threat to reimpose reciprocal tariffs within weeks Donald Trump again caused economic uncertainty as he declared that his administration would reimpose tariffs it paused on 9 April within “the next two, three weeks” where countries had not struck a deal with the US. Speaking at the White House, the US […]
Black communities across US take part in economic protests against big retailersPastors Charlie Dates and Jamal Harrison Bryant discuss how they are encouraging Black communities to “spend their dollars with dignity” and pressure big retailers to enact change.April 19, 2025 Source link
U.S. oil prices bounced back to around $62 a barrel on Wednesday afternoon, more than erasing earlier losses after President Trump said he would pause his reciprocal tariffs for most countries for 90 days. The commodity price, an indicator of economic confidence, has swung wildly over the past week, trading as high as $72 a […]
MEXICO CITY (AP) — Mexico celebrated Thursday having dodged the latest round of tariffs from the White House taking aim at dozens of U.S. trading partners around the world, but was also quickly reminded that in a global economy the effects of uncertainty can’t be entirely avoided. President Claudia Sheinbaum said the free-trade agreement signed […]