Recession fears persist amid inflation and trade wars President Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration’s continuing trade war. The “R” word, recession, suddenly has become a hot topic, as more Americans wonder if tariffs and other pressures might push the economy…
Want to comment on this story? Become a subscriber today. Click here. New York – The U.S. stock market is holding steadier on Wednesday, for now at least, following the sharp tumble that wiped out the last of the “Trump bump” it received following the presidential election in November. The S&P 500 was basically unchanged…
Judge Tanya Chutkan has said that she doesn’t believe she can impose a general restraining order on Elon Musk and his budget-cutting Department Of Government Efficiency (DOGE) over the alleged firing of thousands of federal employees. Why It Matters Musk, the CEO of Tesla, has vowed to cut up to $2 trillion a year from…
News of more layoffs for federal workers is prompting increased concern about the repercussions of those cuts.“There are ways to cull federal service. This is not the way to do it,” said a local federal worker who asked not to be identified.On Thursday and Friday, the federal government laid off thousands of workers as part…
Mystery surrounds a female celebrity who is alleged to have watched rappers Sean “Diddy” Combs and Jay-Z rape a 13-year-old girl. The female celebrity is not named in an amended lawsuit, which was filed in New York federal court on Sunday. The alleged victim says that she instantly recognized the female celebrity when she came…
Donald Trump’s return to the White House is set to have profound implications for China, the world and the United States itself. In the last of a three-part series, Khushboo Razdan looks at how the US president-elect’s cost-cutting initiatives could affect federal departments and, in turn, increasingly fragile Sino-American relations. Washington’s bureaucrats are bracing for…
Trump talk of reducing or relocating federal workers hits home in Maryland. The state ranks fourth in the country for the most federal jobs. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: December 2, 2024 at 5:00 AM EST Source link
Donald Trump will try to use “frivolous” appeals to delay his election-fraud case, prosecutor Jack Smith has said. In a court filing on Tuesday, Smith told Judge Tanya Chutkan that the former president is trying to delay the case as much as possible and is seeking documents he has already had for more than a…
The leaders of the Quad have declared the alliance is “here to stay”, as the four-country dialogue faces the uncertainty of a changing US administration in November. The United States, Australia, India and Japan have held talks since 2021, to improve cooperation across the Indo-Pacific region with a particular focus on security. US President Joe…