U.S. markets took a significant plunge on Thursday, one day after President Donald Trump announced sweeping tariffs, leading to fears of a global recession and prompting international responses.The S&P 500 had its worst day since the COVID-19 pandemic in 2020, falling 4.8%.”The tariffs the administration is imposing are much more severe than had been expected,”…
Americans aren’t feeling great about the economy, and it’s translating to a weaker outlook for spending. That isn’t good news for the stock market, and Wall Street is eyeing the risk of weaker corporate earnings as consumers pull back. Consumer Confidence clocked in at 92.9 in March, its lowest level since 2021, according to the…
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…
PAUSED FOR 30 DAYS. IF MORE TARIFFS GO INTO EFFECT, SOME FARMERS HERE IN IOWA COULD FEEL THE IMPACT. AND MANY SAY THEY’RE CONCERNED ABOUT HAVING AN OVERABUNDANCE OF PRODUCTS OR BEING FORCED TO CUT BACK TO SAVE MONEY. THEY SAY THE TARIFFS COULD RAISE THE PRICE OF FERTILIZER AND OTHER THINGS THAT THEY NEED,…
The art of surprise is something Desa Potato Head in Bali has mastered. The designer chair you’re sitting on? Crafted from recycled plastic waste collected from Bali’s shores. Why yes, that is Erykah Badu teaching a meditation class. Thirsty? Open up the modular coffee table in your room to find a secret, fully-equipped cocktail bar. …
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We are learning more and more about how our bodies age over time.The latest health news: Health Beat on Action 7 NewsDr. Abinash Achrekar, KOAT and University of New Mexico health expert, said it’s not a slow and gradual process. He explains how a study found it mostly happens for two age periods, 44 and…
This is a summary. For more, download the full analysis. Following the anti-subsidy investigation, the European Commission has proposed additional import duties on China-made battery electric vehicles (BEV), ranging from 7,8% for Tesla to 35,3% for SAIC’s MG. With 1 in 5 electric cars sold in Europe last year imported from China, the aim is…