After weeks of pain, the stock market is eyeing some relief from tariffs and fears about Donald Trump’s encroachment on the Federal Reserve. US stocks soared Wednesday after comments from Trump helped ease two major headwinds for the stock market: steep tariffs on China and the early termination of Federal Reserve Chairman Jerome Powell. Here’s…
President Donald Trump has amped up his attacks on Federal Reserve Chair Jerome Powell in recent days. On Thursday, Trump said he was “not happy” with Powell. On Friday, National Economic Council Director Kevin Hassett said Trump’s team would “study” whether the president could remove Powell. Later that day, Trump criticized Powell for not lowering…
WASHINGTON (Gray DC) – A stark warning from President Donald Trump Friday to Ukraine and Russia, telling the two countries that the U.S. may soon walk away from peace negotiations if progress doesn’t happen soon. “If for some reason, one of the two parties makes it very difficult, we’re just going to say you’re foolish,…
As the stock market began to slide in the wake of President Donald Trump’s “Liberation Day” tariff announcement, Sen. Bernie Moreno offered a suggestion: Buy the dip. “I would go out and buy stocks today,” the Ohio Republican told reporters the day after Trump announced a 10% baseline tariff and a host of steeper “reciprocal”…
President Donald Trump on Wednesday announced via a social media post a planned 90-day pause in his aggressive tariff plan against some countries, sending ripples through the business community. The market, which had plummeted following news of the president’s trade strategy, surged in response to the planned pause, while industry leaders from across the political…
President Trump is back in the Oval Office where he us signing several executive orders. One of the orders will loosen restrictions on water pressure in American households, enabling homeowners to install high-pressure showers. “No longer will showerheads be weak and worthless,” said a draft of Trump’s order, adding that it intended to “make America’s…
Global financial markets have been rocked by President Trump’s tariffs, with trillions wiped off the value of stocks and government bonds in a matter of days. Heavy selling of US sovereign debt, or treasuries, sent the yield up by the greatest one-day amount since September 2022 earlier this week. There is speculation that this sudden…
In its latest episode, “Saturday Night Live” somewhat inevitably went after President Donald Trump’s “Liberation Day” tariff announcement. James Austin Johnson returned as Trump during the NBC comedy show’s cold open, recreating the president’s Rose Garden speech from earlier this week, which saw him detail his controversial new import levies. “Thank you all for coming…
SELBYVILLE, DE – The People’s Republic of China is reportedly halting imports from local agricultural food production and processing company Mountaire Farms of Delaware, Inc. The announcement comes the same day China announced retaliatory tariffs on all U.S. imports beginning April 10 in response to President Donald Trump’s order of “reciprocal” tariffs against the East…
Giorgia Meloni, the Italian prime minister, said US tariffs could have negative consequences for Italian producers and could limit access to Italian products in America. “The United States is our second-largest export market, with a 17 per cent increase in exports in 2024. The US market is crucial for us,” she said in a speech…