Economy - Page 75

On Thursday’s broadcast of MSNBC’s “Morning Joe,” Sen. Amy Klobuchar (D-MN) said that “If you believe in capitalism, like I do, if you believe that the market has given us this incredible country,” you should address healthcare costs, housing, child

Pharmaceutical company Novartis announced plans to build seven facilities in the United States and expand others in a $23 billion investment over five years on the heels of President Donald Trump’s announcement of forthcoming tariffs on imported drugs.

Donald Trump used a cabinet meeting to outline plans to recall some of the illegals being deported from jobs in the farm and hospitality sectors.

Some of the most brilliant economists in history developed a theory proving that under the right conditions, tariffs can make a country richer.

President Donald Trump’s policies increasing duties and tariffs on products imported from China announced on Wednesday could pose an existential threat to low-quality, cheap goods Chinese shopping sites such as Shein and Temu, experts warned.

Congress is sending a budget resolution to the Resolute Desk, a major victory for President Donald Trump and his legislative push.

Commerce Secretary Howard Lutnick said during Thursday’s Cabinet meeting that countries are approaching the United States with offers they never previously would have because of President Donald Trump’s “Liberation Day” tariffs.

Rep. Tom Tiffany (R-WI) introduced a one-page bill on Thursday that would withdraw Congressional approval for the United States to be a member of the World Trade Organization (WTO), an international institution built to promote economic globalism and set standards for how countries do business.

The Trump administration is “fighting for fair trade — full stop,” Transportation Secretary Sean Duffy told reporters, providing an example of how unfair existing trade practices have been.

The Department of Government Efficiency (DOGE) posted shocking finds from a survey of Unemployment Insurance claims since 2020, which found individuals far too young (under the age of five) and far too old (over the age of 115) claiming millions in benefits.

The legal battle between OpenAI and its estranged co-founder Elon Musk escalated on Wednesday as the AI company filed a countersuit against the billionaire tech kingpin.

China’s increasingly shrill and desperate efforts to prove itself tough and fearless against President Donald Trump’s tariffs hit a new low on Thursday, when Chinese Foreign Ministry spokeswoman Mao Ning decided to post old footage of Mao Zedong, the founder of the Chinese Communist Party – and the worst mass murderer in history.

Senator Jeff Merkley (D-OR) claimed Thursday on CNN’s “New Central” that President Donald Trump is engaged in an unserious “testosterone battle” with China’s President Xi Jinping.

Mark Zuckerberg’s Meta, the tech giant formerly known as Facebook, is gearing up for a historic antitrust fight with the FTC set to begin on Monday. The lawsuit, filed during Donald Trump’s first term in office, will determine if Facebook’s acquisition of Instagram and WhatsApp were designed to put a stranglehold on the social media market.

There are already dozens of countries hungry to negotiate with President Donald Trump following his momentous “Liberation Day” announcement.

Union suspends tariffs against the U.S. in favour of a deal, saying it has “taken note” of Trump’s pause on every country except China. 

U.S. consumer prices fell in March, pushed down by a decline in the price of goods and defying predictions that President Trump’s tariff plans would push up prices. This was the first drop in consumer prices in nearly three years and only the second decline since inflation accelerated under Joe Biden to the worst rates in decades.

Egg prices have not fallen by “one cent” since President Donald Trump took office, “The View” co-host Whoopi Goldberg gushed Wednesday. She’s wrong.

On Wednesday’s broadcast of CNN’s “Laura Coates Live,” Rep. Brendan Boyle (D-PA) reacted to Michigan Gov. Gretchen Whitmer (D) partially praising tariffs by saying that most Democrats support some tariffs, but “the challenge is, in this context, there are so

E.U. Commission President Ursula von der Leyen on Thursday welcomed U.S. President Donald Trump’s move to pause reciprocal tariffs, saying it’s an important step towards stabilising the global economy.

Although President Trump’s announcement that some of the tariffs would be paused for 90 days got all the attention, the real fireworks began several minutes earlier, when the U.S. Treasury held its much-anticipated 10-year bond auction.

President Donald Trump blames his predecessors and not China for the trade imbalance between the United States and China.

The executive fired after nearly destroying Bud Light is now working for LIV Golf, a move many ridicule as a huge PGA win.

The U.S. Department of Housing and Urban Development (HUD) has added an additional 90 days to the Federal Housing Administration’s (FHA) existing moratoriums on insured single family mortgages for those affected by Hurricanes Helene and Milton.

YouTube star MrBeast attacked President Donald Trump’s new tariffs, claiming they are impacting his line of “Feastables” chocolate bars and claims they “could really be a nail in the coffin” for small businesses.

What looked like the start of a global financial panic turned into a show of strength from the White House and a stunning rally on Wall Street.

Sen. Jim Banks said that we as a nation cannot pass on the American Dream if we let China dominate our country.

President Donald Trump is telling Americans to “be cool” and it “is a great time to buy” as his reciprocal tariff policies officially go into effect.

President Donald Trump on Wednesday is rallying the world against China, hitting the adversary with increased tariffs effective immediately while instituting a 90-day pause and “substantially lowered Reciprocal Tariff during this period” for other countries that have reached out to negotiate rather than retaliate.

The Dow jumped 5.9 percent, the S&P 500 rose 7.3 percent, and the Nasdaq soared 8.9 percent, capping a dramatic rebound from a week of steep losses triggered by spiking bond yields and escalating global tariffs.

Treasury Secretary Scott Bessent on Wednesday said that community bankers will play a pivotal role in revitalizing Main Street during President Donald Trump’s time in office.

Treasury Secretary Scott Bessent said Wednesday the U.S. is moving toward trade agreements with key allies that will form the basis for a united economic front against China.

Wednesday on FBN’s “Mornings with Maria,” Treasury Secretary Scott Bessent argued efforts to counter U.S. tariffs with further retaliatory tariffs were a “loser” for China.

Trafficking fentanyl into the United States Is a billion-dollar enterprise for the Mexican drug cartels, the Treasury Department reported.

The U.S.-China trade war heated up on Wednesday, as President Donald Trump’s tariffs on China soared to a total of 104 percent and China retaliated by announcing an 84 percent levy on U.S. goods.