If America wants to lead again, it must go beyond trade wars and build a real manufacturing ecosystem — starting with semiconductors, the linchpin of modern industry.
JPMorgan Chase CEO Jamie Dimon warned investors that the U.S. economy is facing "considerable turbulence" due to President Trump's escalating trade war, which could slow down growth and lead to a recession.
The White House pushed back on the idea that President Trump is considering a 90-day pause on tariffs as “fake news” after it spread on social media and caused the stock market to jump. “Wrong. Fake News,” the White House said on X, sharing a post that Trump is reportedly expecting to do a pause....
Goldman Sachs analysts are again raising the odds of a recession as markets continue to reel in the wake of President Trump’s sweeping tariff actions. The bank warned in a new report on Sunday that it increased the probability of a recession in the U.S. to 45 percent, just a week after it forecasted odds...
President Trump said the trade deficit between the U.S. and China must be resolved before he is willing to negotiate a deal regarding the tariffs he placed on Beijing. “When you look at the trade deficit we have with certain countries … with China it’s a trillion dollars. And we have to solve our trade...
President Trump late Sunday defended his tariff plan amid recession fears, saying they are sparking investment in the United States. Trump spoke aboard Air Force One, where he said he was elected because of the tariffs. “This was one of the biggest reasons I got elected, was exactly because of this,” Trump said. “We’re going...
The Trump administration is pushing back against China's influence in Latin America, with Honduras reactivating its trade relationship with Taiwan, Mexico closing the backdoor for Chinese products, Panama breaking up with the Belt and Road Initiative, and Colombia reconsidering its entry into this alliance.
A 2020 study claiming Black babies were three times more likely to die when cared for by a white doctor than a Black one was found to be junk science, and a 2015 study claiming chocolate was the secret to weight loss was a hoax.
In today’s issue: President Trump on Sunday redoubled his support for massive tariffs on most of the world amid heavy market fallout and criticism from some allies. Wall Street was rocked by losses Thursday and Friday and stock futures tumbled this morning. Global markets recoiled overnight. Wall Street's "fear gauge," the VIX, leapt to levels reminiscent of the pandemic...
The Trump administration’s repeated losses in courts have sparked Republican efforts to limit the reach of the judiciary, something Democrats argue is designed to hamstring reviews of lawless orders. Congressional Republicans have rolled out two legislative vehicles that would curb nationwide injunctions, arguing this will restore order to the judiciary and put district court judges...
Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. and the Department of Government Efficiency are reshaping the U.S. health care system, starting with deep cuts to the agencies Kennedy now leads. Kennedy and his allies argue such moves are needed to change federal culture and improve efficiency in the name of long-term health...