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TRUMP ADMINISTRATION CUTBACKS
NATO weighs options to defend Europe as the US plans for conflict elsewhereNATO's top military officer is developing new defense plans for Europe. This comes as the United States reduces its military contributions,...- US pledges $2B for UN humanitarian aid as Trump slashes funding and warns agencies to 'adapt or die'The United States has pledged two billion dollars for UN humanitarian aid. This move comes as the administration seeks reforms within the w...
- US unemployment claims fall again last week, remain at historically healthy levelThe number of Americans applying for unemployment benefits fell last week and remain at historically healthy levels despite some signs that...
- White House says 'substantial' shutdown layoffs have begunThe White House initiated mass layoffs of federal workers as President Trump intensified pressure on Democrats to end the government shutdo...
- Trump ramps up pressure on Democrats over US government shutdownDonald Trump signaled Thursday that he plans to follow through on his threat for mass layoffs of US federal workers as he ratcheted pressur...
- Bombshell report claims major US government website likely to be shut down after almost all staff firedClimate.gov, which supports public education on climate science, will soon no longer publish new content, a report has claimed. This comes ...
- DOGE associate who has history of misogyny, violent outbursts gets key position at State DepartmentDOGE associate Jeremy Lewin, who has a history of misogyny, racism and violent outbursts, has been made acting head of foreign assistance a...
- Trump's auto tariffs could give Tesla and Elon Musk a leg up on rivalsTesla may benefit from the new auto tariffs announced by President Trump, as their U.S.-made vehicles won't be subject to the tariffs. Howe...
- Elon Musk's Tesla to emerge big winner from Donald Trump's auto tariffs? Here's what we know so farUS President Donald Trump has announced new auto tariffs and since then apprehensions have been raised over whether these new duties will b...
- Is Trump’s $1 billion food aid cut pushing more low-income Americans into hunger? Here's how food banks, farmers, and families are strugglingTrump’s funding cuts to The Emergency Food Assistance Program (TEFAP) and the Local Food Purchase Assistance (LFPA) program are leaving foo...
- Tariff Worries: US earnings outlook for first quarter looks less rosyApple, Tesla and Ford Motor are among companies contributing the most to recently lowered estimates for the quarter, along with some insure...
- Despite protests, Trump administration to move ahead with second wave of mass layoffsPresident Donald Trump on Friday to initiate another round of mass layoffs and budget cuts across the federal government. Agencies to submi...
- J.P. Morgan economist sees 40% US recession chance and risks to 'exorbitant privilege'J.P. Morgan's chief economist Bruce Kasman suggests there is a 40% chance of a U.S. recession this year, with risks of lasting damage to th...
- After Stanford and Cornell, Harvard freezes hiring amid Trump's federal funding cutsHarvard University has announced a hiring freeze, citing fiscal uncertainty in the wake of changing federal policies under President Donald...
- Trump’s plan to dismantle the Department of Education raises uncertainty over student loan managementAs President Donald Trump pushes forward with plans to dismantle the Department of Education, questions remain about the future of its fina...
- After laying off 7,000 employees, IRS set to make a huge change as taxpayers fear refund delaysAfter laying off around 7,000 probationary employees, the Internal Revenue Service (IRS) is set to make a huge change as taxpayers fear ref...
- US oil can boost India's trade playIndia is considering increasing energy imports from the US to address trade imbalances as Russian oil supplies face sanctions. With the US ...
- Tech billionaires take center stage at Donald Trump inaugurationThe tech tycoons have spent the weeks since the election courting favor with Trump, marking a dramatic shift from Silicon Valley's more hos...
- America is doing great (again) anywayThe US economy is experiencing robust growth and falling inflation, driven by consumer spending, government expenditure, and exports. While...
- Fundamentals driving the market and not geopolitical deterrence: James E Glassman, JPMorgan ChaseThere is a lot more going on than just politics. The global backdrop is very good.
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