President Donald Trump on Friday unveiled a fiscal‑year 2026 budget blueprint that would trim non‑defense discretionary spending by almost one‑quarter while sending the Pentagon its largest single‑year increase in decades. The …
Money
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The U.S. Senate on Wednesday blocked a Democrat-led resolution that would have stripped President Donald Trump of the emergency powers he used to impose global tariffs. The measure, spearheaded by …
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President Donald Trump on Thursday signed an executive order that turbo-charges America’s push to mine the ocean floor. The White House says this move will secure the nation’s supply of …
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Americans are lowering the amount of pay they expect when taking a new job, reflecting growing concerns about the economy and job market. According to new data from the Federal …
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U.S. inflation cooled more than expected in March, giving President Donald Trump a significant political and economic victory just months into his second term. The latest Consumer Price Index (CPI) …
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Gold prices soared to unprecedented highs Wednesday, reaching over $3,350 an ounce, as escalating trade tensions triggered by President Trump’s latest tariffs sent investors rushing for safe havens. Spot gold …
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China has halted exports of key rare earth minerals and magnets crucial to American manufacturing, defense, and high-tech industries. Beginning April 3, Beijing stopped shipping seven heavy rare earth metals …
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President Donald Trump’s new 10% baseline tariff on imported goods officially took effect Wednesday morning, with China facing a massive 104% tariff on imports. The White House confirmed the measure …
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U.S. stocks took a staggering tumble on Thursday, erasing an estimated $2.5 trillion in market value in what financial analysts are calling the largest single-day drop since 2020. The Dow …
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Money
Trump Declares ‘Economic Independence’ With 10% Tariff on All Imports, Higher Rates for Trade Offenders
President Donald Trump on Wednesday announced new tariffs on nearly all foreign goods entering the United States. He called it a “Declaration of Economic Independence” and a long-overdue step toward …