GM and Stellantis Shares Fall After Trump’s Auto Tariff Announcement Stock prices for General Motors (GM) and Stellantis take a significant dip following former President Trump’s recent proposal to impose tariffs on foreign-made vehicles, sparking concern among industry analysts and investors. Shares of General Motors (GM) and Stellantis plummeted in the wake of former President … Read more
Germany Lashes Out at Trump’s Levy on U.S. Car Imports In a sharp escalation of transatlantic tensions, Germany has voiced strong opposition to U.S. President Donald Trump’s recent proposal to impose steep levies on American car imports. The move, which Trump has framed as a means to bolster domestic manufacturing and protect national security, has … Read more
FHFA Decides Against Cutting Fannie Mae and Freddie Mac Loan Limits In a significant move for the U.S. housing market, the Federal Housing Finance Agency (FHFA) has announced that it will not reduce the loan limits for Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that play a critical role in mortgage financing. … Read more
On March 18, 2025, President Donald Trump called for the impeachment of U.S. District Judge James Boasberg, who had issued orders blocking Trump’s plan to deport alleged members of the Venezuelan gang Tren de Aragua. Trump’s demand came after Boasberg, presiding over a lawsuit filed by the American Civil Liberties Union and Democracy Forward, halted … Read more
Washington, D.C. – March 16, 2025Treasury Secretary Scott Bessent delivered an optimistic assessment of the Trump administration’s economic strategy during an appearance on NBC’s Meet the Press today, asserting that decisive policy shifts are preventing an impending financial crisis. Bessent, a seasoned economist and hedge fund veteran, credited the administration’s focus on sustainable fiscal policies … Read more
Soy farmer Caleb Ragland on his farm in Magnolia, Kentucky Courtesy: American Soybean Affiliation Caleb Ragland, a soybean farmer in Magnolia, Ky., voted for President Donald Trump in 2016, 2020 and 2024. Now, nevertheless, he has to navigate a tariff minefield at a time when the sector is already dealing with main headwinds. Ragland works … Read more
Rep. Al Inexperienced (D-TX) shouts out as U.S. President Donald Trump addresses a joint session of Congress on the U.S. Capitol on March 04, 2025 in Washington, DC. The Home of Representatives voted Thursday to censure Texas Democratic Rep. Al Inexperienced for heckling President Donald Trump throughout the president’s speech to Congress earlier this week. … Read more
A high federal ethics watchdog who was fired final month by President Donald Trump mentioned Thursday that he’s dropping a lawsuit difficult his dismissal. The announcement by Workplace of Particular Counsel chief Hampton Dellinger got here a day after a federal appeals court docket in Washington, D.C., mentioned that he could possibly be faraway from … Read more
Homebuilder Sentiment among the many many many nation’s single-family homebuilders dropped to the underside diploma in 5 months in February, largely ensuing from concern over tariffs, which might improve their prices considerably. The Nationwide Affiliation of Residence Builders’ Housing Market Index, or HMI, dropped a pointy 5 components from January to a studying of 42. … Read more
Federal Reserve officers in January agreed they might wish to see inflation come down further sooner than lowering charges of curiosity further, and expressed concern regarding the have an effect on President Donald Trump’s tariffs would have in making that happen, in accordance with meeting minutes launched Wednesday. Policymakers on the Federal Open Market Committee … Read more