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
Federal Reserve Faces Uncertainty at Might 2025 Assembly: What to Anticipate Washington, D.C., Might 7, 2025 – The Federal Open Market Committee (FOMC) concludes its two-day assembly at this time, Might 7, 2025, amid heightened financial uncertainty pushed by President Donald Trump’s aggressive tariff insurance policies and their potential to disrupt inflation and employment. Economists … Read more
How Canada’s Auto Tariffs Differ from Trump’s: A Strategic Counterpunch April 9, 2025 – Because the commerce conflict between the US and Canada heats up, the auto sector has turn into a central battleground. President Donald Trump’s sweeping 25% tariffs on all car imports, together with these from Canada, have prompted a calculated response from … Read more
San Francisco, April 5, 2025 – Silicon Valley’s high-stakes wager on President Donald Trump’s 2024 campaign is off to a rocky start, with tech valuations cratering and IPO dreams deferred just months into his second term. Trump’s April 2 tariff bombshell—10% on all imports, with 24% on Japan, 46% on Vietnam, and 54% on China—unleashed … Read more
President Donald Trump’s escalating tariffs on Chinese language imports, reaching 145% by April 2025, have triggered vital value hikes amongst Amazon sellers, with many dealing with the selection of elevating prices, absorbing losses, or exiting the U.S. market totally. As much as 70% of products bought on Amazon originate from China, making the platform notably … Read more
Elon Musk Sought Mark Zuckerberg’s Support for $97.4 Billion xAI Bid to Acquire OpenAI, Court Filing Reveals August 22, 2025 SAN FRANCISCO — In a stunning revelation from a court filing made public on August 21, 2025, Elon Musk, CEO of xAI, approached Meta CEO Mark Zuckerberg in early 2025 to join a $97.4 billion … Read more
San Francisco, CA – Might 10, 2025 The tech {industry}’s strong internet marketing gross sales, a cornerstone of firms like Meta, Alphabet, and Amazon, are exhibiting indicators of pressure because of President Donald Trump’s commerce battle, notably his sweeping tariffs launched in April 2025. Regardless of sturdy first-quarter earnings reported by these tech giants, warnings … Read more
Tim Prepare dinner, chief govt officer of Apple Inc., in the course of the first day of in-store gross sales of Apple’s newest merchandise at Apple’s Fifth Avenue retailer in New York, US, on Friday, Sept. 20, 2024. Apple introduced a brand new iPhone mannequin on Wednesday that’s priced decrease than its most important iPhone … Read more
Scott Bessent, US treasury secretary, throughout a Bloomberg Tv interview in New York, US, on Thursday, Feb. 20, 2025. Treasury Secretary Scott Bessent on Thursday provided a full-throated protection of the White Home’s place on tariffs, insisting that commerce coverage must be about extra than simply getting low-priced objects from different international locations. “Entry to … Read more
The Federal Reserve is widely expected to maintain its benchmark interest rate at 4.25%–4.50% during its July 30, 2025, meeting, with no rate cut anticipated, according to multiple sources. Despite pressure from President Donald Trump for lower borrowing costs, economists and market indicators, such as the CME FedWatch tool, suggest only a 4%–5% chance of … Read more