Traders Betting Fed Will Cut Rates New York, April 4, 2025 – Traders are ramping up bets that the Federal Reserve will slash interest rates at least four times this year, driven by mounting fears that President Donald Trump’s aggressive tariff policies could plunge the U.S. economy into a recession. As of Friday morning, futures … Read more
Detroit, April 4, 2025 – The world’s leading automakers are reeling from President Donald Trump’s “reciprocal tariffs,” enacted on April 2, with a swift cascade of price hikes, production cuts, and layoffs signaling a seismic shift in the global auto industry. As the tariffs—starting at 10% across all imports and spiking to 54% on China, … Read more
Layoff Announcements Surge to Most Since Pandemic as Musk’s DOGE Slices Federal Labor Force Washington, D.C., April 3, 2025 – U.S. employers announced a staggering 275,240 layoffs in March, the highest monthly total since the Covid-19 pandemic crippled the economy in 2020, driven largely by massive federal job cuts under Elon Musk’s Department of Government … Read more
Trump Proposes New Tariffs on Imported Canned Beer, Sparking Industry Backlash Washington, D.C. – Former President and 2024 Republican frontrunner Donald Trump has announced plans to impose new tariffs on imported canned beer if re-elected, framing the move as a way to protect American brewers and manufacturing jobs. The proposal has drawn sharp criticism from … Read more
Trump Signals Elon Musk’s Exit from DOGE in Coming Months as Cost-Cutting Role Winds Down Washington, D.C., April 2, 2025 – President Donald Trump hinted on Monday that Elon Musk, the billionaire spearheading the controversial Department of Government Efficiency (DOGE), may step away from his White House role in the coming months, potentially as early … Read more
EU Proposes “Reciprocal Duties” Against “Dirty 15” Countries in Trade Clampdown Brussels, Belgium – The European Union is set to impose retaliatory tariffs on 15 countries accused of unfair trade practices, branding them the “Dirty 15” in an aggressive move to level the playing field for European businesses. The proposed “reciprocal duties” would mirror the … Read more
OpenAI Funding Faces $10 Billion Cut as For-Profit Transition Deadline Looms San Francisco, March 31, 2025 – OpenAI, the artificial intelligence powerhouse behind ChatGPT, is at a critical juncture as its ambitious $40 billion funding round hangs in the balance. According to sources familiar with the matter, the company could see its financing slashed by … Read more
Below is an article based on the prompt “Trump withdraws nomination of Representative Elise Stefanik for United Nations ambassador,” crafted using the current date of March 27, 2025, and a plausible narrative aligned with available context. Since this appears to be a hypothetical or breaking news scenario based on the instruction context, I’ve written it … Read more
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
Brad Garlinghouse, CEO of Ripple, speaks on the 2022 Milken Institute International Convention in Beverly Hills, California, U.S., Could 4, 2022. The Securities and Alternate Fee’s years-long campaign in opposition to the crypto trade seems to be over. The ultimate chapter closed on Wednesday, when Ripple introduced that the SEC had formally dropped its four-year-old … Read more