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
Washington, D.C., April 3, 2025 – President Donald Trump’s sweeping “reciprocal tariffs,” signed into effect on April 2, have cast a wide net, targeting over 180 countries and territories with a baseline 10% duty and steeper levies for some. While major economies like China (54%) and the EU (20%) dominate headlines, the tariff list includes … Read more
NYC Mayor Adams to Skip Democratic Primary, Run for Reelection as Independent New York City, April 3, 2025 – Mayor Eric Adams announced today that he will bypass the Democratic primary scheduled for June 24 and instead run for reelection as an independent candidate in the November 2025 general election. The decision, revealed in a … 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
Oslo, April 1, 2025 – Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund with assets exceeding $1.8 trillion, is facing mounting pressure to lift its decades-old ban on investing in weapons manufacturers, a move that could reshape its ethical framework and bolster the defense industry. The push, led by opposition parties … Read more
Social Security Overhaul: Customer Service Delays and Benefit Payment Concerns Loom The Social Security Administration (SSA) is undergoing significant operational changes that could lead to longer wait times, reduced in-person services, and potential delays in benefit payments for millions of Americans. With rising workloads, budget constraints, and a shift toward digital services, advocates warn that … Read more
DOJ to Seek Death Penalty for Luigi Mangione in High-Profile CEO Murder Case New York, April 1, 2025 – The U.S. Department of Justice (DOJ) announced today that it will seek the death penalty against Luigi Mangione, the 26-year-old accused of assassinating UnitedHealthcare CEO Brian Thompson outside a Manhattan hotel on December 4, 2024. Attorney … Read more
Airline Stocks Slide as Concerns Grow Over Consumer Travel Appetite New York, April 1, 2025 – Airline stocks took a nosedive on Tuesday as Wall Street grappled with mounting fears of weakening consumer travel demand, casting a shadow over a sector that had been riding high just months ago. The sell-off, triggered by a cocktail … Read more
Tesla Stock Plunges 36% in First Quarter of 2025, Marking Worst Performance Since 2022 San Francisco, March 31, 2025 – Tesla, Inc. (TSLA) has closed out the first quarter of 2025 with a staggering 36% drop in its stock price, its steepest quarterly decline since the final three months of 2022 and the third-worst in … Read more