As inflation continues to soar, consumer food businesses across the country are grappling with unprecedented cost increases and supply chain disruptions. In a growing number of industries, businesses are finding themselves “nowhere to absorb it,” unable to offset the rising prices of raw materials, labor, and logistics without passing them on to consumers. According to … 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
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
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
Will Trimming the Federal Workforce Make a Dent in Government Bloat? In recent years, calls for reducing the size of the federal workforce have gained momentum, with the argument that a leaner government would be more efficient, cost-effective, and responsive to taxpayers. But does trimming the federal workforce truly address the problem of government “bloat,” … Read more
Recession Fears Grow as Deutsche Bank Survey Shows 50% Probability New York, – The risk of a U.S. recession is climbing, with Deutsche Bank’s latest markets survey revealing that investors now see a 50% chance of an economic downturn in the next year. The findings reflect growing anxiety over persistent inflation, aggressive Federal Reserve rate … 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
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
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