The closure of two schools founded by Mark Zuckerberg and Priscilla Chan has left inner city families questioning how their children will achieve an education. The Primary School, a tuition-free educational institution, will be closing its doors in the summer of 2026, leaving parents stunned with no clear reason provided for the closure.
Trump's policy initiatives have weakened the U.S. dollar, leading to concerns about a potential recession and inflation. Analysts predict a structural downtrend for the dollar in the coming years.
President Trump's tariffs may impact smartphone prices, with major carriers indicating they may pass on the increased costs to consumers. The exemption on smartphones from tariffs could be temporary, potentially leading to higher prices for iPhone models.
U.S. retailers warn of empty store shelves and supply chain issues if Trump's tariffs on China remain high, leading to canceled shipments and uncertain holiday season. Small businesses face financial strain due to high tariff fees.
Switzerland is among 15 countries with which the United States plans to conduct privileged negotiations in the wake of sweeping U.S. tariffs. The Swiss president expressed satisfaction with talks in Washington and highlighted the importance of finding a quick solution in the tariff question.
Financial commentator Carol Roth discusses the concept of taxation being akin to holding American taxpayers 'at gunpoint' and how the government confiscates more money in taxes than the GDP of every country except the U.S. and China. She presents her views in a PragerU video breaking down complex economic issues in a clear format.
Apple plans to shift all iPhone assembly for the U.S. market from China to India by 2026 due to trade war pressures. This move accelerates Apple's supply chain diversification strategy and requires significant production ramp-up in India.
Slate Auto, backed by Jeff Bezos, is unveiling a low-cost electric truck that can transform into an SUV, starting at $20,000 after incentives. It is designed as a simple, affordable, and customizable vehicle with a range of 150 miles on a single charge.
Data breaches in 2024 exposed info of millions, stressing the need for better cybersecurity. Hertz faced a breach due to a cyberattack on one of its software vendors, compromising sensitive customer data. Steps to protect oneself post-breach are advised.
President Trump hints at cutting China tariffs substantially but does not confirm direct communication with Chinese President Xi Jinping. Conflicting reports between the two countries regarding ongoing negotiations and trade deals.
Tesla sales are falling due to negative perception of CEO Elon Musk, as reported by NPR interviewing anti-Musk sticker designer Matt Hiller.
Major consumer conglomerates are cutting financial forecasts due to the impact of tariffs on Chinese goods and global imports. Companies like PepsiCo, Kimberly-Clark, and Procter & Gamble are warning of lower sales and profits. Consumer sentiment is declining, with concerns about the future of the U.S. economy and rising inflation. Retail sales saw a jump in March driven by pre-tariff purchases.
Author Carol Roth criticizes Trump administration's tariff policies, pointing out lack of cohesive messaging and suggesting a different approach to punishing China.
Durable goods orders in the U.S. surged by 9.2% in March, far exceeding expectations, with a significant increase in transportation equipment orders. Core capital goods orders rose by just 0.1%, indicating slower growth than anticipated. Analysts suggest the surge in orders may be due to front-loading ahead of tariff announcements.
President Trump's tariffs are causing a significant shift in the US economy, compelling businesses to restructure and invest domestically rather than rely on foreign suppliers. Critics argue that tariffs will stifle innovation, but evidence suggests otherwise.
A Chinese-owned factory in Ohio illegally imported workers from China, leading to the seizure of $126 million in assets. The workers were smuggled into the U.S. and housed in boarding houses. The company involved was Fuyao Glass America, known for appearing in the documentary 'American Factory.' The investigation is ongoing.
Gov. Gavin Newsom directed state officials to help oil refineries stay open in California, despite years of anti-climate-change policies. This comes as Valero Energy and Phillips 66 announced refinery closures. The move aims to ensure a reliable fuel supply for the state's auto market.
Allegations of financial and ethical misconduct by Klaus Schwab, founder of the World Economic Forum, prompted an investigation and his resignation. Claims include misuse of company funds, demanding staff to withdraw money, and manipulating research.
Netflix co-CEO Ted Sarandos claims Netflix is saving Hollywood by focusing on consumer preferences and adapting to changing viewing habits, while also discussing the decline of movie theaters and the importance of making movies that fans love. He dismisses the idea of movie theaters being essential for the industry's success.
Elon Musk's Boring Company, despite its high valuation, registered as a small business on a government portal for federal contractors after Donald Trump's 2024 election victory. The company has struggled to generate revenue and seeks federal funding. It has focused on building tunnels in Las Vegas but has faced challenges in other U.S. cities. Boring has received criticism for its financial performance and lack of profitability.
President Trump's administration is privately discussing trade tariff deals with Wall Street executives, potentially reaching an agreement in principle with India which could serve as a template for deals with Japan and other countries, causing market uncertainty.
As imports from China decrease due to the US-China trade war, US retailers are facing a choice between paying tariffs or dealing with shortages on shelves. Retail giants like Walmart, Target, and Home Depot are among the most affected, with potential disruptions to the supply chain and rising costs. The uncertainty surrounding the trade war is causing companies to cancel orders and shipping voyages, leading to a drop in container traffic and increased blank sailings.
U.S. retailers are warning of potential empty store shelves and supply chain disruptions due to President Trump's tariffs on China. Companies are canceling orders and shipments from China, leading to a decrease in imports. The tariffs could result in higher prices for consumers and a limited selection of goods.
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Fox News discusses a New Jersey gubernatorial candidate's investments in Chinese companies, including those with ties to the Chinese military and Chinese Communist Party. The candidate has divested from these companies since 2025.
The article discusses the wide-ranging impacts of tariffs on Canada, affecting Canadian identity, politics, and the economy, even impacting small businesses in Nova Scotia.
President Trump's tariffs have impacted Canada's lobster industry, causing worry and uncertainty among fishermen and lobster companies. The threat of tariffs and the fallout with the U.S. is affecting the country's economy and politics on the eve of a federal election.
DigiKey, a major marketplace for electronic components, faces challenges due to tariffs on Chinese goods, impacting their operations and employees in Thief River Falls, Minn.
The San Juan Basin in New Mexico, one of the oldest federal lands drilling areas, is facing challenges as major oil companies left the region. Despite hopes for a new boom, trade wars and fears of a recession have dampened expectations for higher profits. Local workers and companies are navigating uncertainty and volatility in the oil and gas industry.
Microsoft's antitrust case in the late 1990s serves as a key reference point for the current antitrust case involving Google and the U.S. government. The ruling against Microsoft helped shape current antitrust laws and is being used as a guide for deciding penalties against Google. Both cases revolve around allegations of monopolistic practices in the tech industry.
The article discusses how Chinese manufacturers are competing with Western brands in the gaming industry, benefiting from the U.S.-China trade war. Despite Trump's tariffs, Chinese products are becoming more popular due to their affordability and quality. Consumers are choosing Chinese alternatives for gaming accessories over American brands. The uncertainty surrounding electronics tariffs may impact the prices of American-made products globally.
China contradicts President Trump's claims of active discussions to resolve the trade war, stating that no negotiations have taken place. Tariffs between the two countries remain high, raising fears of a global recession. Mixed messaging from both sides continues to impact markets and trade relations.
OpenAI is considering acquiring Google's Chrome browser to transform it into an AI-centric experience amidst the ongoing search monopoly antitrust trial against Google. This move aligns with OpenAI's ambition to enhance its AI capabilities and expand its reach in the digital landscape.
Sales of new single-family homes surged in March, exceeding economist forecasts. The increase in sales, driven by activity in the South, comes despite concerns about economic growth, mortgage rates, and consumer sentiment. The median sales price of new homes fell, reflecting increased supply at lower price points. Inventory increased to the highest level since 2007.
Intel is reportedly planning significant layoffs, aiming to cut over 20% of its staff under the new CEO's leadership. The company is restructuring to streamline management and focus on engineering-driven culture to compete with industry rivals like Nvidia.
Kevin Systrom testified that Mark Zuckerberg saw Instagram as a threat to Facebook and starved it of resources after acquiring it. The FTC claims Meta sought to establish an illegal monopoly by acquiring Instagram as part of a 'buy-or-bury strategy.' The trial includes emails showing Systrom's frustration with Meta's treatment of Instagram.
Treasury Secretary Scott Bessent delivers a speech calling for China to reform its economic system, emphasizing the need for rebalancing and the end of over-reliance on exports. The U.S. is maintaining tariffs until reform begins and is considering broader factors in its China policy.
Indian and Chinese college-graduate migrants in the U.S. are losing white-collar jobs due to criminal activity being ignored by the Biden administration. American professionals hope for reform to protect their jobs. Indian politicians are pushing for jobs to be reinstated. Scams involving Indian employees at Apple and Fannie Mae have been reported. The U.S. government is cracking down on visa fraud and phone scams run from India.
Citadel CEO Ken Griffin criticizes President Trump's tactics, saying they are making Americans poorer and tarnishing the reputation of US assets. Griffin expresses concern about the impact on the US economy and international relations.
Paramount Global's controlling shareholder and '60 Minutes' managers are at odds due to increased interest in the show, leading to a departure of top producers and concerns about editorial independence.
White House trade adviser Peter Navarro claimed that tariffs announced by President Trump could raise between roughly $2 trillion and more than $4 trillion in federal revenue over a 10-year period. However, multiple economic analyses project that the tariffs will reduce the after-tax income of households by potentially thousands of dollars a year, on average. Navarro's revenue projection is considered exaggerated by independent analyses.
President Trump imposed tariffs on countries trading with America, with Turkey facing a 10% tariff. Turkish officials believe the tariffs are relatively beneficial and will not have a significant impact on the Turkish economy. Turkey plans to send a delegation to Washington to negotiate a better trade deal.
Rep. Jeff Van Drew discusses importance of budget deal, House GOP leader pushing for extension of Trump's 2017 tax cuts, roundtable on preserving tax cuts through reconciliation, potential impact of not extending tax cuts on manufacturing jobs and GDP, call for action to make tax reforms permanent
The Trump administration's new tariffs on imported goods have sparked concerns about a potential recession in the U.S. and globally, prompting increased odds of a recession as per economists at investment banks. The National Bureau of Economic Research (NBER) determines recessions and defines them as a significant decline in economic activity lasting more than a few months.
EU countries plan to impose retaliatory tariffs on up to $28 billion of U.S. imports in response to Trump's tariffs, potentially leading to a global trade war.
President Donald Trump's worldwide tariffs have the potential to reshape the global economy, leading to a possible end of globalization as we know it. The U.S. has applied tariffs to allies like the UK, causing markets to tumble and prompting talks of retaliatory measures by the EU. Economists predict higher prices for consumers and a devaluation of the dollar due to the tariffs.
President Donald Trump's aggressive tariffs have caused turmoil on Wall Street, leading to significant losses in the S&P 500 and Dow Jones Industrial average. The uncertainty surrounding the tariffs and inconsistent messaging have rattled investors and raised concerns about the economy.
China retaliates against Trump's tariffs with more export controls on rare earth minerals, vital to electronics and batteries. China maintains global supply but limits U.S. access. Alternative suppliers have increased production. Chinese export controls target seven minerals with military applications. South Korea assesses impact and seeks alternative supplies.
Newsmax host expresses shock at effects of President Trump's tariffs on retirement savings, former Sen. Rick Santorum discusses impact on 401(k)s of different age groups, Trump's bold move on negotiations with foreign countries, stock market losses, and international trade deals.
The article discusses the rational case for resetting trade and the chaotic implementation of tariffs by the Trump administration, leading to market instability.
US stocks seesawed as investors reacted to rumors of a 90-day pause on tariffs, which were quickly denied by the White House. The uncertainty surrounding Trump's trade policy led to significant market swings.
Donald Trump celebrates "win" at golf championship while markets face historic sell-offs in response to his tariff announcements. He defends tariffs as necessary 'medicine' and claims world leaders and tech leaders are willing to renegotiate.
President Trump promotes controversial new tariff policy as a path to greatness, dismissing fears of recession and criticizing skeptics as weak and stupid.
Amazon introduces Amazon Haul, offering affordable prices on a variety of products including fashion, home items, travel products, and tech. Prime members can enjoy additional benefits. Various items available from phone holders to makeup sponges and dog bowls. Also includes grill accessories and mop slippers.
U.S. stock markets dropped on Monday due to fears of economic devastation from President Trump's tariffs. Trillions of dollars have been wiped out in global stock markets since the tariffs were announced. Major investment banks have cut economic forecasts, with the probability of a recession rising. Some high-profile figures are criticizing Trump's tariff policies.
Microsoft has been halting or delaying data center projects in various countries, leading to concerns about future demand for cloud and AI services. Investors are worried about the company's spending plans and the impact on global tech stocks, particularly chipmakers. Despite the pullback, Microsoft remains committed to significant spending on data center expansion.
White House senior economic counselor Peter Navarro discusses the long-term implications of Trump administration's tariffs on ensuring fair trade for the U.S. economy and highlights positive economic indicators.
French trade minister warns EU could respond 'extremely aggressively' to Trump's tariffs, suggesting freezing access to markets and preventing US investments. Germany urges caution. EU seeks to support European industries and accelerate trade talks amid market turbulence.
Abigail Disney, a left-leaning American and heir to the Walt Disney fortune, advocates for wealthy individuals to pay more taxes. She criticizes Trump and Musk for their actions and the consequences of their decisions. Disney emphasizes the importance of political activism and building grassroots opposition to combat the current political climate in the US.
Elon Musk criticizes President Trump's trade war and tariffs, advocating for a zero-tariff situation between Europe and North America. Musk disagrees with administration officials justifying tariffs on uninhabited islands near Antarctica. Musk mocks Commerce Secretary Lutnick and trade architect Peter Navarro on social media.
Billionaire fund manager Bill Ackman warns of a self-induced economic 'nuclear winter' due to sweeping tariffs imposed by President Trump, urging for a pause and renegotiation of tariff deals.
JPMorgan Chase CEO Jamie Dimon warns that President Trump's tariffs will likely increase prices on domestic and imported goods, slowing down the U.S. economy. Dimon highlights the potential negative effects of the tariffs on inflation, economic growth, and global markets.
CEOs express concerns over President Trump's tariffs leading to a potential recession, price increases, and job losses. Many CEOs expect a moderate or mild recession this year. The uncertainty surrounding the trade policy is causing market panic and a negative outlook for the economy.
President Trump unveils tariff plan on 'Liberation Day', meets with Israeli Prime Minister Netanyahu to discuss global tariffs and trade relations. Tariffs on goods imported from Israel set at 17%. Trade deficit with Israel, U.S. goods trade, and negotiations highlighted.
French startup Beyond Aero is developing a hydrogen-electric jet called BYA-1 with zero emissions and reduced costs, set to launch in 2030. The innovative aircraft promises to be a game changer in the aviation industry.
The article discusses the potential of hydrogen as an energy source and its various applications in agriculture, transportation, and energy production. It highlights efforts to increase domestic hydrogen production and reduce reliance on foreign sources.
Dana and Lauren Cavalea, owners of Freedom Farms in Greene, New York, produce mRNA vaccine-free, grass-fed, grass-finished prime beef with no added hormones. They share their journey of starting the farm and their commitment to providing high-quality, farm-raised meats to Americans nationwide.
Global stock markets plummeted as investors feared economic devastation from President Trump's tariffs, with major banks predicting a high probability of recession. Asia saw significant drops in stock indexes, with Hong Kong's Hang Seng Index falling 13.2% and Taiwan's composite index dropping nearly 10%. European markets and U.S. futures also showed weakness.
Discussion on how new import tariffs could affect household budgets
Small business owners in the U.S. are struggling to cover new costs from tariffs on imports, with some contemplating closing down due to the impact on profit margins and inability to pass all costs to consumers.
Shawn Fain, president of the United Auto Workers, supports tariffs on the U.S. auto industry despite disagreeing with President Trump on other issues. He believes tariffs can address the loss of manufacturing jobs over the past few decades and prevent exploitation of cheap labor. Fain dismisses concerns about price increases and believes the auto industry can adjust to the changes.
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U.S. stock futures dropped significantly due to President Trump's high tariff rates, causing a historic market meltdown. Global markets also suffered losses. Commerce Secretary confirmed that tariffs will remain despite the sell-off.
Treasury Secretary Scott Bessent dismisses concerns about potential recession and retirement savings, emphasizing long-term economic fundamentals. Sen. Adam Schiff criticizes Trump's handling of economy and retirement savings. Officials downplay market reaction to Trump's tariffs, emphasizing long-term benefits. Kevin Hassett of the National Economic Council downplays impact of tariffs on U.S. consumers.
President Donald Trump's recent tariffs aim to revitalize Rust Belt communities by imposing tariffs on imports to restore the American Dream and spark an economic boon for U.S. workers. The plan includes baseline tariffs of 10% on all imports to the U.S. and customized tariffs for countries with higher tariffs on American goods.
Vietnam has asked the United States to delay the implementation of high tariffs, following a 46% tariff rate imposed by President Trump. The Vietnamese government is seeking a one to three month delay for negotiations to benefit both countries' people and businesses.
Apple's CEO Tim Cook's relationship with President Trump, which helped navigate trade war tensions, faces challenges as new tariffs threaten to increase iPhone prices and impact the company's profits and market value.
President Trump abruptly reversed long-standing trade policies, announcing massive tariffs that triggered a stock market crash and global economic uncertainty. The move resulted in retaliatory tariffs from China, margin calls for hedge funds, and a significant devaluation of the US dollar, leading to fears of a global recession.
President Trump continued to drive business to his family-owned resorts in Florida amidst financial market turmoil during his second term in office, hosting a Saudi-backed golf tournament at Trump National Doral and a fund-raiser at Mar-a-Lago.
Elon Musk hopes for a future where tariffs are no longer necessary for the U.S. and Europe, advocating for a zero-tariff situation and a free trade zone between the two regions.
US Representative Marjorie Taylor Greene made significant investments in US Treasury Bills days before Donald Trump's tariffs announcement, which caused the stock market to plummet. She also made smaller investments in companies like Apple Inc and Costco Wholesale Group.
President Trump announced new tariffs on Chinese goods, leading to reciprocal tariffs from China. The increased tariffs are expected to raise the cost of everyday goods produced in China, impacting American consumers. Chinese factories are considering shifting production to avoid tariffs, but challenges remain.
President Donald Trump's 'Liberation Day' tariffs crackdown is expected to increase the price of iPhones significantly due to higher production costs. The tariffs aim to encourage domestic manufacturing but experts warn that moving iPhone production to the US would not be economically feasible.
DOGE boss Elon Musk criticizes Harvard-trained economist Peter Navarro, claiming his education is a 'bad thing' and questioning his practical experience. Musk faces backlash for supporting Trump's tariffs and his actions as the head of DOGE.
Tech mogul Elon Musk breaks with President Trump on expansive tariffs, advocating for a 'zero tariff situation' between the US and Europe. Trump recently announced tariffs on the EU, causing market plunges. Musk supports free trade and freedom of movement between Europe and North America.
Jaguar Land Rover halts shipments to the U.S. in response to 25% tax on vehicle imports by President Trump, affecting Britain's struggling auto industry
Paolo Ardoino, CEO of Tether, supports Trump administration's approach to tariffs, advocating for either zero tariffs for everyone or equal tariffs for everyone. He predicts a possible shift in geopolitical alliances due to tariffs and emphasizes the importance of stability in developing countries through Tether's digital dollar.
Jaguar Land Rover pauses shipments of cars from Britain to the United States in response to President Trump's tariffs. Other British carmakers are expected to follow suit. The U.S. is a significant market for British-made cars, and the new tariffs are a major concern for the industry.
President Donald Trump declares an 'economic revolution' in the United States and urges Americans to stay strong in the face of trade imbalances. He announces reciprocal tariffs on several countries, claiming they have treated the USA unfairly. Major companies are investing billions in the US due to Trump's tariff policies.
Bernhard Eugen Fritsch, CEO of StarClub Inc., was convicted of scamming investors and Hollywood stars out of more than $20 million through false claims about his celebrity app's business performance. He spent the funds on luxury items instead of app development.
President Trump is doubling down on his controversial tariffs program, aiming to reduce America's trade deficit with other countries and bring back jobs and businesses to the U.S. Despite stock market turmoil, Trump remains defiant that his plan will work in the long term.
President Macron called for French businesses to stop investing in the U.S. in response to 'Liberation Day' tariff announcements by President Trump. However, the call was rejected by business leaders in France who refused to abandon the American market.
Sen. Chris Coons of Delaware believes that large tariffs will not bring back steel or auto plants to his state in the short term due to high manufacturing costs. He criticizes the Trump administration for cutting funding to a program that supports small and medium manufacturers.
President Trump introduced tariffs on foreign shrimp imports to support the struggling U.S. domestic shrimp industry. This move has been praised by seafood harvesters and is expected to help them compete with foreign producers.
Sen. Chris Coons argues that tariffs on dirty steel from China and Russia could level the playing field, but they should be used sparingly on close partners and allies. He promotes a bill with Sen. Kevin Cramer to study and prove that U.S. industrial products are cleaner than competitors. Coons believes that tariffs on dirty steel could benefit American markets but may lead to price increases if imposed on a long-term basis.
Sen. David McCormick discusses tariffs and the Trump economic agenda, highlighting the benefits of job creation through investments in the U.S. and addressing unfair global trading practices. He emphasizes the importance of bringing manufacturing jobs back to Pennsylvania and the U.S. through negotiations and tariffs.
The Porsche family, known for their automotive empire, is considering reentering the defense business amid European instability. This move comes as a response to a major German rearmament push and struggling automotive industry. The family has a controversial history involving ties to the Third Reich and wartime production of military vehicles.
McKinsey & Company CEO Bob Sternfels attended the China Development Forum in Beijing, which was backed by the Chinese Communist Party and featured high-ranking CCP officials. Sternfels spoke on demographic change and AI. Lawmakers have criticized McKinsey's ties to the Chinese government, questioning their transparency and work ethics.
Trump imposed new tariffs on Chinese goods, leading to retaliatory tariffs from China, escalating the trade war between the two countries. The cost of everyday goods produced in China is expected to rise, impacting American consumers.
MSNBC host Rachel Maddow criticizes Trump senior advisor Elon Musk after a Wisconsin Supreme Court election loss. Media coverage focuses on Musk's involvement in the election and backlash against Tesla. Networks ignore Musk's government reform efforts and allegations of voter fraud. Musk's time in the Trump administration is scrutinized post-election.