Trump’s proposal to use tariffs for tax cuts is meeting skepticism from GOP lawmakers Trump’s Tariff Plan to Fund Tax Cuts Faces Republican Resistance in Congress Washington: So, President Trump is trying to use money from higher tariffs on imports to help pay for extending tax cuts. But it looks like he’s running into some…
The Biden administration aims to restrict duty-free imports under $800, impacting e-commerce firms and addressing trade loopholes. Biden Administration Introduces Last-Minute Rules to Limit Low-Value Shipments Washington: The Biden administration just dropped some new rules to tackle low-value shipments. They’re looking to limit those duty-free imports that fall under the $800 threshold. This is a…
Long-term interest rates are rising, causing rifts among Republicans about funding Trump’s tax cuts amid growing debt concerns Rising Long-Term Rates Create Tensions Among GOP Over Tax Cut Funding Washington: So, it looks like rising long-term interest rates are stirring up some serious tension among Republicans. They’re trying to figure out how to pay for…
Trump’s advisers aim to transform a government agency into a major investment tool Trump’s Team Eyes Wealth Fund Strategy for Small Lending Agency Washington: So, Donald Trump is looking to create what he calls “the greatest sovereign wealth fund of them all.” His team thinks a government agency could help pull in a ton of…
Trump aims to support the crypto industry, promising significant changes and new leadership Trump’s Promises to the Crypto Industry: What to Expect in His Second Term Washington: So, Trump is back in the game, and he’s got big plans for the crypto world. He’s all about making the U.S. the “crypto capital of the planet.”…
A lawsuit claims Procter & Gamble misled consumers about Charmin’s environmental impact Procter & Gamble Faces Lawsuit Over Alleged Greenwashing of Charmin Seattle: So, there’s this lawsuit going around that’s got Procter & Gamble in hot water. It’s all about Charmin toilet paper and some serious claims of greenwashing. Basically, a group of eight consumers…
President Trump plans to elevate cryptocurrency as a key policy focus, involving industry leaders in his administration’s decisions. Trump Aims to Make Cryptocurrency a National Priority in New Executive Order Washington: So, it looks like President Trump is gearing up to make crypto a big deal. He’s planning to sign an executive order that would…
Bitcoin’s price has soared over $100,000, fueled by expectations of early crypto initiatives from Trump. Bitcoin Surges Past $100,000 as Trump Prepares for Crypto Action Washington: Bitcoin is making headlines again, hitting over $100,000 early Friday. The crypto world is buzzing with excitement, especially with Trump set to take office next week. It’s wild to…
U.S. manufacturing output rose 0.6% in December, boosted by Boeing’s production recovery after a strike, signaling a positive trend for the economy. US Manufacturing Output Sees Strong Growth in December Amid Boeing Recovery Washington: So, here’s the scoop. U.S. manufacturing really picked up in December, mainly because Boeing got back to work after that big…
IMF’s Gourinchas cautions that Trump’s policies could lead to rising inflation in the US economy Trump’s Economic Plans May Spark Inflation, Warns IMF Chief Economist Washington: So, the IMF’s chief economist, Pierre-Olivier Gourinchas, just dropped some serious thoughts on Trump’s economic plans. He believes that if Trump goes ahead with his ideas to raise tariffs…
