J. Williams

Bessent, Trump Defend Economic Strategy Amid Recession Fears and Retirement Worries

Treasury Secretary Scott Bessent

Treasury Secretary Scott Bessent on Sunday sought to calm public concerns about the possibility of a recession and plummeting retirement savings, asserting that President Donald Trump’s administration is focused on long-term prosperity despite market volatility. During an interview on NBC’s “Meet the Press,” Bessent called recent fears surrounding the stock …

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Wall Street Crashes as Trump Tariffs Roil Global Markets

Stock market on 4/3/025

Stocks took a nosedive on Thursday, wiping out trillions in market value, as President Donald Trump’s sweeping new tariffs shook investor confidence and triggered a global sell-off. The Dow Jones Industrial Average plummeted 1,679 points, or 4%, closing at 40,546. The S&P 500 suffered its worst single-day loss since the …

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Amazon Makes Late Bid for TikTok as Deadline Looms

TikTok

As the deadline for TikTok’s sale approaches, Amazon has entered the race with a last-minute bid to acquire the popular social media platform, according to a source familiar with White House-led negotiations. The bid, first reported by The New York Times, was submitted this week via a letter to Vice …

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Senate Republicans Rebuke Trump, Vote to Block Canada Tariffs

Mitch McConnell

In a rare challenge to President Donald Trump, a group of Senate Republicans joined Democrats on Wednesday to pass a resolution blocking tariffs on Canadian imports. The Senate voted 51-48 in favor of the measure, with four Republicans—Sens. Susan Collins (Maine), Rand Paul (Kentucky), Mitch McConnell (Kentucky), and Lisa Murkowski …

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