President Donald Trump is blaming former President Joe Biden for the worst stock market performance in a new administration’s first 100 days since Richard Nixon — even as economists and investors tie recent declines to Trump’s own sweeping tariff policies. On Wednesday, the Commerce Department reported that the U.S. economy …
Read More »Democrats Call for Investigation Into Trump’s Market-Timed Stock Tip and Tariff Rollback
A rapid rise in the stock market following President Donald Trump’s Truth Social post encouraging Americans to buy stocks — shortly before his surprise announcement easing tariffs — has sparked a growing demand among Democrats for a federal investigation into possible insider trading or market manipulation. At the center of …
Read More »Trump Halts Tariffs for 90 Days—Except on China, Which Now Faces 125% Duties
In a stunning reversal, President Donald Trump announced Wednesday that he is pausing his most aggressive round of tariff hikes for 90 days for most U.S. trading partners—while simultaneously increasing duties on China to an unprecedented 125%. Trump’s decision, shared in a social media post at 1:26 p.m., came just …
Read More »Bessent, Trump Defend Economic Strategy Amid Recession Fears and Retirement Worries
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 …
Read More »Wall Street Crashes as Trump Tariffs Roil Global Markets
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 …
Read More »Senator Elizabeth Warren Reintroduces Bill To Stop Lawmakers From Trading Stocks
Senator Elizabeth Warren and Representative Pramila Jayapal are reintroducing a bill that stops lawmakers from trading stocks. Democrats will make this a key aspect of Georgia’s two Senate runoffs. Democrats accuse Georgia Senators Kelly Loeffler and David Perdue of using private information from congressional briefings to buy and sell stocks …
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