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Wall Street Hangs Near Record Amid Concerns on Tariffs
U.S. stock indexes are hanging near their records Monday following President Donald Trump's latest updates to his tariffs, as speculation continues on Wall Street that he may ultimately back down on them
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Trump: Fed Should Drop Interest Rates to 1%
President Donald Trump on Monday renewed his attacks on Federal Reserve Chair Jerome Powell, saying interest rates should be at 1% or lower.
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San Francisco Fed: Tariffs Would Cut Overall Income
The Trump administration's tariffs are likely to boost U.S. manufacturing jobs and real income in a majority of states, but lower employment and income adjusted for inflation in the country as a whole, new research from the San Francisco Federal Reserve showed on Monday.
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Rep. Hamadeh Calls for Fed Chair Powell's Resignation
Rep. Abe Hamadeh, R-Ariz., has joined President Donald Trump's urging for Federal Reserve Chair Jerome Powell to resign. "My call for Chairman Powell's resignation does not come lightly nor without good cause," Hamadeh wrote...
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Dick Morris to Newsmax: $27 Billion Surplus Shows Trump's Tariffs Work
The news that the U.S. Treasury Department posted a budget surplus of $27 billion for the month of June proves that President Donald Trump is correct about his tariffs, Dick Morris, an adviser to the president, said on Newsmax on Saturday.
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Grover Norquist to Newsmax: 'Tariffs Are Taxes'
Grover Norquist, the president of Americans for Tax Reform, told Newsmax on Saturday that he agrees with the controversial viewpoint that tariffs are taxes, but he also said that they are useful tools when used strategically to negotiate better trade agreements.
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Trump Rips Fed Chair Powell: 'Terrible Job'
President Donald Trump continued his criticism of Federal Reserve Chair Jerome Powell for not lowering interest rates. "He's doing a terrible job," Trump said of Powell to reporters outside the White House Friday.
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One-Party City, State Heighten Mamdani's Threat
Aren't there legal guardrails to limit what an irresponsible New York City mayor , even a crazed socialist one , can do?
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Nationwide Injunctions Obliterated in Massive Blow to Liberal Judges
The Supreme Court just handed down a major decision limiting the power of federal judges to issue nationwide injunctions , those sweeping orders that block federal policies across the entire country, even when only a few plaintiffs are involved.
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Education Dept Ending Free Tuition for Illegal Immigrants
The Department of Education has revoked a rule that allowed illegal immigrants to access taxpayer funds for technical and career schools, The Daily Caller reported.
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White House Budget Director: Powell Violated Building Rules
White House budget director Russell Vought suggested in a Thursday letter that Federal Reserve Chair Jerome Powell is in violation of government building rules in the renovation of the Fed's headquarters.
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Trump's Legislative Agenda Targets Socialist Machine
The icing on the cake is the beginning of the next phase of Trump's "Operation Overwhelm:" Legislation. The One Big Beautiful Bill (OBBB) as promised, was signed on Independence Day.
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Venture Firm Andreessen Horowitz Leaves Delaware
Andreessen Horowitz, one of the world's most influential venture capital firms, announced it will move its corporate headquarters from Delaware to Nevada.
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Sen. Marshall: 'Hallelujah' US Nixing China Land Grab
Former President Joe Biden would not do it, but the Trump administration, with Agriculture Secretary Brooke Rollins out front, is moving to block the Chinese purchase of U.S. land, Sen. Roger Marshall, R-Kan., hailed on Newsmax.
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Sen. Bernie Moreno Demands Fed's Powell to Resign
Freshman Sen. Bernie Moreno, R-Ohio, told Federal Reserve Chair Jerome Powell to resign and encouraged colleagues to demand the same.
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Trump Slams Powell Again: 'Too Late' Demeans Great Credit of US
President Donald Trump on Thursday again railed against "Too Late" Federal Reserve Chair Jerome Powell for not lowering the U.S. central bank's benchmark rate.
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Dimon: Market Complacent, Recession Still Possible
JPMorgan Chase CEO Jamie Dimon said Thursday he thought there was complacency in markets in the wake of U.S. President Donald Trump's tariff announcements.
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Germany's Pension Ponzi on the Brink
If you've ever wanted to witness the slow-motion collapse of a Ponzi scheme, you might want to keep an eye on Germany's public pension system.
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Unemployment Claims Fall Unexpectedly to 227K, Remain Historically Low
The number of Americans filing new applications for jobless benefits unexpectedly fell last week, suggesting employers may be holding on to workers despite other indications of a cooling labor market.
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Trump Admin Aims to Get Women Into Apprenticeships
The Labor Department on Wednesday took the wraps off an employment training program focused on getting more women into skilled apprenticeships.
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Bessent Escalates Fed Criticism Amid Race for Chair
Treasury Secretary Scott Bessent, one of several candidates reportedly being considered by President Donald Trump to potentially replace Federal Reserve Chair Jerome Powell, has publicly stepped up his criticism of the central bank's policies in recent months despite an...
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ITS OVER! Trump's 'Big Beautiful Bill' Ends EV Tax Credits
Congress just sent a jolt through America's automotive industry , and this time, it's not about subsidies or mandates.
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GOP Leadership: Congress Prepared to Move on Russia Sanctions
House Speaker Mike Johnson, R-La., and Senate Majority Leader John Thune, R-S.D., said they will be going ahead with new sanctions on Russia.
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Trump Slams Powell: 'Costing US 360B Dollars a Point Per Year'
President Donald Trump on Wednesday again slammed Federal Reserve Chair Jerome Powell, saying on Truth Social "'Too Late,'" as he has nicknamed him, "is costing the U.S. 360 Billion Dollars a Point, PER YEAR, in refinancing costs.
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White House Adviser Hassett Emerges as Serious Contender for Next Fed Chair
White House economic adviser Kevin Hassett is emerging as a serious contender to be the next chair of the U.S. Federal Reserve, The Wall Street Journal reports.