As the government shutdown enters its second day, President Trump threatens mass layoffs and significant budget cuts, targeting programs crucial to Democrats. The shutdown could lead to severe economic repercussions and affect healthcare funding for millions.
President Trump is under pressure from business leaders to rethink his immigration policies following a historic raid at a Hyundai plant in Georgia, which has sparked outrage and concerns about economic repercussions.
A growing trend of states taxing wealthy second-homeowners is sparking outrage among brokers and buyers. Critics argue these taxes could hurt local economies that rely on affluent residents.
As the Trump administration ramps up pressure on trading partners with looming tariffs deadlines, uncertainty rises for businesses and consumers. Will countries negotiate new deals in time to avoid higher rates?
U.S. President Trump threatens Spain with a tougher trade deal due to its refusal to meet NATO's 5% defense spending target by 2035. At the NATO summit, he emphasized the need for fair contributions and warned of economic repercussions.
Iran's parliament has backed a controversial move to close the Strait of Hormuz, a key oil transit route. This could lead to soaring oil prices and significant global economic repercussions. However, analysts suggest such a closure might be unlikely due to strong US military presence in the region.
In a shocking turn of events, Elon Musk expressed regret over his recent posts about Trump amid their public feud. Musk's comments come as he urges Americans to oppose a controversial tax bill, claiming it could spark a recession.
The US has experienced a credit rating downgrade from Moody's, highlighting growing concerns over the federal deficit and the impact of proposed tax cuts. As lawmakers clash over budget bills, experts warn of potential economic repercussions.
The US and Vietnam are set to begin trade negotiations aimed at reducing non-tariff barriers. This comes after Trump pauses a significant 46% tariff, raising questions about the future of trade relations and economic strategies.
In a bold move, President Trump is imposing a staggering 104% tariff on all Chinese imports, escalating tensions between the US and China. This decision, backed by White House Press Secretary Karoline Leavitt, comes in response to China's retaliatory tariffs. As US stocks react, experts warn of potential layoffs and economic repercussions.
