Stock futures rose as Wall Street anticipates President Trump's imminent tariffs. With potential 20% tariffs on imports, investors brace for market shifts amid ongoing volatility. Could a rally be on the horizon?
In a controversial move, the Trump administration begins cutting up to 10,000 jobs at HHS as part of a restructuring plan. Key agencies face significant layoffs, impacting healthcare oversight and services.
In a surprising turn, US employers have reduced their hiring plans, with federal government layoffs reaching the highest levels in over four years. The latest labor data reveals a concerning drop in job openings, signaling potential economic turbulence ahead.
The White House is considering a dramatic 20% tariff on most imports, potentially plunging the U.S. into recession. Will Trump's aggressive trade strategy save American jobs or harm the economy?
Goldman Sachs forecasts three interest rate cuts this year, citing increased recession risks and tariff uncertainties linked to Trump's upcoming announcement. The firm predicts a 35% chance of recession within a year.
The FCC is probing Disney and ABC over alleged violations of equal employment opportunity regulations linked to their diversity, equity, and inclusion initiatives, raising questions about the future of DEI in corporate America.
In a significant legal twist, a D.C. federal appeals court temporarily blocked the reinstatement of NLRB's Gwynne Wilcox and MSPB's Cathy Harris, as the Trump administration's firings face scrutiny. The ruling sets the stage for a potential Supreme Court showdown.
The FCC, led by Chairman Brendan Carr, is investigating Disney's DEI practices, raising concerns over potential discrimination. Disney has revised its programs, but questions remain about compliance.
The Federal Reserve keeps the federal funds rate steady while navigating a complex economic landscape. With solid growth and elevated inflation, how will this impact your finances?
In a stunning legal reversal, the Trump administration must rehire nearly 25,000 federal workers after judges deemed their terminations illegal. This move could reshape the federal workforce and impact unemployment claims.