finance
Money talks; reviewing the global economy, government spending, taxes, and economic policy that affect our social and political future.
Jerome Powell's Latest Speech on Inflation Tariffs and U.S. Economy 2025 Key Insights from the Federal Reserve
Jerome Powell's Latest Speech on Inflation Tariffs and U.S. Economy 2025 Key Insights from the Federal Reserve Federal Reserve Chair Jerome Powell recently addressed the media and financial markets with crucial insights into the current state of the U.S. economy the ongoing inflation battle and the potential impact of tariffs on economic growth. His statements offered a balanced yet cautious tone reflecting the complex interplay of global events monetary policy and domestic economic trends.
By Adnan Rasheed10 months ago in The Swamp
Trump vs China 34% Tariffs Spark New Trade War Crisis.
Trump vs China 34% Tariffs Spark New Trade War Crisis. The ongoing trade war between the United States and China took a dramatic turn this week as China announced a sharp retaliatory move in response to a new wave of American tariffs. Beijing confirmed it would impose a 34% tariff on a wide range of American goods signaling a steep escalation in the economic standoff initiated under former President Donald Trump's administration. The latest development not only deepens the rift between the world's two largest economies but also poses significant implications for global markets manufacturers and consumers.
By Adnan Rasheed10 months ago in The Swamp
Massive Anti-Trump Protests Expected to Draw Thousands to Washington D.C. This Weekend
Massive Anti-Trump Protests Expected to Draw Thousands to Washington D.C. This Weekend Washington D.C. is set to become the epicenter of nationwide dissent this weekend as the "Hands Off!" protest, one of the largest single-day anti-Trump mobilizations since the former president took office, prepares to take over the National Mall. Organizers anticipate a turnout between 10,000 to 20,000 demonstrators on Saturday, April 5th, converging by the Washington Monument at noon.
By Adnan Rasheed10 months ago in The Swamp
How Trump’s Tariffs on China Disrupted Apple’s iPhone Supply Chain and Global Strategy.
How Trump’s Tariffs on China Disrupted Apple’s iPhone Supply Chain and Global Strategy. In an ever globalizing economy where tech giants like Apple have mastered the art of supply chain optimization, political and economic decisions on tariffs can have far-reaching consequences. One such decision former President Donald Trump’s aggressive tariff policies on China has significantly shaken the foundations of Apple’s iPhone empire. These tariffs, aimed at reducing the U.S. trade deficit and bringing manufacturing back to American soil have disrupted not only the tech industry but also the delicate ecosystem on which Apple relies to produce its flagship product the iPhone.
By Adnan Rasheed10 months ago in The Swamp
Trump Fires 6 NSC Officials After Laura Loomer Meeting The Real Reason Revealed!
Trump Fires 6 NSC Officials After Laura Loomer Meeting The Real Reason Revealed! In a shocking turn of events former President Donald Trump has dismissed six senior officials from the National Security Council (NSC) following a private Oval Office meeting with controversial right wing activist Laura Loomer. The unexpected move has sparked widespread speculation and debate in political circles, raising questions about the motivations behind these firings.
By Adnan Rasheed10 months ago in The Swamp
"Trump's New Tariffs Target Australian Territory – Even Penguins Aren't Spared!"
Trump's Tariffs Target Heard Island and McDonald Islands Australian Territory Inhabited by Penguins. In a surprising turn of events former U.S. President Donald Trump’s proposed tariff policies have reportedly targeted Heard Island and McDonald Islands a remote Australian territory inhabited primarily by penguins and other wildlife. The move has left economists environmentalists and policy experts scratching their heads as these isolated islands have virtually no trade relationship with the United States.
By Adnan Rasheed11 months ago in The Swamp
No Tariffs for Russia? The Hidden Story Behind Trump’s Trade Moves
One notable absence from former President Donald Trump’s latest tariff list targeting U.S. trade partners is Russia. According to a report by Axios, White House Press Secretary Karoline Leavitt explained that Russia was excluded due to existing U.S. sanctions, which effectively limit any meaningful trade between the two nations. She also noted that Cuba, Belarus, and North Korea were omitted for similar reasons.
By arafat chowdhury11 months ago in The Swamp
Cory Booker's 25 Hour Speech A Historic Protest But Democrats Must Do More.
Cory Booker's 25 Hour Speech A Historic Protest But Democrats Must Do More. Overnight Sen. Cory Booker D-N.J made history by delivering the longest speech ever given on the Senate floor 25 hours and five minutes. From Monday night into Tuesday he passionately voiced the concerns of millions of Americans who feel unheard in Donald Trump’s second term as president. Booker's speech was a dramatic demonstration of resistance but as historic as it was it is not enough. The urgency of this moment requires more than just words it demands action.
By Adnan Rasheed11 months ago in The Swamp
Trump’s Tariff Gamble: Boosting U.S. Industry or Igniting a Trade War?
U.S President Donald Trump has announced sweeping new tariffs, escalating tensions between the United States and its key trading partners. The new measures, which impose a 34% tariff on imports from China and a 20% levy on goods from the European Union, signify a significant departure from long-standing global trade policies. These tariffs, alongside a 10% baseline tax on all imports, mark a dramatic restructuring of international commerce and could ignite a broader trade war with economic consequences worldwide.
By arafat chowdhury11 months ago in The Swamp
World's Richest Billionaires Named - Elon Musk Tops Forbes' List. AI-Generated.
World's Richest Billionaires Named - Elon Musk Tops Forbes' List Forbes has released its latest annual list of the world's billionaires, revealing that there are more billionaires than ever before. At the top of this exclusive list is none other than tech mogul and Tesla CEO Elon Musk, reclaiming the number one position from Bernard Arnault, the French luxury goods magnate.
By Adnan Rasheed11 months ago in The Swamp
Trump’s New Tariffs 2025: How They Impact Global Trade.
Trump’s New Tariffs 2025: How They Impact Global Trade On April 2, 2025 President Donald Trump announced the implementation of sweeping new tariffs on several key U.S. trading partners marking a significant escalation in global trade tensions. Dubbed "Liberation Day" by the administration these measures aim to address what the President describes as longstanding unfair trade practices that have disadvantaged American workers and industries.
By Adnan Rasheed11 months ago in The Swamp
Two-Thirds of Americans Now Say They Wouldn’t Drive a Tesla.
Two-Thirds of Americans Now Say They Wouldn’t Drive a Tesla. Tesla once the dominant force in the electric vehicle (EV) industry is experiencing a significant decline in consumer interest. According to a recent Yahoo News/YouGov poll 67% of Americans now say they would not consider buying or leasing a Tesla. A key factor influencing this shift appears to be Tesla CEO Elon Musk himself whose political activities and public persona have alienated a large segment of potential buyers.
By Adnan Rasheed11 months ago in The Swamp
