Tag Archives: reducing

Tariffs: Trump is crowing about his levies reducing the debt by $4 trillion. But there are some caveats

Tariffs: Trump is crowing about his levies reducing the debt by  trillion. But there are some caveats

Facebook Tweet Email Link President Donald Trump is making sure to share – repeatedly – a recent government analysis that shows his sweeping array of tariffs is expected to reduce the federal debt by $4 trillion over the next decade, more than forecast only a few months ago. The president has referenced the Congressional Budget Office report in multiple remarks …

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Bessent says US tariff revenues to rise ‘substantially,’ focus on reducing debt

Bessent says US tariff revenues to rise ‘substantially,’ focus on reducing debt

By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping tariffs imposed by President Donald Trump, and said the money would be used first to start paying down the federal debt, not to give rebate checks to Americans. Bessent, speaking in an interview on CNBC’s “Squawk Box,” said he expected …

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Crocs reducing orders in the second half due to cautious consumer

Crocs reducing orders in the second half due to cautious consumer

Inside a Crocs store at Queens Center in New York. Ryan Baker | CNBC Casual footwear company Crocs plans to reduce orders for the second half of the year amid what its CEO called a “concerning” environment for the consumer. “We see the U.S. consumer behaving cautiously around discretionary spending. They are faced with current and implied future price increases, …

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CEOs Are Publicly Boasting About Reducing Their Workforces With AI

CEOs Are Publicly Boasting About Reducing Their Workforces With AI

Pink Slip Pride Workforce reductions are no longer an admission that companies are struggling; instead, CEOs are using them to boast about their investments in AI. As the Wall Street Journal reports, CEOs are now bragging about shrinking their companies’ staff, highlighting a cooling job market and an unwavering commitment to automation at all costs. Verizon CEO Hans Vestberg told investors …

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Exclusive: Tesla signs $4.3 billion LGES battery deal, source says, reducing China reliance – Reuters

Exclusive: Tesla signs $4.3 billion LGES battery deal, source says, reducing China reliance  Reuters South Korea’s LG Energy Solution signs $4.3 billion battery supply deal with undisclosed party  CNBC Tesla Signs $4.3 Billion Battery Supply Contract With LG Energy  Bloomberg.com Exclusive-LG Energy Solution, Tesla sign $4.3 billion battery supply deal, source says  Yahoo Finance Strategic EV Battery Partnerships: How Hyundai and LG Energy Solution’s …

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Exclusive: Tesla signs $4.3 billion battery deal with LGES, source says, reducing China reliance – Reuters

Exclusive: Tesla signs $4.3 billion battery deal with LGES, source says, reducing China reliance  Reuters South Korea’s LG Energy Solution signs $4.3 billion battery supply deal with undisclosed party  CNBC LG Energy Solution signs $4.3 billion battery supply contract  Yahoo Finance Tesla Signs $4.3 Billion Battery Supply Contract With LG Energy  Bloomberg Strategic EV Battery Partnerships: How Hyundai and LG Energy Solution’s $4.3 Billion …

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Press Release: PayPal Drives Crypto Payments into the Mainstream, Reducing Costs and Expanding Global Commerce

Press Release: PayPal Drives Crypto Payments into the Mainstream, Reducing Costs and Expanding Global Commerce

PayPal Drives Crypto Payments into the Mainstream, Reducing Costs and Expanding Global Commerce Pay with Crypto powers near-instant settlement, seamless international transactions and provides transaction fee savings of up to 90% SAN JOSE, Calif., July 28, 2025 /PRNewswire/ — Businesses around the world lose billions annually in cross border fees while navigating a complex banking system to make and accept …

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Galaxy Z Fold 8 Could Ditch The Titanium Backplate Present In The Galaxy Z Fold 7, Reducing Its Structural Rigidity But Also Giving Samsung More Freedom To Make Healthier Margins By Cutting Down Cost

Galaxy Z Fold 8 Could Ditch The Titanium Backplate Present In The Galaxy Z Fold 7, Reducing Its Structural Rigidity But Also Giving Samsung More Freedom To Make Healthier Margins By Cutting Down Cost

Samsung has yet to put a lid on the pricing for its high-end foldables, which prevents the company from penetrating multiple markets the same way as its regular-shaped smartphones have done. As much as the Korean giant wants to outfit premium materials in its newest devices, shifting global economies probably mean it cannot offer these smartphones at a competitive price. …

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Trump Is Gutting Weather Science and Reducing Disaster Response – The New York Times

Trump Is Gutting Weather Science and Reducing Disaster Response  The New York Times In Texas, cutting-edge weather forecasts hit their limits as Trump budget cuts loom  NBC News Trump-led cuts at NOAA bemoaned by a California-trained ocean researcher  Los Angeles Times Dangerous weather predictions will get tougher after these Trump administration actions  USA Today Ezell: No concerns over NOAA budget cuts, reaffirms position on …

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