Pfizer CEO Albert Bourla is among those expected at a fundraiser President Trump is attending Friday at his golf club in Bedminster, New Jersey, sources told CBS News. The fundraiser for the pro-Trump super political action committee MAGA Inc. aims to raise about $25 million, one of the sources said. One day prior to the event, Mr. Trump sent letters …
Read More »WASHINGTON (AP) — For all of President Donald Trump’s promises of an economic “golden age,” a spate of weak indicators this week told a potentially worrisome story as the impacts of his policies are coming into focus. Job gains are dwindling. Inflation is ticking upward. Growth has slowed compared to last year. More than six months into his term, Trump’s …
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President Donald Trump’s decision to fire the head of the Bureau of Labor Statistics because he didn’t like Friday’s jobs report is a terrible idea that will undermine the public’s confidence in the government’s economic data, a former labor official said. “It’s preposterously stupid and deeply dangerous for our economy,” Seth Harris, who served as the deputy labor secretary under …
Read More »India Aghast at Donald Trump’s ‘Dead’ Economy Jibe, 25% Tariffs Bloomberg US-India relations fray over Donald Trump’s tariff invective and Russian oil Financial Times Is India’s economy ‘dead’ as Donald Trump claimed? The Indian Express Trump is trying to turn India against Russia. It won’t work. MSNBC News Trump’s tariffs could deal a blow to India’s growth and exports BBC Source link
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Russian President Vladimir Putin has voiced hopes for further peace talks with Ukraine – but stressed his troops were “advancing on the entire front line”, despite the threat of looming US sanctions if a ceasefire was not agreed upon. “All disappointments arise from inflated expectations,” Putin said, in an apparent reference to Trump’s “disappointment” with the Russian leader for not …
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The newly announced tariffs by the US government on Brazilian imports, as well as Washington’s move to sanction Brazilian Supreme Court Justice Alexandre de Moraes “for serious human rights abuse,” has caused a strong reaction in Brazil. Brazilian President Luiz Inacio Lula da Silva has condemned American interference in the Brazilian legal system, calling it “unacceptable.” The political motivation behind these measures undermines …
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Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. It’s Tariff Day, the day when President Donald Trump said he would impose severe tariffs on countries that failed to sign trade deals beneficial to the U.S. economy. Whatever one’s take on tariffs in general, Trump’s specific threats and …
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Four months after President Donald Trump’s “Liberation Day” tariff hikes threw the global economy into chaos, we got a sequel — but there appears to be at least somewhat more of a method to Trump’s tariff madness this time around. Trump is using the threat of steep tariffs to try to force dozens of countries to agree to make more …
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The next four-person team to live and work aboard the International Space Station departed from NASA’s Kennedy Space Center in Florida on Friday, taking aim at the massive orbiting research complex for a planned stay of six to eight months. Spacecraft commander Zena Cardman leads the mission, designated Crew-11, that lifted off from Florida’s Space Coast at 11:43 am EDT …
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The U.S. labor market was substantially weaker in the spring and early summer, according to a report Friday from the Labor Department. Employers added far fewer jobs than initially reported. Mario Tama/Getty Images hide caption toggle caption Mario Tama/Getty Images The job market weakened sharply during the late spring and early summer as President Trump’s tariffs began to take effect. …
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