Visitors to the United States will need to pay a new fee to enter the country, according to the Trump administration’s recently enacted bill. A provision in the One Big Beautiful Bill Act states all visitors who need nonimmigrant visas to enter the U.S.—tourists, business travelers and international students, to name a few—must pay a “visa integrity fee,” currently priced …
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U.S. Federal Reserve Governor Christopher Waller said yesterday that he thinks the Fed should cut interest rates at the end of July because he thinks the U.S. economy’s “momentum has slowed significantly,” and he’s worried about unemployment rising. He’s not alone. Oxford Economics’ Ryan Sweet told clients this week that President Trump’s tariffs will shave growth off the U.S. economy. …
Read More »House China Panel Faults Trump’s Move to Ease Nvidia AI Chip Sales Bloomberg Top Republican on China panel objects to resumption of Nvidia H20 chip shipments Reuters How Nvidia’s Jensen Huang Persuaded Trump to Sell A.I. Chips to China The New York Times Nvidia CEO Huang Just Met With China’s Commerce Minister. Why the Stock Is Gaining. Barron’s NVIDIA CEO Jensen Huang Promotes AI …
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Torsten Slok, the chief economist at Apollo, issued a warning for U.S. consumers of what to expect at the end of the year. In an interview with Bloomberg, Slok on Thursday said that the President Donald Trump’s tariffs will push prices higher until inflation is expected to peak in November or December. Slok said that he “absolutely” believes that inflation …
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A federal judge on Friday dismissed President Donald Trump‘s nearly $50 million lawsuit against the journalist Bob Woodward for publishing tapes from interviews for his 2020 best-seller “Rage” as an audiobook. The decision by U.S. District Judge Paul Gardephe in Manhattan is a victory for Woodward, his publisher Simon & Schuster and its former owner Paramount Global. Woodward interviewed Trump …
Read More »SAO PAULO (AP) — U.S. President Donald Trump may have thought that pressuring Brazil with higher tariffs would help his ally, the country’s former President Jair Bolsonaro, but the move apparently backfired. Last week, Trump sent a letter to Brazilian President Luiz Inácio Lula da Silva threatening a 50% import tax and directly linking the decision to Bolsonaro’s trial, which …
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Congressional midterms are an inevitable ordeal for sitting presidents. More often than not, the honeymoon glow of their election win is long gone, and voters arrive at the ballot box prepared to punish the incumbent party. As Republicans gear up for a grueling fight to hold onto their bicameral majority in Congress, President Donald Trump is already trying to rig …
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CNN — President Trump’s lawsuit against journalist Bob Woodward and his publishing house Simon & Schuster was dismissed by a federal judge on Friday, the same day that Trump filed a new and unrelated suit against the Wall Street Journal. US District Judge Paul Gardephe of the Southern District of New York gave Trump’s legal team a month to file …
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WASHINGTON (AP) — The House gave final approval to President Donald Trump’s request to claw back about $9 billion for public broadcasting and foreign aid early Friday as Republicans intensified their efforts to target institutions and programs they view as bloated or out of step with their agenda. The vote marked the first time in decades that a president has …
Read More »Kevin Dietsch/Getty Images 2025-07-18T14:47:55Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Apollo’s chief economist says the most damage from Donald …
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