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193 Beiträge9 Beteiligte29 Beiträge heute

Jobs reports for January and February have been downgraded

U.S. added 228,000 jobs in March, beating forecasts, as economists warn of turbulence

The surprise jump in hiring did little to cheer investors after Thursday's historic selloff, with analysts already saying last month's data reflects an economic reality Trump has upended
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nbcnews.com/business/economy/m

NBC News · U.S. added 228,000 jobs in March, beating forecasts, as economists warn of turbulenceVon Rob Wile

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"We've Been Here Before"

As a student of history, this is not the first time the US has enacted tariffs to raise revenues.

The first time was in 1930 and led to the worsening of the Great Depression.

In 1930, the government was in desperate need of operating revenue.

In 2025, Donald Trump wants a $4.5 trillion dollar tax cut for the wealthy; he..

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A federal judge will temporarily block the Trump regime from cutting billions in federal dollars that support COVID-19 initiatives and public health projects throughout the country.

U.S. District Judge Mary McElroy in Rhode Island said Thursday that she plans to grant the court order sought by 23 states and the District of Columbia.
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pbs.org/newshour/politics/fede

"Once In A Generation!“

The National Weather Service warns of historic rainfall sweeping across the American South and Midwest through the weekend.

This intense weather pattern has resulted in seven deaths and continues to pose a significant risk to the lives and livelihoods of millions of people in the region.

At least seven people have died in Tennessee, Missouri and Indiana due to these violent storms
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npr.org/2025/04/03/g-s1-58088/

CHINA BITES BACK!

China's finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.

The ministry criticized Washington's decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as "inconsistent with international trade rules."

U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.
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cnbc.com/2025/04/04/china-to-i

Trump Tariffs Hit iPhones

Apple equipment in the US to become 30-40% more expensive.

Apple's production facilities are located in China and other Asian countries, on which Trump has imposed high tariffs.

Apple shares fell 8%. The corporation lost about $300 billion in capitalization.

Trump's decision to impose tariffs on the entire world has caused the biggest collapse in the US stock market: American companies' shares have fallen by almost $3 trillion in an hour.
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