Powell warns inflation is sticking around thanks to Trump’s tariffs
Fed Chair Jerome Powell said inflation is unlikely to make further progress this year due in part to Trump's tariffs.He added that the Fed's inflation forecast is rising primarily due to uncertainty with Trump's policies.Powell's comments followed the Fed's decision to hold interest rates steady on Wednesday.The head of the nation's central bank said President…
Trump limits a student-loan forgiveness program for millions of public servants...
Trump signed an executive order aimed at limiting eligibility for the Public Service Loan Forgiveness program.Trump said the order would restrict employers engaging in "anti-American" activities from participating.Millions of government and nonprofit workers rely on PSLF for student-debt relief.President Donald Trump's latest executive order took on a major student-loan forgiveness program in the administration's latest…
Trump’s education secretary says over 300 employees accepted the $25,000 buyout....
Education Sec. Linda McMahon told NewsNation that over 300 employees accepted the $25,000 buyout.She also said that she's looking into transferring student loans and Pell Grants to other federal agencies.It's part of the Trump administration's broader goal to dismantle the Department of Education.After being on the job for just a few days, President Donald Trump's…
Trump has hit Canada, Mexico, and China with tariffs. Here are...
After a monthlong delay, Trump added new tariffs on Canada and Mexico on Tuesday.Trump added to existing China tariffs, too.Here are the goods imported into the US the most from these three countries.When evaluating how President Donald Trump's new tariffs on Mexico, Canada, and China could impact Americans, start by looking at the goods imported…
Trump’s tariffs on Canada, Mexico, and China are here
Trump's tariffs on Canada, Mexico, and China are now in effect.The Trump administration is imposing a 25% tariff on imports from Canada and Mexico.Trump doubled the US's additional tariffs on China from 10% to 20%.President Donald Trump's new tariffs on Mexico, Canada, and China are here.Tariffs of 25% on imports from Canada and Mexico went…
Trump’s tariffs on Canada, Mexico, and China are now in effect
Trump's tariffs on Canada, Mexico, and China are now in effect.The Trump administration is imposing a 25% tariff on imports from Canada and Mexico.Trump doubled the US's additional tariffs on China from 10% to 20%.President Donald Trump's new tariffs on Mexico, Canada, and China are here.Tariffs of 25% on imports from Canada and Mexico went…
Canada and Mexico hit back at Trump’s tariffs as China vows...
Trump signed an executive order to implement tariffs on Mexico, Canada, and China.He has been threatening the tariffs on the three countries and others for months.Canada and Mexico have vowed to impose retaliatory tariffs against the US.Canada and Mexico have hit straight back at President Donald Trump's latest tariffs, vowing to impose retaliatory levies on…
Trump’s new tariffs on Mexico, Canada, and China are now official....
Trump signed an executive order to implement tariffs on Mexico, Canada, and China.He has been threatening the tariffs on the three countries and others for months.Here's where his trade proposals stand, and how they could affect consumers.President Donald Trump's long-anticipated tariffs on goods from China, Canada, and Mexico were made official on Saturday, according to the…
What we know about Trump’s plan to cut the federal workforce...
The Trump administration is starting to roll out its plans to reduce the federal workforce.They include a federal-worker buyout, a return-to-office mandate, and a hiring freeze.Here's what we know so far — and what's still unknown — about the plans for federal workers.President Donald Trump is using multiple avenues to follow through on his plan…
Trump promises 25% tariffs on Canada and Mexico are coming on...
Donald Trump did not immediately impose tariffs on Inauguration Day, despite his campaign promises.He vowed tariffs are coming February 1 and will lead to "massive amounts of money" entering the US Treasury.Trade experts have said broad tariffs could increase prices for consumers and spark inflation.President Donald Trump is back in the White House, and one…