Economy Aug 12 Why economists are criticizing Trump's nominee to oversee data on jobs and inflation President Donald Trump has selected E.J. Antoni, chief economist at the conservative Heritage Foundation, to be the next commissioner at the Labor Department's Bureau of Labor Statistics. Antoni's nomination was quickly met with a cascade of criticism from other economists.
Politics Aug 07 Trump says he is nominating top economic aide Stephen Miran to Federal Reserve board The appointment is Trump’s first opportunity to exert more control over the Fed, one of the few remaining independent federal agencies. Trump has relentlessly criticized the current chair, Jerome Powell, for keeping short-term interest rates unchanged.
Politics Aug 07 Trump wants to change how the Census Bureau collects data President Donald Trump has instructed the Commerce Department to change how the Census Bureau collects data, seeking to exclude immigrants in the United States illegally.
Economy Aug 07 Trump's broad tariffs go into effect just as U.S. economic pain is surfacing The higher import taxes are part of his strategy to reduce the U.S. trade deficit and encourage foreign investment in America.
Politics Aug 06 Trump says he plans to put 100% tariff on computer chips, likely increasing electronics costs President Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, likely raising the cost of electronics, autos, household appliances and other goods deemed essential for the digital age.
Politics Aug 06 WATCH: Trump announces Apple investment of additional $100B in U.S. manufacturing Apple had previously said it intended to invest $500 billion domestically, a figure it will now increase to $600 billion. Trump in recent months has criticized the tech company for efforts to shift iPhone production to India to avoid the tariffs his Republican administration…
Politics Aug 06 Trump to put additional 25% import taxes on India, bringing combined tariffs to 50% The tariffs would go into effect 21 days after the signing of the order, meaning that both India and Russia might have time to negotiate with the administration on the import taxes.
Politics Aug 01 Trump demands that Federal Reserve board wrest full control of central bank from Fed Chair Powell Federal Reserve Chair Jerome Powell has held the Fed's benchmark rate for overnight loans constant this year, saying that Fed officials needed to see what impact President Donald Trump's massive tariffs had on inflation.
Politics Jul 31 Trump signs order imposing new tariffs on many trading partners that go into effect in 7 days President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to go into effect on Aug. 7 — the next step in his trade agenda that will test the…
Politics Jul 31 Trump announces 90-day negotiating period with Mexico as 25% tariff rates stay in place Trump posted online Thursday his phone conversation with Claudia Sheinbaum was "very successful in that, more and more," they are "getting to know and understand each other."…