Jun 02 Can Trump fix the national debt? Republican senators, many investors and even Elon Musk are skeptical By Josh Boak, Associated Press The White House has viciously lashed out at anyone who has voiced concern about the debt snowballing under Trump, even though it did exactly that in his first term after his 2017 tax cuts. Continue reading
May 30 Consumer prices rose slightly in April amid Trump’s tariffs By Christopher Rugaber, Associated Press The figures show inflation is still declining from its post-pandemic spike, which reached the highest level in four decades in July 2022. Continue reading
May 29 WATCH: Trump rejects idea he’s ‘chickening out’ on tariffs By Josh Boak, Associated Press President Donald Trump wants the world to know he's no “chicken” just because he's repeatedly backed off high tariff threats. Continue reading
May 29 How cutting Medicaid could upend long-term care for many older Americans By Hannah Grabenstein Experts told PBS News that there are ways to ensure older adults get the quality and type of care they need, but most require more resources, not less. Continue reading
May 29 Appeals court temporarily allows Trump to resume collecting tariffs under an emergency powers law By Paul Wiseman, Associated Press The appeals court temporarily halted the order from a federal trade court issued a day before. Continue reading
May 29 More Americans file for unemployment help but layoffs remain low despite uncertainty over tariffs By Matt Ott, Associated Press Jobless benefits applications rose by 14,000 to 240,000 for the week ending May 24, the Labor Department said Thursday. Continue reading
May 27 S&P 500 rallies 2% as Wall Street responds to Trump delay of 50% EU tariffs By Stan Choe, Associated Press They more than recovered their losses from Friday, when Wall Street's roller coaster dropped after Trump announced the tariffs on the European Union. Continue reading
May 27 U.S. consumer confidence bounces back after five straight months of declines amid tariff anxiety By Matt Ott, Associated Press Consumer confidence jumped 17.4 points to 72.8, but remained below 80, which can signal a recession ahead. Continue reading
May 26 EU trade negotiator says he’s had ‘good calls’ with U.S. after Trump extends tariff deadline By David McHugh, Associated Press The European Union's chief trade negotiator said Monday the EU was “fully committed” to reaching a trade deal by a July 9 deadline, after Trump agreed to delay his threatened 50% tariff — or import tax — on European goods. Continue reading
May 26 U.S. delays threatened 50% tariff on the European Union until July, Trump says By Seung Min Kim, Associated Press The agreement came after a call Sunday with Ursula von der Leyen, the president of the European Commission, who had told Trump that she “wants to get down to serious negotiations,” according to the U.S. president’s retelling. Continue reading