Aug 02 Watch 5:26 Economist analyzes fallout of Trump’s sweeping new tariffs and firing of BLS commissioner By Ali Rogin, Zoie Lambert The White House’s announcement Friday that it will impose hefty tariffs on imports from nearly 70 countries next week triggered the worst day on Wall Street in more than a month. Those economic jitters were compounded by a weaker than… Continue watching
Aug 02 WATCH: ‘I think their numbers were wrong,’ Trump says after firing BLS head over jobs report By Associated Press President Donald Trump says he "did the right thing" by having his team remove the head of the agency that produces the monthly jobs figures, after a weak report showed hiring slowed and was much weaker in April and May… Continue reading
Aug 01 Watch 8:32 Tariffs will help improve ‘broken global economic situation,’ economist Oren Cass says By Geoff Bennett, Jackson Hudgins President Trump announced another list of new tariffs on more than 60 countries, an unprecedented economic move that seeks to remake the global trade system. The tariffs, which range in rates from 10 to 41 percent, will take effect next… Continue watching
Aug 01 Trump officials weigh fate of $9M contraceptives stockpile feared earmarked for destruction By Lorne Cook, John Leicester, Associated Press Funded by U.S taxpayers, the family planning supplies were intended for women in war zones, refugee camps and elsewhere, according to a bipartisan letter of protest to Secretary of State Marco Rubio from two U.S. senators. Continue reading
Aug 01 Watch 4:31 A look at Trump’s effort to reshape the White House in his image By Geoff Bennett, Doug Adams The Trump administration announced plans for one of the largest renovations to the White House in decades. It includes a 90,000 square foot state ballroom that will be built in the East Wing at a projected cost of $200 million. Continue watching
Aug 01 Smithsonian removes Trump from an exhibit’s impeachment display, but says it’s temporary By Hillel Italie, Associated Press The Smithsonian Institution has removed from an exhibit a reference to President Donald Trump's two impeachments, a decision that comes as the White House exerts pressure to offer a more positive — and selective — view of American history. A spokesperson said the… Continue reading
Aug 01 CPB says it is shutting down after being defunded by Congress, targeted by Trump By Ted Anthony, Kevin Freking, Associated Press The Corporation for Public Broadcasting announced Friday it would take steps toward its own closure after being defunded by Congress — marking the end of a nearly six-decade era in which it fueled the production of renowned educational programming, cultural… Continue reading
Aug 01 Trump fires Bureau of Labor Statistics commissioner after dismal employment report By Christopher S. Rugaber, Associated Press President Donald Trump on Friday removed the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported. Continue reading
Aug 01 What consumers can expect from import taxes as the U.S. sets new tariff rates By Dee-Ann Durbin, Anne D'Innocenzio, Associated Press Tariffs are a tax, and U.S. consumers are likely to foot at least part of that bill. Continue reading
Aug 01 U.S. employers added just 73,000 jobs last month as labor market weakens in face of Trump trade wars By Paul Wiseman, Christopher Rugaber, Associated Press The unemployment rate ticked up to 4.2% as Americans dropped out of the labor force. Continue reading