Trumps
Donald Trump’s greatest weakness is his fear of falling stock prices, Michael Burry says.”The stock market is Trump’s kryptonite,” the investor of “The Big Short” fame wrote in a brief note on his Substack over the weekend.The president’s goal in waging war with Iran has morphed from “revolution” to “just…
Those long TSA lines may not be going away anytime soon. Loading audio narration… President Donald Trump on Sunday night threw a new wrench into ongoing Capitol Hill negotiations to fund the Department of Homeland Security, demanding that Republicans refuse to make a deal with Democrats unless the “SAVE America…
Air travel just got even more chaotic. Loading audio narration… After weeks of airport security lines spilling into sidewalks and parking garages — as unpaid TSA officers call out en masse during the partial government shutdown — Immigration and Customs Enforcement agents have been sent to airports nationwide to help…
Gas prices continued their ascent on Friday as the escalating conflict with Iran sends shockwaves through global energy markets. Loading audio narration… The national average price for a gallon of regular gasoline climbed to $3.32 on Friday, according to AAA — that’s an 11.4% increase from last week’s price and…
Student-loan borrowers are falling behind on payments at record levels.A new report by left-leaning groups, the Century Foundation and Protect Borrowers, found that nearly 9 million student-loan borrowers — or one out of every five — are in default, which typically occurs after a federal borrower hasn’t made a payment…
Call it De-Liberation Day.The Supreme Court blocked a significant chunk of President Donald Trump’s sweeping tariff policy on Friday. But instead of closing the chapter, it’s opened an entirely new book that no one seems to understand.Let’s break it down:Return of the tariffs. Despite the setback, the president isn’t backing…
President Donald Trump has demanded that Netflix remove former US ambassador and national security advisor Susan Rice from its board, stepping up his criticism of the streaming giant as it seeks to merge with Warner Bros. Discovery amid antitrust scrutiny.Rice, who served in senior roles in the Obama and Biden…
The Trump administration’s cornerstone policy just suffered a major setback — but it’s not bad news for everyone.In a 6-3 decision, the Supreme Court ruled on Friday morning that the president does not have the authority to impose tariffs using the International Emergency Economic Powers Act. Most of the tariffs…
The watch world breathed a collective sigh of relief over the Supreme Court’s decision on President Donald Trump’s trade policy.In a 6-3 decision on Friday, the court ruled that imposing most of Trump’s tariffs exceeded his authority under a 1970s law. The ruling is a hefty blow to the policies…
Three conservative justices of the US Supreme Court — Brett Kavanaugh, Clarence Thomas, and Samuel Alito — broke with the majority Friday, arguing that President Donald Trump had clear authority to impose his sweeping tariff policy.The three dissenting justices said the president’s tariffs were perfectly legal under the 1970-era law…
