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Trump proposes $163 billion cut to federal budget
Posted inBreaking News Business News National News

Trump proposes $163 billion cut to federal budget

WASHINGTON (Reuters) — President Donald Trump's administration today proposed a $163 billion cut to federal spending next year, which would eliminate more than a fifth of the non-military spending excluding mandatory…
Posted by John McCarthy May 2, 2025
Trump says US kids may get ‘2 dolls instead of 30,’ but China will suffer more in a trade war
Posted inBreaking News Business News Consumer News

Trump says US kids may get ‘2 dolls instead of 30,’ but China will suffer more in a trade war

WASHINGTON (AP) — President Donald Trump today acknowledged that his tariffs could result in fewer and costlier products in the United States, saying American kids might “have two dolls instead of 30…
Posted by John McCarthy April 30, 2025
Russia’s foreign minister visits the Dominican Republic to strengthen economic and commercial ties
Posted inBreaking News Business News Caribbean News

Russia’s foreign minister visits the Dominican Republic to strengthen economic and commercial ties

SANTO DOMINGO, Dominican Republic (AP) — Russia expects to open its first embassy in the Dominican Republic as Foreign Minister Sergey Lavrov defined the Caribbean country as a “promising partner”…
Posted by John McCarthy April 30, 2025
US economy shrinks in first quarter as tariffs unleash flood of imports
Posted in2016 Presidential Election Breaking News Business News

US economy shrinks in first quarter as tariffs unleash flood of imports

WASHINGTON (Reuters) — The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses raced to avoid higher…
Posted by John McCarthy April 30, 2025
Trump eases auto tariffs burden as Lutnick touts one done foreign trade deal
Posted inBreaking News Business News Consumer News

Trump eases auto tariffs burden as Lutnick touts one done foreign trade deal

DETROIT (Reuters) — President Donald Trump signed a pair of orders to soften the blow of his auto tariffs today with a mix of credits and relief from other levies…
Posted by John McCarthy April 29, 2025
Urgent recall for popular Trader Joe’s item that could leave millions wheezing and vomiting
Posted inBreaking News Business News Consumer News

Urgent recall for popular Trader Joe’s item that could leave millions wheezing and vomiting

A premade salad from Trader Joe's has been urgently recalled for an undeclared allergen that could leave millions wheezing and vomiting.  Trader Joe's has voluntarily recalled a limited quantity of…
Posted by John McCarthy April 29, 2025
Royal Caribbean raises annual profit target on strong demand, lower fuel costs
Posted inBreaking News Business News Caribbean News

Royal Caribbean raises annual profit target on strong demand, lower fuel costs

MIAMI (Reuters) - Royal Caribbean raised its annual profit forecast today, benefiting from strong bookings and lower fuel costs, sending the cruise operator's shares up about 5% in premarket trading. Growing…
Posted by John McCarthy April 29, 2025
Loss of power, Franco-Spanish interconnection failure led to grid collapse
Posted inBreaking News Business News International News

Loss of power, Franco-Spanish interconnection failure led to grid collapse

MADRID (Reuters) - A massive blackout that hit most of the Iberian Peninsula today was due to a sudden, large drop in power supply that caused the grid interconnection between Spain and…
Posted by John McCarthy April 28, 2025
Trump made big promises and moved at frenetic speed. 100 days in, here’s what he’s done and not done
Posted inBreaking News Business News Education News

Trump made big promises and moved at frenetic speed. 100 days in, here’s what he’s done and not done

WASHINGTON (AP) — The weeks since President Donald Trump returned to office have been a whirlwind of activity to show Americans that his administration is relentlessly pursuing his promises. With a compliant Republican-controlled…
Posted by John McCarthy April 28, 2025
Trump’s first 100 days are the worst for the stock market since Nixon
Posted inBreaking News Business News National News

Trump’s first 100 days are the worst for the stock market since Nixon

President Donald Trump’s first 100 days in office are the worst for the stock market for the start of a president’s four-year term since the 1970s. The S&P 500′s 7.9% drop…
Posted by John McCarthy April 28, 2025

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