Trump Administration – Page 20 – Virgin Islands Free Press

Fear that Trump tariffs will spark recession slashes billions of dollars from US stock values

NEW YORK (AP) — U.S. companies had billions of dollars in value wiped out after President Donald Trump slapped sweeping tariffs on foreign imports. Virtually every sector suffered big losses…

John McCarthy April 3, 2025

Breaking News Business News International News

Trump stokes trade war as world reels from tariff shock

WASHINGTON (Reuters) — President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an…

John McCarthy April 3, 2025

Breaking News Business News Health News

Elon Musk dramatically steps down from DOGE in shock move after Trump expressed private doubts

WASHINGTON (DM) — President Donald Trump has told his Cabinet and inner circle that Elon Musk is stepping back from his government role. The Tesla and Space X founder will soon be returning to the business…

John McCarthy April 2, 2025

Breaking News Health News National News

Layoffs begin at US health agencies charged with tracking disease, researching and regulating food

WASHINGTON (AP) — Employees across the massive U.S. Department of Health and Human Services began receiving notices of dismissal on Tuesday in a major overhaul expected to ultimately lay off up to…

John McCarthy April 1, 2025

Breaking News Military News National News

‘Fight club mentality’: Trump avoids firings as pressure grows

For nearly two decades, Donald Trump traded on the phrase, “you’re fired.” That sentiment is so far nowhere to be found in his White House. This year has already brought…

John McCarthy March 31, 2025

Breaking News Business News National News

Tesla trade-ins at record levels in the US

Motorists in the United States traded in a record number of Tesla electric vehicles in February 2025 – the first full month since CEO Elon Musk began his government role…

John McCarthy March 31, 2025

Breaking News International News Military News

Iran has rejected direct negotiations with the US in response to Trump’s letter

TEHRAN, Iran (AP) — Iran’s president said Sunday that the Islamic Republic rejected direct negotiations with the United States over its rapidly advancing nuclear program, offering Tehran’s first response to…

John McCarthy March 30, 2025

Breaking News Military News National News

Pete Hegseth brought wife to sensitive military meetings raising more questions in wake of Signalgate

WASHINGTON (DM) — Pete Hegseth, already under fire for leaking strike plans in a group chat that inadvertently included a journalist, reportedly brought his wife into at least two high-level…

John McCarthy March 29, 2025

Breaking News Business News Consumer News

Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy and stagflation

NEW YORK (AP) — Another wipeout walloped Wall Street today. Worries are building about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade…

John McCarthy March 28, 2025

Breaking News Business News Consumer News

Record egg prices continue to soar — here’s how to find relief

It used to be the case that if you wanted an inexpensive source of protein, you’d head to the grocery store and grab a dozen eggs. That’s no longer the case.…

John McCarthy March 28, 2025