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Economy

“U.S. will collapse Iran’s economy by shutting down its oil industry, Treasury secretary says”

March 7, 2025

“President Donald Trump’s sanctions against Iran are designed to shut down the country’s oil industry and “collapse its already buckling economy,” Treasury Secretary Scott Bessent said Thursday. The U.S. is deploying sanctions against Iran aggressively for “immediate maximum impact,” Bessent told… Continue Reading…

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Economy

“Walmart Asks Chinese Suppliers for Major Price Cuts on Trump Tariffs”

March 6, 2025

“Walmart Inc. has asked some Chinese suppliers for major price reductions, with the US retail giant’s efforts to shift the burden of President Donald Trump’s tariffs facing strong pushback from firms in the Asian nation, according to people familiar with… Continue Reading…

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Economy

“US trade deficit hits record high in January on imports surge”

March 6, 2025

“…The trade gap surged 34.0% to an all-time high of $131.4 billion from a revised $98.1 billion in December, the Commerce Department’s Bureau of Economic Analysis (BEA) said on Thursday. The percentage change was the largest since March 2015. Economists… Continue Reading…

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Economy

“Wealth creation is booming as multimillionaire population jumps 5.2% in the U.S.”

March 6, 2025

“…The number of high-net worth individuals — or those with assets worth more than $10 million — rose 4.4% worldwide in 2024, to 2,341,378, but jumped 5.2% in North America, according to the annual Wealth Report by global real estate consultancy Knight… Continue Reading…

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Economy

“Trump backs latest Canada, Mexico tariffs and preps markets for ‘a little disturbance’ during first address to Congress”

March 5, 2025

“The president even acknowledged economic discomfort when discussing tariffs, saying, “there’ll be a little disturbance, but we’re OK with that. It won’t be much.”…” https://finance.yahoo.com/news/trump-backs-latest-canada-mexico-tariffs-and-preps-markets-for-a-little-disturbance-during-first-address-to-congress-041815289.html Of course there will be a little pain. This will fix our problems as a… Continue Reading…

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Economy

[Grandstanding] “China says it is ‘ready for war’ with America”

March 5, 2025

“In a direct threat to Donald Trump, China’s representatives in America said: “If war is what the US wants, be it a tariff war, a trade war or any other type of war, we’re ready to fight till the end.”… Continue Reading…

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Economy

“Trump says the U.S. will take control of Greenland ‘one way or the other’”

March 5, 2025

“President Donald Trump said in his joint address to Congress that the U.S. would assume control of Greenland “one way or the other.” “We need Greenland for national security and even international security, and we’re working with everybody involved to… Continue Reading…

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Economy

“Trump Agriculture Boss Says Cash-Strapped Americans Can Raise Their Own Chickens to Save on Eggs”

March 5, 2025

“Rollins offered the bizarre advice on Fox & Friends Weekend Saturday after anchor Rachel Campos-Duffy raised the possibility of an investment in small farms to boost egg production. “I think the silver lining in all this is how do we, in our backyards —… Continue Reading…

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Economy

Ukraine: Trump’s Pauses Military Aid

March 4, 2025

“Ukraine said on Tuesday its forces could hold their own on the battlefield as they fight Russian troops after U.S. President Donald Trump paused military aid to Kyiv in the most dramatic step yet in his pivot towards closer ties… Continue Reading…

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Economy

Backstabbing Ukraine Attempted to Steal Money From U.S. To Continue War Efforts: “Zelenskyy says end of war ‘still very, very far away’ — and Trump’s not happy”

March 4, 2025

“President Donald Trump slammed Ukrainian President Volodymyr Zelenskyy on Monday for suggesting that the end of Russia’s war against Ukraine likely “is still very, very far away.” The comments come as prominent Trump allies escalate pressure on Zelenskyy to dramatically… Continue Reading…

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