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Trump official sent ‘clearest sign yet’ of economic crisis — and time is running out
2+ week, 6+ day ago (199+ words) A Trump administration official has sent the “clearest sign yet” that an economic crisis is on the horizon, and time is running out to avert a total meltdown, according to a new column. However, she warned, it may be too…...
Traders bet bitcoin was stuck below $67,000. The Treasury blew that trade up in one afternoon
2+ week, 6+ day ago (729+ words) Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington. Bitcoin had dropped from a January high of around $95,000 to below…...
Despite his $2.6 billion net worth, MrBeast said he’s had to borrow cash and didn’t even have enough money in his bank accou
3+ week, 7+ min ago (465+ words) “I’m borrowing money. That’s how little money I have,” Donaldson told the Wall Street Journal earlier this year. “Technically, everyone watching this video has more money than me in their bank account if you subtract the equity value of my…...
New student-loan repayment glitches are throwing borrowers’ budgets into limbo
3+ week, 1+ hour ago (831+ words) On August 1, Daniela Perez received three separate emails from her student-loan servicer, MOHELA. The first read “Your payment is due soon.” Then “Account is over 210 days delinquent.” Finally: “Loan default is approaching.” She immediately logged in to her account, which…...
Trump’s Top Trade Representative Details Offer That Canada Rejected
3+ week, 9+ hour ago (816+ words) The United States had offered to reduce its tariffs on steel, aluminum and autos, and eliminate a recently imposed tariff on Canadian lumber, before negotiations suddenly collapsed last night, Jamieson Greer, the U.S. trade representative, said Saturday. In an interview with…...
Canada sets retaliatory tariffs in response to 50% U.S. levies as trade talks fail
3+ week, 16+ hour ago (769+ words) U.S. tariffs on some Canadian goods took effect early Saturday, after a potential deal between the United States and Canada fell apart, a move that immediately drew a pledge of retaliation from America’s northern neighbor. Beer, dairy and a long list…...
Trump’s stock disclosure shows more than 1,000 trades in June
3+ week, 16+ hour ago (157+ words) The transactions totaled between $78.1 million and $263.1 million in the filing published by the US Office of Government Ethics, which shows a range for each transaction rather than exact numbers. The largest transaction was a June 22 sale of between $5 million and…...
After decades of free spending, Washington is facing some unpalatable choices
3+ week, 17+ hour ago (1468+ words) Year after year, the federal government has spent more than it collected in taxes. Each annual shortfall increased the national debt, slowly at first and then by leaps, defying warnings of an inevitable reckoning. Now, the reckoning may be at…...
Trump’s Top Trade Representative Details Offer That Canada Refused
3+ week, 17+ hour ago (719+ words) The United States had offered to reduce its tariffs on steel, aluminum and autos, and eliminate a recently imposed tariff on Canadian lumber, before negotiations suddenly collapsed last night, Jamieson Greer, the U.S. trade representative, said Saturday. In an interview with…...
Trump’s new tariffs on Canada will hit everything from whisky to hockey sticks
3+ week, 17+ hour ago (503+ words) Crown Royal whisky, goose down jackets, ice-hockey equipment and a long list of other Canadian goods could become much more expensive for American consumers. An array of imports are subject to new 50 percent tariffsSaturday after U.S.-Canada trade talks collapsed. Negotiators…...