JPMorgan confirms it closed Trump’s accounts after the January 6 Capitol riot
JPMorgan Acknowledges Closure of Trump’s Accounts JPMorgan Chase & Co. has, for the first time, confirmed that it closed the bank accounts belonging to President Donald Trump and several of his businesses. This decision appears to be tied to the political and legal aftermath following the January 6, 2021, uprising at the U.S. Capitol. It’s […]
Los Angeles small business owner adopts a cautious stance following the reversal of Trump’s tariffs.
Small Business Owners React to Supreme Court’s Tariff Decision Small business proprietors, including Melkon Khosrovian of Los Angeles’s Greenbar Distillery, are adopting a cautious stance following the Supreme Court’s rejection of President Donald Trump’s significant tariffs. Many are still feeling the financial pinch from a challenging year and aren’t particularly hopeful about receiving rebate checks […]
All the tariffs remaining after the Supreme Court decision
Supreme Court Rules on Trump’s Tariffs On Friday, the Supreme Court issued a ruling that invalidated significant parts of President Trump’s tariffs. However, several expensive tariffs will still be enforced in certain industries. In a 6-3 decision, the Court found that tariffs imposed under the International Emergency Economic Powers Act (IEEPA), intended to address trade […]
Labor Department uncovers the most dangerous jobs for American workers
The U.S. Bureau of Labor Statistics (BLS) projects that the number of fatal workplace accidents in the United States will exceed 5,000 in 2024, with truck drivers and construction workers being the most affected professions. Specifically, the BLS reported 5,070 fatal workplace incidents in 2024, marking a 4.0 percent drop from the 5,283 recorded in […]
Trump administration may have to return $200B in tariffs following Supreme Court decision: JPMorgan
JPMorgan has warned about potential economic challenges following the Supreme Court’s recently announced decision to overturn President Donald Trump’s emergency tariffs. They suggest that the U.S. government might be obligated to refund businesses an amount that could reach up to $200 billion. Michael Feroli, a leading economist at the bank, highlighted that even though officials […]
800 small businesses seek reimbursements following Supreme Court ruling
Small Businesses Demand Refunds Following Supreme Court Ruling A coalition representing over 800 small businesses affected by President Trump’s global tariffs is now pushing for refunds after a Supreme Court decision favoring them on Friday. Known as “We Pay the Tariffs,” the group is calling for “full, prompt and automatic” refunds. However, in a press […]
As the US economy significantly slows down, the Fed’s favored measure of inflation remains high, probably delaying interest rate cuts.
U.S. Economic Growth Slows as Inflation Concerns Rise The latest economic report suggests a notable deceleration in U.S. economic growth, raising questions about the Federal Reserve’s ability to implement further interest rate cuts. On Friday, new data from the Commerce Department revealed that gross domestic product (GDP) increased at an annualized rate of just 1.4% […]
UCLA lecture by CBS leader Bari Weiss is called off due to anticipated student protests, according to sources.
Bari Weiss Cancels UCLA Lecture Due to Safety Concerns Bari Weiss, the Editor-in-Chief at CBS News, has decided to pull out of her planned lecture at the University of California, Los Angeles (UCLA), amid anticipated student protests and objections from some university staff members. Weiss was set to discuss “The Future of Journalism” at the […]
Sen. Marsha Blackburn asks Tim Cook of Apple to clarify the bias against conservatives in the news app.
Senator Questions Apple Over News App Bias Senator Marsha Blackburn is pressing Apple CEO Tim Cook for explanations about findings suggesting that the company has consistently suppressed conservative voices on its widely used news app. In a letter addressed to Cook, Blackburn, a Republican from Tennessee, referenced exclusive reporting from the Post regarding a significant […]
American families might save $900 this year due to a tariff decision, but ‘dividend payments’ faced significant setbacks.
Supreme Court Halts Trump’s Tariff Policy On Friday, the Supreme Court intervened in President Trump’s tariff strategy, which could lead to savings for American consumers—potentially hundreds of dollars this year. However, it looks unlikely that the president will be able to deliver on his pledge to issue $2,000 checks as a “tariff dividend.” Prior to […]