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Southwest Airlines cuts capacity, pulls guidance

Slatestone Wealth Chief Market Strategist Kenny Polcari will analyze how the market responds to this week’s headline and whether future prospects apply to “Maria Bartiromo’s Wall Street.” Southwest Airlines became the latest US airline on Wednesday as President Donald Trump’s trade war created the industry’s biggest uncertainty since the Covid-19 pandemic. As the economy could […]

Ex-Trump Official Claims DOGE Cuts Threaten HIV Progress!

Former Trump official says DOGE cuts undermine HIV legacy

Former senior health officials from President Trump’s initial term have cautioned that significant reductions made by the Department of Health and Human Services (HHS) could lead to “catastrophic and irrational” consequences for the battle against the HIV crisis. Brett Giroir, who held the position of director of the Health Bureau, shared on LinkedIn that addressing […]

AG Bondi announces DOGE cuts to Justice Department: ‘More to come’

The Justice Department has announced some of its “bigest hits” as it continues to cut millions of dollars of wasted grants, Attorney General Pam Bondy said Wednesday. Among the money saved is $2 million used for “national listening sessions for experienced individuals,” and $695,000 for “Case Study Design of Parallel Convergence Mixed Mixing Methods to […]

IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too

New Delhi: The International Monetary Fund (IMF) said Wednesday that it will slow down in the coming months, primarily due to the trade war, as US President Donald Trump has caused sudden tariffs on virtually all trading partners. The IMF has warned that the US is facing an increased risk of recession as it downgrades […]

IMF cuts US economic growth outlook over tariffs, policy uncertainty

Art Raffer, a former Reagan economist, tells Kudrow why investors are worried about President Donald Trump’s trade war. The International Monetary Fund (IMF) cut it on Tuesday US growth forecast Other countries due to uncertainty about trade policies and lower demand. The IMF report cut the US’s 2025 economic growth forecast to 1.8%, reducing it […]