Tariffs are Expected to Cut the Deficit by $4 Trillion by 2035 – Trump Reacts
The Pro Trump News homepage updates with 60 new headlines each day. The Congressional Budget Office (CBO) now estimates that tariffs could lead to a $4 trillion reduction in the deficit over the next decade. This is an increase of $1 trillion compared to their June forecasts. According to a report: CBO Director Philip Swagel […]
Tariff income rises significantly during Trump’s presidency, expected to exceed 2024 figures.
Tariff Revenue Hits Billions for the U.S. President Donald Trump has long championed tariffs as a significant source of revenue for the government. It seems that, just months after their introduction, the treasury is seeing quite an influx—billions, in fact. In July, the U.S. collected over $29 billion from tariffs, with total customs revenue reaching […]
US PMI expected to indicate a slight decrease in August, with Manufacturing remaining in a contraction phase.
The S&P Global Flash PMI for August is anticipated to show slight declines from July figures. Investors are closely monitoring employment and inflation-related subindexes. The EUR/USD is trading in familiar ranges, lacking a distinct driver. S&P Global is set to release the Flash Purchasing Managers’ Index (PMI) for the US this Thursday. This private sector […]
UK Consumer Price Index expected to indicate prices increasing significantly above Bank of England’s target.
The UK’s National Statistics Bureau will publish its July CPI data on Wednesday. Inflation as measured by CPI is expected to exceed the July target set by the Bank of England (BOE). GBP/USD has seen a slight bear correction before this release. The UK June Consumer Price Index (CPI) is set to be released on […]
USD/JPY Price Outlook: Expected to stay flat before Powell’s Jackson Hole address
USD/JPY Market Update USD/JPY appears to have stabilized and is unlikely to recover the 20-day SMA following its recent dip. Resistance levels are at 148.00 and 148.51, which could limit gains towards the 200-day SMA around 149.15. Support can be found at 147.50 and 147.00, and selling might push prices lower to approach the 50-day […]
New EU penalties on Russia expected in early September regarding Ukraine
EU Plans New Sanctions Against Russia Over Ukraine Conflict The European Union is gearing up for yet another round of sanctions against Russia as the Ukraine conflict continues, now extending beyond three and a half years. This will mark the 19th round of sanctions aimed at responding to the ongoing war. Ukrainian President Volodymyr Zelenskyy […]
Hurricane Erin expected to strengthen, threatening dangerous conditions for East Coast beaches
Hurricane Erin Affects Caribbean and US East Coast SAN JUAN, Puerto Rico — Hurricane Erin is on its way through the Turkish Islands and the southeastern Bahamas on Monday, having already caused wind damage and flooding in the Caribbean. The National Hurricane Center (NHC) warned that Erin’s effects will be felt across the US East […]
Unusual NYC graffiti tour endures amid expected decline in foreign tourism due to strong interest from local visitors: ‘They’re fascinated by street art’
Tourists are examining wall art. A significant number of French art enthusiasts are visiting Brooklyn for an unusual walking tour showcasing graffiti and street art in warehouses. Despite projections indicating a nearly 20% drop in overall international tourism to New York City this year, niche attractions continue to thrive. Audrey “Bite” Connolly, a guide for […]
3 “Strong Buy” Dividend Stocks Expected to Rise Over 20%, Say Analysts, 8/17/2025
Dividend-paying stocks can be an effective way to create passive income, especially in today’s unpredictable market. These investments also have the potential for significant capital gains. Investors might find Tipranks’ dividend calculators useful to estimate future income based on their investment size. Expand Your Investment Strategy: For a limited time, Tipranks Premium is available at […]
Bob Ross artworks greatly exceed expected auction prices, marking a significant moment for the late artist
Bob Ross Paintings Fetch Big at Auction A pair of paintings by Bob Ross recently attracted a lot of attention, selling for significantly more than expected at an auction. These oil paintings, which showcase serene mountains and lakes, were part of Bonham’s American Art Online event, which wrapped up on August 7th. One piece, titled […]