As reported in this Reuters article, President Donald Trump just signed a sprawling legislative package of tax cuts and federal spending reforms. The legislation, named the "One Big Beautiful Bill Act," passed after weeks of negotiations and razor-thin House and Senate votes. This bill is Trump's first big legislative achievement of his second...
As reported in this CNN article, the Federal Reserve decided yesterday to hold rates between 4.25% and 4.50%. President Trump, who has called for major Federal Reserve rate cuts, was disappointed in the Fed's decision. In a Truth Social post, Trump said that rates should be cut by 2.5 percentage points–equivalent to ten standard rate cuts. Trump...
As reported in this article by The Guardian, earlier this week, President Donald Trump announced that the U.S. had reached a ceasefire agreement with the Houthis in Yemen. The U.S. will stop its bombing campaign against the Houthis, and in return, the Houthis agreed to stop targeting shipping in the Red Sea. The U.S. started its campaign after...
In November, shortly after Donald Trump won the presidential election, I wrote an article about his proposed tariff plan. Now, just a couple of months after taking office, Donald Trump has followed through on his campaign promise, announcing sweeping tariffs on almost every country last Wednesday, on a day President Trump dubbed "Liberation Day."...