Investors are fleeing U.S. stocks as tariff risks loom
Investors are bailing out of U.S. stocks — big time. A new survey from Bank of America shows that global fund managers are moving out...
Trump moves to close down Voice of America
US President Donald Trump has signed an order to strip back federally funded news organisation Voice of America, accusing it of being "anti-Trump" and "radical"....
Trump sharpens attacks on US media as Voice of America employees put on administrative leave
President denounced CNN and MSNBC as ‘illegal’ and instructed VoA’s parent agency to be eliminated Donald Trump expanded on his threats to the media on...
US October-February budget deficit hits record $1.147 trillion
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said on Wednesday, including a...
Musk eyes Social Security and benefit programs for cuts while claiming widespread fraud
Elon Musk pushed debunked theories about Social Security on Monday while describing federal benefit programs as rife with fraud, suggesting they will be a primary target in his...
Dow plunges more than 1,000 points, Nasdaq craters as recession fears batter stocks
U.S. stocks cratered Monday amid growing U.S. economic concerns and after President Trump declined to rule out a recession that investors worry could be triggered...
Unions ask court to stop DOGE from accessing Social Security data of millions of Americans
A group of labor unions are asking a federal court for an emergency order to stop Elon Musk ‘s Department of Government Efficiency from accessing the sensitive Social...
The IRS is drafting plans to cut as much as half of its 90,000-person workforce, AP sources say
The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to...
Trump’s trade war draws swift retaliation with new tariffs from Mexico, Canada and China
President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin as...