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Recession fears persist amid inflation and trade warsPresident Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration's continuing trade war.The U.S. economy may be heading toward a recession due to recent economic policies and global uncertainty.A recession is characterized by a decline in economic activity, including a drop in GDP, increased unemployment, and reduced consumer spending.Experts suggest preparing for a potential recession by building an emergency fund, reducing debt, and diversifying investments.Are we heading for a recession?On Monday, U.S....

Katie Brockman  |  The Motley FoolThe Trump administration implemented 25% tariffs against Canada and Mexico on March 4, as well as an additional 10% tariff on goods from China — bringing the total tariff on Chinese-made goods to 20%. The countries swifly issued retaliatory tariffs on U.S. imports, escalating tension between the countries and rattling the stock market.Major indexes dropped sharply after the tariffs took effect, with the S&P 500 (SNPINDEX: ^GSPC) falling by 2.96% since Monday, as of this writing. The Nasdaq (NASDAQINDEX: ^IXIC) dipped by around 2.98% in...

WASHINGTON (TNND) — President Donald Trump signed an executive order on Thursday establishing a government reserve of bitcoin.Under Trump's new order, the U.S. government will retain the estimated 200,000 bitcoin it's already seized in criminal and civil proceedings, according to Trump's "crypto czar" David Sacks.“The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called ‘digital gold,’” Sacks said on X, the platform formerly known as Twitter.Sacks vows...

'Just getting started': Trump speech on DOGE, budget and borderPresident Donald Trump used his remarks before a joint session of Congress to spell out his vision for the next four years.One building in Nebraska is listed among the hundreds of "underutilized" federal properties that could be sold by President Donald Trump’s administration.In a statement released Tuesday, the U.S. General Services Administration announced that it would consider selling more than 440 federal properties, which it calls "non-core assets," saying many are "functionally obsolete and unsuitable for use by our federal workforce."A list of the...

CAPITAL REGION, NY (WRGB) — There are questions about the future of jobs in New York created by the CHIPS and Science Act.Tuesday night in his address to Congress President Trump asked for the money to go elsewhere.The funding has become a multi-billion dollar investment in New York.“Your CHIPS act is a horrible, horrible thing; you should get rid of the CHIPS Act, and whatever is left over, Mr. Speaker, you should use it to reduce debt,” said President Trump.Meanwhile, Democratic lawmakers from New York disagree.“That's a major issue for...

"Vivek opened his campaign with a bold vision to eliminate property tax." We already have the legislators in place, but we need a governor leading the charge to make that dream a reality.Ron Ferguson  |  Columbus DispatchWatch: Ramaswamy holds gubernatorial campaign rally in New AlbanyVivek Ramaswamy holds a campaign rally in New Albany after announcing his run for Ohio Governor on Feb. 24, 2025.State Representative Ron Ferguson, R-Wintersville, is serving his third term in the Ohio House of Representatives. He is chair of the Freedom Caucus, a Club for Growth Fellow and...

Amid threats from US President Donald Trump, External Affairs Minister S Jaishankar has refused any plan of de-dollarisationread moreAmid threats from US President Donald Trump, External Affairs Minister S Jaishankar has downplayed talks around dedollarisation and has instead backed the internationalisation of the Indian rupee.At a discussion hosted by the think tank Chatham House during his visit to the United Kingdom, Jaishankar said that India does not have any commitment to dedollarisation and there is no unanimous position on the same in Brics.“I don’t think there’s any policy on our...

US President Donald Trump’s latest accusation of China’s trade advantage via yuan depreciation suggests his sights are set on reducing the US trade deficit, according to analysts who also noted that a priority of China’s central bank is stabilising the currency against the backdrop of a strong dollar and mounting tariff risks.They contended that Trump’s warning on Monday – that China and Japan “can’t continue to reduce” their currencies because it is “unfair” to the US – clashes with Beijing’s actual efforts to prevent a sharp yuan depreciation. Japan also...

Alden Bentley, Harry Robertson and Ankur Banerjee  |  ReutersTrump doubles tariffs on China; China retaliates with tariffs on US goodsUnited States President Donald Trump doubled the tariff on Chinese imports, bringing that rate to 20%. China retaliated by announcing 15% tariffs on various imports from the US.Fox - SeattleThe dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the U.S. economy outweighed any potential boost from new levies on Canada, China and Mexico.President Donald Trump's 25% tariffs on goods from Canada and Mexico took effect Tuesday, along with a doubling of duties on Chinese goods to 20%.In response, China said it will...

WEST PALM BEACH, FLORIDA - NOVEMBER 06: Republican presidential nominee, former U.S. President ... Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Americans cast their ballots today in the presidential race between Republican nominee former President Donald Trump and Vice President Kamala Harris, as well as multiple state elections that will determine the balance of power in Congress. (Photo by Chip Somodevilla/Getty Images)Getty Images Background: A Historical Shift In U.S. Trade Policy U.S....