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Politics
Trump Sinks To Lowest 100-Day Approval In 80 Years, Poll Shows Trump Sinks To Lowest 100-Day Approval In 80 Years, Poll Shows
Trump Sinks To Lowest 100-Day Approval In 80 Years, Poll Shows Donald Trump just made history — but not the kind he wanted. A new ABC News/Washington Post/Ipsos poll shows Trump’s approval rating has sunk to 39 percent just 100 days into his second term, the lowest for any president at this point in office in more than 80 years, according to a report released Sunday, April 28. The poll, conducted nationally, paints a grim picture for the former president as Americans grow increasingly nervous about the economy.  Seventy-two percent believe Trump's policies are likely to cause a recession soon, while 73 percent already say the economy is in bad sh…

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by Zak Failla
News
Elon Musk Stepping Aside From Government Role As Tesla Sales Sink Elon Musk Stepping Aside From Government Role As Tesla Sales Sink
Elon Musk Stepping Aside From Government Role As Tesla Sales Sink Elon Musk says he will step back from his government role in the Trump Administration.  The billionaire entrepreneur will shift his focus back to Tesla, as the company grapples with a staggering revenue drop that has investors sounding the alarm. Amid fears of tariffs and the implications of his dual role in government, Musk’s decision comes at a critical time for the automaker.  The company has reported a 20 percent decline in car sales revenue and a shocking 71 percent decrease in net income for the first quarter of 2025. During an earnings call on Tuesday, April 22, Musk sta…

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by Joe Lombardi
Business
Major Shipping Company Halts High-Value US Deliveries Due To Trump's Tariff Rules Major Shipping Company Halts High-Value US Deliveries Due To Trump's Tariff Rules
Major Shipping Company Halts High-Value US Deliveries Due To Trump's Tariff Rules A major global shipping company will stop delivering high-value consumer packages to the US as President Donald Trump's sweeping tariffs trigger customs delays. DHL is pausing business-to-consumer deliveries to the US with declared values over $800 on Monday, April 21, the company said. The German shipper cited a surge in customs backlogs caused by new federal rules linked to Trump's trade wars. The impact of Trump's policies has overwhelmed DHL's clearance systems, triggering multi-day delays across the shipping network. "This change has caused a surge in formal customs clearanc…

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by Chris Spiker
Business
Volvo Slashing Up To 800 East Coast Jobs As Trump's Tariffs, Low Demand Rattle Automakers Volvo Slashing Up To 800 East Coast Jobs As Trump's Tariffs, Low Demand Rattle Automakers
Volvo Slashing Up To 800 East Coast Jobs As Trump's Tariffs, Low Demand Rattle Automakers Up to 800 workers are being laid off at Volvo plants across the mid-Atlantic as concerns grow about the US auto industry due to President Donald Trump's tariffs. Volvo Group North America will lay off 550 to 800 employees, a company spokesperson confirmed to the Daily Voice on Friday, April 18. The layoffs will happen at plants in Maryland, Pennsylvania, and Virginia. The Swedish automaker cited the need to adjust to worsening economic conditions. "Heavy-duty truck orders continue to be negatively affected by market uncertainty about freight rates and demand, possible regulatory chang…

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by Chris Spiker
Business
Here's What’s About To Cost More As Trump's China Tariffs Target Popular US Imports Here's What’s About To Cost More As Trump's China Tariffs Target Popular US Imports
Here's What’s About To Cost More As Trump's China Tariffs Target Popular US Imports Smartphones, shoes, toys, and cookware are just a few of the Chinese-made goods that could soon cost more as the Trump administration ramps up its trade war with China. A new Washington Post analysis highlights the impact of rising tariffs on consumer products widely used across the United States.  China is the second-largest exporter of goods to the US, shipping nearly $439 billion in products last year.  That includes a wide range of items found in everyday homes—many of which are now directly in the tariff crosshairs. Among the top targets: Smartphones ($41.3B in imports), …

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by Joe Lombardi
Business
Switch 2 Preorder Date Set After Nintendo Hit Pause Over Trump's Tariffs: See What Costs More Switch 2 Preorder Date Set After Nintendo Hit Pause Over Trump's Tariffs: See What Costs More
Switch 2 Preorder Date Set After Nintendo Hit Pause Over Trump's Tariffs: See What Costs More Preorders will soon begin for the highly anticipated Nintendo Switch 2 console, but gamers playing as Mario and Luigi may need to spend a few more coins due to President Donald Trump's tariffs. Nintendo will open preordering on Thursday, April 24, the video game giant said in a news release on Friday, April 18. The release date of Wednesday, June 5, remains unchanged. The original Switch 2 preorder date was originally Wednesday, April 9. It was delayed two weeks in the wake of Trump's "liberation day" announcement. While the Switch 2 will still start at $449.99, Trump's tariffs will drive …

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by Chris Spiker
Business
Northeastern Small Businesses Sue Trump Over Tariffs: 'Unprecedented Power Grab' Northeastern Small Businesses Sue Trump Over Tariffs: 'Unprecedented Power Grab'
Northeastern Small Businesses Sue Trump Over Tariffs: 'Unprecedented Power Grab' A group of small businesses is suing President Donald Trump over his sweeping new tariffs, warning the policy is driving up prices, threatening jobs, and putting their companies at risk of shutting down. The lawsuit argues that Trump has no legal authority to impose the "liberation day" tariffs. The suit was filed in the US Court of International Trade on Monday, April 14. Trump reversed course and paused many of his tariffs for 90 days but escalated duties on China to 145%. He enacted the tariffs unilaterally, invoking the 1977 International Emergency Economic Powers Act to …

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by Chris Spiker
Business
Most CEOs Expect Recession Within Six Months, Call Trump's Tariffs 'A Train Wreck': Survey Most CEOs Expect Recession Within Six Months, Call Trump's Tariffs 'A Train Wreck': Survey
Most CEOs Expect Recession Within Six Months, Call Trump's Tariffs 'A Train Wreck': Survey A majority of CEOs across the country are now bracing for a recession within six months as confidence in the US economy tumbles to its lowest level in years due to President Donald Trump's tariffs, according to a new survey. The industry group Chief Executive released the findings from a poll of 329 CEOs and business owners on Monday, Apr. 14. The survey showed growing alarm over Trump's escalating tariffs, which many fear will push the country into a downturn. According to the survey, 62% of CEOs expect a recession over the next six months – the highest level in recent years and up fr…

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by Chris Spiker
Business
Trump Now Says There Will Be 'No Exceptions' On Tariffs For iPhones, Other Chinese Electronics Trump Now Says There Will Be 'No Exceptions' On Tariffs For iPhones, Other Chinese Electronics
Trump Now Says There Will Be 'No Exceptions' On Tariffs For iPhones, Other Chinese Electronics Not so fast. Just days after new guidance was released by the government stated that machines used to make semiconductors, flat-screen TVs, tablets, and desktop computers are excluded from President Trump’s 125 percent tariff on Chinese goods, the administration is now saying those exemptions are only temporary. In a social media post on Truth Social on Sunday, April 13, Trump said there are “no exceptions,” and tariffs will apply to those items, apparently clarifying the US Customs and Border Protection bulletin issued Friday, April 11. “NOBODY is getting ‘off the hook,' ” Trump wrot…

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by Joe Lombardi
Business
Here’s Percentage Of Americans Who Feel Financially Stressed Here’s Percentage Of Americans Who Feel Financially Stressed
Here’s Percentage Of Americans Who Feel Financially Stressed A new poll finds that a growing number of Americans are feeling financially strained, a stark reflection of the nation's economic uncertainty. The nationwide survey, conducted by CNBC/SurveyMonkey from Thursday, April 3 to Monday, April 7, included 4,200 US adults and found that 73 percent of respondents reported feeling “financially stressed.” Among them, 38 percent identified as “very stressed,” with 66 percent citing tariffs as a major contributing factor. Even high earners are not immune — 29 percent of respondents making $100,000 or more said they’re under financial stress. The findin…

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by Joe Lombardi
Politics
Trump Administration Exempts These Electronics From Tariffs Trump Administration Exempts These Electronics From Tariffs
Trump Administration Exempts These Electronics From Tariffs In a reversal that could impact some of the world’s biggest tech brands, President Trump has carved out key electronics from his sweeping new reciprocal tariffs. Click here for a new, updated story - Trump Now Says There Will Be 'No Exceptions' On Tariffs For iPhones, Other Chinese Electronics Smartphones, laptops, memory chips, and other consumer electronics will be exempt from the latest round of tariffs targeting Chinese imports — easing fears of a sudden jump in prices on popular tech products. According to new guidance released on Friday, April 11 by US Customs and Border…

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by Joe Lombardi
News
Inflation Fears Hit 44-Year High As Trump Tariffs, Market Crash Sink Consumer Sentiment: Survey Inflation Fears Hit 44-Year High As Trump Tariffs, Market Crash Sink Consumer Sentiment: Survey
Inflation Fears Hit 44-Year High As Trump Tariffs, Market Crash Sink Consumer Sentiment: Survey Concerns about inflation have spiked to their highest level in nearly 45 years, while consumer confidence plunged for the fourth straight month as Americans grow increasingly anxious about the economy, a new survey said. Americans now expect prices to climb 6.7% over the next year, the University of Michigan's Surveys of Consumers said on Friday, April 11. That's the highest inflation expectation reading since 1981 for the closely watched survey. While inflation cooled slightly in March, the latest federal numbers came before President Donald Trump announced his "liberat…

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by Chris Spiker