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Wednesday, mar 19
Politics
Trump Wants To Shut Education Department: Here's Why, What It Means
President Donald Trump says he's considering an executive order to dismantle the functions of the US Department of Education, aiming to eventually abolish the agency. This move aligns with his administration's broader strategy to decrease the federal government's size and return control of education policy to the states. The proposed executive order would maintain only those functions required by statute within the department, while other programs would be transferred to different agencies. An agency can't be abolished without Congressional approval. This reflects Trump's campaign pr…
Business
Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico
Just hours after a similar agreement was reached with Mexico, the United States has agreed to paused planned tariffs on Canadian goods for 30 days. The deal was reached late Monday afternoon, Feb. 3 after President Donald Trump and Canadian Prime Minister Justin Trudeau concluded their second conversation of the day. "I just had a good call with President Trump," Trudeau said in a statement announcing that Canada is implementing a $1.3 billion border plan "reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increase…
Business
US, Mexico Reach Deal To Delay 25% Tariffs
Mexico and the US have reached an agreement to delay steep tariffs that were set to take effect on Tuesday, Feb. 4. Click here for a new, updated story: Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Mexican President Claudia Sheinbaum announced the deal Monday morning, Feb 3. It will pause the 25 percent levies for a month, and follows negotiations between Mexican officials and the Trump administration on border security and drug trafficking. Mexico committed to deploy 10,000 troops dedicated to stopping illegal drugs and migrants from…
Sports
Canadian Hockey Fans Boo US National Anthem After Tariffs Ordered
In a striking display of discontent, Canadian hockey fans booed the US national anthem during NHL games, expressing their displeasure hours after President Donald Trump's newly imposed tariffs on Canadian goods went into effect on Saturday, Feb. 1. This reaction underscores the growing tension between the two neighboring countries. At the Ottawa Senators game against the visiting Minnesota Wild, fans jeered during "The Star-Spangled Banner," signaling their frustration with the US administration's trade policies. Similarly, in Calgary, spectators at a Flames game against the De…
Business
Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say
US tariffs on goods from its three largest trading partners -- neighboring nations Canada and Mexico as well as China -- have gone into effect after President Trump signed an order late Saturday afternoon, Feb. 1. Canada and Mexico have been slapped with 25 percent tariffs. The rate for China, America's main economic rival, is 10 percent. Canada also has an adjusted 10 percent rate for energy products, include crude oil. Mexico and Canada account for about 70 percent of US crude oil imports. Now, many economists are warning that American consumers will be paying more for a host of staple i…
Politics
Elon Musk Lieutenants Given Access To US Treasury Department’s Payments System: Report
Representatives from a team led by billionaire businessman and political activist Elon Musk have been granted access to the US Treasury Department’s payments system, a move that could significantly impact federal spending oversight, according to a new report. Treasury Secretary Scott Bessent authorized the change late Friday, Jan. 31, giving Musk’s Department of Government Efficiency (DOGE) team access to the federal payment system, which manages disbursements for the entire US government, The New York Times says. The decision follows a standoff with David Lebryk, a longtime Treasury …
Business
Trump Vows To Hit Canada, Mexico, China With Tariffs: Here's When, How Much
Donald Trump's months-long threats of implementing tariffs on other countries are apparently hours away from becoming a reality. Click here for a new, updated story - Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say White House Press Secretary Karoline Leavitt announced at a news conference Friday afternoon, Jan. 31 that both of America's neighbors, Canada and Mexico, will be slapped with 25 percent tariffs on goods. A third nation, China, America's main economic rival, will be hit with 10 percent tariffs. They take effect on Saturday, Feb. 1, and are "for …
Politics
Trump To Federal Workers: Remove Pronouns On Email Signatures
Federal employees across multiple agencies have been directed to remove pronouns from their email signatures. The move stems from an executive order signed by President Donald Trump seeking to eliminate diversity, equity, and inclusion (DEI) programs in the federal government, according to internal memos obtained by ABC News. It's also part of a broader effort by the Trump administration to dismantle DEI initiatives in federal agencies. The directive takes effect at the end of the business day Friday, Jan. 31. The measure has sparked concerns among workplace advocates, with som…
News
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction
The Federal Reserve kept its key interest rate in place, pausing further cuts and ignoring a demand by President Donald Trump to immediately drop rates. After three months of reductions, the Fed decided to keep the key interest rate target at 4.25 to 4.5 percent. The Fed announced the decision on Wednesday, Jan. 29, after its first meeting since President Trump returned to the White House. Chair Jerome Powell said the Fed is monitoring inflation and economic stability under the Trump administration. "We remain committed to supporting maximum employment, bringing inflation sustain…
Politics
Trump Calls For End To Income Tax, Offers Buyouts To 2 Million Federal Employees
President Donald Trump is calling for the elimination of federal income tax, advocating for a shift to a tariff-based revenue system. He argues that this approach, which he says previously made the US “richer” and a more “powerful” economy, would mark a pivotal turning point for the nation. "America is going to be very rich again, and it's going to happen very quickly," Trump said during a speech in Florida on Monday, Jan. 27 at the 2025 Republican Issues Conference at the Trump National Doral Miami. "Instead of taxing our citizens to enrich foreign nations, we should be tariffing an…
News
Mystery Drones 'Not The Enemy:' Trump Clears The Air
After months of speculation and sky-high conspiracy theories, the mystery around those mysterious drones has finally been grounded. Sort of. White House Press Secretary Karoline Leavitt relayed a message “directly” from President Donald Trump during her first press briefing on Tuesday, Jan. 28, addressing the drones that have been seen over the tri-state since late last year. “After research and study, the drones that were flying over New Jersey in large numbers were authorized by the FAA (Federal Aviation Administration) for research and various other reasons,” Leavitt quoted Trump as sayi…
Business
Arabica Coffee Prices Spike Amid Colombia-US Tariff Dustup
Prices of Arabica coffee hit record highs in the aftermath of threats of tariffs by both the United States and Colombia after a dispute involving migrant deportation flights. Arabica futures hit a record of $3.56 in the Intercontinental Exchange on Monday, Jan. 27, a day after the back-and-forth dustup a day earlier, according to The Wall Street Journal. The previous record of $3.48 was recorded in early December. The US imports about 30 percent of its coffee from Colombia. Colombia agreed to accept the flights after earlier turning back two planes. This prompted President Donald Trump to…
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