Friday, May 2, 2025
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MAY 2, 2025 Question: “I am 55 and I invest my money through a large financial firm. In November, my investment accounts were up to $2.7 million. I sent them an urgent request to prepare a plan to withdraw my money from the market. I believed Trump when he said he would impose tariffs, which I thought could crash the...
MAY 2, 2025 FILE PHOTO: Japan's Finance Minister Katsunobu Kato listens to a question during an interview with Reuters at the Finance Ministry in Tokyo, Japan April 17, 2025. REUTERS/Issei Kato/File Photo/Thomson Reuters TOKYO - Japan could use its $1 trillion-plus holdings of U.S. Treasuries as a card in trade talks with Washington, its finance minister said on Friday, raising explicitly...
MAY 2, 2025 Washington, D.C. — President Trump said Friday his administration will be rescinding Harvard University's tax-exempt status, further escalating the ongoing feud with the Ivy League school. "We are going to be taking away Harvard's Tax Exempt Status. It's what they deserve!" the president said in a post to Truth Social. Mr. Trump did not provide further details about the effort to...
MAY 1, 2025 A map using AAA data and showing gas prices across the country on May 1, 2025. AAA In a majority of states across the union, gas prices are now higher than they were on the day of Donald Trump's return to the White House on January 20, while in a handful they are exactly the same and only in...
MAY 1, 2025 WASHINGTON, D.C. - U.S. President Donald Trump ousted his national security adviser Mike Waltz on Thursday and named Secretary of State Marco Rubio as his interim replacement in the first major shakeup of Trump's inner circle since he took office in January. FILE PHOTO: U.S. National Security Advisor Mike Waltz speaks during a cabinet meeting at the White...
MAY 1, 2025 President Donald Trump speaks on his first 100 days at Macomb County Community College Sports Expo Center, Tuesday, April 29, 2025, in Warren, Mich. - Alex Brandon/AP A majority of Americans now say they believe President Donald Trump fits the description of a "dangerous dictator," according to new polling. Why It Matters Trump swept back into office carrying a large amount of...
MAY 1, 2025 WASHINGTON, D.C. — When the stock market was climbing in January 2024, Donald Trump knew exactly who deserved credit: He did. Nearly a year before his return to the White House, he declared on his Truth Social platform that investors were celebrating his lead in the polls against President Joe Biden. When the stock market fell Wednesday on news that the...
MAY 1, 2025 Airbus CEO Guillaume Faury has a clever plan to avoid tariffs. - Fabian Bimmer/REUTERS Airbus's CEO said it's exporting US airlines' planes to other countries to avoid tariffs. An A350 for Delta Air Lines is scheduled to fly from Toulouse, France, to Tokyo for delivery. It's the same tactic used during a previous trade war between the...
MAY 1, 2025 President Donald Trump sat for a Tuesday interview with Terry Moran of ABC News. President Donald Trump falsely claimed Tuesday that he warned during his 2024 campaign that his tariffs would require Americans to experience a “transition period.” In reality, Trump’s 2024 campaign rhetoric about tariffs was reliably glowing and warning-free; he said his tariffs would make Americans “so...
MAY 1, 2025 FILE PHOTO: U.S. President Donald Trump attends a rally to mark his 100th day in office, at Macomb Community College in Warren, Michigan, U.S., April 29, 2025. REUTERS/Evelyn Hockstein/File photo WASHINGTON, D.C. - President Donald Trump's administration said on Thursday it is suing four Democratic-led states to prevent them from enforcing "burdensome and ideologically motivated" laws and pursuing...