Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump
Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar.
Author: Associated Press
Judge pauses Trump administration’s plans for mass layoffs at Consumer Financial Protection Bureau
A federal judge who blocked President Donald Trump’s administration from dismantling the Consumer Financial Protection Bureau ruled Friday that the bureau can’t go forward immediately with plans to mass fire hundreds of employees.
More than 1,000 international students have had visas or legal status revoked
More than 1,000 international students have had their visas or legal status revoked in recent weeks, and several have filed lawsuits against the Trump administration, arguing the government denied them due process when it suddenly took away their permission to be in the U.S.
Most US stocks rise, but UnitedHealth’s worst day in decades keeps Wall Street in check
Most U.S. stocks climbed Thursday, but the worst drop for UnitedHealth Group in a quarter of a century kept Wall Street in check.
Trump says he’s in ‘no rush’ to end tariffs as he meets with Italy’s Meloni
President Donald Trump said Thursday he is in “no rush” to reach any trade deals because he views tariffs as making the United States wealthy. But he suggested while meeting with Italian Premier Giorgia Meloni that it would be easy to find an agreement with the European Union and others.
SC ranks 6th in domestic violence cases; Horry Co. group helps sexual assault victims
South Carolina ranked sixth in the nation for domestic violence, according to a recent report from World Population Review.
Trump suggests he can remove Fed Chair Powell, saying he’s ‘not happy’ with him over interest rates
President Donald Trump attacked Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates and said he could fire him if he wanted to, renewing a threat from his first term that could cause a major legal showdown over the issue of the central bank’s longstanding political independence.
US stocks drop as Nvidia slides and the fog of Trump’s trade war thickens
U.S. stocks fell Wednesday after Nvidia warned new restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Donald Trump’s trade war is clouding forecasts for how they and the economy will do this year.
Trump says he’s joining tariff talks with Japan as US seeks deals amid trade wars
President Donald Trump on Wednesday inserted himself directly into trade talks with Japanese officials, a sign of the high stakes for the United States after its tariffs rattled the economy and caused the administration to assure the public that it would quickly reach deals.
Powell says Federal Reserve can wait on any interest rate moves
The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday.
