White House Proposes Historic 23% Cut to Non-Defense Spending, Military Gets $1 Trillion
The White House released President Donald Trump's proposed budget for fiscal year 2026 on Friday. The plan calls for cutting...
May 2, 2025Section
World-News
South Korea Plunges into Leadership Vacuum as Finance Minister and Acting President Resign
South Korea's Finance Minister Choi Sang-mok submitted his resignation late Thursday, deepening the leadership crisis that began earlier when Acting...
May 2, 2025
Diplomatic Theater and Economic Reality: China’s Desperate Tariff Gambit
China's Commerce Ministry announced Friday it is evaluating recent American outreach regarding tariff negotiations amid escalating commercial tensions....
May 2, 2025
Wall Street Snubs Success: Apple’s $24B Profit and Amazon’s $17B Earnings Fail to Impress
Apple and Amazon reported strong first-quarter 2025 results on May 1, exceeding analyst expectations while facing headwinds from potential tariffs...
May 2, 2025
Trump’s Iranian Oil Ultimatum Puts $110 Billion China Trade at Risk
President Donald Trump announced on May 1 that he would impose immediate secondary sanctions on any country or entity. Analysis...
May 2, 2025
X and Tesla Face Major Declines as Europe Turns Away from Musk
Elon Musk’s X, formerly Twitter, has lost 11 million users in the European Union since October 2024, according to the...
May 1, 2025
U.S. Manufacturing in April: Growth in Key Industries Fails to Offset Sector Strain
April 2025 brought another month of contraction for U.S. manufacturing, according to the Institute for Supply Management’s latest report released...
May 1, 2025
Hyundai, Honda, Stellantis, Mercedes, and Audi Shift Key Production to U.S. Amid Tariffs
Mercedes-Benz has decided to shift production of a key SUV model to its Tuscaloosa, Alabama plant by 2027, directly responding...
May 1, 2025
China’s Official Manufacturing Data Shows Deep Trouble in April as Tariffs Bite
China’s manufacturing sector shrank at its fastest pace in sixteen months in April according to official figures. Coverage and analysis...
May 1, 2025