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Trump 2.0

Wall Street sign in lower Manhattan New York, USA
Apr 1, 2025

Stock market today: More swerves hit Wall Street as Trump’s “Liberation Day” nears

NEW YORK (AP) — U.S. stocks are swerving through another shaky day of trading Tuesday, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day” coming Wednesday. The S&P 500 was down by 0.2% in afternoon trading after trimming an early drop of 1%. The Dow Jones Industrial Average was down […]

Wealth advisers reveal ways to avoid bumps
Mar 31, 2025

Wealth advisers reveal ways to avoid bumps

Financial markets have been remarkably resilient this year, with various stock indexes notching new record highs, even as a dizzying number of headlines from Washington, D.C., seem poised to whipsaw investors. Uncertainty persists about how the economy — and, by virtue, financial markets — will fare, given President Donald Trump‘s moves to aggressively slash federal […]

Elon Musk, left, shakes hands with President Donald Trump at the finals for the NCAA wrestling championship, Saturday, March 22, 2025, in Philadelphia. (AP Photo/Matt Rourke)
Mar 31, 2025

Our View: Trump charts chaotic course in trade wars

Since taking office on Jan. 20 for his second term, President Donald Trump has steered the ship of state full speed on a seemingly chaotic course, mostly navigating an about-face from the Biden administration‘s policies and only very occasionally zigzagging away from buffeting winds of public disapproval. In support of making progress on the administration’s […]

FILE - Liam Sawyer, of Indianapolis, charges his 2023 Ford Mustang Mach-E, March 8, 2024, at an electric vehicle charging station in London, Ohio. (AP Photo/Joshua A. Bickel, File)
Mar 28, 2025

Trump administration cancels clean energy grants as it prioritizes fossil fuels

President Donald Trump‘s administration is terminating grants for two clean energy projects and roughly 300 others funded by the Department of Energy are in jeopardy as the president prioritizes fossil fuels. The DOE is canceling two awards to a nonprofit climate think tank, RMI in Colorado, according to a document from the agency confirming the […]

FILE - Trevor Milton, left, leaves the Thurgood Marshall United States Courthouse on Monday, Sept. 12, 2022, in New York. (AP Photo/Brittainy Newman, File)
Mar 28, 2025

Convicted of bilking investors, Nikola founder and Trump donor gets a presidential pardon

Trevor Milton, the founder of electric vehicle startup Nikola who was sentenced to prison last year for fraud, was pardoned by President Donald Trump, the White House confirmed Friday. The pardon of Milton, who was sentenced to four years in prison for exaggerating the potential of his technology, could wipe out hundreds of millions of […]

An aerial view shows auto dealerships in Cerritos, Calif., Thursday, March 27, 2025. (AP Photo/Jae C. Hong)
Mar 28, 2025

Noted economist honored by Trump warns his 25% tariffs could add $4,711 to the cost of a vehicle

WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump‘s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign counterparts. In the 21-page analysis obtained by The Associated Press, […]

Unsold 2025 Countryman utility vehicles sit on display at a Mini dealership Sunday, March 23, 2025, in Highlands Ranch, Colo. (AP Photo/David Zalubowski)
Mar 28, 2025

US consumers remained cautious about spending last month as inflation ticked higher

WASHINGTON (AP) — Inflation picked up last month and consumers barely raised their spending, signs that the economy was already cooling even before most tariffs were imposed. Friday’s report from the Commerce Department showed that consumer prices increased 2.5% in February from a year earlier, matching January’s annual pace. Excluding the volatile food and energy categories, cor[...]

FILE - President Donald Trump speaks to reporters as he signs executive orders in the White House, Feb. 4, 2025, in Washington. (AP Photo/Evan Vucci, File)
Mar 28, 2025

A federal judge temporarily blocks parts of Trump’s anti-DEI executive orders

CHICAGO (AP) — A federal judge has temporarily blocked the U.S. Department of Labor from implementing parts of President Donald Trump‘s executive orders aimed at curbing diversity, equity and inclusion efforts among federal contractors and grant recipients. Judge Matthew Kennelly of the U.S. District Court for the Northern District of Illinois halted the Labor Department […]

FILE - A sign for the Internal Revenue Service building in Washington, on May 4, 2021. (AP Photo/Patrick Semansky, File)
Mar 28, 2025

IRS crime fighting arm announces modernization program as financial crimes use more tech

WASHINGTON (AP) — As the nature of financial crime changes, with technology and AI increasingly used to perpetrate illegal acts, the IRS’ crime fighting arm —IRS Criminal Investigation— is announcing a new program intended to improve how it interacts with financial institutions. Called Feedback in Response to Strategic Threat —or CI-FIRST— the program unveiled Friday is intended [...]

People work on the floor at the New York Stock Exchange in New York, Wednesday, March 19, 2025. (AP Photo/Seth Wenig)
Mar 28, 2025

Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy, higher inflation

NEW YORK (AP) — Another wipeout is swamping Wall Street Friday on worries about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war. The S&P 500 was down 2% in afternoon trading and on track for one of its worst days of the last two years. It’s […]

FILE - President Donald Trump speaks at an education event and executive order signing in the East Room of the White House in Washington, March 20, 2025. (AP Photo/Jose Luis Magana, File)
Mar 28, 2025

Major law firm reaches deal with Trump to avoid White House order even as two other firms sue

WASHINGTON (AP) — A prominent international law firm reached a deal with President Donald Trump on Friday to dedicate at least $100 million in free legal services and to review its hiring practices, averting a punishing executive order like the ones directed at nearly a half-dozen other major legal institutions in recent weeks. The deal with Skadden, […]

FILE - The Department of Health and Human Services building is seen in Washington, April 5, 2009.(AP Photo/Alex Brandon, File)
Mar 28, 2025

Health and Human Services will lay off 10,000 workers and close agencies in a major restructuring

WASHINGTON (AP) — In a major overhaul, the U.S. Department of Health and Human Services will lay off 10,000 workers and shut down entire agencies, including ones that oversee billions of dollars in funds for addiction services and community health centers across the country. Health Secretary Robert F. Kennedy Jr. criticized the department he oversees as an inefficient […]

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