The U.S. economy expanded at a healthy annual 2.4% pace the final three months of 2024, supported by a year-end surge in consumer spending, the government upgraded of its previous estimate of fourth-quarter growth. For all of 2024, the economy — the world’s biggest — grew 2.8%. Trump has caused chaos and confusion. U.S. consumer
GDP published by the Atlanta Fed is now pointing to economic activity shrinking by 0.5% in Q1 caused by Trump’s economic policies including tariffs and cutting government services. The inflation measure has risen at a 4.1% annual rate in the first two months of 2025, the highest in a year. More evidence that Trump’s policies
Trump ended funding to track thousands of Ukrainian children whom Russia has abducted. Trump officials have deleted a database about them. The Trump administration has cut $1 billion from the USDA budget, including $14.5 million for programs in South Carolina. The cuts eliminate funding for local foods to schools and community food banks. The cuts
On March 15, the Trump Administration allegedly invoked the Alien Enemies Act of 1798 to deport summarily deport alleged members of Tren de Aragua (TdA), a gang based in Venezuela, without the necessity of a hearing to prove the people are actually criminals or gang members. The proclamation claimed that the Alien Enemies Act gave
Tesla is recalling nearly all of its Cybertrucks after it found that an exterior trim panel was falling off.
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