Sunday, December 14, 2025

FINANCE

Economists Say Trump’s Tariff Play Could Boost Trade Deficits

(Brett Rowland, The Center Square) Economists told the U.S. Supreme Court that President Donald Trump's plan to reduce U.S. trade deficits will backfire, exacerbating the underlying issue the president used to justify the sweeping tariffs. The economists filed a friend-of-the-court brief arguing that Trump's trade policies won't address the trade...

US Government Allowed and Even Helped US Firms Sell Tech Used for Surveillance in China

(Headline USA) U.S. lawmakers have tried four times since September last year to close what they called a glaring loophole: China is getting around export bans on the sale of powerful American AI chips by renting them through U.S. cloud services instead. But the proposals prompted a flurry of activity...

Obama Cursed at Pelosi after Kamala Endorsement

(Luis Cornelio, Headline USA) Former President Barack Obama cursed at former House Speaker Nancy Pelosi after she endorsed then-Vice President Kamala Harris’s short presidential bid in 2024. “What the f**k did you just do?” Obama reportedly asked Pelosi in October 2024, according to ABC News journalist Jonathan Karl’s new book Retribution. “The Obamas...

Bill Gates Under Investigation for Funneling Millions to Chinese Groups

(Luis Cornelio, Headline USA) Bill Gates’s controversial Gates Foundation is under congressional investigation following reports that it funneled millions of dollars to groups tied to the Chinese Communist Party and its military, potentially violating U.S. law.  The Senate Judiciary Committee announced the probe Monday in a letter to Mark Suzman, the...

Trump Denies FEMA Aid to Rural Maryland After Argentina Bailout

Maryland counties meet requirements but still denied federal aid....

US Bombs Four Alleged Drug Boats in the Eastern Pacific, Killing 14

The US military bombed a total of four alleged drug boats in the Eastern Pacific Ocean on Monday, US War Secretary Pete Hegseth has announced.

House Oversight Committee Refers Biden ‘Cover-Up’ to DOJ for Investigation

The House Oversight Committee’s report on Biden’s cognitive health accuses officials of covering up decline and refers cases to DOJ, D.C. Board of Medicine.

Democrats Refuse to End Shutdown for 13th Time, Drawing GOP Ire

Despite opposition from major federal labor unions, Senate Democrats blocked Republicans’ Continuing Resolution to reopen and fund the government for the 13th time Tuesday….

Texas Sues Tylenol Companies Over Autism Claims

Texas AG Ken Paxton will sue Johnson & Johnson and Kenvue for misleading pregnant women about acetaminophen after Trump’s autism warning.

Health Department Says 1.4M to Miss SNAP Benefits

Food assistance for 1.4 million North Carolinians will be delayed without the federal government reopening…

Amazon Cuts 14,000 Corporate Jobs as Spending on Artificial Intelligence Accelerates

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere...

Why Exactly Is the Federal Reserve Cutting Rates?

(Mike Maharrey, Money Metals News Service) The Federal Reserve kicked off its October meeting today (Tuesday, Oct. 28). The central bank is expected to cut interest rates another quarter percent and could announce a timetable to end balance sheet reduction. But why? A lot of the people clamoring for looser monetary policy...
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