Day: April 4, 2025

Republican lawmakers aren’t sure how to respond to Donald Trump’s broad tariffs on foreign imports, which is already tanking financial markets.

Powell said the Fed faces a “highly uncertain outlook” because of the new reciprocal levies the president announced Wednesday

President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell to cut interest rates. The comments come ahead of Powell’s economic outlook speech.

Federal Reserve Chair Jerome Powell said the economic impact of new tariffs is likely to be significantly larger than expected, and the central bank must make sure that doesn’t lead to a growing inflation problem.

President Donald Trump blasted China for retaliating against his sweeping tariff plan and vowed his economic policies “will never change,” as the prospect of a trade war wreaked more havoc on the global economy.

U.S. District Judge Paula Xinis issued the order requiring the return of Kilmar Abrego Garcia following an extraordinary hearing during which the government flatly admitted that he’d been deported in violation of federal law.

U.S. District Judge Paula Xinis issued the order requiring the return of Kilmar Abrego Garcia following an extraordinary hearing during which the government flatly admitted that he’d been deported in violation of federal law.

U.S. District Judge Paula Xinis issued the order requiring the return of Kilmar Abrego Garcia following an extraordinary hearing during which the government flatly admitted that he’d been deported in violation of federal law.