Simone Del Rosario
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The US added 589,000 fewer jobs last year than reported. Here’s what it means
The U.S. economy added 143,000 jobs in January as the unemployment rate dropped down to 4%, according to data from the Bureau of Labor Statistics released Friday, Feb. 7. BLS also revised down its annual data ending in March 2024, showing 589,000 fewer jobs added than previously reported. The downward revision is less damaging than… -
Warren and Trump are unlikely allies on debanking, but will he like her solution?
Full Story Sen. Elizabeth Warren, D-Mass., and President Donald Trump are in agreement over an issue affecting banking customers. But the progressive senator’s solution to debanking doesn’t line up with some of the president’s recent policy actions. What is debanking? Debanking is the closure of a customer or organization’s accounts by a financial institution. Generally,… -
Apple entangled in the US-China trade war as China strikes back
Full Story Apple found itself in the middle of the United States’ latest trade spat. China is exploring an investigation into the world’s most valuable company, according to a report from Bloomberg. China’s State Administration for Market Regulation is looking into Apple’s app store practices, including its 30% cut on in-app purchases, banning third-party app… -
Trump says Musk and DOGE need ‘approval’ amid uproar in Washington
Elon Musk can’t do anything without White House approval, President Donald Trump said Monday, Feb. 3. The comments come as the Treasury Department faces a lawsuit for allegedly sharing confidential information with the billionaire’s Department of Government Efficiency. Musk and DOGE are tasked with reducing the size of government for Trump’s second administration. The president… -
No deal for China, yet Canada and Mexico skirt Trump’s tariffs for now
President Donald Trump is in dealmaking mode regarding his new tariffs. Hours before implementing 25% tariffs on Mexican and Canadian products, Trump pressed pause for both countries. But China, facing a 10% levy starting Tuesday, Feb. 4, appears to have been left out of the last-minute deals. On Monday, Jan. 3, Trump announced a… -
Trump tariffs could close loophole that let China’s Shein and Temu soar
President Donald Trump’s new tariffs on the U.S.’s largest trading partners are closing a long-standing exemption that has helped online retailers keep prices low for years. While this change is set to level the playing field for American businesses, it also means shoppers could see higher prices. Executive Order puts tariffs on Canada, Mexico and… -
Trump and Mexico’s president reach deal to delay tariffs
President Donald Trump announced a month-long pause for tariffs on Mexico. The decision came following agreements on trade and security between Trump and Mexican President Claudia Sheinbaum. Trump posted about the deal to Truth Social Monday, Feb. 3. He said Mexico will put 10,000 National Guard members at the U.S.-Mexico border to stop the flow of… -
President Trump: Tariffs on EU will ‘definitely’ happen
President Donald Trump already announced widespread tariffs on major U.S. trading partners. Now, he’s putting the European Union on high alert. Trump warned Sunday, Feb. 2, it’s only a matter of time before he imposes tariffs on the EU. “It will definitely happen with the European Union. I can tell you that because they’ve really… -
Sam Bankman-Fried’s parents are looking into Trump pardon: Report
The family of one of the most infamous cryptocurrency convicts is reportedly seeking a presidential pardon for their son. FTX founder Sam Bankman-Fried’s parents are in talks with lawyers and other people who have connections with President Donald Trump, Bloomberg reported, citing a “person familiar with the matter.” Stanford Law School professors Joseph Bankman and Barbara… -
DeepSeek faces federal investigation over how it got its AI chips: Report
U.S. officials are reportedly investigating whether Chinese AI startup DeepSeek illegally went around U.S. export controls to score the best Nvidia chips. A Bloomberg report citing people familiar with the matter said the White House and FBI are involved. U.S. export controls bar Nvidia from selling the most advanced AI chips to Chinese companies. The… -
Ex-FAA investigator on DC plane crash: ‘Unprecedented is an understatement’
Washington first responders believe there are no survivors after a midair collision between an American Airlines flight and a military helicopter near Reagan National Airport Wednesday night, Jan. 29. The “unprecedented” crash over the Potomac River is the first such collision in nearly 50 years. Authorities said 60 passengers and four crew members were aboard… -
Fed pauses rate cuts in first interest rate decision since Trump took office
The Federal Reserve paused its short-lived rate-cutting cycle on Wednesday, Jan. 29, by keeping its benchmark interest rate unchanged. It’s the first interest rate decision made in 2025 and under the new Trump administration. The latest decision keeps the federal funds rate between 4.25% and 4.5%. The rate was above 5% for much of 2023… -
How many federal employees will flood the job market with Trump’s ‘resign’ offer?
The Trump administration took its first major step toward reducing the number of federal workers. But how will it impact the wider job market if hundreds of thousands of employees accept a “deferred resignation” offer? The Office of Personnel Management emailed most federal employees Tuesday, Jan. 28, titled “Fork in the Road.” Elon Musk used…
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Rescuers continue search for survivors
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Reuters
Questions surround ICE detention of Univ. of Minnesota graduate student
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Mike Stobe via Getty Images
MLB says the Yankees’ ‘Torpedo’ bat conforms to league regulations
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Reuters
Trump’s ‘not joking’ about potential 3rd term, despite constitutional barriers
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REUTERS/Adam J. Dewey/NurPhoto
Minority Lyft drivers ‘unequivocally’ profiled by law enforcement: Study
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