More from Simone Del Rosario
-
Trump taps Jamieson Greer for USTR to push ambitious tariff policies
President-elect Donald Trump made a cabinet pick Tuesday, Nov. 26, that will play a crucial role in his second administration. Trump announced trade attorney Jamieson Greer will be his U.S. trade representative, overseeing the policy central to his campaign. Greer served as an Air Force lawyer and eventually transitioned to trade. He is a protégé… -
Intel secures $7.9B in CHIPS Act funding as Biden runs out of time
The Biden administration finalized $7.86 billion in funding to Intel. The investment is part of the $39 billion in subsidies set aside to bolster manufacturing as part of the massive CHIPS and Science Act. President Joe Biden announced the award in Arizona in March as he addressed the impact of the CHIPS Act. “We will… -
Trump’s proposed tariffs could violate his own trade deal with Canada and Mexico
Experts say President-elect Donald Trump’s vow to put 25% tariffs on Mexico and Canada violates the trade agreement he negotiated during his first term. The U.S.-Mexico-Canada Agreement, or USMCA for short, fulfilled Trump’s 2015 campaign promise to terminate and replace NAFTA, America’s longstanding free-trade agreement with its neighbors. Trump announced in a Truth Social post… -
Former Democratic donor and Soros partner is Trump’s pick for Treasury
Elon Musk criticized him as the “business-as-usual choice” for Treasury, but markets are cheering on routine. President-elect Donald Trump announced Scott Bessent is his pick for Treasury secretary, ending an internal battle over the top economic post that some described as a knife fight. But there’s a bullet point in Bessent’s resume that has rubbed some… -
Thanksgiving dinner will cost less for the second year despite bird flu
Inflation has been a major topic of discussion in recent years. While the rise in grocery prices has slowed down to a 1% increase over the last 12 months, the price of Thanksgiving dinner fell for the second straight year. A Thanksgiving meal for 10 people will cost $58.08 in 2024, or $5.81 per person,… -
Republicans feel good about the economy now that Trump has won
For the first time in four years, Republicans are feeling good about the economy. Economically speaking, only one thing has changed. There’s a distinct difference in reports of consumer confidence along political lines since President-elect Donald Trump was declared the winner of the presidential election. The latest consumer sentiment survey from the University of Michigan out… -
Bitcoin closes in on $100K amid Trump’s vow to support crypto industry
Bitcoin is setting the stage for its biggest milestone to date. The world’s most popular cryptocurrency is poised to cross $100,000 very soon as it continues to benefit from the election of Donald Trump. Bitcoin has doubled in price since the start of the year. But it’s the 45% surge in the two weeks since… -
Senators seek to protect minor league baseball pay with Fair Ball Act
Sen. Dick Durbin, D-Ill., introduced new legislation Wednesday, Nov. 20, aimed at strengthening pay protections for minor league baseball players. The Fair Ball Act would pair back an exemption in the Save America’s Pastime Act (SAPA) that allows Major League Baseball to avoid wage and overtime laws. The proposed act would allow SAPA’s wage exemption… -
Biden’s DOJ wants to break up Google, here’s where Trump stands
The U.S. government under President Joe Biden wants to break up Google. But will the same hold true when the White House changes hands in January? Back in August, a federal judge ruled Google illegally maintained a monopoly in internet search. This gave the Department of Justice a major antitrust victory in a case that… -
How Trump 2.0 could change the landscape of Big Tech antitrust
With two months until President-elect Donald Trump’s inauguration, his policy plans are clear in many areas. But what do the next four years of antitrust regulation look like after the Biden administration’s aggressive enforcement? Unlike trade, immigration and energy policy, it’s not expected that Trump’s goal is to undo the previous administration’s work. And a… -
Progress or poverty? Patience running out for Argentina’s Milei 1 year in
Javier Milei promised pain for the people of Argentina, and they elected him president anyway, with the highest share of votes since Argentina’s return to democracy. One year removed from his resounding victory, are Argentines already running out of patience with Milei? He’s still the most popular political leader in the inflation-ravaged nation, but popularity is… -
DOJ to squeeze Google to sell Chrome to bust search monopoly: Report
The federal government is seeking to break up a tech giant for the first time in more than two decades. Antitrust officials are preparing to ask a federal judge to force Google to sell its Chrome operating system, according to a report from Bloomberg. Judge Amit Mehta ruled in August 2024 that Google monopolized the… -
Trump’s transition team tussles over choice for top economic post
It’s the most important pick for President-elect Donald Trump’s economic agenda. Now it appears Trump is having second thoughts about his treasury secretary options. The Treasury secretary acts as the president’s closest economic advisor and is fifth in the presidential line of succession. The person who holds this cabinet post will play a key role…