Category: EsstN
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Billionaire investor Mark Cuban warns ‘this is how recessions start’ as federal cuts ripple through the economy
Billionaire investor Mark Cuban has warned that the federal government’s abrupt and deep spending cuts are rippling through the economy, creating conditions that could lead to a downturn. Cuban’s Warning on Bluesky In a post on Bluesky on Sunday, Cuban responded to a discussion about federal contractors furloughing staff and slashing pay. “This is a…
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The US penny costs nearly 4 cents to make. But for one sector of souvenir sellers, it’s a living
NEW YORK (AP) — President Donald Trump talks of big change in his second term of office. But he’s not forgetting small change, either. Trump ordered the Treasury Department to stop making pennies with a Feb. 10 sentence on his social media account that followed years of conservatives pointing out that putting a copper-coated zinc…
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European leadership is needed where Donald Trump is failing
European leadership is needed where Donald Trump is failing. “The Art of the Deal, indeed. Donald Trump’s self-image as a great negotiator is taking a beating. He came as close as possible on Friday to admitting that his attempt to bully Volodymyr Zelensky into surrendering was encouraging Vladimir Putin to kill more Ukrainians.” “After Russian…
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Deceased’ giraffe in back of pickup truck alarms Michigan motorists: ‘Is it even real
In a crowd, giraffes are usually noticeable. When drivers noticed the exotic animal’s long neck oddly leaned over in the vehicle’s bed, they became worried when a Michigan taxidermist was driving a stuffed giraffe in his pick-up truck on a busy road. Images of the animal went viral, raising concerns. Many people questioned whether the…
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Dozens of Calvin Klein Jeans Are Discounted on Amazon Right Now
Calvin Klein, a brand synonymous with modern and stylish denim, is currently offering significant discounts on Amazon, making it an ideal time to upgrade your wardrobe. Amazon’s Calvin Klein Flash Sale: Amazon is hosting a Calvin Klein Flash Sale with discounts of up to 60% on select styles for both men and women. This sale…
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Trump’s Policies Threaten U.S Economic Stability
Experts are sounding the alarm about the U.S. economy, warning that the chaos President Donald Trump and co-President Elon Musk have unleashed over the past month could send the country into a devastating recession. According to economists, Trump and Musk’s aggressive slashing of federal contracts and jobs through their Department of Government Efficiency initiative is…
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Which US states could be hit hardest by Trump’s Canada and Mexico tariffs?
United States tariffs on Mexican and Canadian imports took effect on Tuesday. The levies, set at 25 percent by US President Donald Trump, have been followed by the doubling of duties on Chinese goods to 20 percent. Levies on Canadian energy are limited to 10 percent. Mexico and Canada, the top US trading partners, account…
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Beware a recession that could be triggered by a chain reaction of tariff risk, Wall Street exec says
A Wall Street executive has cautioned that the U.S. economy could tip into a recession as early as the second half of 2025 due to the impact of tariffs. Jeffrey Solomon, the president of TD Cowen, is among a growing group of Wall Street forecasters who are signaling concerns about a downturn, despite broader expectations…
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Which Items Will Be More Expensive Because Of Trump’s Tariffs?
Sharp tariff proposals could cause prices of apparel, toys, furniture, household appliances, footwear, and travel goods to spike “significantly” next year, according to the National Retail Federation. President Donald Trump announced that 25% tariffs on imports from Mexico and Canada, along with increased levies on China, will take effect Tuesday. “Tomorrow — tariffs 25% on…
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Europe announces unprecedented $840 billion rearmament plan to tackle ‘grave’ threats, sending defense giants BAE and Thales soaring
Europe laid down the gauntlet as it unveiled a defense plan that could free up €800 billion ($840 billion) to rearm the continent amid the most significant shock to Western international relations in decades. European Commission president Ursula von der Leyen announced on Tuesday a “ReArm” plan to stock up Europe’s defenses against a looming…