Nonfarm jobs were higher than expected even as the federal government downsized. The Bureau of Labor Statistics (BLS) reported an increase of 177,000 nonfarm jobs during April. This…
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Treasury Secretary Responds to Economic Forecast Downgrade
He said the IMF is “failing to critique the countries that need it most.” Treasury Secretary Scott Bessent spoke to the Institute of International Finance this past week,…
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Vice President Reports Progress on Trade Agreement with India
He stated his belief that “the future of the 21st century is going to be determined by the strength of the US-India partnership.” Vice President JD Vance announced…
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DHL Halts Consumer Shipments to U.S. Worth Over $800 Due to Tariffs
The service says the updated customs declaration policy is causing “multi-day transit delays.” International shipping service DHL announced that it will be pausing shipments from foreign businesses to…
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President Orders Easing PRIMNM Fishing Prohibition
He also signed an executive order to assess the federal regulations imposed on the commercial fishing industry. President Donald Trump signed an executive order last week intended to…
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President Announces Ukraine Rare Earth Minerals Agreement
The Ukrainian economic minister also indicated progress and intention to sign the mineral deal. President Trump’s administration recently reduced its estimate of U.S. aid for Ukraine from $300…
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China Pauses All Exports of Rare Earth Minerals
President Trump continues to look into alternate sources, including domestic production of minerals. China recently halted its exports of rare earth minerals after the tariff escalation with President…
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State Department Concerned Over U.S. Citizen’s Arrest in Thailand
He has been charged with insulting the nation’s monarchy and faces years-long sentences. The U.S. government expressed concerns over the arrest of American citizen Paul Chambers in Thailand…
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Labor Department Reports Consumer Prices Dropped in March
Falling gas and used car prices ease inflation. The Department of Labor reported that U.S. consumer prices declined slightly in March for the first time since 2020. The…
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EU Pauses Retaliatory Tariffs After President Trump Pauses Tariffs
The EU is matching President Trump’s 90-day pause and preparing for trade negotiations. President Donald Trump implemented dozens of steep tariffs last week, largely implementing half the percentage…
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