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Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered

WASHINGTON (AP) — President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China. The moves triggered a powerful stock market …

The Cost of Chaos

The Liberation Day pause is better than the Liberation Day policy itself was. But Americans are getting a raw deal one way or another. Step one: Start a pointless, globe-encompassing trade war, rationalized solely by your own boneheaded innumeracy. Step two: Tank the markets. Step three: Pare the …

What Trump Just Cost America (shared)

I have many reactions to President Trump’s largely caving on his harebrained plan to tariff the world, but overall, one reaction just keeps coming back to me: If you hire clowns, you should expect a circus. And my fellow Americans, we have hired a group of clowns. Think of what Trump; his chief …

How the White House talked about tariffs after “Liberation Day”

The past eight days have proven to be perhaps the highest-stakes study yet in how President Trump negotiates. Why it matters: "Many of you in the …

Adam Schiff Calls For Insider Trading Investigation into Trump Over Tariff Pause

Schiff is the first Senator to openly call for a congressional investigation into potential insider trading by the Trump Administration in the aftermath of the President’s abrupt reversal on the implementation of new tariffs. Such investigations would typically fall under the purview of powerful …

Peter Zeihan: Half a Million Immigrants Get the Boot & Auto Tariffs and the Art of Routine Vehicle Maintenance

Half A Million Immigrants Get the Boot + Auto Tariffs and the Art of Routine Vehicle Maintenance By Peter Zeihan Half A Million Immigrants Get the...

Bond rout starting to sound market alarm bells

SINGAPORE (Reuters) -U.S. Treasuries extended heavy losses on Wednesday in a sign investors are dumping even their safest assets as a global market …

The founder kings of Silicon Valley: Dual-class stock…

When Congress passed a law in 2024 to ban TikTok unless it came under U.S. ownership, lawmakers argued that the app’s Chinese parent company posed …

The Democrats Won’t Acknowledge the Scale of Trump’s Tariff Mess (shared)

The president’s allies are putting up a bigger fight than the opposition party is. Two days after President Donald Trump’s shambolic “Liberation Day” announcement, which set off a full-scale economic meltdown, House Democrats released a video response. It was oddly sedate, almost academic in its …

The New King of Tech (shared)

How Jensen Huang built Nvidia into a nearly $3 trillion business Another day, another new AI large language model that’s supposedly better than all previous ones. When I began writing this story, Elon Musk’s xAI had just released Grok 3, which the company says performs better than its competitors …

Trump’s Tariffs Are Already Destroying Small U.S. Businesses

Business owners are worried they won’t be able to stay afloat once Donald Trump’s tariffs drive costs up. Small-business owners are already feeling …

Ian Bremmer and Larry Summers: Thoughts on Trump’s Trade Wars

In the first video, Ian Bremmer speaks with former Treasury Secretary Larry Summers about Trump’s tariffs, trade wars and democracy. In the second and...

Oil prices fall further as U.S.-China tariff escalation fuels demand concerns

Oil prices extended their recent slide on Wednesday, dropping further below the $60 per barrel mark, as rising tensions between the United States and …

Summers warns U.S. likely headed to recession, 2 million jobless (shared)

Former Treasury Secretary Lawrence Summers warned that the U.S. is now likely headed toward a recession, with potentially 2 million Americans put out …

Two infants die of whooping cough in Louisiana as cases climb nationally

CNN — In his 20 years working in pediatric infectious disease, Dr. John Schieffelin has never seen another illness like pertussis. Also known as whooping cough, it’s a contagious respiratory illness that can develop into a painful, full-body cough. The coughing fits can be severe, often accompanied …

Top scientists warn that Trump policies are causing a ‘climate of fear’ in research

Nearly 2,000 leading American scientists, including dozens of Nobel Prize winners, have issued a stark warning that the U.S. lead in science is being "decimated" by the Trump administration's cuts to research and a growing "climate of fear" that jeopardizes independent research. An open letter from …

The CDC Has Been Gutted

Thousands of CDC employees who worked on things like preventing HIV and lead poisoning have been told they were subject to a reduction in force. …

The best space telescope you never heard of just shut down

On Thursday 27 March, the European Space Agency (ESA) sent its last messages to the Gaia Spacecraft. They told Gaia to shut down its communication …

Top F.D.A. Vaccine Official Resigns, Citing Kennedy’s ‘Misinformation and Lies’

The Food and Drug Administration’s top vaccine official, Dr. Peter Marks, resigned under pressure Friday and said that Health Secretary Robert F. Kennedy Jr.’s aggressive stance on vaccines was irresponsible and posed a danger to the public. “It has become clear that truth and transparency are not …