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US under Trump Series

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As Donald Trump reasserts his influence on U.S. policy and global affairs, America finds itself at a crossroads. America Under Trump is a deep-dive series by EconoTimes, analyzing the sweeping economic, social, and geopolitical shifts under his leadership. From trade wars and tax reforms to foreign policy and domestic unrest, this series explores the impact of Trump's decisions on markets, businesses, and everyday citizens. Through expert analysis, data-driven insights, and exclusive commentary, we unpack the lasting effects of Trump’s governance on the future of America and the world.

US under Trump Series

U.S. under Trump Series: Trump’s budget plan clears House hurdle

Oct 27, 2017 07:41 am UTC| Commentary

President Trumps budget plan that paves way for the much-anticipated tax reform has cleared the House hurdle by a narrow margin after it was passed through Senate. The budget plan was approved by the Senate last Thursday...

US under Trump Series

U.S. under Trump Series: Trump signs new executive order limiting refugee entries from 11 countries

Oct 25, 2017 06:26 am UTC| Commentary

The Trump administration is continuing on its vow to crack down on U.S. refugee program and illegal immigration as President Trump signed a new executive order that limits the entry of refugees to the United States from 11...

US under Trump Series

Why Trump's executive order may compound the health insurance industry's problems

Oct 13, 2017 09:15 am UTC| Insights & Views Health Politics

President Donald Trump has issued the first of what promises to be a series of health insurance executive orders aimed at dismantling the Affordable Care Act. It instructs the government to essentially exempt small...

US under Trump Series

US under Trump Series: President Trump signs new travel ban with additional countries as old one expires

Sep 25, 2017 06:46 am UTC| Commentary Politics

President Trump has signed a new executive order travel ban that was first initiated on the very first week after his inauguration and created quite a furore not only within the United States but around the world too. The...

US under Trump Series

Why Trump's tirades are losing their potency

Sep 21, 2017 14:35 pm UTC| Insights & Views Politics

President Trump on Sept. 19 gave his inaugural speech to the United Nations General Assembly, where he characterized North Korean dictator Kim Jong-un as a rocket man on a suicide mission. He also threatened to totally...

US under Trump Series

U.S. under Trump Series: Treasuries reflect investors’ worries over debt ceiling

Sep 05, 2017 09:05 am UTC| Commentary

Investors are more worried about U.S. debt ceiling increase this year than any other year before. This chart from Deutsche Bank shows worried investors are already pushing short term yield higher and the spread between...

US under Trump Series

US under Trump Series: Fitch warns on US credit rating over debt ceiling

Aug 24, 2017 08:52 am UTC| Commentary

The US President Donald Trump has brought the debt-ceiling debate at the central stage when he mentioned at his rally in Phoenix, Arizona that is administration is ready for a showdown even with government closing down to...

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Economy

Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks

Oil prices extended their gains during Asian trading on Thursday as geopolitical tensions involving Venezuela and Russia heightened concerns over global crude supply. Market sentiment was boosted after U.S. President...

Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets

Asian shares fell sharply on Thursday as technology stocks came under renewed pressure, driven by growing investor concerns over heavy artificial intelligence spending and its impact on corporate balance sheets. Market...

Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

The U.S. dollar remained steady against major global currencies on Thursday as investors positioned themselves ahead of key central bank decisions in the United Kingdom, Europe and Japan. Currency markets showed cautious...

BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

The Bank of England is widely expected to cut interest rates on Thursday as signs mount that UK inflation is easing and economic growth is weakening. Financial markets anticipate a 25-basis-point reduction, bringing the...

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

U.S. stock index futures inched higher on Wednesday evening, supported by blowout earnings and strong guidance from Micron Technology, although broader gains remained limited as investors stayed cautious ahead of key U.S....

Politics

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

U.S. President Donald Trump announced Wednesday evening that eligible U.S. military personnel will receive a one-time cash payment of $1,776, a move he described as a special warrior dividend timed ahead of Christmas. The...

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...