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  2. American Economics
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American Economics
10 July 2025
Hits: 46

Troops and federal agents briefly descend on LA’s MacArthur Park in largely immigrant neighborhood

Federal officials and the National Guard briefly staged a heavily armed operation at MacArthur Park in Los Angeles, targeting immigrant communities. The operation, which lasted about an hour, was criticized by local officials and residents as a show of force that aimed to instill fear rather than enforce laws, amid escalating immigration crackdown efforts by the Trump administration. The abrupt end of the raid and its intimidating tactics sparked concern over its impact on the community and safety of residents, especially children.

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American Economics
10 July 2025
Hits: 41

Trump bets on a different reaction to new tariffs

WASHINGTON (AP) — When President Donald Trump last rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged.Only three months later, he’s betting this time is different.In his new round of tariffs being announced this week, Trump is essent...

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American Economics
10 July 2025
Hits: 45

Trump slaps 50% tariff on Brazil over Bolsonaro trial, trade deficit

Brazilian President Lula da Silva announced that Brazil will respond to the U.S. imposing a 50% tariff on its exports with reciprocal measures, citing its economic law. The U.S. tariffs, announced by President Trump, target Brazilian exports partly due to political developments and accusations of unfair trade practices. The situation has heightened tensions between the two countries amidst broader U.S. trade strategies involving multiple nations.

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American Economics
10 July 2025
Hits: 43

Every living former NASA science chief opposes Trump's proposed budget cuts in letter to Congress

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Orlando Sentinel/Getty Images) In a grand show of unity, all seven living former Associate Administrators of NASA's Science Mission Directorate have signed a joint letter oppos...

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American Economics
01 July 2025
Hits: 45

Trump’s ‘Big Beautiful Bill’ is threatening to upend multi-billion dollar investments promising thousands of new jobs for a Georgia town

When two South Korean companies announced a multibillion-dollar investment to build solar panel and electric battery factories in northwest Georgia, federal subsidies helped close a deal to diversify the local economy.The factories promised thousands of new jobs, transforming the manufacturin...

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American Economics
01 July 2025
Hits: 46

‘Big Beautiful Bill’ Update: What Is it & Did it Pass?

Donald Trump and Republicans intend to pass his tax and spending bill by July 4. Get an update on the legislation. By: Elisabeth McGowan Reading Time: 2 minute July 1, 2025 12:40PM EDT Image Credit: Getty ImagesDonald Trump and fellow Republicans are trying to get his large tax and spending bil...

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American Economics
22 June 2025
Hits: 47

Top economist sees scenario where Trump 'outsmarted all of us' on tariffs

Torsten Sløk, chief economist at Apollo Global Management, laid out a potential scenario where President Donald Trump’s tariffs are extended long enough to ease economic uncertainty while also providing a significant bump to federal revenue. That comes as the 90-day pause on Trump’s “reci...

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American Economics
22 June 2025
Hits: 52

US attacks three nuclear sites in Iran, widening conflict

The United States launched a series of airstrikes targeting Iran’s main nuclear sites, marking a significant escalation in regional tensions. President Trump threatened further attacks if Iran does not make peace, amid warnings from Iran and international agencies against striking nuclear facilities. The strikes followed Israel’s recent attacks on Iran, and Iran has responded with missile and drone assaults. The incident raises concerns over regional stability, energy supplies, and possible further cyber and military retaliation, as world powers brace for potential wider conflict.

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American Economics
22 June 2025
Hits: 44

The economic theory behind Trumpism

For more than half a century, the American right has preached the virtues of free markets and low taxes and deregulation. But a new wave of conservative thinkers are now arguing that Republicans have been wrong — or at the very least misguided — about the economy.This new economic thinking re...

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  3. LA protests: Why Trump is suddenly ordering immigration raids

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