NEW YORK (AP) — A year after the Trump administration took control of the Consumer Financial Protection Bureau, the consumer watchdog has largely pulled back from enforcement and regulatory work, changes that consumer advocates and Democrats now estimate have cost Americans at least $19 billion in financial relief. In a report provided to The Associated … Read more
The S&P 500 (SNPINDEX: ^GSPC) has essentially traded sideways in 2026, but history says the benchmark could fall sharply in the coming months. Several recent studies show that President Trump’s tariffs are taking money away from American businesses and consumers, and the S&P 500 just issued a warning last seen during the October 2000 dot-com … Read more
Welcome to Black History Month, 2026 style. President Trump posted a video on his social media site Thursday that features animated images depicting former President Obama and first lady Michelle Obama as monkeys. The White House canceled the post on Friday, and after calling it more than a meme, they called it a mistake by … Read more
President Trump has said he wants to create what he calls a national missile system “The Golden Dome for America”, to protect the US from foreign threats. But the plans are far from coming to fruition and would come with a heavy price tag. But China has already done it criticized the plan as a … Read more
A growing number of lawmakers are calling for the 25th Amendment to impeach President Trump after Trump told Norway’s prime minister that his position on buying Greenland was tied to not winning the Nobel Peace Prize and that he no longer felt compelled to “think only about peace.” The remarkable exchange took place on January … Read more
Stock markets went into a global sell-off this morning as world leaders in Davos awoke to news that US President Trump had written to Norway’s prime minister to say his repeated threats to take over Greenland were based on his failure to win the Nobel Peace Prize. “Given that your Country has decided not to … Read more
Mortgage rates have moved within 11 basis points of their 2025 low since late October. However, President Trump’s push for government mortgage originators Fannie Mae and Freddie Mac to buy $200 billion worth of mortgage bonds could be the boost mortgage rates need to finally fall below 6 percent. The national 30-year fixed mortgage average … Read more
Marc Bruxelle / Shutterstock.com On November 9, 2025, President Trump proposed a new round of direct payments to all American taxpayers, similar to those made during the COVID era. This time, however, those wages were to be funded from tariff revenue, and the plan was for all eligible Americans to receive $2,000, though high earners … Read more
Democrats’ fearmongering about the Trump economy is looking more and more like sour grapes. Yesterday’s CPI report, showing inflation at 2.7 percent — well below the expected 3.1 percent — was bad political news for Democrats. Since April’s “Deliverance Day,” when President Trump introduced tariffs designed to reset global trade in favor of American companies, … Read more
Revenue from President Trump’s tariffs fell in November, but the president’s oft-made promises about what he would do with the money continued apace. By Yahoo Finance’s count, the president has floated at least nine different ideas for how the tariff money could be used starting with the 2024 campaign. It’s a list of promises that … Read more