Your Pulse On America: Live And Unfiltered
The Trump administration is threatening to lay off thousands of federal workers if the government shutdown continues. Amid the lapse in congressional appropriations that began Oct. 1, President Donald Trump has signaled plans to cut “Democrat Agencies” and “Democrat programs,” without specifying which agencies and programs he had in mind. And he has repeatedly warned…
Blackstone is an American alternative asset manager with significant interests in rental housing. In recent years, the company spent billions acquiring brands such as Tricon Residential, American Campus Communities and AIR Communities. Blackstone’s rental housing portfolio contains apartment complexes, student housing, mobile home parks, and single-family rental properties. Many of their U.S. assets are concentrated…
China is the world’s second-largest economy and second-largest importer of U.S. goods. Entities in China hold at least $784 billion in U.S. federal debt. The country also controls much of the world’s rare element supply, which is vital for manufacturing technology. China could weaponize these assets if an all-out trade war breaks out, to the…
The threat of rising tariff rates on U.S. imports could hobble the economic trajectory of countries such as Vietnam. Foreign direct investment in Vietnam has increased in recent years as firms search for ways to manage risks stemming from production in China. Vietnam has received approximately $18.5 billion in net foreign direct investment, according to World Bank…
The U.S. government is set to increase tariff rates on several categories of imported products. Some economists tracking these trade proposals say the higher tariff rates could lead to higher consumer prices. One model constructed by the Federal Reserve Bank of Boston suggests that in an “extreme” scenario, heightened taxes on U.S. imports could result…