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U.S. Attorney General Pam Bondi sold between $1 million and $5 million worth of Trump Media stock the same day Trump unveiled new tariffs that caused the stock market to plummet, according to records obtained by ProPublica.
propublica.org/article/pam-bon…
#News #Trump #StockMarket #Stocks #Tariffs #Economy #USPolitics
Disclosure forms show that Bondi sold between $1 million and $5 million worth of shares on April 2. That day, after the market closed, Trump’s “Liberation Day” press conference sent the market tumbling.ProPublica
"On the Monday edition of his program, Fox News host Sean Hannity announced that as a gesture of devotion to Elon Musk, he is buying a Tesla. …
Then Tuesday morning, Donald Trump announced that he too will buy a Tesla, and expressed his belief that it should be illegal for anyone not to buy one."
#Musk #Trump #economy #StockMarket #stagflation #recession #Tesla
/5
paulwaldman.substack.com/p/the…
Begun, this new culture war has.Paul Waldman (The Cross Section)
“'It’d gone way up, you know, probably over-priced,' he said. 'In a short period of time it had really gone up, and so it probably reset itself a little bit.'
Asked whether the market could get back to the same level, Tuberville said, 'No doubt.'
I noted that the consensus has been that the market dive was a direct result of Trump’s tariffs and the economic instability they bring."
#Musk #Trump #economy #StockMarket #stagflation #recession
/3
"In a Monday interview with Fox News’s Larry Kudlow, Sen. Tommy Tuberville (R-Ala.) suggested the stock market’s recent nosedive was reasonable, even justifiable, because things had simply gotten too lucrative.
I asked Tuberville to elaborate on his statement that the market was 'over-bloated.'”
~ Joe Perticone
#Musk #Trump #economy #StockMarket #stagflation #recession
/2
"You know what? Elon Musk did say before the election that he was going to inflict pain on the American people. So I guess in that regard, a promise is made, a promise is kept from this administration because people are feeling the pain."
~ Ben Meiselas
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/20
meidasplus.com/p/meidas-pod-on…
Watch the latest episode of the MeidasTouch Podcast ad-free right here on the Meidas+ Substack!Brett Meiselas (Meidas+)
"It was a perfect encapsulation of the chaos that Trump has wrought. As he announced yesterday that he was going to proceed with 25 percent tariffs against Canada and Mexico and hike another 10 percent on China, a widget on the Fox Network showed the Dow Jones crashing in response."
~ Jay Kuo
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/19
statuskuo.substack.com/p/trump…
Despite a 30-day reprieve and sincere efforts by our trading partners to meet Trump’s demands, he imposed across-the-board tariffs anyway.Jay Kuo (The Status Kuo)
"Coincidentally, the same day Trump said tariffs on Canadian and Mexican goods would go ahead, a story broke that his administration is seeking to ease sanctions on Russia. After appeasing the bear, he has decided to drive his car into the moose. All of us are about to find out what happens next."
~ Martyn Wendell Jones
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/18
thebulwark.com/p/trump-putin-z…
Sure, we’ve abandoned Ukraine, launched a trade war with our neighbors, and insulted close allies. But at least we’re screwing over our veterans, too.William Kristol (The Bulwark)
"Encouraged by the cheers of his sycophants, empowered by the silence of his enablers, Donald Trump took another step yesterday down the dishonorable and dangerous path of betraying Ukraine and siding with Vladimir Putin."
~ William Kristol
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/16
thebulwark.com/p/trump-putin-z…
Sure, we’ve abandoned Ukraine, launched a trade war with our neighbors, and insulted close allies. But at least we’re screwing over our veterans, too.William Kristol (The Bulwark)
"On Monday, while President Trump talked about his tariffs, Fox News showed him speaking even as a graphic in the corner displayed the markets sliding. That said it all: No matter how much boasting he does about the economy, the actual metrics are getting worse—and the public knows it."
~ Greg Sargent
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/15
newrepublic.com/article/192262…
As Trump’s announcement of tariffs causes the markets to slide—even on Fox!—Democratic strategist Simon Rosenberg reflects on whether his party is doing enough to capitalize on the moment.The New Republic
As Jen Rubin also notes, what Trump is doing to tank the economy has to be set beside his attack on Ukraine and NATO, which says,
"The message to Moscow is do what you will with Ukraine. We'll deliver them on a silver platter."
Ripping apart the federal government and tanking the economy serves no one better than it serves Vladimir Putin. These are dots that need to be connected.
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/14
"The Federal Reserve of Atlanta came out with a prediction this morning that the first quarter of growth in the United States would be negative, negative 1.5. That's down from 2.8 positive growth just a month ago. That's all the time it took Donald Trump to wreck this economy. I can't sugarcoat this."
~ Jen Rubin
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/13
contrarian.substack.com/p/jen-…
*Special Alert from the Contrarian*Jennifer Rubin (The Contrarian)
"Bloomberg reported that the tariffs on Canada and Mexico are likely to make US car prices rise by as much as $12,000, since so many parts and pieces of vehicles are manufactured at plants in those countries. In his remarks today, Trump said the manufacturers are just going to have to move all their plants to the US."
~ Ron Filipkowski
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/12
"Yet the conventions of mainstream journalism make it hard to say directly that the president’s actions are just vindictive and senseless. …
I don’t know how this ends. But U.S. voters will soon be feeling real pain, and I very much doubt that it will end in a Trump victory."
#Musk #Trump #Putin #StockMarket #economy #tariffs #recession
/11
"The newspapers this morning all contain analysis pieces trying to explain why Trump is imposing 25 percent tariffs on Canada and Mexico. You can see the writers struggling, because this is a profoundly self-destructive move — it will impose huge, possibly devastating costs on U.S. manufacturing, while significantly raising the cost of living — without any visible justification."
~ Paul Krugman
#Musk #Trump #Putin #StockMarket #economy #tariffs #recession
/10
paulkrugman.substack.com/p/tru…
The president lacks basic decency, and loathes people who doPaul Krugman
"They want us broke. That means they want a recession, a depression, economic tumult. They want mass unemployment. They want the stock market to collapse. They want us to go broke struggling to pay our bills."
~ Greg Olear
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/9
gregolear.substack.com/p/sotu-…
The time for traditional party politics is over. The Democrats must become a true opposition party. And it must begin today.Greg Olear (PREVAIL by Greg Olear)
"Trump is killing the economy, reducing the U.S. government to rubble, and destroying our relationships with our allies. Putin may love it, but it’s a catastrophe for us and much of the rest of the world."
~ Robert Reich
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/8
robertreich.substack.com/p/dem…
Boycott Trump’s address to Congress tonight. If you must go, make good trouble.Robert Reich
"We assess that the Presidency has been captured by Vladimir Putin. Until we see proof otherwise, assume that Elon Musk, Donald Trump, and JD Vance are proxies for Putin, Xi, and their allies. China backs Russia fully.
Russia’s strategic goal is to dismantle the United States. They will pursue this through creating internal turmoil and dysfunction, trying to destroy the dollar and by 'ending' the Federal Reserve."
~ Dave Troy
#Musk #Trump #Putin #economy
/7
docs.google.com/document/u/0/d…
MANAGING FINANCIAL INSTABILITY IN 2025 By David Troy, Publisher + Editor, America 2.0 Published November 7, 2024; Last Updated March 4, 2025 The Trump/Vance administration has the potential to unleash widespread economic harms, many of which are not…Google Docs
"Unbridled Tariff Man was always going to be a big economic risk in a second term, and here we are."
~ Wall Street Journal
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/5
wsj.com/opinion/trump-takes-th…
He says the 25% levies on Mexico and Canada will begin Tuesday. Stocks fall.WSJ
"The unease has already led to warnings that the U.S. could be heading for recession, with the Atlanta Fed’s GDPNow model estimating real GDP growth for the first quarter of 2025 at -2.8 percent, down from +3.9 percent just four weeks ago."
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/4
"Donald Trump’s introduction of his long-threatened 25 percent trade tariffs on Mexico and Canada has caused global stock markets to drop sharply, with the Dow Jones, S&P 500 and Nasdaq all falling."
~ Oliver O'Connell, Joe Sommerlad, Ariana Baio
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/3
the-independent.com/news/world…
President delivering address to joint session of CongressOliver O'Connell (The Independent)
"Also today, the Federal Reserve Bank of Atlanta forecast a dramatic contraction in the economy in the first quarter of 2025. Evaluating current data according to a mathematical model, it moved from an expected 2.9% growth in gross domestic product at the end of January to –2.8% today."
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/2
"Today, the stock market dropped dramatically upon news that Trump intended to go through with his tariffs. The Dow Jones Industrial Average dropped 650 points, down 1.48%. The S&P fell 1.76%, and the Nasdaq Composite, which focuses on technology stocks, fell 2.64%."
~ Heather Cox Richardson
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/1
heathercoxrichardson.substack.…
As seemed evident even at the time, the ambush of Ukraine president Volodymyr Zelensky in the Oval Office on Friday was a setup to provide justification for cutting off congressionally approved aid to Ukraine as it tries to fight off Russia’s invasio…Heather Cox Richardson (Letters from an American)
"At key moments, Leavitt visibly seethed at the media. And we think we know why: On Tuesday, consumer confidence registered another big drop, and Leavitt was simply unable to defend the glaring Trump-Musk failures we’re seeing."
#Musk #Trump #media #KarolineLeavitt #economy
/7
"At Tuesday’s media briefing, White House press secretary Karoline Leavitt announced that the White House will now decide who attends briefings, an effort to insulate President Trump from tough scrutiny. She also offered awful spin about the developing Elon Musk fiasco."
#Musk #Trump #media #KarolineLeavitt #economy
/6
newrepublic.com/article/191984…
As press secretary Karoline Leavitt snaps at tough questions over the Elon Musk fiasco, an MSNBC writer discusses how Leavitt’s display pulled the curtain back on Trump’s hidden vulnerability.The New Republic
Kreislaufwirtschaft ist mehr als Recycling!
background.tagesspiegel.de/ene…
#shift #shifthappens #shiftphone #circular #economy
Für Luisa Denter (Germanwatch) und Leon von Zepelin (SHIFT) zeigen die Wahlprogramme und der angekündigte Circular Economy Act: Deutschland und die EU setzen bei Kreislaufwirtschaft vor allem auf Recycling.Luisa Denter und Leon von Zepelin (Tagesspiegel Background)
If you are in the U.S., you can buy produce directly from black farmers and they will ship it to you. It can cost less than your supermarket and will piss off people in power.
#interesting #youshouldknow #food #economy #business #smallbusiness
Christians or other people of faith may wish to consider these thoughts from Pastor Mark Peake of First Presbyterian Church of Monterey on Election Day, November 5, 2024.
#Christian #Bible #WWJD #Jesus #Gospel #Faith #CoreValues #Character #Family #Kindness #Marginalized #Economy #EconomicJustice #SocialJustice #Education #HealthCare #WholeLife #ProLife #Immigration #ElectionDay2024 #ElectionDay #Vote2024 #USA #Americans #Vote
The Small Midwestern Cities That Could Play a Pivotal Role in This Year’s Elections
—
For all the talk about big-city Democrats and rural Republicans, it's the voters in overlooked places like Sandusky, #Ohio, and Racine, #Wisconsin, who could decide everything from key congressional races to the presidency.
#News #Midwest #Election2024 #Vote #WorkingClass #Industry #Economy #Labor
For all the talk about big-city Democrats and rural Republicans, it’s the voters in overlooked places like Sandusky, Ohio, and Racine, Wisconsin, who could decide everything from key congressional races to the presidency.ProPublica
“The last time the United States launched a mass deportation effort … U.S. citizens of Hispanic descent were rounded up and sent to Mexico—a place that many had never been before. The mass deportations that Trump is proposing would be devastating for our #economy and dangerous for American Latinos.” texasobserver.org/how-mass-dep…
#Trump #news #politics #Fascism #extremism #Republicans #Texas #USpol #immigration #border #election2024
The Lone Star State is home to millions of undocumented residents and members of mixed-status families critical to the state’s economic success, yet Texas leaders are cheering on Trump anyway.Francesca D’Annunzio (The Texas Observer)
The G7 countries had a meeting on disability and inclusion for the first time ever.
These groups should really take the next step and add ableism to the meeting topics as it is where lack of inclusion stems from.
g7disabilityinclusion.it/en/g7… @disability #Ableism #Economy #Disability
NATO Secretary General Jens Stoltenberg delivers remarks during the opening of the NATO 75th anniversary celebratory event at the Andrew Mellon Auditorium on July 9, 2024 in Washington, DC. (Kevin Dietsch/Getty Images)
US, NATO allies to deliver 'dozens' of air defense systems in coming months, including 4 Patriots. The U.S. and at least nine other NATO allies have agreed to send dozens of air defense systems in the coming months to Ukraine, including at least four Patriot batteries, according to a joint agreement issued on July 9.
US supplies Ukraine with Metal Shark high-speed boats. The boats are equipped with modern navigation and control systems, automatic fire extinguishing, as well as a video surveillance system, making them maneuverable, fast, and ergonomic, the State Border Guard Service said.
F-16s in Ukraine may 'create conditions for counterattack,' Polish general says. "Ukrainian aviation should receive long-range missiles to destroy Russia's infrastructure, including airfields. When this happens, the logistics of the Russian army will be cut off from the main forces. If this is done, Ukraine's army command should form a strike group and strike back," Kraszewski said.
NATO summit communique to describe Ukraine's path to alliance as 'irreversible,' CNN reports. The question of how strong guarantees to give Ukraine regarding its future membership in NATO has become a key source of debate inside the alliance, CNN reported. The final version of the document may contain changes, CNN wrote, but the presence of the "irreversible" Ukraine's accession to NATO would be "a significant signal to Kyiv and Moscow."
Ukraine struck airbase, oil depot, and energy facility in Russia overnight, source says. Ukrainian intelligence agencies carried out an attack against a Russian military airfield, an energy substation, and an oil depot in three different regions overnight on July 9, a military intelligence source told the Kyiv Independent.
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UN assessment suggests Kyiv children's hospital suffered direct hit by Russian missile. Evidence from the scene of the children's hospital in Kyiv indicates "a high likelihood" of a direct hit by a Russian Kh-101 cruise missile on July 8, the U.N. Human Rights Monitoring Mission in Ukraine (HRMMUN) said on July 9.
Republican Party committee approves 2024 platform, makes no mention of Ukraine, Russia. The 16-page document, which must be still approved at the upcoming Republican National Convention, focuses primarily on domestic issues.
Zelensky says Indian PM's embrace with Putin a 'huge disappointment' after Russian mass attack on Ukraine. "It is a huge disappointment and a devastating blow to peace efforts to see the leader of the world's largest democracy hug the world's most bloody criminal in Moscow on such a day," President Volodymyr Zelensky wrote on X.
Ukraine war latest: Rescue operations end at Kyiv children's hospital, at least 33 killed in capital overall
Search and rescue operations at the site of a Russian missile attack on Okhmatdyt hospital in Kyiv concluded on July 9, Interior Minister Ihor Klymenko said.
Photo: State Emergency Service of Ukraine/Anadolu via Getty Images
Learn more |
F-16s, multi-billion pledge, more Patriots, 'irreversible' membership – what Ukraine will and won't get at the NATO Summit
While 75th birthdays are usually a cause for joy and celebration, NATO's marking of this milestone at a three-day summit in Washington from 9-11 July is likely to be a rather more muted affair.
Photo: Kay Nietfeld/picture alliance via Getty Images
Learn more |
Russia probes for air defense gaps to wreak havoc on Kyiv
Rather than evidence of some technological edge on Russia's side, experts linked the destruction wrought by the attack to Moscow's consistent probing for weaknesses in Ukrainian air defenses.
Photo: Roman Pilipey/AFP via Getty Images
Learn more |
Russian propagandists spin conflicting disinformation in bid to evade responsibility for missile strike on children’s hospital
As some Russian talking heads call for more Ukrainians to be killed, Zelensky’s top aide urges more Western help to stop a war of ‘genocide.’
Photo: Roman Pilipey/AFP via Getty Images
Learn more |
Rescue operations end at Kyiv children's hospital, at least 33 killed in capital overall. In total, at least 33 people, including four children, were killed in Kyiv as a result of the July 8 attack, officials said the following day. Another 10 children are among the 117 injured.
Saudi Arabia issued vague threats to G7 against seizing frozen Russian assets, Bloomberg reports. Saudi officials reportedly made "veiled threats" to Group of Seven (G7) nations hinting that the kingdom would sell some European debt holdings if Western allies seized about $300 billion in frozen Russian assets, Bloomberg reported on July 9, citing its sources.
North Korean military trainers travel to Russia weeks after signing of partnership agreement. A delegation of North Korean military trainers led by the head of a prestigious military academy in Pyongyang has begun a trip to Russia, North Korean state media reported on July 9.
'When innocent children killed, the heart bleeds,' Modi comments on Russian July 8 attack after meeting with Putin. Indian Prime Minister Narendra Modi arrived in Moscow on July 8 in what was his first trip to Russia since the beginning of the full-scale invasion of Ukraine.
Threat of Russian sabotage led to heightened security at US military bases in Europe, CNN reports. The heightened security alert was first reported earlier in July as being connected to a possible terrorist threat directed at several U.S. military installations across Europe, including the facility in Germany where the U.S. European Command is based.
US announces moves against Russia-linked bot farm aimed at spreading disinformation. According to the Justice Department, the bot farm was organized by a Russian national who worked as the deputy editor-in-chief of RT in 2022, and expanded with funding from the Kremlin and collaboration with an official from Russia's Federal Security Service (FSB).
Moscow court orders arrest in absentia of Yulia Navalnaya. A Moscow court said that it had "approved the request of the investigators and decided a preventive measure in the form of detention for two months." Yulia Navalnaya currently lives outside of Russia, but would face jail time if she returns.
Bulgaria sues Russian Gazprom, seeking compensation of more than $430 million. In 2023, the Russian gas giant suspended Bulgargaz's long-term contract, which covered 90% of the quantities of natural gas delivered by Bulgargaz to customers.
Switzerland announces new sanctions against Russia. Switzerland announced new sanctions against Russia on July 8, bringing the country further in line with the EU's 14th round of sanctions adopted in response to the Russian full-scale invasion of Ukraine.
Moscow agrees to discharge all Indians recruited into Russian army, Indian outlet reports. Moscow agreed to release all Indians serving in the Russian army and facilitate their return after Prime Minister Narendra Modi met President Vladimir Putin, Indian news publication NDTV reported on July 9, citing unnamed sources.
US provides Poland with $2 billion for financing of F-35s, Patriots, Abrams. The U.S. will provide Poland with a second $2 billion Foreign Military Financing loan to purchase defense equipment from the U.S., the State Department announced on July 8.
Ukrainian state defense company opens office in US. Ukraine's state-owned defense company Ukrainian Defense Industry, also known as Ukroboronprom, has opened a representative office in Washington as Kyiv seeks to strengthen defense partnerships abroad amid Russia's war.
Nearly $37,000 stolen from bank accounts of fallen soldiers in Dnipro. The suspects, with the help of an employee of the Regional Bureau of Forensic Medicine, stole payment cards and mobile phones registered in the online banking system from dead soldiers in a morgue.
Ukraine to be represented at 2024 Olympics by smallest number of athletes in history. Only 140 Ukrainian athletes will compete at the Olympic Games in Paris this year, the smallest number in the history of the country's participation in the games, as Russia's war has damaged or destroyed sports' facilities and frequent air raid alerts interrupt training.
EU freezes $32 million in defense funds for Georgia, halts accession process amid ‘low point’ in relations. Brussels has frozen 30 million euros ($32 million) in defense sector funding for Georgia after halting its EU accession process in June, EU Ambassador to Georgia Pawel Herczynski said on July 9.
Bloomberg names 12 oligarchs who earn billions in payouts from Russia's war economy. Russia's wartime economy has earned a dozen oligarchs $11 billion in dividends as Russian natural resource and finance giants earn record profits during the full-scale invasion of Ukraine, Bloomberg reported on July 9.
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Russia's wartime economy has earned a dozen oligarchs $11 billion in dividends as Russian natural resource and finance giants earn record profits during the full-scale invasion of Ukraine, Bloomberg reported on July 9.Elsa Court (The Kyiv Independent)
Venezuelan bond prices soar after US lifts trading ban
> Venezuelan government bond prices soared on Thursday after the US government eased sanctions that had barred American investors from trading them, handing immediate large gains to some hedge funds.
The price of #Venezuela’s sovereign dollar bond maturing in 2027 jumped more than 70 per cent to 19 cents on the dollar, according to Bloomberg data.
archive.is/2023.10.19-145149/f… #US #Economy