June 14, 2025

politics

Investors

Supreme Court allows DOGE team to access Social Security systems with personal data

US charges Kilmar Abrego Garcia with transporting people who were in the country illegally — 4:00 p.m. By the Associated Press Abrego Garcia, whose mistaken deportation to El Salvador became a political flashpoint in the Trump administration’s stepped-up immigration enforcement, was being returned to the United States to face criminal charges related to what the

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Finance

Ukraine Finance Minister Keeps Trade Moving, Wants More Russia Sanctions

Illustration: Uli Knörzer for Bloomberg Three years into Russia’s invasion, Sergii Marchenko is courting donors and reassuring investors to ensure his country can continue fighting. June 6, 2025 at 4:00 AM EDT What does it take to run the finances of a country at war? That question is at the heart of this week’s conversation

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Investors

Tesla stock plunges as Musk’s feud with Trump spooks investors

By BERNARD CONDON, Associated Press Investors bought hundreds of billions of dollars of Tesla stock after Donald Trump was elected on a bet that politics were more important that profits. In three hours Thursday, they learned yet again how dangerous that gamble could be. Shares of Elon Musk’s electric vehicle maker plunged more than 14%

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Investment

Jacksonville’s Downtown Investment Authority has three CEO finalists

Downtown Jacksonville update: Apartments, townhomes under construction Construction is underway at the Four Seasons Hotel & Residences Jacksonville and One Riverside developments in downtown Jacksonville, Florida. Jacksonville City Council withdrew a proposal to gain authority to terminate the Downtown Investment Authority’s CEO. Three finalists will interview for the CEO position next week. Concerns arose that

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Crypto

Editorial: Office for sale — Trump’s cryptocurrency self-dealings corrupt Washington | Opinion

The following editorial appeared in the New York Daily News. It does not necessarily reflect the opinion of The Meadville Tribune. President Donald Trump has been forthright and transparent in his desire to enrich himself with his cryptocurrency memecoin profiting off of his high public office. Trump is beyond shame, but this corrupt debasement of

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Investors

Can Trump fix the national debt? Senators, Musk have doubts

By JOSH BOAK, Associated Press WASHINGTON (AP) — President Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won’t bury the federal government in debt with his multitrillion-dollar tax breaks package. The response so far from financial markets has been skeptical as Trump seems unable to

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Investors

Can Trump fix the national debt? Republican senators, many investors, and even Musk have doubts.

“All of this rhetoric about cutting trillions of dollars of spending has come to nothing — and the tax bill codifies that,” said Michael Strain, director of economic policy studies at the American Enterprise Institute, a right-leaning think tank. “There is a level of concern about the competence of Congress and this administration and that

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Investors

Elon Musk, Republican senators, many investors have doubts that Trump can fix national debt

The White House has viciously lashed out at anyone who has voiced concern about the debt snowballing under Trump, even though it did exactly that in his first term after his 2017 tax cuts. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. White House press secretary

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Investors

Can Trump fix the US debt? Even Elon Musk has doubts

WASHINGTON (AP) — President Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won’t bury the federal government in debt with his multitrillion-dollar tax breaks package. The response so far from financial markets has been skeptical as Trump seems unable to trim deficits as promised. “All

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Investment

Trump doubles steel tariffs to 50%, slams ‘shoddy’ Chinese products while celebrating Nippon’s $14B investment in America

President Trump announced Friday that he would double tariffs on imported steel to 50% following a pair of court rulings that left many of his signature duties in limbo. “At 25%, they can sort of get over that fence. At 50%, they can no longer get over the fence,” Trump told US Steel employees at

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