August 8, 2025

Trump

Funds

Cocoa JROTC trip abruptly canceled in midst of DOD travel fund freeze

The trip was canceled because funds were not available for their bus fare. The way it was planned, Alondra Viera would spend four days with her fellow JROTC cadets from Cocoa High School this weekend navigating unfamiliar woods with a compass, learning to shoot a bow and arrow and competing to see who knew the

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Investors

Trump’s zigzag actions on trade put investors, business owners, world leaders on edge

Calvin Woodward  |  Associated Press Washington – A gobsmacked planet is wondering what’s next from President Donald Trump on the tariff spree he’s set in zigzag motion. In recent weeks, Trump has announced punishing tariffs against allies and adversaries alike, selectively paused and imposed them, doubled and then halved some, and warned late in the

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Crypto

Donald Trump boosts crypto with new Strategic Bitcoin Reserve

President Trump establishes Bitcoin Reserve — here’s what it means President Trump signed an executive order establishing a reserve of bitcoin the government already owns. President Donald Trump signed an executive order Thursday establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile, continuing his administration’s embrace of the cryptocurrency industry. The announcement came on the

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Loans

Government shutdown and services that would be reduced or closed

Chuck Schumer to vote to advance GOP funding bill Democratic Senator Chuck Schumer says he will vote for the GOP funding bill to avoid a government shutdown. The Senate will vote on a stopgap funding bill to avert a government shutdown. Democrats may vote against the bill in protest of President Trump’s policies. If the

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Banking

Trump toughens sanctions on Russian oil, gas, banking sectors

United States President, Donald Trump, is ready to impose more restrictions on Russia’s oil, gas and banking sectors. CBS News reports that Trump’s plan is to restrict Russian access to US payment systems, according to four people familiar with the plans. On Wednesday, the Treasury Department let lapse a 60-day exemption put in place by

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Investment

Trump and GM CEO discuss $60 billion investment amid tariff war

David Shepardson  |  Reuters Trump grants one-month tariff exemption for major automakers President Donald Trump granted a one-month tariff exemption to any autos coming from Mexico and Canada for Ford, General Motors, and Stellantis. President Donald Trump met General Motors GM.N CEO Mary Barra on Wednesday to discuss the automaker’s investment plans amid his tariff war, a White House

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Investors

S&P 500 Dips Into Correction as Stock Market Sours on Trump

The world’s most widely followed stock-market benchmark slid into a correction on Thursday, a drop that underscores how the two-year-long bull market is running out of steam in the early days of the Trump administration. The move stems from investors’ growing pessimism about the whipsawing policy pronouncements from Washington over the past few weeks. On-again,

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Investors

Uncertainty may scare away housing investors, Ed Augustus Jr. says

Sam Drysdale  |  State House News Service BOSTON — State government leaders in Massachusetts are trying to instigate a building boom to address a housing shortage marked by high rents and sale prices, but a top housing official is now warning that headwinds from Washington could threaten their efforts. “The equity that’s often needed to

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Funds

Tri-State Food Bank hit hard by Trump administration grant cuts

EVANSVILLE — The Tri-State Food Bank has been hit hard by recent cuts at the federal level that eliminated a grant that helped disadvantaged farmers and local communities. The Tri-State Food Bank received a $1.1 million grant in 2024 through the United States Department of Agriculture Local Food Purchase Assistance program. It was the largest

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Funds

USDA’s local food purchasing cut will cost Florida producers millions

President Donald Trump’s efforts to curb federal spending have hit the Department of Agriculture, which has cut over $1 billion in funding aimed at helping schools and food banks purchase from local farmers. States recently learned about the cuts, which will cut funding for the Local Food for Schools Cooperative Agreement Program (LFS) and the

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