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Background
After Trump tariffs, JPMorgan raises chance of recession to 60%

Business

After Trump tariffs, JPMorgan raises chance of recession to 60%

JPMorgan suggested that the chance of a recession substantially increased due to President Donald Trump's tariff announcement this week, according to a copy of a report provided to Fox News Digital on Friday.The report, headlined "There will be blood" and dated April 3, warns, "these policies, if sustained, would likely push the US and possibly global economy into recession this year. An update of our probability scenario tree makes this […]

todayApril 4, 2025 1

Meta announces it will officially end fact-checking across its US platforms

Business

Meta announces it will officially end fact-checking across its US platforms

In a move that follows through on the company's previous commitment announced in January, Meta is set to officially end its third-party fact-checking on its U.S. platforms on Monday, April 7.The parent company of Facebook, Instagram and Threads will turn off fact-checkers' ability to rate new content, meaning no new fact-checks will appear on content in America. Instead, "Community Notes" will reportedly replace the fact-checking system."We believe this is a […]

todayApril 4, 2025 3

Trump DOJ, Education Dept form task force to protect female athletes from ‘gender ideology’ in schools, sports

Politics

Trump DOJ, Education Dept form task force to protect female athletes from ‘gender ideology’ in schools, sports

The Trump administration on Friday launched a new investigative unit to protect "female athletes, from the pernicious effects of gender ideology in school programs and activities," further clamping down on transgender women in school sports and sending a warning signal to states defying the president's executive orders.The Department of Education (ED) and the Department of Justice (DOJ) announced the Title IX Special Investigations Team (SIT) to handle cases, particularly targeting […]

todayApril 4, 2025 2

Trump shakes up NSA leadership, appoints new acting director and deputy to replace Biden appointees

Politics

Trump shakes up NSA leadership, appoints new acting director and deputy to replace Biden appointees

President Donald Trump has fired the head of the National Security Agency (NSA), a high-level move driven by mounting pressure from conservative allies to purge officials they view as insufficiently loyal to the president's "America First" agenda.Gen. Timothy Haugh and civilian Deputy Wendy Noble were let go from their roles as director and deputy director of the NSA. Lt. Gen. William Hartman, who also leads U.S. Cyber Command, will serve […]

todayApril 4, 2025 2