The White House announced $49 billion in tariff refunds on Tuesday, but consumers who paid higher prices for everything from groceries to medication won't see a penny of it. Trump, Commerce Secretary Howard Lutnick, and the nation’s most powerful hedge funds have exploited the court's ruling to enrich megacorporations and themselves. Some of the largest hedge funds in the U.S. bought the rights to tariff refunds from distressed retailers, often for as little as 20 to 30 cents on the dollar. Cantor Fitzgerald, the Wall Street giant, was led by Lutnik and overseen by his sons, Brandon and Kyle. The Lutnicks were buying tariff refund rights even
Scott Bessent wrote a monthly report for the US Treasury Department a year ago. In June, it reported an impressive $23.6 billion, but this was offset by $49.2 billion. In February, the judges left the question of the future of the government open. Trump would like to keep the money.
The interactive site from Our World in Data explains how food gets traded around the world. It's fun and useful. Pre-orders through UC Press get a 30% discount. Pub date is September 8. Use promo code UCPSAVE30 to get the discount.
Southeast Regional Center has been financing manufacturing projects through the EB-5 Immigrant Investor Program for the last 15 years. The program is aimed at bringing productive capital into the U.S. and creating jobs for American workers. SRC's current project is financing a Tier 1 supplier to a multinational motor company.
President Donald Trump instructed the USTR to impose additional 25 percent tariffs on most Brazilian imports entering the U.S. on Monday, July 22. The additional tariffs will apply to an extensive list of Brazilian goods, with some exceptions such as coffee, avocados, and beef products. The new tariffs follow a year-long USTR investigation and a June determination that Brazil is guilty of unfair trading practices. Secretary of State Marco Rubio wrote on social media that President Luiz Inácio Lula da Silva and his government did not negotiate in good faith with the United States.
In 1974, Richard Nixon was resigning following the Watergate scandal. In 2024, President Donald Trump was preparing to return to the White House for his second term. In 1974, the median rent nationwide was $143, but in 2024 it had climbed to $1,487. In terms of raw dollars, a typical U.S. home was $36,050 in 1974, but it's $418,975 in 2024.
Argentina, Brazil, and Guyana are experiencing oil export booms. Argentina paid off a $4.3 billion chunk of its foreign debt last week, defying doubters of President Javier Milei’s economic overhaul. Environmentalists are calling on the left-leaning government to use fossil fuels to help fund the green energy transition.
The White House announced $49 billion in tariff refunds on Tuesday, but consumers who paid higher prices for everything from groceries to medication won't see a penny of it. Trump, Commerce Secretary Howard Lutnick, and the nation’s most powerful hedge funds have exploited the court's ruling to enrich megacorporations and themselves. Some of the largest hedge funds in the U.S. bought the rights to tariff refunds from distressed retailers, often for as little as 20 to 30 cents on the dollar. Cantor Fitzgerald, the Wall Street giant, was led by Lutnik and overseen by his sons, Brandon and Kyle. The Lutnicks were buying tariff refund rights even
Scott Bessent wrote a monthly report for the US Treasury Department a year ago. In June, it reported an impressive $23.6 billion, but this was offset by $49.2 billion. In February, the judges left the question of the future of the government open. Trump would like to keep the money.
The interactive site from Our World in Data explains how food gets traded around the world. It's fun and useful. Pre-orders through UC Press get a 30% discount. Pub date is September 8. Use promo code UCPSAVE30 to get the discount.
Southeast Regional Center has been financing manufacturing projects through the EB-5 Immigrant Investor Program for the last 15 years. The program is aimed at bringing productive capital into the U.S. and creating jobs for American workers. SRC's current project is financing a Tier 1 supplier to a multinational motor company.
President Donald Trump instructed the USTR to impose additional 25 percent tariffs on most Brazilian imports entering the U.S. on Monday, July 22. The additional tariffs will apply to an extensive list of Brazilian goods, with some exceptions such as coffee, avocados, and beef products. The new tariffs follow a year-long USTR investigation and a June determination that Brazil is guilty of unfair trading practices. Secretary of State Marco Rubio wrote on social media that President Luiz Inácio Lula da Silva and his government did not negotiate in good faith with the United States.
In 1974, Richard Nixon was resigning following the Watergate scandal. In 2024, President Donald Trump was preparing to return to the White House for his second term. In 1974, the median rent nationwide was $143, but in 2024 it had climbed to $1,487. In terms of raw dollars, a typical U.S. home was $36,050 in 1974, but it's $418,975 in 2024.
Argentina, Brazil, and Guyana are experiencing oil export booms. Argentina paid off a $4.3 billion chunk of its foreign debt last week, defying doubters of President Javier Milei’s economic overhaul. Environmentalists are calling on the left-leaning government to use fossil fuels to help fund the green energy transition.