Andrew Moran

5 days ago | gopusa.com | Andrew Moran |Lawrence Wilson

The federal government is likely to exceed its statutory debt limit in August, when Congress is slated for a recess, according to Treasury Secretary Scott Bessent. The timing of the so-called X date is likely to place added pressure on Congress to pass a much-anticipated sweeping policy bill within the next few weeks, which is expected to provide an increase in the borrowing limit and advance key parts of President Donald Trump’s agenda, including tax cut, border, and energy measures.

5 days ago | libertynation.com | Andrew Moran

Loading the Elevenlabs Text to Speech AudioNative Player... Could stability be returning to global financial markets? It was a quiet week on Wall Street as investors combed through the latest trade developments and concluded the frenzy caused by tariffs could fade to black. The US-UK trade agreement was ostensibly a blueprint for future deals with major US trading partners, striking a goldilocks zone that would not upend worldwide commerce.

5 days ago | theepochtimes.com | Andrew Moran

Top negotiators from the United States and China are scheduled to meet on May 10 in Geneva, Switzerland, as the world’s two largest economies attempt to de-escalate the tariff situation. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are scheduled to meet with He Lifeng, China’s vice premier and lead economic representative, and Swiss President Karin Keller-Sutter. The U.S. tariff rate on Chinese goods entering the country is 145 percent.

5 days ago | theepochtimes.com | Andrew Moran |Lawrence Wilson

The federal government is likely to exceed its statutory debt limit in August, when Congress is slated for a recess, according to Treasury Secretary Scott Bessent. The timing of the so-called X date is likely to place added pressure on Congress to pass a much-anticipated sweeping policy bill within the next few weeks, which is expected to provide an increase in the borrowing limit and advance key parts of President Donald Trump’s agenda, including tax cut, border, and energy measures.

5 days ago | theepochtimes.com | Andrew Moran

The electric vehicle (EV) market was stuck in reverse last month as consumer demand hit the brakes. New industry data compiled by research firm Motor Intelligence revealed a 4.3 percent decline in U.S. electric vehicle sales in April. Meanwhile, overall automobile sales saw a 10 percent increase, highlighting a stark contrast in market trends. The drop in EV sales was observed across many brands, including BMW, Ford, and Hyundai. Tesla Motors accounted for much of last month’s slump.