Jasmine Li, Fortune Journalist Profile

Articles

Trump Administration Ramps Up Campaign Against Kilmar Abrego Garcia, the Man It Deported in Error

1 week ago | wsj.com | Alyssa Lukpat |Jasmine Li

Courts have ordered the government to seek the return of Kilmar Abrego GarciaTrump administration officials, ordered by the Supreme Court to seek to return a Maryland man deported to El Salvador in error, sought to portray Kilmar Abrego Garcia as violent by sharing past police records and appearing on conservative news. Homeland Security on Wednesday circulated a 2021 restraining order Abrego Garcia’s wife petitioned for in Maryland. The order said Abrego Garcia punched and scratched her.
JPMorgan Strategist Stays Cautious for 2025

1 week ago | wsj.com | Jasmine Li

Stock-market volatility will likely persist for longer, said Dubravko Lakos, head of global markets strategy at JPMorgan Chase. “Do we have to hit lower lows? Not necessarily, but I think a lot of that depends on how the trade negotiations continue,” Lakos said on CNBC Tuesday. The bank slashed its year-end S&P 500 target to 5200 from 6500 last week, assuming the reciprocal tariffs stay in place, Lakos said. (The index was recently trading near 5413)“I will say that time is of essence,” Lakos said.
Former Trump Adviser Gary Cohn: Recession Risk Has Increased

1 week ago | wsj.com | Jasmine Li

The probability of a recession is “higher than it’s been for a long period of time,” Gary Cohn, President Trump’s chief economic adviser from 2017 to 2018, said on CNBC Tuesday. But Cohn said sees no recession as long as consumer spending and employment remain strong. Cohn said he would sound the alarm if corporations grow concerned about economic growth and start laying off workers.
Marjorie Taylor Greene Bought Stock, Sold Bonds Amid Trump’s Tariff U-Turn

1 week ago | wsj.com | Jasmine Li

Rep. Marjorie Taylor Greene (R., Ga.) bought shares of 19 companies and sold between $50,001 and $100,000 worth of Treasury bills on April 8 and 9, according to financial disclosures released today. President Trump announced a 90-day pause on some tariffs on April 9, sending markets soaring. The new filings come after Democratic Reps. Greg Casar of Texas and Robert Garcia of California called for an investigation into Greene’s trades last Thursday.
Democrats Seek Trading Probes After Trump’s Tariff U-Turn

1 week ago | wsj.com | Jasmine Li |Lindsay Wise |Katy Stech Ferek

Democrats say their concerns center on Trump’s comments and actions Wednesday, even as they have produced no evidence of illicit trading. That morning, shortly after the market opened, Trump posted on X: “BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!” A few minutes later, he wrote: “THIS IS A GREAT TIME TO BUY!!! DJT”Hours later, he announced a pause in some tariffs, igniting the Wall Street rally.
House Passes GOP Bill Requiring Proof of Citizenship to Register to Vote

2 weeks ago | wsj.com | Jasmine Li

WASHINGTON—The Republican-led House passed a bill that would require proof of citizenship for voters to register for federal elections, advancing a President Trump-backed measure Democrats say could create headaches for U.S. citizens. The Safeguard American Voter Eligibility Act, or Save Act, requires people registering to vote in federal elections to present documentary proof of U.S. citizenship. Eligible documents include a U.S. passport or birth certificate.
Dior | *NEW* Dior Forever Glow Luminizer: Review and Swatches

2 weeks ago | thehappysloths.com | Jasmine Li

Disclaimer: This post contains affiliate links and the products featured were provided for review. I know I've been quite absent from the blog recently but I am slowly getting back into things as there continues to be a demand for long-form content (aka blog posts), from readers and brands alike. So today I wanted to share some swatches and my review of the brand-new Dior Forever Glow Luminizer (C$70 for 6 g) from Dior.
Senators Move to Force Vote to Repeal Trump Tariffs

2 weeks ago | wsj.com | Jasmine Li

Six Senate Democrats plus Rand Paul, a Republican from Kentucky and a fierce tariff foe, moved to force a vote on a resolution that would repeal President Trump’s tariffs by canceling the emergency declaration used to justify the new levies. The resolution will be treated as privileged, meaning it will force a vote on the Senate floor this week, the lawmakers said. The House earlier introduced a similar measure, led by Rep. Gregory Meeks (D., N.Y.).
House Republican Leaders Back Trump’s Tariffs

2 weeks ago | wsj.com | Jasmine Li

House Majority Leader Steve Scalise (R., La.) says some are holding off on investments because of the budget vote, not tariffs. (J. Scott Applewhite/Associated Press)Top House Republicans reiterated their support for President Trump’s tariff policy in a press conference Tuesday. “No one should fault Trump for trying unconventional ways to get us out of this mess, because that's what it's gonna need to take,” said Rep. Lisa McClain (R., Mich.), referring to the economy under President Biden.
Chuck Schumer: ‘It Will Be Known as the Trump Recession’

2 weeks ago | wsj.com | Jasmine Li

Senate Minority Leader Chuck Schumer (D., N.Y) (J. Scott Applewhite/AP)Senate Minority Leader Chuck Schumer (D., N.Y.) said that President Trump is “teeing up a nationwide recession” during a speech on the Senate floor Monday. "If a recession does happen, it will be known as the Trump Recession,” Schumer said. “I urge the president to back off from his disastrous tariffs immediately."Schumer urged Senate Majority Leader John Thune (R., S.D.) to make tariff legislation a priority this week.