U.S. Trade Deficit Hit Record in 2024 as Imports Surged

The Unlock the White House Watch newsletter discusses US visa restrictions on Thai officials involved in forced repatriation of Uyghur Muslims to China, in support of persecuted groups. Secretary of State Marco Rubio condemns China's actions against Uyghurs and urges other governments not to facilitate repatriations. The move signals President Trump's stance on human rights violations in China and potential implications for negotiations with President Xi Jinping. Full Article

According to recent studies, the number of remote workers in the U.S. has decreased, with onsite and hybrid workers increasing. A survey by LinkedIn found that job postings for remote positions have also declined, especially in white-collar sectors, amid a stagnant job market. Despite a low hiring rate, Americans are facing challenges in finding better job opportunities, with many feeling stuck or falling behind in their current roles. The U.S. labor market is described as...

Chase is offering a new bonus interest rate of 4.75% AER for new customers who open a savings account, making it the best savings rate on the market for easy-access accounts. However, the offer is only valid for six months, after which customers will receive the underlying rate of 3% AER, which may decrease further as it tracks the UK base rate. Despite potential future rate cuts, the deal includes attractive features such as a...

American energy executives are expressing concern over President Trump's tariff threats and push for lower oil prices, despite their initial enthusiasm for deregulation and energy dominance. The industry is trying to balance fighting for their interests, like free trade, while avoiding offending the president, with hopes that the energy dominance agenda will take precedence over tariffs. Executives are worried about the impact of tariffs on the economy and oil prices, seeking more predictability and less...

The impact of tariffs on car prices will vary by model, with manufacturers likely to distribute cost increases evenly to mitigate the impact. Consumers should not rush to buy a new car due to uncertainty over tariff implementation, but may consider purchasing sooner if their preferred model is available. Electric vehicles and plug-in hybrids may be a good option due to potential tax credits, but buyers should carefully consider their needs and charging options. Additionally,...

A contracting firm called Leidos generated over $16 billion in revenue last year, primarily from federal agencies like the Department of Veterans Affairs. Despite initial budget cuts, the V.A. paused contract cancellations to review their impact on veterans, potentially leading to increased reliance on contractors. Leidos, a key player in providing veteran services, remains optimistic about the future of federal contracting despite uncertainties brought by the Trump administration and Elon Musk's government efficiency initiative. Full...