The White House downplayed the recent stock market sell-off, attributing it to “animal spirits” rather than economic fundamentals, despite concerns over tariffs and federal layoffs. President Trump’s trade policies and mass firings have contributed to investor uncertainty, leading to significant market losses. Experts suggest a shift from optimism to caution, with the Dow falling nearly 900 points and the Nasdaq experiencing its worst session since 2022, signaling a prolonged downturn.
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DOGE targets a community service program in its latest cost-cutting effort
SummaryThe Trump administration has targeted AmeriCorps’ National Civilian Community Corps (NCCC), a 30-year-old program that engages young adults in various community projects across the U.S., leading to early dismissals of its volunteers due to budget cuts. The NCCC, which employs over 2,000 individuals aged 18 to 26, has been impacted by the administration's priorities, with funding under scrutiny, prompting the dismissal of members by April 30. Concerns have been raised about the future of these...
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