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BIZARRE: 2 - You Need To See This

Xi Jinping Faces 'Unprecedented' Turmoil Within Communist Party, Says Leading China Expert As Trump Ramps Up Tariffs

As U.S.-China trade tensions continue to escalate amid President Donald Trump’s threat to add another 100% tariff on imports from the nation starting Nov. 1, Chinese President Xi Jinping is facing a rare challenge at home, according to political scientist Gordon Chang.

Benzinga

Trump's Tariffs Backfire, China Stays Silent, Marc Andreessen Backs Musk's $10 Trillion Plan And More: This Week In Economy

It’s been an eventful week in the world of business and politics. Here’s a quick roundup of the top stories that you might have missed.

Benzinga

Elizabeth Warren Says Trump Is Giving $20 Billion To Argentina While Americans Can't Afford Groceries: Calls Out Bailout For 'Wall Street Hedge Funds'

Sen. Elizabeth Warren (D-Mass.) criticized President Donald Trump’s decision to allocate $20 billion in taxpayer funds to Argentina, a move that comes at a time when Americans are still struggling at home.

Benzinga

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Trump's 'Liberation Day Tariffs' Have Backfired, Says Economist Paul Krugman: The Chinese 'Know What They're Doing,' America Doesn't

Nobel Prize-winning economist Paul Krugman is warning that President Donald Trump’s “Liberation Day” tariffs are backfiring, as he argues that China now holds the upper hand in the escalating trade war.

Benzinga

Trump's 'Genius Act' Sparks Hyperinflation Fears, Congresswoman Violates STOCK Act And More: This Week In Politics

Another week, another batch of stories. Here’s a quick roundup of the key political stories from the week that you might have missed.

Benzinga

Scott Bessent's $20 Billion Lifeline For Argentina A Bailout For 'His Hedge Fund Buddies,' Says Paul Krugman

Nobel Prize-winning economist, Paul Krugman has slammed U.S. Treasury Secretary Scott Bessent for the administration’s $20 billion aid package for Argentina, calling it a lifeline for his “hedge fund buddies,” rather than being a move that furthers in U.S. strategic interest.

Benzinga

Trump's $100,000 H-1B Visa Fee May Slash US Jobs Instead Of Boosting Them: White House Calls Out 'Massive Abuse'

Experts warn that the Trump administration's decision to raise the H-1B visa fee to $100,000 could unintentionally reduce U.S. jobs and slow economic growth.

Benzinga

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Trump's H1B Visa Fee Is 'Purely Destructive,' Warns Economist Paul Krugman: Knocking Away 'Pillar Supporting American Greatness'

Economist Paul Krugman is warning that President Donald Trump’s newly instituted $100,000 fee for H-1B visa holders threatens to erode the foundations of U.S. economic and technological leadership.

Benzinga

Trump 'Strongly' Disagrees With Ken Griffin On Fed, Slams Central Bank's Neglect Of Money Supply: 'It's Like The Pope Not Believing In Jesus'

President, Donald Trump expressed disagreement with Ken Griffin, a billionaire and a former supporter of Trump, who had criticized the President’s interference with the Fed’s independence.

Benzinga

Scott Bessent Is 'Truly Vile,' Says Economist Paul Krugman: Slams 'Sleazy' And 'Underhanded' Campaign To Attack Fed Independence

Economist Paul Krugman slammed Treasury Secretary Scott Bessent for his efforts to undermine the independence of the Federal Reserve.

Benzinga

Trump Could 'Zimbabwify' America, Says Economist Paul Krugman: Warns Against 'Fiscal Dominance' of Monetary Policy

Economist Paul Krugman is raising the alarm against President Donald Trump’s attempts to destroy the Federal Reserve’s independence, in a push for personal control over monetary policy.

Benzinga

Trump's 'Crackpot Economics' A Disaster In The Making, Says Economist Paul Krugman — Markets Won't React Until It's Too Late

Economist Paul Krugman has issued a stark warning against President Donald Trump’s undermining of the Federal Reserve’s independence.

Benzinga

Anthony Scaramucci's Cryptic Warning: Trump Following Same Playbook As Iran's Fallen Shah?

Former White House communications director Anthony Scaramucci ignited a storm of speculation Wednesday after posting a pointed historical reference many saw as a jab at President Donald Trump.

Benzinga

Paul Krugman Warns Trump Data Suppression Could Spread From Jobs To Crime, Inflation: 'MAGA's Feelings Don't Care About Your Facts'

Economist Paul Krugman sees a dangerous sidelining of inconvenient facts by President Donald Trump, with growing efforts to replace official statistics with narratives that align with political goals.

Benzinga

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Benzinga

Donald Trump Blasts Paul Krugman, Calls Him 'Wrong For Years' As His Predictions Kept People Out Of 'Best Market In History'

President Donald Trump launched a scathing attack on economist Paul Krugman, accusing him of being “wrong for years” in a new social media post.

Benzinga

Stock Market Today: US Futures Rise Amid Russia Peace Talk Update—Investors Await Eli Lilly, Block Earnings (UPDATED)

Editor's Note: This story has been updated to include the latest economic data and futures figures.

Benzinga

Paul Krugman Slams Donald Trump For Calling Jobs Report 'Rigged,' Says 'Every Accusation Is A Confession'

President Donald Trump's reaction to the latest jobs report, which showed a significant slowdown in hiring, has been met with sharp criticism from Nobel Prize-winning economist Paul Krugman.

The Conversation

NZ is looking for a deal over Trump’s new tariffs – that could come with a high political price

When the Trump administration arbitrarily imposed 15% tariffs on New Zealand exports on August 1, up from a previously announced 10%, no one should have been surprised.

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Benzinga

Elon Musk's Grok Became 'Vile' And 'Insane' After MAGA Pivot, Says Economist Paul Krugman

Economist Paul Krugman believes that Elon Musk’s Grok AI chatbot became “MechaHitler” because the latter tried to make the AI less “politically correct.”

The Guardian - US

Trump can complain all he wants – but he can’t stop his own economic mess

Between his tariffs and his regressive ‘big, beautiful bill’, the president is wreaking havoc – and he never learns

Kiplinger

Stock Market Today: Great Power Affairs Mesmerize Markets

The U.S. and China are at least talking about talking about tariffs, and investors, traders and speculators are showing a little less fear.

Fortune

Nobel-winning economist warns Trump’s tariff walk-back makes them ‘worse’ than they were in the first place

Economist and Nobel laureate Paul Krugman says Trump’s tariff pause is only making life harder for investors.

The Guardian - UK

After this, what more proof does Britain need that it can’t ‘cosy up’ to Trump?

With the US disengaging from its traditional relationship with Europe, we need to abandon our ‘red lines’ and rekindle ties with our neighbours

Salon

A progressive DOGE? Yes, it's possible

We can recover from Elon's chainsaw tactics — by making government more responsive, effective and democratic

International Business Times

'Malignant Stupidity', 'Weak': Economists On Trump's Tariffs

A wide range of economists are voicing alarm over US President Donald Trump's tariffs blitz, which has sparked a trade war that experts say could lead to a global recession.

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