Author name: Rosella Foley

Rosella Foley is a news writer for Simplym Press. She covers topics ranging from arts to construction, automotive and travel to real estate, and fashion. In her spare time, Rosella enjoys reading and writing poetry.

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GOP lawmakers lash out at Trump officials—but not the president—over tariff hits to the economy

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Manufacturers struggling to make long-term plans. Farmers facing retaliation from Chinese buyers. U.S. households burdened with higher prices. Republican senators are confronting the Trump administration with those worries and many more as they fret about the economic impact of the president’s sweeping tariff strategy that went into effect Wednesday. In a Senate hearing and interviews with reporters […]

GOP lawmakers lash out at Trump officials—but not the president—over tariff hits to the economy Read More »

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Trump began to overturn the global economic order at a moment when the U.S. was dominating it

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By declaring a trade war on the rest of the world, President Donald Trump has panicked global financial markets, raised the risk of a recession and broken the political and economic alliances that made much of the world stable for business after World War II. Trump’s latest round of tariffs went into full effect at midnight Wednesday, with

Trump began to overturn the global economic order at a moment when the U.S. was dominating it Read More »

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ASML boss says young people are always asking him how to become a CEO. Here’s why he calls it an ‘absurd’ question

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The typical CEO spends their time attending meetings, strategizing with their board, and, in the case of the boss of semiconductor giant ASML, batting off questions about how to get to where he is. It’s an understandable query. As CEO of the Fortune 500 Europe lithography group, Christophe Fouquet is in charge of one of

ASML boss says young people are always asking him how to become a CEO. Here’s why he calls it an ‘absurd’ question Read More »

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Treasuries typically provide safe haven, but bond yields are spiking again as investors debate the Fed’s next move

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President Donald Trump’s sweeping reciprocal tariffs sparked chaos in the stock market, but bonds have also been on a wild ride. Amid one of Wall Street’s worst equity sell-offs in recent history, investors piled into safe-haven assets like Treasuries last week, but the apparent reversal of that trade means the ultimate impact on mortgages and

Treasuries typically provide safe haven, but bond yields are spiking again as investors debate the Fed’s next move Read More »

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Dave Portnoy estimates he’s lost $20 million after the Trump tariff-fueled stock market ‘bloodbath’ 

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As President Donald Trump’s tariffs roil global markets, some of the thought leaders and influential podcasters who backed the Republican’s campaign are voicing doubts. Barstool Sports owner Dave Portnoy, hedge fund manager Bill Ackman and even Elon Musk are adding their voices to a number of congressional Republicans who have weighed in against the tariffs set to take effect on Wednesday. Here’s a look

Dave Portnoy estimates he’s lost $20 million after the Trump tariff-fueled stock market ‘bloodbath’  Read More »

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The $5.2 billion Keystone oil pipeline’s spill shut down is blocking thousands of gallons of Canadian oil from the U.S.

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The nearly 2,700-mile Keystone oil pipeline was shut down Tuesday morning after it ruptured in North Dakota, halting the flow of thousands of gallons of crude oil from Canada to refineries in the U.S. South Bow, a liquid pipeline business that manages the pipeline, said it shut down the pipeline after control center leak detection systems detected

The $5.2 billion Keystone oil pipeline’s spill shut down is blocking thousands of gallons of Canadian oil from the U.S. Read More »

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More Americans are stressed about their finances, and it has dangerous consequences for health and IQ

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The vast majority of Americans were already worried about their financial health—and that was before the announcement of Trump’s tariffs, which almost guarantee that money stress is going to get worse.  Economists predict rising prices on numerous essentials like groceries. JP Morgan CEO Jamie Dimon has called this a time of “considerable turbulence” in the

More Americans are stressed about their finances, and it has dangerous consequences for health and IQ Read More »

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Could a tariff-induced recession speed AI adoption? The evidence from past downturns is: Yes

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Past economic recessions have accelerated the adoption of new technologies, especially those designed to automate tasks, such as these factory robots working on an assembly line in a manufacturer in China. That might mean that a recession caused by the Trump administration’s tariff policy would actually drive adoption of artificial intelligence by companies that have

Could a tariff-induced recession speed AI adoption? The evidence from past downturns is: Yes Read More »

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Researchers uncover a link to autism—and it isn’t vaccines

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Researchers uncover a link to autism—and it isn’t vaccines Read More »

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