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'Death by a thousand cuts': Major bank sounds alarm on Trump's handling of economy

The state of the United States' economy is much shakier than previously thought under President Donald Trump's leadership, according to one major international bank.

The New Republic reported Tuesday that Deutsche Bank managing director Jim Reid, who is the bank's global head of macro research and thematic strategy, is now expressing increasing worry that Trump's policies are gradually wrecking the economy. In a memo obtained by Fortune, Reid remarked that the recent decision by Moody's to downgrade the U.S. credit rating from AAA to AA1 for the first time in history could be a harbinger of tougher economic times in the near future.

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No Trump, no FEMA? Tornado-ravaged city’s mayor pleads for help

At least 28 people across three states were killed when tornadoes struck Kentucky, Missouri, and Virginia on Friday, with a governor and a mayor calling them among the worst they’ve ever seen. Unseen, however, has been any acknowledgment or support from President Donald Trump or, according to some reports, the Federal Emergency Management Agency (FEMA).

“What we need right now is federal assistance,” declared St. Louis, Missouri Mayor Cara Spencer on MSNBC (video below) on Monday, “we need federal assistance.”

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'Daily public spanking': Lawyers critical of Trump's handling of top firms fight back

Above the Law — a combative legal news site known for breaking stories about law firm bonuses and offering sharp, irreverent takes on the legal world — has evolved into a rallying point for attorneys critical of President Donald Trump's influence over their profession, the New York Times reported Sunday.

Since Trump's efforts to retaliate against prominent law firms for representing clients or causes he disapproves of, the site has become a platform for lawyers outraged by firms that have chosen to align with him.

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'Truck drivers don’t think so': Trump scorched as he insists empty ports a 'good thing'

President Donald Trump is facing backlash after claiming that a sharp decline in port traffic—and a significant drop in goods entering the U.S.—is actually a positive development. When warned that the slowdown could cost truckers and dock workers their paychecks or even their jobs, Trump praised the downturn, arguing it means the country isn’t “losing money.”

“That means we lose less money, you know?” President Trump told reporters in the Oval Office. “When I see that, that means we lose less money. Look, China was making over a trillion, $1.1 trillion, in my opinion. You know, different numbers from $500 billion to a trillion or a trillion, I think it was 1.1 trillion. And frankly, if we didn’t do business, we would have been better off.”

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'Next-level cringe': Internet mocks Pete Hegseth for AI-generated pic with glaring problem

On Friday, May 2, an official Pentagon account on X, formerly Twitter, posted an AI-generated image of Defense Secretary Pete Hegseth that was intended to depict him as strong on U.S./Mexico border security. But the image is getting a scathing response from X users, who are pointing out some of its major flaws. And one of them slammed it as "next-level cringe."

The image shows Hegseth at the border, with the words "100% OPERATONAL CONTROL" displayed. And he is near some masked men, one of them with the words "DRUGS" featured. But X users didn't know if the men depicted were meant to be members of drug cartels or anti-drug agents for the Mexican government.

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'Destroyed for no reason': Trump fires would-be mom hour after she nabs foster parent slot

After years of preparing to be a foster mom, Atlanta CDC worker Bree Danner had finally won an opening to foster a little girl—one hour before DOGE pulled her job.

“My career in public service has completely been destroyed for absolutely no reason,” she told the Atlanta Journal-Constitution.

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'Everyone's scared': This DC tradition now reflects Trump era is 'no laughing matter'

In 2025, the White House Correspondents' Association (WHCA) is celebrating its 114th anniversary. The organization, founded during Democrat Woodrow Wilson's presidency, was designed to be an alliance of journalists who covered the White House but were independent of it.

The United States has had some controversial presidents since then, from Richard Nixon to Donald Trump. But before Trump, all U.S. presidents attended the WHCA's dinner — an event that goes back to Republican Calvin Coolidge's presidency in 1924.

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'Disgusting': GOP panics as senator vows to impeach Trump after midterms

The National Republican Senatorial Committee attacked the remarks of U.S. Sen. Jon Ossoff (D-Ga.) as “disgusting” and accused him of working to “overturn the will of Georgia,” after Ossoff promised another impeachment. Ossoff told supporters at Friday Cobb County town hall that he “strongly” supports a push to impeach President Donald Trump a third time if midterms deliver as recent polling suggests.

The Atlanta Journal Constitution reports that Ossoff, who will be seeking a second term next year, made his vow after taking a question from Avondale Estates activist Kate Denny as to why senior Democrats had removed impeachment from the table.

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'Pure unadulterated evil': Trump envoy’s Putin meeting ignites outrage

Political, foreign policy, and national security experts are expressing shock and outrage after President Donald Trump’s special envoy, real estate billionaire Steve Witkoff, met with Vladimir Putin on Friday at the Kremlin for the fourth time—entirely unaccompanied by any senior State Department officials, administration representatives, or policy experts—reportedly to discuss ending Russia’s unlawful war against the sovereign nation of Ukraine.

The Financial Times on Friday reported that critics describe Witkoff “as an innocent abroad, unskilled and unlettered in diplomacy. His fans say experience is overrated.”

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'Not good for anybody': How Walmart's self-made CEO confronted Trump in White House

Doug McMillon, the CEO of Walmart, reportedly told President Donald Trump -- alongside other business leaders who met the president in the Oval Office on Monday -- that his tariff policy is "not good for anybody."

According to a report published in The Daily Beast on Friday, McMillon and the other CEOs reportedly warned Trump that "he was creating a situation that would not be good for anybody."

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Trump schooled by GOP senator on 'America First' policy that 'moved Depression worldwide'

Although Sen. Mitch McConnell (R-Kentucky) endorsed now-President Donald Trump in the 2024 election, it was a lukewarm endorsement.

The bad blood between Trump and McConnell remained, and MAGA Republicans were not happy when McConnell voted against confirming Defense Secretary Pete Hegseth.

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'Big downsizing': GOP plans to snatch health coverage from 'millions of low-income' people

When Democrats recaptured the U.S. House of Representatives in the 2018 midterms and enjoyed a net gain of 41 seats, President Donald Trump's unpopular efforts to overturn the Affordable Care Act of 2010, a.k.a. Obamacare, were cited as a major factor. Obamacare, many Democratic strategists argued, had become a toxic issue for Republicans.

But during his 2024 campaign, Trump once again called for the ACA to be repealed.

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‘MAGA cruelty’: Johnson blasted for blaming ‘young men’ to justify GOP’s Medicaid cuts

Speaker of the House Mike Johnson is blaming what he calls “young men” playing video games instead of working, as he defends Republicans’ plan to gut Medicaid—slashing what Democrats say is $880 billion from the vital health program that provides medical care to one in five Americans.

“No one has talked about cutting one benefit in Medicaid to anyone who’s duly owed — what we’ve talked about is returning work requirements, so, for example, you don’t have able-bodied young men on a program that’s designed for single mothers and the elderly and disabled,” said the Speaker. Johnson’s own Louisiana district has a disproportionately high rate of Americans on the life-saving program: CBS News this week reported Medicaid is a “lifeline” for people in his district.

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