Corporate bankruptcies in the United States surged to their highest level in 15 years in 2025, as companies grappled with the combined pressures of President Donald Trump’s trade policies, elevated interest rates, and lingering inflation, according to new data cited by The Washington Post. At least 717 companies filed for Chapter 7 or Chapter 11…
In a rare and pointed acknowledgment, Federal Reserve Chair Jerome Powell publicly linked higher consumer prices to tariffs imposed during the Trump administration, underscoring how past trade policies continue to affect American households. Speaking at a recent press briefing, Powell said that total Personal Consumption Expenditures (PCE) prices rose 2.8% over the 12 months ending…