Trump confirms he is winding down USAID
ReutersFeb 4, 2025 8:19 PM
Feb 4 (Reuters) - U.S. President Donald Trump on Tuesday confirmed he will "wind down" the U.S. Agency for International Development.
The agency has been in turmoil as the Trump administration considers merging USAID into the State Department in a major revamp that would shrink its workforce and align its spending with Trump's "America First" policy.
Trump said billionaire Elon Musk, who is in charge of the effort, has been doing a "great job" and that there is a lot of fraud at the agency.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
U.S. April CPI Preview: Weaker-Than-Expected Inflation to Boost U.S. Stocks
TradingKey - Market consensus forecasts the April Headline CPI year-over-year (YoY) growth at 2.4%, unchanged from March. However, our analysis of leading indicators across CPI components suggests that April inflation will come in below this consensus estimate.TradingKey
3 hours ago
 (1).jpg)
[IN-DEPTH ANALYSIS] Reddit's Monetization Struggle: Is the Business Model Sustainable?
However, platforms like YouTube and TikTok (videos) or Pinterest (images) have figured out how to generate significant commercial value, text based platforms like Reddit inherently have a flaw to monetize, and when you add issues like user resistance to ads and censorship, it gets even harder.TradingKey
5 hours ago
[IN-DEPTH ANALYSIS] McDonald's: The Property Empire Buffett Kicks Himself for Missing
TradingKey - Despite recent softness in revenue and same-store sales (SSS), McDonald’s remains a rock-solid giant, thanks to its “landlord” franchising model.TradingKey
6 hours ago
Tesla Q1 2025 Earning Report Review: Autonomous Driving and Robotics Lead Future Growth
TradingKey - Tesla's Q1 2025 earnings results revealed short-term financial pressure, with core data lower than market expectations, and both revenue and profitability facing challenges. Against the backdrop of sales and profit pressure, Musk remains confident in Tesla's future.TradingKey
Wed, Apr 23
