Retail executives expect Trump to drop tariffs

A container truck and shipping containers are shown at the Port of Los Angeles, in San Pedro California, U.S., May 13, 2025. Mike Blake | Reuters Even retail executives are bullish on the “TACO trade.”  Following weeks of shifting trade policy, early deals and winding court challenges, some retail executives are starting to feel more…

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Trump CFPB cuts reviewed by Fed inspector general

Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters The Federal Reserve’s inspector general is reviewing the Trump administration’s attempts to lay off nearly all Consumer Financial Protection Bureau employees and cancel the agency’s…

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