Americans are facing a double whammy of rising prices due to inflation and potential tariffs, which could significantly impact household budgets and overall well-being. The proposed tariffs could increase the cost of goods by 8% in 2025, while inflation has already driven up prices by over 23% in the past five years.
The FCC is investigating ABC and Disney over their diversity, equity, and inclusion (DEI) actions, citing concerns that these policies may violate equal employment opportunity regulations. This investigation is part of the Trump administration's broader crackdown on diversity programs in private companies.
Military spouses working in the federal government faced a brief period of uncertainty when their remote work exemptions were rescinded, but the decision was quickly reversed following inquiries from CNN and advocacy from military family groups. The reinstatement of the exemptions ensures that military spouses can continue working remotely, providing much-needed stability and flexibility for their families.
US stocks ended February in the red, driven by a combination of factors including cooling inflation data, geopolitical uncertainty, and concerns about AI spending. The tech-heavy Nasdaq was particularly affected, experiencing its worst month since April 2024 due to decelerating growth, tough outlooks for its stocks, and high valuations.
Tesla, the leading producer of American-made cars according to the Cars.com American-Made Index, may be partially shielded from the new auto tariffs due to its high American-made content. However, the company acknowledges that it is not entirely immune to the impact, as it still relies on some imported parts and faces challenges in other markets.