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Federal Reserve Chairman Jerome Powell, seen here at an event in Chicago on April 16, 2025, is in the crosshairs of President Trump. Credit – Jamie Kelter Davis—Bloomberg via Getty ImagesThis article is part of The D.C. Brief, TIME’s politics newsletter. Sign up here to get stories like this sent to your inbox.President Donald Trump knows exactly who to blame for the tanking economy: Federal Reserve Chairman Jerome Powell, who has not acceded to Trump’s whims to lower interest rates to goose the economy.For just about everyone else—including Jay “Mr. Too Late” Powell, in Trump’s latest nickname of contempt—the culprit…

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The gas price was down to 135.3 cents per litre at the Petro-Canada on Preston Avenue in Saskatoon, Sask. (Credit: Michelle Berg/Saskatoon StarPhoenix files) With peak travel season fast approaching, and many Canadians expected to spend their summer vacations close to home, paying less at the gas pumps would be a welcome relief. Fortunately, gas prices dropped after Prime Minister Mark Carney signed a directive to remove the consumer carbon charge effective April 1, and they’re expected to stay down over the next few months. “It was as swift as anticipated. Once midnight rolled around (on April 1), we started to…

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Google has made a major step forward in its clean energy journey by signing its first offshore wind power purchase agreement (PPA) in the Asia-Pacific region. The deal is with the Fengmiao I offshore wind project in Taiwan, being developed by Copenhagen Infrastructure Partners (CIP). It is a milestone for both Google and the Taiwanese offshore wind sector. Once completed in 2027, Fengmiao I will have a capacity of 495 megawatts (MW). Google will use this clean energy to power its data center, cloud region, and offices in Taiwan. This is part of Google’s plan to run on carbon-free energy…

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Yes, he blinked, finally. But it took a lot longer than most investors would have guessed. President Trump is finally signaling that his trade war has caused enough mayhem and he’s willing to do some damage control. Trump, so far, has raised the average import tax on some $3 trillion worth of products from 2.5% to 27%. He has also threatened to fire Federal Reserve Chair Jerome Powell for not fixing the damage Trump’s own policies are causing. Markets have responded with steep losses in stock values. Investors have been voting against Trump’s “America First” facade by selling US assets…

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Tesla kicked off 2025 with major operational wins, but its financial performance didn’t quite match up. In the first quarter, the electric vehicle giant pulled off an industry first: it updated Model Y production lines simultaneously at all four of its global factories. Despite the bold manufacturing feat, the company saw profits tumble, revenue shrink, and carbon credit sales fall. Source: Tesla Tesla’s Q1 2025: Revenue Dips Despite Strong Production In the first quarter, Tesla produced over 362,000 vehicles and delivered more than 336,000. However, its total revenue dropped 9% year-over-year to $19.3 billion, with the automotive segment seeing a…

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The United States is facing a major challenge in its clean energy journey. In April 2025, the U.S. federal government ordered a pause on construction of Equinor’s Empire Wind project, a $5 billion offshore wind farm planned to supply clean energy to New York City. This decision, led by U.S. Interior Secretary Doug Burgum under President Donald Trump’s administration, has raised questions about the future of offshore wind in the country. Empire Wind Anchored: $5B Project Comes to a Sudden Stop Empire Wind was expected to be one of the largest offshore wind farms in the U.S., with 54 turbines…

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Financial guru, author, motivational speaker, financial advisor and self-made millionaire Suze Orman is a go-to expert in the personal finance space. Part of what helps her stand apart from her peers is the way she lays her thoughts and advice out. She’s 100% no-nonsense and tells it like it is, or, rather, how it is from her knowledgeable, experienced perspective. Discover More: Suze Orman’s Top Tip for Building Wealth Is a ‘Very Easy One’ Find Out: These 10 Used Cars Will Last Longer Than an Average New Vehicle You might describe Orman’s communication style as blunt and assertive — and…

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