Tag Archives: COVID-19

Blavity: Trump’s DOJ Lifts School Desegregation Order From The Civil Rights Era

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This is a giant — and unnecessary — step backwards. Resegragation or — even worse — a return to “separate but equal” days may well follow.

“It probably means the opposite — that the school district remains segregated,” who worked in the DOJ Civil Rights Division during the Joe Biden administration, told the Associated Press. “And in fact, most of these districts are now more segregated today than they were in 1954.”

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“It’s really just signaling that the backsliding that has started some time ago is complete,” antidiscrimination law professor at Tulane University Law School in New Orleans, Robert Westley said. “The United States government doesn’t really care anymore of dealing with problems of racial discrimination in the schools. It’s over.”

Trump’s DOJ Lifts School Desegregation Order From The Civil Rights Era
The Department of Justice has lifted a decades-old school desegregation order in Louisiana this week.

https://www.msn.com/en-us/news/us/trump-s-doj-lifts-school-desegregation-order-from-the-civil-rights-era/ar-AA1E4vVf

NPR: The U.S. economy shrinks as Trump’s tariffs spark recession fears

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Economic output is shrinking. The stock market has dropped sharply. And consumer confidence has tumbled to its lowest level since the onset of the COVID-19 pandemic.

That hardly looks like the new “golden age” the president promised on Inauguration Day just over three months ago.

Figures released by the Commerce Department Wednesday show that the United States’ gross domestic product contracted at an annual rate of 0.3% in the first quarter of the year, after growing at a solid pace of 2.4% in the final months of 2024.

The U.S. economy shrinks as Trump’s tariffs spark recession fears
Trump promised a new “golden age” for the U.S. But his first 100 days in office have left the economy looking tarnished, with data showing the economy contracted in the first three months of the year.

https://www.npr.org/2025/04/30/nx-s1-5380204/trump-economy-gdp-tariffs-recession-consumers

Newsweek: JP Morgan CEO Warns Businesses Are Going to Default on Loans

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As financial markets reel from a new round of tariffs and bond sell-offs, JPMorgan Chase CEO Jamie Dimon issued a stark warning that credit problems are mounting and corporate loan defaults may soon follow.

In an interview with Fox Business on Wednesday, Dimon said rising interest rates, sticky inflation, and widening credit spreads are setting the stage for a wave of financial strain among U.S. companies.

https://www.msn.com/en-us/money/markets/jp-morgan-ceo-warns-businesses-are-going-to-default-on-loans/ar-AA1CChvT