— It is possible that Trump has based it on forecasts for the year ahead. The US imported $9bn (£7bn) worth of goods per day last year. Some analysts have calculated that the average rate of Trump's tariffs (as of 2 April) is 22%. Applying this to these import figures would get you to $2bn (£1.6bn) a day. But this calculation assumes that the volume of US imports would stay at this level.
— Last Friday, Harvard University received a letter outlining policy demands in order to keep $9 billion in federal funding. Some of the requests included the elimination of Harvard's diversity, equity and inclusion programs and a ban on masks at campus protests, student-run newspaper The Harvard Crimson and other outlets reported. Brown University also learned last week that $510 million in grant money was at risk as the Trump administration reviewed the university's Diversity, Equity and Inclusion policies and its response to antisemitism. Princeton University and Columbia University have also suffered funding losses in recent weeks. On Tuesday, the US Department of Commerce announced Princeton University would lose nearly $4 million in federal funding for climate research programs. The administration announced last week it has suspended research grants totaling $210 million to Princeton University as part of an ongoing investigation into antisemitism on campus.
— The order is limiting its attorneys from accessing government buildings, revoking security clearances and essentially making it impossible for it to represent anyone who has business before the federal government.
— Musk was recently awarded a mega contract by the US government to launch military satellites into space, and he's previously claimed that Starlink will be able to provide high-speed internet for the upcoming private space station.
— Those in Generation Z (aged 23-28), women, conservatives, and less-educated individuals were more likely to believe misinformation. Interestingly, many were accurate in assessing their own limitations: Gen Z and women, in particular, recognized their weaknesses, while those with more education tended to overestimate their skills.
— Decision to accept the agency's deferred resignation offer comes on the heels of the IRS and Department of Homeland Security finalizing an agreement Monday to provide sensitive taxpayer data to federal immigration authorities to help the Trump administration locate and deport undocumented immigrants.
— He sold off shares of his US companies when Trump took office, with the 94-year-old profiting as a result. While the likes of Elon Musk were $130 billion out of pocket, Buffett made $12.7 billion in profits. Buffett sold $134 billion (£105.2 billion) in equities in 2024 and currently has about $334 billion (£262.4 billion) in cash.
— The last bear market happened in 2022, but this decline feels more like the sudden, turbulent bear market of 2020, when the benchmark S&P 500 index tumbled 34% in a one-month period, the shortest bear market ever. It took less than three weeks for stocks to rise 20% from their low in March 2020.
— The S&P 500, Wall Street's main barometer of health, closed 0.2% lower Monday after having been down by as much as 4.7%. It's now 17.6% below the all-time high it set on Feb. 19.
— On average, bear markets have taken 13 months to go from peak to trough and 27 months to get back to breakeven since World War II. The S&P 500 index has fallen an average of 33% during bear markets in that time. The biggest decline since 1945 occurred in the 2007-2009 bear market, when the S&P 500 fell 57%.
— History shows that the faster an index enters into a bear market, the shallower they tend to be. Historically, stocks have taken 251 days (8.3 months) to fall into a bear market. When the S&P 500 has fallen 20% at a faster clip, the index has averaged a loss of 28%.
— At least 137 people have been deported by the Trump administration under the Alien Enemies Act, a move widely condemned by rights groups. The act, last used in World War Two, grants the US president sweeping powers to order the detention and deportation of natives or citizens of an "enemy" nation without following the usual processes. sIt was passed as part of a series of laws in 1798 when the US believed it would enter a war with France.
— CBS News: "The SSI issue could be the result of changes happening at the Social Security Administration under Elon Musk's Department of Government Efficiency, or DOGE, Altman said. Musk has claimed that the system is rife with fraud, and alleged the program is 'the biggest Ponzi scheme of all time'. In recent weeks, the Social Security website has suffered from a number of outages that lasted as long as a day, according to an April 7 Washington Post report. The Social Security Administration told CBS MoneyWatch that the 'brief disruptions' lasted about 20 minutes each, on average. 'Before Trump, Musk and DOGE took over, there were no major crashes or glitches on SSA's website to speak of,' noted Maria Freese, senior Social Security expert at the National Committee to Preserve Social Security and Medicare, an advocacy group focused on retirement issues. 'Certainly there were no messages going out telling people erroneously that their benefits were discontinued.'"
— Since October, the Dominican Republic has deported more than 180,000 suspected undocumented migrants, with plans to deport 10,000 per week.
— On April 1, the New York Times reported that representatives of the U.S. DOGE Service, or the Department of Government Efficiency, told NEH managers it was looking to cut as much as 70 to 80 percent of the agency's roughly 180-person staff. The next day, humanities councils in all 50 states received notice that their grants were being terminated.
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