Author: Sara William
Sara William
Sara William is a veteran journalist, economist, and columnist with over 40 years of experience reporting on the intersection of politics and economics. Since beginning her career in 1984, she has built a distinguished reputation for her deep analysis and authoritative coverage of major historical events and their financial implications. Sara has reported extensively on the connection between politics and the stock market, the economic aftermath of the 9/11 attacks, the 2008 financial crash, and the Covid-19 market collapse. Her work unpacks how global and domestic policies shape financial markets and the economy at large.
In a sharp rebuke to the Trump administration’s handling of the ongoing government shutdown, a federal judge in Rhode Island ruled Thursday that the U.S. Department of Agriculture must fully fund Supplemental Nutrition Assistance Program (SNAP) benefits for November, ensuring tens of millions of low-income Americans receive their food assistance by Friday. U.S. District Judge John J. McConnell Jr., an Obama appointee, lambasted the administration for acting “arbitrarily and capriciously” in delaying payments, citing the immediate hardship on 42 million recipients—including 16 million children—and ordering the use of untapped reserves to cover the full $8 billion monthly cost. The decision,…
President Donald Trump announced on Friday that the United States will slap an additional 100% tariff on all Chinese imports starting November 1, on top of existing duties, while imposing sweeping export controls on “any and all critical software.” The move, framed as retaliation for Beijing’s recent tightening of export restrictions on rare earth elements, sent shockwaves through global markets, wiping out nearly $2 trillion in stock value and reigniting fears of a full-blown decoupling between the world’s two largest economies. With bilateral trade already strained by springtime tariff spikes that peaked at 145% on U.S. goods into China, Trump’s…
Joe Biden, the doddering architect of America’s near-collapse under socialist policies and endless scandals, is now reaping what he sowed in the form of a post-presidency that’s as bankrupt as his administration’s border strategy. Eight months after handing the White House back to a resurgent Donald Trump, Biden finds himself persona non grata among the elite circles that once propped him up. Corporate boards won’t touch him, speaking gigs are evaporating faster than his poll numbers, and donors are treating his presidential library like a toxic asset. This isn’t just bad karma; it’s a market correction on a failed leader…
Donald Trump flies into Britain on Tuesday evening for a three-day state visit, with the US and UK promising to boost financial ties, including by exploring closer alignment of their capital markets. UK Prime Minister Sir Keir Starmer wants to use Trump’s visit to showcase Britain as an inward investment hotspot, with US private equity company Blackstone pledging to invest £100bn in British assets over the next decade. US officials said there would be at least $10bn of investment deals in the technology sector, an agreement on nuclear co-operation and an exploration of “how the deep connections between our leading…
Charlie Kirk, a lifelong advocate for free speech, the leader of the nation’s preeminent conservative youth organization, and a beloved confidant of the first family, was fatally shot Wednesday afternoon while speaking with students at Utah Valley University. President Trump confirmed the news in a post on Truth Social, writing that Kirk, founder of Turning Point USA, “was loved and admired by ALL, especially me, and now, he is no longer with us.” Flags at the White House were lowered to half-staff in his honor. Kirk was 31. He is survived by his wife and two young children. FBI Director…
WASHINGTON — In an unprecedented escalation of his long-standing feud with the Federal Reserve, President Donald Trump on Monday announced the immediate removal of Governor Lisa Cook from the central bank’s board, citing allegations of mortgage fraud stemming from a criminal referral by a key ally. Cook, the first Black woman to serve as a Fed governor, swiftly rebuffed the action, declaring that Trump lacks the legal authority to fire her and pledging to continue her duties while challenging the decision in court. The move marks the first time in the Federal Reserve’s 112-year history that a sitting president has…
President Donald Trump said after his Aug. 15 summit with Russian President Vladimir Putin that progress made in the talks means that he will not immediately consider imposing additional tariffs on countries such as China for buying Russian oil—but hinted that he might have to “in two or three weeks.” Trump has warned that if Russia does not move toward ending the war in Ukraine, the United States will impose sanctions directly on Moscow. He has also threatened secondary sanctions—penalties on countries such as China and India that continue to buy Russian oil despite U.S. pressure. China and India are…
Ukrainian President Volodymyr Zelenskyy will be accompanied by European and NATO leaders during his meeting with U.S. President Donald Trump on Aug. 18, European Commission President Ursula von der Leyen said on Aug. 17. Zelenskyy’s previous meeting with Trump at the White House in February was cut short after the sit-down turned into a heated exchange, leading to the Ukrainian president’s early exit from the talks. “This afternoon, I will welcome [Zelenskyy] in Brussels,” Von der Leyen, head of the European Union’s executive branch, posted on X on Aug. 17. “At the request of President Zelenskyy, I will join the…
WASHINGTON — President Donald Trump will host Ukrainian President Volodymyr Zelenskyy and a coalition of European leaders at the White House on Monday, August 18, 2025, to advance negotiations aimed at ending Russia’s war in Ukraine, now in its fourth year. The meetings, which include UK Prime Minister Keir Starmer, French President Emmanuel Macron, German Chancellor Friedrich Merz, Italian Prime Minister Giorgia Meloni, Finnish President Alexander Stubb, and NATO Secretary-General Mark Rutte, follow an inconclusive summit between Trump and Russian President Vladimir Putin in Alaska on August 15. “Big day at the White House tomorrow,” Trump posted on Truth Social…
WASHINGTON — In a significant development in efforts to end Russia’s war in Ukraine, U.S. special envoy Steve Witkoff revealed on August 17, 2025, that Russian President Vladimir Putin agreed to allow the United States and European allies to provide Ukraine with NATO-style security assurances during the August 15 Alaska peace summit. The concession, described as a potential breakthrough, could pave the way for a peace deal to halt the three-and-a-half-year conflict. Speaking on CNN’s State of the Union, Witkoff detailed the agreement, stating, “We were able to win the following concession: That the United States could offer Article 5-like…