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Millions Suffer as Trump’s Economy Crumbles

BLACKPRESSUSA NEWSWIRE — America’s economy is not collapsing by accident. Under President Donald Trump, Russell Vought, and Stephen Miller, a deliberate plan has taken hold, a plan that weakens the labor market, starves families of food and health care, and rewards the wealthy with power and profit.

Published

9 months ago

October 30, 2025

Stacy M. Brown

By Stacy M. Brown
Black Press USA Senior National Correspondent

America’s economy is not collapsing by accident. Under President Donald Trump, Russell Vought, and Stephen Miller, a deliberate plan has taken hold, a plan that weakens the labor market, starves families of food and health care, and rewards the wealthy with power and profit. What was once called “economic populism” has become an organized campaign of cruelty that has left the country broken and millions of Americans in despair.

The labor market is in free fall. UPS cut 48,000 workers, the largest reduction in its 117-year history. Amazon is firing up to 30,000 corporate employees. Intel eliminated 24,000 positions. Nestlé slashed 16,000 jobs. Ford and Accenture each let go of 11,000 workers. Novo Nordisk terminated 9,000 employees. Microsoft cut 7,000. PwC laid off 5,600. Salesforce dismissed 4,000. Paramount reduced 2,000. Target eliminated 1,800. Kroger cut 1,000. Applied Materials reduced 1,444, and Meta let go of 600. The layoffs have rippled across every major industry, devastating workers, families, and communities nationwide. According to Intellizence data, more than 4,200 companies have announced mass layoffs since January. The Associated Press reported that executives cite Trump’s tariffs, erratic trade actions, and federal instability as the leading causes of widespread job losses and frozen hiring.

While the job market collapses, Trump’s government shutdown has unleashed a humanitarian crisis. More than 42 million Americans, many of whom supported Trump, will lose access to food assistance through SNAP and WIC. Another 25 million people will lose their health care. Trump also canceled nearly 94 million pounds of food aid, including meat, eggs, and dairy, that were supposed to reach food banks across the country. For those working on the front lines of hunger relief, it was an invisible theft—food promised but never delivered. The U.S. Department of Agriculture confirmed it will not release $6 billion in contingency funds, claiming the money can only be used for “unforeseen events” such as natural disasters. Yet Trump approved $40 billion for Argentina, spent $1 billion for a private jet stationed in Qatar, and at least $300 million to destroy historic White House property and construct a new ballroom for himself. Taxpayers have been forced to pay an estimated $30 million for his golf trips, $520 million for unnecessary National Guard deployments, and $172 million for jets requested by Homeland Security Secretary Kristi Noem. None of those expenditures has lowered health care costs or provided relief to struggling families.

While ordinary Americans lose jobs, food, and medical care, Trump’s personal income has skyrocketed. The Trump Organization reported $864 million in revenue in the first half of 2025, a 17-fold increase from the previous year. Most of that money came from cryptocurrency ventures. Financial filings show $463 million from sales of World Liberty Financial tokens and another $336 million from TRUMP meme coins. The investigation revealed that foreign investors were heavily involved. Hong Kong-based billionaire Justin Sun, who reportedly was charged with fraud by the SEC in 2023, bought $75 million worth of Trump tokens. Abu Dhabi’s state-controlled MGX used Trump’s stablecoin to fund a $2 billion investment in Binance. Chinese businessman Guren “Bobby” Zhou, reportedly under investigation for money laundering in Britain, purchased $100 million in tokens. Trump, meanwhile, eliminated federal crypto enforcement teams, withdrew regulatory warnings, and pardoned Binance founder Changpeng Zhao after his conviction for anti-money-laundering failures. Ethics experts have called it the most blatant conflict of interest in U.S. history.

Vought, Trump’s former budget director and the author of Project 2025, created the framework for this collapse. His plan dismantles federal oversight, guts safety nets, and funnels public funds into private and partisan interests. Miller, Trump’s longtime political enforcer, has turned those ideas into action by starving agencies, blocking aid, and tightening control of the economy under the White House. Wall Street, meanwhile, is celebrating the pain. UPS shares surged nine percent after its mass firings, and Amazon’s stock climbed on news of more job cuts. Economists say this “profit from pain” economy has become Trump’s defining legacy, an America where corporate success depends on working-class suffering. The fallout is everywhere. Food banks are running out of supplies. Hospitals are closing departments. Families are skipping rent to pay for prescriptions. Millions who once believed Trump would protect them are now struggling to survive policies that favor billionaires, foreign investors, and the politically connected.

Georgetown University business professor Jason Schloetzer told the Associated Press that uncertainty has replaced confidence in every corner of the job market. “A lot of people are looking around, scanning the job environment, scanning the opportunities that are available to them, whether it’s in the public or private sector,” he said. “And I think there’s a question mark around the long-term stability everywhere.”

Stacy M. Brown

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Jovita Moore Mural Still Has Not Been Repainted in Grant Park

ATLANTA VOICE — A mural depicting late journalist Jovita Moore, painted on the exterior wall of a building now occupied by Bellwood Coffee in Grant Park, was painted over in April. Moore passed away in 2021 after decades of working in Atlanta television news. Bellwood Coffee owners stated in May they were unaware of Moore’s identity or significance to the community before painting over the mural.
The post Jovita Moore Mural Still Has Not Been Repainted in Grant Park appeared first on BlackPressUSA.

Published

2 weeks ago

July 8, 2026

Oakland Post

At the corner of Boulevard, SE. and Rosalia St., SE., directly across the street from an abandoned home and a Methodist Church, is Bellwood Coffee. One of hundreds of coffee shops in Atlanta, this place of business would not be worth a solitary discussion if not for the way its exterior walls are currently painted. There was once a mural depicting the late Jovita Moore, a beloved journalist who worked in Atlanta for decades. Moore, who passed away in 2021, mentored many of the people you see on television newscasts today. Though her legacy will never be forgotten, it was the mural of her image that was erased.

In April, members of the Grant Park community voiced their disgust at the mural, which graced a side wall of the building now occupied by Bellwood Coffee’s Grant Park location, before it was painted over. In its place are the words “Bellwood Coffee; Cocktails, Biscuits, Dry Goods, Air Conditioning. *Heat Too”. In May, the business owners responded to the community pushback on social media by acknowledging they did not know who Moore was before painting over her image. And later admitted that they did not attempt to find out what she meant to the community.

On May 21, the Bellwood Coffee Instagram account had a post about being “in close contact with Jovita’s family and are actively working on next steps in this process.” Two months later, the mural has not been replaced, repainted, or repositioned on the property. Nothing has been done. Black history is often erased, most recently by the current Presidential administration, but oftentimes on a smaller, quieter scale. The mural was originally painted by muralist Tommy Bronx, who had been in contact with the business owners about repainting it. As of July 6, Tommy Bronx had responded to a direct message via his Instagram account from The Atlanta Voice about any updates on his plans to repaint the mural.

“We’re currently working on it. You should see some movement in the weeks to come,” he wrote in a response.

On Monday, July 6, the business had several patrons inside and was running smoothly with three employees manning the counter. The Atlanta Voice dropped by Bellwood Coffee to get a look at the exterior wall where the mural once stood as a memorial to a journalist and mother who lost her life to brain cancer at the young age of 54. Moore’s image added some color to the block. The grey wall in its place does not.

A direct message was sent to the Bellwood Coffee Instagram account, and there hasn’t been a response as of 7 p.m. on Monday.

The post Jovita Moore Mural Still Has Not Been Repainted in Grant Park appeared first on The Atlanta Voice.

Based on reporting by Atlanta Voice.

The post Jovita Moore Mural Still Has Not Been Repainted in Grant Park appeared first on BlackPressUSA.

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‘Proud to Hang Her from a Tree’: Man Arrested for Threatening Black Senator

ATLANTA DAILY WORLD — A New York man faces felony hate crime charges for allegedly posting a threat against New York State Senator Lea Webb. James A. Crosby, 49, of Binghamton, was arrested by New York State Police after investigators determined he posted a threatening comment on a social media news post about a Juneteenth celebration.
The post ‘Proud to Hang Her from a Tree’: Man Arrested for Threatening Black Senator appeared first on BlackPressUSA.

Published

2 weeks ago

July 8, 2026

Oakland Post

A New York man is facing felony hate crime charges after allegedly posting that he’d be “proud to hang” New York State Senator Lea Webb from a tree in response to a news story about a Juneteenth celebration.

James A. Crosby, 49, of Binghamton, was arrested June 23 by New York State Police after investigators determined he posted a threatening comment on a WBNG 12 News Facebook post. “I’d be proud to hang her from a tree,” Crosby wrote, according to WBNG.

Crosby was charged with making a terroristic threat as a hate crime, a class C felony, per the New York State Police. He is currently being held at Broome County Jail.

During the subsequent investigation, state police found Crosby was in illegal possession of firearms despite being prohibited from owning them due to a prior felony conviction. Investigators recovered a rifle, a large-capacity ammunition feeding device, and a firearm suppressor — all prohibited under New York state law, per the NYSP.

Crosby was charged with four additional counts of criminal possession of a weapon in the third degree, all class D felonies.

Webb, who represents New York’s 52nd Senate District, had been a featured speaker at a Juneteenth flag-raising ceremony at Binghamton City Hall, where the celebration included prayers and the singing of the Black national anthem.

Police said Crosby’s comment was posted in response to a WBNG news story covering the event.

The day before his arrest, Crosby posted a Facebook apology claiming the comment “was not intended to be racial in any way” and was made in reference to what he described as a “criminal,” citing criticism of Webb over her use of nonprofit legal aid in a foreclosure case — a matter state watchdogs said created an appearance of a conflict of interest, per the Ithaca Voice. He was arrested the following day.

Webb issued a public statement June 25 condemning the threat.

“It was extremely disappointing and hurtful to see the now-deleted threat and attacks on my life in response to a story about Juneteenth, a national holiday that recognizes the ending of slavery in America,” she said. “Feedback and thoughts on policy are one thing, but to make a public call for lethal violence is absolutely unacceptable and dangerous. We must recognize our shared humanity and reject violence in all forms.”

She thanked Gov. Kathy Hochul, Senate Majority Leader Andrea Stewart-Cousins, and law enforcement for their “swift response.”

Following Crosby’s comments, social media users called for a boycott of his contracting business, Crosby Home Improvements.

The Binghamton City Democratic Committee also called for an investigation into the incident before his arrest.

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The post ‘Proud to hang her from a tree’: Man arrested for threatening Black Senator appeared first on Atlanta Daily World.

Based on reporting by Atlanta Daily World.

The post ‘Proud to Hang Her from a Tree’: Man Arrested for Threatening Black Senator appeared first on BlackPressUSA.

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CARICOM: Strengthen Integration for Future Generations

NEW YORK CARIB NEWS — Outgoing CARICOM Chairman Terrance Drew called on regional leaders to build a stronger and more effective Caribbean Community that benefits future generations. Speaking at the 51st Regular Meeting, Drew urged modernization of governance structures and improved implementation of Community decisions to make CARICOM safer and more prosperous.
The post CARICOM: Strengthen Integration for Future Generations appeared first on BlackPressUSA.

Published

2 weeks ago

July 8, 2026

Oakland Post

Speaking Sunday at the opening of the 51st Regular Meeting of the Conference of Heads of Government in Saint Lucia, Dr. Terrance Drew said the region must modernize its governance structures, improve the implementation of Community decisions, and ensure CARICOM becomes safer, more prosperous, and more relevant to the lives of its citizens.

The meeting, being held under the theme “CARICOM: From Resilience to Renewal in a Changing World,” coincides with the Community’s 53rd anniversary. During the ceremony, Dr. Drew formally handed over the rotating CARICOM chairmanship to Saint Lucia’s Prime Minister, Philip J. Pierre.

Reflecting on his six-month tenure as chairman, Drew praised fellow regional leaders for maintaining their commitment to democracy, good governance, unity, and the rule of law despite mounting global economic and geopolitical challenges.

“Throughout these challenges, CARICOM chose engagement over isolation. Together, we reaffirmed our commitment to a fair and rules-based international trading system and ensured that the interests of small developing states continued to be heard.”
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He highlighted progress made in strengthening the CARICOM Single Market and Economy, including deeper trade cooperation, expanded labour mobility, and efforts to lay the foundation for long-term economic growth. Drew also noted the Community’s growing partnerships beyond the Caribbean, particularly with the African Union, while stressing that every international partnership should advance the interests of all parties involved.

The outgoing chairman also expressed appreciation to Dr. Carla Barnett and the CARICOM Secretariat for their professionalism and unwavering support during his tenure.

“Whenever I called, you answered. Whenever support was required, you and your team responded with diligence, competence, and excellence.”

Dr. Drew urged the Secretariat to continue preserving its impartiality while faithfully implementing decisions made by Heads of Government, saying that balance has helped strengthen the regional integration movement.

The conference continues in Saint Lucia with regional leaders expected to deliberate on key issues including regional security, climate resilience, trade, economic integration, food security, Haiti, reparations, and strengthening the CSME.

Based on reporting by New York Carib News.

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