Yesterday’s News 2026 01 21

curated news excerpts & citations

growth in nonfarm payrolls 2016-2025

Business Insider: 7 charts show how the economy looked in Donald Trump’s first year of his second presidency

  • Donald Trump just wrapped up the first year of his second term as president.
  • Business Insider examined how the economy has changed in that year.
  • The job market slowed down a lot, consumers kept spending, and tariffs affected inflation a little.


(Business Insider more…)

People’s World: MLK panel cites damage done by Federal worker cuts

BALTIMORE—One of every eight federal workers, who took oaths to serve the U.S. people and faithfully did so until last year, is now out of a job. The fact that hundreds of thousands of those fired were African Americans whose jobs were critical to the well-being of almost everyone in the U.S. was more than enough reason for the issue to be taken up at the AFL-CIO’s annual Martin Luther King Jr. Civil Rights conference in Baltimore last week.

USA Today: Trump called for a 10% cap on card rates by Jan. 20. What happened?


The credit card industry did not follow through. Several banking and consumer experts said they did not know of any major card company that had complied with Trump’s directive.

James Eagle: The difficulty with capping credit card rate


If rates were capped this far below current levels, the real issue would not be cheaper credit, but who would still be able to get it.


Trump wants a cap at 10%

BBC Mundo: Why Mexico has been the biggest beneficiary of Trump’s tariffs (and the litmus test it faces in 2026)


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