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The EU is delaying retaliatory tariffs on US goods in hopes of reaching a deal by Aug. 1

The EU is delaying retaliatory tariffs on US goods in hopes of reaching a deal by Aug. 1

BRUSSELS (AP) — The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month.

″This is now the time for negotiations,″ European Commission President Ursula von der Leyen told reporters in Brussels on Sunday, after President Donald Trump sent a letter announcing new tariffs of 30% on goods from the EU and Mexico starting Aug. 1.

The EU — America’s biggest trading partner and the world’s largest trading bloc — had been scheduled to impose ″countermeasures″ starting Monday at midnight Brussels time (6 p.m. EDT; 22:00 GMT). The EU negotiates trade deals on behalf of its 27 member countries.

Von der Leyen said those countermeasures would be delayed until Aug. 1, and that Trump’s letter shows ″that we have until the first of August″ to negotiate.

″We have always been clear that we prefer a negotiated solution,″ she said. If they can’t reach a deal, she said that ″we will continue to prepare countermeasures so we are fully prepared.″ read more

Moving NASA HQ from DC to Space Coast still on lawmakers’ minds

Moving NASA HQ from DC to Space Coast still on lawmakers’ minds

As newly elected President Trump announced laid out his plans to reduce workforce and waste, Florida politicians began floating the idea to relocate NASA’s headquarters from Washington to Florida. That idea isn’t dead.

U.S. Sen. Ashley Moody, who filled Florida’s junior senate position vacated by now Secretary of State Marco Rubio, said Friday she’s still working with colleagues to make that a reality.

Speaking from the state’s aerospace economic development agency Space Florida’s offices in Brevard County at an event about Trump’s “Big, Beautiful Bill” opening up tax-free bonds to the nation’s spaceports, she reminded the audience that it’s still on the state’s wish list.

“It should surprise no one that when I learned that NASA headquarters building in Washington was sitting empty and was only occupied by 15%, that we said, ‘Well, where is a better location for the United States NASA Headquarters than right here on Florida Space Coast?’ Because this is where the action is happening.” she said. read more

The Savings Game: Getting retroactive Social Security benefit payments

The Savings Game: Getting retroactive Social Security benefit payments

Q. I receive a significant pension from work I have done outside of Social Security. I have not worked enough hours under Social Security to receive a benefit based on my work record. My spouse is retired and receives a generous Social Security benefit.

A few years ago, I contacted Social Security and asked if I was eligible for a spousal benefit. I was informed that because two-thirds of my pension exceeded the spousal benefit I would otherwise be entitled to, that I shouldn’t even apply for a spousal benefit because of the regulations related to the Government Pension Offset (GPO).

So I did not apply. When the Windfall Elimination Provision (WEP) and GPO were repealed at the end of 2024, I filed for a spousal benefit because I was told that the two-thirds reduction was no longer in effect. After I applied, I was told that because I never applied for a spousal benefit prior to the repeal of GPO, I was not eligible for retroactive payments. I am now receiving a spousal benefit, but why am I not entitled to retroactive payments? read more

Job scams are on the rise and more people are falling for them. Protect yourself with these tips

Job scams are on the rise and more people are falling for them. Protect yourself with these tips

By CORA LEWIS, Associated Press

NEW YORK (AP) — As job-seekers look for work in a challenging environment, an increasing number are falling victim to job scams that promise good pay for completing easy online tasks, according to the Federal Trade Commission.

The scams start innocuously, often with a tailor-made text or WhatsApp message, and the scammers take time to build trust with the victim before cashing in on the relationship.

“Most of the people who end up losing money to a scammer are behaving pretty rationally,” said Kati Daffan, assistant director of the Federal Trade Commission’s division of marketing practices. “Scammers are sophisticated, and they keep changing their tactics.”

Reported losses to job scams increased more than threefold from 2020 to 2023. In the first half of 2024, they topped $220 million, according to the FTC. Gamified job scams, or task scams, represented a significant portion of that growth. About 20,000 people reported experiencing gamified scams in the first part of 2024, compared to 5,000 in all of 2023. read more

Trump announces 30% tariffs against EU, Mexico to begin Aug. 1, rattling major US trading partners

Trump announces 30% tariffs against EU, Mexico to begin Aug. 1, rattling major US trading partners

By AAMER MADHANI

BRIDGEWATER, N.J. (AP) — President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1, a move that could cause massive upheaval between the United States and two of its biggest trade partners.

Trump detailed the planned tariffs in letters posted to his social media account. They are part of an announcement blitz by Trump of new tariffs aimed at allies and foes alike, a bedrock of his 2024 campaign that he said would set the foundation for reviving a U.S. economy that he claims has been ripped off by other nations for decades.

In his letter to Mexico’s leader, President Claudia Sheinbaum, Trump acknowledged that the country has been helpful in stemming the flow of undocumented migrants and fentanyl into the United States. But he said the country has not done enough to stop North America from turning into a “Narco-Trafficking Playground.”

“Mexico has been helping me secure the border, BUT, what Mexico has done, is not enough,” Trump added. read more