Your Pulse On America: Live And Unfiltered
U.S. President Donald Trump and Tesla CEO Elon Musk, alongside Musk’s son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House in Washington, D.C., on March 11, 2025. Mandel Ngan | AFP | Getty Images Elon Musk criticized the Republican spending…
Consumer optimism got a much-needed boost in May on hopes for trade pace between the U.S. and China, according to a survey Tuesday. The Conference Board’s Consumer Confidence Index leaped to 98.0, a 12.3-point increase from April and much better than the Dow Jones consensus estimate for 86.0. Much of the positive sentiment, according to…
Chicago Federal Reserve President Austan Goolsbee said Friday that President Donald Trump’s latest tariff threats have complicated policy and likely put off changes to interest rates. In a CNBC interview, the central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will be on hold as it…
Federal Reserve Chair Jerome Powell speaks at the Thomas Laubach Research Conference held by the Federal Reserve Board of Governors on May 15, 2025 in Washington, DC. Andrew Harnik | Getty Images Federal Reserve Chair Jerome Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is…
Inflation was slightly lower than expected in April as President Donald Trump‘s tariffs just began hitting the slowing U.S. economy, according to a Labor Department report Tuesday. The consumer price index, which measures the costs for a broad range of goods and services, rose a seasonally adjusted 0.2% for the month, putting the 12-month inflation…
Treasury Secretary Scott Bessent said Monday that the trade agreement reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products. Though the U.S. “decoupling” itself from its need for cheap imports from China has been discussed for years, the process has been a slow one and unlikely to ever…
WASHINGTON — The Federal Reserve on Wednesday held its key interest rate unchanged as it waits for the Trump administration’s trade policy to take shape and sees its impact on a sputtering economy. In a move that carried little suspense given the wave of uncertainty sweeping the political and economic landscape, the Federal Open Market…
Job growth was stronger than expected in April despite worries over the impact of President Donald Trump’s blanket tariffs against U.S. trading partners. Nonfarm payrolls increased a seasonally adjusted 177,000 for the month, slightly below the downwardly revised 185,000 in March but above the Dow Jones estimate for 133,000, the Bureau of Labor Statistics reported…
The U.S. economy contracted in the first three months of 2025 on an import surge at the start of President Donald Trump‘s second term in office as he wages a potentially costly trade war. Gross domestic product, a sum of all the goods and services produced from January through March, fell at a 0.3% annualized…
US President Donald Trump speaks during a bilateral meeting with Prime Minister of Norway Jonas Gahr Store in the Oval Office of the White House in Washington, DC, on April 24, 2025. Saul Loeb | Afp | Getty Images President Donald Trump denied that an aggressive bond market sell-off influenced his decision earlier this month…