Not chickening out on tariffs

Not chickening out on tariffs

President Donald Trump on Wednesday pushed back against an emerging critique of his on-again, off-again tariff threats, which has been derisively summed up as the “TACO trade.” The term coined by a Financial Times columnist — which stands for “Trump Always Chickens Out” — describes a pattern in which Trump announces heavy new tariffs, sending…

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Mike Pence Qatari jet gift ‘a bad idea’ Trump should turn down

Mike Pence Qatari jet gift ‘a bad idea’ Trump should turn down

Former U.S. Vice President Mike Pence speaks in observance of Constitution Day at Middle Tennessee State University (MTSU) in Murfreesboro, Tennessee, U.S., September 17, 2024.  Seth Herald | Reuters Former Vice President Mike Pence said Sunday that President Donald Trump should turn down the gift of a $400 million jet from the royal family of Qatar, citing national…

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Cava (CAVA) Q1 2025 earnings

Cava (CAVA) Q1 2025 earnings

A customer exits a Cava restaurant in New York City on June 22, 2023. Brendan McDermid | Reuters Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut back on dining. The Mediterranean chain said its same-store sales grew 10.8%…

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Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges

Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges

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…

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