Author: Daniel snow
US President Donald Trump speaks during a visit to US Steel – Irvin Works in West Mifflin, Pennsylvania, May 30, 2025. Saul Loeb | AFP | Getty Images When threatened, birds puff up their feathers to appear larger than they actually are, and squawk to signal aggression.On Friday, U.S. President Donald Trump suggested he would no longer be “Mr. NICE GUY” to China after the country “totally violated” its trade agreement with America. The same day, Trump said he would raise tariffs on steel imports to 50% from 25%.The escalations follow a détente in May, during which Trump reached a…
We keep getting thrown off, and the lack of predictability is driving investors elsewhere. Do we really think the economies in Europe are doing that well? Is Italy on fire? Spain soaring? No. But what they do have is consistency , even if it is the consistency of mediocrity. We, on the other hand, have no stability whatsoever because of the incredible, mind-boggling power of the White House. It’s so pervasive, frightening even if you care about the U.S. Constitution, that I think the rank-and-file of both parties in the House and the Senate are shocked to their core. We…
The Federal Reserve will likely be able to lower interest rates this year, and recent data supports this outlook, Fed Governor Christopher Waller said. Source link
Wave of anger could sweep liberals to victory in South Korea election Source link
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month in a row, a move intended to reassert control over the market by driving oil prices lower. Source link
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPresident Donald Trump lauded billionaire Elon Musk on Friday as the Tesla CEO wrapped up his time in government service after four turbulent months leading the so-called Department of Government Efficiency (DOGE).”This will be his last day, but not really, because he will, always, be with us, helping all the way,” Trump wrote Thursday on Truth Social, adding, “Elon is terrific!”Still, Musk said Sunday that while he has been a…
Doctors used a blood test called a ‘liquid biopsy’ to make early treatment decisions for the first time. Source link
US President Donald Trump boards Air Force One at Joint Base Andrews, Maryland, on May 30, 2025. Saul Loeb | AFP | Getty ImagesPresident Donald Trump’s top economic advisers maintained confidence on Sunday that the “tariffs are not going away,” as a key tenet of Trump’s policy agenda hangs in legal limbo.”Rest assured, tariffs are not going away,” Commerce Secretary Howard Lutnick said on “Fox News Sunday,” days after a federal court ruled that Trump overstepped his authority when he imposed the sweeping duties.A federal appeals court later granted the Trump administration’s request to temporarily pause the ruling, giving the White House…
White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | ReutersNational Economic Council director Kevin Hassett suggested on Sunday that President Donald Trump and China’s President Xi Jinping could have a conversation about trade as soon as this week.Hassett said, however, that a specific date for a conversation between the two leaders has not been set.”President Trump, we expect, is going to have a wonderful conversation about the trade negotiations this week with President Xi, that’s our expectation,” Hassett said on ABC News’ “This Week.”He followed…
The Trump team and House leaders are pushing the Senate to aim for speed rather than lots of revisions to the One Big Beautiful Bill Act. Source link