Author: Daniel snow
President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell amid the president badgering the central bank for lower interest rates.The central bank confirmed in a release that the meeting occurred, stressing that the future path of monetary policy was not discussed.”At the President’s invitation, Chair Powell met with the President today at the White House to discuss economic developments including for growth, employment, and inflation,” the Fed statement said. “Chair Powell did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming economic information and what that means…
President Donald Trump may have just been deprived of a key cudgel to push his massive tax and spending agenda through Congress: the promise that tariffs would bring in hundreds of millions of dollars. Source link
Readers discuss the confrontation between President Trump and Harvard. Also: Standing up to Vladimir Putin; silencing authors; self-driving trucks. Source link
In the escalating standoff between Harvard University and the White House, trade schools could come out on top.As part of a broader crackdown at the nation’s wealthiest and most elite Ivy League schools, President Donald Trump recently signaled that he would divert funds from Harvard to financially support vocational training.”I am considering taking THREE BILLION DOLLARS of Grant Money away from a very antisemitic Harvard, and giving it to TRADE SCHOOLS all across our land,” Trump posted on Monday on Truth Social.It’s unclear how the president’s plan might work, and there would be many obstacles associated with redirecting federal funding. But the…
Starship is unlike other rockets. And SpaceX is testing it to destruction—deliberately. Source link
2025 Jeep Cherokee SUVStellantisDETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which the company expects to assist in the brand’s turnaround when it arrives later this year.The Stellantis brand said the new midsize SUV will feature a hybrid powertrain option but declined to specify if it would be a traditional hybrid or plug-in hybrid electric vehicle (PHEV), which the company currently offers on several SUVs.”The all-new Jeep Cherokee headlines our efforts to deliver more product, innovation, choice and standard content to customers than ever before,” Jeep CEO Bob Broderdorf said in a…
The Court of International Trade ruled inf favor of a suit by a group of entrepreneurs that argued Trump’s emergency justification for the tariffs overstepped presidential authority. Source link
A federal court has blocked a swath of U.S. President Donald Trump’s tariffs, but the ruling from the Court of International Trade doesn’t affect the import taxes that he’s slapped on particular sectors — and that he’s expected to impose on other industries. Source link
U.S. President Donald Trump speaks during an event announcing new tariffs in the Rose Garden at the White House in Washington, April 2, 2025.Chip Somodevilla | Getty ImagesThe Trump administration said it may ask the U.S. Supreme Court as soon as Friday to immediately pause a federal court ruling blocking many of President Donald Trump’s tariffs.The U.S. will seek the “emergency relief” from the nation’s highest court if a federal appeals court does not quickly issue at least a temporary pause of that ruling, it said in a court filing Thursday morning. The comment came as Trump’s top aides are…
The president’s storytelling is in an unscrupulous league of its own. Source link