Fed’s Beige Book: Tariff-induced price hikes, trade worries spotlighted
Federal Reserve Chairman Jerome Powell said President Donald Trump’s tariffs were higher than expected, raising the risk of further inflation. A new Federal Reserve report shows that US companies are reporting increased costs due to tariffs. On Wednesday, the Federal Reserve issued the latest version of the Beige Book, which is published eight times a […]
Stocks jump after Trump says he won’t fire Fed’s Powell
EJ Antoni, a senior fellow at Unleash Prosperity, discusses trade negotiations with China over President Donald Trump’s “Varney & Co.” President Donald Trump clarified the plan of the US Central Bank secretary on Tuesday, days after trolling Federal Reserve Chairman Jerome Powell, signaling that he could lose his job by missing a window to cut […]
Virginia Gov. Glenn Youngkin Joins Feds to Detain 521 Violent Illegals
Virginia Republican Gov. Glenn Youngkin appeared on Fox News on Tuesday to promote his relationship with federal immigration officials to crack down on dangerous immigrant gangs. Talk to Martha Maccallum from Fox News storyYoungkin also took the time to take jabs at nearby Maryland Democrats, where Virginia works to support dangerous gang members, helping them […]
Russian Harvard scientist Kseniia Petrova’ ‘knowingly’ broke the law: feds
Federal authorities have said Harvard’s Xenia Petrova “deliberately broke the law” amid continuing push for the deportation of Russian scientists. Petrova, a bioinformentor at the Kirschner Institute at Harvard Medical School, was taken into custody at Boston Logan International Airport On February 16th, when she returned from a trip to Paris. Her lawyer, Gregory Romanovsky, […]
Trump’s attacks on Fed’s Powell ramp up GOP’s economic fears
President Trump’s Federal Reserve Chairman Jerome Powell has given Washington Republicans courageously for conflicts that have further exacerbated financial market disruption and put federal independence and credibility at stake. Republican aides and strategists say GOP lawmakers are very concerned about Trump’s tariff strategy and are afraid to send more waves of financial markets by threatening […]
Feds extend deadline to end NYC congestion pricing by 30 days
The Trump administration has granted New York City another 30 days to comply with demands to roll back congestion pricing, … source
US stocks plunge after Trump calls Fed’s Powell ‘a major loser’
The Dow plunged more than 950 points on Monday as President Trump stepped up his attack on the independence of the Federal Reserve. Dow Jones Industrial Average slid 971.82 points (2.5%) to 38,170.41 after losing 1,406 points in the short week of the previous holiday. The US market closed on Friday. I also skated over […]
Trump tariffs ‘highly likely’ to lead to temporary rise in inflation: Fed’s Powell
The “Big Money Show” panel describes Federal Reserve Chair Jerome Powell’s warning about the impact of tariffs on inflation. Federal Reserve Chairman Jerome Powell said Wednesday that central banks could face a “challenging scenario” as they contest President Donald Trump’s tariffs. Powell said the US trading partner obligations imposed by the White House were “significantly […]
Lawyers for alleged MS-13 member Kilmar Agrego Garcia complain feds have done nothing to bring him back, despite SCOTUS order
The federal government did nothing to comply with the court order for the Salvadoran government to file Kilmar Abrego Garcia, a member of MS-13. “The government updates do not show that measures have been taken to comply with this and Supreme Court orders,” Abrego Garcia’s lawyer filed Tuesday morning in the three-page Maryland federal courtroom. […]
NY Fed’s survey shows American labor market expectations at a post-pandemic low
Certified Public Accountant, Market Analyst and Author Dan Gertude talks about navigating uncertain markets and last-minute tax tips ahead of the IRS deadline. The Federal Reserve Bank of New York released its latest survey on consumer expectations on Monday. This found that Americans’ labor market expectations have fallen to the lowest levels since the Covid-19 […]