Trump says he has ‘no intention’ of firing Jerome Powell after calling him a ‘major loser’ — but has a key ask for central bank chief
President Donald Trump said Tuesday that he has no plans to fire Federal Reserve Chairman Jerome Powell, but that he hopes to lower interest rates if the central bank chief rattles investors and the statement that could ease tensions over the future. “I’m not going to fire him,” Trump told reporters in the Oval Office […]
Trump Promises Major Reduction of China Tariff from 145 Percent!
President Trump indicated that a significant reduction in the tariff rate imposed on China is expected following discussions with Chinese President Xi Jinping on Tuesday, expressing hope regarding the trade agreement. “145% is extremely high. It’s not as high as that…it’s not as high,” Trump remarked to journalists in the Oval Office. “It will be […]
Tesla’s net income plunges 71% as Elon Musk confirms ‘major work’ setting up DOGE is done
Elon Musk said Tuesday he will dial back President Trump’s role as cost-cutting emperor. Tesla stocks that were beaten surged despite the company reporting net profits cratered 71% in the quarter. The fighting billionaire told analysts in a post-revenue call that he “allocates time to Doge will be significantly reduced,” referring to the government’s polarization […]
‘Inside the NBA’ kills off NBA playoff hero Billy Ray Bates — but there’s one major problem
It is best to leave some questions unquestioned, especially on national television. During “Inside the NBA” on Sunday, Charles Barkley asked if former Trail Blazers, Bullet and Lakers guard Billy Ray Bates was still alive. And that’s when everything went south quickly, when co-analysis Shaquille O’Neill later said, “He’s gone.” There’s only one problem. Bates […]
Stock market continues to dive after Trump tirade against ‘major loser’ Fed Chairman Jerome Powell
President Donald Trump responded by excending US Federal Reserve Chairman Jerome Powell by continuing to reduce the value of the stock market. The market lost trillions of dollars as Trump launched his plan to issue massive tariffs to raise revenue and reduce the trade deficit with US trading partners. “If the losers are too late, […]
Trump Blasts Fed Chair Powell as ‘Major Loser,’ Questions Political Motives Behind Rate Decisions
President Donald Trump on Monday targeting Federal Reserve Chairman Jerome Powell, sharply criticising central bank chiefs’ handling of interest rates, suggesting that political bias could be playing. In a post about the True Society, Trump said that “preemptive” interest rate cuts are now “a demanded by many,” and that Powell was negligent in habitually acting […]
Justice Alito dissents from major deportation ruling: ‘Legally questionable’
Fox News contributor Jonathan Turley joins ‘Fox & Friends’ to discuss his take on the dissent and why he believes frustration is on … source
LOFTUS: Major Cultural Shift Happening Right Under Your Nose … Literally
There was a time when weeds were cool. Ten years ago, Stoner was considered a rebel, like the figure of James Dean, but with long, grossly, messy hair, a prime minister with patchy face, and a denim jacket over leather. Instead of motorcycles, they drove low-haired sedans with constant smoke emissions blown through tailpipes and […]
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 […]
Donald Trump to Meet with Major Retailers After Big Retail Opposed Tariffs
President Donald Trump will meet with major retailers on Monday after the National Retail Federation (NRF) announced it would not support the president’s mutual tariff policies. White House officials I said Reuters will meet on Monday afternoon to discuss his tariff policy. The meeting will include representatives from Walmart, Home Defort, Lowe’s and Target. Walmart […]