Aug 05 What we know about Trump’s Fed chair candidates so far By Fatima Hussein, Associated Press President Donald Trump said Tuesday that he's whittled down his list of potential Federal Reserve chair candidates to four as he considers a successor to Jerome Powell — a choice that could reset the path of the U.S. economy. Continue reading
Aug 04 Watch 8:41 Firing of labor statistics head undermines trust in key data, ex-Trump official warns By Geoff Bennett, Jackson Hudgins President Trump is expected to nominate a new head of the Bureau of Labor Statistics this week, days after firing Commissioner Erika McEntarfer following the release of a disappointing jobs report. The president dismissed the data as “rigged” and “manipulated… Continue watching
Aug 04 Watch 8:58 Amy Walter and Jasmine Wright on Trump’s BLS firing and trust in institutions By Geoff Bennett, Kyle Midura Amy Walter of the Cook Political Report with Amy Walter and Jasmine Wright of NOTUS join Geoff Bennett to discuss the latest political news, including President Trump fires the commissioner of the Bureau of Labor Statistics after a weak jobs… Continue watching
Aug 04 U.S. tariffs put 30,000 South African jobs at risk, officials say By Michelle Gumede, Associated Press South African authorities have warned that U.S. reciprocal tariffs could put an estimated 30,000 jobs at risk. The U.S. plans to impose a 30% tariff on South African goods, creating uncertainty for export industries. Continue reading
Aug 04 Musk is getting millions of Tesla shares worth about $29 billion after judge ordered his pay package revoked By Michelle Chapman, Associated Press Tesla is awarding CEO Elon Musk 96 million shares of restricted stock. In December Delaware Chancellor Kathaleen St. Jude McCormick reaffirmed her earlier ruling that Tesla must revoke Musk’s multibillion-dollar pay package. Continue reading
Aug 04 Thousands of Boeing workers who build fighter jets just went on strike By Cathy Bussewitz, Associated Press Saying “enough is enough," workers at three Boeing manufacturing plants went on strike overnight. Continue reading
Aug 03 Personalized pricing has spread across many industries. Here’s how consumers can avoid it By Jay L. Zagorsky, The Conversation As AI powers individualized pricing across industries, businesses are increasingly charging based on what they think you can pay. Continue reading
Aug 02 Analysis: The trade-offs in Trump’s trade policy By Michael Froman, Council on Foreign Relations President Donald Trump’s tariff policies create conundrums that challenge his other stated goals of winning the AI race, reindustrializing the United States, and reducing trade deficits. Continue reading
Aug 02 Watch 5:26 Economist analyzes fallout of Trump’s sweeping new tariffs and firing of BLS commissioner By Ali Rogin, Zoie Lambert The White House’s announcement Friday that it will impose hefty tariffs on imports from nearly 70 countries next week triggered the worst day on Wall Street in more than a month. Those economic jitters were compounded by a weaker than… Continue watching
Aug 01 Watch 8:32 Tariffs will help improve ‘broken global economic situation,’ economist Oren Cass says By Geoff Bennett, Jackson Hudgins President Trump announced another list of new tariffs on more than 60 countries, an unprecedented economic move that seeks to remake the global trade system. The tariffs, which range in rates from 10 to 41 percent, will take effect next… Continue watching