In May 2025, U.S. retail sales fell by 0.9%, a steeper decline than the anticipated 0.6% drop, underscoring a cautious pullback in consumer spending amid mounting economic uncertainties. The Commerce Department’s report, released on June 17, 2025, highlighted a broad slowdown in discretionary purchases, marking the second consecutive monthly decline following April’s revised 0.1% decrease. … Read more
Stock Market Crash Not Part of Trump’s Economic Plan, Advisors Clarify Washington, D.C. – Amid growing market volatility and concerns over former President Donald Trump’s proposed economic policies, his campaign advisors have firmly dismissed speculation that a stock market crash is part of his strategy, calling such claims “baseless fearmongering.” Market Jitters Over Trump’s Policy Proposals Recent … Read more
President Donald Trump expressed confidence on July 25, 2025, that Federal Reserve Chair Jerome Powell is ready to start lowering interest rates, following a meeting between the two. Trump indicated the meeting was positive, quoting Powell as saying, “the country is doing well,” and interpreting this as a signal that Powell might recommend rate cuts. … Read more
Fed Governor Miran Denies Sharing Rate Vote Plans with Trump Amid Independence Scrutiny Fresh off his controversial confirmation and lone dissent in the Federal Reserve’s latest rate cut, new Governor Stephen Miran is pushing back against whispers of White House meddling. In a pointed CNBC interview on Friday, September 19, 2025, Miran flatly stated he … Read more
In May 2025, U.S. consumer confidence rebounded sharply, with the Conference Board’s Consumer Confidence Index® jumping 12.3 points to 98.0, exceeding expectations and marking the largest monthly gain in four years. Driven by optimism over a U.S.-China trade truce and delayed EU tariffs, this surge ended a five-month decline, signaling potential for increased spending and … Read more
Fed’s John Williams Stresses Independence as Trump Moves to Fire Lisa Cook New York, August 27, 2025 – New York Federal Reserve President John Williams emphasized the critical importance of central bank independence in a CNBC “Squawk Box” interview on Wednesday, amid President Donald Trump’s unprecedented attempt to remove Federal Reserve Governor Lisa Cook from … Read more
Trunk Tools Uses AI to Reduce Construction Errors and Waste New York, August 2, 2025 — In an industry plagued by inefficiencies costing nearly $1 trillion annually, Trunk Tools, a New York-based startup, is leveraging artificial intelligence (AI) to revolutionize construction project management. Founded by Dr. Sarah Buchner, a former carpenter turned civil engineering Ph.D., … Read more
DOGE financial savings – U.S. President Donald Trump speaks subsequent to Elon Musk and X Æ A-12, Musk’s son, throughout the Oval Office of the White House in Washington, D.C., U.S., February 11, 2025. Elon Musk on Tuesday talked about he’ll contact base with President Donald Trump on a proposal to ship Individuals tax refund checks … Read more
Washington, D.C. – March 16, 2025Treasury Secretary Scott Bessent delivered an optimistic assessment of the Trump administration’s economic strategy during an appearance on NBC’s Meet the Press today, asserting that decisive policy shifts are preventing an impending financial crisis. Bessent, a seasoned economist and hedge fund veteran, credited the administration’s focus on sustainable fiscal policies … Read more
Shoppers spent at a slower than anticipated tempo in February, although underlying readings indicated that gross sales nonetheless grew at a strong tempo regardless of worries over an financial slowdown and rising inflation. Retail gross sales elevated 0.2% on the month, higher than the downwardly revised decline of 1.2% the prior month however under the … Read more