Trump’s Tariff Push Sparks Inflation Warnings: Economists See Price Surge Ahead As former President Donald Trump steps up his attacks on Goldman Sachs CEO David Solomon, accusing him of downplaying the economic risks of global trade, a growing chorus of economists is warning that Trump’s proposed massive tariff hikes could trigger a new wave of … Read more
Kanye West and King Combs Drop ‘Never Stop’ EP in Support of Diddy Amid Legal Battle New York City, June 27, 2025 — Kanye West, now known as Ye, and Christian “King” Combs, son of embattled music mogul Sean “Diddy” Combs, released a surprise seven-track EP titled Never Stop on June 26, 2025, a bold … Read more
Cardi B Sparks Debate with Claim That Phones Are Listening and Reading Minds Los Angeles, CA – August 30, 2025, Grammy-winning rapper Cardi B ignited a social media firestorm with a provocative claim that smartphones are not only listening to users but may also be reading their minds. In a post on X on August … Read more
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
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
Contentious July Jobs Report Signals Sharp Slowdown in U.S. Economy August 5, 2025 – The U.S. economy added just 73,000 jobs in July 2025, far below the Dow Jones consensus estimate of 100,000, according to the Bureau of Labor Statistics (BLS). The report, released on August 1, also included dramatic downward revisions for May and … 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
Rapper NBA YoungBoy, whose real name is Kentrell Gaulden, announced on his new album “Make America Slime Again” that he is expecting his 13th child, his third with his wife, Jazlyn Mychelle. The announcement came through the track “If You Need Me,” where he references their growing family. This follows reports from July 2025 indicating … 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