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
Fed Governors Bowman and Waller Dissent, Warn Delaying Rate Cuts Risks Economic Harm Washington, D.C. – August 1, 2025 In a rare break from consensus, Federal Reserve Governors Christopher Waller and Michelle Bowman dissented against the Federal Open Market Committee’s (FOMC) decision to maintain the federal funds rate at 4.25%-4.50% during its July 30-31 meeting, … Read more
The Federal Reserve is widely expected to maintain its benchmark interest rate at 4.25%–4.50% during its July 30, 2025, meeting, with no rate cut anticipated, according to multiple sources. Despite pressure from President Donald Trump for lower borrowing costs, economists and market indicators, such as the CME FedWatch tool, suggest only a 4%–5% chance of … Read more
U.S. Economy Grows at 3% in Q2 2025 Despite Tariff Headwinds Washington, July 30, 2025 – The U.S. economy expanded at a robust 3% annualized rate in the second quarter of 2025, surpassing economists’ expectations of 2.6%, according to the Commerce Department’s initial GDP estimate. This growth marks a significant rebound from the first quarter’s … Read more
Trump Demands ‘Good Enough’ EU Trade Deal Before August 1, Says Cantor Fitzgerald CEO Lutnick New York – Former President Donald Trump is pushing for a preliminary trade agreement with the European Union before August 1, according to Howard Lutnick, CEO of Cantor Fitzgerald. The financial services executive, who has advised Trump on economic matters, … 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
By Emma Larson, Actual Property Analyst | Printed: July 17, 2025 In a turbulent U.S. housing market marked by excessive mortgage charges and low stock, discovering stability is vital for homebuyers and sellers. In keeping with CNBC’s 2025 America’s Prime States for Enterprise research, sure states stand out for his or her balanced housing markets, … Read more
The extremely anticipated June inflation report, set for launch Tuesday morning, is anticipated to offer the clearest proof but of how President Trump’s current tariff insurance policies are affecting shopper costs. Economists will scrutinize the info for indicators that new tariffs on Chinese language items, metal, aluminum and different imports are pushing costs greater … Read more
Trump Tariffs Not Fueling Inflation Attributable to ‘Patriotism’ Shopping for, Says White Home Advisor Hassett Washington, D.C. – On July 14, 2025, White Home Nationwide Financial Council Director Kevin Hassett attributed the dearth of widespread inflation from President Donald Trump’s current tariff insurance policies to elevated demand for American-made merchandise, pushed by what he referred … Read more
On July 12, 2025, President Donald Trump announced via letters posted on Truth Social that the United States would impose a 30% tariff on goods from the European Union and Mexico starting August 1, 2025, escalating trade tensions with two of America’s largest trading partners. The move, aimed at addressing the U.S. trade deficit and … Read more