On June 27, 2025, U.S. District Judge Wendy Beetlestone in Philadelphia rejected President Donald Trump’s motion to dismiss a defamation lawsuit filed by the Exonerated Five, formerly known as the Central Park Five, marking another setback for Trump’s legal efforts. The lawsuit, filed by Yusef Salaam, Raymond Santana, Kevin Richardson, Antron McCray, and Korey Wise, … Read more
Washington, D.C. – May 2, 2025 – The U.S. Labor Department’s April 2025 jobs report, released on Friday, revealed that the economy added 177,000 nonfarm payroll jobs, surpassing economists’ expectations of 133,000. The unemployment rate remained steady at 4.2%, signaling a resilient labor market despite economic uncertainties driven by President Donald Trump’s tariff policies and … Read more
Lisa Cook’s Lawsuit Against Trump Skirts Mortgage Fraud Allegation Federal Reserve Governor Lisa D. Cook, the first Black woman to serve on the Fed’s Board of Governors, is preparing to file a lawsuit challenging President Donald Trump’s August 25, 2025, attempt to remove her from her position, citing unproven allegations of mortgage fraud. The lawsuit, … Read more
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
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
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
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