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
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
Federal Trade Court Upholds Trump’s Tariffs on De Minimis Shipments, For Now Washington, D.C. – July 29, 2025 – A federal trade court has declined to issue a preliminary injunction to block President Donald Trump’s executive order ending the de minimis tariff exemption for low-value packages shipped to the United States, according to a ruling … Read more
Trump Organization Sues Amazon, Walmart, eBay Sellers Over Counterfeit Merchandise Miami, July 29, 2025 – The Trump Organization has filed a lawsuit against unnamed online merchants selling on Amazon, Walmart, and eBay, accusing them of peddling counterfeit merchandise bearing Trump trademarks. The suit, filed on July 25, 2025, in the U.S. District Court in Florida, … 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
Crunch Time for Trade Talks as Trump Deadline Nears Washington, D.C. – July 27, 2025 – As the August 1 deadline for President Donald Trump’s trade negotiations looms, global markets and foreign governments are bracing for the reimposition of steep tariffs on dozens of countries. Initially announced on April 2, 2025, as part of Trump’s … Read more
European Commission President Ursula von der Leyen will meet U.S. President Donald Trump in Scotland on Sunday, July 27, 2025, to negotiate a trade deal and avoid a transatlantic trade war. The talks aim to secure a framework agreement before an August 1 deadline, when Trump has threatened to impose a 30% tariff on EU … 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
Ghislaine Maxwell Meets with DOJ Officials in Ongoing Jeffrey Epstein Investigation Washington, D.C. – Ghislaine Maxwell, the convicted associate of late financier Jeffrey Epstein, recently met with officials from the U.S. Department of Justice (DOJ) as part of the ongoing investigation into Epstein’s sex trafficking network, according to sources familiar with the matter. Maxwell, 62, … Read more