Easing inflation gauge reveals lower-than-expected price growth

Friday, May 30, 2025, 8:21 am

Two separate reports indicate that the U.S. inflation rate eased in April, with the Personal Consumption Expenditures index showing a slightly lower-than-forecast reading. Analysts suggest these moderated numbers could influence future Fed policy decisions amid ongoing inflation concerns.

foxbusiness.com / Fed's favored inflation gauge shows consumer prices eased in April

nypost.com / Fed’s preferred inflation gauge cools to lowest level since September — calming rattled markets

cnbc.com / Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

cbsnews.com / Inflation cools in April, according to Fed's preferred gauge

cbsnews.com / Key U.S inflation gauge shows price growth cooled in April

cbsnews.com / New data shows slight improvements in consumer sentiment, inflation

bloomberg.com / US Consumer Spending Growth Slows While Inflation Remains Soft - Bloomberg.com

permalink / 7 stories from sources in 33 hours ago #fiscal-policy #market #treasury #inflation

Fed Chair Powell Meets Trump at the White House

Thursday, May 29, 2025, 1:21 pm

Fed Chair Jerome Powell met with President Trump at the White House where the discussion centered on economic growth, employment, and inflation with Powell stressing that rate decisions would be driven by non‐political analysis. Even central bank meetings now come with a dash of unexpected drama.

Bluesky: @cramer-1.bsky.social, @jimrissmiller.bsky.social, @rosesbloom24.bsky.social

theepochtimes.com / Fed’s Powell Says Interest Rate Decisions Will Be ‘Non-Political’ in Meeting With Trump

foxbusiness.com / Fed Chair Powell meets with Trump at the White House

nypost.com / Trump summons Federal Reserve chair to demand interest rate cut

cnbc.com / Fed Chair Powell told Trump in Thursday meeting that rate decisions would be based on 'non-political' analysis

cbsnews.com / Fed chair Jerome Powell meets with Trump at White House

bloomberg.com / Fed Says Powell and Trump Met at White House to Discuss Economy - Bloomberg

permalink / 6 stories from sources in 2 days ago #trump #fiscal-policy #a-high-profile-individual #federal-courts

Cuomo’s Sudden Flip: Backing a $20 NYC Minimum Wage

Wednesday, May 28, 2025, 7:37 pm

In an unexpected political pivot during the mayoral race, former Gov. Cuomo now champions a $20 minimum wage for New York City if elected mayor—a stance that has left pundits both bemused and impressed. This new proposal, amid a sea of campaign promises, promises to reshape debates about wage policy in the city.

foxnews.com / Cuomo says he'll raise NYC's minimum wage to $20 an hour if elected mayor

nypost.com / Cuomo flip flops again with lefty $20 minimum wage proposal for NYC — after shooting it down as gov

permalink / 2 stories from sources in 2 days ago #2024election #fiscal-policy #politics #a-high-profile-individual

White House Pushes $9.4B DOGE Cuts Bill to Congress

Wednesday, May 28, 2025, 12:23 pm

In a fiscal maneuver that blends policy with pop-culture flair, the Trump administration is urging Congress to approve a $9.4 billion rescissions package—dubbed the “DOGE cuts.” This move, part of a broader spending overhaul, has ignited online buzz and political wryness as lawmakers face the challenge head on.

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foxnews.com / White House sending $9.4B DOGE cuts package to Congress next week

nypost.com / Speaker Johnson lays out game plan to make DOGE cuts law of the land after conservative frenzy

politico.com / White House plans — at last — to send some DOGE cuts to Hill

axios.com / Trump asking Congress to help with $9.4 billion in DOGE cuts

permalink / 4 stories from sources in 3 days ago #biden #fiscal-policy #doge #congress

White House terminates state unemployment system grants

Wednesday, May 28, 2025, 11:22 am

The White House is axing approximately $400 million in federal grants aimed at modernizing state unemployment systems. Critics warn that this move leaves states scrambling with outdated systems, while supporters call it a necessary correction in spending priorities.

axios.com / White House cuts $400 million in aid for state unemployment systems

alternet.org / States left 'holding the bag' as White House terminates grants

permalink / 2 stories from sources in 3 days ago #democrats #biden #fiscal-policy #legal

Elon Musk Slams Trump Spending Bill for Hurting DOGE Work

Wednesday, May 28, 2025, 9:21 am

Elon Musk did not hold back as he criticized President Trump’s new spending bill, asserting that it undermines the progress of DOGE-related initiatives. The billionaire’s comments blend tech bravado with political ire, highlighting a rare moment when crypto zeal meets fiscal policy drama.

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theepochtimes.com / Trump, Johnson Respond to Elon Musk Objecting to ‘Big, Beautiful Bill’

cnbc.com / Elon Musk says Trump's spending bill undermines the work DOGE has been doing

cbsnews.com / Elon Musk criticizes President Trump's budget bill, saying it undermines DOGE work

permalink / 3 stories from sources in 3 days ago #trump #musk #fiscal-policy #doge

Trump pushes Fannie Mae public plan amid policy flip-flop

Tuesday, May 27, 2025, 10:21 pm

President Trump is stirring the financial pot by advocating for Fannie Mae to keep its U.S. guarantee as a public firm, a move that rekindles heated debates about mortgage giants and government involvement in the market. The plan has drawn skeptical glances from experts used to more conventional solutions.

theepochtimes.com / US Will Maintain Implicit Guarantees for Fannie Mae, Freddie Mac: Trump

cbsnews.com / What to know about Trump's push to bring Fannie Mae and Freddie Mac public

bloomberg.com / Trump Says Fannie Mae to Keep US Guarantee as Public Firm - Bloomberg.com

permalink / 3 stories from sources in 3 days ago #trump #fiscal-policy #politics #market

NPR Sues Trump Over Aggressive Funding Cut Order

Tuesday, May 27, 2025, 9:23 am

NPR has taken legal action against the Trump administration after an executive order abruptly slashed federal funding for public media. The lawsuit challenges the sudden defunding of NPR and PBS, fueling debates about government interference and press freedom—because nothing says “freedom” like a courtroom showdown.

foxnews.com / PBS disputes Trump’s claims of ‘bias’ following his executive order targeting the network

foxnews.com / NPR sues Trump White House over executive order targeting public media

theepochtimes.com / NPR Sues Trump Over Order Cutting Federal Funding

thefp.com / NPR and PBS Aren’t Entitled to Your Tax Dollars

oann.com / NPR sues Trump over his executive order cutting public media federal funding: ‘It violates the First Amendment’

cnbc.com / NPR sues Trump over executive order cutting federal funding

go.com / NPR sues Trump administration over executive order to cut funding to public media

cbsnews.com / Analyzing NPR's lawsuit over Trump administration's efforts to cut funding

cbsnews.com / NPR sues Trump over executive order slashing funding

cnn.com / NPR sues Trump over executive order to cut funding - CNN

alternet.org / 'Who he really cares about': Analyst reveals motive behind Trump's attacks on institutions

alternet.org / 'A clear violation of the Constitution': NPR sues Trump

permalink / 12 stories from sources in 4 days ago #trump #mediabias #fiscal-policy #legal

China’s Industrial Profits Rise Unexpectedly Amid Tariff and Deflation Pressures

Monday, May 26, 2025, 10:21 pm

Major industrial firms in China posted a 3% rise in cumulative profits in April, defying expectations even as U.S. tariffs and deflationary concerns loom large. The upbeat performance highlights surprising economic resilience despite persistent external pressures.

cnbc.com / China's industrial profits rise 3% in April after output beat estimates despite U.S. tariffs

bloomberg.com / China’s Industrial Profit Growth Picks Up in Sign of Resilience - Bloomberg.com

permalink / 2 stories from sources in 4 days ago #innovation #fiscal-policy #trade #china

Trump floats Harvard grant reallocation to trade schools

Monday, May 26, 2025, 10:21 am

In a bold move that has stirred up political controversy, President Trump hinted at reallocating billions in federal grant money from Harvard University to trade schools. The proposal has raised eyebrows over its potential implications for higher education funding and sparked immediate debates on priorities.

theepochtimes.com / Trump May Redirect $3 Billion Harvard Grants to Trade Schools, Considers More Sanctions on Russia | Capitol Report

theepochtimes.com / Trump Considers Pulling $3 Billion in Grants From Harvard University

theepochtimes.com / Trump Suggests Shifting $3 Billion in Harvard Funds to Trade Schools

cnbc.com / Trump considers redirecting $3 billion in Harvard grants to U.S. trade schools

go.com / Trump admin live updates: Trump floats taking $3B from Harvard for trade schools

axios.com / Trump threatens to move $3 billion in federal grants from Harvard to trade schools

cbsnews.com / Trump weighs redistributing Harvard money to trade schools

cbsnews.com / Trump marks Memorial Day after saying he's considering taking grant money away from Harvard

cbsnews.com / Trump says he may shift $3 billion in Harvard grants to trade schools

bloomberg.com / Trump Threatens to Steer Harvard Grant Money to Trade Schools - Bloomberg

cnn.com / Trump accuses Harvard of ‘judge shopping’ and threatens to send $3 billion in federal grants to trade schools - CNN

alternet.org / 'Paper tiger': Harvard law professor pokes massive hole in 'tyrant' Trump's attacks

permalink / 13 stories from sources in 5 days ago #trump #fiscal-policy #harvard #trade-schools

Tag / #fiscal-policy

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