Powell stands by ‘wait and see’ stance with Trump ramping up attacks on the Federal Reserve

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump’s tariffs effect the
Ford Foundation selects Yale dean and democracy scholar Heather Gerken to succeed Darren Walker

NEW YORK (AP) — The Ford Foundation has settled on its next leader. Yale Law School Dean Heather Gerken will succeed Darren Walker as the president of one of the largest U.S. charitable organizations, the Ford Foundation
US job openings in May hit 7.8 million in a continuing display of labor market resilience

WASHINGTON (AP) — U.S. job openings rose unexpectedly in May, a sign that the American labor market remains resilien t in the face of high borrowing costs and uncertainty over U.S. economic policy. U.S. employers posted 7.8
Musk proposes a new political party, Trump suggests DOGE ‘might have to go back and eat Elon’

Elon Musk’s feud with President Donald Trump — and seemingly any congressional Republicans who support the president’s massive tax cuts and spending package — has reignited, with the tech billionaire threatening to launch a new political party,
War of words over big bill intensifies between Musk, Trump

The war of words between billionaire Elon Musk and President Donald Trump over the big bill of tax breaks and spending cuts is heating up again, with Musk claiming he may form a new political party and
The Latest: Senate votes on Trump’s big bill stretches through the night

The Senate slogged through a tense overnight session that has now dragged into Tuesday morning, with Republican leaders searching for ways to secure support for President Donald Trump’s big bill of tax breaks and spending cuts while
Lululemon files lawsuit against Costco, claims company is selling ‘dupes’ of some of its products

Lululemon has filed a lawsuit against Costco that accuses the wholesale club operator of selling lower-priced duplicates of some of its popular athleisure clothing. Lululemon Athletica claims in its lawsuit filed in the U.S. District Court for
Second Democrat announces campaign to unseat GOP congressman in competitive Michigan district

LANSING, Mich. (AP) — A second Democrat is seeking to flip one of Michigan’s most competitive U.S. House districts as the party seeks to reclaim a majority in the 2026 midterms. Maat Maasdam, a former Navy SEAL,
Nick Reed’s Must Read Headlines – 07.01.25

Fireworks: Last week, we had a story from Ozarks First about tariffs and fireworks. The reporters went out and asked local retailers, finding that tariffs wouldn’t impact the price of fireworks because they buy their fireworks months
Wisconsin’s Democratic governor reaches budget deal with Republicans to cut taxes, fund university

MADISON, Wis. (AP) — Wisconsin Democratic Gov. Tony Evers and Republicans who control the state Legislature announced a deal Tuesday on a new two-year budget that cuts income taxes, increases funding for the Universities of Wisconsin despite