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The U.S. Secretary of Commerce, Howard Lutnick, seemed surprised on Friday when he found out about the recent Federal Reserve estimates indicating that the U.S. economy had contracted in the first quarter. "Hold on, hold on, repeat that. What? A what?" Lutnick interjected. FOX Business’ Maria Bartiromo following her review of the Federal Reserve Bank of Atlanta’s projection indicating that the gross domestic product (GDP) likely will shrink during the initial quarter. “A contraction?” he went on. “Alright… at this moment, that sounds absurd.” COMMERCE SECRETARY HOWARD LUTNICK SUPPORTS TRUMP'S STRATEGY ON TARIFFS DESPITE RECESSED-ECONOMY CONCERNS Lutnick mentioned that he has "definitely not" had any conversation with Atlanta Fed President Raphael Bostic regarding the issue. The Atlanta Federal Reserve’s GDPNow model, utilized for estimating real-time GDP growth According to the available economic information,...

KYIV (https://5.180.24.3/) – Ukrainian President Volodymyr Zelensky stated on Friday that he believed there was a significant opportunity to conclude the conflict with Russia following Ukraine’s acceptance of a U.S.-proposed temporary truce lasting approximately one month. However, Russia indicated they would concur but under specific stipulations. "At present, we have a strong opportunity to bring this war to an early conclusion and establish peace. We have robust security agreements with our European allies," Zelenskiy stated on X. “We are now nearing the initial stage of ceasing all wars—silence,” he stated, alluding to a ceasefire. Addressing journalists, Zelenskiy called upon the U.S. and allied nations to exert pressure on Moscow, reaffirming his conviction that Russian President Vladimir Putin will prolong ceasing fire for as long as he can. "Should the United States show a robust reaction, they won’t permit them to act with impunity. As for Russia,...

The Log Lady was a cherished character in "Twin Peaks," but Catherine Coulson was far more than just that role. She became a fan favorite known for engaging with series devotees and contributing to the show’s mythology. Additionally, she had a long-standing career as an actor at Ashland's Oregon Shakespeare Festival and worked as a camera assistant for directors like David Lynch, John Cassavetes, and Albert Brooks. Richard Green, the director of "I Know Catherine, The Log Lady," notes that Coulson managed to make "everyone who was close to her feel as though they were her closest confidant." This feature-length documentary will be shown at Ojai’s Playhouse Theatre on Saturday, followed by a Q&A session with Mark Frost, one of the creators of "Twin Peaks." Many of those friends played roles in producing the documentary, which concludes with the intense narrative of Coulson’s final days. As Lynch and her team hurriedly wor...

Lately, the state of the economy has been a prominent issue, but certainly not in an encouraging manner. CNN poll Published on Wednesday, the findings indicate that 56% of Americans disapprove of Trump's handling of matters since he returned to office. And if you ask Mark Cuban , he'd probably agree. On March 2, Cuban used social media platforms to raise concerns about a significant economic risk: extensive reductions in the federal budget along with the consequences of rapid governmental downsizing. He emphasized that this method of implementing cuts—a process he described as a "Ready, Fire, Aim" strategy—has the potential to destabilize the economy dramatically. Don't Miss: This battery spinning at 12,000 RPM with over $100 million in letters of intent could be the key component for sustainable energy—here’s why early investors are rushing to invest before funding ends. BlackRock refers to 2025 as the year of altern...

Tesla is cautioning that both itself and other American exporters might face retaliatory tariffs under the current presidency. Donald Trump imposes tariffs on U.S. trade counterparts. In a letter addressed to U.S. Trade Representative Jamie Greer earlier this week, Tesla expressed support for an extensive and detailed procedure aimed at collecting necessary data. This approach ensures effective measures against unjust trading activities without unintentionally adversely affecting American businesses. Tesla CEO Elon Musk is a strong supporter of Trump and was appointed by him to head the Department of Government Efficiency (DOGE). The firm’s worries mirror those expressed by other American exporting companies during the escalating trade conflict. As a U.S. maker and seller of products, Tesla supports the USTR in evaluating the subsequent effects of measures aimed at tackling unjust trading behaviors, according to their statement. TRUMP STATES T...

The CEO of Dollar General has acknowledged that the company does not expect improvements for its main customer base in 2025, as stated against the backdrop of presidential leadership. Donald Trump's continuous international trade conflicts . Todd Vasos mentioned on Thursday that numerous customers at the store expressed that " their financial situation has worsened over the last year as they have been negatively impacted by ongoing inflation .” Vasos mentioned that numerous customers express having funds solely for essential items, with some mentioning they've been compelled to cut back even on these basics. per Business Insider. It comes as Trump insists on continuing his fight against trade disputes with foreign allies such as Canada and the European Union It has also been proposed that the U.S. economy might be contracting and could potentially head towards a recession. On Friday however, Commerce Secretary Howard Lutnick dismissed the ...

The Department of Government Efficiency (DOGE) now asserts that their waste-reduction strategies have resulted in an impressive savings of $115 billion. The organization, assigned with reducing waste, fraud, and abuse, and corruption In the federal government, they have revised their numbers to highlight the substantial amount derived from terminating contract leases, halting fraudulent or incorrect payments, and rescinding grants. The Elon Musk -the led organization has likewise reduced staff numbers and altered multiple initiatives. DOGE stated that the projected savings of approximately $115 billion would equate to an average saving of $714.29 for each taxpayer. This figure is derived from the 2022 data which includes 161 million individuals who filed personal income taxes. EPA CANCELS BIDEN ADMINISTRATION'S ENVIRONMENTAL GRANTS TOTALING $20B, ACCORDING TO ZELDIN In the most recent tax year of 2023, as reported by the IRS, th...