Texas County Flagged Need for Flood Alarm Months Before Tragedy
Kerr County repeatedly failed to secure a warning system, even as local officials remained aware of the risks and as billions of dollars were available for similar projects.
Trump Nominates Nick Adams, ‘Alpha Male’ Influencer, for Ambassador to Malaysia
Nick Adams rose to prominence with a hypermasculine identity and crass jokes about Hooters. President Trump named him ambassador to a country of 35 million people.
In South Carolina, Newsom Tests the Presidential Waters (Without Saying So)
Gov. Gavin Newsom of California met with Democratic voters in an early primary state that has become pivotal in presidential races.
Trump Threatens 35 Percent Tariffs on Canada in the Middle of Trade Talks
The president revived his discredited claims about fentanyl entering the U.S. from Canada to justify his latest proposed rate of 35 percent.
Watch: Smoke billows from luxury yacht fire in St Tropez
People watch on as a blaze rips through the deck of a yacht moored in the French Riviera.
Judge blocks Trump’s birthright order after Supreme Court ruling
The White House vowed to fight the judge’s ruling, which once again paused a priority for Trump.
Asia is reeling from Trump’s tariff salvo – is anyone winning?
The US president has reset the tariffs clock again, leaving Asia’s export-driven economies in limbo.
June Alternative Indicators Down from Peak
Civilian employment adjusted to NFP concept, manufacturing production, real retail sales, ADP’s private NFP, and BTS freight services index. The sole exception is the Philadelphia Fed coincident index, based on labor indicators. Figure 1: Implied Nonfarm Payroll early benchmark (NFP) (bold blue), civilian employment adjusted smoothed population controls adjusted to NFP concept (orange), manufacturing production (red), private NFP (ADP) (light green), real retail sales (black), vehicle miles traveled (brown), and coincident index in Ch.2017$ (pink), GDO (teal bars), all log normalized to 2021M11=0. Source: Philadelphia Fed [1], Philadelphia Fed [2], Census, ADP, Federal Reserve, BTS via FRED, BLS, BEA 2025Q1 third release, and author’s calculations. Note that every NBER BCDC indicator for May is down — including SPGMI’s monthly GDP, as shown in this post.
Trump threatens new tariffs on Canada
US president warns of imminent EU trade announcement and higher global rates for other nations