The Trump administration expands its crackdown on undocumented immigrants’ access to federal benefits.
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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.
The Papers: ‘One in, one doubt’ and ‘sick note’ crackdown
Reaction to the UK-France agreement tackling migrant Channel crossings dominates the front pages.
Is there a secret formula for election-winning slogans?
Political strategist Chris Bruni-Lowe claims in a new book that eight words hold the key to electoral success.
Trainspotting’s Irvine Welsh: We’ve become ‘dumbed down machines’
Author Irvine Welsh has written a sequel called Men in Love, because the world is “so full of hate”.