Trump News

Producers and manufacturers are paying more for the materials they need, and those higher costs could soon be shouldered by American consumers.

The latest Producer Price Index showed the wholesale prices increased 0.9 percent from June, raising the annual rate to 3.3 percent, showing that inflation was creeping back up as costs rise due to President Donald Trump's trade war and mass deportations.

Donald Trump’s choices to honored by the John F. Kennedy Center for the Performing Arts is presenting a dilemma for his critics, with CNN analyst Stephen Collinson calling it a trap that the president and his supporters will use against them.

As part of his “anti-woke” campaign against the venerable cultural institution, which has been reeling since he took over as chair and appointed a swath of his allies to the board, Trump hyped up his choices to be feted at the annual gala later this year and unveiled the names on Wednesday. The recipients include “Rocky” actor Sylvester Stallone, singer Gloria Gaynor from the long past disco era, Broadway actor Michael Crawford, country artist George Strait and rock band KISS.

President Donald Trump’s pick to lead the Bureau of Labor Statistics, E.J. Antoni, is getting hit by critics across the political spectrum, including a number of prominent conservative economists who say the new Labor chief is “utterly unqualified.”

“He has either shown a complete misunderstanding of economic data and principles, or he’s showing a willingness to treat his audience with contempt and mislead them,” said Kyle Pomerleau, a senior fellow at the American Enterprise Institute, speaking with The New York Times.

Businesses are paying more for the products they need, according to a new government report, and those costs could soon make their way downstream to American consumers.

The latest Producer Price Index shows producers and manufacturers paid 0.9 percent more last month compared to June, raising the annual rate to 3.3 percent, according to Bureau of Labor Statistics data, and stock futures dipped after the numbers were released, reported CNN.

Michael Cohen, who served as President Donald Trump’s attorney from 2016 to 2018, issued a call to action Thursday, along with a dire warning that the 2026 midterms were “the only real chance” at avoiding a “permanent one-party rule” under the GOP.

“If we don’t flip enough seats in the 2026 midterms, we lose our only remaining defense: our tripartite system of government,” Cohen wrote Thursday on the online publishing platform Substack.

With the accusation, “Never mind if patients die in the interim,” the editorial board of the conservative Wall Street Journal expressed frustration at how the Food and Drug Administration (FDA) is being run by Commissioner Marty Makary.

In a harsh editorial late Wednesday, the editors noted that, under Makary’s watch, approval of drugs has slowed considerably and unreasonably in the past few months as Makary has asserted himself after being appointed by Donald Trump.

With his approval numbers already underwater, the success of Donald Trump’s second term could hinge on how well he deals with Russian President Vladimir Putin at their upcoming summit in Alaska on Friday.

Should the president not forcefully get Russia to pull back from occupied portions of Ukraine and instead concede territory, it could haunt his presidency.