Business

Trump demands Powell cut rates as Iran conflict drives up energy prices

In what has become a now-familiar refrain, President Donald Trump on Thursday pressed Federal Reserve Chair Jerome Powell to cut interest rates immediately, rather than wait for the next policy meeting. “Where is the Federal Reserve Chairman, Jerome “Too Late” Powell, today? He should be dropping Interest Rates, IMMEDIATELY, not…

LARRY KUDLOW: Is John F. Kennedy having a comeback?

So let me get this right. After every Democrat in the House and Senate who voted against One, Big, Beautiful Bill — and therefore promoted a roughly $5 trillion tax hike — now a couple of presidential wannabees, like Senators Cory Booker and Chris Van Hollen, are surfacing plans that…

‘Zombie mall’ to be razed for apartments as retail apocalypse drags on

A long-stalled plan to redevelop a deteriorating New Jersey shopping center is once again before local officials. The Raritan Borough Planning Board recently reviewed a new site plan application for “Raritan Lofts.” The proposal calls for a five-story, mixed-use building that would replace much of the largely vacant Raritan Mall…

Classic brand becoming a status symbol in Trump’s White House

President Donald Trump has reportedly been gifting Florsheim dress shoes to top administration officials, turning the 134-year-old brand into an unexpected status symbol inside the White House. Trump has surprised some Cabinet members, White House advisors and members of Congress with the shoes – sometimes even guessing their sizes and…

Washington lawmakers pass 9.9% “millionaires tax”

Washington state lawmakers on Wednesday passed a so-called “millionaires tax,” a move criticism said could lead to an exodus of high-income earners. The State Senate passed the measure with a day left in the 2026 legislative session, following a hotly contested 24-hour marathon in the State House. The bill would impose…