Podcasts about commerce department

Brownfield's Meghan Grebner and Mississippi State University's Josh Maples look at live steer prices, jobs, and GDP in this episode of the Weekly Livestock Market Update.Market highlights:Live steer prices averaged $221.94/cwt for the 5-market average which was up $5.62 from a week ago. The June live cattle futures contract was up $3.18 from a week ago to $211.43/cwt, and the May feeder cattle futures price was up $4.36 per cwt on the week to $294.88. Choice box beef was at $344.48 at the end of this week, which is up $11 from last week. Cash hogs were up $1.62 to $88.21/cwt. February lean hog futures were up 15 cents to $92.95/cwt on the week. The pork cutout value was up $3.39 from a week ago, to $99.42/cwt this week. Weekly Slaughter:At the end of the week, cattle slaughter was 559,000 head, up 4,000 head from last week, and down 62,000 head from the same week last year. Hog slaughter was 2.49 million head, up 2 percent or 56,000 from the previous week and up 83,000 head (3 percent) compared to year ago. Cattle Prices:The 5-area live cattle price hit $221.94 on Friday, a record high. This week had 3 of the highest daily price averages on record. 500-600 pound steers in Oklahoma City averaged $365 per cwt this week. 700-800 pound steers were at $286. These are really strong prices for cattle amid really tight supplies. Jobs Report and Quarterly GDP:The latest job report showed nonfarm employment increased by 177,000 jobs during April. This was lower than in March but higher than was expected pre-report. The unemployment rate remained at 4.2 percent and the labor-force participation rate was 62.6 percent. This report represents data collected during April. The Commerce Department released their initial GDP estimate for the first quarter last week. The report showed an estimated decline in gross domestic product (GDP) declined 0.3 percent during the first 3 months of 2025. This is the lowest quarterly rate since early 2022 and was below pre-report estimates. GDP is the total value of products and services. Importantly, imports are subtracted from GDP. Imports of products were very high in the first quarter of 2025, an increase of 41.3 percent, as consumers, distributors, etc., tried to get purchases in ahead of the tariffs being implemented. The subtraction of these large levels of imports was the primary contributor to the low GDP number. Consumer spending declined from the 4th quarter of 2024 but was still relatively strong. Next Week's Reports:ERA Monthly Trade DataConnect with Brownfield Ag News:» Get the latest ag news: https://www.brownfieldagnews.com/» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews» Follow Brownfield on X (Twitter): https://x.com/brownfield» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNewsAbout Brownfield Ag News:Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jason Kander and Ravi Gupta break down the growing fears of a recession as Trump's first 100 days in office coincide with the U.S. economy contracting for the first time in years. They analyze the Commerce Department's latest report showing a 0.3% drop in GDP, the role Trump's tariff threats played in driving up imports, and why consumer spending is slowing. Kander and Gupta also discuss Fox News contributor Jessica Tarlov's viral moment, Trump's muddled messaging on the economy, and the chaotic Amazon tariff talks. Plus, they dissect Trump's bizarre interview on immigration, tourism, and Putin, and unpack how a tweet from Trump about annexing Canada after Trudeau's resignation fueled a political shift north of the border. This and more on the podcast that helps you, the majority of Americans who believe in progress, convince your conservative friends and family to join us—this is Majority 54! HIMS: Hims: Thanks to HIMS! Start your free online visit today at https://hims.com/majority for your personalized ED treatment options SHOPIFY: Shopify: Sign up for your one-dollar-per-month trial and start selling today at https://SHOPIFY.com/majority INCGONI: Take your personal data back with Incogni! Get 60% off an annual plan at https://incogni.com/majority54 and use code MAJORITY54 at checkout. FATTY 15: Fatty15 is on a mission to optimize your C15 levels to help you live healthier, longer. You can get an additional 15% off their 90-day subscription Starter Kit by going to https://fatty15.com/MAJORITY and using code MAJORITY at checkout. Majority 54 is a MeidasTouch Network production. Theme music provided by Kemet Coleman. Special thanks to Diana Kander. Majority 54 on Twitter: https://twitter.com/majority54 Jason on Twitter: https://twitter.com/JasonKander Jason on Instagram: https://www.instagram.com/jasonkander/ Ravi on Twitter: https://twitter.com/RaviMGupta Ravi on Instagram: https://www.instagram.com/ravimgupta Ravi on Youtube: https://www.youtube.com/@LostDebate Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two years, new data showed Wednesday. Consumer spending leapt 0.7% from February, according to a Commerce Department report that showed Americans shelled out last month for durable goods, particularly automobiles. Learn more about your ad choices. Visit podcastchoices.com/adchoices

On Wednesday, the President reacted to news that U.S. economic growth slowed in the first quarter of this year, according to the Commerce Department. The data shows the U.S. economy contracted over the course of a few months, with Q1 gross domestic product (GDP) shrinking by 0.3 percent. FOX Business' The Big Money Show co-anchor Taylor Riggs says while this quarter of economic decline is a negative consequence of the President's tariff plans, it is not all bad news for America's economy. Riggs joins the Rundown to explain what falling GDP means, the emphasis on patience with the Trump economic agenda, and the trade deals to come. New York State Governor Kathy Hochul (D-NY) is expected to sign legislation banning cell phone use from "bell-to-bell" starting next school year. New York will join eight states implementing such restrictions on phone use in the classroom. Florida State Representative Demi Busatta (R-Coral Gables) joins to explain how the banning of phones in schools could bring about developmental and educational benefits for students and why she is advocating for tighter phone-use restrictions in the Sunshine State. Plus, commentary from host of FOX Across America and FOX News Saturday Night, Jimmy Failla. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

On Wednesday, the President reacted to news that U.S. economic growth slowed in the first quarter of this year, according to the Commerce Department. The data shows the U.S. economy contracted over the course of a few months, with Q1 gross domestic product (GDP) shrinking by 0.3 percent. FOX Business' The Big Money Show co-anchor Taylor Riggs says while this quarter of economic decline is a negative consequence of the President's tariff plans, it is not all bad news for America's economy. Riggs joins the Rundown to explain what falling GDP means, the emphasis on patience with the Trump economic agenda, and the trade deals to come. New York State Governor Kathy Hochul (D-NY) is expected to sign legislation banning cell phone use from "bell-to-bell" starting next school year. New York will join eight states implementing such restrictions on phone use in the classroom. Florida State Representative Demi Busatta (R-Coral Gables) joins to explain how the banning of phones in schools could bring about developmental and educational benefits for students and why she is advocating for tighter phone-use restrictions in the Sunshine State. Plus, commentary from host of FOX Across America and FOX News Saturday Night, Jimmy Failla. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

On Wednesday, the President reacted to news that U.S. economic growth slowed in the first quarter of this year, according to the Commerce Department. The data shows the U.S. economy contracted over the course of a few months, with Q1 gross domestic product (GDP) shrinking by 0.3 percent. FOX Business' The Big Money Show co-anchor Taylor Riggs says while this quarter of economic decline is a negative consequence of the President's tariff plans, it is not all bad news for America's economy. Riggs joins the Rundown to explain what falling GDP means, the emphasis on patience with the Trump economic agenda, and the trade deals to come. New York State Governor Kathy Hochul (D-NY) is expected to sign legislation banning cell phone use from "bell-to-bell" starting next school year. New York will join eight states implementing such restrictions on phone use in the classroom. Florida State Representative Demi Busatta (R-Coral Gables) joins to explain how the banning of phones in schools could bring about developmental and educational benefits for students and why she is advocating for tighter phone-use restrictions in the Sunshine State. Plus, commentary from host of FOX Across America and FOX News Saturday Night, Jimmy Failla. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

The U.S. Commerce Department reported the 1st Quarter Gross Domestic Product (GDP) data; Kevin has the details, digs into the report, offers a historic perspective and his insights. The U.S. Bureau of Economic Analysis released the Personal Consumption Expenditures Index; Kevin reviews the report and explains how this might affect the Federal Reserve interest rate cut decision. ADP reported Private sector job growth; Kevin has all the details and offers his insights. Oil reacts to the economic news, crude oil inventory numbers and geopolitical events.

The Commerce Department reported the U.S. economy contracted by 0.3% in the first quarter of this year. We'll break down the GDP math formula and dig into what the latest report says about where the US economy may be headed. And, should businesses be transparent about the impact of tariffs on prices? A nixed plan from Amazon serves as a cautionary tale of the political risks. Plus, feeling stressed these days? Cow cuddling and bee therapy might help.Here's everything we talked about today:-"Trump blames Biden after GDP shrinks in first quarter, says growth will 'take a while'" from CNBC -"Businesses weigh how much to tell customers about tariffs' impact on price" from Marketplace-"Trump-Bezos call sets stage for tense earnings report from Amazon" from CNBC-"Trump vs. Amazon's Brilliant Tariff Idea" from The Wall Street Journal -"The Americans Fled Vietnam 50 Years Ago. I Visited the Buildings They Left Behind."  from The New York Times"Anxious about the world? Cow cuddling or bee buzzing might help ease your stress" from The Denver PostGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The Spain, Portugal and France blackout caused by green energy. The [CB] will try to force empty shelves and try to convince the people that it's Trump, this will fail. Retailers have been preparing and other nations will fill the gap. The fake news is pushing a recession, the numbers tell another story. Banks will be obsolete. Think Andrew Jackson. The [DS] players are now being held accountable for election interference. This is just the beginning, the narrative will continue until Trump and team shows how they over-through the US Gov and duly elected President in 2020. Trump has the [DS] exactly where he wants them and they are getting weaker and weaker.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/goddeketal/status/1917219854861451569 EU Admits It's Stuck Under US Tech Giants' Thumb  The European Union has admitted that it cannot break free from the dominance of US tech companies, Politico reported on Wednesday, citing the draft of the International Digital Strategy for Europe set to be released in June. Brussels has reportedly admitted that freeing itself from the dominance of US tech companies is unrealistic, and that "cooperation will remain significant across the technological value chain." EU states remain dependent on US tech companies, and US President Donald Trump's stance on Europe has the bloc fearing for its sovereignty in global technologies, including social media and cloud services. Another concern is linked to the ability of US law enforcement bodies to get access to data processed by Amazon, Microsoft and Google, the paper said. The draft of the strategy also signals that the EU has very few fresh ideas that may help Europe become an important player in the global technology field, the paper added. Source: sputnick.com https://twitter.com/SchmittNYC/status/1917224051191304619 BINGO – Longshoreman Union Announce Opposition to President Trump's Tariff Program   “The International Longshore and Warehouse Union (ILWU) unequivocally condemns the recent tariffs that the Trump administration has imposed.” [SOURCE] All these moves are so transparently political, it almost makes you laugh.  However, that said, we are now in a better position to understand exactly how the Democrats and Deep State operatives will weaponize the supply chain along with their union orcs. In the next phase of the anti-Trump tariff agenda, approximately 3 months from now it will begin, we will see/hear a constant drumbeat of empty shelves, missing parts and missing products.  Whether factually true, or whether the shortages are an outcome of a strategy by the ILWA to assist the shortage narrative, the overall objective will be to blame President Trump for everything from shortages of medicine to shortages of parts to fix, repair or maintain consumer products. Source: theconservativetreehouse.com https://twitter.com/KobeissiLetter/status/1917263959108862343 Trump to Sign Executive Order Providing Automakers Tariff Relief President Donald Trump will sign an executive order on Tuesday relaxing some of his 25% tariffs on autos and auto parts. The directive is the result of conversations directly with domestic auto manufacturers, a senior Commerce Department official said on a call with reporters.   The administration will offer automakers that finish their vehicles domestically a 15% offset of the cost of the tariffs. Automakers can choose how to allocate the offset.

The U.S. economy shrunk by 0.3% in the first quarter of 2025 according to the Commerce Department. That's a huge splash of cold water on the Trump administration's celebrations marking his first 100 days in office. In addition to that, Trump gave an interview to ABC News last night where he acknowledges he could bring Kilmar Abrego Garcia back from El Salvador if he wanted to, seemingly flouting the Supreme Court's order to do just that. So what is Chuck Schumer up to? He's put out a video literally clapping back against the administration's planned tax on cars. Great to see he's always on point! Sam is joined by Biden's former Social Security administrator Martin O'Malley, who has been raising the alarm about Republicans' assault on his former agency in a variety of ways. In the Fun Half, Sam look at more clips from Trump's 100 day celebrations, including a chilling moment at a rally in Michigan where Trump plays footage of prisoners in El Salvador's prison are paraded around for the cameras and have their heads shaved. The crowd chants U-S-A in response. Trump also apparently believes that the photoshopped version of Kilmar Abrego Garcia's hands with the letters MS13 imposed on them is a real photograph, and insists as much in his interview with ABC's Terry Moran. Meanwhile, Tim Pool tries to dispel what the right has come to call the "Maryland Man Hoax," which is the way they try to distract people from paying attention to the very real injustices at play in Abrego Garcia's deportation and imprisonment. Become a member at JoinTheMajorityReport.com: https://fans.fm/majority/join Follow us on TikTok here!: https://www.tiktok.com/@majorityreportfm Check us out on Twitch here!: https://www.twitch.tv/themajorityreport Find our Rumble stream here!: https://rumble.com/user/majorityreport Check out our alt YouTube channel here!: https://www.youtube.com/majorityreportlive Gift a Majority Report subscription here: https://fans.fm/majority/gift Subscribe to the ESVN YouTube channel here: https://www.youtube.com/esvnshow Subscribe to the AMQuickie newsletter here: https://am-quickie.ghost.io/ Join the Majority Report Discord! https://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Get the free Majority Report App!: https://majority.fm/app Go to https://JustCoffee.coop and use coupon code majority to get 10% off your purchase! Check out today's sponsors: Babel: Babbel.com/Majority for up to 60% off your subscription Fast Growing Trees: Get 15% off your first purchase.  FastGrowingTrees.com/majority Aura Frames: Exclusive $35-off Carver Mat at AuraFrames.com. Promo Code MAJORITY Follow the Majority Report crew on Twitter: @SamSeder @EmmaVigeland @MattLech @RussFinkelstein Check out Matt's show, Left Reckoning, on Youtube, and subscribe on Patreon! https://www.patreon.com/leftreckoning Check out Matt Binder's YouTube channel: https://www.youtube.com/mattbinder Subscribe to Brandon's show The Discourse on Patreon! https://www.patreon.com/ExpandTheDiscourse Check out Ava Raiza's music here! https://avaraiza.bandcamp.com/ The Majority Report with Sam Seder – https://majorityreportradio.com/

The Commerce Department reported the U.S. economy contracted by 0.3% in the first quarter of this year. We'll break down the GDP math formula and dig into what the latest report says about where the US economy may be headed. And, should businesses be transparent about the impact of tariffs on prices? A nixed plan from Amazon serves as a cautionary tale of the political risks. Plus, feeling stressed these days? Cow cuddling and bee therapy might help.Here's everything we talked about today:-"Trump blames Biden after GDP shrinks in first quarter, says growth will 'take a while'" from CNBC -"Businesses weigh how much to tell customers about tariffs' impact on price" from Marketplace-"Trump-Bezos call sets stage for tense earnings report from Amazon" from CNBC-"Trump vs. Amazon's Brilliant Tariff Idea" from The Wall Street Journal -"The Americans Fled Vietnam 50 Years Ago. I Visited the Buildings They Left Behind."  from The New York Times"Anxious about the world? Cow cuddling or bee buzzing might help ease your stress" from The Denver PostGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

The U.S. Labor Department reported the Weekly Jobless Claims Report; Kevin has the date, discusses the press coverage and offers his insights. The Federal Reserve released the so-called Biege Book a collection of anecdotal information on current economic conditions in the twelve Federal Reserve districts around the Country as well as how businesses are planning to deal with possible price increases, if they materialize; Kevin talks about the details and offers his thoughts. In a separate report the U.S. Commerce Department's Census Bureau published the data on orders for durable goods, items ranging from toasters to aircraft; Kevin discusses the data. Kevin has the news, data and geo-political events affecting oil and gas prices.

"Everybody's frustrated with everybody right now," Rep. Jeremy Olson said on this episode of Plain Talk. Olson is a Republican from Arnegard, and serves as the Majority Caucus Leader, and is well known as a "gentle giant" of North Dakota politics. Which is to say that his comment about fist fights was tongue-in-cheek, but he was expressing a real sense of frustration as lawmakers reach the hectic end of their session. Lawmakers are locked in tough debates over things like property taxes, budget bills, and school choice, though the last of those bills failed earlier this week. In particular, Olson spoke about the incessant division of complicated budget bills, such as the appropriation for the Commerce Department, which saw its amendments divided, and then the final bill amended, with most of that action being led by Rep. Ben Koppelman, a Republican from West Fargo. "When some people get up or when some divisions happen, you can kind of hear an audible groan in the room," Olson told us. "I'll leave it at that." Olson also spoke of legislation he's championed to incentivize oil exploration. Specifically, House Bill 1483 and Senate Bill 2397 which would lower tax burdens for oil exploration outside of the hottest areas of the Bakken and Three Forks formations. "They could find the next big boom in the Williston Basin," he said. "So, in order to help them offset that cost, that risk, we're giving them a financial incentive." Also on this episode, co-host Chad Oban and I talk about the bitter and surprising way this sessions debate over school choice bills ended, and analyze who has the strongest hand to play in the final fight over property tax reform. This episode is presented by Bakken Backers. Bakken Backers is a coalition of businesses, leaders, workers, and citizens who support energy production from the Bakken formation and its many benefits for North Dakota. Learn more at www.BackTheBakken.org. If you want to participate in Plain Talk, just give us a call or text at 701-587-3141. It's super easy — leave your message, tell us your name and where you're from, and we might feature it on an upcoming episode. To subscribe to Plain Talk, search for the show wherever you get your podcasts or use one of the links below. Apple Podcasts | Spotify | YouTube | Pocket Casts | Episode Archive

The U.S. Labor Department reported the Weekly Jobless Claims Report; Kevin has the date, discusses the press coverage and offers his insights. The Federal Reserve released the so-called Biege Book a collection of anecdotal information on current economic conditions in the twelve Federal Reserve districts around the Country as well as how businesses are planning to deal with possible price increases, if they materialize; Kevin talks about the details and offers his thoughts. In a separate report the U.S. Commerce Department's Census Bureau published the data on orders for durable goods, items ranging from toasters to aircraft; Kevin discusses the data. Kevin has the news, data and geo-political events affecting oil and gas prices.

Mike Wirth, CEO - Chevron, in an interview discussed whether the U.S. is close to a recession; Kevin has the details and offers his insights. The U.S. Commerce Department's Census Bureau released the March new home sales numbers; Kevin digs into the data and puts it into perspective. Phil Flynn, Senior Market Analyst, Price Futures Group, in his Energy Report, offers his thoughts on Fed Chaiman Jerome Powell, tariffs and the recent stock market weakness; Kevin discusses this report and offers his thoughts. Kevin talks about the news, data, world events, tariffs and trade talks affecting gas and oil prices.

Mike Wirth, CEO - Chevron, in an interview discussed whether the U.S. is close to a recession; Kevin has the details and offers his insights. The U.S. Commerce Department's Census Bureau released the March new home sales numbers; Kevin digs into the data and puts it into perspective. Phil Flynn, Senior Market Analyst, Price Futures Group, in his Energy Report, offers his thoughts on Fed Chaiman Jerome Powell, tariffs and the recent stock market weakness; Kevin discusses this report and offers his thoughts. Kevin talks about the news, data, world events, tariffs and trade talks affecting gas and oil prices.

The U.S. Labor Department released the weekly Initial Jobless claims Report; the U.S. Commerce Department's Census Bureau reported Housing Starts; the Philadelphia Fed reported average workweek at factories; the National Association of Home Builders released the survey of homebuilders' sentiment; U.S. Department of Housing and Urban Development released the Housing Starts report; Kevin has the details, digs into the data and offers his insights. While at the MId-America Trucking Show, Kevin interviewed Jeremy Citron, Founder and Partner, Long Haul law.

The U.S. Labor Department released the weekly Initial Jobless claims Report; the U.S. Commerce Department's Census Bureau reported Housing Starts; the Philadelphia Fed reported average workweek at factories; the National Association of Home Builders released the survey of homebuilders' sentiment; U.S. Department of Housing and Urban Development released the Housing Starts report; Kevin has the details, digs into the data and offers his insights. While at the MId-America Trucking Show, Kevin interviewed Jeremy Citron, Founder and Partner, Long Haul law.

Jerome Powell gave a speech at the Economic Club of Chicago; Kevin unpacks the information and offers his insights, correcting the record and offering clarity. While at the MId-America Trucking Show, Kevin interviewed Beth Wilson, Manager of Engine Oil, DEF, After-Market Auditing Program, American Petroleum Institute. The U.S. Commerce Department released the March Retail Sales report; The Federal Reserve released the Manufacturing numbers for March and the Capacity Utilization report: Kevin has all the details and offers his insights.

Jerome Powell gave a speech at the Economic Club of Chicago; Kevin unpacks the information and offers his insights, correcting the record and offering clarity. While at the MId-America Trucking Show, Kevin interviewed Beth Wilson, Manager of Engine Oil, DEF, After-Market Auditing Program, American Petroleum Institute. The U.S. Commerce Department released the March Retail Sales report; The Federal Reserve released the Manufacturing numbers for March and the Capacity Utilization report: Kevin has all the details and offers his insights.

Joining Pam for this week's episode is Stanford Law Professor Alan Sykes, a leading expert on the application of economics to legal problems whose most recent scholarship is focused on international economic relations. In short, he is an international trade and law expert—and the right person to help us understand today's chaos. The discussion covers the credibility of the United States in international trade negotiations, the feasibility of renegotiating trade deals with multiple countries within a short timeframe, and the unconventional methods employed by the Trump administration. Sykes also highlights the importance of previously negotiated deals and the World Trade Organization—and how the Trump administration has sidelined the organization. This episode offers a comprehensive look at the legal and economic dimensions of Trump's tariffs, making it a must-listen for anyone interested in understanding the complexities of modern trade policies.Links:Alan O. Sykes  >>> Stanford Law pageThe Law and Economics of International Trade Agreements >>> Stanford Law pageConnect:Episode Transcripts >>> Stanford Legal Podcast WebsiteStanford Legal Podcast >>> LinkedIn PageRich Ford >>>  Twitter/XPam Karlan >>> Stanford Law School PageStanford Law School >>> Twitter/XStanford Lawyer Magazine >>> Twitter/X (00:00:00) Introduction and Overview of Trump's Tariffs(00:04:05) Impact on Imported Goods and Consumers(00:04:34) Exemptions and Intermediate Goods(00:05:14) Historical Context of U.S. Tariffs(00:24:38) Credibility of the United States and the 90-Day Pause

In 2024, Americans bought 5.7 times as much flatware and dishes and 3.5 times the furniture compared with 1994, according to Commerce Department data. They also purchased 2.5 times the clothing and footwear. Wall Street Journal reporter Dalvin Brown joins host Ariana Aspuru to discuss why cheap goods are actually costing us and how Trump's tariffs threaten to curb trade from one of the biggest exporters of low-cost goods.  Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

After days of stock market mayhem, President Donald Trump pulled back most of the tariffs he slapped on U.S. trade partners. But not China. Trump upped his tariffs on China to 125 percent — the latest shot in a rapidly escalating trade war. On POLITICO Tech, host Steven Overly talks to Nazak Nikakhtar, a former Commerce Department official during Trump's first term and law partner at Wiley, about the ways in which the tech industry is vulnerable to Beijing's retaliation, and why she thinks the economic pain from these sky-high tariffs is necessary. Learn more about your ad choices. Visit megaphone.fm/adchoices

For perspective on the growing trade war between the United States and China and the ripple effects it’s having, Amna Nawaz spoke with Elizabeth Economy. She served as the senior advisor for China in the Commerce Department during the Biden administration and is currently a senior fellow at the Hoover Institution. PBS News is supported by - https://www.pbs.org/newshour/about/funders

For perspective on the growing trade war between the United States and China and the ripple effects it’s having, Amna Nawaz spoke with Elizabeth Economy. She served as the senior advisor for China in the Commerce Department during the Biden administration and is currently a senior fellow at the Hoover Institution. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Kevin sorts through comments by Austan Goolsbee, President of the Federal Reserve Bank of Chicago and offers his insights. ADP released its Private Payroll Report; Reuters reports U.S. first quarter auto sales and the Commerce Department's Census Bureau reported February construction spending, Kevin has the details and offers his insights. While at the MId-America Trucking Show, Kevin interviewed Nick LaFalce, Marketing Manager, RaceTrac. Kevin mentions the information provided by Phil Flynn, Senior Market Analyst, PRICE Futures Group, in his Energy Report. Kevin discusses the news and events affecting oil prices.

Kevin sorts through comments by Austan Goolsbee, President of the Federal Reserve Bank of Chicago and offers his insights. ADP released its Private Payroll Report; Reuters reports U.S. first quarter auto sales and the Commerce Department's Census Bureau reported February construction spending, Kevin has the details and offers his insights. While at the MId-America Trucking Show, Kevin interviewed Nick LaFalce, Marketing Manager, RaceTrac. Kevin mentions the information provided by Phil Flynn, Senior Market Analyst, PRICE Futures Group, in his Energy Report. Kevin discusses the news and events affecting oil prices.

Consumers say they're fed up with inflation, then they keep spending. But their behavior could be catching up with their anxiety, an economist told us. The clues are in data released today by the Commerce Department. Also in this episode: Can you live on just 13 gallons of water a day? One water-saving group thinks it’s possible. Plus, we look into how cities, farmers and compost brokers are tackling organic waste.

Consumers say they're fed up with inflation, then they keep spending. But their behavior could be catching up with their anxiety, an economist told us. The clues are in data released today by the Commerce Department. Also in this episode: Can you live on just 13 gallons of water a day? One water-saving group thinks it’s possible. Plus, we look into how cities, farmers and compost brokers are tackling organic waste.

Shoot us a Text.Episode #1002: Today's show dives into Trump's game-changing 25% auto tariff and what it means for car prices, Hyundai's massive new EV plant in Georgia and OpenAI's latest AI breakthrough in image and text generation.Show Notes with links:President Trump has officially imposed a 25% tariff on vehicles built outside the U.S., effective April 3. The move is set to rattle the global auto supply chain and could result in major price hikes for consumers.The tariff increases from a 2.5% base to 25%, covering vehicles and some auto parts like engines and transmissions.Parts meeting the United States-Mexico-Canada Agreement (USMCA) rules will get a temporary reprieve until the Commerce Department sets new regulations.Aaron Bragman of Cars.com said that 50% of all cars are imported from outside the US and encouraged potential buyers to act soon as prices could rise from $3K - $12K “If you need a new car, go get one as soon as you possibly can—lock in a price—because those prices might be going up very soon.”Manufacturers may shift production and pass higher costs to consumers and dealers, while retaliatory tariffs loom from other nations.UAW President Shawn Fain called it a victory for autoworkers, saying “Ending the race to the bottom in the auto industry starts with fixing our broken trade deals.”Hyundai has officially opened its state-of-the-art EV plant in Georgia, marking a historic $7.6 billion investment in U.S. manufacturing. The facility will produce Hyundai, Kia, and Genesis electric vehicles, including the much-anticipated IONIQ 9.Hyundai's project is Georgia's largest economic development investment ever, expected to create 8,500 direct jobs and over 58,000 total jobs.The 2025 IONIQ 5 was the first model built at the plant, with the three-row IONIQ 9 set to debut this spring.Hyundai recently announced a $21B investment in U.S. production, including $9B for EV expansion and $6B for a new steel plant in Louisiana.Hyundai Motor Group executive chair Euisun Chung said, “Together with the talented workforce at HMGMA, we are building the future of mobility with America, in America.”OpenAI is rolling out built-in image generation within ChatGPT, marking a big leap in AI-powered creativity. Dubbed “Images in ChatGPT”, this feature is available starting today across multiple user tiers.Users can now generate images directly within ChatGPT using GPT-4o's “omnimodal” technology.New enhancements improve “binding”, meaning the AI better understands object relationships and attributes—avoiding mix-ups like miscolored shapes.Unlike past models that produced garbled, misspelled words, GPT-4o can now render clean, legible text in images.The AI now accurately follows detailed text-based prompts, even replicating whiteboard notes and comic strip text.Research lead Gabriel Goh calls it a “step change above previous models”, with improved precision in rendering complex promptHosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email

The U.S. economy showed a growth rate of 2.4% in the fourth quarter of 2024, driven by increased consumer spending. The Commerce Department revised its previous growth estimate for this quarter. For context, the economy grew at 3.1% in the third quarter of 2024. The overall growth for the entire year of 2024 reached 2.8%, reaffirming the U.S. as the largest economy globally.Learn more on this news visit us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.

NAACP President Derrick Johnson joins to discuss how Trump dismantling the Department of Education could impact students of color. Plus, Elon Musk appears to be trying to grow his influence in the Republican Party one donation at a time.

U.S. Commerce Department's Census Bureau released data on Single-family housing starts and building permits. The U.S. Labor Department's Bureau of Labor Statistics released a report on import prices. The Federal Reserve released a report on factory output. Kevin has all the details on these reports, digs into the numbers and offers his insights. Oil prices react to the U.S. and Russian Presidents talk about a possible Ukraine ceasefire, U.S. strikes on Houthis, Israel's airstrikes on Hamas in Gaza, China and Germany announcing plans for their respective economic stimulus and U.S. tariffs potential to affect global oil demand.

CISA scrambles to contact fired employees after court rules layoffs ‘unlawful' Google acquires cybersecurity firm Wiz for $32 billion US Commerce department bureaus ban China's DeepSeek on government devices, sources say   Thanks to this week episode sponsor, DeleteMe Data brokers bypass online safety measures to sell your name, address, and social security number to scammers. DeleteMe scours the web to find – and remove – your private information before it gets into the wrong hands by scanning for exposed information, and completing opt-outs and removals.   With over 100 Million personal listings removed, DeleteMe is your trusted privacy solution for online safety. Get 20% off your DeleteMe plan when you go to JoinDeleteMe.com/CISO and use promo code CISO at checkout. 

U.S. Commerce Department's Census Bureau released data on Single-family housing starts and building permits. The U.S. Labor Department's Bureau of Labor Statistics released a report on import prices. The Federal Reserve released a report on factory output. Kevin has all the details on these reports, digs into the numbers and offers his insights. Oil prices react to the U.S. and Russian Presidents talk about a possible Ukraine ceasefire, U.S. strikes on Houthis, Israel's airstrikes on Hamas in Gaza, China and Germany announcing plans for their respective economic stimulus and U.S. tariffs potential to affect global oil demand.

U.S. Commerce Department released the February Retail Sales Report, Kevin has the details, digs into the data and offers his insights. The Federal Reserve analyzed the U.S. Bureau of Labor Statistics Jobs Report and offered their data regarding the percentage of Americans, who have college degrees, holding multiple jobs. February Class 8 Truck Orders data were released by Americas Commercial Transportation Research Co. (ACT) and Freight Transportation Research Associates (FTR), Kevin digs into the information and has the details. Oil reacts to the U.S. vowing to hit Yemen's Houthis until Red Sea shipping attacks stop, Chinese economic data fueled hopes for higher demand and reports that President Trump will speak to Russian President Putin about ending the Russia-Ukraine war later today.

Ask an economist what’s driving decision-making right now, and the answer may well be “uncertainty.” In this episode, the unpredictable environment fuels a range of change: The labor market softens, surveys of the service sector point in opposite directions and Treasury yields sink. Plus, the Commerce Department just dissolved two expert advisory groups, putting the trustworthiness of future federal data into question.

Ask an economist what’s driving decision-making right now, and the answer may well be “uncertainty.” In this episode, the unpredictable environment fuels a range of change: The labor market softens, surveys of the service sector point in opposite directions and Treasury yields sink. Plus, the Commerce Department just dissolved two expert advisory groups, putting the trustworthiness of future federal data into question.

Kevin's take on the collapse of the minerals deal and a path to a ceasefire between the U.S. and Ukraine. Commerce Department released personal consumption expenditures price index on Friday, Kevin has the details and offers his perspective. Personal income numbers were also released, Kevin digs into the data. Late last week the Labor Department released the weekly initial jobless claims; the Census Bureau released the durable goods orders report and the Commerce Department issued their second estimate of fourth quarter Gross Domestic Product, Kevin has the details of these reports and offers his insights. Oil reacts to reports OPEC+ will proceed with a planned oil output increase in April, possible tariffs on Mexico and Canada due to take effect today, China preparing countermeasures to U.S. tariffs, Chinese manufacturing activity expanded in February and Great Britain talks about proposals for possible Ukraine ceasefire with U.S. assistance.

Since the Trump administration took office Jan. 20, federal technology has become an essential element in the national news cycle. Elon Musk and the Department of Government Efficiency have burrowed within agencies to gain access to key federal IT systems as part of their work to drive efficiency and cut waste and abuse. And as part of that, the Trump administration has fired huge swaths of the federal workforce. For the FedScoop news team, this has meant some major changes to the way they cover and deliver the news to the federal IT community. On this episode, the team gets together for a conversation about how they're approaching this new normal, the stories they're following, what's ahead and how readers can get in touch to share their stories. The Office of Personnel Management said in a Tuesday revision to existing guidance that it's not instructing other federal agencies to take personnel actions with respect to probationary employees. “Please note that, by this memorandum, OPM is not directing agencies to take any specific performance-based actions regarding probationary employees,” the new language in the revised memo reads. “Agencies have ultimate decisionmaking authority over, and responsibility for, such personnel actions.” The update follows a decision last week from a federal judge in San Francisco granting temporary, limited relief to pause and rescind those firings at several agencies. In making that ruling, U.S. District Judge William Alsup found that OPM's original Jan. 20 memo on federal probationary workers and its other related efforts likely unlawfully directed the firing of those agency workers. OPM “does not have any authority whatsoever under any statute in the history of the universe to hire and fire employees within another agency,” Alsup said during a hearing Feb. 27. As Salt Typhoon and other hacking groups continue targeting U.S. telecoms, a bipartisan bill that cleared a key House panel Tuesday aims to formalize a more cyber-focused role for the federal agency focused on those wireless networks. The National Telecommunications and Information Administration Organization Act would establish an Office of Policy Development and Cybersecurity within the Commerce Department's NTIA under legislation from Reps. Jay Obernolte, R-Calif., and Jennifer McClellan, D-Va. The bill, which advanced out of the House Energy and Commerce Committee, was passed by the chamber last year but stalled out in the Senate. The NTIA advises the president on telecommunications and information policy issues, with a specific focus on the expansion of broadband internet and spectrum. Obernolte, who chairs the House Science, Space and Technology subcommittee on research and technology, said the bill “addresses a critical gap” by formalizing NTIA's cybersecurity role to better “safeguard our communication networks.” The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast  on Apple Podcasts, Soundcloud, Spotify and YouTube.

President Trump signed an executive order directing the Commerce Department to investigate copper tariffs, emphasizing its importance to solar panels, EVs, and U.S. defense. This move is part of his effort to secure U.S. dominance in critical materials amid national security concerns over China.President Trump says Ukrainian President Zelenskyy could visit the White House Friday to sign a deal granting the U.S. access to Ukraine's critical minerals. He also hinted at an economic deal with Russia, expressing interest in Russian minerals and suggesting Putin wants to resolve the situation.The Congressional DOGE Caucus held its first ‘DOGE Day' outside the Capitol, where GOP lawmakers introduced new legislation to cut costs in Congress. This comes as 21 federal tech workers resigned in protest over DOGE.House Republican leaders are preparing to vote on their version of the budget resolution, unsure if it has enough support to pass. The plan cleared a key procedural hurdle earlier today, and a final vote could occur as soon as tonight.

President Trump calls out Maine's governor at a White House governor's meeting and warns he'll withhold government education funding if she fails to comply with his two-sexes executive order. Hakeem Jeffries proves he's in utter panic mode. The media melts down over Trump's plan to roll the USPS into Howard Lutnick's Commerce Department, despite the postal service's staggering $60 BILLION losses over the past decade. Trump's special envoy Steve Witkoff leaves Jake Tapper looking foolish and biased.

Today's Headlines: Hamas returned the bodies of three Israeli hostages but paraded them on stage before a cheering crowd. They claimed to have returned another, but the remains were not a hostage. The U.S. labeled eight drug cartels as terrorist organizations, prompting Mexico's president to propose stricter gun trafficking rules. Trump plans to fire USPS leadership and place it under Commerce Department control. DHS revoked TPS for Haitians, affecting half a million people. A judge ruled Trump is defying a court order on foreign aid, while another allowed federal layoffs to proceed. Governor Hochul will impose sanctions on NYC Mayor Adams instead of removing him. Kash Patel was narrowly confirmed as FBI director. Mitch McConnell announced he won't seek reelection, and CPAC began with Elon Musk wielding a chainsaw gifted by Argentina's president. Resources/Articles mentioned in this episode: Telegraph: IDF says body handed over by Hamas is not Shiri Bibas Axios: Mexico targets American gun smugglers in response to naming cartels terrorists  WA Post: Trump expected to take control of USPS, fire postal board, officials say  AP News: Trump administration throws out protections from deportation for roughly half a million Haitians  AP News: Trump administration is flouting an order to temporarily lift a freeze on foreign aid, judge says NBC News: Judge rules against union bid to block mass federal layoffs by Trump NBC News: Gov. Kathy Hochul won't remove embattled NYC Mayor Eric Adams — for now  AP News: Trump loyalist Kash Patel is confirmed as FBI director by the Senate despite deep Democratic doubts Axios: Mitch McConnell, 83, won't seek reelection in 2026 PBS: WATCH: Elon Musk wields ‘chainsaw for bureaucracy' on stage before speaking at CPAC Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

Another lawsuit hits the Department of Government Efficiency from privacy rights advocates concerned about Americans' personal data. And another wearable — the Ai Pin — bites the dust. But first, layoffs by the federal government are continuing, including, reportedly, at the National Institute of Standards and Technology, or NIST, which is part of the Commerce Department. This is a federal laboratory that's been around since 1901 whose mission is to promote U.S. innovation and competition. And part of its work is to help create standards for new technology, like artificial intelligence. Marketplace's Stephanie Hughes is joined by Maria Curi, tech policy reporter at Axios, to break down these stories. Curi recently reported that NIST is expected to fire about 500 workers. But what does NIST do, exactly?

Another lawsuit hits the Department of Government Efficiency from privacy rights advocates concerned about Americans' personal data. And another wearable — the Ai Pin — bites the dust. But first, layoffs by the federal government are continuing, including, reportedly, at the National Institute of Standards and Technology, or NIST, which is part of the Commerce Department. This is a federal laboratory that's been around since 1901 whose mission is to promote U.S. innovation and competition. And part of its work is to help create standards for new technology, like artificial intelligence. Marketplace's Stephanie Hughes is joined by Maria Curi, tech policy reporter at Axios, to break down these stories. Curi recently reported that NIST is expected to fire about 500 workers. But what does NIST do, exactly?

President Trump reportedly plans to fire the board of the U.S. Postal Service and place the independent agency under the control of the Commerce Department, a move that could be the first step in privatizing the service. The White House denied that an executive order to make the change is in the works. Jacob Bogage of The Washington Post reported on the issue and discussed more with Geoff Bennett. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Donald Trump is trying to take control of the US Postal Service. According to the Washington Post, Trump plans to sign an executive order that will fire the Postal Service's governing board so the agency will no longer function independently, He wants the USPS under the control of the Commerce Department and Secretary Howard Lutnick. The board isn't going quietly and is reportedly planning to sue. Elon Musk celebrated firing government workers at CPAC last night by parading around on stage with a chain saw. In addition to being woefully insensitive as people lose their incomes, his chain saw approach to making cuts has resulted in some agencies scrambling to rehire key workers. Friday brings the amazing Michael Shure to The Mark Thompson Show. A political journalist, Shure brings a unique perspective to the conversation. We find our way to Friday Fabulous Florida! The Culture Blaster, Michael Snyder, brings his the fun along with his critic's eye to this week's entertainment offerings.

CPI comes in HOT, PPI not as bad Retail sales - not a happy number for January News on GameStop DOGE is full attack mode (Dismantling) PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter  Warm-Up - CPI comes in HOT, PPI not as bad - Retail sales - not a happy number for January - News on GameStop - - DOGE is full attack mode (Dismantling) - The Winner of the ORCL CTP Markets - The call it dumb money - ruling again - More earnings - driving markets - Buying holding tight - tariffs are not worrisome| - Intel parts up for grabs? Retail Sales - According to reports: Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report last Friday. - Retail sales slipped 0.9% for the month from an upwardly revised 0.7% gain in December, even worse than the Dow Jones estimate for a 0.2% decline. The sales totals are adjusted for seasonality but not inflation for a month in which prices rose 0.5%. - Excluding autos, prices fell 0.4%, also well off the consensus forecast for a 0.3% increase. - A "control" measure that strips out several nonessential categories and figures directly into calculations for gross domestic product fell 0.8% after an upwardly revised increase of 0.8%. Other Economics - In other economic news Friday, the Bureau of Labor Statistics reported that import prices accelerated 0.3% in January, in line with expectations for the largest one-month move since April 2024. On a year-over-year basis, import prices increased 1.9%. - Fuel prices increased 3.2% on the month, also the biggest gain since April 2024. Food, feed and beverage costs rose 0.2% following a 3% surge in December. - Export prices also increased, rising 1.3%. Back to Work - President Trump was very vocal about people who work from home. Said they they are really not working - “I happen to be a believer that you have to go to work. I don't think you can work from home. - “Nobody's going to work from home, they're going to be going out, they're gonna play tennis, they're gonna play golf. They're gonna do a lot of things—they're not working.” --- Question: Doesn't President Trump work from home? -----JPMorgan Chase CEO Jamie Dimon scorned calls from some employees to soften the bank's five-day return-to-office policy in an animated town hall meeting last week, according to a recording reviewed by Reuters. - Employees at the largest U.S. bank have complained on internal message boards and chats about losing hybrid working arrangements, and one group launched an online petition urging Dimon to reconsider. Unions - NOPE - Amazon workers at a facility near Raleigh, North Carolina, overwhelmingly voted against unionizing on Saturday. - Of the 3,276 ballots cast, there were 2,447 votes opposing the union and 829 in favor, according to Carolina Amazonians United for Solidarity and Empowerment (CAUSE), the group seeking to represent workers. The results still need to be certified by the National Labor Relations Board. China - Tariffs of their own - China's finance ministry said Tuesday it will impose 15% tariffs on coal and liquified natural gas imports from the U.S. and 10% duties on crude oil, farm equipment and certain cars, starting Feb. 10. - The tariffs announcement comes as the additional 10% U.S. tariffs on Chinese exports came into effect on Tuesday stateside. Speaking of Tariffs Reciprocal Tariffs - what are they? . Essentially, it's a "tit-for-tat" approach to trade: if Country A charges a 10% tariff on goods from Country B, then Country B will impose a 10% tariff on goods from Country A - President Trump recently signed a memorandum directing...

Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureLee Zeldin in cancelling as many environment grants as he can, the latest is a 50 million savings. US retail for Jan declined, this is Biden economy. The Gov needs lower rates to pay the debt, Trump will use this. The [DS] is afraid DOGE will audit the source of their funds, tick tock. The [DS] wants the war to continue in Ukraine, a drone hit the nuclear plant in Ukraine, the blame is on Russia but it looks like Ukraine staged a [FF]. Ann Paulina Luna lets everyone know she is following declas procedure and the clock has already started and the materials she has will be released to the people. DOGE will audit every department, the amount of fraud is astronomical. The GOA is suppose to be doing the audits, either they are part of the system, or they where stripped of power. Trump let us know what he was going to do in 2016, and here we are today, promises made, promised kept.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/epaleezeldin/status/1890080377940926637 US retail spending plunged last month, falling for the first time since August American shoppers pulled back on their spending last month for the first time since August as stubborn inflation continued to bite and harsh weather curbed economic activity. Retail sales plunged 0.9% in January from the prior month, the Commerce Department said Friday. That's down sharply from December's upwardly revised 0.7% gain and well below economists' expectations of a 0.4% decline. The figures are adjusted for seasonal swings but not inflation. Shoppers reined in their spending across multiple categories last month. Specialty stores and auto dealers were hit hardest, with spending falling 4.6% and 3%, respectively. Inflation could worsen if President Donald Trump keeps his promise of imposing 25% tariffs on Mexico and Canada as soon as March 1. The Trump administration is also weighing levying reciprocal tariffs in April. Most economists say Trump's hefty duties would likely ramp up price pressures in the US, contrary to the Trump administration's belief that foreign countries will pay for the tariffs Source:msn.com Yes, the latest retail numbers available are for January 2025.   https://twitter.com/KobeissiLetter/status/1890196417710358949   at 3.5%. Meanwhile, the base case now shows interest rate cuts not beginning until at least September 2025. Is higher for longer back? https://twitter.com/KobeissiLetter/status/1890451969229140024 Abolish property taxes? DeSantis endorses the idea and explains how it could be done in Florida Florida Gov. Ron DeSantis endorsed the idea of abolishing property taxes throughout the Sunshine State, but explained that it would require a constitutional amendment. The governor, who is currently serving his second term after a decisive re-election victory in Florida's 2022 gubernatorial contest, was responding to someone on X who advocated abolishing property taxes in the state and asked what would need to be done to make that happen. "Property taxes are local, not state. So we'd need to do a constitutional amendment (requires 60% of voters to approve) to eliminate them (which I would support) or even to reform/lower them," DeSantis noted. "We should put the boldest amendment on the ballot that has a chance of getting that 60%," he continued.  "I agree that taxing land/property is the more oppressive and ineffective form of taxation," the governor added.   Eric Trump, one of President Donald Trump's sons,

Data from the U.S. Commerce Department showed a surprisingly steep pullback in retail sales for January. Plus: Roku shares rise after posting a narrower-than-expected quarterly loss. Airbnb stock advances after the rental company swings to a profit. And DraftKings gains after raising its revenue guidance. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices