Us Consumer Spending Posts Healthy Gain In May

As President Donald Trump’s Cabinet and Administration nominees face confirmation hearings, they are set to wield control over a range of departments affecting everything from healthcare to the economy. And many of them will have some power over abortion access—even in agencies you may not expect. [time-brightcove not-tgx=”true”] Many health and legal experts expect that the Trump Administration will curtail abortion access.

President Donald Trump’s inauguration on Jan. 20 in Washington D. C. brought the world’s wealthiest people together to celebrate his return to the presidency, including Elon Musk, Jeff Bezos, and Mark Zuckerberg, who have a combined net worth of nearly $900 billion, according to Forbes. As Trump was inaugurated, longtime Trump supporter Harold Hamm—known for fracking and considered “America’s richest oil man” with over $18.5 billion in wealth running Continental Resources— hosted an exclusive inauguration watch party.

President Donald Trump on Tuesday announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of artificial intelligence (AI) – in an early signal that his Administration would embrace the technology. The plans, which predate the Trump Administration and involve no U.

“The Justice Department has ordered U. S. attorneys to investigate and prosecute law enforcement officials if they refuse to enforce the Trump administration’s new immigration policies,” the New York Times reports. “The move comes as the Department of Homeland Security prepares to make targeted raids into cities with high numbers of undocumented immigrants.”

A new Reuters/Ipsos poll found that 58% of Americans are not in favor of President Trump pardoning all of the people who were convicted of crimes related to the Jan. 6 attack on the Capitol just over four years ago.

JPMorgan Chase CEO Jamie Dimon said the looming tariffs that President Trump is expected to slap on U. S. trading partners could be viewed positively, NBC News reports. Said Dimon: “If it’s a little inflationary, but it’s good for national security, so be it. I mean, get over it. National security trumps a little bit more inflation.”