Latest Stories By Louis Jacobson

Showing 1-12 of 1255 items

Fact-checking Donald Trump’s 100-day rally in Warren, Michigan

President Donald Trump’s speech in Warren, Michigan, marking his 100th day in office sounded a lot like something Trump clearly loves: a good old-fashioned campaign rally.  During the April 29 speech, Trump touted a record number of executive orders, efforts to slash the federal workforce and deportations of immigrants in the United States illegally, spotlighted […]
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9 charts show how consumers, businesses have soured on the economy in Trump’s first 100 days

In the first 100 days of his second term, President Donald Trump has often been his own biggest hype man when it comes to the economy.  “In the first four years, we had the greatest economy in the history of our country,” Trump (falsely) said April 17 while meeting with Italian Prime Minister Giorgia Meloni. […]
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Donald Trump’s altered Abrego Garcia photo: Why gang experts dismiss MS-13 link to finger tattoos

President Donald Trump posted an image of himself holding a photograph of what he said was the tattooed hand of Kilmar Armando Abrego Garcia, whom the government deported to El Salvador in March despite an order not to deport him there.  To Trump and the White House X account, the tattoos are proof that Abrego […]
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RFK Jr. autism press conference April 2025

RFK Jr. exaggerates share of autistic population with severe limitations

U.S. Health and Human Services Secretary Robert F. Kennedy Jr. attracted notice — and in some quarters, outrage — for remarks about autism, a topic he’s clashed with scientists on for years. Kennedy held an April 16 press conference pegged to a new Centers for Disease Control and Prevention report that found the prevalence of […]
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Trader on floor of NYSE

What is the bond market, and why is it so important for the economy?

When a reporter asked President Donald Trump why he paused country-by-country tariffs only a week after unveiling them, Trump said “Well, I thought that people were jumping a little bit out of line. They were getting yippy, you know? They were getting a little bit yippy, a little bit afraid.” Trump’s April 9 explanation came […]
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Critics accuse President Donald Trump of insider trading. Experts say that’s a stretch.

A social media post, followed by a market-moving tariff announcement, led President Donald Trump’s critics to speculate that he might have profited from inside information. At 9:37 a.m. ET on April 9, after a nearly 20% downturn in key market indexes, Trump posted on Truth Social, “THIS IS A GREAT TIME TO BUY!!! DJT.” See […]
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Are other countries ‘cheating’ the U.S. on trade?

If you listen to President Donald Trump and his allies discuss his sweeping tariff plans, one word pops up a lot: “Cheating.” During his April 2 announcement of what he called “liberation day,” Trump released a list of new tariffs of up to 50% on virtually every country — a plan that took effect at […]
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Stock trader April 7, 2025

What is a recession, and is it tied to stock market declines? What to know after Trump’s tariffs

For weeks, stock markets have been falling, and the plunge accelerated after President Donald Trump on April 2 unveiled U.S. tariffs on virtually every country. Commenters on social media have said the drop in stock prices could portend a recession. Professional analysts at JPMorgan have estimated a 60% likelihood of a recession, while Goldman Sachs […]
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Original copy of the Constitution

Can Donald Trump become a three-term president?

Several times since he’s returned to the White House, President Donald Trump has teased the possibility of serving more than two terms in office. In an interview with NBC’s Kristen Welker that aired March 30, Welker asked Trump, “Have you been presented with any potential plans that would allow you to serve a third term?” […]
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Elon Musk claims ‘massive’ Social Security fraud. How much money is actually lost to fraud, waste?

Elon Musk, the billionaire driving force behind President Donald Trump’s budget-cutting Department of Government Efficiency, broached the sensitive issue of Social Security cost-savings on Fox Business. Musk told host Larry Kudlow, a former Trump economic adviser, that the Government Accountability Office estimated in 2024 that federal government fraud was “half a trillion dollars.” While referring […]
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Fact-checking Trump on February job numbers: manufacturing, auto industry and native-born workers

President Donald Trump took a victory lap after the release of February’s monthly job figures, which showed a gain of 151,000 positions, roughly in line with expectations. Critics warned that job losses could follow in subsequent monthly reports, as federal layoffs and uncertainty over tariff enactment ripples through the economy. The February data stems from […]
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Verificando el discurso del presidente Donald Trump ante el Congreso

El presidente Donald Trump recapituló seis semanas de esfuerzos agresivos para cortar la cifra de los trabajadores federales, reorganizar la economía y reorientar la política exterior durante su primer discurso en una sesión conjunta del Congreso.  El discurso del 4 de marzo fue largo según estándares históricos – alrededor de 1 hora y 40 minutos […]
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Showing 1-12 of 1255 items