The US stock market just blew past every record in history, as the capitalization-to-GDP ratio hit 208% this week, jumping nearly 43 percentage points since April. That crushes the previous high of 206% from February and more than doubles the ratio from nine years ago.

President Donald Trump's second term continues to spark emotions - most recently with the approval of his controversial "One, Big, Beautiful Bill." What the polls reveal.

As President Donald Trump continues to fume over Federal Reserve policy, a new report finds inflation is up, while consumer spending and income are down.

Key Takeaways A June report on the Consumer Price Index should show a bump in the inflation rate, possibly due to the impact of President Donald Trump's tariffs.Some forecasters expect tariffs to have an "undeniable" effect on prices,

The White House payroll this year is the smallest it's been in more than a decade when you factor in inflation. Rachel O'Brien, who is the deputy public policy editor at Open the Books.com, said the Trump administration has 404 employees in 2025. She said the administration is spending roughly $44 million to pay them.

Inflation has eased since Trump took office, meaning prices have risen at a slower pace than they had been at the end of the Biden administration. Consumer prices increased 2.4% in May compared to a year earlier, hovering near the lowest inflation since 2021.

The White House has stepped up its attacks on Federal Reserve Chair Jerome Powell, criticizing him over renovations at the central bank's Washington, D.C. headquarters.

The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel the central bank to lower its benchmark interest rate. The Fed has the right to act independently, and its aim is to promote a healthy and stable economy by keeping inflation in check.