*By Carlo Versano*
The White House dispatched chief economic adviser Larry Kudlow to speak to reporters Thursday morning as markets turned deep red in a day marked by volatility and which added to the sell-off in tech stocks.
Kudlow told Cheddar's J.D. Durkin the administration remains bullish on the economy ー and he noted that the tech sector, in particular, was up 50 percent since President Trump's election, "even with this correction."
"That ain't bad," he said.
Kudlow wouldn't disclose whether he advises Trump to speak less critically of the actions of the Federal Reserve ー for which presidents typically reserve a church-and-state type attitude. Trump, for his part, called the Fed "loco" on Wednesday for raising interest rates.
Kudlow told Cheddar: "The advice I give to the president is the advice I give to the president. It's entirely private."
California Gov. Gavin Newsom signed a bill that would prohibit book bans.
The jurors in Donald Trump's election interference trial will be unnamed.
Hunter Biden is suing Rudy Giuliani over allegedly accessing data from his personal laptop.
With a looming government shutdown, the House of Representatives is set to vote to advance four separate spending bills advanced by GOP hardliners.
Social media users take note: You won't be able to snap that fall foliage selfie at a popular Vermont spot. The town has temporarily closed the road to nonresidents due to overcrowding and “poorly behaved tourists.”
A pair of front-row balcony tickets to Ford’s Theatre on April 14, 1865 — the night President Abraham Lincoln was assassinated by John Wilkes Booth — sold at auction for $262,500, according to a Boston-based auction house.
President Joe Biden grabbed a bullhorn on the picket line Tuesday and urged striking auto workers to “stick with it” in an unparalleled show of support for organized labor by a modern president.
The Supreme Court on Tuesday allowed the drawing of a new Alabama congressional map with greater representation for Black voters to proceed. The new districts also could help Democrats trying to flip control of the House of Representatives.
Sen. Bob Menendez was defiant amid calls for his resignation as he faces bribery charges.
The House of Representatives is set to vote to advance four separate funding bills as a shutdown looms.
Load More