*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."
The sentencing for former Proud Boys leader Enrique Tarrio over his role in the Jan. 6 insurrection was canceled after the presiding judge was out sick.
A judgment has been issued against Rudy Giuliani in the defamation lawsuit brought by two Georgia election workers.
The Biden administration said it will send an additional $250 million in weapons and ammunition to Ukraine.
President Joe Biden is hosting Costa Rican President Rodrigo Chavez at the White House.
Republican lawmakers voted to temporarily silence a member of the so-called 'Tennessee Three' during a House session on Monday.
New video showed detained American Paul Whelan inside a Russian prison camp.
Russian President Vladimir Putin will not attend mercenary chief Yevgeny Prigozhin's funeral, according to the Kremlin.
The Biden administration is targeting the blood thinner Eliquis, diabetes treatment Jardiance and eight other medications for Medicare's first-ever drug price negotiations as it seeks to lower medical costs for Americans.
A medical rescue helicopter caught fire and broke apart shortly after takeoff Monday before crashing into an apartment complex near Fort Lauderdale, killing a paramedic captain on board and a resident on the ground, authorities said.
A report showed that 2022 saw a record number of requests to ban books at U.S. public schools.
Load More