Cabot Phillips

Here's Trump speaking to Chinese tariffs on Meet the Press Sunday.

Here's Trump speaking to Chinese tariffs on Meet the Press Sunday.

Yeah, it's certainly been a mixed bag on the economic front. Those labor numbers did show that the median duration of unemployment for those out of work rose last month, while consumer spending dipped from 4% last quarter to 1.8% this quarter. So folks getting a little tighter with their money. And most concerning, we learned that last week, the US economy shrank in quarter one by 0.3%.

Yeah, it's certainly been a mixed bag on the economic front. Those labor numbers did show that the median duration of unemployment for those out of work rose last month, while consumer spending dipped from 4% last quarter to 1.8% this quarter. So folks getting a little tighter with their money. And most concerning, we learned that last week, the US economy shrank in quarter one by 0.3%.

That is the first quarterly contraction we've seen since 2021. That decline was driven by a surge in imports,

That is the first quarterly contraction we've seen since 2021. That decline was driven by a surge in imports,

as american companies were rushing to try and bring in as many goods as possible before liberation day took place and typically a higher ratio of imports to exports leads to a falling gdp now for his part president trump continued to express optimism that this is a minor disruption for a major economic revolution here he is again sunday stock market look at what's happened in the last short period of time it didn't have nine or ten days in a row or 11 days where it's gone up

as american companies were rushing to try and bring in as many goods as possible before liberation day took place and typically a higher ratio of imports to exports leads to a falling gdp now for his part president trump continued to express optimism that this is a minor disruption for a major economic revolution here he is again sunday stock market look at what's happened in the last short period of time it didn't have nine or ten days in a row or 11 days where it's gone up

And while we're talking about Wall Street, we have to mention the legendary investor Warren Buffett did announce his retirement this weekend. He'll be stepping down as CEO of Berkshire Hathaway. The 94-year-old says he'll still be hanging around. but will pass his responsibilities to Greg Abel, who will now take over the trillion-dollar investment fund. So, big shoes to fill.

And while we're talking about Wall Street, we have to mention the legendary investor Warren Buffett did announce his retirement this weekend. He'll be stepping down as CEO of Berkshire Hathaway. The 94-year-old says he'll still be hanging around. but will pass his responsibilities to Greg Abel, who will now take over the trillion-dollar investment fund. So, big shoes to fill.

Yep.

Yep.

Daily Wire senior editor Cabot Phillips spent the day with Burgum, who touched on everything from energy independence to illegal immigration and the renaming of the Gulf of Mexico. In this episode, we bring you that full interview.

Daily Wire senior editor Cabot Phillips spent the day with Burgum, who touched on everything from energy independence to illegal immigration and the renaming of the Gulf of Mexico. In this episode, we bring you that full interview.

Yeah, a rollercoaster story from the White House on Thursday. In the morning, numerous outlets reported that President Trump was firing his national security advisor, Mike Waltz. But hours later, Trump threw a major curveball, announcing that Waltz would be leaving his role as NSA, but would be nominated to serve as ambassador to the United Nations.

Yeah, a rollercoaster story from the White House on Thursday. In the morning, numerous outlets reported that President Trump was firing his national security advisor, Mike Waltz. But hours later, Trump threw a major curveball, announcing that Waltz would be leaving his role as NSA, but would be nominated to serve as ambassador to the United Nations.

Writing on Truth Social, the president said, quote, from his time in uniform on the battlefield, in Congress, and as my national security advisor, Mike Waltz has worked hard to put our nation's interests first. I know he'll do the same in his new role.

Writing on Truth Social, the president said, quote, from his time in uniform on the battlefield, in Congress, and as my national security advisor, Mike Waltz has worked hard to put our nation's interests first. I know he'll do the same in his new role.

Now, the president had initially tapped Congresswoman Elise Stefanik to serve as UN ambassador, but she withdrew with the White House saying her efforts would be better served in the House, where Republicans hold a slim majority. So now Waltz stepping in.

Now, the president had initially tapped Congresswoman Elise Stefanik to serve as UN ambassador, but she withdrew with the White House saying her efforts would be better served in the House, where Republicans hold a slim majority. So now Waltz stepping in.