Ed Kalecki
๐ค SpeakerAppearances Over Time
Podcast Appearances
U.S.
envoy Steve Witkoff says there was meaningful progress during yesterday's talks.
He says both sides agreed to keep working toward a deal.
National Economic Council Director Kevin Hassett said a study from the Federal Reserve Bank of New York showing U.S.
companies bear most of the tariff burden is an embarrassment, and the people associated with it should be disciplined.
Hassett spoke on CNBC.
Incomes are up way more than the cost of living, and that's the real wage gain
that this silly Fed study neglects to mention.
Hassett said U.S.
consumers will be made better off by tariffs.
The paper published last week by the New York Fed found that nearly 90 percent of the economic burden from tariffs in 2025 was borne by U.S.
companies and consumers.
The New York Fed did not immediately respond to a request for comment.
Axios reports Marco Rubio has been holding secret talks with the grandson and caretaker of Cuba's aging de facto dictator Raul Castro, bypassing official Cuban government channels and putting unprecedented pressure on Havana's regime.
At the Winter Olympics, Michaela Schifrin wins gold in Olympic women's slalom, which breaks her 11-year medal drought at the Winter Games.
The metal count at last check.
Norway leads with 33.
Italy has 25.
The U.S.
is third with 24.