Georgia Howell
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Podcast Appearances
Despite fears that the war with Iran and rising inflation could hammer the economy, the latest jobs report delivered a surprise.
American employers added more jobs than expected in April.
Hiring was especially strong in health care, retail, and hospitality, while unemployment held steady at 4.3%.
However, the broader U6 unemployment rate, which includes discouraged workers and Americans stuck in part-time jobs who want full-time work, rose to 8.2%.
Federal Reserve officials must now weigh a resilient labor market against inflation, energy prices, and growing uncertainty about the war in Iran and AI disruption.
White House economists estimate that President Trump's deals to drop drug prices could save over half a trillion dollars over the next 10 years.
The White House released the projections as Trump and Republicans gear up to pitch the administration's record on the economy ahead of midterms.
The president has paid special attention to drug prices, wanting to eliminate the disparity between the prices Americans pay and the much lower prices for drugs in other countries.
So far, the administration has struck agreements to lower prices with 17 global drug makers.
while White House officials work with Congress on ways to make the savings last.
Elon Musk is being summoned to France to face criminal charges.
Daily Wire culture reporter Megan Basham has more.
UK Prime Minister Keir Starmer faces mounting political pressure as early results in Britain's nationwide local elections showed both major losses for the Labour Party and significant gains for the Reform UK party led by Nigel Farage.
Vote counts across England suggest Labour was losing hundreds of council seats while Reform made major advances on an anti-establishment and anti-immigration platform.
Starmer acknowledged the results were, quote, very tough, but insisted he will continue pursuing the agenda he promised to voters.
The elections also highlighted broader fractures in Britain's traditional two-party system, with the Green Party, Plaid Cymru, and the Scottish National Party all making gains alongside reform.
Policy reversals, cost of living frustrations, and controversy surrounding appointments within Starmer's government have all fueled speculation that senior labor figures could challenge him before the next general election.
One of the preeminent education and coursework apps, Canvas, went dark this week after a ransom note from a supposed hacker was posted on their platform.
Across thousands of schools, including Ivy League institutions like Harvard and Berkeley, students lost access to coursework and just in time for finals.
Instructure, the company behind Canvas, said the hacker had managed to access names, email addresses, and even messages between students using the application.