As US edges closer to stagflation, economists blame Trump policies

Global stock markets are experiencing significant declines, with bitcoin losing all its gains from this year. Concerns are mounting that the current boom in artificial intelligence (AI) may be a bubble poised to burst, leading to increased volatility in financial markets. Investors are becoming increasingly cautious, reflecting a broader sentiment of risk aversion as they reassess their positions in light of these developments.

Donald Trump's 2024 campaign strategy has focused on inflation and racial grievances among his Maga base. While inflation peaked at 9% in July 2022 and later fell to 2.7%, many voters still associate economic stewardship with Trump. However, his emphasis on racial issues and hostility towards immigrants has overshadowed economic concerns, leading to voter backlash in recent elections. This shift in focus has cost him support as economic grievances resurface among his constituents.

Healthcare costs in the United States now account for nearly one-fifth of the economy, contributing significantly to the affordability crisis. Newt Gingrich highlights that a price transparency order issued by former President Trump presents a viable solution to this ongoing issue.

President Trump has urged House Republicans to vote in favor of releasing files related to Jeffrey Epstein, asserting that there is 'nothing to hide.' He characterized the controversy surrounding these files as a 'Democrat hoax,' suggesting that the issue is politically motivated. This call to action comes amid ongoing discussions about transparency and accountability regarding Epstein's connections and activities.

President Donald Trump has urged House Republicans to vote in favor of releasing files related to Jeffrey Epstein, the late convicted sex offender. This marks a significant shift in Trump's stance on the issue, which he has previously opposed. In a statement on Truth Social, Trump asserted that there is 'nothing to hide' and described the situation as a 'Democrat Hoax' aimed at distracting from the successes of the Republican Party.

President Trump has called on House Republicans to vote in favor of releasing files related to convicted sex offender Jeffrey Epstein, marking a reversal from his previous stance. This announcement comes as indications suggest that a vote on this measure, prompted by a discharge petition, could garner significant Republican support despite Trump's earlier opposition.

Former President Donald Trump has urged House Republicans to vote in favor of releasing files related to Jeffrey Epstein, marking a significant shift in his stance. Trump stated on social media, 'We have nothing to hide,' and criticized the Democrats, calling the situation a 'Democrat Hoax' aimed at distracting from the Republican Party's successes. This call comes amid ongoing discussions about transparency and accountability in political matters.