Matt Gagnon discusses the trustworthiness of economic data, emphasizing the importance of timely, albeit imperfect, estimates for policy and business decisions. He explains the process of revising job reports, noting that initial estimates are revised as more data becomes available, with final accurate figures available a year later. Gagnon criticizes the Trump administration’s economic policies, particularly tariffs, arguing they hinder economic activity, reduce exports, and inflate costs, ultimately leading to less economic growth and job creation. He contrasts this with the first Trump administration and highlights the predictable downward revisions in economic data. Gagnon also touches on the broader issues of honest media commentary and the challenges of making non-partisan critiques.
Five years ago, video images from a Minneapolis street showing a police officer kneeling on the neck of George Floyd as his life slipped away ignited a social movement. Now, videos from another Minneapolis street showing the last moments of Renee Good's life are central to another debate about law enforcement in America.
As anger and outrage spilled out onto Minneapolis' streets over the fatal shooting of a woman by an Immigration and Customs Enforcement officer, a new shooting by federal officers in Oregon left two people wounded, sparked additional protests and elicited more scrutiny of enforcement operations across the U.S.
The state of Minnesota must play a role in investigating the fatal shooting of a Minneapolis woman by an Immigration and Customs Enforcement officer, Gov. Tim Walz insisted Thursday, pushing back against the Trump administration's decision to keep the investigation solely in federal hands.
The Senate is expected to vote on a resolution Thursday that would limit President Donald Trump's ability to conduct further attacks against Venezuela, setting up a test for his expanding ambitions in the Western Hemisphere.