The discussion covered the U.S. tariff policy, with a 10% baseline for other countries and a 125% tariff for China due to their escalation. Matt Gagnon highlighted the delay in the Republican budget blueprint vote due to conservative opposition, emphasizing the need for Congress to act on executive orders for permanence. He noted the volatility in the stock and bond markets, with the bond market valued at $50 trillion and a $9 trillion refinancing need this year. Gagnon also discussed the impact of rising bond yields on debt repayment costs, comparing it to Pentagon spending. He stressed the importance of economic growth metrics since 2008 and the need for a coherent strategy to address the country’s fiscal situation.
Maine radio legend Bud Sawyer has passed away at 94. WGAN remembers the longtime broadcaster, who began at the station in 1962 before becoming a familiar voice at WPOR.
The horse-drawn carriages that have cruised through Central Park for more than 150 years will soon be banished from New York City, ending an iconic tradition beloved by tourists but long opposed by animal welfare activists.
Trees fell onto homes and utility poles were knocked down by a possible tornado in a central Arizona community during a series of violent storms that moved through the state overnight into Thursday.
The Orionids — one of two major meteor showers caused by remnants from Halley's comet — will peak this week, though a large moon will dim visibility until after it sets late at night.
Six Flags Over Georgia opened its gates Friday evening for the first time since a man fell to his death from one of the amusement park's towering roller coasters.
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