Core PCE Prints Cooler Than Expected Due To Change In Methodology, As Savings Rate Plunges To 3 Year Low

Newsom Vows 100% Tax On Trump "Anti-Weaponization Fund" Payouts Authored by AG News Staff via American Greatness, California Gov. Gavin Newsom said Wednesday that his administration will seek to impose a 100 percent tax on any California residents who receive money from President Donald Trump's newly created $1.776 billion "anti-weaponization" fund. Speaking to reporters, Newsom denounced the fund as a "slush fund" and pledged to block Californians from financially benefiting from it. "Anyone from California that receives any of those funds, we want to tax 100 percent of those proceeds," Newsom said during...

Boards Are Replacing CEOs At The Fastest Pace In Over A Decade A historic wave of leadership change is sweeping corporate America. Across 1,500 of the largest publicly traded companies, roughly one in nine CEOs was replaced last year—the highest churn since the post-financial-crisis years., according to the Wall Street Journal. The turnover has ushered in the largest cohort of new chief executives in more than a decade, and they’re arriving younger and, in many cases, with thinner résumés than their predecessors. The shake-up hasn’t slowed in 2026. Companies including Walmart, Procter...

Kremlin Welcomes Trump Call For Ukraine To Halt Attacks On Diesel Infrastructure, Praises 'Flexibility'  The Kremlin has welcomed President Trump's weekend call for Ukraine to stop attacking Russian diesel supply and infrastructure sites. The somewhat surprise remarks which will only serve to further pressure the Zelensky government came when pressed by a reporter on Sunday. Trump responded by saying Zelensky "has to do one thing. He has to stop knocking out diesel fuel in Russia." The US president said at the sidelines of the Irish Open on Sunday, "There are plenty of...