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Wednesday, feb 26
Tag:
President Donald Trump
Business
Recession Fears Rise As Consumer Confidence Sees Steepest Drop Since 2021
Consumer confidence took its biggest dive in more than three years, adding to growing concerns over inflation, job security, and the broader economy — as Americans grapple with high prices and uncertain financial conditions. The Conference Board's Consumer Confidence Index fell 7.0 points in February to 98.3, the nonprofit business research group said on Tuesday, Feb, 25. That marks the metric's steepest monthly decline since August 2021. The Expectations Index also dropped 9.3 points to 72.9. That number gauges consumers' outlook on jobs, income, and business conditions. Fo…
Politics
Trump Holdover From Northern Westchester Fired By Biden Says He Won't Leave Government Post
A Westchester County resident who was serving as the Social Security commissioner after being appointed to the post by former President Donald Trump said he won't leave his post, despite being fired by President Joe Biden. The Washington Post reported that Andrew Saul, who had been working remotely from his home in Katonah, said he was blindsided by his firing. His term was set to end in 2025. Saul's access to agency computers was cut off on Monday, July 12, the day his acting successor, Kilolo Kijakazi, took over, The Washington Post said. Experts told the Post that …