In case you were placing bets on how long into his second term it would take for President Trump to start weighing in on interest rate policy, we learned the answer Thursday: 71 hours.
Why it matters: Trump telling the Fed what he thinks it should do is nothing new. But the details of the president's message about interest rates, inflation, and oil prices are worth parsing.
January's icy weather demonstrates the differences between regional weather and climate conditions.
Why it matters: The former is governed by disturbances in the jet stream and other factors, while the latter is more driven by influences such as human emissions of greenhouse gases.
Data center work is a burgeoning field in parts of the American Southeast and elsewhere, but raw job numbers aren't generally much to write home about yet.
Fresh California wildfires ignited in Southern California on Thursday during "critical" fire weather, leaving tens of thousands of people under evacuation orders.
The big picture: The Hughes Fire, north of Los Angeles, and San Diego County's Border 2 Fire were among the biggest threats as the destructive Eaton and Palisades fires continued to burn during the fourth straight day of red flag warnings amid dry, windy conditions.
House Minority Leader Hakeem Jeffries (D-N.Y.) said Thursday that it is a "nonstarter" to attach California wildfire aid to a debt limit increase, throwing cold water on an idea floated by Speaker Mike Johnson (R-La.).
Why it matters: Given Johnson's narrow margins in the House, any dissent from House Democrats could further complicate the speaker's efforts to strike a deal ahead of the looming showdown over raising the federal borrowing cap.
President Trump said in a virtual address at the World Economic Forum on Thursday that his administration is going to give "rapid approvals" to AI companies looking to build power plants attached to their data centers.
Why it matters: This makes it clear that a motivation for his national energy emergency declaration is easing construction of new fossil fueled-power plants to serve AI data centers.
President Trump celebrated the start of his administration Thursday while addressing the World Economic Forum in Davos, Switzerland, lauding his agenda while taking digs at former President Biden.
Why it matters: Trump vowed this week to usher in a "golden age" in the U.S. andimmediately issued a flurry of executive orders reshaping the country's immigration and environmental policies, civil rights protections and federal workforce.
President Trump's order to revoke what he calls the "EV mandate" gives automakers a welcome reprieve from regulatory hurdles — but could make it harder for them to compete on a global scale with Chinese rivals.
Why it matters: The rise of lower-cost Chinese manufacturers is an existential threat to U.S. car companies that are already in the midst of a once-in-a-century transformation.
President Trump plans to have a "whole big discussion very shortly" on the Federal Emergency Management Agency because he'd "rather see the states take care of their own problems," according to an interview broadcast Wednesday evening.
Why it matters: Trump has signed a multitude of executive orders since taking office again on Monday and he indicated on Fox News in his first interview since being inaugurated that he could have FEMA in his sights.
