DRUDGE REPORT 30 April 2025

READY FOR RECESSION!

 

US economy shrinks as companies race to get ahead of Trump tariffs | BBC...

 

US economy contracts in the first quarter

By Lucia Mutikani

April 30, 20257:35 AM PDTUpdated 6 min ago

Reuters

2 hours ago

US economy contracts in the first quarter 

Top stories

CNN

US economy goes into reverse from Trump’s abrupt policy shifts

1 hour ago

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The New York Times

Trump Blames Biden After U.S. Economy Shrinks Amid Tariff War

4 hours ago

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NBC News

Stocks slide as GDP falls amid import surge ahead of Trump tariffs; Dow drops on economic uncertainty

2 hours ago

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CBS News

U.S. economy went into reverse in the first quarter, new GDP data shows

1 hour ago

WSJ

U.S. Economy Shrank in First Quarter as Imports Surged Ahead of Tariffs

9 hours ago

SOMETHING ELSE....Bloomberg Clips/Trump's 100 Days Double Speak

 

Trump Says He's Off to Best Start as President. The Economy Says Something Else

Trump’s second term begins with a decline in US GDP, while jobs and prices hold steady. On almost all fronts, the outlook is getting worse.

Investors Want Clarity From Trump After a Wild April for Stocks

Markets Wrap

Stocks Pare Slide as Weak Data Put Pressure on Fed

Trump Says He Deserves a ‘Pass’ on Data Showing GDP Contraction

Watch (3:03)

US Economy Shrinks as Imports Surge in First Quarter

Trump’s Tariffs

Unpacking the ChaosSupply ShockTariffs by Country

Allison Zaucha/Bloomberg

Trump Tells Court His Tariffs Can’t Be Reviewed by Judges

Ford CEO Says More Work Needed After Trump’s Auto Tariff Relief

Big Price Hikes Undercut Trump Bet China Will Absorb Tariffs

War in Ukraine

Global RisksTrump's ViewsUS Sanctions Proposal

Vincent Mundy/Bloomberg

Exclusive

Ukraine and US Working on Last Details of Critical Minerals Deal

The two sides have agreed on the main accord and are now working on some technical elements in separate texts, sources say.

Russia Steps Up Attacks on Ukraine as US Ceasefire Push Stumbles

Bloomberg Opinion

The GDP Drop Isn’t as Bad as It Looks

The economic contraction last quarter should make policymakers cautious about an extended trade war.

By Jonathan Levin, Columnist

 

 

 

 

Seabed Mining Is a New Front in the US Versus the World

By Liam Denning, Columnist

 

 

 

 

Hegseth’s Pentagon Is a Mess. Here’s How to Fix It.

By James Stavridis, Columnist

What If Bureaucracy Is… Good?

By Beth Kowitt, Columnist

Michael Nagle/Bloomberg

 

 

 

 

 

 

Citadel Securities Warns SEC That Private Rooms, 24-Hour Trading Are Emerging Risks

Ken Griffin’s market-making firm sent more than 30 recommendations to the agency.

Google Street View

 

 

 

 

 

 

 

 

 

Chicago Tower Hitting Market at Big Discount Shows City’s Stress

The 31-story office tower at 125 S. Wacker Drive is expected to generate bids 59% lower than its last purchase price about eight years ago.

NYC Lost $9 Billion of Income to Miami, Palm Beach in Five Years

Kent Nishimura/Bloomberg

The Big Take

A $6 Billion Shortfall Has US Mass Transit Facing a Death Spiral

The federal government stepped in with $70 billion to get commuter rail and bus service through the pandemic. The funds are running out.

CityLab Perspective

The Last Thing US Transit Agencies Should Do Now

Latest

3 min

Thirteen Mother’s Day Gifts That Tell Her Just How Special She Is

8 min

Supreme Court Signals Deep Divide on Religious Charter Schools

17 min

Investors Want Clarity From Trump After a Wild April for Stocks

23 min

Ares Seeks Partners for $5.5 Billion Dun & Bradstreet Financing

29 min

Chicago Tower Hitting Market at Big Discount Shows City’s Stress

30 min

China Lifts Sanctions on European Lawmakers Amid Trump Tariffs

See all latest

Listen, Watch and Catch Up

Newsletter: Cyber Bulletin

Snowflake Cyber Boss Offers Lessons From Last Year’s Hack of Customers

Newsletter: Deals

Singapore M&A Is Keeping Out of Trump's Way

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Bloomberg Talks: Eric Rosengren

Listen (44:55)

Bloomberg Surveillance: Market Drivers

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Bloomberg Surveillance TV: April 30, 2025

Listen (5:45)

Single Best Idea: Caron & Tchir

Bloomberg News Now

Listen to the latest: Markets Lower, Trump Blames Biden for Economy, More

4:39

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