THE SITUATION REPORT:  Stocks bounced back yesterday after President Trump announced a one-month reprieve for tariffs levied on cars imported from Canada and Mexico. Trump had not mentioned his tariffs or their influence on the markets in his thundering speech Tuesday …

BUT ENOUGH ABOUT ME: President Trump delivered a two-hour advertisement for himself last night before a joint session of Congress opening up with “America is back!”    Trump recapped his many opening moves and executive orders, from freezing foreign aid, to shrinking …

THE STATE OF AFFAIRS: President Trump imposed steep tariffs just after midnight on goods imported from China, Canada, and Mexico. China and Canada retaliated immediately.     Trump has triggered a trade war with the country’s biggest trading partners claiming it’s to pressure …

March 3, 2025 Vol. 14, No. 2312 AND THE OSCAR GOES TO: The independent film Anora won five Oscars last night, including Best Picture and Best Actress for its breakout star Mikey Madison. She plays a prostitute who marries the son of a Russian oligarch and …

AMERICA FIRST: Donald Trump’s drive for “America First” is quickly becoming America Alone. He’s putting up walls against the rest of. the world.   Trump said yesterday that high tariffs on goods from Mexico and Canada will go into effect on March …

PAYBACK:  President Trump says Ukraine President Volodymyr Zelensky will come to Washington to endorse an agreement in which he signs over part of the rights to valuable minerals mined in his country as reimbursement for billions of dollars in military aid. …

REIGN OF CONFUSION: The Office of Personnel Management told federal employees yesterday that they can ignore Elon Musk’s “What did you do last week?” email shortly before Musk renewed his command.     Governing by social media, Musk posted that, “Subject to the discretion of the …

THE PURGE: The Trump administration yesterday sent out emails  firing 2,000 employees of the US Agency for International Development and putting thousands of foreign service workers around the world on paid leave.   This came after a federal judge on Friday ruled that …

THE PURGE: President Trump yesterday fired Air Force Gen. Charles Brown Jr., the chairman of the military Joint Chiefs, upending the tradition that chairman remains in place as administrations change.   Trump did not give a reason for the firing but he has …

YOU’RE FIRED: A federal judge denied an effort by labor unions to block the Trump administration’s mass firings of federal workers.    In line with that, the Internal Revenue Service is expected to sack 6,000 or more people just as tax season is …