I will be heading to Washington DC tomorrow to meet with President Trump in the White House. It is customary for an incoming mayor of this city to meet with the White House. Given the mutual reliance, it's more critical than ever given the national crisis of affordability, one that New Yorkers know very well across these five burrows, and the specific challenge many cities are facing with balancing public safety against steps taken by this administration.I have many disagreements with the president and I be ...

Mortgage rates climbed for a third week, further squeezing affordability for homebuyers https://t.co/KW7dHRp4Fb ...

President Trump saying he's going to meet with New York City Mayor Electron Mandami at the White House. President making that announcement in a post on Truth Social, in which he also called Mandami a communist. In a statement, Mandami spokesperson said it's customary for an incoming mayor to meet with the president and that Mandami plans to talk with Trump about public safety, what he says is economic security and affordability.I kind of want to be a fly on the wall at that meeting. >> Yeah, he had said he ...

The hot topic of the hour, the US and Saudi Arabia holding a massive investment forum at the Kennedy Center yesterday in Washington. I was the co-match. We are joined by more than 90 influential speakers, more than 1700 leaders and delegates, eight high impact sessions and countless private negotiations.And at the heart of this moment are the investment agreements, commitments from companies and institutions in both great nations that will shape the most vital industries of the future. President Trump touti ...

Core Insights - Walmart U.S. grocery category experienced low single-digit comparable sales growth in Q3, primarily driven by fresh and pantry items [3] - The company reported a like-for-like grocery inflation of approximately 130 basis points, a decrease of about 20 basis points from the previous quarter [3] Pricing and Promotions - Walmart's Thanksgiving meal deal, offering meals for 10 people at under $4 each, is part of its strategy to promote affordability during the holiday season [4] - The price of Butterball turkeys is set at 97 cents per pound, marking the lowest price since 2019 [4] Impact of Tariffs - Earlier concerns regarding tariffs increasing the cost of goods have not materialized, with less impact observed than initially expected [5][6] - The only significant price pressure noted is in the beef category, influenced by commodity prices and herd size cycles [6] E-commerce Growth - Grocery e-commerce sales grew by double digits, reflecting strong customer demand for delivery convenience [6] - E-commerce orders fulfilled in stores increased nearly 50%, with a third of those orders completed in three hours or less [7] - Expedited deliveries rose by 70% during the quarter, reaching 95% of U.S. households [7] Store Expansion and Membership Growth - Walmart opened two supercenters and two Neighborhood Markets in the U.S. and completed around 280 store remodels in Q3 [8] - The Walmart+ membership program saw double-digit growth in fee income in the U.S. [8] Sales Performance - Walmart's U.S. comparable-store sales excluding fuel rose by 4.5% in Q3 of fiscal year 2026, driven by increased transactions and unit volumes [9] - The company achieved its seventh consecutive quarter of e-commerce growth above 20% [9] - Approximately half of the 7,400 temporary price reductions currently in place are related to food items, as Walmart continues to focus on affordability [9]

Healthcare Affordability & Outcomes - US healthcare is inexplicably unaffordable compared to other developed countries [1] - The US spends more per capita on healthcare than any other developed country [1] - Despite high spending, the US has some of the worst health outcomes [1] Healthcare Workforce Challenges - Doctors and nurses are experiencing burnout and leaving the profession [1] - There are difficulties attracting people to primary care doctor positions, especially in rural areas [1][2] - An aging population is increasing healthcare needs [2] Opportunities for Improvement - The current healthcare system is not working, creating an opportunity for change [2] - A better future vision for healthcare should be rooted in data, evidence, and science [2] - The new vision should acknowledge what is unknown and be deserving of people's trust [2]

honored to stand before you as the very first former McDonald's fry cook ever to become president of the United States. I want to give a very special thanks to McDonald's for slashing prices for your most popular items, bringing back extra value meals, and I hear you're recommitting to the affordable options of Americans that we really know and love, all of the items that we love. And I hear that McDonald's is playing a very big role in that.We're getting prices down for this country, making America afforda ...

Core Insights - President Trump emphasized the need for McDonald's to enhance the Filet-O-Fish by adding more tartar sauce, reflecting his personal preferences and customer feedback [1] - Trump humorously claimed to be the first former McDonald's fry cook to become president, using this to contrast his experience with that of his political opponent, Kamala Harris [2][4] - The president expressed his loyalty to McDonald's, highlighting that he often chose the fast-food chain over expensive catering during his campaign [4] Economic Context - Trump addressed the issue of affordability, acknowledging that while some prices remain high, his administration has made progress in reducing costs for various food items [6][10] - He reported a 14% decrease in breakfast item prices over the past six months, with specific mentions of bread, dairy, and eggs, which have seen an 86% decline since March [11] - The president credited McDonald's for contributing to price reductions and portrayed the company as a partner in his vision for economic improvement [11][12] Market Performance - Trump noted that the stock market reached an all-time high 48 times in nine months, indicating a rebound in the economy under his leadership [11] - He expressed optimism about future economic prosperity, stating that the country is on a path to becoming "richer, stronger, prouder, and happier" [12][13]

President Trump yesterday put a vague timeline on when Americans might receive tariff dividend checks. An idea he's been floating for weeks. >> We're going to be issuing dividends later on some somewhere prior to, you know, probably in the middle of next year, a little bit later than that of thousands of dollars for individuals of moderate income, middle income.Uh we're going to pay down debt. You know, we have a lot of money from tariffs. If we didn't have tariffs, the station would be in serious trouble a ...

Economic Performance - President Trump's economic record shows strong growth with minimal inflation compared to President Biden's tenure [1][2] - Under Trump, grocery prices have risen at a 2.1% annual rate, while under Biden, they increased by 5.4% annually, cumulatively rising 23% [2][3] Wage Growth - Typical family wages have increased over 4% under Trump, outpacing grocery price increases, which have only risen 1.4% cumulatively during his 8 months [3][4] - Real wages collapsed under Biden due to grocery prices rising significantly higher than wages, whereas Trump's policies have led to wages rising faster than prices [4] Economic Policies - Trump's economic strategies, including tax cuts and deregulation, are credited with fostering supply-side growth and lower inflation, which are essential for affordability and prosperity [5] - The GDP growth rate for Trump's first quarter was 3.8%, with a forecast of 4.1% for the second quarter, indicating strong economic performance [5] Political Context - The government shutdown during Trump's presidency was perceived as an attempt by Democrats to undermine his successes, which was not well-received by the public [6]