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All right, we got some breaking news out of Washington DC. The Treasury Department is releasing its monthly interest statement and Megan Cassella is all over the story. She's got the details.Megan, Don, that's exactly right. This time it was another big deficit month for the US Treasury. The US running a $345 billion deficit for the month of August.That compares with about $300 billion expected among economists surveyed by Dow Jones. Now, on an adjusted basis, that accounts for standard calendar differences ...

Trade Negotiations - India is under pressure to open its market and cease purchasing Russian oil, which has increased from 1% to 40% of its oil imports since the Ukraine war began [1] - Upcoming trade deals are anticipated with Taiwan and Switzerland, while South Korea's compliance with agreements remains to be seen [1] Success Stories in Trade Agreements - The trade agreement with Europe involves 450 million people and a 20 trillion dollar economy, allowing for complete market access to the U.S. and a 15% tariff payment [1] - Japan has committed 550 billion dollars for investments in the U.S., including infrastructure projects like the Alaska pipeline and nuclear power plants, in exchange for tariff reductions [1] Economic Impact - Tariffs are generating 40 billion dollars monthly, contributing to deficit reduction without significantly causing inflation [1] - A projected 10 trillion dollars in factory construction is expected, leading to a surge in construction jobs and GDP growth exceeding 4% next year [1]

Joining us right now is our special guest, David Rubenstein. He's co-founder and co-chairman of the Carile Group. He's also the owner of the Baltimore Orioles.And David, there are so many directions we could go with you. I was thinking about starting with inflation because we have a consumer price index coming up in a about an hour and a half. But you sat down and started talking about some numbers that you looked back.We're celebrating our 30th anniversary and you looked back 30 years ago. Uh what struck y ...

Trade & Inflation - The author suggests tariffs are not inflationary [1] - The author anticipates economists may not apologize for previous statements [1]

If the Supreme Court rules in favor of the president on tariffs, it could greenlight his raising other new tax revenue without Congress, WSJ’s @greg_ip writes https://t.co/DYHYpSB1ZS ...

Xi Jinping has retaliated against Donald Trump with his own tariffs. China is now courting other parts of the world. What does all this mean in practice? https://t.co/LXt5TJoFo9 ...

Five things to know ahead of the opening bell. The Supreme Court agreeing to hear the White House's appeal of lower the lower court ruling that many of President Trump's tariffs are illegal. It's going to hear oral arguments in the first week of November.In other tariff news, tensions could be easing between the US and India. In a post on Truth Social yesterday, President Trump saying India and the US are continuing negotiations to address the trade barriers between our two nations. Then last night on X, Mo ...

The last word with Lawrence O'Donnell starts right now. Hey Lawrence. Hey Jen.Uh so Donald Trump went out to a restaurant in Washington DC tonight. As if that's a big deal for presidents. Uh President Obama used to do it with some regularity and uh it was completely normal part of the schedule uh when you were working there, wasn't it.Yeah. Also, he went to a fancyish restaurant. Not a crime, but went to one that was very close to the White House.So, it wasn't like he was venturing out into the city of DC t ...

And joining me now exclusively is Treasury Secretary Scott Bessant. Mr.. Secretary, welcome back to Meet the Press. Good morning. Good morning. Thank you so much for being here. I do want to start right there on the jobs numbers. National Economic Council Director Kevin Hasset told me in an interview the numbers look quote weak. And you just heard me say there that Moody's chief economist called this a jobs recession. I want to give you the opportunity to respond to Mark Xandandy. Do you see this as a jobs ...