S&P 500 earnings are in for 2025 Q1, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red line), a fairly valued P/E of 15 (blue line), or an undervalued P/E of ...
Senate Minority Leader Chuck Schumer, D-N.Y., forced a name change for President Donald Trump’s ‘big, beautiful bill’ moments before the legislative package passed the upper chamber of Congress. While Sen. Pete Ricketts, R-Neb., was chairing the Senate, Schumer raised a point of order against lines three to five on the first page of the legislative proposal that said, ‘SHORT TITLE. ...
The Trump administration released data on Tuesday morning showing that it had slashed the federal government workforce, while promising that there is more to come as Trump continues his push to rid the government of waste. Data released by the U.S. Office of Personnel Management (OPM) shows that the United States employs 2,289,472 federal workers as of March 31, which ...
A pair of Republican oversight hawks escalated a complaint on Tuesday about a district court judge who is presiding over one of the Trump administration’s cases, alleging the judge has a financial conflict of interest. Reps. Jim Jordan, R-Ohio, and Darrell Issa, R-Calif., chairman and member of the House Judiciary Committee, respectively, asked the judicial council for the First Circuit ...
Senate Republicans coalesced to pass President Donald Trump’s colossal ‘big, beautiful bill’ early Tuesday morning. Senate Republican leaders and the White House have pitched the legislative behemoth as a means to turbocharge the economy, root out waste, fraud and abuse in a slew of federal programs, and to make crucial investments in defense and Trump’s border and immigration priorities. Meanwhile, ...
The House of Representatives is beginning the final legislative sprint of President Donald Trump’s ‘big, beautiful bill’ before the commander in chief signs it into law. The powerful House panel is the final gatekeeper before most pieces of legislation get a chamber-wide vote. It comes after the Senate spent more than 24 hours straight considering the bill, eventually passing it ...
Much has been written in recent days about the war of words between Supreme Court justices Amy Coney Barrett and Ketanji Brown-Jackson in the opinions handed down in Trump v. Casa, Inc., the case involving an injunction issued in a case challenging birthright citizenship. But as I pointed out in a Post on X Friday morning, Barrett’s decision was written ...
The Senate has completed consideration of President Donald Trump’s $3.3 trillion, 940-page agenda bill, sending it back to the House of Representatives to sync up before hitting the commander in chief’s desk for his signature. It first passed the House by just one vote in late May, and now it must advance through the chamber one more time before it ...
USAID will no longer send foreign assistance across the globe, with the State Department taking over any such programs that President Donald Trump’s administration wishes to continue, Secretary of State Marco Rubio announced Tuesday. Rubio made the announcement in a Tuesday statement, saying USAID had for decades failed to ensure the programs it funded actually supported America’s interests. The State ...
The House of Representatives is expected to take up the Senate’s modified version of President Donald Trump’s ‘big, beautiful bill’ this week. The Senate passed the bill after a marathon weekend session, which included Democrats forcing a read-through of the entire 940-page text. Vice President JD Vance cast the tie-breaking vote. The bill first passed the House in late May ...