The WFEA Morning Update

Thom Brueckner: INTEL Investment, Updated Economic Numbers, and Powell’s Capitulation
Thom Brueckner: INTEL Investment, Updated Economic Numbers, and Powell’s Capitulation

National recognized financial expert and radio show host Thom Brueckner joins us this week in his new slot, every Thursday at 8:35 a.m.

This week, Thom discusses the update to the first-quarter GDP numbers, American taxpayers’ investment in chip manufacturer Intel, and the recent firing of Fed Governor Lisa Cook.

Thom also details some of the other positive developments in the economy (new home sales, Consumer Confidence numbers, etc).  Thom explains Federal Reserve Chairman Powell’s public capitulation to the fact that President Trump’s economic policies have not had the adverse effect Powell predicted.

Recent Headlines

1 day ago in National

Man charged with attempted assassination of Trump in White House correspondents’ dinner shooting

The man who authorities say tried to storm the White House Correspondents' Association dinner with guns and knives was charged Monday with the attempted assassination of President Donald Trump as federal authorities suggested an attack that disrupted one of Washington's glitziest events had been planned for at least several weeks.

1 day ago in National

Accused attacker at Washington media dinner is a tutor and computer engineer from California

The California man arrested in the shooting at the White House Correspondents' Association dinner is a highly educated tutor and amateur video game developer opposed to the policies of President Donald Trump.

1 day ago in National

Tornadoes in northern Texas leave at least 2 dead and destroy multiple homes

A tornado-producing thunderstorm left at least two people dead in northern Texas and displaced at least 20 families, with many homes sustaining major damage, authorities said Sunday.

4 days ago in National

A violent tornado tears through Oklahoma town, damaging 40 homes but sparing lives

Raeann Hunt scrambled to her cellar as a tornado bore down on her Oklahoma community. "It is headed right for us," she recalled thinking, as she peeked outside, unable to contain her curiosity.

4 days ago in National

US soldier charged with using classified intel to win $400K Polymarket bet on Maduro raid

A U.S. special forces soldier involved in the military operation to capture Venezuelan President Nicolás Maduro has been charged with using classified information about the mission to win more than $400,000 in an online betting market, federal officials announced Thursday.