NEW: Russell Vought, CFPB's acting director, told staff to "stand down from performing any work tasks" in an email this AM obtained by @cnn.com

This goes further than Vought's order Saturday night ordering a halt to a wide range of activities. Now, CFPB staff is being told not to do anything #CFPB

Trump’s ‘America First’ Agenda Meets China’s AI Advancement Podcast Episode · CNN One Thing · 01/29/2025 · 20m

new podcast: dug into DeepSeek, the great AI disruptor (?), with @mattegancnn.bsky.social podcasts.apple.com/us/podcast/t...

Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort | CNN Politics The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding for Moscow’s war against Ukraine.

The new sanctions against “the Kremlin’s largest and most important source of revenue” hit hundreds of targets, including two of Russia’s largest oil companies

w/ @mattegancnn.bsky.social

edition.cnn.com/2025/01/10/p...

What to expect for gas prices in 2025 | CNN Business More good news is coming to inflation-weary drivers: Gas prices are expected to drop in 2025 for the third straight year, according to GasBuddy projections shared exclusively with CNN.

More good news is coming to inflation-weary drivers: Gas prices are expected to drop in 2025 for the third straight year, according to GasBuddy projections shared exclusively with CNN.

‘One of the dumbest ideas’: Abolishing the FDIC could backfire on Trump and his allies | CNN Business The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks.

@denniskelleher.bsky.social tells CNN's @mattegancnn.bsky.social a that getting rid of the FDIC is "one of the dumbest ideas anyone could have, and it’s a reflection of how incredibly out of touch billionaires are."
www.cnn.com/2024/12/18/b...

Headline numbers look good -- as are payroll revisions! -- but some warning flags in this report:
*Household measure of employment down (both from October, and a year ago)
*Unemployment rate ticked up
*The number of Americans unemployed for 6 months or longer is +441,000 YoY

President-elect Trump has vowed to deport millions of undocumented people.

Elon Musk has promised to slash government spending by $2 trillion (!!).

Investors aren't buying either of these promises, according to a survey from Goldman Sachs.
www.cnn.com/2024/12/03/b...

‘Huge relief.’ CEOs exhale after Trump taps Scott Bessent to lead Treasury | CNN Business Hedge fund executive Scott Bessent survived an internal squabble over the role of Treasury secretary, a key position that will face almost immediate deadlines and pressures.

CEOs & investors cheer Trump's Treasury secretary pick.

Instead of a bomb-thrower, he went with a safe pick in Scott Bessent.

Markets jumped & business leaders applauded.

Of course, even if Bessent is a voice for moderation, there's no guarantee Trump will listen.

www.cnn.com/2024/11/25/b...