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  DC Mayor Muriel Bowser Adjusts Her Stance on Trump as Crackdown Intensifies Washington, D.C. — Mayor Muriel Bowser of the District of Columbia has taken a more cautious stance toward former President Donald Trump amid rising tensions over federal interventions in the capital. While Bowser previously sought to manage her relationship with the Trump administration in a pragmatic way, recent developments have posed serious challenges to her leadership and her ability to protect the city’s autonomy. The situation has escalated as President Trump has taken steps to federalize law enforcement in Washington, D.C., a move that has generated significant concern from local officials. A Shift in Tone and Strategy Bowser’s relationship with Trump has evolved over the years, marked by moments of collaboration and tension. Following Trump’s victory in the 2016 election, Bowser made a personal visit to his Mar-a-Lago estate in Florida, signaling an early willingness to work with the incoming...

  Cava Adjusts Sales Forecast Amid Economic Uncertainty, Shares Plunge Cava Group Inc., the Mediterranean fast-casual restaurant chain, saw a significant drop in its stock price late on Tuesday following a revised outlook for its full-year sales growth. The company’s CEO, Brett Schulman, explained that a foggy economic environment is causing consumer behavior to become unpredictable, impacting sales trends. Despite strong performances earlier this year, Cava’s latest forecast reflects a more cautious view of its ability to continue the growth seen in recent months. Stock Drop After Revised Sales Expectations Cava's stock fell by a dramatic 22% in after-hours trading, continuing a downward trend that has seen the stock fall roughly 25% year-to-date. The restaurant chain, which had previously enjoyed significant growth, now predicts that its same-store sales for the full year will increase by 4% to 6%. This is a notable downgrade from earlier projections of 6% to 8% growth. While ...

  Global Markets Rally: S&P 500 and Nasdaq Hit Record Highs as Inflation Fuels Rate-Cut Optimism A Surge of Hope Following Solid CPI Data On Tuesday, August 12, 2025 , U.S. equity markets surged as investors celebrated a smoother-than-anticipated inflation report, fueling expectations that the Federal Reserve could begin easing interest rates as early as September. The S&P 500 climbed 1.1% , reaching 6,445.76 , its highest closing level since late July—as confirmed by multiple sources—including AP News , which noted the gain of 72.31 points AP News +1 Investopedia . The Nasdaq Composite led gains with a 1.4% increase, marking its third record close in four days and landing at 21,681.90 AP News Nasdaq Wall Street Journal Investopedia . Meanwhile, the Dow Jones Industrial Average added 483.52 points , or 1.1% , closing at 44,458.61 , edging closer to its own new high AP News +1 Nasdaq Wall Street Journal . What's Driving the Rally? At the core of this rally was th...

  Suspended? Trump’s BLS Nominee Proposes Halting Monthly Jobs Report A Bold Proposal with Global Repercussions E.J. Antoni, President Donald Trump’s choice for the head of the U.S. Bureau of Labor Statistics (BLS), has ignited debate across domestic and international economic circles by suggesting the possible suspension of the iconic monthly jobs report . In an interview with Fox News Digital, Antoni argued that the report, one of the most closely watched barometers of the U.S. labor market, has become unreliable due to frequent and substantial revisions. Instead, he proposed relying temporarily on more accurate—but less timely— quarterly data Politico Newsweek CNBC . Why This Matters to the World While this might appear to be a domestic policy matter, it carries global weight. The U.S. jobs report informs decisions not just in Washington and Wall Street but also shapes policy choices across foreign central banks, multinational corporations, and international investors. Any ...