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Market Jitters Return as Cooler CPI Surprises Wall Street

A softer‑than‑expected U.S. Consumer Price Index reading sent a ripple through financial markets today, creating an unusual dynamic: good news on inflation, but renewed pressure on major stock indexes. A Cooling CPI, but a Nervous Market The latest CPI report showed inflation easing more than economists anticipated. Under normal circumstances, that would be a welcome sign—suggesting the Federal Reserve may have more room to consider rate cuts later in the year. But markets don’t always behave logically in the moment. Today, the S&P 500, Dow Jones Industrial Average, and Nasdaq all slipped as investors reassessed what the data means for corporate earnings, interest‑rate expectations, and the broader economic outlook. Why Stocks Reacted This Way Several factors contributed to the pullback: Profit‑taking after recent market highs Concerns that cooling inflation reflects slowing demand Uncertainty about the Fed’s next move , even with softer price pressures Sector rotation ...
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Anxiety and Dismay Inside the Justice Department After Trump Taps Gaetz as Attorney General

 

President-elect Donald Trump's decision to nominate Congressman Matt Gaetz as Attorney General has sent shockwaves through the Justice Department. Gaetz, known for his staunch loyalty to Trump and his controversial past, including a federal sex trafficking investigation, has raised significant concerns among career lawyers and officials within the department.

Many Justice Department employees are worried about the future of the agency under Gaetz's leadership, given his lack of experience in law enforcement and his outspoken criticism of the department. Gaetz has previously called the Justice Department "corrupt and highly political" and has suggested abolishing agencies like the FBI and the Bureau of Alcohol, Tobacco, Firearms and Explosives.

Trump's choice of Gaetz is seen as a move to "shake the whole thing and throw a grenade into DOJ," according to former U.S. Attorney John Fishwick Jr. The nomination has left many within the department stunned and outraged, with some already considering looking for new jobs.

As Gaetz prepares to take on this new role, the Justice Department faces a period of uncertainty and potential upheaval, reflecting the broader political and legal challenges that lie ahead for the Trump administration.

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