Steve Rattner joined On with Kara Swisher to discuss the current economic moment, from the booming stock market to Trump’s chaotic economic policies.

 Notwithstanding the turmoil of Donald Trump’s second term – the tariffs, the vacillation, the budget busting Big Beautiful Bill — the stock market continues to move higher, recently notching a series of record highs. What gives? Since election day, the Standard & Poor’s 500 index has been marching upward, a total gain of 8.4%. […]

 In an extraordinary act of sheer political muscle, Donald Trump and the Republican leadership in Congress succeeded on pushing through one of the most transformational pieces of legislation in many years, which would substantially tilt the playing field in favor of the wealthy and leave many of those closer to the bottom worse off. […]

 It’s graduation time for college and university students and many of them are finding a tougher job market than in past years. That reflects a significant slowdown in hiring by companies and may presage a broader economic deceleration amidst continuing uncertainty over tariffs and other Trump policies. The unemployment rate among recent graduates has […]

A bevy of fresh economic statistics and forecasts sheds a bit more light on the state of the U.S. economy, almost five months into Donald Trump’s second stint in the White House. It’s a picture of an economy that is slowing significantly, but without evidence yet of the anticipated jump in inflation from Trump’s round […]