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Trump meets with Turkish President Erdogan

admin - Latest News - September 25, 2025
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Watch live coverage as President Trump meets with Turkish President Erdogan at the White House. The two are expected to discuss lifting a hold on the sale of F-35 fighter jets to Turkey.



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Sept. 25, 2025, 11:38 AM EDTBy Rob WileData released Thursday reflects the resilience of the U.S. economy, even as concerns about the job market and inflation persist.U.S. economic growth, or the gross domestic product (GDP), reached 3.8% in the second quarter, according to a fresh revision of the data released Thursday by the Commerce Department. That was higher than the most recent estimate of 3.3% and the strongest reading since the third quarter of 2024. The revision largely reflected stronger growth in consumer spending, which was also revised upward, from 1.6% to 2.5%. Multiple surveys show the mood among consumers remains glum — but Thursday’s spending data, plus other releases from banks, signals they remain willing to maintain their pace of purchasing. Meanwhile, new and ongoing claims for unemployment assistance fell over the past week, according to the U.S. Department of Labor. The Federal Reserve said last week it expects the unemployment rate to climb from 4.3% to as much as 4.5% by the end of the year, but the latest data may allay some worries about further deterioration in the job market. “The mother lode of data just released suggest the economy is still doing just fine, despite the slowdown in employment growth,” wrote Alexandra Brown, North America economist for the market insight company Capital Economics, in a note to clients. The U.S. economy remains in a relatively precarious position. The latest GDP reading reflects the three months ending June 30, and the growth picture may have changed since then. A slowing labor market combined with President Donald Trump’s combination of aggressive tariffs and immigration enforcement has generated concerns about tepid growth. While consumer spending has remained resilient, there are growing warnings about a two tiered-economy in which lower- and middle-income people are squeezed as upper-income households continue to spend. Concerns about the job market spurred the Federal Reserve to take action this month, cutting interest rates in a bid to boost economic growth. There was some anticipation it would be the first of many.But Thursday’s positive economic data complicates the Fed’s situation.Following the morning’s data releases, investors dialed back the odds of additional cuts by the Federal Reserve this year. The Fed tends to cut when the economy is showing signs of slowing — and the new figures indicate there may be less of a need for lower interest rates to stimulate growth. “Thursday’s upward GDP revision for [the] second quarter confirmed that the economy grew at a healthy clip, even as tariff uncertainty reached fever pitch during the quarter,” Paul Stanley, chief investment officer of the Granite Bay Wealth Management financial group, said in a statement. “The U.S. economy is resilient and the strong GDP is another indication that we are not at risk of any kind of recession, even with slowing labor market growth.”But there are also concerns that growth is extremely uneven. A growing body of evidence suggests tech companies’ spending on artificial intelligence may almost single-handedly be propping up growth, especially as federal spending cuts and uncertainty over tariffs have clouded sentiment elsewhere. Commerce Department data show that in the first half of 2025, investment growth in equipment — a category that includes computers, electronics and power-supply parts — has been near records. “In the absence of tech-related spending, the US would be close to, or in, recession this year,” wrote George Saravelos, a head of research at the Deutsche Bank financial group. That’s not necessarily good news, he said: In order for tech to continue driving GDP growth, investments in AI, like building out data centers, needs to remain “parabolic.”“This is highly unlikely,” Saravelos said, given forecasts that such investment will likely peak this year.“Other sources of growth will have to take over,” he said. Rob WileRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
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October 3, 2025
Oct. 2, 2025, 7:39 PM EDTBy Gordon Lubold, Courtney Kube and Yamiche AlcindorThe Trump administration informed Congress in a confidential notice this week that President Donald Trump has “determined” that the United States is in an “armed conflict” with drug cartels and that members of the organizations can be targeted as unlawful combatants.“The President determined these cartels are non-state armed groups, designated them as terrorist organizations, and determined that their actions constitute an armed attack against the United States,” the notice said.”In response, based upon the cumulative effects of these hostile acts against the citizens and interests of United States and friendly foreign nations, the President determined that the United States is in a non-international armed conflict with these designated terrorist organizations,” it added.The designation essentially puts drug cartels in the same legal category as terrorist groups like Al Qaeda or the Islamic State.In recent weeks, the U.S. military struck at least three boats from Venezuela allegedly carrying narco-traffickers and drugs that could threaten Americans, Trump said on Truth Social.The notice to Congress listed examples of actions Trump could take in targeting cartels and cited an attack on Sept. 15 that killed “approximately 3 unlawful combatants.”The White House has defended the strikes.“As we have said many times, the President acted in line with the law of armed conflict to protect our country from those trying to bring deadly poison to our shores, and he is delivering on his promise to take on the cartels and eliminate these national security threats from murdering more Americans,” White House spokesperson Anna Kelly said in a statement Thursday.NBC News reported last month that the administration is considering strikes on drug cartels inside Venezuela.Venezuelan President Nicolás Maduro has denied any role in drug trafficking and has repeatedly alleged that the United States is trying to force him from power.Many critics of the strikes, including congressional Democrats and some Republicans, maintain the administration still does not have the legal authority to target the drug cartels using the U.S. military and that it remains a law enforcement matter relying on interdiction. Secretary of State Marco Rubio, who is also acting national security adviser, has declared interdiction efforts ineffective.Gordon LuboldGordon Lubold is a national security reporter for NBC News.Courtney KubeCourtney Kube is a correspondent covering national security and the military for the NBC News Investigative Unit.Yamiche AlcindorYamiche Alcindor is a White House correspondent for NBC News.
October 1, 2025
Sept. 30, 2025, 8:49 PM EDTBy Monica Alba and Raquel Coronell UribeWASHINGTON — National parks will remain partially open during the government shutdown set to begin Wednesday, according to an Interior Department contingency plan posted Tuesday evening.Open-air sites will remain open to the public, but buildings that require staffing, such as visitor centers or sites like the Washington Monument, will be closed. Health and safety will continue to be addressed for sites that remain operational, meaning restrooms will be open and trash will be collected, the Interior Department said.The contingency plans specify that park roads, lookouts, trails and open-air memorials will stay open but emergency services will be limited. The department added that if public access begins to pose a safety, health or resource protection issue, an area must close.Critical Senate vote fails as shutdown deadline looms02:02The contingency plan says that about 64% of the National Park Service workforce is set to be furloughed and that those kept on would perform “excepted” activities, such as law enforcement or emergency response, border and coastal protection and surveillance, and fire suppression and monitoring.The published plans come hours before a funding lapse across the federal government. Office of Management and Budget Director Russell Vought told agencies in a memo Tuesday night to begin implementing their shutdown plans.Recent shutdowns led to confusion about the public’s access to national parks. During the last shutdown, in his first term, President Donald Trump ordered parks to remain open. Trails and outdoor sites stayed open ,and some staff members stayed on to clean restrooms and empty trash cans.Still, many park employees were furloughed, resulting in trash piling up and restrooms filling up with human waste. Some parks, including California’s Joshua Tree, eventually had to close because of damage made by unsupervised visitors.That shutdown was the longest in U.S. history, lasting 34 days.During the 2013 shutdown, the park service took a different approach to park access. At the time, park gates were closed and bathrooms were locked. Trash went uncollected, and fencing went up around some sites, like the Lincoln Memorial.In both shutdowns, there was more notice about the plan, whereas the contingency plans published Tuesday night came just hours before a shutdown.The park service workforce, which could experience significant furloughs, is already more depleted than usual. The National Parks Conservation Association, an advocacy organization, estimated in July that the park service lost 24% of its permanent staff as a consequence of the Trump administration’s efforts to reduce the federal workforce through the Department of Government Efficiency.The park service reinstated a number of purged employees, however, The Associated Press reported this month.The park service did not immediately respond to a request for comment Tuesday night on the number of job cuts and how many people were rehired.The National Parks Conservation Association said Monday that the impacts of keeping parks open last time were “disastrous” and that some parks suffered damage that took months or even years to recover from.“A government shutdown would leave our parks understaffed and vulnerable, putting our most cherished places and millions of visitors at risk. If a national park has a gate or door, it must be locked until a funding deal is reached and our parks can be staffed and protected,” it said in a news release.Meanwhile, a letter signed by more than 40 former park superintendents urged Interior Secretary Doug Burgum to close parks, too, arguing that keeping them open during past shutdowns caused harm to them and jeopardized visitor safety.“If you don’t act now, history is not just doomed to repeat itself, the damage could in fact be much worse,” the letter said.Monica AlbaMonica Alba is a White House correspondent for NBC News.Raquel Coronell UribeRaquel Coronell Uribe is a breaking news reporter. 
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