Economist Steve Moore explained on Fox Business Thursday how President Donald Trump’s policies have contributed to a significant shift in the U.S. economy, especially in terms of inflation and wages.

U.S. stocks appear set for a negative opening on Thursday amid increasing tensions between the Trump administration and Federal Reserve Chair Jerome Powell, with investors processing an earnings-heavy week.

Dow Futures digest earnings, inflation data, and Fed tensions as tech stocks and economic signals take center stage.

U.S. stock futures hovered near flatline Thursday following a choppy prior session marked by sharp reactions to speculation about Federal Reserve Chair Jerome Powell’s job security. President Donald Trump later calmed nerves by denying any immediate intent to remove Powell,

A collection of letters gifted to Jeffrey Epstein for his 50th birthday in 2003 included a note bearing Donald Trump’s name and an outline of a naked woman, according to a Wall Street Journal report published Thursday.

Stocks were mostly lower, with the 30-year bond yield up, after conflicting reports about whether President Trump is looking to fire Federal Reserve Chair Jerome Powell soon.

U.S. stock futures were flat in early Thursday trading, signaling a muted open as investors digest a wave of mixed economic data, fresh earnings results, and heightened political drama involving President Donald Trump and Federal Reserve Chair Jerome Powell.

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. United AirlinesUAL reported mixed results late Wednesday. NvidiaNVDA chipmaker Taiwan SemiconductorTSM headline earnings early Thursday with NetflixNFLX due after the close.

The slouch was slight compared to the market reaction to Trump’s initial “Liberation Day” announcement of “reciprocal” tariffs on April 2.

German Chancellor Friedrich Merz said that Trump’s threat of 30% tariffs on goods from the European Union would hit the German export industry “to the core,” and vowed to work toward a solution.

JPMorgan stock declined 0.5% in morning trading, while BlackRock tumbled 2%. Citigroup shares moved up 1%, as Wells Fargo stock sold off more than 3% in premarket action.

The president indicated to Republican lawmakers that he is likely to attempt to remove the Fed chair from his job soon.