Trump is defying the dire warnings of economists and the left—who insisted that rate cuts plus tariffs would make cooling inflation impossible—by delivering exactly that trifecta right now.

Core inflation, a price measure closely watched by the Federal Reserve, came in cooler than expected in September, according to delayed federal data, a win for Republican President Donald Trump, who wants the central bank to cut interest rates more quickly and is under pressure from Democrats over affordability.

Buying a house has been unaffordable for many Americans in recent years due to a one-two punch of elevated mortgage rates and a low inventory, which has pushed up home prices to record highs. But over the course of 2025, one part of the cost of housing has eased, if only slightly: The cost of a mortgage.

The U.S. seized an oil tanker off Venezuela’s coast, President Donald Trump said. The Trump administration signed a contract to create a fleet of jets for deportations. In other immigration news: Trump launched his gold card program, offering $1 million fast-track visas. And he finally confirmed using a vulgar slur about several nations in 2018.

Bitcoin has erased its gains over the course of this year after surging to a peak of $126,000 per bitcoin in October (leaving many increasingly fearful of a 2026 crypto “collapse”). Sign up now for CryptoCodex—A free crypto newsletter that will get you ahead of the market The bitcoin price is down around 30% from its all-time high,