Madison Malone Kircher, Associate Editor at New York Mag's Select All, discusses President Trump's meeting with the video gaming industry.
The meeting included three Congressman, including Florida's Marco Rubio and several gaming executives. We discuss whether President Trump's recent rhetoric around violence and video games is a way for him to avoid comprehensive gun reform.
We dig into the video gaming industry and the ratings they place on games and whether they are doing enough to keep dangerous games out of the hands of small children. Will this meeting result in a reduction of violence in video games? That remains to be seen.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.