Latest Larry Kudlow News

FILE - In this July 10, 2020, file photo White House national security adviser Robert O'Brien walks South Lawn of the White House in Washington. O'Brien who tested positive for the coronavirus, returned to work on Tuesday, Aug. 4, after recovering from a mild case of COVID-19, the White House said. (AP Photo/Andrew Harnik, File)

Trump's national security adviser recovers from COVID-19

Aug. 4, 2020 3:42 PM EDT

WASHINGTON (AP) — President Donald Trump's national security adviser, who tested positive for the coronavirus, returned to work Tuesday after recovering from a mild case of COVID-19, the White House said. Robert O'Brien has resumed his meetings with the president, said National Security Council spokesman...

FILE - President Donald Trump points to a question as he speaks during a briefing with reporters in the James Brady Press Briefing Room of the White House, in Washington.   Trump’s demand that the U.S. government get a cut of Microsoft buying TikTok is the latest unprecedented scenario in an unprecedented situation. Microsoft is in talks to buy parts of TikTok, a forced sale after Trump threatened to ban the Chinese-owned video app, which has one hundred million U.S. users and hundreds of millions globally.  (AP Photo/Alex Brandon)

Trump's demand for US cut of a TikTok deal is unprecedented

Aug. 4, 2020 3:26 PM EDT

NEW YORK (AP) — President Donald Trump's demand that the U.S. government get a cut from a potential Microsoft purchase of TikTok is the latest unprecedented scenario in an unprecedented situation. Microsoft is in talks to buy parts of TikTok, a forced sale after Trump threatened to ban the Chinese-owned...

Senate Majority Leader Mitch McConnell of Ky., during a news conference on on Capitol Hill in Washington, Monday, July 27, 2020, to highlight their proposal for the next coronavirus stimulus bill. McConnell is joined by, from left, Sen. John Cornyn, R-Texas, Sen. Lamar Alexander, R-Tenn., Sen. Roy Blunt, R-Mo., Sen. Richard Shelby, R-Ala., Sen. Tim Scott, R-S.C., Sen. Lindsey Graham, R-S.C., and Sen. Mitt Romney, R-Utah. (AP Photo/Susan Walsh)

White House, Democrats at odds on virus aid but talking

Jul. 27, 2020 9:08 PM EDT

WASHINGTON (AP) — Unemployment assistance, eviction protections and other relief for millions of Americans are at stake as White House officials launched negotiations late Monday with House Speaker Nancy Pelosi and Democratic Senate leader Chuck Schumer on a new coronavirus aid package that’s...

FILE - In this June 24, 2020 file photo, Robert O'Brien, assistant to the president for national security affairs, removes a face covering prior to speaking during a news conference in Phoenix. O’Brien has tested positive for the coronavirus. He’s the highest-ranking White House official to test positive so far. (AP Photo/Ross D. Franklin)

Trump national security adviser O'Brien has the coronavirus

Jul. 27, 2020 5:23 PM EDT

WASHINGTON (AP) — President Donald Trump's national security adviser, Robert O'Brien, has tested positive for the coronavirus — making him the highest-ranking official to test positive so far. The White House said O'Brien has mild symptoms and “has been self-isolating and working from a...

House Speaker Nancy Pelosi of Calif., accompanied by Rep. Dan Kildee, D-Mich., left, and Rep. Danny Davis, D-Ill., right, speaks at a news conference on Capitol Hill in Washington, Friday, July 24, 2020, on the extension of federal unemployment benefits. (AP Photo/Andrew Harnik)

As Congress fights, analysts warn economy needs help now

Jul. 27, 2020 1:16 PM EDT

WASHINGTON (AP) — As Congress and the White House resume their efforts to agree on a new economic aid package, evidence is growing that the U.S. economy is faltering. And so is concern that the government may not take the steps needed to support hiring and growth. “We’re in a pretty fragile...

Treasury Secretary Steven Mnuchin speaks with reporters about the coronavirus relief package negotiations, at the White House, Thursday, July 23, 2020, in Washington. (AP Photo/Evan Vucci)

White House pushes narrow virus aid; Pelosi blasts GOP delay

Jul. 26, 2020 5:49 PM EDT

WASHINGTON (AP) — House Speaker Nancy Pelosi on Sunday assailed Republican “disarray” over a new pandemic relief package as the White House suggested a narrower effort might be necessary, at least for now. The California Democrat panned the Trump administration's desire to trim an expiring...

Guest lineups for the Sunday news shows

Jul. 24, 2020 7:18 PM EDT

WASHINGTON (AP) — Guest lineups for the Sunday news shows: ABC's “This Week" — Mark Meadows, White House chief of staff; Gov. Michelle Lujan Grisham, D-N.M. ___ NBC's “Meet the Press” — To be announced. ___ CBS' “Face the Nation" — House Speaker Nancy...

President Donald Trump and Mexican President Andres Manuel Lopez Obrador arrive for an event in the Rose Garden at the White House, Wednesday, July 8, 2020, in Washington. (AP Photo/Evan Vucci)

Trump forgoes insults of past, calls Mexico cherished friend

Jul. 8, 2020 7:37 PM EDT

WASHINGTON (AP) — President Donald Trump, who has denigrated Mexican migrants and threatened the U.S. ally with crippling tariffs, welcomed President Andrés Manuel López Obrador to the White House on Wednesday, called him a cherished partner and claimed the countries' economic and security ties...

A man walks past a retail store that is going out of business due to the coronavirus pandemic in Winnetka, Ill., Tuesday, June 23, 2020. Illinois Gov. J.B Pritzker announced a package of state grant programs that will help support communities and businesses impacted by the COVID-19 pandemic and unrest in the area. (AP Photo/Nam Y. Huh)

US job market's modest improvement may be stalling

Jun. 25, 2020 3:49 PM EDT

WASHINGTON (AP) — The number of laid-off workers seeking U.S. unemployment aid barely fell last week, and the reopening of small businesses has leveled off — evidence that the job market's gains may have stalled just as a surge in coronavirus cases is endangering an economic recovery. The government...

An empty parking lot is seen at a temporarily closed Kohl's department store, Wednesday, April 29, 2020, in Havertown, Pa.  Devastated by the coronavirus, the U.S. economy is sinking.  Now, as some businesses in a few states start to trickle back to work, hopes are beginning to arise that the economy, damaged as it is, might be poised to rebound by the second half of the year.   (AP Photo/Matt Slocum)

US GDP fell at 5.0% rate in Q1; worse is likely on the way

Jun. 25, 2020 1:04 PM EDT

WASHINGTON (AP) — The U.S. economy shrank at a 5.0% rate in the first quarter and a vastly worse performance is expected in the current three-month period, when the coronavirus pandemic began to spread across the U.S. The Commerce Department reported Thursday that the decline in the gross domestic product,...