Trump's budget officials project 50% deficit reduction over 10 years, though outside analysts warn the forecast relies on aggressive assumptions that may prove difficult.
The Labor Department released the August jobs report which showed that job growth continued at a subdued pace amid economic uncertainty over trade policy.
Trump posted an AI-generated video mocking Cracker Barrel's controversial logo rebranding effort that removed the "old timer" before the company reversed course.
Gold hit a record $3,578 per ounce before declining Thursday, driven by weak jobs data and investor concerns about tariffs and Federal Reserve policy changes.
President Donald Trump's nominee to join the Federal Reserve Board of Governors insisted to lawmakers Thursday he would keep the central bank independent.
Stephen Miran, Trump's Federal Reserve Board nominee, could be confirmed in time for the mid-September rate-setting meeting after testifying before the Senate Banking Committee.
The DOJ investigation comes as Cook sues President Donald Trump in federal court over her firing from the panel of central bankers that is tasked with charting the nation's economic path.
Cracker Barrel's executive leadership received a failing grade for pay and performance from proxy advisory firm Glass Lewis last year before the failed logo rebrand.