Trump's USA

Fed vs. inflation
Trump and Fed chief sparred live

US President Donald Trump is on an unusual visit to the Federal Reserve headquarters.

In the live broadcast, Trump sparred with Federal Reserve Chief Jerome Powell about the costs of the central bank's headquarters.

Before the visit, Trump had produced a new figure for the renovation cost so far. Powell - who was apparently uncomfortable standing in front of the camera with the president - shot back:

- You've added a third building!

Trump replied that it was a building that was being built. Powell quickly replied that the building was completed five years ago.

The journalists present asked former real estate mogul Trump what he would have done if Powell had been one of his project managers on one of Trump's buildings.

- I would have fired him, Trump said, adding that if there is one thing Powell could do to make him back down, it is to lower the key interest rate.

Musk vs Trump
Trump: Will not destroy Musk's operations in the US

Following the disagreement between US President Donald Trump and his former ally, Tesla CEO Elon Musk, Trump is now taking back his previous threats against Musk. Bloomberg reports.

"Everyone says I will destroy Elon [Musk's] company by eliminating some, if not all, of the large subsidies he has received from the US government. Not true! I want Elon and all the companies in our country to thrive," Trump writes on his social media platform Truth Social.

After the report miss, Tesla's stock was down 9.5 percent at most when Trump published his post. After the post, the share price recovered slightly. Around 5 p.m., it was trading down around 9 percent.

American aid
Contraceptives worth 100 million to be burned by the US

The US is to burn a large amount of contraceptives, instead of selling them to the UN's reproductive health effort, Reuters reports. Sources tell The Guardian that the drugs were intended to go to women in Africa, something the US said no to after the dismantling of the aid agency USAID.

The value of what is to be burned amounts to 9.7 million dollars, almost 100 million kronor, Axios reports. The State Department states that the decision is a cost-saving measure.

The organization MSI Reproductive Choices has also offered to take care of the goods, but has been turned down, according to deputy director Sarah Shaw.

- This is clearly not about saving money. It feels more like an ideological attack on reproductive rights, and one that is already harming women, she says.