U.S. Economy Update: Trump's Detroit Speech & Inflation Report (2026)

New Analysis on U.S. Economy and MN Prosecutors' Resignation over DOJ Probe into Good Widow

Minnesota Prosecutors Quit, Trump in Detroit, Inflation Report

Transcript: https://www.npr.org/transcripts/g-s1-105963

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President Trump delivered a speech yesterday at the Detroit Economic Club, touching on the U.S. economy and other topics. The president's travel and focus on affordability are key concerns for voters, with the economy expected to be a major issue in the midterm elections.

The Department of Labor's inflation report showed no significant change in inflation from November to December. Natural gas prices have risen, affecting heating bills and electricity prices. Grocery prices are also up, and forecasters predict the Fed will maintain interest rates to manage inflation.

Six federal prosecutors in Minnesota resigned after Justice Department leaders pressured them to investigate the widow of Renee Macklin Good, rather than focusing on the federal agent who shot her. This disruption affects other federal investigations, including social services fraud.

The Trump administration plans to close the San Francisco Immigration Court by the end of the year, amid pressure on judges to expedite cases and streamline deportations. This decision comes as the U.S. faces a shortage of judges, leading to delayed cases and increased susceptibility to arrests and deportations.

Exercise can boost mood and relieve depression symptoms, according to a study. Light to moderate exercise improves neurotransmitter function and triggers brain growth factors, mirroring medication effects. Scott Adams, the cartoonist behind Dilbert, passed away at 68, and the FTC filed a lawsuit against Pearl, an AI-powered search engine, for consumer deception.

This newsletter was edited by Yvonne Dennis.

U.S. Economy Update: Trump's Detroit Speech & Inflation Report (2026)
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