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Newsweek
16-05-2025
- Business
- Newsweek
Donald Trump Score Major Polling Boost Over Economy
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. President Donald Trump is enjoying a major surge in public support as voter confidence in the economy rebounds to levels not seen in years. According to a Napolitan News survey conducted on May 12-13 among 1,000 registered voters, 31 percent of voters now say their personal finances are improving, the highest percentage recorded in four years. The same number of respondents said their finances were getting worse. That's a substantial jump from just two weeks ago, when 25 percent reported improving finances and 36 percent said their finances were getting worse, and a reversal from preelection polling in late 2024, when 41 percent said their financial situation was getting worse, while 25 percent said their financial situation was improving. This marks the first time since July 2021 that optimism about personal finances is no longer underwater. The poll had a margin of error of +/- 3.1 percentage points. Why It Matters A sustained uptick in economic optimism could provide Trump with critical momentum heading into the 2026 midterms and blunt Democratic criticism of his trade and fiscal policies. President Donald Trump signs the guest book after touring the Abrahamic Family House, Friday, May 16, 2025, in Abu Dhabi, United Arab Emirates. President Donald Trump signs the guest book after touring the Abrahamic Family House, Friday, May 16, 2025, in Abu Dhabi, United Arab Emirates. Alex Brandon/AP What To Know Trump began his second term with higher approval ratings than ever, but that all came crumbling down when he introduced his "Liberation Day" tariffs on April 2, sparking turmoil in stock and bond markets, with the Dow Jones Industrial Average recording its largest decline since June 2020 before rebounding days later. But while the Dow may have bounced back, his approval ratings did not, with polls showing his net approval ratings in the negative, and that voters no longer trusted Trump on the economy. But in recent days, Trump's approval ratings have shown signs of rebounding. Newsweek's tracker currently puts Trump's overall approval at 46 percent, with 50 percent disapproving—an uptick from 44 percent approval the previous week. The latest TIPP Insights poll, conducted April 30 to May 2 among 1,400 adults, found Trump's net approval at -5 (42 percent approve, 47 percent disapprove), a slight improvement from -7 in early April. And the latest Reuters/Ipsos survey, conducted on May 12 and 13, had 44 percent approving of his job performance, a 2-point increase from the previous poll conducted April 25 to 27. The Reuters/Ipsos survey also showed positive signs for Trump on the economy, with his approval rating on the issue standing at 39 percent, up from 36 percent in the previous survey. Economic anxiety saw a significant decline—though it remains prevalent. In the new poll, 69 percent of respondents said they were concerned about a recession, down from 76 percent in the previous one. Similarly, the share of people worried about stock market instability fell from 67 percent to 60 percent. Most respondents said they would hold Trump responsible for any potential economic downturn, despite his efforts to blame his predecessor Joe Biden for economic declines, arguing that inflation surged under the latter's administration. According to the poll, 59 percent said it would be Trump's fault if a recession occurred this year, while 37 percent would place the blame on former President Biden. The Labor Department has reported a cooling of annual price increases in April. In addition, China and the U.S. have agreed to cut their reciprocal tariffs for 90 days this week by 115 percentage points, which has had an immediate positive effect on the stock market. Nonetheless, some polls still show that voters don't trust Trump on the economy following the fallout from his Liberation Day tariffs. In the latest Echelon Insights poll, conducted between May 8-12 among 1,000 likely voters, Trump's net approval rating on the economy slid, with disapproval rising 2 points since April from 52 to 54 percent, while his approval rating remained the same at 44 percent. In a Quantus poll last week, 51 percent of respondents said they disapprove of Trump's handling of tariffs and trade policy. Inflation also remains a thorn—with 42 percent saying they approve of his handling of the issue. The Echelon Insights poll also suggested fewer people now think the economic situation in the U.S. is getting worse, with only 50 percent saying so, down from 52 percent. And 36 percent now think the economic situation is improving, up from 30 percent, suggesting that fears about a possible recession may be dying down slightly. What Happens Next While the data marks a significant turnaround, it's unclear whether this is a temporary bump or the start of a sustained trend.
Roya News
16-05-2025
- Politics
- Roya News
Trump visits Abrahamic Family House in UAE before returning to US
US President Donald Trump visited the Abrahamic Family House in the United Arab Emirates on Friday, shortly before departing the country at the end of his regional tour. The visit marked the conclusion of a series of meetings and discussions Trump held with several regional leaders during his trip. While at the interfaith complex, Trump delivered a message to the Emirati people, saying: 'Great unity, great faith, a wonderful people led by a great leader and a friend of mine,' praising the spirit of religious tolerance in the UAE. The Abrahamic Family House, located in Abu Dhabi, is a landmark site that houses a church, a synagogue, and a mosque—representing the three Abrahamic religions: Christianity, Judaism, and Islam.
Yahoo
02-04-2025
- Business
- Yahoo
California company buys Spurck mansion; plans for 130-year-old building unknown
PEORIA, Ill. (WMBD) — A historic building just north of Downtown Peoria has been sold — albeit for a loss — to a California-based company. According to records at the Peoria County Recorder of Deeds' office, the 130-year-old building near the intersection of Interstate 74 and Knoxville Avenue was sold two weeks ago for $99,000 to Tres Poderes, LLC, a company based in Sacramento. The seller? Kim Blickenstaff's KDB Group. A call to the company as well as their Peoria-based attorney was not immediately returned Tuesday. Looking Back: KDB Group pulls out of all Peoria-area projects It wasn't known, and the recorder documents don't discuss what plans are in store for the old mansion, which suffered a fire about six years ago. For years, the mansion, which was built in 1893 by Peter E. Spurck, was home to the Junior League of Peoria's Family House, which offered help to families who needed help with medical issues. 'This historic mansion, beginning its new mission, opened its doors to its first guest families on June 5, 1985. Just as the original owner Peter Spurck first paved the streets of Peoria, Family House paved the way of kindness and hope for families who need relief from the emotional and financial stress brought on by medical problems,' according to the group's website. Then, it was sold for $140,000 to Christopher Petruzzi who used the building for a nondenominational Christian home. He then sold it to the KDB Group in 2020 after a fire ravaged the building in 2019, for $130,000, according to Peoria County property tax records. KDB was the real estate firm for Kim Blickenstaff, who brought the mansion and several other buildings in the area with promises to rehab them and restore them to their former glory or more. Blickenstaff appeared to be the savior of the building, which was on the verge of being demolished due to the fire. However, two years ago and without warning, he put all his parcels on the market and since then, they have been selling off one by one. Some had been finished and restored. Others were left largely untouched. The building appears to be just within the East Village Growth Cell tax-increment financing district. So it's possible revenue from that TIF fund could help with any development of the property. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
