Economists say it will take time for the full effect of the new tariffs to work through the economy. So far, the impact has mainly included a sharp decline in sentiment and a surge in imports. The US economy contracted at the start of the year for the first time since 2022, but a gauge of underlying demand stayed firm.The S&P 500 index of US stocks and Treasury yields fell following the announcement, while the dollar pared gains.But the president has since insisted that he does not intend to fire Powell.

The vice chairman said Geico has made “rapid strides in telematics” and now “is as good as anyone.” Jain praised Geico’s CEO Todd Combs for reducing the company’s workforce. Geico cut more than 2,300 jobs last year.”All this has allowed Geico to become a more focused competitor,” he said, adding it is too soon yet to say “mission accomplished. We have achieved a lot, but we have to do a lot more.”Then at Berkshire’s 2024 annual meeting, Jain lamented that Geico was “still behind” but hoped by the end of 2025 to catch rivals in data analytics including pricing for risk, although Geico still enjoyed lower operating costs than “virtually anybody.”Geico posted substantially improved results in 2024, as it curbed its appetite to issue new policies while reducing the percentage of premiums it used to pay accident claims.Published on May 3, 2025 Jain, who has day-to-day oversight of Berkshire’s insurance operations, spoke at the conglomerate’s annual meeting in Omaha, Nebraska where he, Chairman Warren Buffett and Vice Chairman Greg Abel fielded shareholder questions. Berkshire Hathaway’s Geico car insurance unit has made progress in upgrading its technology to better match rates with risk, Berkshire Vice Chairman Ajit Jain said on Saturday.At Berkshire’s 2023 annual meeting, Jain lamented that Geico was behind the curve in telematics, where devices installed in vehicles let insurers monitor behavior including speed, braking, mileage and distracted driving including cellphone use.

The Milwaukee Journal-Sentinel, citing sources it did not identify, said Dugan steered Flores-Ruiz and his attorney to a private hallway and into a public area but did not hide the pair in a jury deliberation room as some have accused her of doing.Published on April 25, 2025 Carl Ashley, chief judge of the Milwaukee court, declined to comment. U.S. officials arrested a Wisconsin judge on Friday and charged her with helping a man evade immigration authorities in what appeared to be a dispute between President Donald Trump’s administration and local officials over immigration enforcement.Trump launched a sweeping immigration crackdown after taking office in January, declaring a national emergency and surging resources in a bid to arrest and deport record numbers of immigrants in the U.S. illegally.Dugan is charged with obstructing a proceeding and concealing an individual to prevent arrest.

A spokesperson for the U.S. Marshals Service said Dugan was arrested at the courthouse where she works on Friday morning. She was due to appear in federal court in Milwaukee later on Friday. A crowd formed outside the courthouse, chanting “free the judge now.”Wisconsin court records show that a man by that name who faced misdemeanor battery charges related to domestic abuse appeared in Dugan’s courtroom on April 18.According to the complaint, Dugan became “visibly angry” and commented that the situation was “absurd” when she discovered that immigration officials were there to arrest Flores-Ruiz.The arrest comes as the Justice Department has directed federal prosecutors to pursue criminal cases against local government officials who interfere with the administration’s immigration crackdown. Such resistance was widespread during Trump’s first 2017-2021 term in office.Dugan ordered the immigration officials to go and speak with the chief judge and then escorted Flores-Ruiz and his attorney through a door which led to a non-public area of the courthouse, the complaint said.A spokesperson for the FBI could not be immediately reached for comment.FBI Director Kash Patel said on social media that the FBI had arrested Dugan for interfering with the attempted arrest of Eduardo Flores-Ruiz, whom he described as an “illegal alien” now in custody. He later deleted that post, which he made before the case against Dugan was unsealed in federal court.In a criminal complaint, the U.S. Justice Department said Hannah Dugan, a Milwaukee County circuit judge, refused to turn over the man after immigration agents showed up to arrest him in her courtroom on April 18, and that she tried to help him evade arrest by allowing him to exit through a jury door.