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The Pour Over Today

Economy Shrinks, U.S.-Ukraine Mineral Deal, Columbia Student Released, & More | 05.02.25

The Pour Over Today

The Pour Over

Religion & Spirituality, News, Christianity, Daily News

4.8 • 3.5K Ratings

🗓️ 2 May 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

TPO Handpicked Guide: ⁠https://thepourover.org/handpicked/⁠ Today we’re talking about the U.S. economy contracting in Q1; the U.S. and Ukraine signing a rare-mineral deal; a pro-Palestine Columbia student being released on bail; and other top news for Friday, May 2nd. Stay informed while remaining focused on Christ with The Pour Over Today. Please support our TPO sponsors! Upside: ⁠https://links.thepourover.org/Upside⁠ Cru: ⁠give.cru.org/pour⁠ LMNT: ⁠https://links.thepourover.org/LMNT_Podcast⁠ Student Life Application Study Bible: ⁠https://links.thepourover.org/SLASB_Pod⁠ Stress Less: ⁠https://links.thepourover.org/StressLess⁠ Platforms to Pillars: ⁠https://links.thepourover.org/PlatformstoPillars⁠ Subsplash: ⁠subsplash.com/tpo⁠ CSB: ⁠https://links.thepourover.org/CSB_podcast⁠ Field of Greens: ⁠FieldofGreens.com

Transcript

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0:00.0

Today's episode is brought to you by our lead sponsor, Crew.

0:04.2

This is our final shout out for our staff's 18 hand-picked gift ideas for moms, dads and grads.

0:10.8

So, if you forget to get someone special a gift, well, it's now on you.

0:16.5

Check out the link in the show notes.

0:20.9

Hey, this is Zan at the Porover.

0:23.5

And this is Joe at the Porover.

0:25.9

Today, we're talking about the U.S. economy contracting in Q1, the U.S. and Ukraine signing

0:32.0

a rare mineral deal, a pro-Palestine-Columbia student being released on bail, and other top news for Friday, May 2nd.

0:40.5

Stay informed while remaining focused on Christ with the pourover today.

0:44.9

Here's your quote of the day.

0:47.1

You cannot put straight in others what is warped in yourself.

0:51.0

St. Athanasius of Alexandria.

0:56.4

Let's get started with some espresso shots.

1:07.5

GDP took a tumble. The U.S. economy shrank 0.3% from January to March, its first contraction since 2022. The decline was largely driven by businesses scrambling to stock up ahead of

1:13.1

tariffs. If you're wondering what that means, Uncle Sam buying more decreases net exports,

1:19.4

which is a component of GDP. Though that wasn't the only factor, consumer spending dip two.

1:25.5

Trade activity is also feeling it. Cargo shipments from China to the

1:29.7

U.S. have plunged 65% since the 145% tariff took effect just three weeks ago. Economists

1:37.3

warn that Americans may begin crossing off empty shelves and higher prices from their 2025 bingo cards this month.

1:46.2

If times are tough, no one told META or Microsoft.

1:49.9

Both tech giants posted strong earnings on Wednesday.

1:53.7

Microsoft's quarterly revenue was up 13% from a year ago.

...

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