Trump's 50% Tariff Punishing India For Buying Russian Oil Now Active
The tariff rate on India doubled overnight in a bid to discourage the country from continuing to buy cheap Russian oil.
Trump fires Federal Reserve Gov. Lisa Cook over mortgage fraud allegations
President Trump fired Federal Reserve Gov. Lisa Cook Monday over allegations that she committed mortgage fraud.
U.S. takes 10% stake in Intel Trump expands control of private sector
Commerce Secretary Howard Lutnick said that the U.S. government has taken a 10% stake in chipmaker Intel.
GE Appliances to invest over $3 billion in US manufacturing push
The GE Appliances investment will create 1,000 jobs in five states and is aimed at expanding the company's air conditioning and water heating
Appeals Court Allows Trump Administration CFPB Mass Terminations to Proceed
A federal appeals court overturned a lower court ruling that had blocked the Trump administration's efforts to dismantle the Consumer Financi
Putin Pushes Trade Cooperation in Alaska Summit with Trump as Ukraine War Looms
Russian president pitches economic partnership with US during three-hour Trump meeting, blaming NATO expansion for Ukraine conflict amid ongo
DC crime rates among highest nationwide as Trump declares emergency
Washington, D.C., recorded a homicide rate of 27.54 per 100,000 residents in 2024, ranking fourth among major U.S. cities despite overall vio
Trump delays China tariffs until November as trade talks continue
Treasury Secretary Scott Bessent participated in trade negotiations with China in May that resulted in a deal to temporarily ease up on stric
U.S. Goods Trade Deficit Shrinks Sharply in June
Steep drop in consumer goods imports likely to boost second-quarter GDP. | Economy
Trump Announces Tariff-Backed Energy Pact with EU
The president sat down at a ballroom in his Turnberry course in Scotland with the EU Commission president, complaining about 'one-sided' trad
Fed Shock: Fed Officials Forecast Higher Rates and Higher Inflation
The Fed says it expects tariffs will trigger higher inflation later this year. | Economy
Powell's Fed chair term ends 2026, Trump already seeking replacement: report
Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticiz
Trump says he is open to extending an earlier July trade deal deadline
President Donald Trump indicates willingness to extend July 8 trade deal deadline for countries negotiating with the U.S., but he believes it
May CPI: Inflation ticked slightly higher on an annual basis last month
The Bureau of Labor Statistics reported that the consumer price index (CPI) increased in May, as inflation remained above the Federal Reserve
House GOP forms task force to push spending cuts after Musk's DOGE exit
The House's Republican Study Committee is forming a new task force to help get fellow GOP lawmakers on-message about the rescissions process.
Economists warn $4 trillion tax hike looms if 2017 tax cuts expire
Over 300 economists urged President Donald Trump and GOP leaders in Congress to extend the 2017 tax cuts to prevent a $4 trillion tax hike, w
U.S. Economy Added 139,000 Jobs in May Even As Government Employment Shrank
Jobs come in higher than expected again, as economists continue to underestimate the strength of the economy under Donald Trump. | Economy
Trump Agrees With Elizabeth Warren: Scrap The Debt Limit
President Donald Trump shared on Wednesday that he wants the debt limit "scrapped," which Sen. Elizabeth Warren (D-MA) has also called for.
U.N. Atomic Energy Agency Confirms El Salvador Taking First Steps Towards Nuclear Power
The International Atomic Energy Agency concluded a safety review of El Salvador's site selection process for its first nuclear power plant.