184 articles in the Economy & Business category.
By Tommy Flynn
An adviser to Iran’s Islamic Revolutionary Guard Corps said Wednesday that the Strait of Hormuz is closed and that Iranian forces have “full control” of it. Tanker-tracking data for September say the opposite about everyone except Iran. Mohammadreza Naqdi told the Fars news...
By Tommy Flynn
The Interior Department on Friday put in place a categorical exclusion for winter oil and gas exploration in the National Petroleum Reserve–Alaska, dropping the requirement that each qualifying project get its own environmental assessment. The notice, document 2026-20763, is...
By Tommy Flynn
Vice President JD Vance said Thursday the administration is suspending Microsoft from the Permanent Labor Certification program, the Labor Department step most employers must clear before sponsoring a foreign worker for a green card. He said no company had abused the system...
By Tommy Flynn
Gov. Ron DeSantis said Tuesday that Florida’s Medicaid integrity push has cut projected spending on Applied Behavior Analysis services by nearly $1 billion for the coming fiscal year. The Agency for Health Care Administration had projected ABA spending, the therapy billed for...
By Tommy Flynn
President Donald Trump went to Sparrows Point on Tuesday to announce Arsenal-2, an Anduril Industries shipyard on the former Bethlehem Steel site that will build components for the Navy’s Virginia-class attack submarines. Anduril is putting $3.7 billion of private capital into...
By Tommy Flynn
President Donald Trump signed an executive order Monday allowing off-road dyed diesel to be used on highways through the end of the year and directing the Treasury Department to defer the federal excise tax on that fuel without interest or penalties. The White House fact sheet,...
By Tommy Flynn
Federal Medicaid rules that took effect Thursday are ending coverage for hundreds of thousands of lawfully present immigrants who do not hold green cards, the first large eligibility cut from President Trump’s One Big Beautiful Bill Act to reach enrollees. The law, signed July...
By Tommy Flynn
The Group of Seven agreed Friday to a coordinated release of 100 million barrels of oil and diesel over four months, and President Trump said a U.S. diesel export ban is off. The joint statement, released by the office of French President Emmanuel Macron, said the release will...
By Tommy Flynn
The White House Council of Economic Advisers released a report Thursday scoring the Democratic Socialists of America’s platform at a net fiscal cost of $48.9 trillion over ten years, or about $355,000 per American household. The report, “The Real Cost of Socialism in America,”...
By Tommy Flynn
Gulf crude exports climbed back above a pre-war baseline in the final week of September, while Iranian loadings have effectively stopped, according to tanker-tracking data from Kpler. Kpler figures cited by CNBC and Gulf News put regional crude exports at about 16.5 million...
By Tommy Flynn
The Trump administration has told France and Germany to draw down emergency diesel stocks or face a possible U.S. ban on diesel exports. The warning, reported Thursday by Reuters from three people close to the talks, is aimed at record American diesel prices ahead of the Nov. 3...
By Tommy Flynn
EPA Administrator Lee Zeldin told Newsmax on Monday that gasoline price trends are moving in the right direction as the administration presses domestic production, deregulation, and temporary fuel waivers against still-elevated pump prices. The comments came on Newsmax TV as the...