152 articles in the Economy category.
By Tommy Flynn
WASHINGTON — The Senate confirmed Kevin Warsh as a member of the Federal Reserve Board of Governors on Tuesday, positioning the former Fed official to succeed Jerome Powell as chairman once his nomination for the four-year chair term receives final approval. Lawmakers voted...
By Tommy Flynn
WASHINGTON — President Donald Trump signed executive orders Monday suspending tariff-rate quotas on all beef imports for 200 days, clearing the way for more foreign beef to enter the U.S. at lower rates and ease record consumer prices. The move targets the smallest U.S. cattle...
By Tommy Flynn
WASHINGTON — Energy Secretary Chris Wright said Sunday the Trump administration is open to suspending the federal gas tax to provide relief for American drivers facing higher prices tied to the conflict with Iran. Appearing on NBC’s “Meet the Press,” Wright stated, “All measures...
By Tommy Flynn
WASHINGTON — The U.S. economy added 115,000 jobs in April, far exceeding economists’ forecasts and demonstrating continued strength under President Donald Trump even as tensions with Iran persist in the Middle East. The Bureau of Labor Statistics reported Friday that nonfarm...
By Tommy Flynn
WASHINGTON — The U.S. Court of International Trade ruled Thursday that President Donald Trump’s 10% global tariffs on most imports are unlawful, dealing another significant legal setback to the administration’s trade agenda. In a 2-1 decision, a three-judge panel found that...
By Tommy Flynn
DES MOINES — Vice President JD Vance highlighted massive fraud in the Supplemental Nutrition Assistance Program (SNAP) during a rally in Iowa on May 5, 2026, revealing that approximately 186,000 deceased individuals are still listed as active recipients and receiving benefits....
By Tommy Flynn
WASHINGTON — President Donald Trump has signed an executive order authorizing the Bridger Pipeline Expansion, a major new cross-border oil pipeline project that would transport Canadian crude into the United States and effectively revive key elements of the Keystone XL pipeline...
By Tommy Flynn
WASHINGTON — The U.S. Geological Survey announced this week that the Appalachian region holds an estimated 2.3 million metric tons of undiscovered, economically recoverable lithium oxide — enough to replace 328 years of current U.S. lithium imports and power 130 million electric...
By Tommy Flynn
WASHINGTON — President Donald Trump announced Friday that the United States will increase tariffs on cars and trucks imported from the European Union to 25%, effective next week. In a Truth Social post, Trump stated: “Based on the fact the European Union is not complying with...
By Tommy Flynn
WASHINGTON — The Federal Reserve is widely expected to keep its benchmark interest rate unchanged when it concludes its two-day meeting on April 29, 2026 — Jerome Powell’s final FOMC meeting as Chair. In a statement following the meeting, the Federal Open Market Committee (FOMC)...
By Tommy Flynn
ABU DHABI — The United Arab Emirates announced on April 28, 2026, that it will withdraw from the Organization of the Petroleum Exporting Countries and the broader OPEC+ alliance, effective May 1. The decision, reported by state news agency WAM, follows a comprehensive review of...
By Tommy Flynn
ASHINGTON — The Department of Justice Antitrust Division has opened a criminal investigation into major meatpacking companies accused of illicit collusion, price fixing, and market manipulation that has driven up beef prices for consumers while suppressing prices paid to...