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Supreme court lets Lisa Cook stay on Fed board for now
The Supreme Court allows Lisa Cook to remain on the Fed board while Trump’s effort to fire her heads to arguments in January.
Senate deadlock extends Trump-era government shutdown
U.S. shutdown begins after Senate gridlock on health care, furloughing 750,000 workers and raising fears of nationwide economic fallout.
Trump slaps tariffs on drugs, furniture, trucks
Starting Oct. 1, Trump will impose tariffs of up to 100% on drugs, cabinets, furniture and heavy trucks, citing national security.
Hegseth calls sudden meeting of U.S. generals, admirals
Defense Secretary Pete Hegseth summoned hundreds of top U.S. generals and admirals for an unusual meeting at Quantico next week.
Tylenol maker rebounds a day after Trump’s unfounded claims about its safety
Kenvue shares rebounded after Trump linked Tylenol to autism, claims disputed by the company and lacking new scientific evidence.
Trump asks Supreme Court to remove fed governor Lisa Cook
The Trump administration asked the Supreme Court to oust Fed Governor Lisa Cook, an unprecedented move to reshape the central bank’s independent board.
Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes
Retail sales rose 0.6% in August, boosted by back-to-school shopping, despite tariffs beginning to raise prices and pressure the job market.
U.S., China reach framework deal on TikTok ownership
The U.S. and China reached a framework deal to shift TikTok to U.S. ownership, with Trump and Xi set to discuss final terms Friday.
US inflation worsened last month as the cost of gas, food and airfares jumped
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes and used cars. Consumer prices increased 2.9% in August from a year earlier, the Labor Department said Tuesday, up from 2.7% the previous month and the biggest increase since January. Excluding […]
Trump administration appeals ruling blocking him from firing Federal Reserve Gov. Cook
WASHINGTON (AP) — President Donald Trump‘s administration on Wednesday appealed a ruling blocking him from firing Federal Reserve Gov. Lisa Cook as he seeks more control over the traditionally independent board. The notice of appeal came hours after U.S. District Judge Jia Cobb handed down the ruling. The White House has insisted Trump, a Republican, has the right […]
Trump cancels $679M in funding for offshore wind projects
The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry.
Trump ends duty-free rule for imports under $800
Imports under $800 no longer enter duty-free after Trump order, forcing new taxes on small parcels and disrupting global shipping services.
