Please ensure Javascript is enabled for purposes of website accessibility

economic policy

May 9, 2025

As US and China begin trade talks in Geneva, Trump’s tariff hammer looks less mighty than he claims

Trump raises China tariffs to 145%, sparking retaliation and global market jitters as trade talks begin in Geneva with no clear resolution in sight.

FILE - In this July 31, 2019, file photo, Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. (AP Photo/Manuel Balce Ceneta, File)
May 7, 2025

Fed holds rates steady amid tariff-driven inflation risk

The Fed keeps interest rates unchanged as it weighs Trump’s tariffs, inflation risk, and economic uncertainty before deciding on possible future cuts.

U.S. Sen. Tim Kaine spoke April 30, 2025 on the Senate floor. Photo courtesy Office of Tim Kaine
May 1, 2025

Senate blocks Kaine-sponsored bid to stop Trump’s tariffs

Senate Republicans block a resolution cosponsored by U.S. Sen. Tim Kaine to halt Trump’s global tariffs, highlighting GOP divides and rising economic concerns.

President Donald Trump speaks with reporters as he participates in a ceremonial swearing in of Paul Atkins as chairman of the Securities and Exchange Commission, in the Oval Office of the White House, Tuesday, April 22, 2025, in Washington. (AP Photo/Alex Brandon)
Apr 30, 2025

Trump’s tariffs echo Hoover-era economic missteps

Trump's 2025 tariffs trigger market turmoil, drawing comparisons to Hoover's Depression-era policies and warnings from economists and business leaders.

Sen. Stella Pekarsky, D-Centreville, is the chief patron of Senate Bill 738. The bill seeks to limit cell phone use in schools. Photo courtesy Capital News Service
Apr 30, 2025

Virginia junk fee ban awaits action from governor

Virginia may ban hidden junk fees under new legislation, but Gov. Youngkin must act by May 2 to sign or veto the consumer protection bill.

Apr 30, 2025

Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy

Trump economy, GDP decline, U.S. tariffs, Biden blame, stock market, trade war, recession warning, import taxes, economic policy, CHIPS Act

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.