Sign In
Free Newsletter
Trump administration says it will expand coal leasing, fund coal plant upgrades
WASHINGTON (Reuters) -The Trump administration will expand coal mine leasing on federal lands and provide hundreds of millions of dollars to support more coal-fired power generation, officials said on Monday. The plan is part of a broader effort by the administration to reverse the decline of coal use in the U.S., a fossil fuel that […]
White House budget office tells agencies to draft mass firing plans ahead of potential shutdown
OMB told agencies to prepare mass layoffs if the government shuts down next week, escalating pressure in Trump’s budget fight with Democrats.
Trump’s workforce purge batters DC’s job market and leads to rise in homes for sale, report finds
A Brookings report shows DC’s job market weakening as Trump’s federal workforce cuts push unemployment to the highest rate in the nation.
US implements EU trade deal, 15% autos tariffs retroactive to Aug 1
The Trump administration confirmed a trade deal with the EU, lowering auto tariffs to 15% and exempting aircraft, drugs, and raw materials.
Trump administration rehires hundreds of federal employees laid off by DOGE
Hundreds of federal employees laid off from managing government workspaces are being reinstated as Trump retreats from real estate cuts.
As Boeing’s stock rises on a new foreign deal, US officials signal China may be next to order planes
Boeing shares rose after a $8B Uzbekistan Airways Dreamliner order, with U.S. officials hinting a major China aircraft deal is near.
Powell signals Federal Reserve to move slowly on interest rate cuts
Fed Chair Jerome Powell signaled caution on more rate cuts, diverging from Trump-appointed officials pushing for faster, deeper reductions.
Democrats tie $6B Nexstar-Tegna deal to Jimmy Kimmel’s suspension
Congressional Democrats, including U.S. Sen. Tim Kaine, are tying ABC late night host Jimmy Kimmel's indefinite suspension on Wednesday to the $6.2 billion Nexstar-Tegna acquisition.
Port of Virginia sees 8.7% drop in cargo traffic
The Port of Virginia has seen a decline in shipping container volumes in recent months, amid President Trump's trade war.
Shipping companies support a first-ever global fee on greenhouse gases, opposed by Trump officials
Nearly 200 shipping companies urge nations to back the IMO’s first global fee on greenhouse gas emissions, despite U.S. opposition.
Wall Street coasts toward the finish of its best week in the last 5
NEW YORK (AP) — Wall Street is coasting toward the finish of its best week in the last five on Friday as U.S. stocks hang near their record levels. The S&P 500 was mostly unchanged from the all-time high it set the day before. The Dow Jones Industrial Average was down 204 points, or 0.4%, as […]
Trump administration requests emergency ruling to remove Cook from Fed board
WASHINGTON (AP) — The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates. The request represents an extraordinary effort by the White House to shape the board before the Fed’s interest rate-setting committee meets next Tuesday and […]
