category: Economy
Trump signs executive order hitting imported brand-name drugs with 100 percent tariff
President Trump signed an executive order Thursday imposing a 100 percent tariff on imported brand-name pharmaceuticals and their active ingredients,…
By Elizabeth Delaney
Mortgage rates drop below 6% for first time since September 2022
The 30-year fixed mortgage rate fell to 5.98 percent this week, according to Freddie Mac, breaking below the six percent…
By Christina Davie
January inflation drops to 2.4%, beating forecasts as key household costs cool
Consumer prices rose just 2.4% year-over-year in January, undershooting the 2.5% economists had projected and marking a 0.3 percentage-point drop…
By Christina Davie
House passes resolution to repeal Trump's Canada tariffs after six Republicans defect
Six House Republicans broke ranks on Wednesday and handed Democrats a 219-211 vote to terminate President Trump's tariffs on Canada…
By Christina Davie
House passes bipartisan housing bill 390–9 with sweeping regulatory rollbacks
The House cleared a massive housing reform package on Monday with a vote that wasn't even close. The Housing for…
By Christina Davie
House passes bipartisan housing bill 390–9, targeting red tape and HUD reform
The House passed the Housing for the 21st Century Act on Monday in a 390–9 vote — a rare display…
By Christina Davie
Federal Reserve keeps interest rates unchanged
The Federal Reserve’s latest decision to hold interest rates steady at 3.5% to 3.75% signals a cautious pivot in monetary…
By Christina Davie
Trump administration halts $30 billion in Biden-era green loans
The Trump administration has taken a bold step, slashing nearly $30 billion in green energy loans from the Biden era,…
By Christina Davie
GDP growth revised to 4.4% for third quarter last year
The U.S. economy is roaring louder than expected, with new numbers showing a surprising surge in growth for the third…
By Matthias Dathan
Dow climbs nearly 600 points after Trump reveals Greenland deal framework
Wall Street roared back to life on Wednesday with a stunning recovery, as the Dow Jones Industrial Average soared nearly…
By Christina Davie
