category: Economy
Recently-approved, Republican-backed cuts trim $9B in public expenditures
In a move that has stirred wide-ranging debate, the Republican-controlled Congress has approved massive budget cuts affecting public broadcasting and…
By Matthias Dathan
Trump secures domestic rare earth supply, alleviates reliance on China
In a significant geopolitical move, President Donald Trump has finalized a landmark deal to boost the U.S. domestic production of…
By James Carver
Sen. Bernie Moreno demands Fed chair's resignation
Sen. Bernie Moreno of Ohio has sparked controversy by demanding the resignation of Federal Reserve Chair Jerome Powell, criticizing his…
By Matthias Dathan
Wave of bankruptcies hits home improvement retail sector
Several major home improvement and gardening retailers have filed for Chapter 11 bankruptcy amid growing economic stress following the pandemic-era…
By Christina Davie
Employment trends undergo notable shifts in second Trump term
In a development projected to reshape the American workforce, recent data from 2025 indicates a significant rise in employment among…
By James Carver
Trump pressures Fed chair Powell as Bessent remains largely mum about future
President Donald Trump has renewed pressure on Federal Reserve chairman Jerome Powell to resign, stirring debate over the central bank's…
By Christina Davie
Bessent hints at openness to replacing Powell as Fed chair
The Trump administration is considering candidates for the role of Federal Reserve chair, amid criticisms of the current chairman's monetary…
By Matthias Dathan
Trump defends tariff strategy amid ongoing legal, economic debates
President Donald Trump has recently defended his administration’s use of trade tariffs, underscoring their significance in safeguarding the U.S. economy…
By Christina Davie
Supreme Court rules in favor of oil producers' legal challenge to CA's EV mandates
The U.S. Supreme Court delivered a landmark decision this week, ruling in favor of oil companies challenging California's electric vehicle…
By James Carver
Report: American workers see wage increase amid Trump migration crackdown
Migration policies under President Donald Trump appear to have sparked a wage increase for American workers, according to recent analyses…
By Matthias Dathan
