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Joseph Zeballos-RoigNew Republic |
Treasury officials have begun preparing designs for a $250 bill featuring Donald Trump, a proposal that would require Congress to overturn a...
Higher oil prices and a post-Maduro political reset are pushing U.S. energy firms to reconsider Venezuela
Bond markets are betting that inflation is here to stay, elevating the stakes for policymakers steering an economy under mounting strain
Ground beef prices have climbed to a record $6.90 per pound ahead of Memorial Day, adding another layer of financial pressure for American families
Federal courts questioning Trump-era tariffs, raising the possibility that U.S. importers could see a second round of refunds
Warsh risks getting caught between a volatile president expecting interest rate cuts and his responsibility to keep monetary policy insulated from...
Gas prices are creeping closer to the dreaded $5 per gallon level, last reached in June 2022
Economists say it is still too early to know if artificial intelligence will justify lower interest rates
There are lingering doubts that Warsh will share Powell's backbone in defending the Fed against Trump's endless attempts to bring it under his control
Americans shouldn't expect a tariff refund since most companies elected to raise prices, and it's hard to calculate a precise figure for individuals
President Donald Trump intensifies his clash with Jerome Powell while nominee Kevin Warsh faces Senate gridlock
The IRS is navigating this tax season with fewer workers, new GOP tax breaks, and a growing reliance on AI
High gas prices represent a major political vulnerability for the president. His administration is
Since the Iran war ceasefire as shaky at best, most shipping firms still believe routing oil and gas tankers through the Strait of Hormuz is too risky
OpenAI’s policy roadmap proposes ways to share AI wealth and support workers as automation reshapes the economy
The scorecard is in and the results aren’t encouraging: Inflation has risen while the U.S. manufacturing sector has shed jobs for 10 months in a row
Lawmakers are showing fresh interest in guardrails for prediction markets like Polymarket and Kalshi following bets made on the Iran war
One economist observed that three of the lowest-ever consumer sentiment readings happened in the past nine months of Trump's second term
Oil’s surge and market volatility are driving investors back to the dollar as a global safe haven
Despite Elon Musk's promise to slash $2 trillion in federal spending, U.S. government outlays rose 6% in fiscal year 2025 — here's what DOGE...
At least 2,000 companies have sued the Trump administration in hope of landing refunds. They shouldn't bet on getting their money back anytime soon
Trump's assault on the Federal Reserve is stalling on multiple fronts, and could end up keeping Powell at the Fed even after his term as chair ends
The context you need, when you need it When news breaks, you need to understand what actually matters — and what to do about it. At Vox, our mission...
Putting the Jones Act on the table is the latest sign that the White House is feeling the political heat to address rising gas prices
The U.S.–Israel war with Iran has rattled global energy markets, pushing oil prices sharply higher and disrupting shipping in the Strait of Hormuz
Platforms like Kalshi and Polymarket are facing bipartisan backlash as lawmakers warn that prediction markets are monetizing state secrets
AI firms including Anthropic and OpenAI are mobilizing political groups to pour at least $150 million into elections this year
The Supreme Court tariff ruling set off a blitz of lawsuits — which now number 2,000 and counting. The fate of the refunds, however, is another story
Anthropic has pressed for assurances its Claude AI won't be engaged in mass surveillance of Americans or used in autonomous weapons without human...
OpenAI and Anthropic are raising enormous sums of campaign cash and mobilizing to leave a mark on the November midterm elections
Anthropic has pressed for assurances its AI won't be engaged in mass surveillance of Americans or used in autonomous weapons that don't require human...
Many Americans are souring on the president's handling of the economy with grocery prices and electricity bills stubbornly high
Some major tech companies are taking steps to finance their own power generation so Americans don't get stuck with the bill from new AI data centers
The rest of the government has been funded through Sept. 30. That includes the Federal Aviation Administration within the Department of...
Trump's tariffs amount to self-inflicted blows that will drag down the economy, according to a new CBO report
The tariffs are broadly unpopular: A new analysis shows they amounted to a $1,000 tax hike on Americans last year
The comments reflect the enormous pressure that Warsh may be under from the White House if he's ultimately confirmed by the Senate
Builders and manufacturers are wary about their future spending, while automakers are increasingly stung after making big bets on electric vehicles
Analysts are expecting the latest batch of jobs data to show employers adding jobs at a tepid pace
The dollar has shed more than 10% of its value since Trump re-entered the Oval Office. The president says the weaker currency is "great"
"That is up to the president," Bessent said, as senators grilled him on Trump's treatment of the Fed — and Powell's successor
Critics argue the change brushes aside a law that provided job protections for career employees while limiting at-will employment to political...
Endless trade wars and Trump's demands for Greenland have stirred debate around the consequences of a "fire sale" of U.S. bonds
After its deadly raid, the U.S. is in position to control Venezuelan oil supplies and dictate the terms under which it is pumped and sold
For now, the agency is forced to suspend data collection until Congress restores its funding which lapsed on January 30
Barclays and Morgan Stanley forecast two rate cuts this year. Trump nominated Kevin Warsh to lead the Federal Reserve last week
A belligerent style of American foreign affairs has fostered a uniquely unpredictable environment likely to scare off U.S. oil and gas companies
Warsh will find it hard to deliver on Trump's demand for lower interest rates. He has also endorsed slashing the Fed balance sheet
The pick elevates a policymaker who developed a reputation for his hawkish views on inflation. Warsh has aligned with Trump in criticizing the Fed
A new lawsuit could mark the start of a gloves-off confrontation between Trump and Wall Street executives
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