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House Approves Trump's $9 Billion Cut to Public Broadcasting and Foreign Aid
House Approves Trump's $9 Billion Cut to Public Broadcasting and Foreign Aid
The House gave final approval to President Donald Trump's request to claw back about $9 billion in funding for public broadcasting and foreign aid early Friday. The vote marked the first time in decades that a president has successfully submitted such a rescissions request...... [Full Story]
Sen. Cornyn: Clash Between Trump, Fed 'a Familiar Debate'

Sen. Cornyn: Clash Between Trump, Fed 'a Familiar Debate'

Sen. John Cornyn said Friday that the clash between President Donald [Full Story]
Trump: I'll Sue WSJ, Murdoch Over Story on Alleged 2003 Letter to Epstein

Trump: I'll Sue WSJ, Murdoch Over Story on Alleged 2003 Letter to Epstein

President Donald Trump threatened to sue The Wall Street Journal and [Full Story]
Report: Trump Pushing for 15-20 Percent Tariff on EU

Report: Trump Pushing for 15-20 Percent Tariff on EU

President Donald Trump is pushing for a minimum tariff of 15%-20% in [Full Story]
Weaker Dollar Causes Netflix Shares to Drop More Than 4 Percent

Weaker Dollar Causes Netflix Shares to Drop More Than 4 Percent

Netflix shares declined more than 4% on Friday as some investors were [Full Story]
American Express Surpasses Profit Expectations on Robust Spending

American Express Surpasses Profit Expectations on Robust Spending

American Express exceeded estimates for second-quarter profit on [Full Story]
US Producer Prices Unchanged, Wholesale Inflation Under Control

US Producer Prices Unchanged, Wholesale Inflation Under Control

U.S. wholesale inflation cooled last month, despite worries that [Full Story]
Moderna Cancels Plans to Build Japan Plant on Poor Business Environment

Moderna Cancels Plans to Build Japan Plant on Poor Business Environment

Moderna said on Friday it will not proceed with plans to build a [Full Story]
Institutional Investors Warm to Crypto but Demand Still Nascent

Institutional Investors Warm to Crypto but Demand Still Nascent

Bitcoin's surge to a record this week has reignited questions about [Full Story]
Fed's Rate-Cut Delay Intact as Inflation Fears Override Trump Pressure

Fed's Rate-Cut Delay Intact as Inflation Fears Override Trump Pressure

The case for a U.S. interest rate cut remains unresolved as Federal [Full Story]
Sen. Cotton Presses DoD on China Ties at Microsoft

Sen. Cotton Presses DoD on China Ties at Microsoft

A U.S. senator is asking the Pentagon for more information on [Full Story]
Trump Nominates 2 Lawyers to Seal GOP Control of Labor Board

Trump Nominates 2 Lawyers to Seal GOP Control of Labor Board

board has lacked a quorum of three members and has been unable to [Full Story]
What's in GOP Bill Cutting $9B From Public Broadcasting, Foreign Aid

What's in GOP Bill Cutting $9B From Public Broadcasting, Foreign Aid

The Republican-led Congress is testing the popularity of Department [Full Story]
Order: Interior Sec. Burgum Must Personally Approve Wind, Solar Projects

Order: Interior Sec. Burgum Must Personally Approve Wind, Solar Projects

All solar and wind energy projects on federal lands and waters must [Full Story]
Bill Regulating Stablecoins Sent to Trump

Bill Regulating Stablecoins Sent to Trump

The House has passed two bills intended to boost the legitimacy of [Full Story]
Former Fed Board Member Warsh Calls for Regime Change

Former Fed Board Member Warsh Calls for Regime Change

Kevin Warsh, a former member of the Federal Reserve board of [Full Story]
Sen. Warren: Dumping Powell Would 'Bring Down' Markets

Sen. Warren: Dumping Powell Would 'Bring Down' Markets

Sen. Elizabeth Warren, D-Mass., claimed that if President Donald [Full Story]
JP Morgan's Benhamou: Market Focus Shifting to Next Fed Chair

JP Morgan's Benhamou: Market Focus Shifting to Next Fed Chair

JPMorgan Chase & Co.'s Ilan Benhamou says it's unlikely that Fed [Full Story]
Report: FDA Lets Juul Keep E-Cigarettes on Market

Report: FDA Lets Juul Keep E-Cigarettes on Market

The U.S. Food and Drug Administration has approved Juul's original [Full Story]
Trump Hails 'Great Numbers': 'Too Late,' Lower Rates

Trump Hails 'Great Numbers': 'Too Late,' Lower Rates

Amid strong economic data released Thursday that pointed to robust [Full Story]
Meta Investors, Zuckerberg Settle $8B Facebook Privacy Case

Meta Investors, Zuckerberg Settle $8B Facebook Privacy Case

Mark Zuckerberg and current and former directors and officers of Meta [Full Story]
US Retail Sales Beat Expectations in June

US Retail Sales Beat Expectations in June

U.S. retail sales rebounded more than expected in June, but some of [Full Story]
US Weekly Jobless Claims Fall; Job Growth Appears Steady in July

US Weekly Jobless Claims Fall; Job Growth Appears Steady in July

The number of Americans filing new applications for jobless benefits [Full Story]
China Threatens to Block Panama Ports Deal Unless Its Shipping Giant Gets Stake

China Threatens to Block Panama Ports Deal Unless Its Shipping Giant Gets Stake

China is threatening to block the sale of more than 40 ports, owned [Full Story]
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Insiders
Thomas Kolbe
Thomas Kolbe
Will Paris Strike the Match Igniting Europe's Next Debt Crisis?
With political gridlock and party games compounded by a recurring cycle of social unrest, it's unlikely... [Full Story]
Michael Busler
Michael Busler
Surplus Surprise: Trump's Quick Turnaround in Budgeting
Some progressives argue that we could reduce the annual deficit by raising taxes on the highest income... [Full Story]
Max Baecker
Max Baecker
Dollar's Decline Real: Don't Wait to Turn to Gold
At the IMF and World Bank meetings earlier this year, officials publicly insisted the dollar remains... [Full Story]
Peter Morici
Peter Morici
Donald Trump Isn't Smothering American Exceptionalism
Twitter @pmorici1
Over the next several years, the economy will grow well but not at the torrid pace of the first Trump and... [Full Story]
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