Sweeping layoffs 'have begun' as government shutdown drags on
Trump administration blames Democrats for funding stalemate triggering federal layoffs, as National Economic Council director Kevin Hassett warns of permanent RIFs.
Trump's shortlist to replace Powell is starting to take shape
The list of candidates being interviewed by Treasury Secretary Scott Bessent to replace Federal Reserve Chairman Jerome Powell has narrowed to five candidates.
Trump threatens 'massive' tariff increase on China amid dispute over rare earth minerals
President Trump threatened to impose "massive" tariffs on China in retaliation for Beijing restricting exports of rare earth minerals that are critical technological components.
IRS reveals 2026 tax adjustments with changes from 'big, beautiful bill'
The IRS released updates for tax year 2026, adjusting tax brackets, standard deductions, estate tax exclusions and various credits for inflation and the One Big Beautiful Bill Act.
Trump strikes deal to buy Finnish icebreakers, build 7 more in Texas, Louisiana
The U.S. and Finland will sign an icebreaker deal authorizing the construction of 11 Arctic icebreakers aimed at strengthening U.S. national security.
Trump approves Alaska project for mining critical minerals: what is the economic importance?
President Donald Trump approved the Ambler Road Project to build a 211-mile road accessing Alaska's remote mining district, which is rich in critical minerals.
Trump reverses Biden block on Alaska project; US takes 10% stake to unlock critical minerals
The Trump administration invests $35.6 million in Canada's Trilogy Metals and overturns Biden's Alaska mining road restriction to unlock domestic critical minerals.
Trump announces 25% tariff on medium- and heavy-duty trucks
President Donald Trump announced a fresh 25% tariff on foreign-made medium- and heavy-duty trucks, set to take effect at the start of next month.
Social Security Commissioner Frank Bisignano named IRS CEO
Social Security Commissioner Frank Bisignano is set to take on a second role in the Trump administration as he was named the CEO of the Internal Revenue Service.
US Treasury planning to mint $1 coins with Trump's image
The Treasury Department is planning to mint $1 coins bearing the image of President Donald Trump as part of the effort to commemorate the 250th anniversary of America's founding.
Trump's labor secretary says Democrats must end shutdown to release September jobs data
The release of the September jobs report is "all on the shoulders of the Democrats," Labor Secretary Lori Chavez-DeRemer says as the government shutdown delays the data.
Trump admin pauses $2.1B for Chicago infrastructure projects over 'race-based contracting' concern
The Trump administration is putting $2.1 billion in Chicago infrastructure projects on hold to ensure "funding is not flowing via race-based contracting."
What is the significance of Trump's effort to remove the Fed's Lisa Cook?
President Trump's attempt to fire Fed Governor Lisa Cook over alleged mortgage fraud set off an unprecedented legal battle and carries significance for the Fed's monetary policymakers.
Trump's Energy Department axes Biden-era projects, saving taxpayers $7.56B
American taxpayers are off the hook for $7.56 billion after Trump's Department of Energy terminated hundreds of Biden-era green energy projects deemed "not economically viable."
Back-to-back highs: August and September bring in $62.6B in tariff revenue
September tariff collections reached $31.3 billion as President Donald Trump's trade policies face a Supreme Court challenge over presidential authority to impose import taxes.
White House pulls nomination of E.J. Antoni to head Bureau of Labor Statistics
Trump pulls Bureau of Labor Statistics nominee E.J. Antoni, who had criticized the agency's jobs data methodology as fundamentally flawed.
Trump announces drug pricing deal with Pfizer
President Donald Trump announces drug pricing deal with Pfizer offering Americans discounts on medications through new TrumpRX website.
Trump administration, Federal Reserve, and CBO release conflicting economic forecasts for next four years
The Fed's interest rate cut comes amid economic uncertainty as new projections from the Fed, CBO and OMB show differing outlooks for GDP growth, inflation and unemployment through 2028.
Airlines warn government shutdown could disrupt flights, strain aviation system
U.S. airlines and aviation groups are warning Congress that a government shutdown at midnight would disrupt air travel and jeopardize safety.
Trump scores $24.5M YouTube settlement over account suspension dispute
President Trump settles tech platform lawsuits with Alphabet paying $24.5 million, following earlier settlements with Meta and X over account suspensions.



















