White House Fires Back at NY Fed Research Arguing Americans Shoulder Most Tariff Costs
A political clash is brewing between the White House and central-bank researchers after Kevin Hassett publicly suggested punishment for the authors of a Federal Reserve Bank of New York analysis that challenges the administration’s tariff narrative. In a February 18 interview with CNBC, Hassett said the research was “an embarrassment,” called it “the worst paper” […]
New CEO, High Expectations: Walmart Signals a Cautious 2026 Outlook Despite Strong Momentum
Wall Street has spent months bidding up Walmart shares, but investors are bracing for a more measured tone when the retailer delivers its annual outlook alongside quarterly results. The key reason is timing: this is the first earnings report under new CEO John Furner, who took over at the start of February and inherits a […]
US Factory Output Jumps Most in 11 Months, Signaling a Tentative Manufacturing Rebound
U.S. manufacturing activity showed a noticeable pulse of life in January, with factory production posting its largest monthly gain in 11 months—a result that offers some optimism for a sector that has been pressured by higher borrowing costs and trade frictions. According to data, manufacturing output rose 0.6% in January after being flat in December, […]
Homan Rejects Democrats’ ICE Overhaul Demands as DHS Funding Fight Deepens
Tom Homan, the Trump administration’s “border czar,” forcefully dismissed Democratic lawmakers’ demands to overhaul U.S. Immigration and Customs Enforcement, even as backlash grows over aggressive enforcement tactics and Congress remains deadlocked over funding for Department of Homeland Security. The dispute is tied to a high-stakes budget standoff that has pushed DHS into a partial shutdown. […]
After Massive Sewage Spill, Trump Orders Federal Takeover of Potomac Response to Protect Region’s Water
President Trump said the U.S. government will step in to coordinate the response to a major sewage leak into the Potomac River, describing the incident as an environmental emergency that demands federal involvement. Trump said federal authorities — including the Federal Emergency Management Agency — would intervene to help manage the cleanup and protect the […]
Nexo Re-enters the U.S. with a New Compliant Lending and Yield Offer after Regulator Settlement
The crypto firm Nexo says it is returning to the United States, three years after it exited the market following a high-profile clash with regulators that ended in a $45 million settlement. The company, which was founded by former Bulgarian lawmaker Antoni Trenchev, had been targeted over a crypto lending product that U.S. authorities said […]
The Next Global Race AI Isn’t Just Who Discovers More, But Who Discovers Faster
Physicist Nishant Sahdev argues that the speed of scientific discovery has become a strategic asset—and that artificial intelligence is rapidly becoming the “super-accelerator” that will decide which nations lead and which become dependent. Writing from Chapel Hill, he points to a recent move by the US Department of Energy: the launch of 26 “science and […]
Republicans Target 2016 Toxic-Chemicals Reforms, Alarmed Advocates Warn of Higher Risks for Consumers and Workers
A new Republican-backed bill in the U.S. House would rewrite key parts of the country’s main chemical safety law in ways that public-health and environmental advocates say would sharply reduce protections for consumers, workers, and ecosystems. It’s described as an attempt to roll back major reforms Congress made in 2016 to the Toxic Substances Control […]
Senate Democrats Demand Answers after EPA Drops “Dollar Value” for Lives Saved by Pollution Rules
More than three dozen Democratic senators have opened an inquiry into a major policy change at the U.S. Environmental Protection Agency that could reshape how the government justifies (and potentially weakens) air-pollution rules. The senators say the agency’s new approach is “particularly troubling” because it abandons a long-standing practice of putting a monetary value on […]
Seven Injured After Buddha Air ATR-72 Overruns Runway in Nepal, Raising Renewed Questions About Regional Aviation Safety
Bhadrapur, Nepal — A Buddha Air ATR-72 aircraft overran the runway while landing at Bhadrapur Airport late Monday night, injuring seven people and reigniting global attention on the risks associated with operations at airports with reduced safety margins. According to initial reports, the turboprop aircraft was operating a domestic flight when it failed to stop […]
