Trump Signs Short-Term Extension of Controversial Surveillance Powers, Setting Up New Fight in Congress
President Donald Trump has signed a short-term bill extending one of the U.S. government’s most controversial surveillance authorities until April 30, temporarily preventing the program from expiring but guaranteeing another fight in Congress within days. Trump approved the measure on Saturday April 18 after the Senate passed it Friday in a last-minute effort to keep […]
U.S. Companies Flood New Refund System After Court Orders Return of Illegally Collected Tariffs
A new federal refund system has gone live to let U.S. companies recover money paid under tariffs that were later ruled illegal, triggering a rush of claims from importers eager to reclaim billions of dollars. The portal was launched by U.S. Customs and Border Protection after a court order required the government to prepare to […]
House Defies Trump to Extend Temporary Protections for Haitians Facing Deportation
The U.S. House of Representatives delivered a rare setback to President Donald Trump’s immigration agenda by voting to extend Temporary Protected Status, or TPS, for roughly 350,000 Haitians living in the United States. The House approved the measure by a vote of 224 to 204, with ten Republicans and one independent joining Democrats in support. […]
New Study Links Growing Colon Cancer Deaths in Young Adults to Deep Socioeconomic Gaps
A new study suggests that the troubling rise in colorectal cancer deaths among younger U.S. adults is not affecting all groups equally. According to data, the increase is concentrated overwhelmingly among people without a four-year college degree, pointing to a strong connection between education, socioeconomic conditions, and who is most vulnerable to dying from the […]
Trump’s New Tax Cuts Reached Millions, Yet Public Frustration Over Taxes Remains Deep
More than 53 million tax filers used at least one of the new tax breaks created under Republicans’ latest tax-and-spending law, but most Americans still believe their taxes are too high. The story highlights a political tension at the center of President Donald Trump’s economic message: even when many households receive new deductions or larger […]
New Law Revives SBA Support for Defense Startups After Months of Funding Uncertainty
President Donald Trump has signed legislation restoring federal funding for startup programs that are especially important to defense and aerospace companies in California and across the country. According to data, the bill revives Small Business Administration-backed programs whose funding had been delayed for more than six months after expiring in October during a congressional standoff. […]
U.S. Factory Output Slips in March as Manufacturing Auto Production Weaken
U.S. manufacturing output declined in March, adding to evidence that the factory sector may be losing momentum after a period of resilience. Apparently, manufacturing production fell 0.3% in March after an upwardly revised 0.9% increase in February. The data suggests that while factories had shown some ability to keep growing earlier in the year, that […]
Trump Threatens to Fire Powell if He Stays on Fed Board After Chair Term Ends
President Donald Trump has intensified his confrontation with Federal Reserve Chair Jerome Powell by threatening to fire him if Powell does not also leave the Fed’s Board of Governors when his term as chair ends on May 15, 2026. Trump made the threat in a Fox Business interview, saying he had “held back” from firing […]
Middle East Conflict Darkens IMF Forecast as Rising Oil Prices Raise Risk of a Global Downturn
The International Monetary Fund has lowered its global growth outlook and warned that the world economy is already drifting toward a more dangerous path as the war tied to Iran continues to disrupt energy markets. In a report, the IMF presented three scenarios for the global economy, all shaped by how long the conflict lasts […]
BlackRock Turns Bullish on U.S. Stocks as Strong Earnings Offset Middle East Risks
BlackRock has upgraded U.S. equities to “overweight,” joining other major Wall Street firms in arguing that strong corporate earnings can help cushion the market against the economic fallout from the Middle East conflict. The BlackRock Investment Institute raised its view on U.S. stocks from “neutral,” citing resilient profit expectations and what it sees as limited […]
