Crude Climbs Past $111 With Iran Peace Talks Frozen and Hormuz Risks Unresolved
Oil prices moved back above $111 a barrel as hopes for a diplomatic breakthrough between the United States and Iran continued to fade, keeping traders focused on the risk of a prolonged supply shock. Peace talks had stalled with no clear path to reopening the Strait of Hormuz, one of the world’s most important routes […]
Trump Taps Minnesota Economist Christopher Phelan to Lead White House Economic Council
President Donald Trump has nominated University of Minnesota economist Christopher Phelan to serve as his chief economic adviser, filling a key White House vacancy at a moment when economic policy is under heavy political and financial scrutiny. Phelan would become the new head of the Council of Economic Advisers, or CEA, if confirmed by the […]
Trump’s Deportation Push Could Hurt Republicans in the Midterms
President Donald Trump’s aggressive deportation campaign could become a political liability for Republicans in the 2026 midterm elections. More Americans now say they are less likely to support a congressional candidate who backs Trump’s deportation approach than say they are more likely to do so, suggesting the issue may be shifting from a Republican strength […]
Trump’s Research Funding Overhaul Is Reshaping How Universities and Scientists Work With Washington
A major shift in how the Trump administration is approaching federal research funding, with consequences that could reach far beyond universities and laboratories is a core issue that not only covers how much money the government spends on research, but also the rules, priorities, and conditions attached to that support. The administration is trying to […]
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 […]
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 […]
Uldouz Wallace’s PROTECT Act Advances in Arizona as U.S. and Global Adoption Accelerates
Arizona’s PROTECT Act, introduced by Arizona State Representative Nick Kupper following outreach from Uldouz Wallace, is advancing toward final approval, marking a critical step in addressing the growing global crisis of online exploitation, non-consensual content, and AI-generated deepfake abuse. The legislation has already passed out of the Arizona State House with a bipartisan supermajority and […]
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 […]
