Economy

The FTC has announced a landmark settlement with agricultural equipment giant John Deere resolving a 2025 lawsuit that accused the company of monopolistic practices in the repair services market for farm equipment. The settlement, which lets farmers and other John Deere customers the repair their own equipment, is a major win for the “right to repair” movement.

Portland General Electric has implemented a nearly 30 percent rate increase for large power consumers including data centers and industrial facilities, while simultaneously reducing electricity costs for residential customers by about 1.3 percent.

In Democrat-run California and Los Angeles, movie and television production is so bad, the iconic Television City studio looks like it’s about to be sold.

The number of people filing for unemployment benefits edged down last week, the Department of Labor said Thursday. Initial jobless claims declined to 215,000 from the upwardly revised 217,000 in the prior week. Economists had forecast 219,000 new claims. New

Vice President JD Vance launched a broad agency investigation of the expanding H-1B visa program on Tuesday, confronting a scheme that has pushed millions of American graduates out of jobs, homes, and careers since the 1990s.

Fed officials were divided last month when it came to the direction of rates this year, minutes from the Fed’s June meeting indicated.

The Trump administration’s top tier priority of bringing a halt to the flow of illegal immigration — which ran rampant throughout former President Joe Biden’s single term — has brought U.S. home prices down, Vice President JD Vance pointed out this week.

Vice President JD Vance was again proved right that the Biden administration’s flood of millions of illegal immigrants into the United States affected housing prices for Americans.

Mark Zuckerberg’s Meta could face penalties totaling $1.4 trillion if four states prevail in their lawsuit alleging the social media giant fueled a teen mental health crisis, according to company filings that describe the figure as outlandish and unprecedented. The penalty would nearly equal the entire market value of the company, currently just above $1.5 trillion.

The U.S. economy is poised to defy a global slowdown in growth, with its output rising at a faster rate even as the broader global economy slows sharply, a report from the International Monetary Fund showed on Wednesday. The forecasts

In a speech Monday, Federal Reserve Governor Christopher Waller explained that forward guidance led the Fed to react too slowly to inflation.

The city of Cheyenne, Wyoming, has announced a suspension of wastewater acceptance from data center operations after a building contractor for Mark Zuckerberg’s Meta contaminated the municipal wastewater system with a rare bacteria.

The United States Cybersecurity and Infrastructure Security Agency (CISA) is utilizing Anthropic’s AI model Mythos to conduct security audits of government software repositories, according to three sources familiar with the initiative. Anthropic has a stormy relationship with the federal government, including a contentious lawsuit with the Pentagon.

The Department of Government Efficiency (DOGE) formally closed its operations on July 4 as investigating fraud government-wide becomes an integral part of the Trump administration’s agenda.

The gap in goods and services trade grew 42.2 percent from the prior month to $77.6 billion, Commerce Department data showed Tuesday.

“Walmart is stepping up in a big and bold way, and other Retailers should follow the lead of these absolute Patriots,” Trump wrote on Truth Social.

Trump Accounts will help teach the next generation to oppose the “threat of communism” — seemingly embraced by members of the radical left — President Trump said on Monday as Democrats see a dramatic increase in socialist candidates rising to fame within their party.

Leading technology executives have begun adopting a more optimistic narrative about artificial intelligence and employment after a year of stark predictions about workforce displacement. Even Dario Amodei, the Anthropic CEO criticized as a “prophet of doom,” is attempting to walk back his stark warnings.

The Trump administration officially launched Trump Accounts for U.S. children over the Fourth of July weekend, and President Trump is encouraging parents and others to begin investing.

Trump Accounts are helping the next generation of Americans build wealth, said supporters of President Donald Trump’s Trump Accounts program, which formally launched over the Fourth of July weekend.

An investigation by a consumer campaign organization has revealed that Tripadvisor’s AI-generated hotel review summaries are glossing over serious guest complaints, including allegations of sexual harassment, raw chicken served to guests, and severe hygiene issues.

American voters are increasingly using AI tools like ChatGPT and Claude to help them make decisions about candidates and ballot measures, marking what may be the first election cycle where AI plays a significant role in voter research. The leftist bias researchers have revealed in practically every major AI tool makes this a concerning trend as the midterm elections draw close.

America “means nothing” unless it welcomes all migrants and their version of justice, says a Fourth of July message from a Muslim migrant now facing deportation.

Technology, banking, and entertainment companies are significantly restricting employee access to AI tools as monthly costs skyrocket into tens of millions of dollars, according to internal documents and communications obtained from multiple organizations.

Spotify has taken down approximately 500,000 streams from Malcolm Todd’s popular song “Earrings” following concerns that the track’s chart performance was artificially manipulated by gamblers on prediction market platform Kalshi.

Independence Day is all about diversity, immigrants, and change — not about Americans, their children, and their self-evident foundations, according to New York’s ethnic Indian Muslim immigrant Mayor Zohran Mamdani.

The American economy has grown faster than the UK and every country in continental Europe.

A Tesla Semi truck struck two passenger vehicles at a highway intersection in western Nevada on Sunday, killing a married couple and critically injuring another person in what authorities are considering the first known fatal crash involving Elon Musk’s new EV commercial truck.

Ford  announced a 10 percent decrease in U.S. vehicle sales for the second quarter with the automaker citing ongoing supplier issues affecting its F-Series trucks as a major cause of the shortfall. However, Ford’s EV sales dropped an astonishing 40 percent during the same time period.

The economic causes that animated the Founders—control of taxes, control of immigration policy, control of trade policy, limiting the growth of government—echo through our politics today.

Plymouth Union Public (PUP) Research detailed how the Trump administration is working to ensure more affordability for homebuyers.