Economy

When Trump calls for tax cuts to boost American growth, we can debate their fiscal merits; but let’s not pretend they’re a guaranteed path to trade imbalance. The theory behind that claim is old, contested, and, in many cases, simply wrong.

The trade deal between the United Kingdom and United States “puts our great American agricultural producers first,” Agriculture Secretary Brooke Rollins said on Thursday.

A flourishing industry of “origin washing” services has appeared on Chinese social media, offering to help export companies evade U.S. tariffs by pretending their products were shipped from other Asian countries like Vietnam and Thailand.

The Trump administration has released details on the trade deal the United States has reached with the United Kingdom — the first agreement since Trump implemented his “Liberation Day” tariffs last month.

The FTC has lost its appeal of a ruling in its case against Microsoft’s $68.7 billion acquisition of gaming giant Activision Blizzard.

Apple Senior Vice President of Services Eddy Cue defended the company’s $20 billion a year deal with search monopoly Google during the remedy phase of the internet giant’s antitrust trial in Washington, DC. Cue also testified that rapid advancements in AI could disrupt Google’s search monopoly more effectively than court intervention.

Sen. Ruben Gallego (D-AZ) is about to “knife the crypto community” after he took $10 million from a pro-crypto super PAC during the contentious 2024 Senate election.

Obama tried to scare the people of the U.K. out of voting for Brexit by saying it would put them at the back of the queue for trade deals. Nine years later, the U.K. became the first country to cut a trade deal with the U.S. under President Trump.

President Donald Trump once again took aim at Federal Reserve chairman Jerome Powell on Thursday, apparently unhappy with the central bank’s decision Wednesday to hold its interest rate benchmark steady.

“Big and Exciting” trade deal between the U.S. and the UK to be unveiled on Thursday, the leaders of both nations have suggested.

On Wednesday’s broadcast of the Fox News Channel’s “Special Report,” Sen. Bernie Sanders (I-VT) said that there are some Democrats who are now abandoning progressive views on tariffs and he favors selective tariffs, not the broad ones put forward by

Many economists have successfully challenged the idea that budget deficits lead to higher trade deficits.

Maryana Iskander, the CEO of the Wikimedia Foundation — the nonprofit that owns Wikipedia — is reportedly stepping down from her position. The revelation comes just two weeks after the foundation was accused of violating its 501(c)(3) tax-exempt status by allowing propaganda and misinformation from “foreign actors” to flourish on the platform. Iskander, meanwhile, insists her forthcoming departure has been in the works for some time.

The Federal Reserve looked past the recently reported economic contraction in the first three months of the year, describing economic growth as solid when officials agreed to hold interest rates steady on Wednesday. “Although swings in net exports have affected

Mark Zuckerberg’s Instagram platform used automated algorithms that suggested children for groomers and predators to follow on the app, according to a 2019 internal company document presented by the FTC during the ongoing Meta antitrust trial.

Five suburban Republican lawmakers in Democrat states are holding their ground, demanding that the Trump “big, beautiful” bill raise the state and local tax deduction.

Google’s search chief, Elizabeth Reid, testified that the DOJ’s proposed changes to the company’s search practices could “deeply undermine user trust” and slow down innovation in the search industry. This claim comes after the company censored conservatives on its search engine throughout the Trump era — which clearly undermined user trust in the company.

Thirty-five Democrats in the U.S. House joined Republicans last week to repeal California Governor Gavin Newsom’s attempt to ban sales of gas-powered cars in his state in favor of electric vehicles (EVs) by 2035.

On Tuesday’s broadcast of NewsNation’s “The Hill,” Rep. Greg Murphy (R-NC) said that who ultimately pays tariffs depends on the product and industry and “If the exporter really wants their goods to come across and they know the person on

On Tuesday’s broadcast of the Fox Business Network’s “Kudlow,” host Larry Kudlow said that he doesn’t understand President Donald Trump’s 51st state push with Canada and “Canada’s not the enemy. They are a longtime partner and ally.” And while there

On Tuesday’s broadcast of NewsNation’s “The Hill,” Rep. Greg Murphy (R-NC) said that there need to be guardrails on ending taxes on tips to define what a tip is and who is eligible and “There also should be some income

Reform UK leader Nigel Farage accused the leftist Labour Party government of Sir Kier Starmer of “betraying” the British working class through a trade deal with India, which critics claim will give advantages to Indian migrants in the UK over the native population.

Border security chief Kristi Noem casually batted away numerous Democrat complaints and barbs during her first hearing at the House appropriations committee on Tuesday.

On Tuesday’s broadcast of MSNBC’s “All In,” Sen. Adam Schiff (D-CA) stated that Republicans in Congress are pushing to end California’s law to end the sale of new gas-powered cars “because we’re such a big and influential state, a lot

On Tuesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Treasury Secretary Scott Bessent said that the U.S. doesn’t want a total decoupling from China, just a decoupling on “strategic industries” and “we have shared interests that this isn’t sustainable,”

The Fed is stuck between crosscurrents: too strong to ease, too shaky to hike. The best they can do is what they’ve been doing—waiting for the fog to lift.

The Department of Government Efficiency (DOGE) says it has officially saved over $1,000 per taxpayer.

President Donald Trump’s administration is reportedly deporting illegal aliens from Ireland, says a lament from several immigration lawyers in the Irish Star news site.

Defense Secretary Pete Hegseth on Monday instructed the military to shed 20 percent of its four-star general officers as the Trump administration moves to reduce inefficiency in the military.

Canadian Prime Minister Mark Carney complimented President Donald Trump as a “transformational president” during his visit to the White House on Tuesday.

President Donald Trump said Tuesday that California Governor Gavin Newsom (D) could never be elected president because of his failures on the costly, unfinished high-speed rail project and wildfires in his state.