Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
Khanna Argues Economic Concerns Driving Far-Left Primary Victories
The California Democrat cites voters' struggles with gas, food, and home prices as fueling a series of progressive House primary wins.
More Than 25,000 Immigrant Children Lose Legal Protections as Federal Contract Ends
The lapse removes guaranteed access to attorneys for unaccompanied minors facing immigration court proceedings.
Federal Government Proposes Colorado River Water Use Cuts for California, Arizona and Nevada
The proposal would reduce water withdrawals from the drought-stricken river that serves 40 million people across seven states.
US Economic Growth Sees Surprise Slowdown in Second Quarter
The unexpected contraction comes amid mixed signals from consumer spending and business investment as policymakers weigh their next moves.
U.S. and Iran Trade Missile Barrages as Hopes Dim for Quick Resolution to War
Five months of conflict have closed the Strait of Hormuz, spiked fuel prices, and raised concerns about depleting U.S. weapons stockpiles.
US Navy Plans Major Torpedo Stockpile Overhaul As Military Shifts to Two-War Strategy
The $1.48 billion to $1.58 billion cost of defending Israel and Al Udeid Air Base during the recent Iran conflict has highlighted gaps in U.S. munitions stockpiles.
Hawley Introduces Bill to Block Federal Employees from Accepting Cash Prizes After Fauci Controversy
The legislation targets loopholes that allowed NIH Director Anthony Fauci to collect over $1 million in awards during the COVID-19 pandemic, per public records cited by Hawley.
Hadi Matar Found Guilty in Federal Terrorism Case Tied to Salman Rushdie Stabbing
The 28-year-old New Jersey man was convicted of attempting to provide material support to Hezbollah, four years after the attack on the author.
FED Holds Interest Rates Steady at 5.25%-5.50% Range as Powell Says There's 'No Magic Wand' for Inflation
The Federal Reserve's decision marks the fourth consecutive meeting without a rate change, leaving borrowing costs near their highest level in 23 years.
Diminished Stockpiles May Force US, Allies to Take More Risks With Interceptors: Analysis
Patriot interceptor inventory fell from 2,330 before recent fighting to less than half that number, raising concerns about military readiness.