Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
'Gruesome' War Bets Fuel Calls for Crackdown on Prediction Markets
Prediction platforms handling $44bn in trades face mounting criticism over wagers tied to Iran, Israel military action
Nine Convicted in North Texas ICE Facility Attack as Kash Patel Issues Warning
Jurors delivered a mixed verdict in federal court Friday, convicting members of what prosecutors called an Antifa cell for the July 2025 Prairieland ICE Detention Center attack.
As Prediction Markets Boom, Lawmakers Push for Greater Oversight of Event Contracts
Two bills aim to ban members of Congress from betting on political events, but disclosure gaps in ethics rules remain unfilled.
Boasberg Blocks Subpoenas Against Fed Chair Jerome Powell
Federal judge rules DOJ effort to issue grand jury subpoenas was a pretext to pressure Powell on interest rates, citing over 100 Trump statements attacking the Fed chair.
Venezuelan National Charged With Assaulting Federal Officer, Grabbing Service Weapon in Michigan
Arnoldo Jose Marquez-Pulido, 33, faces multiple federal charges after allegedly fleeing traffic stop and struggling with Homeland Security Task Force agent in Utica.
Judge Blocks DOJ Subpoena for Federal Reserve Records, Citing No Evidence of Crime
Judge James Boasberg ruled prosecutor Jeanine Pirro presented no evidence to justify demands for Fed documents, saying the investigation appeared designed to pressure Chairman Jerome Powell
Utah Moves to Ban Prediction Markets as State Takes On Kalshi and Polymarket
Governor Spencer Cox will sign legislation targeting prediction markets, putting the conservative state at odds with the CFTC and creating a potential legal showdown.
IEA Called for Joint Release of Emergency Oil Stocks at G7 Online Meeting, Japan Says
The call comes amid ongoing volatility in global energy markets and follows months of coordinated international effort to stabilize oil supplies.
Sustained War with Iran Could Drain US Missile Stockpiles, Test Escalation Control
Defense officials warn that production lines cannot surge overnight to replenish interceptors depleted by operations in Ukraine and the Middle East.
Vice President Vance Promotes Economic Agenda at Wisconsin Machining Facility
Speaking at Pointe Precision Inc., the vice president focused on affordability and fraud ahead of the 2026 midterm elections.