Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
U.S. Drains Critical Missile Stockpiles in Iran War as Yearslong Rebuild Looms
CSIS analysis estimates U.S. used over 850 Tomahawk missiles and more than half of Patriot interceptors during 39-day campaign, prompting $70B FY27 munitions request.
500 Blank Ballots Found Near Renton Dumpster Spark Federal Investigation, Fraud Denial
Federal authorities have taken custody of election mail discovered by Washington State Republican Party chairman near a strip mall dumpster, though the origin and timing of the ballots remain under investigation.
Lutnick Testifies Before Senate Panel on Commerce Department Budget Request
The White House is requesting $9.2 billion in discretionary funding, a $1.3 billion decrease from 2026 levels, amid fallout from the Supreme Court's tariff ruling.
Taiwan Business Group Urges Beijing, Taipei to Keep Politics Out of Trade
The Taiwan Electrical and Electronic Manufacturers' Association called for both sides to separate economic activity from political tensions amid ongoing cross-strait disputes.
U.S. Customs Launches Tariff Refund Portal as Businesses Await $166 Billion in Payouts
The first phase of refunds begins Monday, with approved claims taking 60 to 90 days to process.
Federal Judge Blocks Nexstar-Tegna Merger until Antitrust Lawsuit Is Resolved
Judge says eight Democratic attorneys general and DirecTV are likely to prevail in their bid to stop the $6.2 billion deal that would create the largest U.S. local TV broadcaster.
Newsom Administration Allegedly Knew of $2B California Budget Error for Months: Report
Legislative Analyst's Office flagged the pension calculation mistake in February, but it wasn't disclosed publicly until April.
The Sex Recession Hitting Gen Z and What's Quietly Killing Their Drive
Research shows roughly one in three men and one in five women aged 18-29 report having no sex in the past year, with experts pointing to multiple contributing factors.
Mamdani's City-Owned Grocery Plan Faces Pushback From Local Bodegas, Supermarkets
The $70 million proposal to open five city-run grocery stores in New York City boroughs draws criticism from small business owners and political consultants who warn of unfair competition.
White House Seeks Record Defense Budget, But Congress Has Questions About Spending
The $1.5 trillion Pentagon request is the largest in U.S. history, with a separate funding ask for Iran operations expected to follow.