Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
SpaceX IPO Opens at $150 Per Share After Record $75 Billion Offering
Elon Musk becomes world's first trillionaire with 42% stake as more than 4,000 employees become millionaires through company's stock program.
U.S. Trade Representative Says Tariff-Jumping Proves Policy Is Working. Economists Say Not So Fast.
Georgetown professors argue that companies relocating production to avoid tariffs is a mechanism, not evidence of economic success for American consumers.
Tech Companies Invest in Skilled Trades Training Amid Shortage Warnings
Meta's $115 million workforce academy and broader industry initiatives aim to fill an estimated 2.1 million unfilled skilled trades jobs by 2030.
DOJ Sues Virginia Over Laws Restricting Federal Agents as Mask, Immigration Disputes Escalate
The lawsuit targets two Spanberger-signed measures set to take effect July 1 that the DOJ says violate the Supremacy Clause and threaten officer safety.
Federal Government Will Pay North Dakota $28 Million to Settle Dakota Access Pipeline Protest Policing Lawsuit
The settlement resolves a years-long dispute over law enforcement costs during 2016-2017 demonstrations that involved 761 arrests and 178 agencies.
NYC Budget Chief Briefs Democratic Socialists on City Finances, Raising Ethics Questions
Sherif Soliman told DSA members at a closed-door June 1 event that he has 'the power of the purse,' prompting debate over use of public office for political outreach.
China Approves Brain Implant Ahead of Neuralink, Marking First Commercial Use Outside U.S.
Neuracle Technology's NEO device received regulatory clearance through China's national health insurance system while competing companies like Synchron raised $200 million in late 2025.
Federal Safety Database Missing Dozens of Transdev Crash Records, Investigation Finds
A ProPublica and WBUR investigation found 60 fatal crashes linked to the Boston school bus contractor over a decade, but only 18 appear in FMCSA records.
Treasury Plans to Use Iranian Assets for Gulf Allies' Reconstruction
The plan comes as the U.S.-Iran war passes the three-month mark and oil prices rise due to the closure of the Strait of Hormuz, a critical waterway.
Trader Joe's Receipt Settlement Deadline Approaches for Qualifying Shoppers
Qualifying customers who shopped at affected stores during a five-month period in 2019 may be eligible for an estimated $102.45 payment from the $7.4 million class action settlement.