Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
Luigi Mangione Returns to Federal Court as Jury Selection Plans Take Shape
The accused killer of UnitedHealthcare CEO Brian Thompson faces separate state and federal prosecutions, with his defense warning that extensive media coverage could compromise jury impartiality.
Church Members Across Political Spectrum Unite to Eliminate Medical Debt in North Carolina
Trinity Moravian Church's latest campaign raised $17,000 and retired more than $2.2 million in debt for local residents.
Senators Debate Federal Role in Regulating Online Sports Gambling
A Senate Commerce subcommittee hearing examined sports integrity concerns as 39 states and DC have already legalized the practice under their own rules.
Apple Increases Prices for Macs and iPads, Citing Memory Chip Shortage Fueled by AI Demand
Entry-level MacBook Neo rises from $599 to $699 while analysts warn iPhone prices could increase by up to $200 later this year.
Federal Government Lifts Export Ban on Anthropic's Mythos 5 Model
Commerce Secretary Lutnick permits over 100 companies to access the advanced AI model, reversing June restrictions amid security review.
Consumer Advocates Sue Polymarket Over Alleged Fake Bets, Secret Ads Targeting Students
The National Association of Consumer Advocates filed the complaint Friday in D.C. Superior Court, alleging the betting platform ran a deceptive marketing campaign targeting young people.
New York City Allocates $15 Million For Gender-Affirming Healthcare Initiatives Amid Federal Clash
Mayor Mamdani frames the taxpayer-funded package as a defense against federal efforts to restrict gender-affirming care, with city officials preparing for potential litigation.
GOP Fiscal Hawks Largely Unmoved by Hegseth's Defense Dollars Pitch
The $87.6 billion Iran supplemental and $1.5 trillion in combined defense requests face resistance from Republican budget conservatives demanding offsetting cuts.
Federal Officials Plan to Offload Some Warehouses Purchased for Immigrant Detention
Immigration and Customs Enforcement is retreating from a plan to hold up to 10,000 detainees at single sites, scrapping $1 billion in warehouse purchases amid legal challenges and infrastructure concerns.
Prediction Markets Face Scrutiny Over Marketing Practices as Regulatory Window Remains Open
Critics say platforms like Polymarket are exploiting the gap between advertising claims and actual products during a period of favorable federal oversight.