Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances
Trump Launches New Probe into Fed Governor Lisa Cook
President Trump has appointed a committee to investigate statements made by Federal Reserve Governor Lisa Cook.
Jobless Claims Stay Low as Hiring Continues to Slow
New applications for unemployment benefits dipped to 197,000 last week, keeping layoffs near historically low levels.
New York Fed Finds Tariffs Drove Up Prices on Everyday Goods
New York Federal Reserve researchers say tariffs were responsible for a substantial portion of the price increases across 67 categories of consumer goods.
Trump Discloses New Meta and SpaceX Investments
President Trump disclosed up to $25 million in purchases of Meta stock in August, along with millions of dollars in SpaceX debt.
Oil Surge Sends Shockwaves Through Stocks and Bonds
A sharp jump in oil prices is rattling financial markets on Thursday, with Brent crude climbing above $105 a barrel.
U.S. Trade Deficit Surges to $105.6 Billion Despite Tariffs
The U.S. trade deficit jumped 13.7% in August to $105.6 billion, the widest gap since March 2025, just before President Trump’s sweeping tariffs took effect.
Trump Shifts Controversial TV Ads from Taxpayers to Maga Pac
President Donald Trump says his MAGA Inc. political action committee will now pay for television ads that had been funded with government money.
Trump Appoints Head of New 'Super Intelligence Force'
President Donald Trump is creating a new federal task force focused on artificial intelligence and has tapped National Intelligence Director Jay Clayton to lead
G7 Taps Diesel Reserves as Global Fuel Market Tightens
The G7 and International Energy Agency are moving to release up to 100 million barrels of oil from emergency stockpiles.
Trump Revives $5,000 Check Promise as Midterms Near
President Donald Trump is once again promising a $5,000 payment to every adult U.S. citizen if Republicans retain control of both the House and Senate in Nov.
IRS Moves to Close a Tax Loophole Being Used by Wealthy Investors
The Treasury Department and IRS are targeting a strategy that allows investors to move highly appreciated stocks into ETFs.
California Moves to Keep A.I. from Becoming the Boss
California Governor Gavin Newsom has signed new laws restricting how employers can use artificial intelligence to make workplace decisions.
Fed Renovation Report Finds Mismanagement, Not Criminal Conduct
A Federal Reserve watchdog says the central bank badly mishandled its $2.4 billion headquarters renovation but found no criminal violations.
Trump Warns Diesel Export Ban Could Send Gas Prices Higher
President Donald Trump says he is still considering restrictions on U.S. diesel exports as the administration looks for ways to bring down record fuel costs.
Private Job Creation Rebounds With 90,000 New Hires
U.S. private employers added 90,000 jobs in September, according to ADP, beating economists’ expectations and marking a rebound after several slow months.
Trump’s A.I. Deal Puts Silicon Valley in Charge of Its Own Safety
President Donald Trump brought top tech executives to the White House on Tuesday and secured a voluntary agreement for companies to take responsibility.
U.S. Ban on Canadian Goods Takes Effect
A new U.S. ban on certain Canadian imports is now in effect, escalating the trade dispute between Washington and Ottawa.
