Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances
Apple Makes Major Announcement from the White House
Apple pledged a $100 billion investment in U.S. manufacturing, building on its earlier $500 billion commitment, bringing its total planned domestic spending.
RFK Jr. Halts $500M in Vaccine Funding
Health and Human Services Secretary Robert F. Kennedy Jr. announced the cancellation of 22 government-funded mRNA vaccine projects.
Why is Trump Feuding with the Big Banks?
President Trump renewed his accusations that major banks, including JPMorgan and Bank of America, discriminated against him and conservative customers.
U.S. proposes easing restrictions on drones traveling long distances
A new federal rule would make it easier for companies to use drones over longer distances out of sight of the operator without having to go through a cumbersome waiver process.
Trump Threatening Hefty Tariffs on India
India has emerged as one of Russia’s top crude oil customers, with Russian imports accounting for roughly 35–40% of India’s total oil portfolio.
Trump Reimposes 15% Tariffs on EU in Major Trade Shock
The European Union announced it will suspend its planned countermeasures against U.S. tariffs for six months.
New Tariff Blitz Accelerates, Global Frictions Mount
President Trump signed an executive order on July 31st, imposing new tariffs on 68 countries and the European Union, ranging from a 10% to as high as 50%.
Federal Reserve Keeps Rates Steady with Notable Dissents
On July 30th, the Federal Reserve held its benchmark interest rate steady at 4.25 %–4.50 %—marking the fifth hold.
Trump Imposes 25% U.S. Tariff on Indian Imports Amid Trade Deal Stalled
President Donald Trump announced that a 25% tariff on Indian imports will take effect on August 1st.
Trump Trade War Fears Fizzle as Wall Street Stays Calm
Wall Street’s reaction to President Trump’s announced tariffs has softened significantly after recent trade agreements, notably with the European Union,
U.S. and EU Strike New 15% Tariff Framework Deal
The U.S. and the EU reached a sweeping trade framework on July 27th in which the U.S. will impose 15% tariffs on on most goods imported from the EU.
Trump Threatens to Pull Subsidies and Contracts from Musk’s Empire
Trump escalated his public feud with Elon Musk by threatening to eliminate massive federal subsidies and government contracts benefiting Musk’s companies.
Trump Strikes 19% Tariff Trade Deal with Philippines
President Donald Trump announced a new trade accord with the Philippines during a White House meeting with President Ferdinand Marcos Jr..
Japan and U.S. Reach Tariff Deal in ‘Massive’ Trade Agreement
In a surprise move announced July 22, President Trump declared a “massive” trade framework with Japan.
Bessent Urges Institution-Wide Review of the Federal Reserve
U.S. Treasury Secretary Scott Bessent has called for a “comprehensive review” of the Federal Reserve institution to ensure its fulfilling its core mission.
Trump Media Plunges $2 Billion Into Bitcoin Treasury
Trump Media & Technology Group, the parent company of Truth Social, confirmed it has allocated approximately $2 billion into Bitcoin and related securities.
Trump signs new stablecoin regulations in big win for crypto industry
President Donald Trump has signed the GENIUS Act into law, setting new regulations for stablecoins, a type of cryptocurrency tied to assets like the U.S. dollar.
