Trump Admin Opens Tariff Refund Portal
The federal government opened an online portal Monday that allows U.S. businesses to request refunds of import fees paid under tariffs imposed by...
Trump Invokes Defense Production Act to Fund Energy Projects
Faced with rising fuel costs due to a weeks-long military operation targeting Iran, President Trump on Monday invoked wartime powers to boost energy...
DHS Is ‘Disintegrating,’ Trump’s Budget Director Warns
In an appearance before a Senate panel Thursday to discuss President Trump’s 2027 budget request, White House Office of Management and Budget Director...
Republicans Struggling to Sell Their Tax Cuts Try a Tax Day Pitch
The White House and GOP lawmakers have struggled with economic messaging in the face of affordability concerns that have only increased as the Iran...
Trump Threatens to Fire Fed Chief Powell if He Doesn’t Step Down
President Trump said Wednesday that he will fire Federal Reserve Chair Jerome Powell if he fails to step down when his term expires on May 15. At the...
Iran War Threatens to Slam Global Economy, IMF Warns
We told you last week that the International Monetary Fund warned that it expected to cut its growth projections for the global economy this year as...
A Diminished IRS May Be Costing the US BIllions
“They have defunded the police. There’s no more succinct way to describe what’s happened.” — Matthew Rappaport, a tax lawyer in New York, speaking to...
As Inflation Surges, Consumer Sentiment Falls to 74-Year Low
Americans feel worse about the economy than they have in more than 70 years. The University of Michigan said Friday that its measure of consumer...
Inflation Jumps to Highest Level in Nearly Two Years
Surging energy prices triggered by the war with Iran pushed annual inflation in March to its highest level in nearly two years, the U.S. Bureau of...
Economists Warn That Slower Global Growth, Higher Inflation Is Ahead
The International Monetary Fund said Thursday that it expects to lower its growth projections for the global economy this year due to the war in the...