Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances
U.S. Cancels Trade Talks with India Amid Tariff Woes
The U.S. abruptly canceled planned trade talks in New Delhi, which was scheduled for the last week of August, just ahead of a new 25% tariff on Indian goods.
U.S. National Debt Surpasses a Whopping $37 Trillion
The U.S. gross national debt has surpassed a record $37 trillion, according to a new Treasury report even after this milestone was not expected until 2030.
All Eyes on Trump & Putin Meeting Today
President Donald Trump is set to meet Russian President Vladimir Putin today at Joint Base Elmendorf-Richardson in Anchorage, Alaska.
Will the White House Get Rid of Monthly Job Reports?
E. J. Antoni, chosen by President Donald Trump to lead the Bureau of Labor Statistics has suggested suspending the agency’s monthly jobs rereport.
Trump Threatens Lawsuit Against Fed Chair Jerome Powell
Trump has threatened a "major lawsuit" against Fed Reserve Chair Jerome Powell, accusing him of mismanaging a $3 billion renovation of the Fed’s Headquarters.
President Trump Extends China Tariffs by 90 Days
President Donald Trump has extended the deadline for reinstating high U.S. tariffs on Chinese goods by 90 days, delaying their return until mid-November.
Trump Considers Allowing Nvidia To Export Downgraded A.I. Chips To China
President Donald Trump said he may allow Nvidia to sell a downgraded version of its Blackwell A.I. chip to China, suggesting a 30–50% performance reduction.
Trump Places Washington D.C. Police Under Federal Control
President Donald Trump placed Washington, D.C.'s police department under federal control and deployed 800 National Guard troops.
President Trump Warns of 'Great Depression'
President Donald Trump cautioned that if courts invalidate his sweeping tariff policies it could lead the U.S. economy into a “GREAT DEPRESSION,” akin to 1929.
U.S. Imposes 15% Fee on Nvidia and AMD Chip Sales to China
In a first-of-its-kind move, the U.S. government has imposed a 15% levy on revenues from Nvidia’s H20 and AMD’s MI308 chip sales in China.
Intel CEO responds after Trump calls for his resignation
Intel CEO Lip-Bu Tan says he’s “always operated within the highest legal and ethical standards” after coming under pressure following President Donald Trump’s call for him to resign.
Trump Makes Fed Governor Appointment
President Donald Trump nominated Dr. Stephen Miran, chair of the Council of Economic Advisers, to fill the vacancy created by Fed Governor Adriana Kugler.
Trump opens door for private equity and crypto as 401(k) options
Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments.
Trump’s Shortlist for the Next Fed Chair
President Trump has trimmed his shortlist for the next Federal Reserve Chair to four names, with Kevin Hassett and Kevin Warsh leading the pack.
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.
