Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances
Fed official says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell
Visa Integrity Fee Hikes Cost for Non‑Immigrant Visas
Starting October 1st, most travelers requiring non‑immigrant visas—such as tourists, students, temporary workers—will face a new $250 “visa integrity fee”.
Trump Suggests Firing Powell, Dollar Drops on Market Turmoil
Donald Trump asked lawmakers whether he should fire Federal Reserve chair.
The mayor using ChatGPT for talking points wants more AI in San Jose
San Jose’s mayor is using AI tools like ChatGPT to streamline city operations and improve services for its 1 million residents.
Inflation Rate Hits 2.7% as Tariff Price Pressures Emerge
The June Consumer Price Index rose 0.3% from May, the fastest monthly increase since January, and pushed annual inflation to 2.7%, up from 2.4% in May.
Trump Confirms Ukraine Weapons Deal, Threatens Tariffs on Russia
President Trump announced that the U.S. will supply Patriot missile systems and other advanced air-defense weapons to Ukraine via NATO.
European Union Wants to Reach a Trade Agreement with Trump
The European Union will delay retaliatory tariffs on U.S. goods in hopes of reaching a trade agreement with the Trump administration.
Trump Announces 35% Tariff on Canadian Imports
President trump sent a letter to Canadian prime minister Mark Carney announcing a new 35% tariff on imported goods from Canada.
Trump Media Partners with Newsmax to Expand Truth+ Streaming
Trump Media & Technology Group, owner of Truth Social and its streaming arm Truth+, has entered a global content partnership with conservative network Newsmax.
Pentagon to Emerge as Leading Shareholder in MP Materials
The Pentagon has agreed to invest $400 million in MP Materials via newly issued preferred shares convertible into common stock.
Trump Imposes 50 % Tariff on Brazil, Lula Pushes Back
President Trump has introduced a 50% tariff on Brazilian imports, justified by U.S. officials as retaliation for Brazil’s prosecution of ex‑President Bolsonaro.
IRS Says Churches Can Endorse Political Candidates
The IRS has taken a significant step by filing a court brief arguing that pastors who endorse political candidates shouldn’t risk losing their tax exempt status
Trump Announces 50% Tariff on Copper Imports
President Trump announced a 50% tariff on copper imports, citing national security and the need to support key U.S. industries like electric vehicles & defense.
DOJ Charges Two in $650 Million OmegaPro Crypto Scam
The DOJ charged two men in connection with the $650 million OmegaPro crypto scam, which ran from 2019 to 2023 and promised investors up to 300% returns.
Trump Threatens 200% Tariffs on Pharmaceuticals
President Trump threatened to impose 200% tariffs on foreign-made pharmaceuticals, giving companies 12 to 18 months to shift production to the U.S..
Trump Announces 25% Tariffs on Japan and South Korean Imports
President Donald Trump announced a 25% tariff on imports from Japan and South Korea, effective August 1st.
Reignited Trump-Musk feud burns Tesla investors with shares down 7%
Shares of electric vehicle maker Tesla tumbled 7% as the feud between CEO Elon Musk and Trump reignited over the weekend.
