New audited financial records show the Obama Presidential Center is now projected to top $1 billion, nearly triple its original estimate, with rising debt, an underfunded endowment and subcontractors still chasing millions.
Treasury hit Bank of America with more than $1.2 billion in penalties for willfully failing to report over $5 billion in suspicious transactions tied to Chinese money laundering networks and southwest border illicit finance.
President Trump signed unconditional pardons for two Alaska diesel mechanics onstage in Wasilla and announced that a long-awaited 800-mile natural gas pipeline has cleared every federal permit it needs, as Republicans fight to hold Sen. Dan Sullivan's seat.
Treasury Secretary Scott Bessent answered Elizabeth Warren's latest oversight letter by calling out her economic record, defending the Trump tax cuts, and closing with a handwritten "Happy Indigenous Peoples' Day."
President Trump signs a memorandum creating a committee of inquiry into Fed Governor Lisa Cook over mortgage allegations, setting up the first real test of whether a president can remove a central bank official.
President Trump signed an executive order opening tax-free red-dye diesel to every American driver and deferring the federal excise tax through the end of the year, a step the White House says saves truckers more than $100 per refill.
G7 leaders agreed Friday to release up to 100 million barrels of oil and diesel through the IEA, frontloading diesel to cool record pump prices as President Trump rejected a U.S. export ban.
The White House is sending one-time $90 payments from the long-dormant Medicare Improvement Fund to more than 20 million Medicare Part B enrollees, the first use of the fund in its nearly two-decade history.
U.S. employers added just 29,000 jobs in September and unemployment ticked up to 4.2%, but a stronger household survey, cooling wages and a rally on Wall Street told a more nuanced story.
President Trump announced Wednesday that South Korea will invest $200 billion in U.S. projects, funding a Texas gas complex built for AI, eight new nuclear reactors and the long-delayed Alaska LNG pipeline.
The Treasury Department has begun mailing $500 refund checks, each with a letter signed by President Trump, to nearly one million Americans in 30 states the White House says were overcharged on the federal health insurance exchange.
Mesabi Metallics will invest $15 billion in an Iowa steel plant capable of producing 10 million tons a year, the first new mega-mill built in the United States since the 1960s.
Sixteen mining claims hit the books the first day that 1.2 million acres removed from Bears Ears National Monument opened for staking, a rush built on uranium demand for nuclear power and the grid needs of the AI boom.
President Trump is backing a temporary pause on U.S. diesel exports as the national average price hits an all-time record, splitting Republicans and drawing a warning from his own energy secretary.
The average 30-year fixed mortgage climbed to 7.03 percent on Thursday, its highest since May 2024, as stubborn inflation and the Iran war's energy shock push borrowing costs back up.
National Economic Council Director Kevin Hassett pushed back on soft economic polling, arguing that hiring, wage and spending data tell a stronger story than the surveys heading into November's midterms.
Warren Buffett stepped down as Berkshire Hathaway chairman on Friday after 56 years in the chair, becoming chairman emeritus as his son Howard takes the gavel and Greg Abel runs the company.
The Federal Reserve raised its benchmark rate a quarter point to a 3.75%-4% range, its first increase in more than three years, as Chair Kevin Warsh pledged a faster return to 2% inflation.
Commerce Secretary Howard Lutnick says President Trump's $5,000 dividend checks will be funded through new revenue, not taxpayer dollars or deficit spending.
Consumer prices rose 0.4% in August as core inflation cooled to 2.4% annually, its lowest level since March 2021, with energy costs driving the headline number.
New Senate spending records show six aides to Sen. Rand Paul flew private during a congressional trip, with one leg costing taxpayers $17,847 -- a tab other lawmakers' staffers covered for a fraction of the price.
Mayor Daniel Lurie declared a rent emergency in San Francisco on Thursday, backing eviction delays, a 10 percent rent cap, and $3 million for tenant lawyers as the AI boom pushes one-bedroom rents past $4,300.
President Trump signed executive orders banning Canadian alcohol, dairy and motorcycle imports in response to Ottawa's $28 billion countertariff strike, with the new measures taking effect Sept. 29.
President Trump signed five proclamations banning most Canadian alcoholic beverages, dairy products and motorcycles from the U.S. market, effective September 29, after Ottawa slapped retaliatory tariffs on roughly $20 billion in American goods.
President Trump warned Bombardier it must build jets in the United States or lose access to the American market, escalating the U.S.-Canada trade war as Ottawa's retaliatory tariffs took effect.
Ottawa's dollar-for-dollar tariffs on up to $20 billion in U.S. goods go live at midnight Tuesday as President Trump signals he will not back down in the trade fight.
Democrats who spent years battling President Trump are now lining up behind his federal film tax incentive plan, joining him and Adam Schiff in a push to bring Hollywood production and American jobs back onshore.
Diesel prices hit an all-time high of $5.85 a gallon Friday as the six-month Iran war disrupts global fuel flows, threatening higher costs for food, shipping and everyday goods.
Former House Speaker Paul Ryan says America's politics have become 'fundamentally unserious' about the $40 trillion national debt, so he is taking his RISE welfare reform plan to the states instead of Washington.
President Trump's historic Venezuela oil agreement is locking in American energy dominance for a century, pushing Chinese and Russian companies out of 65 billion barrels of crude while laying groundwork for the country's democratic recovery.
The U.S. Mint's new $1 coin featuring President Donald Trump went on sale Wednesday and immediately overwhelmed the agency's website, as collectors lined up online to buy the Semiquincentennial release.
Canadian PM Mark Carney demanded Washington 'start being serious' about trade, but with U.S. tariffs biting and Ottawa's counter-tariffs set for September 8, the pressure is squarely on Canada to come back to the table.
The White House unveiled a landmark 100-year deal giving American interests control over 65 billion barrels of Venezuelan oil through North American Blue Energy Partners -- at zero cost to U.S. taxpayers.
President Trump called on Congress to immediately approve a federal production incentive for film and television, backing a bipartisan effort to bring runaway Hollywood production back to America.
The SBA is bringing five small-business finalists to Washington on Sept. 18 for its Million Dollar Pitch Competition, a $1 million showdown judged by Nicki Minaj, Grant Cardone and Joe Gebbia.
President Trump says communities that reject data centers are choosing to be 'backwards and poor,' warning the backlash against the AI boom could hand an advantage to China.
Trump's first-ever Section 338 tariffs are in force on roughly $20 billion in Canadian imports, and the new trade walls are already repricing the critical metals that power the American economy as Canada's dollar-for-dollar retaliation looms September 8.
A Y Combinator general partner called VP JD Vance's push to hire and train Americans a return of "DEI." Top Trump administration officials fired back in force, setting off a firestorm over H-1B visas and American jobs.
The United States and Venezuela reached a historic agreement Friday giving Washington control of more than 65 billion barrels of oil reserves, a deal that doubles America's reserves at no cost to taxpayers.
President Trump invoked the never-before-used Section 338 of the 1930 Tariff Act to hit Canada with 50 percent tariffs on $20 billion in imports, leaving courts and trade lawyers guessing whether the Depression-era law will survive a legal challenge.
President Trump announced a historic U.S.-Venezuela oil agreement Friday, securing majority American control of more than 65 billion barrels of proven reserves at no cost to taxpayers -- a deal expected to slash gas prices and more than double U.S. oil reserves.
President Trump is authorizing ranchers and farmers to process their own food, taking direct aim at the four meatpacking companies he calls a nasty monopoly as the USDA prepares bigger announcements.
Senator Elizabeth Warren sent Fed Chairman Kevin Warsh a letter demanding more transparency from the central bank, warning his 'quieter Fed' strategy is eroding credibility just as sticky inflation pushes markets toward a September rate hike.
Fed Chair Kevin Warsh delivers his first Jackson Hole keynote Friday as inflation runs hot and the 30-year Treasury yield sits at its highest level since 2007. Here is what is on the line, and what to watch ahead of the Fed's September 16 rate decision.
President Trump signed an executive order Thursday renaming Lake Ontario as Lake America, effective immediately for federal use, as the White House keeps the pressure on Canada in the escalating trade war.
House Minority Leader Hakeem Jeffries confirmed he met with Jared Kushner and bragged about Democrats' obstruction record, sparking backlash from his own left wing.
President Trump's plan to flood the market with cheaper imported ground beef aims to ease grocery bills, but Republican allies in cattle country are urging caution ahead of the midterms.
Sen. Adam Schiff attacked President Trump over the privately funded Freedom 250 IndyCar race in Washington -- and IndyCar driver Graham Rahal fired back, noting Penske Corporation, not taxpayers, paid the bill.
President Trump threatened to double tariffs on Canadian autos, trucks, parts and steel to 50 percent starting Jan. 1, 2027, escalating the trade war after talks collapsed.
The U.S. imposed 50% tariffs on $20 billion of Canadian goods after trade talks collapsed, with Canada vowing retaliation Sept. 8 and Trump holding the line for a fairer deal.
President Trump's June financial disclosure shows 1,051 securities trades worth between $78.1 million and $263.1 million -- all handled through independently managed blind-trust accounts that keep his finances fully transparent.
President Trump announced a temporary 90-day tariff waiver on up to 300,000 metric tons of beef imports to cut grocery costs, drawing pushback from ranch country while offering relief to American families.
Trade talks between the U.S. and Canada collapsed late Friday, triggering 50 percent tariffs on $20 billion of Canadian goods. Canada vows dollar-for-dollar retaliation starting September 8.
A viral clip of Georgia cattleman Will Harris explains in blunt terms how industrial agriculture hollowed out small-town America -- and how his regenerative farm in Bluffton is putting the money back.
President Trump is pausing out-of-quota tariffs on up to 300,000 metric tons of ground beef for 90 days, locking in beef sold 25 percent below market prices as his administration moves to cut grocery costs ahead of the midterms.
Negotiators are working against a midnight deadline to finalize a sweeping U.S.-Canada trade deal that would slash steel, aluminum and auto tariffs and open new markets for American farmers.
Moderna shares closed up nearly 177 percent after the first mRNA cancer vaccine succeeded in a late-stage trial, slowing the return and spread of high-risk melanoma when paired with Keytruda.
The U.S. national debt topped $40 trillion for the first time in history, Treasury data shows, crossing the historic threshold less than five months after passing $39 trillion.
President Trump paused 50 percent tariffs on Canadian goods hours before they were set to take effect after the U.S. and Canada reached a last-minute trade deal, with negotiators working to finalize documents by Friday.
A deal to avoid 50 percent tariffs on Canadian goods is on President Trump's desk, with duties set to take effect at midnight unless he grants a reprieve.
President Trump signed Section 232 tariffs of up to 100 percent on imported drones and components, targeting China's dominance while launching an onshoring program to rebuild American manufacturing.
FedEx, UPS and DHL have started returning billions in tariff refunds to the customers who actually paid them, the final step in a process that began when the Supreme Court struck down the tariffs.
Voters in North Carolina, Wyoming, Florida and Oklahoma will decide property tax limits this November as Republican-led states push the biggest homeowner tax relief wave in a generation.
Sen. Rand Paul went deep underground at Fort Knox and confirmed roughly 147 million ounces of gold are still there, ending years of speculation and reigniting the push for a full independent audit.
Berkshire Hathaway posted a strong second quarter as new CEO Greg Abel ended a 14-quarter selling streak, resumed stock purchases, and bought back $4.5 billion in shares while trimming the company's record cash pile.
President Trump has restarted the effort to remove Federal Reserve Governor Lisa Cook, giving her three weeks to respond to disputed mortgage-related allegations after the Supreme Court blocked the first attempt in June.
Employers cut 23,000 jobs in July while the unemployment rate fell to 4.1%. Kevin Hassett credits retirements, border enforcement, and World Cup distortions for the dip, and markets rallied on cooler rate-hike odds.
The Digital Asset Market Clarity Act faces a make-or-break week as Senate leaders push for a vote before the August recess, with bipartisan support colliding against ethics demands from Democrats and a fast-closing clock.
A viral debate over a $20 burrito has split Republicans into warring camps over affordability, with VP Vance, Dan Crenshaw and others weighing in on how the GOP talks to young voters about the cost of living.
California Democrats officially endorsed Prop 40, a one-time 5% billionaire wealth tax for healthcare, in a narrow vote that broke with Gov. Gavin Newsom.
White House economic adviser Kevin Hassett says the U.S. economy is 'amazing' after second-quarter GDP came in at 1.5 percent, pointing to surging consumer spending and a 3.9 percent jump in private demand.
The Trump administration laid out its decision-making in court documents, confirming it cut Green New Scam grants in blue states while protecting energy projects in red states.
President Trump is imposing new 10-12.5% forced labor tariffs on 60 nations at midnight Friday as temporary 10% global levies expire, covering 99% of U.S. imports.
Iran has ordered Yemen's Houthi movement to stand ready to close the Red Sea's Bab el-Mandeb strait if the US strikes Iranian power infrastructure, three sources told Reuters, threatening a catastrophic escalation that could block two of the world's most vital oil routes simultaneously.
President Donald Trump is firing back at foreign free-riders with a new wave of tariffs targeting Canada at up to 50 percent and generic drugs at 100 percent, with duties on up to 97 more nations coming within days.
President Trump signed three proclamations Monday imposing 50% tariffs on Canadian autos, dairy, and alcohol under a 1930s trade law, targeting alleged discrimination against American goods.
The Teamsters union is pushing President Trump to impose 75% tariffs on Mexican beer imports, arguing popular brands like Modelo and Corona should be brewed in America by American workers.
President Trump accused Canada of 'willful negligence' in forest management and threatened to raise tariffs after wildfire smoke from Ontario blanketed major U.S. cities with hazardous air.
President Trump signed executive orders Monday slashing Bears Ears and Grand Staircase-Escalante national monuments by more than 90%, opening millions of acres to energy development.
President Trump's renegotiation of the Gordie Howe Bridge deal delivers US control over toll profits and a new development fund as the crossing opens July 27.
Federal Reserve Chair Kevin Warsh has tapped venture capitalist and prominent Trump ally Marc Andreessen to co-lead a new task force examining how artificial intelligence will reshape the American workforce and economy.
President Trump's administration launched the Trump Accounts child investment program on July 4, with over 6 million families signing up for the cradle-to-adulthood wealth-building initiative.
Democratic governors led by Gavin Newsom, Tim Walz, and J.B. Pritzker are urging Congress to reject the Stop Climate Shakedowns Act, a bill that would protect energy companies from climate lawsuits. Republicans say the legislation is needed to protect American energy jobs and prevent junk litigation.
President Trump's 2025 financial disclosure reveals $1.4 billion in crypto earnings during his first year back in office, with World Liberty Financial and meme coin ventures driving massive returns.
President Trump declined to renew the USMCA trade pact on Wednesdays deadline, opting for annual reviews and separate bilateral trade deals with Canada and Mexico to secure better terms for American workers.
President Trump demands gas stations lower prices to $2.50 per gallon immediately, warning of consequences for holdouts as crude oil drops to $69 a barrel and the national average falls to $3.85.
The Fed's preferred inflation gauge hit 4.1% in May, a three-year high driven by Iran war energy costs, as markets price in a near-certain rate hike by October.
Crude oil has fallen from crisis peaks above $120/barrel to under $80 in one month. Gas prices just dipped below $4 nationally. The Iran peace deal is delivering at the pump.
The national average gas price fell below $4 for the first time since April as crude oil prices collapsed following the U.S.-Iran peace deal. Analysts expect further declines if Friday's Geneva signing proceeds without disruption.
U.S. employers added 172,000 jobs in May, beating forecasts as revisions lifted prior months and the unemployment rate held at 4.3%.
Gov. Ron DeSantis has called a special session to advance a constitutional amendment that would eliminate property taxes for most Florida homeowners.