Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances
Lack of jobs data due to government shutdown muddies view of hiring
From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
Supreme Court lets Lisa Cook remain as a Federal Reserve governor for now
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
Fed Cuts Rates, Signals Two More Late This Year
The Federal Reserve approved a 25‐basis‐point rate cut, bringing its benchmark rate target to 4.%‑4.25%, with a vote of 11 to 1.
Jerry quits Ben & Jerry’s, saying it has stifled his voice on issues
Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years. He says the freedom the company used to have to speak up on social issues has been stifled
Federal Reserve cuts key rate by quarter-point, signals two more cuts
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, led by Chair Jerome Powell, had kept their rate unchanged this year as they evaluated the impact of tariffs, tighter immigration enforcement, and other Trump administration policies on inflation and the economy. The only dissenter was Stephen Miran, the recent Trump-appointee.
FDA Cracks Down on Telehealth Firms for 'Misleading' Weight‑Loss Drug Claims
The FDA has issued over 100 warning letters to drug makers and online health firms, including Hims & Hers, for promoting compounded versions of popular GLP‑1's.
Fed convenes meeting to set interest rates amid controversy over Gov’s
After a late-night vote and last-minute ruling, the Federal Reserve began a key meeting on interest rate policy Tuesday with both a new Trump administration appointee and an official the White House has targeted for removal.
FDA takes aim at Hims & Hers, weight loss drugs in new advertising blitz
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Treasury Chief Says U.S. Trade Deal with China is Nearing
Treasury Secretary Scott Bessent said Tuesday that a U.S./China trade agreement is within reach, with talks growing “more and more productive”.
Trump Sues The New York Times for $15 Billion
President Donald Trump filed a $15 billion defamation lawsuit against The New York Times alleging the outlet has repeatedly spread falsehoods about him.
Trump Calls for End to Quarterly Earnings Reports
President Donald Trump proposed that U.S. companies shift from quarterly to semiannual earnings reporting, claiming it would reduce costs.
