Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Polls, gas prices have Democrats up, GOP down A few months ago, Republicans were highly confident they’d retain the Senate, where the GOP would have to lose a net of four seats to see its majority...
British monarch King Charles III made an appeal to the shared values between the U.S. and the U.K. while stressing the importance of international cooperation and service in a historic address to a joint meeting of Congress on Tuesday. “The challenges we face are too great for any one nation to bear alone,” Charles said....
President Trump on Monday signed a measure stripping protections from a Minnesota wilderness area and instead opening it up to mining. The White House announced that Trump signed a resolution passed by the House and Senate to undo Biden-era protections for an area around Minnesota’s Boundary Waters Canoe Area Wilderness. Boundary Waters is a wilderness area that includes a...
Sen. Kevin Cramer (R-N.D.) on Tuesday said he hopes that Federal Reserve Chair Jerome Powell will depart the central bank at the conclusion of his term next month. Powell’s term as chair is set to end on May 15, but he has previously said he would continue as a board member until the resolution of...
BP earned $3.2 billion in the first quarter, the energy giant reported Tuesday — an exponential increase in its profits that beat market projects amid the rising cost of oil due to the Iran war. It’s the company’s highest profit in three years and first reported sign of growth under CEO Meg O'Neill, who was...
A new poll shows President Trump's approval rating has slipped to the lowest level of his second term, with more Americans mostly pointing toward his handling of rising cost of living prices instigated by the conflict with Iran. The Reuters/Ipsos poll released Tuesday showed Trump's approval dropping down to 34 percent, 2 points below his...
California Gov. Gavin Newsom (D) went after Florida’s current redistricting push, saying “it'd be a bad mistake if they move forward.” The push, which comes on the heels of a vote in Virginia to approve a new congressional map that favors Democrats, is likely the last time a state will be able to redistrict before...
President Trump slammed the chancellor of Germany on Tuesday after Friedrich Merz said the U.S. was being “humiliated” by Iran. “The Chancellor of Germany, Friedrich Merz, thinks it’s OK for Iran to have a Nuclear Weapon. He doesn’t know what he’s talking about!” Trump wrote on Truth Social. “If Iran had a Nuclear Weapon, the...
A writer and film actor who stars as a senator “obsessed with watching himself” on social media says his new thriller could serve as a “cautionary tale” for real-life lawmakers. In “PH-1,” Mark Kassen plays a fictional independent senator who’s on the verge of passing a water bill. “He loves his own image. You see...
The Department of Justice (DOJ) has secured a second indictment against former FBI Director James Comey, a source familiar told NewsNation, The Hill's sister network. It was not immediately clear the specific charges faced by the longtime foe of President Trump, but CNN reported that they relate to a photo Comey posted last May of seashells on a beach arranged to form...
The Pentagon has asked Congress to codify its “Department of War” renaming, saying it will cost nearly $52 million to complete and will not have a “significant impact” on President Trump’s fiscal 2027 defense budget request. The Defense Department said the “actual costs are being collected during implementation and will be available after” the current...
A second three-judge panel in Wisconsin dismissed a challenge to the state’s congressional map on Tuesday, ruling it does not have the authority to rule on the matter. The judges, David Conway of the Dane County Circuit Court, Michael Moran of the Marathon County Circuit Court and Patricia Baker of the Portage County Circuit Court,...
