Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump: Tariff limits would be ‘terrible blow’ security President Trump on Friday doubled down on his tariff agenda as the Supreme Court weighs its legality, suggesting that losing his ability to impose import taxes on trading...
The U.S. Coast Guard painted a grim picture Friday of its ongoing search for the survivors of a Dec. 30, 2025, strike on an alleged drug-trafficking convoy in the Pacific Ocean that the military said killed at least three people. The Coast Guard said Friday that it is coordinating the search with multiple vessels, including...
An off-duty Immigration and Customs Enforcement (ICE) officer on Wednesday allegedly shot and killed a man following a confrontation outside the officer's home in Los Angeles. "On December, 31st, an off duty ICE Officer bravely responded to an active shooter situation at his apartment complex," DHS spokesperson Tricia McLaughlin said in a statement to The...
The Trump administration’s latest attempt to block offshore wind turbine construction is meeting with a pushback in the courts. In December, the administration suspended the authority of five major offshore wind projects to build in federal waters. It did so by pausing leases granted to them by the federal government allowing for the use of the ocean,...
New York City Mayor Zohran Mamdani (D) proclaimed a “new era” as he took the helm of the country’s largest city on New Year’s Day. Mamdani, the 34-year-old democratic socialist whose star rocketed last year, was publicly sworn in on the steps of City Hall, where he addressed a crowd of thousands in a sweeping inauguration speech...
Sen. Chris Coons (D-Del.) on Friday called on President Trump to expand the administration's seizures of Venezuelan oil tankers to tankers coming from Russia. "He’s been using our military to interdict oil tankers because there is this ghost fleet that helps keep Venezuela’s regime alive," Coons told Jonathan Lemire of "Morning Joe" on MS NOW....
Kennedy Center interim President Richard Grenell dismissed reports Friday that "Wicked" composer Stephen Schwartz canceled his upcoming performances at the venue, saying he had never signed a deal to perform under the new leadership. "The Stephen Schwartz reports are totally bogus," Grenell wrote on the social platform X. "Shame on the woke high school reporters...
Rep. Eric Swalwell (D-Calif.) vowed Wednesday that if elected governor he'd strip driver’s licenses from federal immigration officers wearing masks in California. “If the governor has the ability to issue driver’s licenses to people in California, if you’re going to wear a mask and not identify yourself, you’re not going to be eligible to drive...
Outgoing Rep. Marjorie Taylor Greene (R-Ga.) on Friday slammed President Trump’s threat to intervene in Iran as it cracks down on anti-government protests. Greene said on the social platform X that Trump’s pledge, along with Israeli billionaire Shlomo Kramer telling CNBC that the federal government should “limit the First Amendment” by cracking down on speech...
Newly inaugurated New York City Mayor Zohran Mamdani (D) has revoked a series of executive orders issued by former Mayor Eric Adams (D), including some aimed at supporting Israel. In one of Mamdani’s first moves as mayor, he issued a directive to undo orders signed by Adams since Sept. 26, 2024, the day Adams was...
China's BYD overtook Elon Musk’s Tesla as the world’s leading electric vehicle (EV) seller in 2025, as Tesla faced declining sales for a second year in a row. BYD said Thursday that it sold about 2.26 million EVs in 2025, up nearly 28 percent from the year before. In a release Friday, Tesla said it delivered about 1.64 million EVs last year, down around 9 percent from 2024. Musk’s EV firm also saw a...
Many of us have spent the last two weeks largely checked out and concentrating on happier things than the intimate details of Jeffrey Epstein’s private life. Sadly, that’s all about to change. Come Monday, it’s going to be all Epstein all the time. That’s because the Department of Justice has made a complete hash of...
