Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation spikes to 3.8% in April amid Iran shock The annual inflation rate shot higher in April as the war in Iran drove up energy and food prices, according to data released Tuesday by the Labor...
The wife of Transportation Secretary Sean Duffy on Tuesday said that her husband is not a “corrupt man” after a watchdog group urged the inspector general to investigate the couple’s newest reality series, “The Great American Road Trip.” “I don't think anybody can accuse my husband of not having done his job well. In fact,...
Karen Evans, the acting head of the Federal Emergency Management Agency (FEMA), has departed the disaster relief agency in yet another leadership upheaval. A memo to FEMA staff on Tuesday disclosed that Evans was departing, according to Politico’s E&E News. Evans had been in charge of FEMA since December, after David Richardson, her predecessor as...
Food and Drug Administration (FDA) Commissioner Marty Makary stepped down on Tuesday, capping weeks of pressure and rumors that his job was in jeopardy. The agency’s top food regulator, Kyle Diamantas, will take over, President Trump wrote on Truth Social. Trump told reporters ahead of his trip to China on Tuesday that Makary had been “having some difficulty” in the role. ...
South Carolina's Senate on Monday declined to extend its legislative calendar to consider drawing new GOP-favored congressional lines, dealing a blow to President Trump before the midterms this fall. The measure failed via a 29-17 vote after Trump on Monday urged Republicans to back the extension. “South Carolina Republicans: BE BOLD AND COURAGEOUS, just like...
The Missouri Supreme Court unanimously rejected challenges to a Republican-friendly congressional map on Tuesday that is expected to hand the party an additional House seat in the midterms. The rulings landed just hours after the court heard oral arguments in three underlying lawsuits attempting to block the new lines. “This Court’s review of the Missouri residents’ appeals is limited to determining only the legality – not the...
Texas Attorney General Ken Paxton (R) on Monday filed a lawsuit against Netflix, alleging the company is “spying” on state residents and employing deceptive trade practices. Paxton accused Netflix of being designed to be addictive, saying it has earned billions of dollars annually from secretly selling consumer data collected to bolster advertising after the streaming...
President Trump and Chinese President Xi Jinping will have the rare chance this week to directly discuss artificial intelligence as both countries race to dominate the field while managing the risks of advanced models. The talks come at a pivotal time for the Trump administration, as new models like Anthropic’s Mythos force the White House...
President Trump said Tuesday he does not know the contractor that is renovating the Lincoln Memorial Reflecting Pool, after previously saying he spoke to a man he knew about it. Restoration of the basin has drawn criticism for the cost of the no-bid contract and the president's vision, which includes a paint in the color...
Republicans in the House and Senate vented their frustrations with the Pentagon on Tuesday, using a pair of back-to-back hearings to press Defense Secretary Pete Hegseth on the Iran war, President Trump’s unusual plan to fund the Defense Department, spending priorities and America’s dwindling munitions stockpiles. The hearings come as the U.S.-Israeli war in Iran...
Super Bowl LX — which featured a halftime show performance by Bad Bunny that ignited backlash from President Trump and some conservatives — drew more than 2,300 complaints to the Federal Communications Commission (FCC.) The Puerto Rican superstar performed a medley of his mega-hits at the February game between the Seattle Seahawks and the New...
Voters in Nebraska are heading to the polls Tuesday for the gubernatorial primary election. Gov. Jim Pillen (R) is running to defend his seat in the GOP primary, while Democratic frontrunner Lynne Walz, a former state senator, is seeking her party's nod in her own contest. Pillen, who is backed by President Trump, is facing...
