When the Office of the U.S. Trade Representative unveiled its now-infamous "Liberation Day" tariff formula in April 2025, economists quickly noticed that something was not right. At first glance, the formula looked impressive. It had Greek symbols, academic citations, and all the trappings of serious economic analysis. But once economists began examining it, the sophistication quickly fell...
In today's issue: ▪ Democrats face uphill fight in Florida ▪ Cassidy shares doubts on FDA nominee ▪ Trump downplays bond market concerns ▪ Melanoma mRNA vaccine trial success Florida Democrats are warning national party members not to abandon the state in November after democratic socialist Angie Nixon defeated moderate Alex Vindman in a shocking...
Two people were aboard the PSP aircraft when it collided with a Cessna 150 around 6:50 p.m., a Federal Aviation Administration spokesperson said in a statement.
Mykhailo Fedorov, the country's former defense minister and a longtime political ally of Zelensky, called for a legal way to be found for Ukraine to hold wartime elections, even though the nation's constitution forbids it.
A new generation of young progressive Democrats could enter Congress next year with a deeply personal connection to the economic issues at the center of their campaigns — and a desire to make those policy items a bigger part of the party’s agenda. For many of these potential lawmakers, the inability to afford a house...
The U.S. service member who was arrested on the steps of the U.S. Capitol last month after he advocated for President Trump’s impeachment was detained again, a U.S. Air Force spokesperson confirmed Wednesday evening. U.S. Air Force Major Jason Watson was ordered into “pretrial confinement” on Tuesday, the spokesperson told The Hill. The U.S. Air...
Transportation Secretary Sean Duffy brought the Trump administration’s feud with Harvard University back to the forefront in a new reality TV series that follows his family’s travels across America. All six episodes of the “Great American Road Trip” debuted on the department’s YouTube page on Wednesday — including stops in states like Arizona, Texas and...
New York City Mayor Zohran Mamdani announced Wednesday he is suing his city council for a bill that grants bonus to teachers’ aides, arguing it violates collective bargaining laws. The RESPECT Check Act, which the City Council unanimously approved in mid-July, provides each New York City school paraprofessional with a $10,000 “workforce stabilization” bonus. The...
Florida state Rep. Angie Nixon (D), who defeated President Trump whistleblower Alex Vindman in the state’s Democratic Senate primary, said Wednesday the divisions in the party were not important. “It's not necessarily a socialist message or a progressive message. It's actually just about the needs of people," Nixon said in an appearance on "CBS Mornings."...
President Trump announced Wednesday evening the “MOST CRUSHING ECONOMIC OPERATION EVER” against Iran amid negotiations to reopen the Strait of Hormuz, a major oil trading waterway that has been effectively closed since early March. “This will be Economic Warfare and Isolation on an unprecedented scale,” the president wrote on Truth Social. Trump said any nation...
Kim Yo Jong, a top adviser and sister of North Korea’s Kim Jong Un, denied knowledge of discussions between the country’s leader and President Trump in a message shared by state media on Wednesday. Trump told reporters earlier in the day that the country’s leader had responded to his request for a conversation and that...
Multiple Federal Reserve officials indicated the central bank may need to raise interest rates later this year, according to newly released minutes of the Fed’s July meeting. While most participants at the joint meeting of the Federal Open Market Committee (FOMC) and the Fed’s Board of Governors "anticipated that inflation would step down over the...
Prosecutors allege the engraved bullet used to kill conservative commentator Charlie Kirk show alleged shooter Tyler Robinson targeted the commentator for his political beliefs. “Most importantly, Defendant ignores that he engraved one of the cartridges in his grandfather’s rifle with the overt political reference ‘Hey fascist, catch,’” they wrote. Prosecutors also cited an alleged text...
