A new economic outlook released Wednesday indicates that a prolonged disruption of energy supplies resulting from the war in Iran would deliver a severe blow to the global economy, likely causing countries to slip into recession and leading to increased unemployment. The Organization for Economic Cooperation and Development (OECD) described the conflict's impact as the...

Residents of some states are projected to see greater Social Security check cuts than others, the report says.

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Inside the The Hill's Invest in America event The Hill held its second annual Invest in America Summit on Wednesday, as lawmakers, regulators and industry leaders spoke about how the U.S. economy is changing and keeping...

Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security   The Big Story Trump takes double whammy with Iran, Ukraine votes President Trump took two hits on Wednesday with House lawmakers passing legislation designed to force him to end the Iran War, and a vote that flies against his...

Several GOP lawmakers joined House Democrats on Wednesday afternoon to pass a resolution to force the Trump administration to end its war against Iran and to advance legislation to support Ukraine in its fight against Russia. Four Republicans crossed party lines to support the Iran war powers resolution, including Reps. Thomas Massie (Ky.), Brian Fitzpatrick...

President Trump said renovations to the Lincoln Memorial Reflecting Pool were completed on Wednesday after being cleaned and re-painted “American flag blue.” “Excitingly, the final coat of protection will be completed on the Reflecting Pool that sits between The Washington Monument and The Lincoln Memorial, at 4 P.M., today,” Trump wrote in a Truth Social...

President Trump is expected to announce that his administration will put about $700 million to bolster coal. Trump is set to use wartime authority under the Defense Prevention Act to dole out $425 million to 13 existing coal plants and $75 million for an export terminal in California.  He is also expected to announce $185...

Two advisory board members for the Stars and Stripes military newspaper are suing the Pentagon, alleging that the Defense Department’s overhaul of the publication is undermining its editorial independence. The lawsuit, filed Wednesday, asks a federal judge to block the Pentagon’s efforts to “exert unprecedented control” over the news outlet, arguing the department is attempting...

Treasury Secretary Scott Bessent confronted Sen. Ron Wyden about his son's emails with Jeffrey Epstein during a tense budget hearing exchange.