Economic activity in the services sector fell back modestly in July as businesses held off on making purchases amid policy uncertainties. The Institute for Supply Management’s purchasing manager’s index dropped 0.7 percent from June to reach a series level of 50.1 percent in July, just slightly above the break-even level of 50 percent, below which...
President Trump's decision to fire Bureau of Labor Statistics Commissioner Erika McEntarfer is unlikely to benefit the economy or his agenda, as the data collection process is transparent and the revisions are small overall.
Rep. Kevin Kiley (R-Calif.) called out Speaker Mike Johnson (R-La.) and House Minority Leader Hakeem Jeffries (D-N.Y.) over their responses to redistricting efforts across the country, saying the chaos needs to end. “Ultimately I think that the Speaker needs to step up and show some leadership here because even our own members in states that...
A toppled statue dedicated to the memory of Confederate officer Albert Pike will soon be reinstalled in Washington, D.C., according to the Department of Interior. The statue will be back in Judiciary Square by October, according to The Washington Post, who first reported the move. It comes a year ahead of the nation’s 250th founding...
The 2028 presidential race is already underway, with potential Democratic candidates Kamala Harris and Alexandria Ocasio-Cortez looking to deliver bold prescriptions for the nation's economic woes.
Hawaii Sen. Brian Schatz (D) has locked down the votes he needs to replace Sen. Dick Durbin (D-Ill.) as Senate Democratic whip once Durbin retires from Congress at the end of next year, according to a person familiar with Schatz’s support. Schatz, the Democratic chief deputy whip, has also earned the endorsement of Senate Democratic...
Ghislaine Maxwell, the accomplice of convicted sex offender Jeffrey Epstein, urged a federal judge Tuesday to reject the Trump administration’s bid to unseal grand jury transcripts in her case. David Oscar Markus, Maxwell’s attorney, said she “has no choice” to oppose the request because the judge declined to allow her to review the material in...
Artificial intelligence (AI) models from OpenAI, Google and Anthropic have been added to a government purchasing system, allowing federal agencies to buy and use the AI products. The General Services Administration (GSA) announced Tuesday that ChatGPT, Gemini and Claude had been added to the agency’s Multiple Award Schedule for purchase. “America’s global leadership in AI...
Transportation Secretary and interim NASA Administrator Sean Duffy outlined the space agency's fast-track plan to build a nuclear reactor on the moon on Tuesday. “We're in a race to the moon, in a race with China to the moon. And to have a base on the moon, we need energy. And some of the key...