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US forces hit Yemen oil port in ongoing strikes against Houthis

U.S. forces on Thursday hit a major fuel port in western Yemen used to supply Houthi rebels, the first such airstrike publicly announced since Washington began an air campaign against the militant group in March. “Today, U.S. forces took action to eliminate this source of fuel for the Iran-backed Houthi terrorists and deprive them of...

Trump and Powell set for showdown as tariffs rattle markets

President Trump and Federal Reserve Chair Jerome Powell are facing off over how the central bank will respond to the economic impact of the White House's trade war. Trump and Powell appear to be locked on a collision course with each other as the Fed has maintained a pause in rate cuts in response to...

Trump budget draft proposes deep cuts to HHS

Click in for more news from The Hill {beacon} Health Care Health Care   The Big Story Trump budget document proposes deep cuts to HHS The Trump administration is aiming to cut the Department of Health and Human Services (HHS) budget by a third next year, according to a proposal leaked Wednesday. © AP The...

Hochul denounces ‘unacceptable’ taping of swastikas on Albany GOP headquarters

New York Gov. Kathy Hochul (D) on Thursday denounced the vandalization of the state GOP headquarters in Albany. Police say an individual taped swastikas and a message that read, "If this is not what you stand for, prove it," on the building's doors and windows overnight. “This is unacceptable. No one should ever resort to...

Trump teases Powell’s ‘termination’

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Trump ratchets up criticism of Powell President Trump on Thursday said he would be able to remove Federal Reserve Chair Jerome Powell if he wanted to, adding he’s “not happy with him.” © The Associated Press...

Trump eyes regulatory shortcuts

{beacon} Energy & Environment Energy & Environment   The Big Story Trump moves raise presidential power questions President Trump has sought to take shortcuts in the otherwise lengthy regulatory process via executive order that could mark a notable expansion in presidential power. © Greg Nash In recent weeks, Trump has directed federal agencies to withdraw rules...

UnitedHealth Group stock drops sharply as it slashes earnings outlook

UnitedHealth Group’s stock dropped sharply on Thursday after the insurance giant slashed its earnings outlook for 2025. The announcement led to a broad drop in the Dow Jones Industrial Average, which fell 527 points, or 1.3 percent. The reason: People enrolled in its Medicare plans needed more care than anticipated. For an insurance company,...

Letitia James launches high-dollar fundraiser after alleged mortgage fraud case

New York Attorney General Letitia James launches an ActBlue fundraiser seeking donations up to $18K-per-person in wake of alleged mortgage fraud.

HUD puts half-occupied headquarters building in DC up for sale

HUD's headquarters was put on a list of federal assets to be sold, and it is facing hundreds of millions in deferred maintenance costs with only half the building being used.

Supreme Court poised to make major decision that could set limits on the power of district judges

The Supreme Court has agreed to examine the Trump administration’s challenge to judges issuing nationwide injunctions.

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