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The markets won’t let Trump fire Jerome Powell

Whatever hope investors mustered over the weekend that Treasury Secretary Scott Bessent had made progress in the White House‘s trade negotiations with Japan quickly dissipated as traders tuned into the president’s latest tirade on Truth Social. “‘Preemptive Cuts’ in Interest Rates are being called for by many,” President Donald Trump wrote just minutes after Monday’s […]

The main reason Trump’s reannexation of the Panama Canal would backfire

PANAMA CITY, Panama—When President Theodore Roosevelt formulated plans for the Panama Canal, there was no Panama. The country was still part of the Republic of Colombia despite bouts of on-again, off-again autonomy and separatism. When Colombia rejected proposals for the canal, Roosevelt threw U.S. support to Panamanian independence or, as Panamanians refer to it, separation […]

American manufacturer welcomes level playing field against China

SAVANNAH, Georgia — Not all tariff stories are the same. Just over 12 years ago, while on active duty, Tyler Merritt founded Nine Line Apparel out of a garage, creating a brand of clothing dedicated to honoring service members. It soon became a smash hit that didn’t resonate with just veterans and their families, but […]

Republicans get new case of heartburn over Hegseth

Senate Republicans are experiencing a new case of heartburn over Defense Secretary Pete Hegseth after a spate of Pentagon staff firings in recent weeks and the emergence of a second Signal chat reportedly detailing attack plans in a month’s time. Hegseth once again found himself squarely in the spotlight over the past week after a...

RFK Jr. set to announce a plan to ban certain artificial food dyes

The Trump administration is set to unveil a plan to remove petroleum-based synthetic dyes from the country’s food supply, ramping up pressure on food companies, according to a media advisory sent by the Department of Health and Human Services on Monday.  HHS Secretary Robert F. Kennedy Jr. and Food and Drug Administration Commissioner Marty Makary...

Walgreens settles allegations around opioid prescriptions for $300M: DOJ

National pharmaceutical retailer Walgreens has agreed to pay at least $300 million to settle allegations it illegally fulfilled millions of invalid controlled substance prescriptions for more than a decade. Per the terms of the settlement, Walgreens will pay the federal government $300 million to resolve allegations that the company violated both the Controlled Substances Act...

Harvard sues the Trump administration over funding cuts

Harvard University sued the Trump administration on Monday after the federal government canceled billions of dollars in funding for the Ivy League school. The lawsuit marks a significant — though expected — escalation in the battle between Harvard and President Trump after the nation's oldest university rejected administration demands to eliminate diversity, equity and...

Google faces uncertain future after antitrust losses

{beacon} Technology Technology   The Big Story Google faces uncertain future after antitrust losses Google’s tech empire is increasingly on shaky ground after losing two antitrust cases in less than a year. © Adobe Stock A federal judge ruled Thursday that Google has an illegal monopoly over advertising technology, just eight months after another judge...

Tariffs fallout spreads

Presented by Third Way — Plus: Hegseth engulfed in escalating storm {beacon} Stocks slide as Trump attacks Fed's Powell A STOCK MARKET SELLOFF intensified Monday as President Trump lashed out at Federal Reserve chairman Jerome Powell, with fallout from the trade war spreading across industries. The S&P 500 fell more than 2 percent Monday...

Education Department to restart collections on defaulted federal student loans

The Department of Education announced Monday it will restart collections on defaulted federal student loans on May 5, including potentially garnishing wages for millions of workers. The federal agency said more than 5 million borrowers have been in default — not making monthly payments — for more than year and in some cases for more...

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