Tom Howell Jr.

Trump says Supreme Court tariff case is about ‘common sense’

President Trump says his administration should win a major legal case against his tariff authority on legal grounds and on "common-sense" merits, warning the U.S. would have to refund "trillions" if he loses.

September 12, 2025

Fed caught between inflation concerns and soaring jobless claims

The Federal Reserve faces a huge test this month as it weighs the state of the economy under President Trump, with inflation running a bit hotter than desired but a worsening jobs situation all but requiring a rate cut.

September 11, 2025

Consumer prices rose at a hotter rate in August, though not far off forecasts

Prices rose 0.4% in August, the federal government said Thursday in a report that roughly aligned with expectations and keeps the Federal Reserve on track to cut interest rates.

September 11, 2025

MSNBC fires analyst Matthew Dowd for ‘insensitive’ and ‘unacceptable’ comments around Kirk shooting

MSNBC released political analyst Matthew Dowd for comments he made following the shooting of conservative activist Charlie Kirk, calling them "insensitive and unacceptable."

September 11, 2025

Colleges should give taxpayers a cut from funded patents, Howard Lutnick says

The Trump administration has taken a stake in chipmaker Intel and steel and mining companies, so Commerce Secretary Howard Lutnick says taxpayers should get at least half the proceeds from universities that use public support to invent products and secure patents.

September 10, 2025

Trump’s Fed pick, Stephen Miran, inches forward in the Senate

The Senate Banking Committee on Wednesday advanced President Trump's choice to fill a vacancy on the Federal Reserve Board of Governors.

September 10, 2025

Oliver North marries his famous secretary, Fawn Hall, decades after Iran-Contra

It's been 40 years since the Iran-Contra scandal caused a sensation in Washington and headaches for the Reagan administration. Now, two key figures in the episode - Oliver North and his former secretary, Fawn Hall - have tied the knot.

September 10, 2025

Wholesale prices fell a bit in August, signaling a Federal Reserve rate cut is more likely

Wholesale prices decreased slightly in August, the federal government said Wednesday, a surprise development that should give the Federal Reserve more confidence in cutting interest rates.

September 10, 2025

Trump administration appeals ruling that allows Lisa Cook to stay on Federal Reserve’s board

The Trump administration on Wednesday appealed a federal judge's ruling that Federal Reserve Board member Lisa Cook can remain in her position during the legal fight over President Trump's attempt to fire her.

September 10, 2025

Supreme Court to hear challenge to Trump’s tariffs

The Supreme Court said Tuesday it will expedite the case over President Trump's tariffs, slating it for oral argument the first week of November.

September 9, 2025

White House criticizes Israel for attacking Hamas leaders in Doha, citing Qatari-U.S. friendship

President Trump is upset with Israel for bombing Hamas leaders within Qatar, a key U.S. ally, according to the White House.

September 9, 2025

U.S. added 911,000 fewer jobs through March, BLS says

The U.S. added far fewer jobs than previously thought in the 12 months leading up to March, the government said Tuesday.

September 9, 2025

Treasury chief Bessent: U.S. would have to refund up to $1 trillion if it loses tariff case in June

The Trump administration says it would have to refund up to $1 trillion in customs revenue if it loses a tariff case before the Supreme Court and the opinion doesn't arrive until June.

September 9, 2025

Democrats display alleged Trump note to Epstein for 50th birthday

House Democrats on Monday released a screenshot of a note that President Trump allegedly wrote to Jeffrey Epstein for his 50th birthday in 2003.

September 8, 2025

Trump loses bid to toss $83M defamation judgment in favor of E. Jean Carroll

A federal appeals court on Monday upheld a civil judgment ordering President Trump to pay $83.3 million to former magazine columnist E. Jean Carroll over defamation claims.

September 8, 2025

Trump reminds foreign companies to employ Americans at U.S. factories

President Trump is urging foreign nations to hire and train American workers when they set up shop in the U.S.

September 8, 2025

Trump slams EU over Google penalty, threatens to retaliate

President Trump is threatening to hit the European Union with a trade investigation over fines that the bloc imposed on U.S. tech companies.

September 5, 2025

A tough row to hoe: Trump-loving farmers weather low crop prices, tariff costs on fertilizer

Crop prices are low due to big yields, and high fertilizer costs from President Trump's tariff wars are stressing out the heartland.

September 5, 2025

U.S. sees tepid job growth, only 22,000 added, in August, says Bureau of Labor Statistics report

The U.S. added only 22,000 jobs in August, according to federal figures Friday that increased worries about the employment market.

September 5, 2025

Trump Fed pick Stephen Miran says Central bank’s independence is ‘critical element’ for its success

President Trump's choice to fill a seat at the Federal Reserve said Thursday he would act based on economic data and not political whims as debate rages over White House efforts to reshape the Fed to its liking.

September 4, 2025