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Republicans are gutting subsidies for the fastest growing sources of U.S. electricity, solar and wind. Among the biggest winners will be China.

U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, crucial data points that help the Fed assess the economy's health and guide interest rate decisions.

Economists warn that the labor market may be showing signs of weakness, with slower job growth and higher unemployment rates expected in the coming months.

The company, founded in 1886, said it was voluntarily initiating Chapter 11 proceedings, citing mounting debt, economic headwinds and consumer spending shifts.

Slim-Fast roared into the weight-loss market in the 1970s, and Mr. Abraham used his fortune to back Democratic candidates and push for Mideast peace.

The announcement marked the first such agreement with a country that the United States has a trade deficit with. And it comes before the July 9 deadline, when a reciprocal tariff rate of 46 percent was slated to kick in.

The Labor Department unveiled an "aggressive deregulatory" effort this week.

The provision emerged from President Donald Trump's campaign pledge to end taxes on Social Security. But experts say many are excluded.

Legislation passed by the Senate on Tuesday could affect how people sign up for Medicaid and the insurance marketplaces, and where they can get care.

The legislation extends trillions of dollars in tax cuts from Trump's first term and implements new campaign promises, while spending billions on immigration.