Fed Chair Jerome Powell said Tuesday the magnitude of President Trump's April 2 "Liberation Day" tariffs forced the central bank to take its time instead of bowing to the White House and cutting interest rates sooner.
Nearly 10,000 city workers in Philadelphia who collect trash, answer 911 calls, maintain city pools and perform other jobs went on strike Tuesday after contract negotiations broke down.
The Senate early Tuesday voted to quash an effort to impose a 10-year moratorium on state regulation of artificial intelligence. The vote removed the AI provision from President Trump's "big, beautiful bill" that Senate Republicans are struggling to ...
Homeland Security has collected more than $106 billion in tariff revenue since President Trump took office, and most of that -- $81.5 billion -- is directly tied to the new levies the president has imposed on worldwide goods.
President Trump, who has fumed over the Federal Reserve's refusal to lower interest rates, sent an unfriendly note to Chairman Jerome Powell chiding him about the more favorable rates set in dozens of other countrie ...
Michele Kang's international soccer portfolio keeps growing. The owner of the NWSL's Washington Spirit was named the president of the Olympique Lyonnais French men's club on Monday, the team announced.
Elon Musk is calling for a new political party to rise if Republicans pass President Trump's "big beautiful bill" through Congress, and is also vowing to target lawmakers who back the bill in primary elections next year.
Canada bowed to White House demands and decided not to collect a tax on U.S. tech companies as planned Monday, a sign that President Trump's hardball tactics are paying off as he cajoles dozens of trading partners to strike deals or face stiff ...
The head of the Democratic National Committee said Monday that North Carolina Sen. Thom Tillis decided against running for reelection because he does not want to defend President Trump's "big, beautiful bill" in the 2026 midterms.