Michael Rainey

President Trump slapped tariffs of 50% on some Canadian goods Monday, just days after threatening to punish the country for allowing heavy wildfire smoke to drift into the United States.

Appearing before the Senate Appropriations Committee Tuesday, Defense Secretary Pete Hegseth said the war with Iran has cost an estimated $37.5 billion so far, though he provided few details explaining the Pentagon's assessment. Some independent analysts have said the price tag is likely considerably higher.

President Trump announced Tuesday evening that he plans to impose a major tariff on generic drugs imported to the United States in two years, with the goal of bringing drug manufacturing back into the country.

The Trump administration is imposing new tariffs ranging from 10% to 12.5% on 60 major trading partners, U.S. Trade Representative Jamieson Greer

Republicans are hoping they'll be rewarded at the polls this fall for the tax cuts they passed in the One Big Beautiful Bill Act last summer, but it looks like voters aren't very impressed with the legislation — if they even know about it at all.

The Federal Reserve held its benchmark interest rate steady on Wednesday, but three Fed presidents dissented, highlighting the pressure building on the central bank to confront stubbornly elevated inflation.

President Trump continued to send mixed messages Friday about the controversial “anti-weaponization” fund that was created as part of the settlement of his $10 billion lawsuit against the IRS – a controversy that is holding up a vote to confirm his former personal attorney Todd Blanche as Attorney General of the United States.

President Trump continued to send mixed messages Friday about the controversial “anti-weaponization” fund that was created as part of the settlement of his $10 billion lawsuit against the IRS – a controversy that is holding up a vote to confirm his former personal attorney Todd Blanche as Attorney General of the United States. Asked about the fund by reporters at a Cabinet meeting held at Camp David, Trump said he thinks the $1.776 billion fund is finished, however much he would prefer tha

A pair of Republican senators who threatened to block the confirmation of Todd Blanche as attorney general said Monday that they will now support h

A pair of Republican senators who threatened to block the confirmation of Todd Blanche as attorney general said Monday that they will now support