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Chamber of Commerce leads effort to promote Trump’s and the GOP’s major legislation after Medicaid conflict

Chamber of Commerce leads effort to promote Trump's and the GOP's major legislation after Medicaid conflict

The U.S. Chamber of Commerce is stepping up to assist Congressional Republicans in promoting Trump’s major budget proposal, especially after the recent fallout over significant Medicaid cuts, which have tarnished some of the administration’s legislative achievements. This prominent business organization plans to host numerous roundtable discussions focused on tax reductions and the potential economic growth […]

Warren urges FTC and DOJ to think about stopping the Dick’s-Foot Locker merger

Warren urges FTC and DOJ to think about stopping the Dick's-Foot Locker merger

Warren Raises Concerns Over Proposed Dick’s and Footlocker Merger Senator Elizabeth Warren (D-Mass.) expressed apprehensions on Tuesday regarding the potential merger between Dick’s Sporting Goods and Footlocker, highlighting the possible negative impacts on American families and small businesses. Warren remarked that “Dick’s and Footlocker are currently competing with independent retailers for favorable terms with suppliers. […]

Tariffs from Trump likely to take effect on Thursday

Tariffs from Trump likely to take effect on Thursday

New mutual tariff rates on various trading partners of President Trump are set to begin on Thursday. This change is being pushed forward as markets, consumers, and businesses back significant shifts in the global trade system. The president signed an executive order last Thursday that revealed new fees, although the implementation was announced earlier in […]

Meta prohibits millions of WhatsApp accounts connected to fraudulent activities

Meta prohibits millions of WhatsApp accounts connected to fraudulent activities

On Tuesday, Meta took action against 6.8 million WhatsApp accounts linked to a financial fraud operation after victims reported being scammed. The company noted that many of these fraudulent activities are centered in criminal hubs located in Southeast Asia. “Using insights from our latest enforcement data, we were able to proactively identify and delete these […]

Paul Ryan: Supreme Court probably will limit Trump’s power to impose emergency tariffs

Paul Ryan: Supreme Court probably will limit Trump's power to impose emergency tariffs

Speaker Ryan Discusses the Future of Trump’s Tariff System House Speaker Paul Ryan has voiced concerns about potential disruptions to President Trump’s extensive tariff system, which may have significant implications for financial markets. Speaking on Wednesday, Ryan noted that the emergency customs measures—used as a legal foundation for a set of “mutual” tariffs set to […]

Are ‘pocket rescissions’ allowed? Congressional watchdog says ‘no’

Are 'pocket rescissions' allowed? Congressional watchdog says 'no'

This week, the U.S. Government Accountability Office (GAO) discussed what seems to be a pocket rescission proposed by President Trump’s Budget Office. This controversial move, aimed at reducing spending, is deemed illegal and could disrupt the administration’s plans. The notion of a pocket rescission involves the President requesting Congress to cancel funds already approved, particularly […]

Trump to reveal $100 billion investment by Apple in US manufacturing

Trump to reveal $100 billion investment by Apple in US manufacturing

President Trump plans to announce a $100 billion investment from Apple aimed at boosting domestic production and steering clear of tariffs. The announcement is scheduled for 4:30 PM in the Oval Office. This initiative marks the launch of an American manufacturing program. It features significant incentives for technology aimed at bringing Apple’s supply chain to […]

Nebraska’s GDP falls 6 percent during Trump’s presidency

Nebraska's GDP falls 6 percent during Trump’s presidency

Representative Don Bacon, a moderate Republican from Nevada, expressed his concerns regarding the US economy, noting that his state experienced a 6% annual decline in real gross product (GDP) during the first quarter of 2025. In a conversation with CNN’s Phil Mattingly, Bacon cited recent employment statistics and new tariffs as indicators of economic trouble. […]

Growth in the services sector slows in July

Growth in the services sector slows in July

Economic Activity in Services Sector Declines Slightly Economic activity within the services sector saw a modest decline in July. Businesses appeared hesitant to make new purchases due to ongoing policy uncertainties. The Purchasing Manager Index, from the Supply Management Institute, decreased by 0.7% from June, landing at a level of 50.1% for July. According to […]