Supreme Court urged to consider the legality of Trump’s tariffs
A group of plaintiffs is suing President Trump over his tariffs introduced on what he termed “liberation day.” They’ve asked the Supreme Court to bypass lower courts and quickly address the legality of these taxes. Two federal courts have already ruled that Trump improperly invoked the International Emergency Economic Powers Act (IEEPA) to impose these […]
Kraft Heinz removing artificial colors: Key information to understand
Kraft Heinz, a major player in the food and beverage industry, announced on Tuesday that it will eliminate artificial dyes from its products sold in the United States by 2027 and will refrain from introducing new products that contain such additives. “With a history spanning over 150 years, we are constantly refining our recipes and […]
Retail sales drop in May due to trade conflicts
Retail sales in the U.S. dropped in May as the country continues to adjust its trade policies, impacting both consumers and businesses. According to the Commerce Department, retail and food service sales fell by 0.9% from April, totaling $715.4 billion in May. This drop was sharper than the anticipated 0.6% decline forecasted by economists. This […]
Latest ranking shows the top American-made cars for 2025
(Nexstar) – While finding a car that’s completely made in the U.S. is nearly impossible, the recent rankings from cars.com are set to change things a bit, especially for American-made vehicles by 2025. For over a decade, this platform has been analyzing which cars are considered American-made. The heightened focus on this issue, particularly after […]
Here’s what the Senate Republicans propose in Trump’s ‘big, beautiful bill’
On Monday, the Senate Finance Committee unveiled some of President Trump’s “significant and beautiful bills,” which cover topics like Medicaid, taxes, and green energy tax credits. This part of the bill was highly anticipated, featuring some contentious elements that Senate GOP holdouts had previously flagged. It seems to be shaping up as a point of […]
Trump Jr.: My father has no connection to ‘Trump Mobile’
Donald Trump Jr. Clarifies Trump’s Role in New Mobile Venture On Monday, Donald Trump Jr. emphasized that his father, President Trump, is not involved with Trump Mobile, the new mobile phone service launched by the Trump organization. “My father wasn’t involved in any of these things,” Trump Jr. told News Nation Now. “And I know […]
Senate reduces extra Trump tax cuts in its version of major legislation
The Senate’s new Republican Tax and Expense Reduction Bill aims to make many key aspects of the 2017 tax cuts permanent, though it will scale back some of what the House had passed. A central version of President Trump’s “big, beautiful bill” was unveiled by the Senate Finance Committee on Monday. This Senate bill will […]
Republicans in the SALT Caucus are furious about the $10K limit in the Senate’s major legislation.
Moderate House Republicans from high-tax blue states are in a heated dispute over the Senate’s proposal to maintain the state and local tax (SALT) deduction cap at $10,000. This disagreement highlights one of the more frustrating aspects of the GOP’s major legislation. The release of texts from Senate Republicans on Monday stirred up a lot […]
Senate unveils plan for Trump’s taxes and Medicaid
On Monday, Senate Finance Committee Chairman Mike Crapo (R-Idaho) revealed the Senate’s long-anticipated tax reform proposal. This plan builds on President Trump’s 2017 corporate tax cuts and suggests significant reductions in Medicaid funding, alongside the elimination of renewable energy tax incentives established during President Biden’s administration. The legislative text, which can be found here, is […]
Consumer confidence increases for the first time this year
WASHINGTON – In June, consumer sentiment experienced its first uptick in six months. This surge suggests that many Americans feel more optimistic about the economy, thanks in part to a decline in inflation and a pause in the trade tensions between the U.S. and China. The initial readings from the University of Michigan’s widely tracked […]