Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
Boasberg Blocks Subpoenas Against Fed Chair Jerome Powell
Federal judge rules DOJ effort to issue grand jury subpoenas was a pretext to pressure Powell on interest rates, citing over 100 Trump statements attacking the Fed chair.
Venezuelan National Charged With Assaulting Federal Officer, Grabbing Service Weapon in Michigan
Arnoldo Jose Marquez-Pulido, 33, faces multiple federal charges after allegedly fleeing traffic stop and struggling with Homeland Security Task Force agent in Utica.
Judge Blocks DOJ Subpoena for Federal Reserve Records, Citing No Evidence of Crime
Judge James Boasberg ruled prosecutor Jeanine Pirro presented no evidence to justify demands for Fed documents, saying the investigation appeared designed to pressure Chairman Jerome Powell
Utah Moves to Ban Prediction Markets as State Takes On Kalshi and Polymarket
Governor Spencer Cox will sign legislation targeting prediction markets, putting the conservative state at odds with the CFTC and creating a potential legal showdown.
IEA Called for Joint Release of Emergency Oil Stocks at G7 Online Meeting, Japan Says
The call comes amid ongoing volatility in global energy markets and follows months of coordinated international effort to stabilize oil supplies.
G-7 Ready to Release Oil Stockpiles If Needed to Support Supply
The Group of Seven nations signal willingness to tap strategic reserves amid ongoing volatility in global oil markets.
Sustained War with Iran Could Drain US Missile Stockpiles, Test Escalation Control
Defense officials warn that production lines cannot surge overnight to replenish interceptors depleted by operations in Ukraine and the Middle East.
Vice President Vance Promotes Economic Agenda at Wisconsin Machining Facility
Speaking at Pointe Precision Inc., the vice president focused on affordability and fraud ahead of the 2026 midterm elections.
Tariff Decision Deemed Both Right and Wrong by Stakeholders
The administration’s new steel and aluminum tariffs aim to protect jobs, while industry groups warn they could raise consumer prices and spark trade disputes.
Trump Global Tariff to Take Effect at 10% Despite Earlier 15% Announcement
The rate will apply to steel and aluminum imports starting next month, lowering the previously signaled 15% duty and raising questions about policy consistency.