Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
Treasury Subpoenas Hasan Piker, Medea Benjamin Over Cuba Travel
The OFAC investigation seeks financial and communications records from the March trips organized by the Nuestra America Convoy amid broader sanctions enforcement effort.
New York Comptroller Warns AI Could Cost City Thousands of Jobs
Report based on Moody's Analytics data outlines scenarios ranging from 52,000 annual job gains to potential loss of 110,000 positions by 2027.
Chinese Nationals in Virginia Charged With Laundering Drug Money for Sinaloa, Jalisco Cartels
Ruhan Zhen and Hongce Wu face up to 20 years in prison if convicted of conspiring with two cartels designated as foreign terrorist organizations by the Trump administration.
Judge Dismisses Charges Against Kilmar Abrego Garcia, Citing Vindictive Prosecution
The ruling marks a significant legal victory for the man who was mistakenly deported to El Salvador in 2025 before being returned to the U.S.
Senate Delays Budget Vote as Dispute Over DOJ Settlement Fund Intensifies
The $1.8 billion "anti-weaponization" compensation fund for Biden-era prosecuted individuals has stalled the reconciliation package aimed at funding immigration enforcement.
Trump's Towering Arch Clears Another Federal Hurdle Despite Public Pushback
The 250-foot structure near Arlington National Cemetery received final approval from the Commission of Fine Arts with 99.5% of public comments opposed.
Federal Prosecutors Charge Signature Gatherer With Paying Skid Row Homeless for Voter Registrations
The case is part of a broader federal effort to investigate alleged voter fraud linked to California ballot initiatives, though details on specific elections affected remain limited.
Wall Street Banks Helped Chinese Military-Linked Firm Raise Billions Despite Red Flags, Lawmakers Find
JPMorgan Chase and Bank of America underwrote CATL's Hong Kong IPO after Pentagon designated the battery giant as a 'Chinese military company' in January 2025.
Susan Collins Leverages Appropriations Chairmanship in Maine Senate Race, Highlighting $1.5 Billion in Federal Spending
The Republican incumbent is betting that nearly five years of congressional earmarks totaling 700 projects will outweigh Democratic challenger Graham Platner's critiques of her as too aligned with Trump.
Analysis Estimates 5 Million People May Lose ACA Marketplace Coverage After Tax Credits Expired
Enrollment dropped for the first time in four years as average monthly premiums rose 58 percent, with young adults among the most affected.