Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
Prediction Markets Emerge as New Tool for Tracking Congressional Races
Kalshi launches midterms hub combining real-money trading odds with polling data and fundraising figures, raising questions about market influence on election forecasting.
Arson Charge Lodged Against Ex-Army Soldier in Fiery Attack on Manhattan Federal Building
The case remains in early stages, with court documents outlining the specific charges but details still emerging.
States Want to Bring Medicaid Behind Bars as Federal Changes Complicate Efforts
A wave of state legislation seeks to extend Medicaid coverage to incarcerated individuals, but recent federal policy shifts are creating new obstacles for these initiatives.
House Adopts Biggs Amendment to Cut Defense Budget If Pentagon Fails Audit
The Republican measure would trigger a 0.5% spending reduction for any Pentagon component that does not pass its audit, adopted via voice vote Tuesday.
Wisconsin Election Officials Warn Prediction Market Bettors Could Lose Voting Rights
The state Election Commission says residents who place bets on elections they participate in face legal consequences including potential loss of ballot casting rights.
Elite Universities Face Federal Scrutiny Over $27.6 Million From China-Linked Entities
The Education Department reports dozens of institutions received funds from foreign entities on federal watchlists, prompting warnings about potential grant restrictions.
Fox News Power Rankings: Voters Say They're in Economic Pain, but Will Democrats Gain?
A majority of Americans disapprove of President Trump's handling of the economy as Democrats seek to capitalize on voter discontent heading into the midterms.
Colombia's Petro Urges Supporters to Defend Reforms in Final Presidential Address
Outgoing left-wing president called for mass mobilization against incoming administration's planned labor law changes as he accused foreign powers of election interference.
Teamsters Push for Mexican Beer Tariffs as Union Cites Threat to U.S. Brewery Jobs
The International Brotherhood of Teamsters has filed formal recommendations with the USTR seeking up to 75% tariffs on imports like Modelo and Corona, arguing Mexico's industrial policies have unfairly advantaged its brewing sector.
Mamdani Embraces Democratic Socialist Identity While Insisting Wall Street Has Nothing to Fear
The NYC mayor argues his economic vision reflects FDR's New Deal roots even as he pushes for higher taxes on the city's wealthiest residents.