Category: Business & Economy
Bill Gates embroiled in Epstein backlash
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Bill Gates needs to answer Epstein claims, ex-wife says Melinda French Gates, the ex-wife of Microsoft co-founder Bill Gates, said Tuesday that he needs to answer for the allegations made against him in a newly released…
Fed holds firm
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed keeps rates unchanged The Federal Reserve declined to cut interest rates Wednesday, holding steady amid President Trump’s battle to exert more influence over the independent central bank. © AP The Federal Open Market Committee (FOMC)…
Shooting backlash raises shutdown risks
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Shutdown odds rise amid shooting backlash A second high-profile killing by a federal agent in Minneapolis has jeopardized the chances of Congress averting a partial government shutdown as Democrats come out en masse against the funding…
Trump backs down on Greenland
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump to ice new tariffs after Greenland truce President Trump said Wednesday that he’s reached the framework of a deal with NATO on the future of Greenland and will not impose tariffs he previously threatened on…
Trump backs down on Greenland
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump to ice new tariffs after Greenland truce President Trump said Wednesday that he’s reached the framework of a deal with NATO on the future of Greenland and will not impose tariffs he previously threatened on…
The Fed Hall of Fame
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell ‘first-ballot hall of fame Fed chair:’ Goolsbee Chicago Federal Reserve Bank President Austan Goolsbee praised Federal Reserve Chair Jerome Powell amid the investigation into the central bank’s renovation. © AP “I consider Chair Powell to…
Costco sues for tariff refund
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Costco sues Trump for reimbursement of tariffs The wholesale giant filed a recent lawsuit seeking a full refund if the Supreme Court strikes down the bulk of President Trump’s tariffs. © AP Costco joined dozens of…
Trump touts economy: ‘You’re so damn lucky’
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump touts economy at McDonald’s conference President Trump told attendees at the McDonald’s Impact Summit on Monday that they are “so damn lucky” he won the 2024 presidential election, arguing the economy would have been a…
Senate votes to scrap Brazil tariffs
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story 5 GOP senators help pass bill to strike Trump’s Brazil tariffs The Senate voted 52 to 48 to pass the resolution sponsored by Sens. Tim Kaine (D-Va.) and Rand Paul (R-Ky.) to terminate President Trump’s 50-percent…
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