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Economic News

Trump: $1T Spent on Military This Year

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13 February 2026
President Donald Trump on Friday told troops at Fort Bragg, North Carolina, that $1 trillion is being spent on the military this year and that amount will increase next year.
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Giuliani to Newsmax: Mamdani 'Lying' About NYC Deficit

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13 February 2026
Former New York City Mayor Rudy Giuliani on Thursday sharply criticized Mayor Zohran Mamdani's handling of the city budget, accusing him of misrepresenting the size of the deficit and lacking the experience to manage municipal finances.
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Trump Buries Obama's Climate Policy

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13 February 2026
The Beginning of the End for the CO₂ Regime
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Bessent: Warsh Fed Hearings to Proceed Amid Nomination Hold

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13 February 2026
The Senate Banking Committee will proceed with confirmation hearings for Kevin Warsh, President Donald Trump's pick to head the Federal Reserve, despite a key senator's hold on the nomination, Treasury Secretary Scott Bessent said on Friday.
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Consumer prices rose 2.4% annually in January, less than expected

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13 February 2026
The consumer price index was expected to increase 2.5% from a year ago in January, according to the Dow Jones consensus.
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Inflation Slows to 2.4% on Lower Gas, Housing Costs

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13 February 2026
U.S. consumer prices increased less than expected in January, but underlying inflation firmed as businesses raised prices at the start of the year, which together with a stabilizing labor market could allow the Federal Reserve to keep interest rates unchanged for a...
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More Articles …

  1. Trump to Scale Back Tariffs on Steel, Aluminum Goods
  2. Navarro to Newsmax: EPA Climate Rollback 'Big Deal'
  3. The January CPI inflation report is due out Friday morning. Here's what it's expected to show
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