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Economic News

Fed’s Kashkari says inflation fight takes priority as labor market is 'in decent shape'

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27 May 2026
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Trump Administration Refunds More Than $20 Billion in Tariffs

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27 May 2026
More than $20 billion in tariffs has been refunded to importers and shippers, with billions more coming, after the Supreme Court struck down the cornerstone of President Donald Trump's trade policy earlier this year, according to a court filing.
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Adm. (Ret.) Roughead: The AI Race Is On - There's No Second Place

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27 May 2026
America's best AI minds lead in developing new models and applications, and Chinese developers are racing to close the gap. While new AI models might claim the headlines, AI dominance can only be assured by energy dominance.
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Pape: War Moves From Battlefield to Oil Prices

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27 May 2026
Robert Pape, one of America's leading scholars of strategic warfare and coercion, is warning that the Iran conflict may already be evolving into something far more consequential than a traditional military confrontation.According to Pape in his recent Substack column, the...
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Report: GOP Sens. Press Intel Chiefs on China AI Race

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27 May 2026
Two Republican senators are pressing the nation's top intelligence officials to sharpen their focus on China's artificial intelligence push, warning that the United States could lose its lead in a technology with mounting military and cyber implications.
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Nvidia to Invest $150 Billion a Year in Taiwan, AI 'Epicenter'

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27 May 2026
Nvidia's CEO said Wednesday the chip company plans to invest around $150 billion a year in Taiwan, terming it the "epicenter" of the AI revolution and predicting it will be the world's tech manufacturing hub for the foreseeable future.
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  1. New York Doubles Down on Costly Electric Buses
  2. Inflation Jitters Shake Consumer Confidence
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