When a single cello can cost $1,000 and a tuba $9,000, tariffs are straining meager band and orchestra budgets.
Oct 8, 2026
President Trump will award the National Medal of Science to Elon Musk and other prominent tech executives Thursday, a White House official confirmed to The Hill’s broadcast partner, NewsNation. Musk, the head of SpaceX and Tesla, will receive this high honor at the White House’s “Science: A New Golden Age” summit. Three other tech leaders...
Oct 7, 2026
The majority of Federal Open Market Committee (FOMC) officials believed another rate hike was on the horizon this year, according to minutes from the panel’s last meeting the central bank released Wednesday. “With regard to the outlook for monetary policy beyond the current meeting, most participants assessed that another increase in the target range for...
The Trump administration will propose to loosen restrictions that rein in methane from oil and gas production, it announced Wednesday. The Environmental Protection Agency (EPA) said in a press release that in the coming days, it will propose changes to Biden-era regulations. It did not release a specific proposal but said it would make changes...
President Trump dismissed a question Wednesday about his administration sending money to Americans ahead of the midterms, choosing instead to tout his tariffs. “What we’re doing is we have tremendous growth. We have the greatest growth of any country, maybe ever in history,” the president said in the Oval Office, when the Independent’s Andrew Feinberg...
President Trump said Wednesday his administration’s new investment accounts for children will have a “huge effect” in reducing positive views of socialism and communism among young Americans. During an event in the Oval Office promoting the “Trump Accounts,” the president said children will be “watching their accounts” grow until gaining control over them upon turning...
Sen. Maria Cantwell (D-Wash.), the top Democrat on the Senate Commerce, Science and Transportation Committee, unveiled a framework Wednesday for regulating artificial intelligence amid growing pressure on lawmakers to address the technology's risks. Cantwell laid out a set of principles for how Congress and the executive branch should approach AI, arguing that to "manage risks...
Brian J. Visalli, a veteran investigator of tax fraud, said in a lawsuit that the agency had sent his personal and tax information to federal prosecutors.
Countries both rich and poor must take faster action to cut debt and counter growing inequality as their economies weather a triple whammy from the artificial intelligence boom, heavy borrowing and shocks from wars in the Middle East and Ukraine, the head of the IMF said Wednesday. “Some very tough political choices stare us in...
The 10- and 30-year U.S. Treasury bond yields hit 24-year highs during Wednesday morning trading, as the market sell-off persists. The 10-year note topped 5.36 percent earlier in the day, the highest mark since April 2002. That month, the 10-year bond yield reached a closing peak of 5.48 percent. The 30-year bond yield, meanwhile, exceeded...
Most U.S. voters want more safeguards on artificial intelligence and think the federal government has fallen short in confronting the powerful technology’s risks, according to a new poll. In a Reuters/Ipsos survey released Wednesday, 57 percent of respondents said they believe the Trump administration is not taking the risks posed by AI seriously enough, while...