Imports and the trade deficit have ballooned in recent months, defying the Trump administration’s efforts to reduce it through tariffs.
Oct 6, 2026
Paramount officially closed its multi-billion-dollar deal to acquire fellow media giant Warner Brothers Discovery (WBD) on Tuesday, creating the largest provider in news, sports and entertainment offerings in the world. The deal hands control of WBD's sprawling movie and television studios, as well as its cable channels and news outlet CNN to billionaire media mogul...
Trade blockages in the Persian Gulf have reminded the world that there are forces as great as or greater than technology and globalization.
Oct 5, 2026
The open-source startup Reflection AI released its first open-weight model Monday, stating it rivals leading open technologies made in the U.S. and China. Reflection AI, which has the backing of tech giant Nvidia, said in a blog post Monday its Beam model is on par with some leading open-source models made in China, including Chinese...
The value of the euro slid on Monday to a 17-month low amid mounting government debt across Europe. As of mid-afternoon on the East Coast, one euro is worth roughly $1.12, after sinking below that threshold earlier in the day. The European currency hit its lowest point since May 2025, when it was roughly equivalent...
A major cryptocurrency super PAC is backing candidates in 32 House races with one month to go until the midterm elections. Fairshake is throwing its weight behind 13 Democrats and 19 Republicans, spokesperson Geoff Vetter confirmed to The Hill on Monday. The super PAC is spending $1 million each on six candidates — Reps. Janelle...
The Trump administration announced new amendments Monday to the hospital price transparency rules enacted during President Trump's first term, aimed at making pricing data more accessible and understandable for patients. The rule finalized by the Department of Health and Human Services (HHS), the Employee Benefits Security Administration and the IRS builds on the federal rule...
Several Supreme Court Justices appeared skeptical Monday of a request from oil companies to preemptively block a climate change lawsuit that could hold them liable for climate damages. Many of the justices raised questions about the court’s ability to even take up the case at this time. "A number of the discussions that you've had...
The Commodity Futures Trading Commission (CFTC) unveiled new proposals Monday for regulating cryptocurrency markets, after an effort to pass digital asset legislation through Congress came up short last month. The agency, one of two main financial regulators expected to oversee the industry, gave notice of its plans to move forward with rulemaking on both crypto...
The Supreme Court on Monday turned away a former Pennsylvania judge’s challenge to his suspension for making partisan Facebook posts, a dispute that touches on issues of free speech and judicial ethics. Pennsylvania’s judicial discipline board suspended then-Judge Mark Cohen in 2024 over dozens of posts praising Democrats, including former President Biden and Gov. Josh Shapiro (D), and his advocacy...