Whitmer presses Trump administration on tariffs, grocery reimbursements

The Hill - Nov 10, 2026

Michigan Gov. Gretchen Whitmer (D) is pressing Treasury Secretary Scott Bessent and other Trump administration officials to end new tariffs and issue grocery reimbursements for Michigan residents being hit with rising prices. “The unpredictable federal tariff policy has left Michiganders with the highest tariff burden in the nation,” Whitmer wrote in a letter to Bessent....

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IRS reveals 2027 tax brackets, standard deductions: What to know

Nov 10, 2026

IRS reveals 2027 tax brackets, standard deductions: What to know

The changes are part of the IRS' annual inflation adjustments.

Appeals court limits Trump DOJ's access to journalists’ private chat logs

Nov 10, 2026

Appeals court limits Trump DOJ's access to journalists’ private chat logs

A federal appeals court's three-judge panel unanimously limited Tuesday the Trump administration's broad access to journalists' LinkedIn records as part of a national security leak investigation, suggesting it could impart a "damaging blow" to First Amendment rights. The ruling, written by Judge J. Harvie Wilkinson, a Reagan appointee, stated the Justice Department's (DOJ) attempt to...

Data Show Households Still Managing to Meet Their Monthly Debts

Nov 10, 2026

Data Show Households Still Managing to Meet Their Monthly Debts

The New York Fed detailed general steadiness in debt payments for autos, student loans and mortgages.

Exxon moves toward return to Venezuela

Nov 10, 2026

Exxon moves toward return to Venezuela

Oil giant ExxonMobil has taken a major step toward returning to Venezuela to produce oil. The firm has signed a memorandum of understanding with the South American nation to evaluate opportunities for drilling there. “We welcome the opportunity to evaluate potential upstream opportunities with the Venezuelan government and PDVSA,” said a spokesperson for the firm,...

Anthropic seeks valuation of up to $1.4 trillion for IPO

Nov 10, 2026

Anthropic seeks valuation of up to $1.4 trillion for IPO

Anthropic is seeking a valuation of up to $1.4 trillion for its blockbuster initial public offering (IPO) expected later this month. In a new filing with the Securities and Exchange Commission (SEC), Anthropic said it is planning to sell 825 million shares between $70 and $78 a share. If the company lists shares at the...

Anthropic seeks valuation of up to $1.4 trillion for IPO

Nov 10, 2026

Anthropic seeks valuation of up to $1.4 trillion for IPO

Anthropic is seeking a valuation of up to $1.4 trillion for its blockbuster initial public offering (IPO) expected later this month. In a new filing with the Securities and Exchange Commission (SEC), Anthropic said it is planning to sell 825 million shares between $70 and $78 a share. If the company lists shares at the...

Average cost of gas drops to less than $4 per gallon for first time since July

Nov 10, 2026

Average cost of gas drops to less than $4 per gallon for first time since July

The national average for the cost of gas dropped to less than $4 per gallon on Tuesday for the first time since July, as prices soared in the months following the start of the Iran war. According to AAA, the average price of gas hit $3.98 per gallon, the first time in 114 days that...

Jeffries pushes tighter China chip restrictions amid Nvidia CEO scandal

Nov 10, 2026

Jeffries pushes tighter China chip restrictions amid Nvidia CEO scandal

House Minority Leader Hakeem Jeffries (D-N.Y.) backed an effort Monday to pass new restrictions on China's access to advanced AI chips through an annual defense bill amid a scandal over Nvidia CEO Jensen Huang's relationship with an alleged Chinese spy. Jeffries, who could become Speaker in the next Congress, said he "strongly supports" chip restrictions...

Jeffries pushes tighter China chip restrictions amid Nvidia CEO scandal

Nov 10, 2026

Jeffries pushes tighter China chip restrictions amid Nvidia CEO scandal

House Minority Leader Hakeem Jeffries (D-N.Y.) backed an effort Monday to pass new restrictions on China's access to advanced AI chips through an annual defense bill amid a scandal over Nvidia CEO Jensen Huang's relationship with an alleged Chinese spy. Jeffries, who could become Speaker in the next Congress, said he "strongly supports" chip restrictions...

Prices rose slightly in October: BLS

Nov 10, 2026

Prices rose slightly in October: BLS

Prices increased slightly from September to October, new data from the Bureau of Labor Statistics (BLS) showed Tuesday. The consumer price index (CPI) increased 0.4 percent from September to October. But the BLS was unable to provide data on where overall prices stood relative to October 2025 because of the record-long government shutdown that...

5 takeaways from Trump's surprise White House briefing

Nov 10, 2026

5 takeaways from Trump's surprise White House briefing

President Trump carried out a surprise press briefing at the White House on Monday, teasing reporters with an appearance by UFC head Dana White — to whom he offered the job as press secretary — and providing a combative response to the GOP’s stunning defeat in the midterm elections. The president took a wide range...

Senate advances bipartisan permitting reform bill, teeing up passage

Nov 9, 2026

Senate advances bipartisan permitting reform bill, teeing up passage

The Senate voted Monday to advance a major bipartisan bill that aims to speed up the construction of energy and other infrastructure projects — clearing a key hurdle toward the measure becoming law. The vote was 73-25, teeing up likely Senate passage in the weeks ahead. Sen. Mike Rounds (S.D.) was the only GOP no...

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