Welcome to The Hill’s Business & Economy newsletter {Beacon} Business & Economy Business & Economy The Big Story Trump acknowledged price hikes in May amid Iran war: ‘I like inflation’ President Trump told reporters on Wednesday that he “likes inflation” when asked about the increase in inflation in May. © AP “No, I like it…….
People’s payouts fall far short of the impressive $725 million fund. tiny. Source link
A new report on Wednesday showed inflation rose 4.2 percent in May, its highest level in three years, underscoring how hard the Iran war is hitting consumers. The Labor Department report is unwelcome news for President Trump and the GOP in an election year where affordability is a key issue. The Democrats were already… Source…
Senate Minority Leader Chuck Schumer (D-N.Y.) criticized the Trump administration over rising inflation rates, following the release of new data by the Labor Department. The consumer price index (CPI) has increased by 4.2 percent compared to last year and by 0.5 percent in May alone, the department said on Wednesday. “This morning’s inflation data confirms……
NASA Administrator Jared Isaacman on Wednesday defended the decision to use an all-male crew for the Artemis III mission. “I’ve seen reactions ranging from disappointment to outrage,” Isaacman wrote in a post on X in response to complaints about the lack of female astronauts on missions. “I have personally been to space twice with 50……
Senate Judiciary Chairman Chuck Grassley (R-Iowa) on Wednesday urged Agriculture Secretary Brooke Rollins to create a vaccine for New World screwworm after parasitic infections returned to the US for the first time in 60 years. Grassley said he talked to Rollins about developing a vaccine for screwworm months before the recent outbreak in Texas. ……
President Trump on Wednesday endorsed a third $350 billion reconciliation bill, urging Congress to “immediately” pass it along with the Save America Act. “I am hereby urging Republicans in Congress to move immediately and pass the upcoming $350 billion reconciliation bill (Recon 3.0) – which, at the request of our Department of the Great War……
Republican lawmakers continued their dominance at the annual congressional baseball game for charity in Nationals Park on Wednesday night, outclassing the Democrats and extending the club’s winning streak to six consecutive seasons. Behind the all-game performance, which included five strikeouts and nearly 100 pitches on the mound, from GOP Rep. Greg Steube (R-Fla.)… Source link
President Trump on Wednesday said he may not renew the free trade agreement between the US, Canada and Mexico, six years after he enacted it in his first term to replace the North American Free Trade Agreement (NAFTA). “Well, I don’t want to renew it,” Trump told reporters regarding the United States–Mexico–Canada Agreement. Source link
Welcome to The Hill’s Defense & NetSec newsletter {Beacon} Defense & National Security Defense & National Security Big Story Impact in Iran after Trump orders more strikes The U.S. military launched another round of strikes against Iran on Wednesday evening, less than an hour after Defense Secretary Pete Hegseth warned that upcoming attacks “will be…
