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Business Taxpayers Can Recover Certain Federal Taxes Paid on Fuels, IRS Guidance Says
The tax recovery regulation is part of the One Big Beautiful Bill Act signed by Trump last year.
Experts Sound Alarm as National Debt Tops GDP for First Time Since WWII
Debt held by the public has topped 100 percent of GDP as economists warn of rising fiscal risks despite a resilient growth backdrop.
US to Release up to 92.5 Million Barrels of Oil From Reserves
The release is structured as an ‘emergency exchange’ that oil companies must return later.
China-Based Entities Could Face Sweeping Restrictions Over AI Theft: Analysts
A White House memo accuses Chinese entities of ‘industrial-scale’ AI extraction, vowing to address the threat.
Trump Eyes Australia’s Super System for US Retirement Overhaul
Trump said the Australian system had a ‘couple of little glitches that we’ll get rid of.'
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Virginia Redistricting Spurs Move to ‘Make DC Square Again’
As a GOP congressman tries to restore the District of Columbia’s original borders, activists leading the long-shot campaign hope the president will act.
Financial Literacy Fuels the American Dream, Treasury Secretary Tells Students
Most states now require completion of a financial literacy course as a graduation requirement.
California Average Gas Price Tops $6 per Gallon: Report
Nationally, gas prices jumped by $0.27 to an average of $4.30 per gallon, AAA reported.
LATEST
Louisiana Democrats Protest House Primary Election Suspensions After Supreme Court Ruling
State Democrats say the process was not handled lawfully by the governor after ballots had already been cast.
Tariffs on Chinese Display Technology Could Cut US Military Dependence: Policy Group
A new report urges the Pentagon to examine supply chains more deeply, focusing on Chinese-made display cells used in phones, computers, and military systems.
Trump Says Agent Shot at Correspondents’ Dinner Was Not Hit by Friendly Fire
The federal agent was injured during an alleged assassination attempt at the White House Correspondents’ Dinner in Washington.
Trump Signs DHS Funding Bill, Ending Shutdown
The department had been partially shuttered for 76 days, resulting in long Transportation Security Administration lines at airports nationwide.
Senate Passes Rule Banning Members From Trading on Prediction Markets
The rule, which received unanimous approval, was designed to stop lawmakers and their staffers from insider trading.
DC Shooting Suspect Cole Allen Drops Bid for Release From Prison
Allen’s attorneys said he will no longer oppose his detention, for now.
US Charges Mexican Governor, Officials for Allegedly Aiding Sinaloa Cartel
They are alleged to have taken part in a conspiracy to export “massive amounts” of cocaine, heroin, methamphetamine, and fentanyl into the United States.
US Blocks 42 Vessels in Iran Blockade: CENTCOM
President Donald Trump said Tehran’s remaining missile sites could be targeted if negotiations fail.
Trump Suggests Beijing’s Help for Iran Is Limited
The standoff over the Strait of Hormuz tests Beijing’s balancing act, analysts say.
Day in Photos: Sailing in Poland, Israel–Lebanon Ceasefire, and Crime Scene in England
A glimpse into the world through the lens of photography.
Acting AG Blanche Denies Trump Directed James Comey Prosecution
‘This is something that has been investigated for nearly a year now,’ he said on Wednesday.
Banks Supporting Chinese Refineries to Buy Iranian Oil Risk Sanctions, US Warns
Oil sales to China generate tens of billions of dollars in revenue for the Iranian regime every year.
US, Allies Issue Joint Statement Backing Panama Against China’s Economic Pressure
The countries accused China of attempting to ‘politicize maritime trade and infringe on the sovereignty of the nations’ in the hemisphere.
