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The Trump administration announced on Friday it was issuing a 90-day extension to the Jones Act waiver, which requires shipping between U.S. ports to be conducted by American ships, in an effort to lower fuel prices. “New data compiled since the initial waiver was issued revealed that significantly more supplyread more
Published on: 2026-04-24
Source: The Hill
The decision to end the investigation into Jerome H. Powell’s handling of the Federal Reserve’s renovation will allow Kevin M. Warsh, President Trump’s pick for Fed chair, to win confirmationread more
Published on: 2026-04-24
Source: The New York Times – Business
Defense Secretary Pete Hegseth on Friday let reporters with entertainment channel TMZ ask two questions during a press briefing focused on “Operation Epic Fury,” the U.S. military operation in Iran. Hegseth started Friday’s press conference praising the timeline in which “Operation Epic Fury” has been carried out, which he saidread more
Published on: 2026-04-24
Source: The Hill
Meta informed staff this week it will cut 10 percent of workers as it invests billions into artificial intelligence products. The memo, sent Thursday by Meta’s Chief People Office Janelle Gale, said the cut will take place on May 20, and 6,000 open roles will be closed. The memo wasread more
Published on: 2026-04-24
Source: The Hill
Qualcomm is the worst-performing member of the Philadelphia Semiconductor Index year to date.read more
Published on: 2026-04-24
Source: Sherwood News
President Trump’s nominee to become the next chair of the Federal Reserve wants to overhaul the central bank, including its more than $6 trillion balance sheet.read more
Published on: 2026-04-24
Source: The New York Times – Business
