As the U.S. tries to rebuild its weapons stockpiles drained in the Iran war, it will need access to rare-earth minerals, an industry China dominates.
Category: United States Politics and Government
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Why the Bombing of Iran Tied the U.S. More Closely to China
The New York Times – Business: -
Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.
The New York Times – Business:Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.
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Tariff Refunds Begin to Reach Businesses as Trump Lashes Out at Court
The New York Times – Business:The government must return about $160 billion, plus interest, collected from duties deemed illegal and potentially more if it loses a related tariff case.
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What You Need to Know About the Federal Gas Tax
The New York Times – Business:President Trump said he would like to suspend the 18.4-cent-a-gallon tax, but it’s a move that may save drivers only a few dollars a month.
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Justice Dept. Officials Consider Settling Trump Suit Against I.R.S.
The New York Times – Business:One of the settlement terms under review is for the I.R.S. to drop any audits of the president, his family members and businesses.
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F.D.A. Commissioner Marty Makary Resigns After Weeks of Pressure
The New York Times – Business:The agency’s top food official will step in as acting commissioner, after Dr. Makary’s tumultuous run as the nation’s top food, drug, tobacco and medical device regulator.
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CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran
The New York Times – Business:The consumer price index increased X.X% in April from a year earlier as higher energy costs raised a range of prices for Americans.
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CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran
The New York Times – Business:The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
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Kennedy Is Driving a Vast Inquiry Into Vaccines, Despite His Public Silence
The New York Times – Business:Health Secretary Robert F. Kennedy Jr. has toned down his public criticism of vaccines, under orders from the White House. But inside his department, a sprawling research effort is a top priority.
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Trump Proposes Suspending Federal Gas Tax Until Prices Fall
The New York Times – Business:Congress would have to agree to any suspension, and dropping federal taxes would not make up for the steep increase in prices since the war began.