President Trump is half-heartedlyfloating the idea of raising taxes on rich people, creating a new tax bracket for those individuals earning more than $2.5. million.
Why it matters: This isn't as meaningful as it looks — the few high-income people it affects won't likely feel too much pain from the proposal, and other tax cuts under consideration would help offset any increase for them.
A trio of Republican senators came to the defense of their Democratic colleague John Fetterman on Friday, accusing the media of a smear campaign.
Why it matters: It's unusual to see this level of public defense for a member of the opposing party. But the GOP's distrust and distaste of the media is superseding political differences.
The Vogtle Electric Generating Plant — "Plant Vogtle" — in Waynesboro, Georgia has the first new nuclear reactors built in the U.S. in over 30 years.
What you need to know: Plant Vogtle, one of three nuclear facilities in Southern Company's energy portfolio, is the largest generator of carbon-free nuclear energy in the United States.
The hottest trend in Colorado schools right now is actually hot.
The latest: Colorado schools are warning of a new TikTok craze in which students try to set their school-issued Chromebooks on fire by sticking metal or pencils into the charging port.
The U.S. and China have been trading jabs and flexing ahead of this weekend’s trade talks.
But with the fates of businesses, consumer products, and jobs hanging in the balance, the two global superpowers are locked in the world’s most expensive game of chicken.
Why it matters: The pain that has already reverberated from the sky-high tariff rates between the world’s two largest economies won’t fade quickly — even if they broker a deal this weekend.
President Trump on Friday suggested possibly cutting tariffs on China to 80%, ahead of trade talks in Switzerland scheduled for Saturday.
Why it matters: Reducing the 145% levy to80% would still be higher than Trump's original reciprocal tariff on China, and also significantly more than early reports suggested was possible.
The number of people with full-time equivalent jobs as digital creators in the U.S. jumped from 200,000 in 2020 to 1.5 million in 2024, according to a new report.
Why it matters: Creators are now the largest and fastest-growing segment of the 28.4 million internet-dependent jobs in the U.S.
President Trump's cash-flush political operation is out with its first ad buy — a major nationwide purchase aimed at pushing lawmakers to get behind his economic agenda.
Why it matters: Trump's $500 million-plus political machine is the most powerful force in American politics, and he's showing that he's willing to use it.
A week ago, the GENIUS Act looked set to sail through the Senate with bipartisan support for regulating stablecoins. On Thursday, it stalled out — and the blame game is in full force.
Why it matters: Everyone will try to claim victory from this failure. They may all be right.
First lady Melania Trump paid tribute to former first lady Barbara Bush during a U.S. Postal Service stamp unveiling ceremony honoring President H.W. Bush's wife.
The big picture: Former President George W. Bush, whom the Washington Post notes never endorsed Trump during the Republican leader's presidential campaigns, was notably absent from the ceremony. However, her daughter, Dorothy Bush Koch, gave a speech at the event.
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