WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is asking an inspector general to review the cost of the central bank’s building renovations that White House officials have attacked as “ostentatious.” The Fed has been renovating two of its office buildings in Washington for several years at a current cost estimate of about $2.5 billion,…… MORE
US Manufacturers Are Stuck In A Rut Despite Subsidies From Biden And Protection From Trump
WASHINGTON (AP) — Democratic President Joe Biden handed out subsidies to chipmakers and electric vehicle manufacturers. Republican President Donald Trump is building a wall of import taxes – tariffs – around the U.S. economy to protect domestic industry from foreign competition. But American manufacturing has been stuck in a rut anyway. Biden’s subsidies haven’t had…… MORE
Tesla’s Autopilot System Is In The Spotlight At A Miami Trial Over A Student Killed While Stargazing
NEW YORK (AP) — A federal court in Miami began considering Monday whether Elon Musk’s car company should share blame for the death of a stargazing university student after a runaway Tesla sent her flying 75 feet through the air and severely injured her boyfriend. The jury trial is a rare one for Tesla and…… MORE
Bitcoin Soars To New All-Time High As US Lawmakers Focus On Pro-Crypto Legislation
Bitcoin has hit a new all-time high, surpassing $123,000 on Monday. This marks a sharp rise from $108,000 just a week ago. The cryptocurrency now ranks as the fifth most valuable asset class globally, with a market cap of $2.4 trillion, even surpassing Amazon. The surge comes as U.S. lawmakers focus on passing pro-crypto legislation…… MORE
A Senate Vote This Week Will Test The Popularity Of DOGE Spending Cuts
WASHINGTON (AP) — Senate Republicans are putting the popularity of Department of Government Efficiency spending cuts to the test this week. The GOP lawmakers are looking to pass President Donald Trump’s request to claw back $9.4 billion in spending on public media and foreign aid. Senate Democrats are looking to kill the measure. The House…… MORE
Senate Democrats Say Trump’s Policies Are Hurting America’s Ability To Compete With China
WASHINGTON (AP) — Senate Democrats say President Donald Trump’s policies are weakening America’s ability to compete with China. In a report released Monday, they criticize foreign aid cuts, tariffs on allies and restrictions on foreign students. They argue such moves undermine U.S. influence and allow China to expand its global power. The White House says…… MORE
US Imposes A 17% Duty On Fresh Mexican Tomatoes In Hopes Of Boosting Domestic Production
The U.S. government says it’s placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff. Proponents said the import tax announced Monday will help rebuild the shrinking U.S. tomato industry. Mexico currently supplies around 70% of U.S. tomato market, up from 30% two decades ago, according…… MORE
US Ice Cream Makers Say They’ll Stop Using Artificial Dyes By 2028
Dozens of ice cream makers pledged on Monday to remove artificial dyes from their products by 2028. The move is the latest voluntary effort by U.S. food manufacturers to heed calls from the Trump administration to remove synthetic dyes over potential health concerns. About 40 makers of ice cream and frozen dairy desserts said they…… MORE
President Trump Threatens to Sanction Russia into Peace
(WBAP/KLIF) — Fox News — President Donald Trump on Monday confirmed that the U.S. has agreed to sell arms to NATO just moments after he said Russian President Vladimir Putin has 50 days to secure a peace deal with Ukraine or face “100%” tariffs. NATO Secretary-General Mark Rutte said Trump called him on Thursday to…… MORE
DFW’s Morning News-Movies, Money for Flood Victims, and Hoops
DFW’s Morning News goes to the box offices, learn.s about a country star’s effort to raise money for flood victims, and speaks with the Dallas Wings CEO… MORE
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