Treasury secretary said that growing the economy faster is more important than ’the potential growth of the debt.’ Treasury Secretary Scott Bessent said on May 18 that he is not worried about Moody’s recent downgrade of the United States’ Aaa credit rating to Aa1, and defended President Donald Trump’s tariffs and his sweeping tax-cut bill.
The average nationwide summer monthly bill is expected to hit $186, up 3.7 percent from last summer. Retail electricity prices, which have risen faster than the inflation rate since 2022, are expected to continue increasing this year and next, the Energy Information Administration (EIA) said in a May 14 statement. Residential electricity prices are forecast
Belated congratulations to the former cardinal Robert Prevost on becoming the first American pope, Leo XIV. Considered a long shot, His Holiness benefited from a little-known Vatican affirmative action plan aimed at his minority group—White Sox fans. Speaking of affirmative action, Jason Riley is out with a new book, The Affirmative Action Myth: Why Blacks Don’t Need Racial Preferences
The Trump administration has imposed, paused, or floated tariffs on various countries and products. Keep track of them here. President Trump holds a signed executive order on reciprocal tariffs in the Rose Garden at the White House on April 2, 2025. Saul Loeb/AFP via Getty Images By Epoch Times Staff | May 18, 2025Updated:May 18,
Critical equipment failures at Newark Liberty International Airport in New Jersey have caused air traffic controllers to lose contact with planes in three separate incidents over the past several weeks, causing hundreds of flight delays and cancellations and leaving passengers on edge. Issues leading to the communication blackouts include prolonged staffing shortages, aging technology and
Critical equipment failures at Newark Liberty International Airport in New Jersey have caused air traffic controllers to lose contact with planes in three separate incidents over the past several weeks, causing hundreds of flight delays and cancellations and leaving passengers on edge. Issues leading to the communication blackouts include prolonged staffing shortages, aging technology and
Without question, Jason Riley is one of the most prominent black journalists in the United States, rightly known for his weekly columns in the Wall Street Journal. On a consistent basis, he shrewdly dissects the nostrums of many authors, both black and white, who assert that the road to a successful future in race relations