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Retail sales slumped 0.9% in January, down much more than expected

Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday….

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Trump so far has freed 11 hostages in his first month as president; Biden released around 70 in four years

President Donald Trump’s administration has secured the release of 11 U.S. hostages held by foreign governments since taking office less than one…

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Blue state AGs accuse Vance of spreading ‘dangerous lie’ following VP’s online criticism of judges

Blue state attorneys general accused Vice President JD Vance of attempting to spread a ‘dangerous lie’ after he criticized judges blocking President…

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Federal judge delays unions’ request to block DOGE access to agency information

A federal judge on Friday indefinitely delayed a final ruling on a request by labor unions to block Elon Musk’s government efficiency…

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Judge extends order blocking Musk’s DOGE team from Treasury payment system

A federal judge on Friday extended a temporary order that blocks Elon Musk’s Department of Government Efficiency (DOGE) team from accessing payment…

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Here’s what happened during President Donald Trump’s 4th week in office

President Donald Trump and his administration forged ahead with its foreign policy priorities in meetings and calls with heads of state and…

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Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…

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Investing

Tariffs would be ‘catastrophic’ for sales of tequila and mezcal, industry group says

The U.S. spirits industry maintained its market share leadership over beer and wine for a third straight year in 2024, even as…

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Investing

How America’s chief consumer-protection agency came into the Trump administration’s crosshairs

When the Consumer Financial Protection Bureau made an appearance in the Heritage Foundation’s Project 2025 blueprint, the conservative group’s plan was simple:…

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Investing

With Trump all-in on crypto, bitcoin bulls bet America’s corporate balance sheets are next

Last week, White House crypto czar David Sacks held his first press conference to discuss the future of crypto policy coming out…

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