News

With gavel in hand, Trump chisels away at the power of a compliant Congress
When House Speaker Mike Johnson gifted to President Donald Trump the gavel used to enact the Republicans' tax breaks and ...
What a GOP bill banning central digital currency means for consumer banking
A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic ...
What’s in the Republican bill cutting $9 billion from public broadcasting and foreign aid
The Republican-led Congress had passed President Donald Trump’s request to claw back about $9 billion in public broadcasting ...
Congress rolls back $9 billion in public media funding and foreign aid
The House approved a Trump administration plan to rescind $9 billion in previously allocated funds, including $1.1 billion ...
Some car buyers will get a tax break this year from the "big, beautiful bill." Here's how it works.
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
Senate advances bill with Vance’s help to slash $9 billion from budget
The rescissions bill to claw back funding approved for foreign aid, NPR and PBS is a top Trump priority, but some Senate ...
Congress sends bill clawing back $9B in foreign aid, public media funds to Trump’s desk
House Republicans late Thursday night approved the first batch of cuts made by the Department of Government Efficiency (DOGE), sending the $9 billion package to President Trump’s desk in a big ...
Weak dollar means worse tariff inflation
The steady decline of the dollar under President Donald Trump has led to a lot of hyperventilating about its role as the ...
KPBS15d
Why some see the dollar's drop as a sign America is losing its financial might
The dollar has just posted its worst first-half of a year since 1973. And now investors wonder — is it a sign that America is losing its financial standing?