The Hill

The Hill

Parents hit back-to-school shopping with eye on Trump tariffs

Parents have been scared into early back-to-school shopping as fears of tariffs and rising prices cause a record spike in related July purchases.   Recent surveys found most parents are expecting to pay more in back-to-school costs this year, and around half blame President Trump’s trade wars for the spike.  A National Retail Foundation (NRF)…

The Hill

Massive AI spending shows early payoff for Big Tech 

The billions of dollars Big Tech has poured into artificial intelligence (AI) development seems to be paying off as companies show they can produce results, earning Wall Street’s stamp of approval for now.  After months of questions about whether major tech firms were overshooting AI spending, Google, Microsoft and Meta are taking a victory lap…

The Hill

Early GOP rift emerges as Congress braces for shutdown fight

Rifts are emerging between Republicans over how to approach next month’s government funding fight, with some pushing for leaders to try to pass new full-year spending plans and others already expressing openness to another funding patch if it means less spending. When lawmakers return from their monthlong recess in September, they’ll have just weeks before…

The Hill

Republicans fear Trump tariffs are cutting into economy

Republicans on Capitol Hill are feeling jittery about the economy after the latest jobs report showed the economy added far fewer jobs than previously estimated over the past three months. President Trump and his economic team insist that the economy is going strong and poised for significant growth, but their bullish projections are meeting skepticism…

The Hill

Trump’s labor statistics shakeup sparks anxiety over future economic data

President Trump’s firing of the Bureau of Labor Statistics (BLS) commissioner is raising concerns about whether her replacement could manipulate job numbers to work in his favor. The traditionally nonpartisan commissioner role, usually held by career professionals who span multiple administrations, has given all presidents bad news in recent years. But Trump’s firing of Erika McEntarfer, a…

The Hill

Facing facts about Trump and the jobs numbers

In announcing the firing of the government’s chief labor statistician last week, President Trump condemned the works of Erika McEntarfer as “phony.” McEntarfer was just the 16th commissioner of the U.S. Bureau of Labor Statistics since the position was created by Congress in 1884 to keep track of unemployment during an ongoing depression of a…

The Hill

Trump hones in on energy in trade talks, but specifics are scarce

President Trump is seeking to promote U.S. energy in his trade negotiations, but announcements about agreements so far have been light on details, and actual outcomes are largely mysterious. Recently, the Trump administration and the European Union announced a trade deal under which the EU will buy “$750 billion in U.S. energy” by 2028.  An EU webpage said that the deal…

Scroll to Top