US Lawmakers Debate Manufacturing Revival vs Rising Consumer Costs
Senators and business leaders argue over tariffs, supply chains, and whether America can restore factory production without raising prices for consumers.
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Senators and business leaders argue over tariffs, supply chains, and whether America can restore factory production without raising prices for consumers.
Senate hearing reveals 11 million Americans face mounting strain caring for both children and aging parents, with unpaid caregiving costs exceeding $600 billion annually.
Kevin Warsh confirmed as Fed chair in a 54-45 party-line vote, succeeding Jerome Powell. He faces inflation and geopolitical tensions.
Stephen Colbert's late-night show ends May 21 after 11 seasons. Guest lineup includes Julia Louis-Dreyfus, Tom Hanks, and more.
First Lady Melania Trump highlights foster care reforms including a $32M fund, new online platform, and housing vouchers for youth transitioning out of care.
Pentagon leaders refuse to publicly disclose Iran battle damage assessments, sparking confrontation with senators over transparency in the ongoing conflict.
Democratic senators warn Trump administration risks prolonged Middle East conflict, citing rising costs and lack of strategy in Iran war.
First Lady Melania Trump will not accompany President Donald Trump to China. Trump departs with top officials and CEOs including Elon Musk and Tim Cook.
US consumer prices rose 0.6% in April, down from March's 0.9% jump, as energy costs cooled. Yearly inflation ticked up to 3.8%.
TSMC's Arizona fab generated $514M profit in its first full year, but faces water scarcity and labour shortages. Expansion plans include $100B additional investment.
Senator Lindsey Graham calls for a complete reevaluation of Pakistan's role as mediator after reports claim Islamabad allowed Iranian military aircraft to use its airfields.
President Trump will undergo routine dental and medical evaluations at Walter Reed on May 26, amid ongoing health scrutiny. He will also visit service members.
Bipartisan US senators push Trump to okay $14B Taiwan arms package ahead of Xi summit, warning delay could embolden Beijing and destabilize Indo-Pacific.
US lawmakers introduce bill to ban Chinese connected vehicles by 2027, citing national security, unfair trade, and slave labor accusations.
President Trump claims tariff threats forced countries to accept deported migrants, and reports a 60% drop in fentanyl smuggling at US borders.
President Trump mocked Democratic rivals and floated a Vance-Rubio "dream team" for 2028 at a White House dinner honoring law enforcement.
President Trump will visit Walter Reed on May 26 for his annual dental and medical evaluations, continuing routine preventive health care.
President Trump announces new fertility benefit option for employers and maternal healthcare initiative, including Moms.gov website and IVF access expansion.
Japan's Ibaraki Prefecture launches a reward program offering 10,000 yen for tips on businesses hiring illegal foreign workers to combat labor shortages and human rights violations.
Bipartisan US lawmakers introduce a bill to ban Chinese-linked vehicles, citing data collection, cybersecurity risks, and threats to national security.