U.S. Economy

Hawaii tapping outside investigator as wildfire response scrutiny grows

Hawaii will hire an independent investigator to look into how state and local agencies responded to catastrophic wildfires that have…

Treasury sanctions Russian FSB operatives in 2020 poisoning of opposition leader Alexei Navalny

WASHINGTON — The U.S. Department of the Treasury on Thursday issued new sanctions against Russian security operatives for the 2020…

China’s economic model is ‘washed up on the beach,’ says veteran investor David Roche

China’s economic model is “washed up on the beach” and “not going to take off again,” which will have a…

Inflation Reduction Act spurs $500 billion in investments — and much is going to underserved communities, Treasury says

WASHINGTON — The Treasury Department on Wednesday announced that billions of dollars slated for investments in clean energy, electric vehicles…

Biden takes a victory lap one year after signing Inflation Reduction Act

WASHINGTON — President Joe Biden celebrated the one year anniversary of the signing of the Inflation Reduction Act, arguing that the…

CFPB to crack down on data brokers, Chopra says at White House event

WASHINGTON — The White House on Tuesday held a roundtable examining potentially harmful data broker practices, part of an administration…

Yellen says the U.S. economy is on track for stable growth thanks to Inflation Reduction Act boost

WASHINGTON — Treasury Secretary Janet Yellen on Monday said the Inflation Reduction Act, the 2022 law that spurred major investments…

Death toll from Hawaii wildfires will rise as search teams comb Lahaina wreckage, governor says

The death toll, now at 96, from catastrophic wildfires in Hawaii is expected to rise significantly in the coming days…

House Republicans are furious about Hunter Biden special counsel

WASHINGTON — After more than two years of demanding that the Justice Department appoint a special counsel to investigate Hunter…

Trump-appointee David Weiss named special counsel in Hunter Biden probe as DOJ calls for trial

WASHINGTON — U.S. Attorney General Merrick Garland announced on Friday that David Weiss, the federal prosecutor in Delaware who has led the criminal…