(The Center Square) – The NCAA on Friday sued Ohio Gov. Mike DeWine in federal court after the governor issued an executive order earlier this week giving Ohio colleges and universities the option to expand the eligibility options for some student-athletes. “In June, the NCAA adopted a new eligibility model, giving all otherwise eligible student-athletes Read More…
WASHINGTON—American families saw modest gains in income and wealth between 2022 and 2025, but a growing share struggled to keep up with debt payments, according to a new Federal Reserve report examining the financial condition of U.S. households. The Federal Reserve Board released its 2025 Survey of Consumer Finances on Friday, providing a detailed look Read More…
WASHINGTON—The U.S. Treasury Department is stepping up scrutiny of religious charity networks that it says the Iranian government uses to divert donations, enrich regime officials and finance terrorist organizations. The Treasury Department’s Financial Crimes Enforcement Network, known as FinCEN, issued an alert under Operation Economic Outcast urging financial institutions to identify and report suspicious transactions Read More…
WASHINGTON—The Defense Department is expanding its investment in quantum computing with roughly $350 million in new initiatives, including a conditional $150 million loan commitment to PsiQuantum aimed at strengthening advanced manufacturing and prototyping in the United States. The effort is designed to accelerate development of quantum systems that could eventually support national-security missions in areas Read More…
The U.S. economy added 177,000 jobs in April, the Bureau of Labor Statistics reported Friday, surpassing Wall Street expectations and extending a run of stronger-than-forecast hiring that has characterized the labor market in early 2026. The headline number bested the consensus estimate among economists surveyed by Bloomberg, continuing what the White House described as a Read More…
(The Center Square) – Another international human smuggling ring exploiting lax Canadian border security and visa processes has been thwarted by U.S. officials. Mexican smuggling at the U.S.-Canada border isn’t new but during the Biden and Trudeau administrations, illegal activity increased to record levels that exploited weak Canadian border security and lax visa policies, The Read More…
A wave of new economic data is pointing to broad-based strength across the American economy, with improvements in housing, manufacturing, consumer confidence, and the labor market. Housing New residential construction surged last month to its highest level in more than a year, reflecting strong momentum in expanding housing supply. Home prices declined on an annual Read More…
A Pakistani national has pleaded guilty to operating an international human smuggling network that charged migrants as much as $40,000 each to be illegally transported into the United States, the Justice Department announced. Abbas Ali Haider, 49, of Sialkot, Pakistan, operated two fake Pakistan-based companies — Diamond TV World Productions and Multimedia Advertising Ltd. — Read More…
The Justice Department’s Civil Rights Division has launched investigations into 36 Illinois public school districts to determine whether they have included sexual orientation and gender ideology content in classes for grades pre-K through 12 and whether parents have been properly notified of their rights. The investigations will examine whether the school districts have notified parents Read More…
(The Center Square) – The U.S. national debt is now larger than the entire American economy and is only set to keep growing, further exacerbating the affordability crisis and risking national security. Out of the $39 trillion total national debt, debt held by the public hit $31.27 trillion on March 31, surpassing the $31.22 trillion Read More…
King Charles III and Queen Camilla visited Arlington National Cemetery on April 30 for a full honors wreath-laying ceremony at the Tomb of the Unknown Soldier, marked by a 21-gun salute. The ceremony came on the final day of their state visit to the United States, commemorating the 250th anniversary of American independence. The royal Read More…
The United States Department of Justice has filed a complaint challenging New Jersey laws that provide in-state tuition rates and financial assistance to illegal aliens, arguing the laws unconstitutionally discriminate against U.S. citizens and conflict with federal law. The complaint, filed in the District of New Jersey, names the State of New Jersey, the Higher Read More…
(The Center Square) – A federal appeals court on Friday temporarily halted a Biden-era rule that allowed individuals to receive the abortion pill mifepristone through the mail without a prescription from a doctor. A three-judge panel of the 5th U.S. Circuit Court of Appeals in New Orleans ruled that the state of Louisiana likely would win Read More…
The U.S. Department of the Treasury intensified its economic pressure campaign against Iran on Friday, sanctioning a major China-based refinery and dozens of shipping firms and vessels accused of helping move Iranian oil to global markets. The Treasury Department’s Office of Foreign Assets Control, or OFAC, said it imposed sanctions on Hengli Petrochemical (Dalian) Refinery Read More…
Jafar Tafakori allegedly charged some clients as much as $30,000 to arrange travel from South America through Mexico and into the United States A 57-year-old Iranian national was arrested in Colombia this week on federal charges that he ran a smuggling operation moving large numbers of migrants — primarily fellow Iranian citizens — illegally into Read More…
Mark Gordon has signed a finalized regulatory agreement between the Wyoming Department of Environmental Quality and the U.S. Nuclear Regulatory Commission, expanding Wyoming’s authority over certain nuclear source materials tied to rare earth and critical mineral development. State officials said the agreement, formally executed April 30, marks a major milestone in Wyoming’s effort to become Read More…
Daniel Perez Rojas, a former Mexican special forces soldier who rose to near the top of one of the country’s most violent cartels, faces up to life in prison A former high-ranking member of the Los Zetas cartel pleaded guilty to federal drug trafficking conspiracy charges, the Justice Department announced, marking a significant victory in Read More…
President Donald Trump has signed legislation reauthorizing two of the federal government’s flagship small-business research programs, clearing the way for a major Pentagon push to speed new technologies from startups and universities to the battlefield. The Small Business Innovation and Economic Security Act renews the Small Business Innovation Research Program and Small Business Technology Transfer Read More…
The term “K-shaped economy” arose after the COVID-19 pandemic to characterize the diverging economic paths of high-income Americans and everyone else. It became ubiquitous in 2025, one of the “biggest business buzzwords” of the year. Growing U.S. inequality in income and wealth is not a new phenomenon. But the recent K-shaped story is often told Read More…
(The Center Square) – An alleged attempt by a U.S. Army Special Forces soldier to profit from classified military intelligence on a prediction market platform has resulted in the first-ever insider trading case involving event contracts – a legal milestone that comes at a critical juncture for Polymarket and the broader prediction market industry. Federal Read More…
(The Center Square) – U.S. Attorney for D.C. Jeanine Pirro said Friday she is closing the Justice Department’s criminal investigation into Federal Reserve Chair Jerome Powell, days after a key hearing for his replacement. Pirro said she is referring the matter to the Fed’s own inspector general, the same watchdog Powell had formally asked to Read More…
The U.S. Department of the Treasury said Friday it plans to overhaul disclosure requirements for tax-exempt organizations, aiming to shed more light on how nonprofits receive and spend public money. Treasury announced that the Internal Revenue Service intends to revise Form 990, the annual information return filed by many nonprofits, to require clearer reporting on Read More…
President Donald Trump and First Lady Melania Trump will welcome King Charles III and Queen Camilla to Washington next week for a four-day state visit, marking the first official state visit of Trump’s second term. The April 27-30 visit is expected to highlight the longstanding alliance between the United States and the United Kingdom as Read More…
(The Center Square) — The Trump administration is investigating claims that New York City schools violated the civil rights of Jewish students by hosting seminars on Palestinian resistance. The U.S. Department of Education’s Office for Civil Rights announced Thursday that it has opened an investigation into the New York City Department of Education to determine Read More…
More than 8,000 kids showed up at the Pentagon today, with their parents in tow, to learn just exactly what their moms and dads do when they go to work every day. At the Pentagon, the event was billed as “Bring Your Child to Work Day,” and it’s the fourth time the War Department has Read More…
FORT BELVOIR, Va. – Two and a half centuries after the first shots of the American revolution were fired, the Army Reserve continues to embody the spirit of those original minutemen. Like their predecessors, Citizen Soldiers stand ready to answer the nation’s call — not as a force in reserve, but as a critical, integrated Read More…
The White House Office of National Drug Control Policy recognized personnel assigned to National Guard counterdrug programs for their support to 10 award-winning law enforcement investigations during a ceremony in Washington, April 2. The investigations were part of the High Intensity Drug Trafficking Area program, a White House-led effort that brings together federal, state, local Read More…
(The Center Square) – A new survey from the CQF Institute found 76% of finance professionals believe their academic training did not adequately prepare them for the artificial intelligence skills required in the workforce. The CQF Institute, a global quantitative finance membership organization based in London, reported 88% of quantitative finance professionals worldwide believe a Read More…
(The Center Square) – At a speed astronauts haven’t experienced since Apollo, Artemis II re-entered Earth’s atmosphere and splashed down near San Diego Friday evening, concluding a historic mission that took humans farther than ever. There were cheers everywhere, from the amphibious dock ship USS John P. Murtha, ready to pick up the astronauts and Read More…
Defense Secretary Pete Hegseth has signed a memorandum directing military installation commanders to permit service members to carry privately owned firearms while off duty on Department of War property within the United States, marking a significant shift in how the Pentagon approaches personal firearms on military bases. Hegseth announced the policy change in a social Read More…
(The Center Square) – A student at Torrey Pines High School in San Diego was suspended after posting a pro-Immigration and Customs Enforcement flyer reading, “We [heart] ICE – Real Americans,” following an anti-ICE walkout on campus, according to the Foundation for Individual Rights and Expression. Student-led anti-ICE walkouts have continued to rise nationwide. In Read More…
(The Center Square) – The White House proposes a dramatic increase in defense spending in fiscal 2027 while significantly reducing spending in other departments, according to its budget submission released Friday. The request comes as U.S. lawmakers still haven’t finished funding all federal agencies for the current fiscal year and are currently locked in a Read More…
President Donald Trump signed an executive order Thursday aimed at restoring what the White House described as order and stability to college athletics, directing federal agencies to use their oversight authority to enforce rules around player eligibility, transfers, and name, image and likeness compensation. The order instructs federal agencies to evaluate whether universities that violate Read More…
(The Center Square) – U.S. LNG exports hit record-high 11.7 million metric tons in March as new plants in Texas ramped up production while supply disruptions caused by the war in the Middle East drove global gas prices sharply higher, according to preliminary LSEG data. Asian benchmark LNG prices spiked above $22 per million Btu Read More…
(The Center Square) – Advocates are calling for justices on the U.S. Supreme Court to clarify federal laws regarding climate change lawsuits. The Maryland Supreme Court on Tuesday blocked a lawsuit from Baltimore, Annapolis and Anne Arundel County seeking large damages from fossil fuel companies. The government entities claimed the companies misled the public in Read More…
The White House on Thursday pointed to new Census Bureau estimates showing a sharp slowdown in international migration across the country, casting the data as evidence that President Donald Trump’s border and immigration policies are having a major impact. According to the U.S. Census Bureau, every metropolitan area in the country recorded lower immigration rates Read More…
President Donald Trump has signed a new executive order aimed at prohibiting what the administration describes as discriminatory diversity, equity, and inclusion (DEI) practices among federal contractors and subcontractors. The order requires federal contracts governed by the Federal Property and Administrative Services Act to include provisions banning contractors from engaging in racially discriminatory DEI activities. Read More…
The Financial Stability Oversight Council voted unanimously this week to release proposed interpretive guidance for public comment on how it designates nonbank financial companies as potential threats to U.S. financial stability. The proposal would restore several elements of the council’s 2019 framework while adding new provisions tied to economic growth, economic security, and transparency in Read More…
he White House has launched a new official mobile app aimed at giving Americans direct, real-time access to updates from President Donald Trump and his administration. According to the White House, the app is designed to provide users with breaking news alerts, live streams of speeches and briefings, a media library of videos and photos, Read More…
The U.S. Department of the Treasury announced plans to include President Donald Trump’s signature on future U.S. paper currency, marking what officials say will be the first time a sitting president’s signature appears on American banknotes. The change is being made in recognition of the nation’s upcoming 250th anniversary, also known as the Semiquincentennial, with Read More…
A federal appeals court has overturned a $16.1 billion judgment against Argentina tied to the nationalization of energy company YPF, delivering a major legal victory for the South American country and its government. The U.S. Court of Appeals for the Second Circuit on Friday reversed a 2023 ruling that had ordered Argentina to compensate former Read More…
Golfer Tiger Woods was arrested Friday after a rollover crash near his home on Jupiter Island, Florida, in what authorities said was his second DUI-related arrest and at least the fourth high-profile auto incident of his career. According to authorities, Woods showed signs of impairment after his Land Rover struck another vehicle and rolled over. Read More…
The Department of War announced a refined strategy this week designed to help the agency achieve a clean audit opinion by fiscal year 2028, marking what officials described as a significant step in strengthening financial accountability and reporting. The updated approach was outlined in a joint memo from the Office of the Under Secretary of Read More…
The Trump administration has announced a major restructuring of the federal student loan system, transferring management of defaulted student loans from the U.S. Department of Education to the Treasury Department in what supporters describe as a long-overdue effort to improve accountability, strengthen collections and reduce bureaucratic inefficiency. Under the new agreement unveiled Thursday, the Treasury Read More…