IndyCar pushed again on latest Division of Homeland Safety (DHS) use of racing imagery in reference to a state partnership to accommodate detained migrants in Indiana. “We were unaware of plans to incorporate our imagery as part of yesterday’s announcement. Consistent with our approach to public policy and political issues, we are communicating our preference that our [intellectual property] not be utilized moving forward in relation to this matter,” IndyCar stated in an emailed assertion to...

Former Home Speaker Paul Ryan (R-Wis.) is predicting additional disruptions to President Trump’s wide-ranging tariff regime, with penalties for monetary markets. He stated Wednesday that Trump’s emergency tariff authority, which is the authorized foundation for Trump’s country-specific “reciprocal” tariffs which can be set to enter impact Thursday, is more likely to be struck down by the Supreme Courtroom. An appeals courtroom is reviewing that authority, which Trump invoked by means of the...

President Trump on Wednesday introduced he would improve tariffs on India by 25 p.c over its purchases of Russian oil, bringing the full tariffs he has imposed on New Delhi to 50 p.c. Trump signed an govt order making the tariff improve official, although it doesn’t go into impact for one more three weeks. The 25 p.c improve is on prime of a 25 p.c “reciprocal” tariff Trump introduced on India final week, which is about to take impact Thursday. Trump earlier this week...

President Trump’s tax and spending megabill may pace up insolvency for Social Safety’s belief funds, based on an evaluation from the Trump administration’s chief actuary for this system. The Workplace of the Chief Actuary (OACT) on the Social Safety Administration (SSA) launched an evaluation this week of the regulation’s potential results on this system’s funds in response to a request from Sen. Ron Wyden (Ore.), the highest Democrat on the Senate Finance Committee. The report...

The U.S. Authorities Accountability Workplace (GAO) mentioned this week that so-called pocket rescissions, a controversial maneuver that President Trump’s price range workplace is contemplating to scale back spending, are usually not authorized, probably throwing a wrench into the administration’s plans. A pocket rescission happens when the president asks Congress to cancel already permitted funding near the tip of the fiscal yr, placing a maintain on the cash so it is unlikely to ever be...

PIGEON FORGE, Tenn. (WATE) — As Dollywood continues to welcome guests for its fortieth 12 months of operation, the Pigeon Forge-based theme park has as soon as once more been acknowledged as probably the most common theme parks on the earth. Tripadvisor officers named Dollywood the primary theme park within the U.S. as a part of its 2025 Vacationers’ Alternative Better of the Finest Awards. This marks the third time within the final 4 years that the park has garnered the highest spot....

President Trump is searching for to advertise U.S. power in his commerce negotiations, however bulletins about agreements to this point have been mild on particulars, and precise outcomes are largely mysterious. Not too long ago, the Trump administration and the European Union introduced a commerce deal underneath which the EU will purchase “$750 billion in U.S. energy” by 2028.  An EU webpage mentioned the deal “includes the intention to procure more US liquified natural gas (LNG), oil, and...

Rifts are rising between Republicans over tips on how to method subsequent month’s authorities funding battle, with some pushing for leaders to attempt to go new full-year spending plans and others already expressing openness to a different funding patch if it means much less spending. When lawmakers return from their monthlong recess in September, they’ll have simply weeks earlier than an end-of-month deadline to maintain the federal government funded or threat a shutdown. Lawmakers...

Rep. Don Bacon (Neb.), a average Republican, mentioned he’s involved in regards to the U.S. financial system, noting his state noticed a 6 p.c annual drop in actual gross home product (GDP) within the first quarter of 2025. In an interview with CNN’s Phil Mattingly, Bacon pointed to the current jobs knowledge and the most recent spherical of tariffs as purpose for his pessimism in regards to the financial system. “From my vantage point here in Nebraska, we’re seeing a bit of a troubled...

Financial exercise within the providers sector fell again modestly in July as companies held off on making purchases amid coverage uncertainties. The Institute for Provide Administration’s buying supervisor’s index dropped 0.7 % from June to succeed in a sequence stage of fifty.1 % in July, simply barely above the break-even stage of fifty %, beneath which exercise can be shrinking. Institute chair Steve Miller stated the report displays “slow growth” in providers, which incorporates...

Former United Nations Ambassador Nikki Haley questioned President Trump’s commerce strikes with China and India on Tuesday, warning the U.S. should not “burn” its relationship with India. “India should not be buying oil from Russia. But China, an adversary and the number one buyer of Russian and Iranian oil, got a 90-day tariff pause,” Haley wrote in a publish on the social platform X.  “Don’t give China a pass and burn a relationship with a strong ally like India,” she added....

Larry Kudlow, a number one host on Fox Information and a former director of the Nationwide Financial Council throughout President Trump’s first time period, slammed one of many nation’s largest banks after the president alleged it turned away his enterprise after he left the White Home in 2020. “Now the banks will let you know — and I’ve talked to all of the senior folks there — that the regulators pressured them due to Jan. 6, due to felony prices made in opposition to him in...

(NewsNation) — Residence sellers have been more and more yanking their houses off the market as a substitute of agreeing to decrease costs as would-be consumers push again on larger house prices. After 5 years of a sizzling housing market, demand has cooled down as a result of consumers cannot bear larger costs amid persistent excessive rates of interest, and so they’re fed up with the asking costs. Sellers delisting their houses Sellers, consequently, do not need to take these...

India fired again at america after President Trump pledged to extend tariffs on New Delhi over the nation’s buy of Russian oil. In an announcement Monday, India’s Ministry of Exterior Affairs (MEA) mentioned the acquisition of Russian oil is a “necessity” to “ensure predictable and affordable energy costs” and was as soon as “encouraged” by the U.S. “for strengthening global energy markets stability.” The MEA spokesperson additional steered the West is being hypocritical, pointing to...

President Trump mentioned banks have turned him away and revived allegations of discrimination towards his supporters by giant banks whereas previewing a brand new government order to punish these corporations. The president was requested in an interview with CNBC on Tuesday about The Wall Road Journal’s reporting on a brand new government order, which might direct financial institution regulators to analyze monetary establishments for violations of the Equal Credit score Alternative...

Dad and mom have been scared into early back-to-school procuring as fears of tariffs and rising costs trigger a document spike in associated July purchases.   Latest surveys discovered most dad and mom predict to pay extra in back-to-school prices this 12 months, and round half blame President Trump’s commerce wars for the spike.  A Nationwide Retail Basis (NRF) survey discovered 67 % of back-to-school buyers have been already hitting shops earlier than mid-July, up from 55 % final...