Government And Institutions

Healthcare technology company Philips announced that it is investing more than $150 million in U.S. manufacturing and research and development facilities.

Treasury Secretary Scott Bessent defended releasing monthly jobs reports amid accuracy concerns, emphasizing the need for improved data collection rather than pausing monthly releases.

A billionaire's trust purchased the 30-acre Martha's Vineyard property Blue Heron Farm for $37 million, where President Obama and his family spent summer vacations

Bureau of Labor Statistics faces scrutiny over data collection methods following disappointing July jobs report that missed economist estimates by 37,000 positions.

FTC reaches $145 million settlement with Assurance IQ and MediaAlpha over allegations of misleading consumers about healthcare services and illegal robocalls.

The Labor Department released its jobs report for July which showed the U.S. economy added 73,000 jobs last month, amid uncertainty around trade and monetary policy.

Union Pacific and Norfolk Southern announce a landmark $85 billion merger to create America's first transcontinental railroad, connecting over 50,000 route miles from coast to coast.

The Trump administration's DOGE developed an AI tool to review 200,000 federal regulations, aiming to cut about half of regulations and save trillions in compliance costs.

Newark airport faces delays amid staffing shortages, adding to challenges from equipment outages and runway construction that prompted FAA flight caps.

The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped income and overtime pay in the One Big Beautiful Bill Act.

The Social Security Administration announced 24/7 access to the My Social Security online portal starting in mid-July as part of a broader customer service overhaul.

Family-owned Central Drug Store in San Francisco closes its doors after serving the community since the early 1900s, with owner Jerry Tonelli retiring after 50 years.

Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.

Trump's One Big Beautiful Bill Act created federal work requirements for Medicaid recipients, which amount to 80 hours a month in community engagement activities to maintain eligibility.

Telecommunications giant T-Mobile joins Walmart and Target in dismantling DEI initiatives amid pressure from the Trump administration and pending FCC approvals.

Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies from the Federal Reserve are keeping it from doing so.

Republicans' One Big Beautiful Bill Act reforms SNAP by requiring states with error rates above 6% to share costs starting in 2028, with 43 states currently exceeding this threshold.

Analysis shows Trump's tax bill would reduce federal tax burdens for all income levels, making TCJA's lower rates permanent while adding temporary deductions for tips and overtime.

The Federal Trade Commission (FTC) is making the month of July "Made in USA" month, with Chairman Andrew Ferguson announcing the agency's move on Tuesday.

Smucker's commits to remove artificial dyes from sugar-free fruit spreads, ice cream toppings and other products by 2027, supporting the FDA's initiative to phase out synthetic dyes.