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‘Leftist’ taxpayer-funded academy sparks backlash after moving against Trump’s rollback of key regulation

Politics

‘Leftist’ taxpayer-funded academy sparks backlash after moving against Trump’s rollback of key regulation

FIRST ON FOX: The National Academies of Sciences, Engineering, and Medicine — a largely taxpayer-funded body that has taken in hundreds of millions in federal dollars — is facing pushback for fast-tracking a climate review that critics say is an attempt to undermine the Trump administration's energy agenda.Earlier this month, Politico reported that NASEM is using "internal funding" to pay for a review that will be released in September in […]

todayAugust 22, 2025 4

Fed Chair Jerome Powell signals job market, inflation outlook could allow for interest rate cut

Business

Fed Chair Jerome Powell signals job market, inflation outlook could allow for interest rate cut

Federal Reserve Chair Jerome Powell on Friday said that the "balance of risks appears to be shifting" in the U.S. economy, as central bank policymakers weigh labor market conditions and inflation data ahead of their next interest rate decision in mid-September.Powell spoke at the annual monetary policy conference hosted by the Kansas City Fed in Jackson Hole, Wyoming, in what is expected to be his final address at the event as […]

todayAugust 22, 2025 4

Canada lifts tariffs on some US goods to resume trade talks

Business

Canada lifts tariffs on some US goods to resume trade talks

Canada announced on Friday that it will remove many of the retaliatory tariffs imposed on U.S. goods as a sign of goodwill aimed at resuming trade talks that have stalled.Canadian tariffs on goods that are compliant with the U.S.-Mexico-Canada Agreement (USMCA) will be lifted under the move, while tariffs imposed on U.S. autos, steel and aluminum will remain in effect for now. "In this context and consistent with Canada's commitment to […]

todayAugust 22, 2025 4