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U.S. Fiscal Policy Turns Mildly Restrictive in Q2
The fiscal impact measure showed tax and spending policy subtracting 0.2 percentage points from real GDP growth in the second quarter of 2026.
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The fiscal impact measure showed tax and spending policy subtracting 0.2 percentage points from real GDP growth in the second quarter of 2026.
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Abdul El-Sayed's Senate nomination in a pivotal Midwestern state has intensified the Democratic debate over economic populism, Gaza, campaign money and the leadership the party will carry into 2026 and 2028.
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Payrolls, stocks and goods exports have reached notable highs, but weaker job creation, limited factory hiring and disputed investment totals complicate the administration's account of a broad economic boom.
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The stopgap bill would maintain most federal spending through December 11, shield Border Patrol funds from transfers and pause a contested White House grant-review rule while Congress negotiates full-year appropriations.
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A national poll put Donald Trump's approval on Iran at 28 percent and found stronger public demand for lower fuel prices and a permanent ceasefire than for continued military action.
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The White House meetings bring together competing demands over Iran diplomacy, Israeli politics, Ukrainian air defenses and delayed U.S. military assistance.
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A coalition of 32 tech companies and organizations has called on U.S. policymakers to support open-weight AI models, arguing that American leadership in artificial intelligence depends on fostering an open ecosystem rather than restricting access to frontier models. The signatories include Nvidia, Microsoft, Meta, OpenAI and IBM.
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The United States plans to impose new 10% to 12.5% tariffs on imports from 60 countries, shifting from temporary worldwide levies to a trade-law framework tied to enforcement of forced-labor restrictions.
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U.S. Trade Representative Jamieson Greer said Washington hopes to reach separate interim trade arrangements with Mexico and Canada by the end of 2026, while more difficult changes to the North American trade pact are expected to require further work next year.
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Elon Musk escalated a debate over patriotism in the United States after writing on X that people who do not love the country and are disloyal should be exiled immediately.