Free Newsletter
GOP bill slashes residential solar tax credits, jobs at risk
A GOP tax bill cuts clean energy incentives, ending residential solar tax credits fast. North Carolina firms warn of layoffs and major industry setbacks.
Summer heat raises risk of child deaths in hot cars
Record heat waves raise risks of child deaths in hot cars. Experts urge parents to double-check backseats and follow safety steps to prevent heatstroke.
Americans cut spending as inflation edges higher in May
US inflation rose to 2.3% in May while Americans cut spending and incomes dropped. Tariffs and weak hiring weigh on growth as Fed weighs rate cuts.
Powell warns tariffs may boost inflation amid GOP criticism
Fed Chair Jerome Powell says Trump’s tariffs could raise inflation, as some Republican senators accuse him of bias and push back on rate cut delays.
EPA to roll back power plant greenhouse gas, mercury limits
The EPA aims to cancel rules capping greenhouse gas and mercury from coal and natural gas plants, citing costs, while environmental groups prepare court fights.
Bond market rattled by tax cut fears and rising debt
Wall Street reacts to rising bond yields as tax cuts fuel U.S. debt concerns, shaking markets and raising fears of higher rates and inflation.
RFK Jr.’s health report raises concerns for farmers, GOP
RFK Jr.'s MAHA report on childhood disease and chemicals draws backlash from farmers and Republicans over concerns about food supply and glyphosate use.
30-year mortgage rate climbs to 6.81% amid volatility
The average U.S. 30-year mortgage rate rose to 6.81%, its highest since April, as Treasury yields and inflation fears drive rate volatility.
EPA rolls back some PFAS limits in drinking water rule
EPA weakens limits on some PFAS in drinking water, keeps strict PFOA, PFOS rules but delays compliance, citing utility costs and legal challenges.
Energy Star efficiency program faces elimination
EPA plan to cut Energy Star may end decades of consumer energy savings and environmental progress, sparking concern from climate and consumer advocates.
US consumer confidence hits 5-year low on tariff fears
U.S. consumer confidence fell to its lowest since May 2020 as tariff concerns rise. Americans expect slower hiring and fear a looming recession.
Nintendo Switch 2 pre-orders overwhelm retailers, fans
Nintendo Switch 2 preorders sell out fast amid overwhelming demand, site crashes, and tariff-related price hikes ahead of its June 5 launch.
