Economy

The U.S. Treasury reported a $27 billion budget surplus for June 2025, credited to a sharp jump in tariff revenue.

Nvidia became the first publicly traded company to briefly exceed a $4 trillion market capitalization on July 9, 2025.

Wisconsin’s new state budget includes a $5 million allocation to revive film tax credits and establish a state film office under the Department of Tourism. The initiative, supported by Democrat Gov. Tony Evers, aims to attract more film and television productions to the state by offering generous tax incentives.

U.S. employers added 147,000 jobs in June, the Labor Department reported. The unemployment rate was reported as being 4.1%, down from 4.2% in May.

Elon Musk is warning Republican lawmakers that backing President Trump’s “One Big Beautiful Bill” will cost them their political futures.

U.S. oil and fuel inventories dropped sharply last week, signaling powerful American demand that is pushing prices higher.

Markets rallied sharply on June 24 as geopolitical risks eased following a tentative ceasefire between Israel and Iran.

President Trump is leveraging a newly brokered peace in the Middle East to urge Congress into action on his sweeping budget reconciliation plan.

Tesla shares surged nearly 10% on Monday following the company's official launch of its robotaxi service in Austin, Texas.

The Federal Reserve announced on June 18, 2025, that it will maintain its benchmark interest rate at 4.25–4.5% for the fourth consecutive meeting.