Economy

Ukraine Secures $1.1 Billion from IMF for Budget Needs

Ukrainian Prime Minister Denys Shmyhal announced Monday that the country has received $1.1 billion in financial assistance from the International Monetary Fund (IMF).

Ford Donates $1 Million, Vehicles to Trump Inauguration

Ford Motor Co. announced Monday it is donating $1 million and a fleet of vehicles to support President-elect Donald Trump's upcoming January inauguration.

Trump Warns U.S. May Take Back Panama Canal

President-elect Donald Trump wrote on Truth Social that the United States may take back the Panama Canal unless the country lowers its costs and opposes Chinese influences.

Maine Governor Janet Mills Creates Task Force Dedicated to Investigating Artificial Intelligence

Maine Governor Janet Mills signed an executive order on Friday to create a task force dedicated to examining the opportunities and challenges posed by artificial intelligence (AI) for the state’s residents, economy, and institutions.

Montana and Wyoming Sue Biden Administration Over Plan to Halt Federal Coal Production

The attorneys general of Montana and Wyoming have filed a lawsuit against the Biden administration following its announcement to halt federal coal production in the Powder River Basin. The Basin, which covers 20,000 square miles in northeastern Wyoming and southeastern Montana, accounts for 85% of federal land-produced coal.

Biden Announces New Climate Goals Days Before Leaving Office

President Joe Biden announced new climate goals with only 31 days left in office.

U.S. Healthcare Spending Reaches $4.9 Trillion in 2023

Healthcare spending in the United States surged by 7.5% to $4.9 trillion in 2023, driven by increased medical service use and rising enrollment in private health plans, according to a report from the Centers for Medicare and Medicaid Services (CMS).

Biden Administration’s LNG Report Challenges Trump’s Export Plans

The Biden administration’s Energy Department released a report that could complicate President-elect Donald Trump’s plans to promote liquefied natural gas (LNG) exports.

DeSantis Defends Immigration Policy as Florida’s Economy Grows

Florida Governor Ron DeSantis pushed back against "false media narratives" about illegal immigration, following a report highlighting the state's economic growth.

Washington State Weighs One Percent Wealth Tax

Washington Governor Jay Inslee (D) proposed a wealth tax designed to increase the state's revenue.

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