President Donald Trump’s full suite of “Liberation Day” tariffs will take effect next week, raising the cost of everything from apparel to automobiles and adding pressure on households already battling inflation. Analysts project the tariffs could increase annual expenses for the average U.S. family by up to $2,400.
The U.S. Office of Special Counsel (OSC) has launched an investigation into former special counsel Jack Smith for allegedly violating the Hatch Act during his role in prosecuting President Donald Trump. The probe, confirmed by the OSC to Fox News, centers on whether Smith used his position to unlawfully interfere in the 2024 presidential election.
A United Nations report aimed at identifying ways to cut costs and boost efficiency has revealed a striking admission: the vast majority of its own reports are barely read, if at all. U.N. Secretary-General Antonio Guterres briefed member nations on the findings Friday, noting that a staggering volume of internal documentation is having minimal real-world impact.
President Donald Trump warned 17 major pharmaceutical companies on Thursday that they must lower prescription drug prices or face undisclosed punitive measures. The ultimatum follows his recent executive order aimed at bringing U.S. drug costs in line with prices in other developed nations.
Stephen Colbert used CBS’s The Late Show platform to express grief and disbelief during an emotional interview with former Vice President Kamala Harris, following her defeat in the 2024 presidential election. Colbert lamented Harris’s failure to stop President Donald Trump’s return to office and accused Congress and the U.S. Supreme Court of giving Trump “free reign.”
Sen. John Kennedy (R-LA) praised President Donald Trump and the Federal Reserve for the resilience of the U.S. economy during an interview on Fox News Channel’s America Reports on Friday. While acknowledging weaknesses in the latest jobs report, Kennedy emphasized that America’s economy remains strong compared to global competitors and credited conservative fiscal policy for delivering a soft landing.
On August 1, President Trump swiftly dismissed Bureau of Labor Statistics (BLS) Commissioner Dr. Erika McEntarfer hours after a weak jobs report, accusing her of manipulating numbers to favor Democrats.
