The latest business and economy news from Washington, D.C.

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Last update: 9 hours ago

U.S.-China Trade Shock: Trump says China will order 200 Boeing jets after talks with Xi in Beijing, a potential win for Boeing as Airbus continues to dominate China deliveries—Boeing shares slid on the news. Fed Watch: Jerome Powell’s Fed tenure ends as Kevin Warsh heads in, with inflation and political pressure still shaping the handoff. Energy & Permits: The EPA proposed a rule that could let developers start major construction before Clean Air Act permits are finalized, a move aimed at speeding data-center projects and other industrial builds. Critical Minerals Push: Rep. Blake Moore introduced the Critical Mineral and Extraction Tax Parity Act, while Sens. Cruz and Cornyn backed an Army-linked lithium brine bill—both targeting supply-chain security. Local Politics & Oversight: Rep. Chip Roy introduced the Sister City Transparency Act to scrutinize partnerships he says could expose cities to CCP influence. Corporate Moves: Starbucks plans to cut 300 corporate jobs and close some U.S. offices as part of its turnaround.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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10 hours ago

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