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Opinion
Timothy p. carney
The first son founded a lobbying firm banking on his father’s powerThe Magazine
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DeSantis says Federal Reserve's job is 'not to be an economic central planner'
Gov. Ron DeSantis (R-FL) criticized the Federal Reserve after the centralized banking system raised interest rates. He said its job is “not to be an economic central planner.” -
Major automakers partner in building electric vehicle charging network to rival Tesla
Seven major automakers are banding together to build a new electric vehicle charging network in the United States and Canada in an attempt to compete with Tesla. -
Legislation cracking down on pharmaceutical middlemen advances in Senate
The Senate Finance Committee voted Wednesday nearly unanimously to pass legislation regulating pharmacy benefits managers, or PBMs, whom critics claim are the middlemen largely responsible for high prescription drug prices.
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Policy Defense & National Security
July 27, 2023 04:24 PMJuly 27, 2023 03:09 PMJuly 27, 2023 11:11 AMJuly 27, 2023 07:08 AMPolicy Healthcare
July 26, 2023 04:16 PMJuly 26, 2023 03:43 PMJuly 26, 2023 02:55 PMJuly 26, 2023 01:52 PM
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Policy Energy
Tesla employees were ordered to suppress driving range complaints, report says
Electric car company Tesla had its employees suppress thousands of driving range complaints from customers and cancel owners’ service appointments, according to a recent investigation by Reuters.House votes to curtail protections for endangered species of bats and chickens
The House of Representatives passed two resolutions Thursday that would override the Fish and Wildlife Service’s rules beefing up protections for two species of animals — setting up a clash with the White House, which threatened to veto the two measures.Policy Finance
GDP growth unexpectedly ticks up to 2.4% annual rate in second quarter
Economic growth unexpectedly increased to a 2.4% annual rate in the second quarter of this year, up from 2% the quarter before, the Bureau of Economic Analysis reported Thursday morning.Fed hikes rates to highest since dot-com bubble as anti-inflation campaign winds down
The Federal Reserve hiked interest rates Wednesday in what is expected to be the end of its campaign, launched hurriedly last year, to counter historic inflation by increasing borrowing costs.
Michael Barone
Timothy P. Carney