Economy

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Trump Finally Admits His Tariffs Raise Prices

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President Donald Trump, who ran in 2024 on the promise to bring down prices “on day one,” has finally admitted that his tariffs do the opposite. On Friday, the Trump administration announced that it would exempt a broad array of groceries—including staples like beef, coffee, and bananas—from the tariffs the president proudly implemented in April. […]

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Trump’s Vendetta Against EVs Is Driving Up Costs for Every Vehicle Owner

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This story was originally published by Vox and is reproduced here as part of the Climate Desk collaboration. As President Donald Trump sees it, environmental regulations that attempt to improve efficiency and address climate change only make products more expensive and perform worse. He has long blamed efficiency regulations for his frustrations with things like toilets and showerheads. He began his second […]

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As SNAP Crisis Continues, Trump Whines About Americans’ “Affordability” Concerns

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Trump denied that voters’ concerns about the economy played a role in the GOP’s losses in this week’s elections.

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In New Jersey, Offshore Wind Notches a Win—and Dodges a Bullet

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This story was originally published by Canary Media and is reproduced here as part of the Climate Desk collaboration. US Rep. Mikie Sherrill won the governor’s race in New Jersey on Tuesday, running on a platform of keeping electricity prices down. Environmental groups see Sherrill’s election as a triumph for the Garden State’s struggling offshore wind sector. Sherrill, a four-term Democrat […]

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Don’t Tell Donald Trump, but Texas Is Deep Into Wind and Solar Power

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This story was originally published by Inside Climate News and is reproduced here as part of the Climate Desk collaboration. Texas’ independent grid is meeting a large portion of the state’s rising electricity demand through its growing fleet of solar facilities, wind power generators and batteries, according to the US Energy Information Administration (EIA).  In the first nine […]

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For at Least One Small Iowa Rancher, This Shutdown May Prove the Final Straw

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This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. Last June, record flooding swept through the rural town of Rock Valley, Iowa. As the wall of water began to overtake Chelsie Ver Mulm’s 10-acre plot of land, she rushed into action, rapidly evacuating her family’s gaggle of cows, sheep, […]

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