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Elon Musk’s DOGE pays a visit to IRS

Elon Musk’s cost-cutting agency is turning its attention to the Internal Revenue Service as millions of Americans file their tax returns. Various media outlets report that Musk’s top aide, Gavin Kliger, is reviewing the operations of the tax agency. DOGE meets with IRS officials Reuters first reported the visit, saying that Kliger, a key member…

EPA Chief Lee Zeldin announced an investigation into the Biden administration’s handling of $20 billion in taxpayer funds “parked” at a bank.

Environmental Protection Agency Administrator Lee Zeldin says the Biden administration “parked” $20 billion in taxpayer money at a financial institution. He vowed to investigate the issue after an undercover reporter with Project Veritas, a right-wing organization, captured a Biden administration EPA advisor on camera in December admitting the agency was attempting to disburse the funds…

Small business optimism remains at a historic high, although uncertainty is also on the rise according to a new survey.

Small business optimism remains above the historical average at 102.8 but fell by 2.3 points in January, according to the National Federation of Independent Business. Nearly 40% of small business owners rate inflation and a tight labor market as their top concerns, according to the survey. NFIB Chief Economist Bill Dunkelberg noted that hiring challenges…

Sen. John Fetterman plans to use what he describes as an open dialogue with President Trump to advocate for clean energy initiatives.

Full Story Sen. John Fetterman, D-Pa., plans to use what he describes as an open dialogue with President Donald Trump to advocate for clean energy initiatives. Despite Trump’s opposition to certain climate policies, Fetterman believes the economic benefits that renewables have brought to several Republican-led states could make the former president more receptive to these…

Zeldin expressed concerns over how the Climate United Fund and other entities will allocate the funds, demanding the funds return to the EPA.

Environmental Protection Agency Administrator Lee Zeldin announced that $20 billion in taxpayer money was “parked” by the Biden administration at a financial institution, impacting grants to climate groups. Zeldin expressed concerns over how the Climate United Fund and other entities will allocate the funds, demanding the immediate return of the money to the EPA. Zeldin…

California's "insurer of last resort" was approved for a $1 billion surcharge due to January's devastating fires in Los Angeles.

January’s devastating fires in the Los Angeles area have drained California’s “insurer of last resort,” also know as the FAIR Plan. As a result, state officials have approved a $1 billion surcharge on insurance companies. In turn, half of that extra cost will be passed down to customers. The state’s Department of Insurance approved a…

Consumer prices rose 3% in January, the biggest inflation jump since June 2024, as the Federal Reserve weighs its interest rate policy.

Full Story Consumer prices rose at a faster pace than expected in January, the Bureau of Labor Statistics reported Wednesday, Feb. 12. The 3% annual rise in inflation was the highest since June 2024 and follows an increase of 2.9% in December. On the month, prices rose 0.5%, the highest monthly rise since August 2023.…

An Arizona lawmaker is urging the Trump administration to reconsider federal land protections near the Grand Canyon to allow for mining.

Arizona Senate President Warren Petersen is urging the Trump administration to reconsider federal land protections near the Grand Canyon to allow for mining activities. In a letter to Interior Secretary Doug Burgum, the Republican state senator called for a review of a Biden-era federal designation that protects nearly 1 million acres around the Grand Canyon…

Federal Reserve Chair Jerome Powell addressed the impacts of tariffs on the economy during his semiannual appearance before Congress.

Federal Reserve Chair Jerome Powell made his semiannual trip to the U.S. Capitol Tuesday, Feb. 11. In his testimony in front of the Committee on Banking, Housing, and Urban Affairs, the head of the central bank addressed tariffs, debanking, and interest rate cuts.  The Federal Reserve has a dual mandate of maintaining price stability and…

Wholesale prices for eggs have hit a record high. The continued spread of the bird flu has caused prices to rise.

Wholesale egg prices continue to soar as the bird flu spreads. Egg prices have reached record levels, leading shoppers to experience sticker shock at the grocery store. How expensive are eggs? On Friday, Feb. 7, the average wholesale price for a dozen large, white shell eggs hit $8, according to Expana. An Expana reporter told…

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