US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.
House Ways and Means Chair Jason Smith (R-Mo.) said such legislation could include provisions that didn't make it into the GOP's party-line tax bill now moving through Congress.
The Trump administration called its $142 billion defense deal with Saudi Arabia “the largest defense sales agreement in history.” Critics aren’t so sure.