Tom Howell Jr.
Articles by Tom Howell Jr.
Luxury retailer says U.S. manufacturing will struggle with new furniture tariffs
The CEO of Restoration Hardware is warning that high-quality wood and metal furniture manufacturing "does not exist at scale in America" as President Trump uses a tariff investigation to spur production in the U.S. Published September 12, 2025
Trump says Supreme Court tariff case is about ‘common sense’
President Trump says his administration should win a major legal case against his tariff authority on legal grounds and on "common-sense" merits, warning the U.S. would have to refund "trillions" if he loses. Published September 12, 2025
Fed caught between inflation concerns and soaring jobless claims
The Federal Reserve faces a huge test this month as it weighs the state of the economy under President Trump, with inflation running a bit hotter than desired but a worsening jobs situation all but requiring a rate cut. Published September 11, 2025
Consumer prices rose at a hotter rate in August, though not far off forecasts
Prices rose 0.4% in August, the federal government said Thursday in a report that roughly aligned with expectations and keeps the Federal Reserve on track to cut interest rates. Published September 11, 2025
MSNBC fires analyst Matthew Dowd for ‘insensitive’ and ‘unacceptable’ comments around Kirk shooting
MSNBC released political analyst Matthew Dowd for comments he made following the shooting of conservative activist Charlie Kirk, calling them "insensitive and unacceptable." Published September 11, 2025
Colleges should give taxpayers a cut from funded patents, Howard Lutnick says
The Trump administration has taken a stake in chipmaker Intel and steel and mining companies, so Commerce Secretary Howard Lutnick says taxpayers should get at least half the proceeds from universities that use public support to invent products and secure patents. Published September 10, 2025
Trump’s Fed pick, Stephen Miran, inches forward in the Senate
The Senate Banking Committee on Wednesday advanced President Trump's choice to fill a vacancy on the Federal Reserve Board of Governors. Published September 10, 2025
Oliver North marries his famous secretary, Fawn Hall, decades after Iran-Contra
It's been 40 years since the Iran-Contra scandal caused a sensation in Washington and headaches for the Reagan administration. Now, two key figures in the episode - Oliver North and his former secretary, Fawn Hall - have tied the knot. Published September 10, 2025
Wholesale prices fell a bit in August, signaling a Federal Reserve rate cut is more likely
Wholesale prices decreased slightly in August, the federal government said Wednesday, a surprise development that should give the Federal Reserve more confidence in cutting interest rates. Published September 10, 2025
Trump administration appeals ruling that allows Lisa Cook to stay on Federal Reserve’s board
The Trump administration on Wednesday appealed a federal judge's ruling that Federal Reserve Board member Lisa Cook can remain in her position during the legal fight over President Trump's attempt to fire her. Published September 10, 2025
Supreme Court to hear challenge to Trump’s tariffs
The Supreme Court said Tuesday it will expedite the case over President Trump's tariffs, slating it for oral argument the first week of November. Published September 9, 2025
White House criticizes Israel for attacking Hamas leaders in Doha, citing Qatari-U.S. friendship
President Trump is upset with Israel for bombing Hamas leaders within Qatar, a key U.S. ally, according to the White House. Published September 9, 2025
U.S. added 911,000 fewer jobs through March, BLS says
The U.S. added far fewer jobs than previously thought in the 12 months leading up to March, the government said Tuesday. Published September 9, 2025
Treasury chief Bessent: U.S. would have to refund up to $1 trillion if it loses tariff case in June
The Trump administration says it would have to refund up to $1 trillion in customs revenue if it loses a tariff case before the Supreme Court and the opinion doesn't arrive until June. Published September 9, 2025
Democrats display alleged Trump note to Epstein for 50th birthday
House Democrats on Monday released a screenshot of a note that President Trump allegedly wrote to Jeffrey Epstein for his 50th birthday in 2003. Published September 8, 2025
Trump loses bid to toss $83M defamation judgment in favor of E. Jean Carroll
A federal appeals court on Monday upheld a civil judgment ordering President Trump to pay $83.3 million to former magazine columnist E. Jean Carroll over defamation claims. Published September 8, 2025
Trump reminds foreign companies to employ Americans at U.S. factories
President Trump is urging foreign nations to hire and train American workers when they set up shop in the U.S. Published September 8, 2025
Trump slams EU over Google penalty, threatens to retaliate
President Trump is threatening to hit the European Union with a trade investigation over fines that the bloc imposed on U.S. tech companies. Published September 5, 2025
A tough row to hoe: Trump-loving farmers weather low crop prices, tariff costs on fertilizer
Crop prices are low due to big yields, and high fertilizer costs from President Trump's tariff wars are stressing out the heartland. Published September 5, 2025
U.S. sees tepid job growth, only 22,000 added, in August, says Bureau of Labor Statistics report
The U.S. added only 22,000 jobs in August, according to federal figures Friday that increased worries about the employment market. Published September 5, 2025
