Through the Sanctioning Russia Act, bipartisan lawmakers are preparing to impose a 500% tariff — an all-out signal to the Kremlin and its partners: de-escalate the war in Ukraine or face steep economic consequences. The measure, crafted by Sens. Lindsey Graham (R-S.C.) and Richard Blumenthal (D-Conn.), grants President Donald Trump…

President Donald Trump’s administration is demanding schools prove that they are not conducting race-based admissions. The Department of Education released a memo on Thursday detailing a new auditing process for college admissions in order to find any instances of civil rights violations.In order to “promote transparency,” the Department of Education…

U.S. gold futures rose to a record high on Friday amid uncertainty over whether the Trump administration’s country-specific import tariffs would apply to the most commonly traded sizes of gold bars. Washington may place the most widely traded gold bullion bars in the U.S. under country-specific tariffs, according to a ruling on…

A Martha’s Vineyard estate where the Obama family vacationed for several summers, known as Blue Heron Farm, was sold to billionaire Les Wexner to the tune of $37 million.  The buyer was a trust managed by Matthew Zieger, who is the attorney of the retail executive, according to a report…

President Trump has decided to remove Billy Long from his role as commissioner of the Internal Revenue Service (IRS) only two months after he was confirmed, FOX Business has learned. Treasury Secretary Scott Bessent will step in as acting IRS commissioner until a replacement is found, an official source confirmed…

Taylor Swift and her Cleveland-born beau, Travis Kelce, were spotted dining in early July at a local restaurant on the city’s east side. This week, rumors have swirled that the A-listers might be house hunting in the family-friendly neighborhood. JoJo’s Bar, an Italian-American steakhouse situated in downtown Chagrin Falls near…

Elizabeth Holmes, the Theranos founder who’s serving an 11-year sentence for defrauding investors over blood-testing technology that did not work, has been passing time in Texas federal prison by exercising.  She was spotted jogging multiple times this week.Holmes, 41, was photographed on Tuesday carrying weights around the recreation yard at…

The clash between Alan Dershowitz, the lawyer widely recognized for representing Jeffrey Epstein and President Donald Trump, and a Martha’s Vineyard pierogi stand escalated again after the stand refused to serve him a second time. Dershowitz approached Good Pierogi at the West Tisbury Farmers Market again on Wednesday, requesting they…

Treasury Secretary Scott Bessent said Thursday that financial markets are pricing in a high likelihood of the Federal Reserve cutting interest rates before the end of the year amid concerns about tariffs pushing inflation higher. Bessent, during an appearance on Fox News’ “Special Report with Bret Baier,” said after the Fed held…

As President Donald Trump moves to further isolate Russia over its ongoing war in Ukraine, the Kremlin’s trade relationships with China and India could soon come under scrutiny. Trump has previously singled out the top buyers of Russian energy since the war began, accusing them of blunting the impact of…