Watch: More Evidence Iran Is Rapidly Restoring Its Missile Tunnels

'Slow Hire, No Fire' Economy Continues As Jobless Claims Remain Near Record Lows The number of Americans filing for unemployment benefits for the first time fell to to 215k last week (versus 217k exp), remaining near multi-decade lows... California and Missouri saw the biggest increase in initial claims while New Jersey and Connecticut saw the largest decline... Continuing jobless claims ticked higher (highest since March) but remains well off cycle highs from Q4... Despite disappointing payrolls (though jobs are still being added, though at a slower pace)... ...jobless claims data suggests there is no...

Trump EPA Targets Biden-Era Refrigerant Rules In Affordability Push The Trump administration plans to delay compliance with Biden-era EPA regulations targeting hydrofluorocarbons later today. These regulations apply to refrigerants used in air conditioners, refrigerators, supermarket cooling systems, refrigerated trucks, cold storage, and some industrial applications. Bloomberg reports that the EPA's 2023 Technology Transitions Rule, enacted under the American Innovation and Manufacturing Act, will be rolled back, with an estimated cost savings of more than $2.4 billion. EPA Administrator Lee Zeldin said the Biden-era rules imposed costly and unrealistic requirements that exceeded the...

Energy Department Issues Emergency Order As Hot Weather Conditions Threaten Blackouts The Department of Energy (DOE) issued an emergency order authorizing Southwest Power Pool Inc. to use certain energy resources to reduce the risk of potential blackouts, according to a July 21 statement from the department. Electrical transmission poles and lines in Commerce, Calif., on Aug. 7, 2025. Mike Blake/Reuters The order, issued on July 20 and signed by Secretary of Energy Chris Wright, stated that Southwest Power Pool (SPP) had asked the DOE to temporarily permit certain resources to operate beyond...