“This is one of the most mind-blowing things I’ve ever heard,” is one of many comments of shock—and anger—left by social media users this week. When you hear that taxpayers are spending millions each year on programs for the homeless, most folks expect things like shelter beds, job training, or addiction recovery services. One could be forgiven for not expecting a government-backed initiative that, among other things, hands out shots of alcohol  to chronically homeless alcoho

Federal data show reduced trade gap and a surge in worker output, signaling shifts in economic momentum. The U.S. trade deficit narrowed sharply in recent months, falling to its lowest level since 2009, according to official federal data, while economic productivity recorded its strongest increase in nearly six years. The U.S. Census Bureau and Bureau of Economic Analysis reported that the nation’s trade deficit declined to $29 billion in the most recent reporting period, dow

Justice Department subpoenas central bank in probe over headquarters renovation and alleged false statements to Congress. Federal prosecutors in Washington have opened a criminal investigation into Federal Reserve Chair Jerome H. Powell, focusing on whether he misled Congress about the cost and scope of the $2.5 billion renovation of the Federal Reserve’s Washington, D.C, headquarters, according to multiple reports citing government and legal sources.  The inquiry was approve