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Intelligence for the New World Economy

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Intelligence for the New World Economy
Semafor World Economy

Semafor Politics

First look at war-related inflation sparks political jostling

The White House sought to focus on findings that specific goods got less expensive, while emboldened Democrats decried energy price spikes.
A gas pump in WashingtonKen Cedeno/Reuters

Navy takes nuclear-powered sub offline after $800 million cost run-up

Navy Secretary John Phelan was candid about his decision in an interview with Semafor: “We screwed up.”
US Navy Secretary John Phelan, at centerJessica Koscielniak/Reuters

Warsh’s Fed hearing slips past next week

The committee would have had to notice the hearing by midnight Thursday.
Kevin Warsh at Semafor’s World Economy Summit. Kevin Warsh at Semafor’s World Economy Summit. Tasos Katopodis/Getty Images for Semafor

Moore takes on the Sun’s ‘MAGA billionaire’ and more

The Maryland governor talked to Semafor on the sidelines of Rev. Al Sharpton’s National Action Network conference.
Wes Moore Brendan McDermid/Reuters

Debatable: AI titans influencing regulation

Some are warning about AI companies engaging with US lawmakers as they map out potential regulations for the industry.
Sen. Ted Cruz, R-Tex., speaks to Oracle CEO Clay Magouyrk and OpenAI CEO Sam Altman at a Q&A following a tour of the OpenAI data center in Texas in September.

Americans still think taxes are too high, poll finds

The share of US adults who told Gallup that their taxes are too high has remained consistent since 2023 during Joe Biden’s presidency.
IRSKen Cedeno/Reuters

Lawmakers await Pentagon’s mystery funding request

Congressional Republicans are watching to see whether the ceasefire with Iran is real.

Israel, Lebanon to hold direct talks

Israeli Prime Minister Benjamin Netanyahu vowed to continue striking Lebanon in the meantime.

Republicans fight among themselves over their long pre-election to-do list

President Donald Trump’s party has a dizzying number of goals and can’t agree on how to get started.

Ex-diplomat says war has permanently harmed Qatar-Iran ties

“Attacking civilian infrastructure, under the guise of ‘we’re attacking the Americans,’ is something that Qatar views as a just bold-faced lie.”

A Trump deal with Iran would likely get a vote in Congress

Democrats believe the 2015 Iran Nuclear Agreement Review Act would apply to an agreement that touches on Iran’s nuclear program.

Iran truce already in doubt

Iran targeted a Saudi oil pipeline hours after the truce took effect and accused the US of violating the agreement.

Trump administration expected to keep waiving Russian oil sanctions as Iran call looms

Doing so would reinforce a second-term shift in how economic pressure gets applied.

Democrats to force Iran vote next week

On Thursday morning, House Democrats will try to unanimously constrain the president’s war powers, a move Republicans will almost certainly block.

As Republicans embrace AI in campaigning, Democrats bet on a backlash

Republicans are very comfortable using AI for almost anything in politics, and they’ll say so.

What Sharpton wants to hear from 2028’s Democratic contenders

The civil rights advocate talked to Semafor about what he plans to press for when he sits down with nine potential presidential hopefuls this week.

Fewer in US, Canada see good job opportunities, report finds

Just 47% of people living in the US and Canada say it’s a good time to find a job in their city or area.

Trump agrees to suspend Iran attacks for two weeks

US President Donald Trump on Tuesday agreed to suspend attacks on Iran for two weeks, subject to Tehran reopening the Strait of Hormuz.