Whitney Economics has sharply downgraded its long-term forecast for the U.S. cannabis market, slashing its 2025–2030 retail sales projection by $21.1 billion compared to estimates made just a year ago. The downward revision, revealed this week by the cannabis data and consulting firm, reflects persistent structural challenges in the industry, including punitive tax policies, lagging federal reform efforts and increasing...

WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday signed several executive orders and proclamations focused on deregulating markets, including one aimed at ensuring federal regulations do not block entrants from entering new markets. Trump also signed an order to reverse conservation regulations enacted by the Biden administration to limit pressure for shower heads and other water appliances, calling the rules...

03:41 PM EDT, 04/09/2025 (MT Newswires) -- Federal Reserve officials indicated last month that tariffs were likely to increase inflation this year, while heightened macro uncertainty called for a cautious approach, minutes from the central bank's March 18-19 meeting showed Wednesday. At the meeting, the Federal Open Market Committee kept interest rates steady in the range of 4.25% to 4.50%...

(Reuters) - Federal Reserve policymakers worry U.S. President Donald Trump's trade policy could deal a blow to economic growth, but are signaling they won't be quick to ride to the rescue with interest rate cuts because they expect increased tariffs to boost inflation. Risky is how both St. Louis Fed President Alberto Musalem and Minneapolis Fed President Neel Kashkari described...