Immigration Crackdown: The Hidden Cost to US Farms and Restaurants

By Written by FACT AND VIEW Editorial Team

Immigration crackdown is reshaping US farms and restaurants. See how worker shortages could raise food costs, hurt businesses and affect consumers.

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2027 Social Security COLA: What Retirees Can Expect

By Written by FACT AND VIEW Editorial Team

2027 Social Security COLA projections could affect millions of retirees. Learn the latest estimates, inflation outlook, and what higher benefits may mean for you.

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Tech Startup Funding: Why Interest Rates Matter

By Written by FACT AND VIEW Editorial Team

Learn how tech startup funding is affected by interest rates, venture capital, and Federal Reserve policy—and what it means for founders and investors.

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US Dollar: Why the World’s Reserve Currency Matters

By Written by FACT AND VIEW Editorial Team

US dollar reserve currency status : down 9% on trade-weighted basis, France repatriated gold, allies diversifying. Why it matters for your wallet — verified data, both sides.

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Quick Insights: This Week in the US

This week brought a sweeping US-Venezuela oil agreement, a fast-escalating trade war with Canada, a new global ultimatum aimed at isolating Iran, a secretive CIA trip to Moscow tied to the Ukraine war, and a historic policy shift on Syria.

A Historic Oil Deal With Venezuela

President Trump announced what he called the biggest oil deal in world history, giving the United States majority control — a 55% stake — over 17 Venezuelan oil fields holding an estimated 65 billion barrels of proven reserves. The agreement, struck with interim President Delcy Rodríguez, sets up a new joint venture with a private operator and comes months after Venezuela’s authoritarian leader was removed from power. The administration says the deal will help lower US gas prices over time, though few technical details have been made public and energy markets responded with less enthusiasm than the announcement’s framing suggested.

US-Canada Trade War Escalates — and a Lake Gets a New Name

Days after the initial round of US tariffs on Canadian goods took effect, the fight intensified. Canada doubled its retaliatory tariffs on American steel and aluminum from 25% to 50% and added duties on roughly 700 other US products. President Trump responded by signing an executive order directing the federal government to rename Lake Ontario “Lake America,” escalating a public feud with Ontario Premier Doug Ford. Republican lawmakers in border states have begun voicing concern that the dispute is starting to hurt their own constituents.

Treasury Launches “Operation Economic Outcast” Against Iran

Treasury Secretary Scott Bessent unveiled a sweeping new sanctions campaign he called an “economic D-Day,” warning countries and companies worldwide to sever financial ties with Iran or risk being cut off from the US dollar system entirely. The plan targets five sectors Tehran relies on for revenue — digital assets, technology, gold, aviation, and shipping — and comes alongside fresh sanctions on roughly 60 entities and vessels across several countries accused of helping Iran evade existing restrictions.

CIA Director’s Secret Moscow Trip Surfaces Amid Ukraine War

CIA Director John Ratcliffe made an unannounced visit to Moscow, meeting Russian intelligence counterparts rather than President Putin, according to the Kremlin. US officials reportedly asked Ukraine to pause long-range strikes on Moscow during the visit. Later reporting indicated Ratcliffe raised the possibility of a three-way summit between Trump, Putin, and Zelensky to help restart stalled peace talks. President Zelensky confirmed Washington briefed Kyiv on the substance of the meetings shortly afterward.

Syria Removed From US Terrorism Sponsor List After Nearly 47 Years

The State Department formally rescinded Syria’s designation as a state sponsor of terrorism, a label the country had carried since 1979, and lifted the terrorist designation on the group Hay’at Tahrir al-Sham. Secretary of State Marco Rubio cited steps taken by Syria’s government under President Ahmed al-Sharaa, who came to power after the fall of the Assad regime in late 2024, to distance the country from terrorism. The move clears one of the last major legal barriers to foreign investment in Syria’s postwar reconstruction.