The Consumer Technology Association (CTA) has released new projections on how much more Americans may pay for tech products if President-elect Donald Trump implements proposed import tariffs. The study examines two potential scenarios: one where a global 10% import tariff is imposed alongside an additional 60% tariff on imports from

TikTok plans to disable its app for U.S. users starting Sunday, aligning with a potential federal ban on the platform unless the Supreme Court intervenes to block the law, sources familiar with the situation revealed. Unlike the legislation, which would prohibit new TikTok downloads from Apple and Google app

AI requires massive resources—spanning water, energy, and an estimated $1 trillion in investments—but Elon Musk has highlighted another crucial bottleneck: the depletion of human-generated data needed for training. Speaking with Stagwell CEO Mark Penn in an interview streamed on X, Musk explained that AI systems learn by consuming

Sean Duffy, President-elect Donald Trump’s nominee to lead the U.S. Department of Transportation, expressed support for electric vehicle (EV) owners contributing financially to road maintenance during his Senate Commerce Committee confirmation hearing on Wednesday. “How to do that, I think, is a little more challenging,” Duffy admitted, acknowledging

A ceasefire agreement has been finalized to bring an end to 15 months of conflict in the Gaza Strip, President Joe Biden and Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani announced. Qatar, which hosted weeks of intense negotiations, played a pivotal role in mediating the deal. The

The U.S. Food and Drug Administration (FDA) has officially banned the use of red dye No. 3 in food and ingested drugs, more than three decades after scientists identified links between the dye and cancer in animal studies, the agency announced on Wednesday. Red dye No. 3, a synthetic

The context: Under the plan, even people who have already downloaded the app won't be able to keep using it, according to people familiar with the matter. Users will instead see a pop-up message directing them to a website with information about the ban. However, TikTok will allow

U.S. Secretary of State Antony Blinken stated that negotiations for a Gaza ceasefire were "on the brink," with reports suggesting the warring sides were nearing an agreement. Envoys from the Biden administration and the incoming Trump administration joined what was described as the “final round” of talks,

The Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk on Tuesday in federal court, alleging that he misled shareholders during his acquisition of Twitter stock in 2022, prior to taking over the company. The SEC claims Musk violated federal securities laws by failing to disclose his purchase

Elon Musk, CEO of Tesla and SpaceX, is expected to secure office space at the White House as he prepares to head the newly established Department of Government Efficiency (DOGE), according to recent reports. Musk may set up operations in the Eisenhower Executive Office Building, located adjacent to the West

President-elect Donald Trump is preparing to issue over 100 executive orders starting on Day One of his presidency, launching a sweeping agenda focused on border security, deportations, and a range of other policy priorities. During a private meeting with Republican senators on Capitol Hill, Trump outlined the planned actions, many

The House has voted to pass legislation restricting transgender women from participating in women's school athletics programs. On Tuesday, House Republicans passed a bill aimed at barring transgender student-athletes from participating in girls’ sports, elevating the contentious issue following an election cycle where it frequently appeared in GOP

This is a sponsored post by Polymarket. Traders are betting odds that Trump acquires Greenland are up to 16%, per Polymarket. President-elect Donald Trump's Republican allies in the U.S. House of Representatives are working to gather support for a bill authorizing negotiations to purchase Greenland, according to

President-elect Donald Trump announced plans on Tuesday to establish a new government agency, the External Revenue Service, tasked with collecting tariffs, duties, and other revenues from foreign sources. The announcement comes as Trump prepares to implement new import tariffs after his inauguration next week. Trump shared his intentions on social

The Consumer Financial Protection Bureau (CFPB) has accused Capital One Financial Corp. of misleading customers by offering a higher interest rate on a new savings account while excluding existing accounts from the same benefit. In a lawsuit filed Tuesday in the U.S. District Court for the Eastern District of

Spain is planning to introduce a tax of up to 100% on the value of properties purchased by non-residents from countries outside the European Union, such as the UK. Prime Minister Pedro Sánchez announced the proposal, calling it an "unprecedented" measure to address the country’s housing crisis.

The electric vehicle (EV) revolution isn’t on its way—it’s already here, and nowhere is this more apparent than in China. In just a few years, the world’s largest automotive market has upended the dominance of internal combustion engine (ICE) vehicles. Sales of EVs, plug-in hybrids (PHEVs)

As more major employers push for a return to the office, employees who prefer working from home have sometimes reacted strongly against these mandates. Some companies are responding by offering remote or hybrid work options to attract new hires. However, there’s often a trade-off: flexible work arrangements come with

Investing early is the most effective way to ensure your retirement savings stay on track, according to Americans. This insight comes from CNBC’s August 2024 Your Money retirement survey conducted with SurveyMonkey, which revealed that just 37% of non-retired Americans feel they are “on schedule” or “ahead of schedule”

In the U.S., hourly wage growth for 16- to 24-year-olds recently surged by 13% year-on-year, compared to 6% for workers aged 25 to 54. This marks the highest "young person premium" recorded since reliable data collection began (see chart 3). In the UK, where youth pay is

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President Joe Biden announced Monday that federal aid is being directed to Los Angeles as California grapples with its worst wildfires in state history. Containment efforts vary, with progress reported at 14% in Pacific Palisades and full containment achieved in Ventura. Biden and senior officials convened Monday night to discuss

California Democrats have reached a $50 million agreement to bolster state and local legal defenses against the incoming Trump administration, just one week before the president-elect's inauguration. Half of the funding is earmarked to counter any potential mass deportation efforts that the new administration might implement early in

Read its press release: Walmart (WMT) - the American multinational retail corporation has announced a comprehensive brand refresh that highlights its transformation into a people-led, tech-driven omnichannel retailer. The company has introduced an updated look that reflects both its heritage and innovation. As the company has expanded, its commitment has

The devastating California wildfires have reportedly led to illegal price gouging by landlords who are significantly raising rental prices for the tens of thousands of displaced residents, according to U.S. media reports. Since the wildfires began last Tuesday, over 150,000 residents have been evacuated from the Los Angeles