Matt Gaetz says he won't return to Congress next year

Former Florida Rep. Matt Gaetz, who withdrew from consideration as President-elect Donald Trump’s pick for attorney general on Thursday, announced on Friday that he will not return to Congress next year. “I’m still going to be in the fight, but it’s going to be from a new

Gen Z and young millennial employees are missing the equivalent of one day’s work every week due to mental health concerns

Gen Z and young millennial workers in Britain are losing the equivalent of a full workday each week due to mental health challenges, according to new research. A study by Vitality, a health and life insurance company with over 30 million members worldwide, revealed that the average U.K. employee

The 90-day auto delinquency rate is higher than the peak reached in 2009

Cathie Wood, CEO of Ark Investment Management, has sounded the alarm about rising auto loan delinquencies in the U.S., pointing out that the 90-day delinquency rate has now exceeded levels seen during the 2009 financial crisis. Her warning follows a concerning trend highlighted in recent data, showing a surge

Hiring in marketing is down 23% since 2018

The number of Americans filing new unemployment claims dropped to a seven-month low last week, signaling a potential rebound in job growth for November following a temporary slowdown caused by hurricanes and strikes. However, laid-off workers are taking longer to find new jobs, which could push the unemployment rate higher.

The average 401(k) balance for Americans aged 65 and older is $272,588 but the median is just $88,488

If retirement is approaching, there are some critical steps to take to ensure you're financially prepared. Chief among these is confirming you've saved enough to live comfortably—or at least having a plan in place that lets you sleep soundly at night. One way to get

Ukraine's former military Commander-in-Chief Valery Zaluzhny has said that World War III has started

Ukraine's former military Commander-in-Chief Valery Zaluzhny has said that World War III has started. Ukraine's former Commander-in-Chief Valery Zaluzhny declared that the involvement of Russia's authoritarian allies in its war against Ukraine signals the onset of World War III. "I believe that in

Elon Musk says Jeff Bezos to sell Tesla

Jeff Bezos responded to Elon Musk's accusation that he had predicted a Donald Trump loss in the 2024 election and suggested that shareholders should sell their Tesla and SpaceX stock. Musk, who is the CEO of both companies, made the claim in a post early this morning, stating

Donald Trump will make a $400,000 salary as president

Donald Trump has long boasted about his wealth, yet his true net worth remains a topic of debate. With his recent election to a second term as president, his financial status could undergo significant shifts. Presidential Salary and Business Ventures As president, Trump will earn an annual salary of $400,

The average U.S. household net worth is $1.06 million, but the median net worth is much lower, at $192,700

The Federal Reserve’s 2022 Survey of Consumer Finances offers a compelling snapshot of American wealth, revealing a sharp rise in the average household's net worth. The mean net worth reached $1.06 million, up 23% from $868,000 in 2019. While this figure suggests widespread prosperity, it

Matt Gaetz appears to have withdrew his name to be Trump's attorney general nominee

Former Republican Representative Matt Gaetz announced on Thursday that he is withdrawing his candidacy to serve as Attorney General in President-elect Donald Trump's administration. "I had excellent meetings with Senators yesterday," Gaetz wrote in a post on X (formerly Twitter). "I appreciate their thoughtful feedback

U.S. President Joe Biden has submitted to Congress a statement of intent to cancel half of Ukraine's economic aid debt, a sum of around $4.65 billion

The Biden administration has informed Congress of plans to cancel $4.65 billion in debt owed by Ukraine, according to a letter obtained by Bloomberg News. The move is part of a series of efforts to bolster Kyiv's support ahead of President-elect Donald Trump’s inauguration. The cancellation

SEC Chair Gary Gensler will leave the SEC on January 20

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is set to step down after spearheading efforts to regulate the crypto industry during his tenure. The SEC announced Thursday that Gensler will leave his role on January 20, 2025. In his statement, Gensler called his time at the agency

Putin open to discussing Ukraine ceasefire with Trump

Russian President Vladimir Putin has expressed willingness to discuss a ceasefire in Ukraine with U.S. President-elect Donald Trump, but insists on retaining occupied Ukrainian territory and demands that Kyiv renounce its NATO aspirations, according to five Kremlin insiders who spoke with Reuters. Trump, who has vowed to end the

Trump’s crypto council to set up US bitcoin strategic reserve

A wave of cryptocurrency firms, including Ripple, Kraken, and Circle, are vying for a spot on President-elect Donald Trump's proposed crypto advisory council, hoping to influence his plans to reshape U.S. digital asset policy, according to industry insiders. During a July bitcoin conference in Nashville, Trump pledged

Canadian PM Justin Trudeau announces that all Canadians making below $150,000 per year will receive a $250 cheque early next year

Prime Minister Justin Trudeau unveiled a series of measures on Thursday aimed at easing affordability challenges in the post-COVID era, including a temporary two-month GST holiday on select goods and services. The Liberal government also plans to issue $250 payments to 18.7 million Canadians who worked in 2023 and

Citron Research has taken a short position in MicroStrategy, $MSTR

Citron Research has raised concerns about MicroStrategy's current valuation, despite the software company's shares experiencing explosive growth driven by its Bitcoin-focused strategy. In a tweet on Thursday, the research firm reflected on its 2020 recommendation of MicroStrategy as a proxy investment for Bitcoin, recalling its price

Elon Musk's DOGE wants to 'delete' entire government agencies

Elon Musk and Vivek Ramaswamy, tapped by President-elect Donald Trump to lead a newly established task force on government spending, have proposed eliminating work-from-home policies for federal employees—a move likely to ignite tensions between the administration and government unions. “Mandating that federal employees return to the office five days

A federal judge said Kraft Heinz must face a proposed nationwide class action alleging that it defrauded consumers by claiming its Kraft macaroni and cheese, one of its best-known products, contains no artificial preservatives

A federal judge has ruled that Kraft Heinz must face a proposed nationwide class action lawsuit claiming it misled consumers by advertising its Kraft macaroni and cheese as free from artificial preservatives. In a decision issued on Wednesday, U.S. District Judge Mary Rowland stated that consumers from Illinois, California,

Robert Downey Jr has said that he: ‘will sue all future executives who make AI replicas of me’

Robert Downey Jr. is confident Marvel executives would not use artificial intelligence to recreate his portrayal of Tony Stark. However, if they did, he says he would take legal action—even beyond the grave. Appearing on the On With Kara Swisher podcast, the Oscar-winning actor stated his opposition to AI

The US Department of Education forecasts that by 2027, 70% of jobs will require schooling or training beyond high school

Elon Musk and Vivek Ramaswamy, newly appointed leaders of President-elect Donald Trump’s Department of Government Efficiency (DOGE), have voiced their support for a proposal to eliminate the Department of Education. Corey DeAngelis, a senior fellow at the American Culture Project and a prominent school choice advocate, shared on X

Jaguar has updated their logo and are planning a "declaration of intent"

British carmaker Jaguar has faced criticism following its diversity, equity, and inclusion (DEI) rebrand, alongside a drastic logo change and a cryptic new advertisement. On Tuesday, Jaguar unveiled a new logo and shared an ad filled with bold, colorful imagery on their social media platforms. The video featured models in

The US has vetoed a U.N. Security Council resolution calling for a cease-fire between Israel and Hamas in Gaza

The United States has vetoed a United Nations Security Council resolution that called for a ceasefire in Gaza, arguing it would have strengthened Hamas. The resolution sought “an immediate, unconditional, and permanent ceasefire” in the conflict between Israel and Hamas, as well as “the immediate and unconditional release of all

Trump team is considering creating the first-ever White House crypto role

President-elect Donald Trump’s team is exploring the creation of a dedicated White House position focused on cryptocurrency policy, according to individuals familiar with the transition discussions. The team is vetting candidates for what would be the first crypto-specific role in White House history, signaling the growing influence of the

Archegos Capital founder Bill Hwang was sentenced to 18 years in prison for fraud and market manipulation

The founder of Archegos Capital Management, Bill Hwang, was sentenced to 18 years in prison on Wednesday for securities and market manipulation fraud, a scheme that prosecutors said resulted in billions of dollars in losses for global investment banks. Hwang received the sentence in Manhattan federal court after expressing remorse

Billionaire Gautam Adani charged in New York with massive fraud

Gautam Adani, chairman of India’s Adani Group and one of the wealthiest individuals in the world, has been indicted alongside seven others in a New York federal court on charges related to a vast bribery and fraud scheme, U.S. authorities announced on Wednesday. The indictment accuses Adani and