The Pentagon has ordered the National Guard to create “quick reaction” forces in every state and territory by January that are trained and equipped to respond to riots and civil unrest within the U.S.

A memo dated Oct. 8 and signed by Maj. Gen. Ronald Burkett, Director of Operations for the National Guard Bureau, instructs National Guard units from nearly every U.S. state, as well as Puerto Rico and Guam, to train 500 service members for rapid deployment. According to reporting by Task

China's President Xi has made statements with Trump: Our trade teams have reached a basis for consensus

On October 30, 2025, President Xi Jinping met with U.S. President Donald J. Trump in Busan. President Xi said that, under the guidance of both leaders, the overall relationship between China and the United States has remained stable. He emphasized that the two countries should view each other as

Powell says AI is not the same as the dot-com bubble

The Federal Reserve cut interest rates by a quarter percentage point, bringing the benchmark rate down to a range of 3.75% to 4.00%. Policymakers cited rising risks to employment and weakening momentum in the labor market as key reasons for easing. The decision came as the U.S.

Powell has said that tariffs are pushing up inflation

The Federal Reserve cut interest rates by a quarter percentage point, bringing the benchmark rate down to a range of 3.75% to 4.00%. Policymakers cited rising risks to employment and weakening momentum in the labor market as key reasons for easing. The decision came as the U.S.

Fed's Powell: December cut is not for sure, far from it

The Federal Reserve cut interest rates by a quarter percentage point, bringing the benchmark rate down to a range of 3.75% to 4.00%. Policymakers cited rising risks to employment and weakening momentum in the labor market as key reasons for easing. The decision came as the U.S.

China buys three U.S. soybean cargoes ahead of Trump-Xi meeting

Reuters reporters Ella Cao and Naveen Thukral wrote that China’s state-owned COFCO has purchased three cargoes of U.S. soybeans, according to two trade sources. These are China’s first buys from the current U.S. soybean harvest, coming just ahead of a meeting between Donald Trump and Xi

CO2 growth rates have now tripled since the 1960s, and reached levels not seen in at least 800,000 years

Heat-trapping carbon dioxide in Earth’s atmosphere increased by the largest amount ever recorded last year, reaching levels not seen at any point in human civilization and drastically accelerating climate change, the United Nations weather agency reported Wednesday. In its annual greenhouse gas bulletin released ahead of the U.N.

There have been more than 170,000 layoffs this month

For example, United Parcel Service announced on Oct. 28 that it has reduced its workforce by 48,000 employees so far this year, with the majority of cuts coming from its operational staff. According to UPS’s 8-K filing, roughly 34,000 operational roles, including driver positions, were eliminated as

The Federal Reserve says it will end quantitative tightening, thus stop shrinking its balance sheet, by December first

The Federal Reserve lowered interest rates by a quarter point on Wednesday, marking its second rate cut in a row as policymakers attempt to stabilize a softening labor market. A month-long federal government shutdown has made assessing the economy more difficult. The move — widely anticipated on Wall Street — brings the

The Federal Reserve has cut rates by 25 BPS

The Federal Reserve lowered interest rates by a quarter point on Wednesday, marking its second rate cut in a row as policymakers attempt to stabilize a softening labor market. A month-long federal government shutdown has made assessing the economy more difficult. The move — widely anticipated on Wall Street — brings the

OpenAI is now a For Profit, public benefit corporation

OpenAI has finalized a recapitalization that restructures the organization by separating its AI research arm into a for-profit company owned by a non-profit foundation. The non-profit is now formally called the OpenAI Foundation, which retains control of the for-profit business — restructured as OpenAI Group, a public benefit corporation — according to

Trump floats Treasury secretary Scott Bessent as new Fed chair

Donald Trump said he is “considering” Scott Bessent as the next chair of the Federal Reserve, despite Bessent having previously ruled himself out of the running and being the one leading the search for Jay Powell’s successor. During a trip to Japan on Tuesday, Trump told business leaders in

73% of Americans think it’s a bad time to buy a house

A growing wave of economic pessimism is spreading across the United States. New survey results from Fannie Mae show that nearly 70% of Americans believe the economy is moving in the wrong direction, and an even larger share—73%—say now is a bad time to buy a home. The

UPS announced that it has eliminated roughly 14,000 management roles so far in 2025

United Parcel Service announced on Oct. 28 that it has reduced its workforce by 48,000 employees so far this year, with the majority of cuts coming from its operational staff. According to UPS’s 8-K filing, roughly 34,000 operational roles, including driver positions, were eliminated as part of

Ireland plans to make a $1,500 a month basic income for artists permanent

Ireland will make its basic income program for artists a permanent initiative beginning in 2026, following the conclusion of its multi-year trial. Under the plan, eligible artists will receive weekly payments of about $375—roughly $1,500 per month. The program will open 2,000 slots, with applications expected to

Trump said he could serve a third term in 2028 by first running as vice president and then assuming office if the sitting president were to step down

Donald Trump said Monday that he would not run for vice president in the 2028 election — an idea some supporters have floated as a workaround to let him serve a third term in the White House. Speaking to reporters aboard Air Force One on a flight from Kuala Lumpur, Malaysia,

SNAP funding expiration set to hit 40 million people

More than 40 million low-income Americans who rely on food assistance could soon receive reduced aid — or no aid at all — toward grocery expenses. The U.S. Department of Agriculture (USDA) is warning that it may withhold billions of dollars in Supplemental Nutrition Assistance Program (SNAP) contingency funding — money already

Trump says there will be ‘so much critical mineral and rare earth that you won’t know what to do with them'

Donald Trump and Australian Prime Minister Anthony Albanese have signed a new agreement aimed at achieving “critical mineral and energy dominance,” pledging billions of dollars toward mining and processing projects across the United States and Australia. Under the newly established Critical Minerals Framework, mining companies will be eligible to apply

Steve Bannon: Trump is gonna get a third term

Former White House strategist and MAGA podcast host Steve Bannon suggested in a recent interview that there is a plan for President Donald Trump to attempt to remain in office beyond the two-term limit set by the U.S. Constitution. “Trump is going to be president in ’28, and people

Zelle will allow users to start making international payments using stablecoins

Zelle will soon allow users to send money overseas using cryptocurrency, marking the first time the bank-owned payment network extends its reach beyond U.S. borders. “The effort marks an important step in expanding the reach of Zelle globally by leveraging stablecoins,” the company said Friday in a statement, referring

hina will make “substantial” purchases of US soybeans

The United States and China have reached an initial framework for a potential trade agreement that will be discussed when their leaders meet later this week, U.S. Treasury Secretary Scott Bessent said. Speaking to CBS, the BBC’s U.S. news partner, Bessent said the framework includes a “final

China’s Vice Minister of Commerce Li Chenggang has stated that China and the United States have reached a consensus on major trade issues following “frank and constructive” discussions

The United States and China have reached an initial framework for a potential trade agreement that will be discussed when their leaders meet later this week, U.S. Treasury Secretary Scott Bessent said. Speaking to CBS, the BBC’s U.S. news partner, Bessent said the framework includes a “final

Elon Musk's SpaceX may start providing satellite communications services for Apple

According to reports, Elon Musk’s SpaceX may soon provide satellite communication services for Apple’s (AAPL.US) iPhone. The report noted that to compete for potential future collaboration with Apple, SpaceX’s next-generation satellites are designed to be compatible with the radio frequency spectrum currently used by Apple’s

United States of America downgraded to AA- by Scope Ratings

German-based credit rating agency Scope Ratings on Friday lowered the sovereign credit rating of the United States from AA to AA-, citing a continued deterioration in public finances and a decline in governance quality. According to the agency’s report, the downgrade reflects persistently large federal deficits, an increasing burden

OpenAI has reportedly been taking steps to develop an AI that generates music

OpenAI, a leading artificial intelligence research and deployment company, is developing an advanced AI system designed to generate music from text or audio prompts. This initiative places OpenAI in direct competition with rising players in the AI music generation sector, including Suno and Udio, marking a major new step in