TikTok Signs Agreement to Sell Its U.S. Operations TikTok’s Chinese parent company, ByteDance, has signed a deal to transfer control of its U.S. operations to a joint venture led by American and global investors, wrapping up a years-long regulatory saga that began with threats of a U.

House Democrats Move to Force Vote on Stock Trading Rules House Democrats are mounting a discharge petition to bring a package of stock trading and ethics reforms to the House floor, bypassing traditional leadership bottlenecks. The effort comes as pressure mounts for stronger oversight after recent controversies involving members’ personal

Taiwan Says U.S. Has Started $11.1B Arms Sale Process Taiwan’s government says the United States has initiated the formal procedure for a potential $11.1 billion arms sale, a multi-billion-dollar defense package that would include advanced weaponry and systems. The announcement underscores ongoing geopolitical tension in the

Trump Signals Preference for Lower Interest Rates in Next Fed Chair Former President Donald Trump said he wants the next Federal Reserve chair to believe in significantly lower interest rates, signaling a preference for easier monetary policy. Trump’s comments add another voice to the ongoing debate over the future

See the full posts here: https://justice.gov/epstein They are only partially released. They were expected at 3. Meanwhile, Congress prepares to adjourn for the year, senators are mounting a final push to pressure the Trump administration to comply with a new law requiring the release of government files

Trump Administration, Venezuela, and Chevron Escalation Tension between the U.S. government and Venezuela over oil has intensified, with the Trump administration signaling a blockade of Venezuelan oil tankers and legal battles over seized assets tied to Chevron. This dispute underscores how geopolitical friction in a key oil-exporting region can

Trump Proposes Military Bonuses and Housing Reform to Address Cost Pressures Donald Trump has unveiled a set of proposals designed to address public anxiety over living costs, including one-time military bonuses for service members and a series of housing reforms intended to ease price pressures in the property market. The

CDC Approves Expanded Hepatitis B Vaccine Policy The U.S. Centers for Disease Control and Prevention (CDC) has agreed to advisory panel recommendations that represent a significant policy shift on hepatitis B vaccination. Under the new policy direction, all adults will be recommended to receive the hepatitis B vaccine — a

Trump Administration Seeks Private Funding for New “Trump Accounts” The Trump administration has launched a campaign encouraging ultra-wealthy individuals and corporations to support “Trump Accounts,” a federal initiative that creates tax-advantaged investment accounts for children born under current policy. Under the framework, the U.S. Treasury deposits $1,000 into

Lawmakers Voice Concerns About AI Data Centers and Power Demand U.S. lawmakers are highlighting the growing strain that artificial intelligence data centers are placing on regional electricity grids. As the demand for compute capacity skyrockets — driven by AI training and inference workloads — data centers are consuming energy at a

Trump Considers Executive Order to Reschedule Marijuana Former President Donald Trump is reportedly considering an executive order that would reschedule marijuana at the federal level, potentially changing how the U.S. government classifies cannabis under federal law. Rescheduling could ease some of the strict regulatory constraints on banking, taxation, and

Nvidia Plans Major Investment in Israel Data Center Infrastructure Nvidia is preparing to invest roughly $1.5 billion in what would become Israel’s largest server farm — a facility expected to house next-generation Blackwell AI processors and a new supercomputer supporting advanced AI workloads. The facility will be located in

Ray Dalio Calls Gold the “Safest Form of Money” Ray Dalio, founder of Bridgewater Associates and one of the most followed macro investors, has reiterated his long-standing view that gold remains the safest form of money over the long term. He argues that gold’s historical role as a hedge

McKinsey Cuts Thousands of Jobs as Demand Slows Global consulting giant McKinsey & Company has announced significant layoffs affecting thousands of employees, reflecting a slowdown in demand for consulting services among corporate clients. After years of strong growth driven by digital transformation, cost optimization projects, and strategic advisory work, the

Trump Orders Blockade of Venezuelan Oil Tankers The Trump administration has issued an order to enforce a blockade of oil tankers entering or leaving Venezuela, targeting the country’s oil exports as part of a broader effort to pressure the Venezuelan government and disrupt financial flows tied to sanctioned entities.

Coinbase Shifts Incorporation to Texas Coinbase, one of the largest cryptocurrency exchanges in the United States, has officially changed its state of incorporation to Texas from its previous jurisdiction. This move underscores a broader trend among major digital-asset firms seeking regulatory clarity, favorable business environments, and strategic positioning amid ongoing

OpenAI Explores Major AI Chip Partnership With Amazon OpenAI is in talks with Amazon that could result in at least $10 billion of spending on Amazon’s AI chips and infrastructure. If finalized, the deal would reduce OpenAI’s reliance on a single cloud provider and reshape how high-end AI

Treasury Signals Bigger Tax Refunds for Next Year Treasury official Scott Bessent said Americans could receive very large tax refunds early next year, citing withholding dynamics and income trends that may leave households over-withheld on taxes. If realized, the refunds would arrive at a moment when consumers remain sensitive to

U.S. Labor Market Shows Clear Signs of Softening Recent labor data indicates that U.S. employment is losing momentum, with job losses continuing to accumulate over recent months. While total employment remains elevated compared with historical levels, the trend points to a steady cooling rather than resilience. The breadth

Lawmakers Warn Data Centers Are Pressuring Power Grids Senate Democrats are warning that the rapid expansion of data centers — driven by cloud computing and AI — is placing increasing strain on the U.S. power grid and contributing to higher electricity prices for consumers. The concern centers on how large-scale data

U.S. Job Losses Accelerate, Signaling Labor Market Cooling Recent employment data shows the U.S. labor market is losing momentum, with hundreds of thousands of jobs disappearing since the start of the year. While headline employment levels remain historically high, the trend points to a gradual but persistent cooling.