Trump signs tariffs of 25% on steel and aluminum that will apply to all countries

President Donald Trump announced plans to impose a 25% import tax on all steel and aluminum entering the United States, a move expected to hit Canada the hardest. Trump also mentioned there would be an announcement later in the week regarding reciprocal tariffs on countries that tax U.S. imports.

Elon Musk says Department of Education no longer ‘exists'

Members of Elon Musk’s government efficiency team have obtained administrator-level email accounts at the Department of Education, just as President Donald Trump announced that the billionaire would soon be closely examining the agency. The rapid deployment of Musk’s aides across multiple agencies has sparked concern among federal officials,

President Donald Trump suggested that Elon Musk’s government efficiency team has found irregularities in US treasuries

President Donald Trump hinted that Elon Musk’s government efficiency team may have discovered irregularities while reviewing data at the U.S. Treasury Department, suggesting it could lead the U.S. to disregard some payments. “There could be a problem, you’ve been reading about that, with Treasuries,” Trump told

Trump says he will announce reciprocal tariffs on Tuesday or Wednesday, and they will go into effect almost immediately

President Donald Trump announced plans to impose a 25% import tax on all steel and aluminum entering the U.S., a decision expected to hit Canada the hardest. Trump added that he would unveil details later in the week about reciprocal tariffs on countries that tax U.S. imports. However,

Over 65,000 federal employees have accepted buyout offers under a plan by President Donald Trump

A U.S. judge on Thursday temporarily halted the Trump administration’s proposed federal worker buyout program until at least Monday, granting an initial victory to labor unions that filed a lawsuit to stop it. Despite the stay, more than 60,000 federal employees have already accepted the buyout offer,

19-year-old DOGE staff are having 15-minute interviews with federal workers to "prove their value" before a decision is made on whether they will be let go or not

Elon Musk’s Department of Government Efficiency (DOGE) team members have reportedly obtained “administrator” email accounts at the Department of Education, coinciding with President Donald Trump’s announcement that Musk will be closely examining the agency. The rapid placement of Musk’s team members across various federal agencies has sparked

Trump is working to eliminate a controversial loophole that has long allowed Wall Street’s überwealthy to evade millions of dollars in taxes every year

President Donald Trump is launching a renewed push to close a controversial tax loophole that has long allowed some of Wall Street’s wealthiest investors to avoid paying millions in taxes each year. The focus is on a provision known as “carried interest,” which benefits private equity managers, hedge fund

Elon Musk said he isn’t interested in buying TikTok

He made his first public comments about potentially buying TikTok at a conference in Germany last month, hosted by Mathias Doepfner, the billionaire CEO of German media giant Axel Springer. “I have not made a bid for TikTok,” Musk said during the conference, appearing via video. His remarks were made

The US has approved a $6.75 billion foreign military sale to Israel

The U.S. State Department formally notified Congress on Friday of its plan to sell more than $7.4 billion in weapons to Israel, just days after President Donald Trump welcomed Israeli Prime Minister Benjamin Netanyahu to the White House. The proposed sale includes two separate deals. The first, valued

Trump has revoked Joe Biden’s security clearances

US President Donald Trump announced that he is revoking Joe Biden’s security clearance and access to daily intelligence briefings, citing precedent set by his predecessor four years ago. “There is no need for Joe Biden to continue receiving access to classified information,” Trump posted on his Truth Social platform.

Robert F Kennedy JR, who is in the running to serve as health and human services secretary, revealed he was carrying up to $1.2 million in credit card debt

Americans’ credit card balances hit an all-time high of $1.17 trillion in 2024 — and even wealthy individuals aren’t immune from accumulating significant debt. One notable example is Robert F. Kennedy Jr., President Donald Trump’s nominee for Health and Human Services secretary, who recently disclosed credit card debt

Roblox, RBLX, the video-game service used by millions of young people, is part of an active investigation by the SEC

In response to a Freedom of Information Act (FOIA) request, the Securities and Exchange Commission (SEC) said in a letter on Friday that it couldn’t release internal correspondence mentioning Roblox, citing potential harm to an “ongoing enforcement proceeding.” “We have confirmed with Division of Enforcement staff that there are

Google, $GOOGL, CEO Sundar Pichai made more than $218 million in the form of stock awards, according to recent company securities filing

Sundar Pichai is thriving in his role as CEO of Alphabet Inc. (GOOGL), the parent company of Google. Pichai stepped into the position in December 2019 after company co-founders Larry Page and Sergey Brin decided to step back from daily operations at both Alphabet and its main subsidiary, Google. This

Trump says DOGE will look into the Pentagon spending

President Donald Trump announced Friday that the Department of Government Efficiency, led by Elon Musk, will be reviewing the budgets of the Pentagon and the Department of Education to identify and eliminate wasteful spending. Speaking at a joint press conference with Japanese Prime Minister Shigeru Ishiba, Trump said the billionaire&

The European Union has decided to lower tariffs on American car imports as a strategic move to prevent a trade war with the United States

The European Union is rushing to lower taxes on American cars in an effort to prevent a trade war with Donald Trump. Brussels is planning to reduce the 10% tariff on U.S. car imports to bring it closer to the 2.5% tariff that the U.S. charges on

One-third of eighth grade students scored below “basic” in reading, more than ever in the history of the nation's report card assessment

American students continue to fall behind in reading and have made little progress in math since the COVID-19 pandemic, according to the latest results from the National Assessment of Educational Progress (NAEP), also known as the nation’s report card. The report highlights the ongoing challenges facing U.S. schools,

Trump orders states to halt EV charging programs

The Trump administration has directed states to halt a program to build high-speed EV chargers along highways nationwide, according to a memo from the Federal Highway Administration (FHWA). The memo informs state transportation officials that any EV infrastructure plans previously approved under the Biden administration are now suspended "until

Trump has told the head of the Federal Election Commission that she's been fired, but she's refusing to leave office

Federal Election Commission (FEC) Chair Ellen Weintraub said Thursday that President Donald Trump attempted to remove her from the commission, but she indicated she won’t comply, calling the move legally invalid. Weintraub shared a letter on X with Trump's signature, dated January 31, which stated, "You

Trump says will sign executive order to end paper straws

President Trump said Friday he will sign an executive order next week to reverse the Biden administration's plan to phase out plastic straws in the federal government by 2027. This move is part of Trump’s broader effort to roll back Biden-era environmental programs. Previously, Trump withdrew the

Donald Trump is not joking about making Canada the 51st state

Prime Minister Justin Trudeau said U.S. President Donald Trump isn’t joking—Trump’s suggestion to make Canada the 51st state is a “real thing,” motivated in part by his interest in accessing Canada’s critical minerals, according to a source who heard Trudeau’s remarks during a closed-door

White House says Trump will provide the largest tax cut in history for middle class working Americans

President Donald Trump outlined his tax priorities to a group of House Republican lawmakers at the White House on Thursday, revisiting proposals to raise taxes on some financial elites and eliminate tax breaks for sports team owners. Trump also reaffirmed his campaign promises to extend expiring provisions from his 2017

Trump has released reported tax plan, including no tax on tips, Social Security for seniors, or overtime pay

President Donald Trump outlined his tax priorities to a group of House Republican lawmakers at the White House on Thursday, revisiting proposals to raise taxes on some financial elites and eliminate tax breaks for sports team owners. Trump also reaffirmed his campaign promises to extend expiring provisions from his 2017

Trump says he will sanction the ICC for seeking the arrest of Israeli PM Netanyahu

President Donald Trump signed an executive order imposing sanctions on the International Criminal Court (ICC), accusing it of "illegitimate and baseless actions" targeting the United States and its ally Israel. The order enforces financial and visa restrictions on individuals and their families who support ICC investigations into American

Trump has signed an executive memo ordering a review of funding to all NGOs that rely on federal dollars

U.S. President Donald Trump on Thursday signed an executive memo ordering a review of funding to all non-government organizations that rely on federal dollars. President Donald Trump’s administration plans to retain fewer than 300 employees at the U.S. Agency for International Development (USAID) out of a global

The Trump administration to keep just 294 USAID staff from the original 10,000

President Donald Trump’s administration plans to retain fewer than 300 employees at the U.S. Agency for International Development (USAID) out of a global workforce of more than 10,000, four sources told Reuters on Thursday. The primary U.S. humanitarian aid agency has been a target of a