Elon Musk is mounting a fierce campaign against President Donald Trump’s sweeping tax and policy bill, urging his more than 220 million followers on social media to pressure lawmakers and “KILL the BILL.” Musk, who officially stepped down from his role in the Trump administration on May 30, has

Elon Musk has sharply criticized President Donald Trump’s flagship tax and spending legislation, calling it a “disgusting abomination.” The bill—passed by the House of Representatives in May—features multi-trillion-dollar tax breaks, expanded defense spending, and provisions to raise the federal borrowing limit. “Shame on those who voted for

NYSE Arca on Tuesday submitted a Form 19b-4 filing to the U.S. Securities and Exchange Commission (SEC), seeking regulatory approval to list the Truth Social Bitcoin ETF. Spot bitcoin ETFs have surged in popularity since their debut in January 2024, attracting billions in investor inflows as market participants look

his summer, the U.S. Senate will deliberate and vote on a sweeping tax and spending proposal that the Trump administration has dubbed One Big Beautiful Bill. A key provision in the legislation is a 10-year moratorium on state or local AI laws. If enacted, the measure could upend efforts

A new research paper by Google Quantum AI scientist Craig Gidney suggests that cracking widely used RSA encryption may require 20 times fewer quantum resources than previously thought. Although the study does not specifically mention bitcoin (BTC) or other cryptocurrencies, it targets encryption techniques that underpin the security of crypto

Meta, the parent company of Facebook and Instagram, plans to enable advertisers to fully create and target campaigns using artificial intelligence tools by the end of next year—a move that has sent shock waves through the traditional marketing industry. Mark Zuckerberg’s Meta, which also owns WhatsApp, is aiming

President Donald Trump is preparing to unveil a branded cryptocurrency wallet and trading app, aiming to make digital asset investing more accessible—and distinctly Trump-themed—for his broad base of supporters. The initiative is designed to promote both the trading of major cryptocurrencies and the purchase of Trump’s own

Microsoft (MSFT) has laid off several hundred employees just weeks after carrying out its largest round of job cuts in years, as the tech giant looks to cut costs while maintaining significant investments in artificial intelligence. According to a Bloomberg report, more than 300 employees were notified on Monday that

A Texas bill nearing final approval would mandate warning labels on packaged foods—from Skittles to Mountain Dew—flagging ingredients that other countries have deemed “not recommended for human consumption.” Senate Bill 25, supported by U.S. Health and Human Services Secretary Robert F. Kennedy Jr., is awaiting Governor Greg

Until recently, Meta relied almost entirely on human reviewers to carry out what are internally referred to as privacy and integrity assessments. However, internal documents obtained by NPR reveal that up to 90% of these evaluations will soon be handled through automation. In effect, this means that key updates — such

Donald Trump may find himself in a tight spot over trade negotiations—especially if that spot involves the rare-earth minerals the U.S. is eager to secure. At the moment, China seems to be gaining the upper hand in the ongoing standoff over chips and rare earths. Adding to the

Significant layoffs are taking place at the Walt Disney Company as of Monday, impacting several hundred employees worldwide, according to information obtained by Deadline. Most of the affected roles are within Disney Entertainment, spanning departments such as film and television marketing, TV publicity, casting, and development. Additionally, some corporate finance

The “typical Canadian”—defined as someone earning the median income—currently pays an average income tax rate of just over 17%, combining both federal and provincial taxes. A planned tax cut is expected to lower that rate slightly, trimming it by about half a percentage point to just under 17%

The total value of homes currently listed for sale across the U.S. has reached $698 billion—a new record since Redfin began tracking this data in 2012. According to a report released Monday by the real estate platform, the combined worth of active listings has surged by 20.3%

The CEO of a major artificial intelligence firm is sounding the alarm about the potential for AI to cause a sharp rise in unemployment in the near future—warning that both policymakers and business leaders are unprepared for the scale of disruption that may lie ahead. “AI is beginning to

"A homebuilder client of ours chose to back out of a contract to purchase a vacant lot during their due diligence period," one industry professional explained. "They cited concerns over the uncertainty caused by tariffs, particularly regarding the cost of building materials. They’d rather wait and

A growing number of Americans are unable to earn enough to meet the costs of a basic standard of living, according to recent findings from the Ludwig Institute for Shared Economic Prosperity (LISEP). The report goes beyond traditional necessities like food and housing to include broader essentials such as access

Oil prices surged roughly 4% on Monday after OPEC+ chose to maintain its July output increase at the same level as in May and June. Brent crude futures rose by $2.28, or 3.6%, reaching $65.06 per barrel as of 13:35 GMT. U.S. West Texas Intermediate

As the Trump administration implemented significant federal spending cuts in various areas, it also directed substantial funding toward projects aligned with its priorities. Among these initiatives was the awarding of contracts reportedly worth hundreds of millions of dollars to the data analytics company Palantir, which has played a growing role

Defense Secretary Pete Hegseth issued a blunt warning to U.S. partners in Asia on Saturday, describing China as a significant and possibly imminent threat to regional stability. Speaking for the first time at the annual Shangri-La Dialogue in Singapore, Hegseth made clear the U.S. view of China’s

A growing number of Americans are falling behind on what it takes to maintain a basic standard of living, according to a new report from the Ludwig Institute for Shared Economic Prosperity (LISEP). The report goes beyond measuring whether people can afford essential items like food and shelter—it also

Donald Trump has accused China of “totally violating its agreement” with the U.S. on trade—just two weeks after both countries announced a deal—reigniting fears that the ongoing trade war may continue to destabilize the global economy. “I made a FAST DEAL with China in order to save

Language-learning app Duolingo has been going all-in on AI. Known for its green owl mascot, the company made headlines last year when it temporarily replaced its CEO with an AI avatar during an earnings call. Even more controversially, just last month, it announced that it would permanently replace its contract

Talk of a recession is intensifying, with a growing number of economists warning that Canada may already be entering the early stages of an economic downturn. U.S. President Donald Trump’s ongoing trade war has dampened business and consumer sentiment on both sides of the border, but in Canada,

Tinder is embracing the dating app world’s reputation for surface-level preferences by introducing a new feature that allows paying users to specify height preferences on their profiles. After a Reddit user shared a screenshot of the new height setting in the Tinder app, the company confirmed to TechCrunch that