Trump Threatens 25% Tariffs on EU, Claims Bloc Was "Formed to Screw the U.S." Donald Trump has threatened to impose 25% tariffs on the European Union, claiming the 27-nation bloc was “formed to screw the United States.” Speaking during his first Cabinet meeting on Wednesday, Trump said

Trump Declines to Comment on U.S. Policy Toward Taiwan President Donald Trump refused to comment on whether his administration’s policy includes preventing China from taking control of Taiwan by force, when asked by a reporter during a Cabinet meeting at the White House on Wednesday. “I never comment

Trump Signs Executive Order Strengthening Healthcare Price Transparency U.S. President Donald Trump signed an executive order on Tuesday aimed at strengthening price transparency in healthcare by directing federal agencies to strictly enforce a 2019 order issued during his first term. The order instructs the Departments of Treasury, Labor, and

Trump Announces $5 Million "Gold Card" Visa with Citizenship Path President Donald Trump announced Tuesday plans to introduce a "gold card" visa that offers a path to U.S. citizenship for $5 million, replacing the 35-year-old EB-5 investor visa program. “They’ll be wealthy and successful,

FDA Reinstates Fired Medical Device Reviewers Amid Industry Pushback Three FDA staffers, impacted by the recent terminations, spoke to the Associated Press (AP) under the condition of anonymity, citing plans to continue working at the agency and the lack of authorization to discuss internal decisions. This reversal highlights the chaotic

Household Debt Rises to $18.04 Trillion in Q4 2024 Total household debt in the U.S. increased by $93 billion (0.5%) in the fourth quarter of 2024, reaching $18.04 trillion, according to the latest report from the New York Federal Reserve’s Consumer Credit Panel. The report

A growing share of U.S. homeowners with mortgages are carrying interest rates of 6% or higher—the largest percentage since 2016—according to a new report from Redfin. More Homeowners Facing Higher Rates Nationwide, 17.2% of homeowners with mortgages now have an interest rate of at least 6%

Companies are falling behind on loan payments at the fastest pace in nearly eight years, raising concerns among credit analysts that tariffs could put even more pressure on corporate finances. Rising Corporate Loan Delinquencies Despite a still-strong economy and steady consumer spending, businesses are struggling under persistently high interest rates.

For more than two years, U.S. farmers have been battling a deadly strain of bird flu that continues to disrupt the nation's egg supply. Since October, widespread outbreaks across multiple states have severely impacted egg-laying hen populations. With supply dwindling, consumers are facing soaring prices, purchasing limits,

"America is about to enter an apartment crunch," per BI. "The supply of new apartments is drying up — and that's going to drive up your rent." U.S. single-family home construction took a sharp downturn in January, as snowstorms and freezing temperatures disrupted building

Federal buildings across the U.S. have been directed to shut down electric vehicle charging stations, according to a source familiar with the decision. The move marks the latest rollback of pro-EV policies under President Donald Trump’s administration. The General Services Administration (GSA), which manages federal properties and vehicle

After two months of tracking, scientists have nearly ruled out any risk from asteroid 2024 YR4, NASA and the European Space Agency (ESA) confirmed on Tuesday. Initially, the asteroid was considered a potential threat, with a roughly 3% chance of striking Earth in 2032—placing it at the top of

Apple is reportedly in the final stages of selecting component suppliers for its upcoming foldable iPhone, with the process expected to conclude by April, according to Korean news outlet ETNews. This timeline suggests Apple is edging closer to mass production, with large-scale manufacturing of key components likely to begin in

Robinhood (HOOD) co-founder and CEO Vlad Tenev expressed optimism on Tuesday about the possibility of stablecoin legislation passing this year. When asked on Yahoo Finance’s Opening Bid podcast whether lawmakers would push through stablecoin regulations in 2025, Tenev responded, “I think so.” He pointed to the fact that a

Borrowers with government-backed home loans are falling behind on payments at an increasing rate, signaling potential financial strain for lower-income Americans in today’s economy. Delinquency rates for Federal Housing Administration (FHA) and Veterans Affairs (VA) loans climbed to 11.03% and 4.7%, respectively, by the end of last

As President Donald Trump continues an unprecedented downsizing of the federal workforce, the DMV region is bracing for a sharp rise in unemployment. Just weeks into Trump’s aggressive push to cut government jobs, experts warn that this may only be the beginning of a wave of layoffs impacting the

Beneath the streets of London, inside the fortified vaults of the Bank of England, a real-life financial thriller is playing out. These vaults, home to one of the world’s largest gold reserves, have become the center of a sudden and dramatic shift. In recent weeks, an urgent wave of

A market note highlighting a potential slowdown in Microsoft's data center leasing caught investors' attention on Monday, reinforcing concerns that the AI-driven stock surge may be overstated. Analysts at TD Cowen reported Friday that Microsoft had scrapped significant data center lease agreements in the U.S., hinting

President Donald Trump confirmed that tariffs on Canada and Mexico are set to take effect next month as planned, following an initial delay intended to give both countries time to address his concerns over border security. “The tariffs are going forward on time, on schedule,” Trump said Monday during a

Nearly half of hiring managers—45%—say Gen Z is the most difficult generation to work with, according to a recent survey from Resume Genius. And that sentiment isn’t just coming from older colleagues. The same percentage of Gen Z hiring managers—45%—admitted that their own generation is

A surge in housing supply has led to a sharp rise in homeowners pulling their listings off the market, as there aren’t enough buyers to match the growing number of sellers. In December, the number of delisted homes soared 64% from the previous year to 73,000, the highest

Apple announced plans to invest $500 billion in the U.S. over the next four years, which will include the construction of a large AI server factory in Texas and the creation of around 20,000 research and development jobs nationwide. This investment covers a range of areas, from purchasing

As part of his ongoing effort to expose what he calls government waste, fraud, and abuse, President Donald Trump recently rattled off a list of taxpayer-funded initiatives: $19 million for biodiversity in Nepal; $10 million for male circumcision in Mozambique; $14 million for social cohesion in Mali. “Forty-two million for

Florida Gov. Ron DeSantis said Monday that he isn't necessarily backing President Donald Trump’s pick to succeed him, Rep. Byron Donalds, R-Fla., and acknowledged the speculation that his wife, Casey DeSantis, might enter the race next year. Donalds has yet to formally declare his candidacy for Florida’

DOGE has entered what one senior USAID official describes as "God mode." According to this source, Elon Musk’s Department of Government Efficiency now possesses full, unrestricted access to the agency’s digital infrastructure—including absolute control over systems relied upon by Americans in conflict zones, the ability