President Trump on Thursday suggested cutting off government contracts with Elon Musk’s companies, as their once-warm relationship continues to unravel in a very public fashion. In a post on Truth Social, Trump said Musk had been “wearing thin” and claimed he asked the tech billionaire to exit his administration.

President Trump on Thursday suggested cutting off government contracts with Elon Musk’s companies, as their once-warm relationship continues to unravel in a very public fashion. In a post on Truth Social, Trump said Musk had been “wearing thin” and claimed he asked the tech billionaire to exit his administration.

On June 5, 2025, Elon Musk escalated his public feud with President Donald Trump by alleging that Trump is named in the unreleased Jeffrey Epstein files. Musk made this claim on his social media platform X, suggesting that the inclusion of Trump's name is the reason these documents

ongressional budget analysts say President Trump’s tariffs could generate trillions in federal revenue over the next decade—more than enough to offset the additional deficit expected from a sweeping budget bill passed by the House last month. During a visit to a U.S. Steel plant in West Mifflin,

Congressional budget analysts say President Trump’s tariffs could generate trillions in federal revenue over the next decade—more than enough to offset the additional deficit expected from a sweeping budget bill passed by the House last month. During a visit to a U.S. Steel plant in West Mifflin,

Amazon (NASDAQ:AMZN) has announced a $10 billion investment to expand its AWS data center operations in North Carolina, highlighting the tech giant’s deepening focus on artificial intelligence infrastructure. The major expansion project will bring approximately 500 high-skilled supply-chain jobs to Richmond County, located between Charlotte and Fayetteville. Governor

U.S. President Donald Trump on Wednesday renewed his public pressure on Federal Reserve Chair Jerome Powell to lower interest rates, citing a disappointing May jobs report from payroll processor ADP. “ADP number out. ‘Too Late’ Powell must now lower the rate. He is unbelievable. Europe has lowered nine times,

Hamptons rentals have dropped 30% compared to the same period in prior years, according to Judi Desiderio of William Raveis Real Estate. Brokers dealing in the ultra-luxury segment report even steeper declines—some say their rental activity is down by 50% to 75%. “People are holding on to their money,

Last month, the federal government resumed collections on defaulted student loans, affecting millions of borrowers. Among them, an estimated 452,000 people aged 62 and older had loans in default, according to a January report from the Consumer Financial Protection Bureau (CFPB). However, the Department of Education has not resumed

Nearly 75% of all restaurant traffic now occurs off-premises — meaning that almost three out of every four restaurant orders are for takeout, delivery, or drive-thru. According to the National Restaurant Association’s 2025 Off-Premises Restaurant Trends report, off-premises dining has shifted from a growing convenience to both a consumer expectation

Deutsche Bank’s Peter Hooper argues that reversing the dollar’s 40% inflation-adjusted rise since 2010 could potentially eliminate the U.S. trade deficit — a persistent challenge for the economy. So far in 2025, the dollar has declined by 8.3%, driven largely by investor concerns over the Trump administration’

Across Florida, condo prices have declined between 1% and 6% year-over-year each month since July 2024, with a 3% drop recorded in February alone, according to Florida Realtors. Older buildings have been hit hardest. Properties over 30 years old have lost 22% of their value over the past two years,

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%