As Trump Slams Goldman, Economists Warn Tariff Hikes Will Fuel Inflation
Goldman Sachs has faced sharp criticism for warning that higher tariffs will soon lead to stronger consumer inflation. But across Wall Street, many economists share the same outlook. Investors reacted…
Trump Weighs 11 Contenders for Fed Chair, Including David Zervos and Rick Rieder
The Trump administration is evaluating 11 potential candidates to succeed Federal Reserve Chairman Jerome Powell when his term ends in May. According to two administration officials familiar with the matter,…
Sam Altman, OpenAI Said to Support Startup Rivaling Musk’s Neuralink
OpenAI CEO Sam Altman is reportedly working to launch a new brain-to-computer interface company, Merge Labs, with early funding discussions involving OpenAI’s ventures team, according to unnamed sources cited by…
Trump Threatens Fed Chair Powell With ‘Major Lawsuit,’ Urges Rate Cut
President Donald Trump on Tuesday threatened to let a “major lawsuit” proceed against Federal Reserve Chairman Jerome Powell, intensifying his push for lower interest rates. Trump said the potential suit…
Trump to Nominate E.J. Antoni as Bureau of Labor Statistics Commissioner
President Donald Trump announced Monday that he will nominate economist E.J. Antoni to serve as commissioner of the Bureau of Labor Statistics (BLS). Antoni would succeed Erika McEntarfer, who was…
Truth Social’s AI Search Disagrees With Trump on Some Topics
Less than a week after the launch of Truth Search AI, a new Perplexity-powered search engine from Trump Media and Technology Group, the tool is already generating answers that contradict…
Trump Warns Courts Not to Overturn Tariffs, Calls Them ‘Huge Positive’ for Markets
President Donald Trump on Friday warned U.S. courts against striking down his tariff policy, saying such a move would undo what he describes as historic gains for the American economy.…
South Korea Embarks on Ambitious AI Journey to Compete Globally
South Korea has enlisted some of its largest corporations and promising startups to create a national foundational AI model built primarily on domestic technology. The initiative is part of Seoul’s…
Trump Takes Executive Action Against Race-Based University Admissions
President Donald Trump issued an executive memorandum on Thursday directing the Education Secretary to broaden the scope of admissions data reported by colleges and universities. The goal is to enhance…
Trump Vows 100% Tariff on Chips Unless Manufactured in the U.S.
President Donald Trump announced Wednesday that the U.S. will impose a 100% tariff on imports of semiconductors and chips, but companies manufacturing these products within the United States will be…
Apple and Trump Announce $100 Billion U.S. Spending Expansion, Including $2.5 Billion iPhone Glass Factory
Apple CEO Tim Cook and President Donald Trump announced on Wednesday that Apple will invest an additional $100 billion in U.S. companies and suppliers over the next four years. This…
Canada Advocates for Inclusion of Indigenous Rights in UN Plastics Treaty
Delegates from over 170 countries have gathered in Geneva to resume negotiations on an international treaty aimed at ending plastic pollution by 2040. The treaty, originally scheduled to be finalized…
Dinner for Trump Officials to Discuss Epstein Reportedly Rescheduled Amid Media Scrutiny
A dinner planned for Wednesday night at Vice President JD Vance’s residence was viewed by insiders as an opportunity for officials in the Trump administration to realign over tensions stemming…
Brazil’s President Says Tariff Talks with Trump Are Pointless: ‘I Won’t Humiliate Myself’
As U.S. tariffs on Brazilian goods jumped to 50% on Wednesday, Brazil’s President Luiz Inacio Lula da Silva told Reuters he saw no room for direct talks with President Donald…
Trump Indicates Vance as Likely Successor to MAGA Movement, His Strongest Endorsement Yet
President Donald Trump indicated Tuesday that Vice President JD Vance is “most likely” the successor to the Make America Great Again (MAGA) movement, marking his strongest endorsement of Vance as…