Economy

Mark Zuckerberg’s Meta has requested a Los Angeles judge to set aside the jury verdict that found the company liable for causing a young woman’s mental health problems, in what represents a pivotal case examining whether social media companies deliberately designed addictive platforms that harm young Americans.

The Trump administration’s Administration for Children and Families (ACF) is calling out Minnesota Gov. Tim Walz (D) for hypocrisy as his state is among those diverting the Social Security Survivor Benefits of orphaned children to pay for child welfare costs.

A social media user successfully manipulated Elon Musk’s AI chatbot Grok into helping him scam a second AI chatbot into transferring $200,000 worth of cryptocurrency by sending hidden instructions encoded in Morse code.

Very rarely have jobless claims ever been this low in modern America.

Border Czar Tom Homan told CBS that President Donald Trump is talking to his advisors about offering some form of “legal status” to many illegal migrants.

New York City (NYC) Mayor Zohran Mamdani (D) doubled down on his “Tax the Rich” plan as hedge fund CEO Ken Griffin has expressed interest in furthering his Miami investments.

A new economics paper puts its finger on something that American workers have felt for years: it has become much harder to use one job as a springboard to a better one.

Sixty-one percent of Americans are worried that “native-born Americans are losing their economic, political, and cultural influence” because of immigration, according to an April poll by the Associated Press. 

The Department of Homeland Security has restarted processing visas for thousands of foreign doctors from 39 high-risk countries who have been hired by U.S. hospitals.

The Trump administration released a report on Tuesday that estimated that President Donald Trump’s deals with pharmaceutical companies would save $529 billion over the next ten years.

Anthropic, the AI giant President Donald Trump has described as “leftwing nut jobs” has agreed to spend $200 billion with leftist giant Google over the next five years for cloud computing services.

Meta and its CEO Mark Zuckerberg are facing a lawsuit from five major publishers and author Scott Turow alleging the company illegally copied millions of copyrighted works to train its AI systems. According to the lawsuit Zuckerberg personally authorized the process.

The average is $1.12 more than drivers were paying a year ago.

Lawyers representing Elon Musk questioned OpenAI President Greg Brockman about his massive $30 billion fortune gained from the supposed charity during testimony in the ongoing trial between Musk and OpenAI kingpin Sam Altman.

President Donald Trump’s cabinet members are promising to deport many more migrants in the next year, mostly via a low-profile policy that counters the anti-ICE coverage by the establishment’s media.

Private-sector payrolls climbed 109,000, ADP Research said Wednesday, with gains spread between the goods-producing and the services sectors.

Ken Griffin, founder and CEO of Citadel, said that he has halted his New York City expansion after Mayor Zohran Mamdani instituted his tax plan.

The United States may block Chinese visitors if China’s government keeps blocking the deportation of roughly 30,000 Chinese illegal migrants who have been ordered for deportation by federal courts, says Reuters.

The March JOLTS report reveals a healthy labor market operating under new structural conditions.

Iran ramped up its missile and drone attacks on the United Arab Emirates (UAE) on Monday night, setting a major oil port known as the Fujairah Oil Industry Zone ablaze. Three Indian nationals were injured, prompting Indian Prime Minister Narendra Modi to denounce Iran’s actions.

Microsoft spent years telling regulators it was just an investor in OpenAI, but a federal judge has now cleared the way for a jury to decide whether the company was secretly running the show — and whether its own executives knew the arrangement was unlawful before the first dollar ever moved.

Officials are warning customers about scammer calls that could deceive them into draining their bank accounts. 

Cryptocurrency exchange Coinbase has revealed plans to lay off about 14 percent of its workforce, with CEO Brian Armstrong citing market volatility and the accelerating impact of artificial intelligence on company operations.

World Liberty Financial (WLFI), the crypto venture cofounded by President Donald Trump’s sons, has filed a defamation lawsuit against the Hong Kong-based crypto entrepreneur Justin Sun.

A poll of 1,002 18 to 34-year-olds found that 81 percent see the American economy as bad or outright terrible.

The labor market showed renewed vigor in March as hiring surged while job openings held steady, according to the Job Openings and Labor Turnover Survey released Tuesday by the Bureau of Labor Statistics.

A poll of 806 New York voters shows that 67 percent believe the state’s cost of living is “out of control,” reports the New York Post.

Employees at Google DeepMind’s UK offices have voted to establish a union in response to concerns about the company’s defense-related AI work with Israel and the Pentagon.

Virginia Gov. Abigail Spanberger (D) hinted that she was open to the possibility of taxes for streaming services or gym memberships, noting that if an idea is “reasonable and makes some amount of sense,” it “should be entertained.”

Over the weekend, Spirit Airlines gave up the ghost and went to that great hangar in the sky, ending 34 years as America’s leading ultra-low-cost carrier.

President Donald Trump holds a small business summit at the White House on Monday, May 4.