Economy

British millionaires are fleeing the country in record numbers since Sir Keir Starmer’s left-wing Labour Party claimed last year’s election win and set out in socialist fashion to try and tax the country into prosperity.

Just 10 percent of Americans oppose President Donald Trump’s promise to deport illegal migrants with criminal records, according to an Ipsos poll for the New York Times.

Capital One is taking heat for a “technical issue” that has affected some customers’ ability to access their money online.

California-based company Chevron filed tax returns worth about $300 million to the Venezuelan socialist regime, raising questions about how much dictator Nicolás Maduro benefits from Chevron’s oil production despite existing oil sanctions, Bloomberg reported on Thursday.

President Biden’s recent warning about the dangers of a “tech oligarchy” stands in stark contrast to his administration’s unprecedented access granted to Microsoft, whose executives made 207 White House visits during his term. The extensive access, particularly to national security officials, raises questions about the administration’s relationship with big tech amid several cybersecurity crises and controversial deals.

A New York Times profile on Stephen Miller and his rise to one of the most influential unelected officials in the Trump administration including a revealing glimpse into Mark Zuckerberg’s attempt to build bridges to Donald Trump and the MAGA movement.

Microsoft has reportedly begun laying off employees in several key divisions, including security, sales, gaming, and devices.

The FTC, along with the states of Illinois and Minnesota, has filed a lawsuit against agricultural equipment giant John Deere, alleging that the company has illegally restricted farmers and independent technicians from repairing Deere equipment.

During an interview with Bloomberg aired on Thursday’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein acknowledged that there wasn’t an inflation spike caused by tariffs in the first Trump administration, but argued that things in 2025

During an interview with Bloomberg aired on Thursday’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein stated that “strong demand” did help cause inflation and he accepts that the upward pressure on prices from COVID stimulus

America may be just about done with Joe Biden, but the malevolent economic legacy of his presidency is not done with us.

Treasury Secretary nominee Scott Bessent on Thursday disputed Sen. Ron Wyden’s (D-OR) argument that America is in a clean energy “arms race” with China, charging that China is projected to build 100 coal fired plants this year.

Treasury nominee Scott Bessent opened his confirmation hearing before the Senate Finance Committee with powerful attacks on the radical left by defending the value of tariffs and nuclear energy. 

Poornima Ramarao, the mother of OpenAI whistleblower Suchir Balaji — who was found dead in his apartment in November, after being courted to testify against Sam Altman’s AI powerhouse in copyright trials — says that while California authorities claim her son died from suicide, crime scene photos show it was a murder.

In a show of support for the incoming administration, four of the world’s most powerful tech titans will be in attendance at Donald Trump’s presidential inauguration on Monday.

Mark Lemley, a Stanford law professor who represented Meta in a 2023 AI copyright case, has dropped the company as a client due to what he calls CEO Mark Zuckerberg’s “descent into toxic masculinity and Neo-Nazi madness.”

Blue Origin, the aerospace company founded by Amazon’s Jeff Bezos, successfully launched its massive New Glenn rocket on its first test flight, marking a significant milestone in the company’s quest to provide reliable access to space.

“Trump was the first president in modern times to recognize the need to change our trade policy and stand up for American workers,” Besset will say.

President Joe Biden declared during his farewell address that an “oligarchy” of the “ultra-wealthy” and powerful is forming that “threatens our entire democracy.”

President-elect Donald Trump thanked the president of the International Longshoremen’s Association (ILA) for crediting him with helping to negotiate a new contract for the union.

The December CPI report is a sign that the Fed’s fight against inflation has stalled.

Citizens must pressure Republican politicians to fulfill their campaign promises on migration, or the legislators will submit to donors and lobbyists, Texas Rep. Chip Roy (R) told a D.C. meeting on January 14.

Fabric and craft retailer Joann has filed for bankruptcy for a second time in the past year, blaming slow sales, inventory issues, and being hundreds of millions of dollars in debt.

The SEC has filed a lawsuit against billionaire Elon Musk, accusing him of violating securities law by failing to disclose his active stake in Twitter, which allowed him to purchase shares at “artificially low prices.”

U.S. consumer prices climbed at a faster rate in December, capping off the inflation-plagued Biden administration’s final year and suggesting that the Federal Reserve’s efforts to bring down inflation may have run out of steam. The Consumer Price Index increased

Mikey Shulman, CEO and founder of AI music generator company Suno AI, has sparked debate with his recent comments suggesting that the majority of people do not enjoy the process of making music.

Mark Zuckerberg’s Meta is reportedly cutting five percent of its workforce, about 3,600 employees, as the social media giant focuses on terminating low-performing workers.

President Joe Biden’s pro-migration border chief will likely have imported 1.5 million illegal migrants via his quasi-legal parole programs by the time Biden exits office on January 20.

A resilient labor market, the improving outlook among small businesses, and persistent inflation pressures are signals that the Fed’s September and October rate cuts may have been premature.

China’s state-run Global Times fired the metaphorical starting gun on the 2025 Spring Festival travel rush on Tuesday.

The end of the Biden administraiton and start of the next Trump era is kindling a new boom among small busineses.

President-elect Donald Trump announced on Tuesday that he would create the “External Revenue Service” on the first day of his administration “to collect our Tariffs, Duties, and all Revenue that come from Foreign sources.”