Economy - Page 51

Tea, an app where women talk about the men they are dating, suffered a major security breach on Friday, resulting in 72,000 selfies, ID photos, and other user images being exposed. Social media users have flooded platforms with unflattering images of women who use the app to critique the men in their life.

Protesters furious with Elon Musk and Tesla have found a new place to share their displeasure with the billionaire who was once idolized by the left: Musk’s recently opened 24-hour Tesla Diner in Hollywood.

European leaders appear to be in two minds about the historic trade deal negotiated by U.S. President Donald Trump and EU chief Ursula von der Leyen, with some praising the pragmatism of avoiding a broader trade war and others lambasting the deal as an effective surrender on behalf of Brussels.

President Donald Trump meets with U.K. Prime Minister Keir Starmer on Monday, July 28.

The UK is in a doom loop forced by unsustainable government spending creating a downward spiral of tax hikes pushing taxpayers abroad.

In the hours following the Sunday announcement of the landmark trade deal agreed to by the United States and the European Union, a stinging reality began to sink in across the Old Continent: Brussels blinked, and the EU leadership had been utterly routed by President Donald Trump and his White House.

President Donald Trump announced a sweeping trade agreement with the European Union (EU) on Sunday, setting a baseline 15 percent tariff on European imports — including automobiles — while keeping existing 50 percent duties on steel and aluminum in place. As part of the deal, the EU committed to purchasing $750 billion in U.S. energy products.

OpenAI’s ChatGPT AI chatbot reportedly offered users instructions on how to murder, self-mutilate, and worship the devil.

German carmaker Volkswagen trapped and effectively enslaved hundreds of Brazilian workers at a cattle ranch in the Brazilian Amazon between 1977 and 1987, The Washington Post reported on Wednesday, citing the work of an intrepid Catholic priest to document the atrocity.

President Donald Trump on Saturday leveraged trade with the United States to open up ceasefire negotiations between Thailand and Cambodia over their territorial dispute.

On Friday’s broadcast of Newsmax TV’s “American Agenda,” former Trump Economic Adviser Stephen Moore stated that “inflation is moderate,” and that’s especially true “given the fact that we have these trade deals coming. That will alleviate any higher price pressure

On Friday’s broadcast of CNBC’s “Squawk Box,” Rep. Tom Suozzi (D-NY) said that New York City can’t raise taxes because they’re losing population, as are blue states and cities where “taxes are too high,” and “people are moving to low-tax

Sen. John Fetterman (D-PA) thanked the Trump administration for releasing more than $1 billion in grants for Pennsylvania infrastructure projects, reiterating his commitment to “work across the aisle.”

The Federal Reserve’s latest FOMC minutes offer a peek into the mind of an institution trying to explain why its insistence that tariffs would trigger inflation keeps misfiring.

President Donald Trump arrived in Scotland Friday for his state visit to the United Kingdom and shared that he is set to meet with the European Union on Sunday to discuss a potential trade deal.

New orders for long-lasting manufactured goods fell sharply in June, dragged down by a steep drop in aircraft demand that reversed a spike the previous month. But orders outside the volatile transportation sector rose for a third straight month, signaling

Iowa Attorney General Brenna Bird has sued two crypto ATM companies, which seemingly runs afoul of President Donald Trump’s mission to make America the “crypto capital of the world.”

The owners and operators of Foley, Alabama’s Colt Grill BBQ & Spirits have been hit with charges of systematically hiring illegal migrants as workers.

A bipartisan poll shows a dramatic shift in public opinion on the state of the U.S. economy, with a net 23-point swing toward optimism since April, an uptick that parallels renewed economic momentum under President Donald Trump’s policies, according to officials and market data.

President Donald Trump on Friday floated the idea of potential rebates for Americans with certain incomes, thanks to the tens of billions of dollars coming into the United States through his tariff policies.

The Democrat party tried to skewer President Donald Trump on grocery prices in a social media post on Thursday, but its attempt failed.

The government of South Korea confirmed on Friday that officials in the administration of President Donald Trump canceled talks scheduled for Friday intended to negotiate a new bilateral trade agreement, hours before Finance Minister Koo Yun-Cheol was set to board a plane to Washington.

President Donald Trump said Friday that he expects Federal Reserve Chairman Jerome Powell to soon start lowering interest rates after their meeting at the Fed on Thursday.

Intel is set to reduce its global workforce by more than 24,000 employees by the end of 2025, marking one of the company’s most significant restructurings in recent years.

The biggest win for the Trump administration, thus far, is that the “entire world is bending to the MAGA movement politically,” Rep. Andy Biggs said.

Chevron can resume oil import operations from Venezuela with President Donald Trump’s blessing, according to reports.

Elon Musk’s satellite internet service, Starlink, suffered a massive network outage affecting subscribers worldwide on Thursday. SpaceX blamed the outage on the failure of “key internal software services that operate the core network.”

On Thursday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Secretary of Commerce Howard Lutnick argued that tariffs “paid for tax on tips and no tax on overtime” and also we have to lower the trade deficit. While discussing the

On Thursday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Secretary of Commerce Howard Lutnick stated that China paying 55% tariffs is “pretty good” and we don’t need a deal with them and “We didn’t feel it” when tariffs were

On Thursday’s broadcast of MSNBC’s “The Weeknight,” Rep. Gregory Meeks (D-NY) said that Republicans try to argue tax cuts in the reconciliation bill are for everyone, but that is not true because the tax cuts on tips and overtime are

The Congressional Budget Office has released a new report laying out how it will evaluate budgetary proposals to end the government’s control of Fannie Mae and Freddie Mac.

WASHINGTON–President Donald Trump, who has been critical of cost overruns on renovations at the Federal Reserve, toured the ongoing construction there on Thursday, alongside Chairman Jerome Powell.

A massive delegation of Saudi businessmen led by Saudi Minister of Investment Khalid bin Abdulaziz al-Falih visited Damascus, Syria, on Wednesday for a forum allegedly resulting in over $6 billion in investment commitments to rebuild the war-torn nation.

President Donald Trump pays a visit to the Federal Reserve headquarters in Washington, DC, on Thursday, July 24.

House Majority Whip Tom Emmer (R-MN) said during a press conference call on Thursday that the passage of three crypto bills recently is “nothing short of historic,” which helps advance President Donald Trump’s promise to make “America the crypto capital of the world.”