Economy - Page 68

Maryana Iskander, the CEO of the Wikimedia Foundation — the nonprofit that owns Wikipedia — is reportedly stepping down from her position. The revelation comes just two weeks after the foundation was accused of violating its 501(c)(3) tax-exempt status by allowing propaganda and misinformation from “foreign actors” to flourish on the platform. Iskander, meanwhile, insists her forthcoming departure has been in the works for some time.

The Federal Reserve looked past the recently reported economic contraction in the first three months of the year, describing economic growth as solid when officials agreed to hold interest rates steady on Wednesday. “Although swings in net exports have affected

Mark Zuckerberg’s Instagram platform used automated algorithms that suggested children for groomers and predators to follow on the app, according to a 2019 internal company document presented by the FTC during the ongoing Meta antitrust trial.

Five suburban Republican lawmakers in Democrat states are holding their ground, demanding that the Trump “big, beautiful” bill raise the state and local tax deduction.

Thirty-five Democrats in the U.S. House joined Republicans last week to repeal California Governor Gavin Newsom’s attempt to ban sales of gas-powered cars in his state in favor of electric vehicles (EVs) by 2035.

On Tuesday’s broadcast of NewsNation’s “The Hill,” Rep. Greg Murphy (R-NC) said that who ultimately pays tariffs depends on the product and industry and “If the exporter really wants their goods to come across and they know the person on

On Tuesday’s broadcast of the Fox Business Network’s “Kudlow,” host Larry Kudlow said that he doesn’t understand President Donald Trump’s 51st state push with Canada and “Canada’s not the enemy. They are a longtime partner and ally.” And while there

Reform UK leader Nigel Farage accused the leftist Labour Party government of Sir Kier Starmer of “betraying” the British working class through a trade deal with India, which critics claim will give advantages to Indian migrants in the UK over the native population.

Border security chief Kristi Noem casually batted away numerous Democrat complaints and barbs during her first hearing at the House appropriations committee on Tuesday.

On Tuesday’s broadcast of MSNBC’s “All In,” Sen. Adam Schiff (D-CA) stated that Republicans in Congress are pushing to end California’s law to end the sale of new gas-powered cars “because we’re such a big and influential state, a lot

On Tuesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Treasury Secretary Scott Bessent said that the U.S. doesn’t want a total decoupling from China, just a decoupling on “strategic industries” and “we have shared interests that this isn’t sustainable,”

The Fed is stuck between crosscurrents: too strong to ease, too shaky to hike. The best they can do is what they’ve been doing—waiting for the fog to lift.

The Department of Government Efficiency (DOGE) says it has officially saved over $1,000 per taxpayer.

President Donald Trump’s administration is reportedly deporting illegal aliens from Ireland, says a lament from several immigration lawyers in the Irish Star news site.

Defense Secretary Pete Hegseth on Monday instructed the military to shed 20 percent of its four-star general officers as the Trump administration moves to reduce inefficiency in the military.

Canadian Prime Minister Mark Carney complimented President Donald Trump as a “transformational president” during his visit to the White House on Tuesday.

President Donald Trump said Tuesday that California Governor Gavin Newsom (D) could never be elected president because of his failures on the costly, unfinished high-speed rail project and wildfires in his state.

Treasury Secretary Scott Bessent said Tuesday that he expects the first quarter GDP figures will be revised up, hinting that the contraction recorded in the government’s first estimate of economic growth for the January through March period might be flipped into

Microsoft has officially closed its Skype service, replacing it with Microsoft Teams, the company’s Slack competitor. The software giant mismanaged the popular communications product for many years through slow innovation and a confusing user experience.

Tariff front-running led to a historic surge in imports in March.

OpenAI’s decision to partly walk back its plan to restructure as a for-profit business “changes nothing,” according to Elon Musk’s attorney, indicating that the billionaire may continue his legal battle against the AI startup.

As the September trial date approaches for the next phase of the DOJ’s antitrust case against Google’s ad tech practices, both sides have outlined their proposed remedies to address the tech giant’s monopoly over digital advertising.

Homeland Security chief Kristi Noem will face down angry Democrats at a hearing on the agency’s budget for the 12 months after October 2025. 

California Governor Gavin Newsom (D) reacted Monday evening to President Donald Trump’s proposed 100% tariff on movies made outside the U.S. by proposing a $7.5 billion tax credit for the industry instead.

On Monday’s broadcast of “CNN News Central,” Rep. Pete Sessions (R-TX) stated that he agrees with tariffs going after China, but “I do not share that view that the other countries are a problem.” And specifically cited the “strong relationship”

A pro-migration reporter is loudly warning illegal migrants in D.C. that Immigration and Customs Enforcement agents will be checking their workplaces on Tuesday and Wednesday.

Pro-migration advocates are denouncing and urging illegal migrants to reject Trump’s offer of $1,000 and free airline tickets to exit the U.S.

Senate Democrats, many who backed the bill in its original form, on Saturday announced their opposition to a stablecoin crypto bill on the eve of a vote on the historic legislation.

This week, America’s new economic doctrine came into focus thanks to a pair of speeches from Vice President JD Vance and Treasury Secretary Scott Bessent.

OPEC+ has reportedly begun to “unwind” voluntary production cuts, reducing oil prices to punish recalcitrant members, and perhaps to please President Donald Trump.

The vast majority of likely U.S. voters want President Donald Trump’s 2017 tax cuts extended, a recent Public Opinion Strategies survey found.

Three South Korean companies, acting with the support of their government, have presented Canada with an unsolicited $20 billion plan to upgrade its submarines, artillery, and armored vehicles.

The services sector is now strengthening, dampening fears of an economic downturn.

President Donald Trump responded to the continuing flight of movie production to other countries by floating a 100 percent tariff on films made outside the U.S. Many in Hollywood and elsewhere are not responding with gratitude but are, instead, lashing out at Trump’s proposal.

Treasury Secretary Casts America as Global Capital’s Natural Home, Promises “Golden Age” for Investment and Industry.