Economy - Page 71

Discover how the Rio Reset could dethrone the U.S. dollar – and what Americans can do now to diversify their savings.

Truckers are celebrating President Donald Trump’s decision to restore enforcement of a rule that excludes foreign truckers from the roads if they cannot read English-language signs and instructions.

Federal Reserve Governor Christopher Waller said last week that he would be inclined to look through a short-term rise in inflation stemming from newly proposed tariffs, signaling that he sees the labor market, rather than inflation alone, as the critical guide for monetary policy decisions in the months ahead.

President Donald Trump’s Labor Department is vowing to revoke federal grant money from states that willfully give unemployment benefits to illegal aliens.

IBM, one of the nation’s largest technology employers, announced Monday that it plans to invest $150 billion in the United States over the next five years, adding that the company is “focused on American jobs and manufacturing.”

A Wall Street Journal investigation has revealed that Meta’s AI chatbots on Instagram, Facebook, and WhatsApp are empowered to engage in “romantic role-play” with users that can turn sexually explicit, even with accounts belonging to children. In a statement to Breitbart News, the social media giant says it has “taken additional measures” 

Waymo’s autonomous vehicles have become the subject of online ridicule as social media users share videos documenting the cars’ bizarre behavior and frustrating experiences.

President Donald Trump said Sunday that his tariff policy will substantially reduce, even “completely eliminate,” income taxes for some American workers.

Slate Auto, a new American EV startup reportedly backed by Jeff Bezos, has unveiled its first electric vehicle, the Slate Truck, with a starting price of less than $20,000 after federal incentives and a claimed range of 150 miles.

The CEO of AI company Perplexity has revealed that the company’s upcoming browser, Comet, will track users’ online activities to sell highly targeted advertisements.

Developing countries should strike swift trade deals with the United States at the “earliest possible” opportunity, the president of the World Bank said.

During an interview that aired on Friday’s broadcast of FBN’s “The Claman Countdown,” Amgen CEO Robert Bradway unveiled his company’s decision to invest $1 billion in its Columbus, OH, facility.

Consumer sentiment remains deeply depressed; and the division between Democrats and Republicans has reached historic, almost unimaginable levels.

Democratic sentiment hits all-time low as concerns about inflation, trade policy weigh on outlook.

Apple plans to move the assembly of all iPhones sold in the US from China to India by the end of 2026, according to people familiar with the matter who spoke with the Financial Times.

A Chinese-owned factory in Ohio illegally imported workers from China, said the U.S. Attorney’s Office for the Southern District of Ohio.

President Donald Trump told Time magazine in an interview published Friday that genocidal Chinese dictator Xi Jinping called him to discuss trade negotiations — a day after the Chinese Foreign Ministry claimed any reports of such negotiations were “fake news.”

Medi-Cal, the State of California’s version of Medicaid, has been spending on extraneous programs such as housing while running up a deficit so extreme that the state has had to borrow over $6 billion to save it.

During an interview with WVON on Thursday, Chicago Mayor Brandon Johnson said “the fluctuations of the market and Trump’s tariffs” have resulted in massive losses to the city “just because of the uncertainty and the chaos.” And also stated that

The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations.

El Salvadorans are pulling themselves out of poverty and gang wars, but Democrats want left-wing Americans to kick them in the teeth by boycotting their tourist destinations.

If Trump’s tariffs are such a favor to entrenched business interests, why are those very businesses sounding the alarm?

New orders for durable goods rose 9.2 percent to a seasonally adjusted $315.7 billion, after a 0.9 percent increase in February. Economists had forecast a more modest 1.4 percent rise.

As the remedy phase of the Google search monopoly case continues, a witness from AI startup Perplexity testified that the search giant’s exclusivity contracts prevented smartphone maker Motorola from setting Perplexity AI as the default assistant on its new devices. The AI executive says Google’s exclusive agreements are like a “gun to your head” from the perspective of device makers.

A group of former OpenAI employees is calling on the attorneys general of California and Delaware to prevent the company from transitioning from a nonprofit to a for-profit company, citing concerns over the control and accountability of its powerful AI technology.

California Gov. Gavin Newsom (D) celebrated Wednesday as his state became the world’s fourth-largest economy — albeit one that cannot fix homelessness or protect its citizens from devastating wildfires.

Hundreds of Indian and Chinese college-graduate migrants in the United States have been fired from white-collar jobs in California, Washington, DC, and elsewhere,

President Donald Trump said that the entire world wants to be a part of trade negotiations with the United States when asked about discussions with China on Wednesday.

Treasury Secretary Scott Bessent stood before the Institute of International Finance this morning and delivered a speech that ought to be remembered as a turning point in U.S. economic diplomacy.

Intel is reportedly on the verge of announcing layoffs that will cut more than 20 percent of staff in the chipmaker’s first major move under its new CEO, Lip-Bu Tan.

Instagram co-founder Kevin Systrom testified as part of the FTC’s antitrust case against Meta, saying Mark Zuckerberg saw Instagram as a threat to Facebook and therefore starved his photo-sharing app of resources after acquiring it more than a decade ago.

As the remedy phase of Google’s search monopoly antitrust trial unfolds, AI giant OpenAI has emerged as a potential buyer for Google’s Chrome browser, with plans to transform it into an AI-centric experience.

The economic data keeps coming in much stronger than expected.

Treasury Secretary Scott Bessent on Wednesday called for sweeping reforms at the International Monetary Fund and World Bank, urging the institutions to abandon what he described as “mission creep” and return to their founding charters focused on macroeconomic stability, trade,

Two climate extremists wound up in handcuffs Tuesday after they allegedly vandalized a Manhattan Tesla dealership as part of Extinction Rebellion NYC’s Earth Day protest against CEO Elon Musk.

Elon Musk’s Tesla suffered a massive 71 percent drop in profits for the first quarter, but the company’s shares reacted positively on Wednesday morning after Musk pledged to decrease his time spent working with the federal government on DOGE, but not halt his involvement entirely. Musk also continued his criticism of Donald Trump’s tariffs on China during his earnings call with analysts.