Economy

The Supreme Court on Monday held that Lisa Cook can keep her job as a governor of the Federal Reserve—for now.

The Commodity Futures Trading Commission is reportedly conducting an extensive investigation into Polymarket, one of the world’s largest prediction market platforms, according to sources familiar with the matter.

With a reported budget of anywhere between $750,000 to $5 million, writer/director Uwe Boll’s subversive and sometimes brilliant Citizen Vigilante is already a roaring success on all fronts.

The Supreme Court on Monday handed President Trump a sweeping victory over the administrative state, ruling that Congress cannot shield the heads of independent regulatory agencies from presidential removal, and overturning a landmark 1935 precedent that had underpinned the modern

Rep. Alexandria Ocasio-Cortez (D-NY) has urged Congress to consider breaking up major technology companies like Apple following announcements that the company may raise prices on its phones and laptops due to processing chip shortages.

DuckDuckGo’s AI search feature has been caught spreading the outrageous claim that President Donald Trump and Vice President JD Vance both died earlier this month from rabies, in what appears to be a successful campaign by internet pranksters to manipulate artificial intelligence systems using a technique known as “poisoning.”

Supporters of the H-1B outsourcing program should admit the “gross abuse” within the program if they want it to survive growing public hostility, a West Coast investor told an evasive Axios journalist.

Outdoor retail giant REI Co-op has pulled an Instagram advertisement after massive consumer backlash, claiming Meta’s generative AI tools transformed a professional product photo into a bizarre image featuring a bicycle with handlebars at both ends.

New York City Mayor Zohran Mamdani touted the fulfillment of one of his campaign promises Friday after the Independent Rent Guidelines Board approved a rent freeze, saying more than two million New Yorkers living in rent-stabilized apartments will have their rent frozen next year.

Saudi Arabia’s national oil company Aramco began loading cargoes of crude oil at its massive Ras Tanura terminal on Friday.

OpenAI is leaning toward postponing its IPO until next year, according to three people involved in the company’s deliberations, marking a significant shift in strategy for the AI powerhouse.

Georgia is reportedly struggling to meet the growing water demands of AI data centers, as Atlanta planners urge operators to prioritize community needs and reduce consumption — even as water usage varies widely across facilities.

On Thursday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Sean Casten (D-IL) responded to Sen. Chris Murphy’s (D-CT) proposal to raise the minimum wage to $25 an hour by saying that “I’m delighted that Sen. Murphy is talking about this

President Donald Trump hosts a dinner for American farmers at the White House Rose Garden on Thursday, June 25.

American citizens in Springfield, Ohio are rejoicing after the Supreme Court allowed President Donald Trump to cancel the quasi-amnesty Temporary Protected Status (TPS) granted to the city’s huge population of Haitian migrants despite strong opposition from local and national business groups.

Ford is acknowledging the challenges it faced with AI production and design systems after the automaker recently claimed the top spot in JD Power’s initial quality ranking for mainstream brands for the first time in 16 years. According to Ford, attempting to replace highly-skilled employees with AI-powered systems was a mistake.

The Iranian terrorist Islamic Revolutionary Guard Corps (IRGC) issued an ominous warning on Thursday claiming that ships attempting to navigate the Strait of Hormuz without using approved Iranian regime routes would face unspecified “dangers” in those waters.

Ferrari’s long-serving head of marketing has announced his departure from the luxury automaker just weeks after the unveiling of the company’s first electric vehicle sparked widespread criticism.

In a 6-3 vote, the U.S. Supreme Court has endorsed President Donald Trump’s authority to end “Temporary Protected Status” for at least 450,000 Haitian migrants welcomed by President Joe Biden.

Two prominent Google AI researchers are just the latest experts preparing to depart for rival artificial intelligence Anthropic, according to individuals familiar with the situation. They join a roster of prominent AI names who have left Google for greener pastures this year.

The American factory revival continues.

The U.S. Supreme Court has declared that the President can regulate asylum requests at the U.S. border. 

The U.S. economy grew at a significantly swifter pace than previously estimated during the first three months of the year. Gross domestic product, the government’s broad economic scorecard, rose at a 2.1 percent annual rate in the January through March

The personal consumption expenditures price index climbed 4.1 percent last month from a year earlier, the largest year-over-year price increase since April 2023. Compared with the prior month, prices rose 0.4 percent.

Europe is quickly learning that China has no interest in addressing unsustainable trade imbalances.

“Democrats imported a new electorate, and that electorate is remaking Congress,” White House aide Stephen Miller tweeted Tuesday night. 

Mark Zuckerberg has reportedly directed Meta to build a prediction market app that would compete with rapidly growing gambling sites like Polymarket and Kalshi.

Thirty-three percent of Americans — and 54 percent of Trump voters — say legalized immigration should be reduced or zeroed out, according to a poll for a globalist magazine.

President Donald Trump canceled a scheduled signing ceremony of the 21st Century ROAD to Housing Act at the Capitol on Wednesday until the Senate passes the SAVE America Act.

The U.S. Congress Joint Economic Committee holds a hearing investigating health care fraud on Wednesday, June 24.

Treasury Secretary Scott Bessent on Tuesday laid out a doctrine of “economic statecraft,” telling the Economic Club of New York that the United States would wield its economic power “in service of our sovereignty” and warning that a country unable