Bessent says health-care announcement coming this week
Treasury Secretary Scott Bessent said the Trump administration is working on bringing down US health-care costs and an announcement to address the issue is planned for this week.“We believe health…
Secret U.S.-Russia talks led to plan that blindsided Ukraine
Faced with a Thanksgiving holiday deadline, European officials are racing to buy Ukrainian President Volodymyr Zelenskiy more time with their own counter-proposal on how to end the war that will…
‘It didn’t have to be this way’ — Top economist warns affordability crisis will continue as tariffs and immigration crackdown send inflation higher
Moody’s Analytics chief economist Mark Zandi lamented what could’ve been, if President Donald Trump hadn’t waged war on trade and immigration. “Consumer price inflation is near 3%, well above the…
Six-figure earners are ‘living the illusion of affluence’ while working side hustles, skipping meals and pretending Venmo’s not working
The findings reveal a surprising sense of economic anxiety, with 64% of six-figure earners saying their income isn’t a milestone for success but merely the bare minimum for staying afloat.“Our…
AI rivals like OpenAI, Nvidia, and Oracle are collaborating to build ‘Stargate’—but a Yale expert says it violates 135 years of antitrust law
The first of the guests to speak was Ellison, who declared that Stargate would revolutionize health-tech by building applications that enable the sharing of electronic records “so that a doctor…
Elon Musk once called DOGE ‘the chainsaw for bureaucracy,’ but it has quietly ceased to exist well ahead of schedule, report says
DOGE, which was once led by Elon Musk, had previously made controversial cuts, such as its high-profile effort to slash foreign aid. By contrast, its end slipped under the radar…
Trump White House prepares tariff fallback ahead of court ruling
President Donald Trump’s administration is working behind the scenes on fallback options if the Supreme Court strikes down one of his major tariff authorities, looking to replace the levies as…
Newsom, DeSantis join forces to blast ‘idiotic’ push to allow oil drilling off coasts of California, Florida
The Trump administration announced on Thursday new oil drilling off the California and Florida coasts for the first time in decades, advancing a project that critics say could harm coastal…
Wild ride on Wall Street as the crypto crash spooks risk complex
It was a vivid reminder of how easily pressure can cascade through crowded trades, and how markets powered by momentum and retail enthusiasm can buckle without warning.There was no obvious…
Crypto’s brutal month triggers a stress test for Wall Street
Reversals of fortune are nothing new for Bitcoin diehards — euphoric rallies, then brutal selloffs. They happen every few years, or whenever sentiment snaps.None of those previous episodes, though, have…
