Trump says he’ll ‘work something out’ with Zohran Mamdani, plans to meet soon
Trump has for months slammed Mamdani, falsely labeling him as a “communist” and predicting the ruin of his hometown, New York, if the democratic socialist was elected. He also threatened…
Visa leans into AI-enabled payments and stablecoins to stay ahead of the game in Asia
Traditional card companies are reinventing themselves to stay ahead of the game. “These days, when people talk about ‘cards’, it’s not just a piece of plastic. It’s a digital network…
The most advanced U.S. aircraft carrier arrives in the Caribbean as Trump adds to the growing fleet of warships near Venezuela
The carrier strike group, which includes squadrons of fighter jets and guided-missile destroyers, transited the Anegada Passage near the British Virgin Islands on Sunday morning, the Navy said.Rear Adm. Paul…
Bessent says Trump’s $2,000 checks would need congressional vote
Treasury Secretary Scott Bessent said President Donald Trump’s proposal to send $2,000 “dividend” payments from tariffs to US citizens would require congressional approval. Trump, who has touted the billions raised…
As voters demand affordability, Stanford economist argues for ‘temporary, targeted price controls’ with supply-side reforms
Price controls are literally a textbook example of a policy that creates market inefficiency, but an economist sees some merit in them as voters delivered victories to Democrats who promised…
The 2026 class of American Rhodes scholars includes 5 students at U.S. military academies
The group includes students focused on housing, health outcomes, sustainability and prison reentry programs. They include:Alice L. Hall of Philadelphia, a varsity basketball player at MIT who also serves as…
The Coast Guard has seized a record amount of cocaine — while Trump says interdiction has failed and is blowing up suspected drug boats
“We’ve been doing that for 30 years,” he said last month, “and it’s been totally ineffective.”Trump’s comments came around the same time that the U.S. Coast Guard announced it had…
More groceries may benefit from tariff exemptions as the 2026 midterm elections get closer, analyst says
The tariffs that President Donald Trump rolled back this past week will barely move the needle on consumer inflation, but his retreat potentially signals a major shift, according to a…
Now that she’s retired from the Fed, the government says former Gov. Adriana Kugler violated ethics rules by trading stocks
A former Federal Reserve governor who retired in August listed several stock trades in her financial disclosure documents for 2024 that violated the central bank’s ethics rules.The transactions are outlined…
China has only bought 332,000 tons of U.S. soybeans since Trump made a deal with Xi Jinping that promised 12 million by year’s end
New data the Agriculture Department released Friday created serious doubts about whether China will really buy millions of bushels of American soybeans like the Trump administration touted last month after…
