Microsoft and Meta CEOs Defend Substantial AI Investments Amid DeepSeek's Market Disruption
Microsoft and Meta defend their significant AI investments, despite challenges posed by DeepSeek's cost-effective models disrupting the industry.
Jan 30, 2025 11:01 AM EST
Wells Fargo's Co-CEO of Corporate and Investment Banking, Jon Weiss, Announces Retirement
Wells Fargo's Jon Weiss to retire as Co-CEO of Corporate & Investment Banking, with Fernando Rivas set to assume sole leadership.
Trump's First Law: What The Laken Riley Act Means For Immigration And Crime
New law mandates detention of illegal immigrants accused of serious crimes, regardless of whether they have been convicted.
Federal Unions Urge Workers To 'Say NO' To Trump's Deferred Resignation Program, Lawsuit Filed
Trump administration's "Fork in the Road" email offers federal employees the option to stay on payroll until Sept. 30 without working in person. Workers have until Feb. 6 to decide on the offer.
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Trump Media & Technology Group Ventures into Cryptocurrency with Truth.Fi
Trump Media & Technology Group launches Truth.Fi, expanding into cryptocurrency and financial services, sparking investor enthusiasm and political scrutiny.
Jan 29, 2025 12:44 PM EST
U.S. Goods Trade Deficit Widens Sharply in December Amid Import Surge
U.S. goods trade deficit widened sharply in December as imports surged, raising economic concerns amid potential trade policy shifts under Trump.
Jan 29, 2025 12:35 PM EST
Trump Administration Says No More Condoms For Gaza, Halts $50 Million Funding
Press Secretary Karoline Leavitt called the expense a "preposterous waste of taxpayer money" and underscored that it did not align with the administration's "America First" policy.
Jan 29, 2025 6:07 AM EST
Lay's Classic Potato Chips Recall Upgraded To 'Class I' By FDA Due To Milk Allergen
According to the FDA, "Class I" level recalls are used when there is "reasonable probability that the use of, or exposure to, a violative product will cause serious adverse health consequences or death."
Jan 29, 2025 3:13 AM EST
U.S. Consumer Confidence Declines Sharply in January Amid Economic Uncertainty
U.S. consumer confidence declined in January amid inflation and labor market concerns, highlighting economic uncertainty and policy challenges ahead.
Jan 28, 2025 2:40 PM EST
Trump Administration Halts Federal Grants and Loans Pending Comprehensive Review
Trump's executive order pauses federal grants and loans, sparking debate over spending priorities, legal challenges, and potential disruptions nationwide.
Jan 28, 2025 2:31 PM EST
Trump Again 'Jokes' About Running for Third Term: 'Am I Allowed to Run Again?'
President-elect Donald Trump questioned House Republicans if he could run for president again after a Republican congressman introduced a resolution to allow Trump to run for a third term.
Jan 28, 2025 9:14 AM EST
Google Maps To Reflect Trump's Renaming Of Gulf of Mexico To 'Gulf of America'
President Donald Trump's executive order renames the Gulf of Mexico to "Gulf of America" and Alaska's Denali back to Mount McKinley. Google Maps will update its naming conventions following official government sources.
Jan 28, 2025 7:29 AM EST
Chinese Low-cost AI Assistant DeepSeek Hits Crypto AI Tokens Hard
Chinese AI startup DeepSeek has launched its AI assistant, and it's not only affecting U.S. stock markets but also crypto-AI tokens that were expected to make a significant rally this year.
Jan 28, 2025 4:01 AM EST
Federal Aid In Limbo: Trump Administration Freezes Loans And Grants
This freeze will affect a wide range of initiatives, including domestic infrastructure projects, energy programs, diversity-related efforts, and foreign aid. However, Social Security and Medicare benefits are exempt from this pause, as are any forms of "assistance provided directly to individuals."
Jan 28, 2025 3:56 AM EST
US Could Own 50% Stake Under Perplexity AI's Revised TikTok Proposal
Perplexity AI's revised proposal suggests the US government acquire up to 50% stake in a new entity merging Perplexity and TikTok's US operations, addressing national security concerns.
Jan 27, 2025 2:55 AM EST
U.S. Freezes Foreign Aid, Exempting Military Assistance to Israel and Egypt
The U.S. has frozen most foreign aid, excluding military assistance to Israel and Egypt, during a 90-day review of aid alignment with strategic goals.
Jan 25, 2025 7:18 AM EST
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