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.

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."

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.
Latest News
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
Wall Street Banks to Offload $3 Billion in X Corp. Acquisition Loans
Wall Street banks plan to sell $3 billion in X Corp. loans tied to Musk's Twitter acquisition, addressing debt concerns.
Jan 25, 2025 6:38 AM EST
Etihad Rail's High-Speed Train To Add AED145 Billion To UAE's GDP
Mohammed Al Shehhi, Chief Projects Officer at Etihad Rail, highlighted that the high-speed rail network, linking Abu Dhabi and Dubai, will provide fast and convenient travel while promoting economic and social connectivity.
Jan 24, 2025 6:56 AM EST
Lumbee Tribe Of North Carolina: Who Are They And How Will Trump's Memo Affect Them?
Donald Trump has signed a presidential memo in what he said was the "first big step" toward providing the Lumbee Tribe of North Carolina, the state's largest tribe, with full federal recognition.
Jan 24, 2025 6:53 AM EST
Could Trump Serve Three Terms? Scenarios Unfold Amid Rep. Ogles' Push To Change 22nd Amendment
Andy Ogles' proposed resolution to change 22nd Amendment is unlikely to receive support from Democrats, especially with Donald Trump currently in office.
Jan 24, 2025 3:38 AM EST
Trump's Crackdown On DEI: Federal Employees Urged To Expose Concealed Diversity Plans
The memo, sent to employees across multiple departments, was signed by various members of Trump's cabinet, including Secretary of State Marco Rubio at the State Department and Acting Attorney General James McHenry at the Justice Department.
Jan 23, 2025 7:31 AM EST