Federal Government

The federal government's interest payments on public debt reached $529 billion in the first half of fiscal year 2026, nearly equaling the combined spending on defense ($461 billion) and education ($70 billion), according to the Congressional Budget Office (CBO) report published Wednesday. This...

Oracle Corporation (NYSE:ORCL) has declared a significant reduction in its database software and cloud-computing service prices for the federal government What Happened: Oracle is offering a 75% discount on its license-based software — including databases and analytics tools — to...

Silicon Valley investor Balaji Srinivasan concurred with El Salvador President Nayib Bukele's argument that not high taxes but money printing by the Federal Reserve finances the U.S. government. What happened: On Wednesday, Srinivasan took to X to respond to an earlier address by Bukele at the...

JPMorgan Chase & Co (NYSE: JPM) has been named the official account validator for the U.S. Treasury Department for the next five years. Find out more about various services offered by Fintech companies. Meet and engage with transformative Fintech business leaders and investors at...

A conservative political group, Project 2025, is attempting to push an agenda that would dramatically reshape the federal government. The group wants to effectively dismantle the federal bureaucracy, and potentially fire as many as 50,000 employees, according to a recent Associated Press report....

Political commentator and stock broker Peter Schiff opined that the most significant threats to the United States are not external forces like Russia or China, but rather its own Federal Government and the Federal Reserve. What Happened: In a recent tweet, Schiff expressed his concerns, stating,...

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has taken another pot shot at the Joe Biden-Kamala Harris administration over purportedly ignoring the fact that his company is the market leader in electric vehicles. What Happened: Musk was responding to a post on Twitter by entrepreneur David Sacks,...

Ride-hailing companies Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) have bagged a federal contract, worth up to $810 million, from the U.S. General Services Administration. What Happened: According to a Reuters report, both Uber and Lyft will collectively cater to over 4...

The United States government will stop conducting enhanced COVID-19 screening of international inbound passengers, Yahoo News reported Wednesday. What Happened: International flights would no longer be channeled through designated airports for screening beginning at 12:01 a.m. next Monday...

Last night’s State of the Union didn’t really move the needle much on subjects near and dear to many investors’ hearts—stuff like trade and a possible second government shutdown—so now it’s back to watching earnings and the Fed. Speaking of which, Fed Chair...

Las Vegas -- Technology is great, but it can't solve all problems. The government shutdown has forced the cancellation of several scheduled speakers at the Consumer Electronics Show. The world's largest tech show gets fully underway tomorrow, but the government shutdown has forced several...

(Friday Market Open) Today is the Northern Hemisphere’s winter solstice—the shortest day of the year, at least in terms of daylight. The stock market, however, is still trading normally, and some bulls may be wishing for shorter hours. While pre-market activity wasn’t pointing to...

According to a new survey from WebMD, a majority of doctors nationwide support the national legalization of medical marijuana. WebMD, which is a highly regarded, award-winning provider of information/tools to manage health, surveyed 1,533 doctors from 48 states. The results of the survey are as...

Signaling a major shift in domestic drug policy, the U.S. federal government has signed off on a study of marijuana use for veterans with posttraumatic stress disorder (PTSD). The study, to be conducted by Dr. Suzanne Sisley at the University of Arizona, will test the effects of five different...

A two-year budget deal between the heads of the House and Senate Budget Committees revises pensions for both military and civilian government employees. The House approved the measure on Thursday, and the Senate is expected to do the same in the next several days. It's significant that members...