Trump Administration

A coalition of over two dozen states has filed a lawsuit against the Trump administration, demanding that funding for the Supplemental Nutrition Assistance Program (SNAP) be continued during the ongoing government shutdown. Lawsuit Calls SNAP Suspension Illegal The lawsuit, co-led by states...

U.S. companies have struck more than $80 billion worth of deals in a span of 24 hours, in the latest sign that mergers and acquisitions (M&A) are picking up after the tariff-induced cool-off earlier this year. Mega Mergers Sweep Wall Street The recent flurry of all-stock deals includes the...

Amid the federal government shutdown, U.S. gross national debt surpassed $38 trillion as per Treasury data on Wednesday, raising concerns about the nation’s financial stability. US Debt Grows At Twice The Pace Since 2000 This is the fastest trillion-dollar increase in debt outside of the ...

Shares of IonQ Inc. (NYSE:IONQ), Rigetti Computing (NASDAQ:RGTI), and D-Wave Quantum (NYSE:QBTS) surged 13.71%, 11.67% and 15.90%, respectively, in premarket trading on Thursday, on reports that the Trump administration was exploring the possibility of acquiring stakes in U.S. quantum computing...

The stringent immigration policies implemented by the Trump administration would significantly reduce the U.S. workforce over the next decade, according to a study, potentially impacting the nation’s economy. Drop In Workforce To Impact GDP, Debt The U.S. workforce could decrease by 6.8...

The Trump administration has decided to reallocate $2.4 billion from California’s high-speed rail project to a new $5 billion program that aims to enhance passenger rail services across the country. New Rail Funding Prioritizes Safety, Omits Climate And DEI The funds were originally...

After a string of strong gains that pushed major benchmarks to record levels, Wall Street eased on Tuesday. The S&P 500 fell 0.55% to 6,656.92, the Nasdaq declined 0.95% to 22,573.47, and the Dow Jones Industrial Average edged down 0.2% to 46,292.78. These are the top stocks that gained the...

The Trump administration is reportedly lowering its aspirations for comprehensive reciprocal deals. Instead, it is favoring narrower agreements to avoid the reimposition of U.S. tariffs. What Happened:  The US is now seeking phased deals with key countries, with the aim of reaching agreements by...

President Donald Trump is reportedly pushing for a $150 billion spending cut to fund his immigration enforcement agenda over the next four years, a move that could significantly reshape the U.S. immigration system. What Happened: The proposed budget would be allocated over the...

U.S. Senator Elizabeth Warren (D-Mass) has reportedly confronted Secretary of State Marco Rubio about a proposal to redirect $500 million from USAID to the disputed Gaza Humanitarian Foundation (GHF). What Happened: Warren, in a letter to Rubio and USAID’s acting...

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg‘s apparent alignment with the MAGA movement has left many of his colleagues feeling “grieving,” and Elon Musk‘s popularity was reportedly a major motivating factor behind this. What Happened: Zuckerberg’s growing...

Health insurance companies have raised concerns that tariffs could lead to higher premiums for enrollees in the individual and small group markets next year. What Happened: Health insurers are informing states about the potential rise in premiums for individual and small group market enrollees in...

In a recent survey, a majority of CEOs have expressed confidence in the U.S. economy, with a notable decrease in the number of business leaders anticipating a recession this year. What Happened: A survey conducted on 277 CEOs by Chief Executive in June revealed that 28% of the 277 CEOs polled...

The U.S. State Department will use artificial intelligence to help select staff for annual promotion review panels, expanding AI deployment across federal agencies under the Trump administration. What Happened: The State Department will employ StateChat, an in-house AI chatbot powered by Palantir...

California Governor Gavin Newsom (D) has announced that the state will file a lawsuit against the Trump administration over the deployment of the National Guard to quell protests in Los Angeles. What Happened: Newsom revealed the lawsuit during an interview with MSNBC on Sunday. The legal...