US

Donald Trump administration has been making significant investments in U.S. companies, a move not commonly seen outside of major crises or wartime. This includes taking stakes in companies and embracing state intervention in industries deemed crucial for national security. What Happened: The Trump...

In the face of President Donald Trump‘s tariff threats, investors have propelled stocks to new heights this past week. However, the forthcoming earnings season could bring the trade war back into the spotlight. What Happened: Robust corporate profits have enabled the S&P 500 to bounce...

A new poll indicates that President Donald Trump‘s contentious trade policies are causing apprehension among his own supporters, potentially influencing Republican backing in the run-up to 2026. What Happened: A POLITICO-Public First poll carried out in June reveals that 25% to 50%...

Amid mounting fears of foreign espionage and alleged model theft by Chinese rival DeepSeek, ChatGPT-parent OpenAI has reportedly ramped up its internal security protocols. What Happened: OpenAI has tightened security to prevent corporate espionage and leaks of its foundational model technologies,...

In the wake of President Donald Trump‘s budget bill approval, billionaire and financial advisor Ray Dalio anticipates serious economic repercussions. What Happened: Dalio has voiced serious apprehensions about the financial future of the US. President Trump’s “One Big Beautiful...

In a bid to curb semiconductor smuggling into China, the US government is considering restrictions on the export of AI chips, including those produced by Nvidia Corp. (NASDAQ:NVDA), to Malaysia and Thailand. What Happened: According to a report, a draft rule from the Commerce ...

Elon Musk‘s announcement of the formation of the America Party has drawn the attention of several prominent figures, including Mark Cuban and Anthony Scaramucci. What Happened: On Saturday, Musk, a previous supporter of President Donald Trump, revealed the creation of the new party after a...

President Donald Trump has declared that the U.S. is set to begin negotiations with China on a potential deal involving TikTok. The discussions are expected to kick off as early as the coming week. What Happened: Trump has unveiled plans to initiate talks with China concerning the sale of TikTok...

According to latest reports, flash floods in Texas have led to the loss of more than 50 lives, with 27 girls from a summer camp still missing. This incident marks one of the deadliest flooding events in the state’s history. What Happened: A storm that dumped nearly a foot of rain in the...

Tech mogul Elon Musk has announced the formation of a new political party, the “America Party,” on his social media platform X. The creation of the America Party comes in the wake of President Donald Trump‘s signing of a significant spending bill on July 4. Musk expressed his...

The U.S. Air Force has decided to terminate a project in collaboration with Elon Musk‘s SpaceX. The project was intended to test hypersonic rocket cargo deliveries from a remote Pacific atoll, as reported by a military publication. What Happened: The decision to...

President Donald Trump signed his massive spending and social policy bill into law during an Independence Day event at the White House on Friday. The new law will provide substantial tax relief for affluent Americans, while also implementing significant reductions to social welfare programs. What...

In the latest development in their ongoing feud, Elon Musk and Steve Bannon have each predicted severe legal repercussions for the other. What Happened: Bannon has suggested that Musk, a naturalized U.S. citizen, should be deported. During the war of words on X, Musk, in turn, predicted that Bannon...

In a late-night voting session, Senate Republicans have successfully advanced a significant bill backed by President Donald Trump. The bill encompasses tax breaks, spending cuts, and an increase in deportation funds. What Happened: The Senate Republicans managed to clear a crucial procedural step...

American credit card debt has surged to an astronomical $1.18 trillion, with a significant number of individuals reportedly concealing their financial predicaments. What Happened: Nearly 40% of Americans saddled with credit card debt have been dishonest about their financial...