Economy - Page 10

The Communist Party of Cuba warned airlines operating in the country that it would soon run out of jet fuel, reports revealed on Monday, potentially lasting through the middle of March.

Chinese regulators have advised the country’s biggest banks to rein in their exposure to U.S. Treasuries, citing concentration risk and market volatility, Bloomberg News reported Monday.

More than 900 Google workers have signed an open letter calling on the tech giant to sever its business relationships with U.S. Immigration and Customs Enforcement and Customs and Border Protection.

On this week’s broadcast of Fox News Channel’s “Sunday Morning Futures,” Treasury Secretary Scott Bessent said the Dow Jones Industrial Average hitting the 50,000 milestone was “telling you that Main Street is about to prosper.”

The global semiconductor industry is projected to achieve $1 trillion in annual revenue for the first time in 2026, marking a significant milestone powered by AI applications and the expanding integration of computer chips across all economic sectors.

Apple is reducing its plans for a virtual health coach service as the company reassesses its approach to the wellness services market.

President Donald Trump issued a proclamation Friday opening a formerly protected area of the Atlantic ocean off the east coast to commercial fishing.

The U.S. Small Business Administration has suspended more than 111,000 California borrowers and will seek to recoup $8.6 billion in suspected fraudulent aid linked to the Covid pandemic.

Wells Fargo estimates the tab is up just 1.6 percent from last year.

Staff for the WGA West have voted to authorize a strike, claiming that union leaders negotiated with studios in bad faith. 

This week, investors decided that maybe it was time to give AI a bit of time off for good behavior, the Cato Institute celebrated rising tax bills due to immigration, and Disney made it clear that its future isn’t in entertainment.

White House press secretary Karoline Leavitt told The Alex Marlow Show in an exclusive interview on Friday that TrumpRx.com, which offers massive discounts on prescription drugs, is set to save millions of Americans thousands of dollars.

Utah has joined the growing list of states offering PragerU educational resources, as the state’s Board of Education recently approved a new online learning finance course, the conservative organization announced on Wednesday.

Republican candidate Anthony DiLorenzo has entered the race in New Hampshire’s First Congressional District with a commanding fundraising lead, outpacing all Democratic contenders in his first quarter and signaling growing Republican momentum ahead of the 2026 midterms.

President Donald Trump launched the Trump Rx website on Thursday, through which Americans can receive substantial discounts on prescription drugs.

Pizza Hut’s parent company is planning to close 250 locations across the United States as the iconic restaurant struggles with sales.

Leading tech companies experienced a massive selloff over the last several weeks, with more than one trillion dollars erased from their combined market valuations as investors expressed concern over ballooning AI expenditures.

Amazon revealed plans Thursday to invest $200 billion in 2026 on data centers, satellites, and infrastructure as part of its aggressive push into artificial intelligence, surpassing Wall Street projections by $50 billion. Shares dropped almost eight percent in Friday morning trading.

Consumer sentiment unexpectedly rose for the third consecutive month in early February, according to the University of Michigan’s preliminary assessment of the household sector.

The United States and Argentina on Thursday signed an Agreement on Reciprocal Trade and Investment (ARTI), granting U.S. goods preferential market access to the South American nation.

In the Fed’s modern history, the FOMC has always chosen the sitting Board chairman to be its chairman as well. Politics, however, has a habit of stress-testing assumptions.

Treasury Secretary Scott Bessent shut down Rep. Maxine Waters (D-CA) during a House Financial Services Committee hearing this week as she tried to claim that housing inflation has worsened under the Trump administration.

Four more Americans have been killed by the open-borders policy supported by President Joe Biden, Democratic politicians, and many anti-ICE activists in Minneapolis and other cities.

A 20-year-old man pleaded for his life during a desperate 911 call as he remained trapped inside his burning Tesla Model Y after a crash, unable to escape due to the vehicle’s electrically powered doors. The transcript of the call is part of a lawsuit against Elon Musk’s EV giant over the man’s death.

Critics point to years of explicitly political and identity-focused messaging that they say marked a sharp departure from the company’s traditional product-driven image. Executives and statements by the company for years deployed left-wing tropes about white mediocrity, “cisgender,” and “ableism.” The company went all in on the Black Lives Matter fad in 2020.

The Trump administration has indicated willingness to permit Chinese technology giant ByteDance to purchase Nvidia’s advanced H200 artificial intelligence chips, but the deal remains stalled over disagreements regarding conditions for their use.

A defective Tesla charging cable ignited a devastating fire that caused more than $4 million in damages to former NFL wide receiver Randall Cobb’s mansion in Nashville, Tennessee, according to newly filed court documents. Thankfully, the Cobb family and their dog were able to escape the blaze without injury.

Japanese Prime Minister Takaichi Sanae took a gamble by holding early parliamentary elections as a referendum on her agenda, but the gamble looks like it will pay off as her enormous personal popularity is set to sweep more members of her governing coalition into the Diet.

Challenger data shows surge in announced job cuts, but government statistics tell different story of stable employment.

Warsh’s most fundamental critique of the Federal Reserve targets the Fed’s devotion to economic models that consistently fail to predict reality.

Bill Gates says he regrets “every minute” he spent with disgraced financier and convicted sex predator Jeffrey Epstein. “I was foolish to spend time with him,” the billionaire said. Gates reiterated his unconvincing denials of what was seemingly a close friendship with the horrific pervert.

The disgraced, far-left Washington Post as we knew it was obliterated on Wednesday, and now the very same staffers who have spent decades annihilating the former newspaper’s credibility want a new sugar daddy to bail them out.

The DOJ and multiple states have filed notices to appeal a federal court ruling in the Google Search antitrust case that imposed limited restrictions on the internet giant’s conquest of the search and AI market.

Private sector employment increased by just 22,000 jobs in January, falling short of economist expectations but landing closer to a rapidly declining break-even threshold for job creation, according to ADP’s National Employment Report released Wednesday. The figure came in well