Economy - Page 6

Elon Musk’s artificial intelligence startup xAI has secured $6 billion in fresh capital, capping off a funding round that values the company at over $40 billion.

Economic changes and the movement against total digital surveillance having impact, with cash transactions rising for the second year. 

On Friday’s broadcast of NewsNation’s “The Hill,” Rep. Sydney Kamlager-Dove (D-CA) stated that she doesn’t want to be involved with the Department of Government Efficiency because “it’s a fake position for fake people who are trying to cut programs that

On Friday’s broadcast of WBUR’s “Here and Now,” Delivering Outstanding Government Efficiency (DOGE) Caucus Co-Chair Rep. Pete Sessions (R-TX) argued that to fix Social Security, we don’t need to raise the retirement age, we “need to allow the newest workers in

The University of Michigan’s index of consumer sentiment rose in early December to its best reading since April, boosted by more positive views among Republicans and independents following the election of Donald Trump.

California Gov. Gavin Newsom (D) visited the United States-Mexico border on Thursday to repeat big business talking points about tariffs and President-elect Donald Trump’s plans to deport millions of illegal aliens with no legal right to be in the U.S.

In an era of heightened anxiety over personal safety, Silicon Valley’s tech elite have come up with a self-serving answer — turning their homes into fortresses to rival elite military installations. A host of companies are revolutionizing home security with cutting-edge technology reminiscent of military-grade defenses.

National Federation of Builders needs to import migrants to build homes for soaring population, now only rising because of immigration.

Economists had been expecting 215,000 after storms and strikes led to much-worse-than-expected growth in October. 

Oil delivery to the Czech Republic from Russia through the Druhzba pipeline has resumed, the pipeline operator said.

During an interview with ABC News on Thursday, Rep. Suzan DelBene (D-WA) declared that “unilateral tariffs that Trump is talking about are going to be taxes on American consumers.” But refused to say if President Joe Biden was wrong to

On Thursday’s broadcast of MSNBC’s “Katy Tur Reports,” Sen. Chris Murphy (D-CT) said that because President-Elect Donald Trump “is populating his Cabinet with market fundamentalists, with people who are going to deregulate the economy, who are just going to pass

Like so much economic analysis from the establishment, the Fed study on tariffs arrives with breathless findings of calamity, but it doesn’t stand up to scrutiny.

A Minnesota-based Mexican restaurant chain is preparing to reopen some locations in 2025 after it shut down 20 years ago.

Haliey Welch, the star of the viral “hawk tuah” video, is facing backlash from supporters after launching a “memecoin” cryptocurrency that pumped and crashed heavily within just a few hours.

Someone is about to miss out on becoming quite rich as a winning lottery ticket bought in Encino, California, in 2023 will expire on Saturday.

Donald Trump’s election is going to usher in a renaissance like this country hasn’t experienced since the Framers signed the Constitution in 1789.

The good times are back again for America’s heartland.

A much larger drop than expected after the port strike was put on hold until next year.

Mark Zuckerberg’s Instagram is failing to remove explicit self-harm images and is even encouraging vulnerable teens to connect with each other, enabling the concerning content to proliferate on the platform, according to an alarming new study.

Three major brands have pulled their ads from Amazon’s Twitch streaming platform following allegations that the company is enabling antisemitic content.

Mark Zuckerberg’s Meta, the parent company of Facebook and Instagram, is seeking nuclear energy partners to power its growing AI goals, joining other tech giants like Amazon, Google, and Microsoft in the pursuit of nuclear power to feed their insatiable AI datacenters.

Many migrants lured northwards by President Joe Biden are stranded on the long trek between their homes and the restoration of U.S. borders caused by the 2024 election.

Bitcoin (BTC) sold for over $100,000 in Wednesday evening trading, hitting another all-time high benchmark value in its nascent bull run.

President-elect Donald Trump announced that he has picked former Sen. Kelly Loeffler (R-GA) to serve as the administrator of the Small Business Administration (SBA).

President-elect Donald Trump announced that he had picked former Rep. Billy Long (R-MO) to serve as the Commissioner of the Internal Revenue Service (IRS).

The election of Donald Trump has already sparked a turnaround in sentiment among consumers and businesses, with the vibecession falling away and the rosy-fingered dawn of a new golden age spreading from sea to shining sea.

China expects fellow members of the BRICS economic bloc to push back against President-elect Donald Trump’s tariff threats.

Meta head of global affairs Nick Clegg revealed in a press briefing that CEO Mark Zuckerberg is eager to play an “active role” in shaping tech policy for President-elect Donald Trump’s administration. In March Trump described Facebook as “the enemy of the people” and labeled its CEO “Zuckerschmuck.”

The number of colleges that close each year is expected to increase significantly as schools deal with a deceleration of incoming students.

Craig Peters, the CEO of Getty Images, argues that a nuanced approach to AI and copyright, based on the principles of fair use, can foster innovation while respecting the rights of creators. According to Peters, AI giants try to argue that respecting copyright is an “unsurmountable challenge” as they spend billions on manpower and processors.

Elon Musk’s SpaceX successfully launched a Falcon 9 rocket today from Cape Canaveral Space Force Station in Florida, setting a new record for rocket reusability.

President Joe Biden announced on Tuesday that the United States will be donating $1 billion in humanitarian aid to Africans who were “displaced from homes” by droughts or a lack of food.

Federal Reserve officials appear poised to repeat the mistake of September and November by cutting interest rates again when the economic data clearly calls for a pause.

West Coast Billionaire Laurene Powell Jobs is expanding her advocacy groups to suppress the mainstream public’s criticism of her mass migration policies.

The California Department of Water Resources (DWR) has granted only 5% of the requested water allocations to agencies throughout the state, amid concerns about a hot summer and a possible return of drought in a dry winter.