TRUMP ANNOUNCES HISTORIC TRADE DEAL WITH JAPAN
President Donald Trump unveiled what he called the “largest trade deal in history” Tuesday night — a sweeping agreement with Japan that includes 15% reciprocal tariffs on Japanese imports, major openings in agriculture, and a $550 billion investment from Japan into the U.S. economy. Speaking at a reception with Republican lawmakers, Trump said the agreement […]
ZERO-DAY CYBERATTACK EXPLOITS MICROSOFT SHAREPOINT VULNERABILITY
A previously unknown group of hackers has exploited a critical vulnerability in Microsoft’s SharePoint platform, compromising U.S. federal and state agencies along with other institutions across the globe, according to officials cited by The Washington Post. The global cyberattack, which began days ago and remains active, has impacted universities, energy companies, and an Asian telecommunications […]
NEW COAL MINE APPROVED IN TENNESSEE FOLLOWING NATIONAL EMERGENCY DECLARATION
A new coal mining project in Tennessee has been approved and fast-tracked through revised federal environmental review procedures enacted after President Donald Trump declared a national emergency earlier this year. The unnamed company behind the project is expected to extract up to 1.8 million tons of coal over the next decade. According to federal and […]
HOUSE APPROVES $9 BILLION FOREIGN AID CUT IN RESCISSIONS BILL, NOW HEADS TO TRUMP’S DESK
The House of Representatives passed a $9 billion rescissions package Thursday aimed at clawing back previously approved federal spending, including cuts to foreign aid and public broadcasting. The bill passed narrowly, 216–213, with two Republicans joining all Democrats in opposition. The legislation, proposed by the White House in June, targets $8 billion allocated to the […]
$8 BILLION INVESTOR LAWSUIT AGAINST META CEO MARK ZUCKERBERG BEGINS IN DELAWARE COURT
A shareholder lawsuit seeking more than $8 billion in damages from Meta CEO Mark Zuckerberg and current and former executives began this week in Delaware. The case stems from the 2018 Cambridge Analytica scandal, in which tens of millions of Facebook users’ data was misused by a political consulting firm that supported Donald Trump’s 2016 […]
GOOGLE SIGNS $3 BILLION DEAL FOR HYDROPOWER IN PENNSYLVANIA, PLANS $25 BILLION U.S. DATA CENTER INVESTMENT
Google has signed a $3 billion agreement to acquire 3 gigawatts of hydropower in Pennsylvania, marking the largest corporate deal for hydroelectric energy in history. The move is part of the company’s broader push to power its growing infrastructure with carbon-free energy sources. In a related announcement, Google revealed plans to invest an additional $25 […]
HOME DEPOT CO-FOUNDER KEN LANGONE PRAISES TRUMP, EXPRESSES STRONG OPTIMISM ABOUT AMERICA’S FUTURE
Ken Langone, the billionaire co-founder of Home Depot and longtime business leader, expressed unprecedented optimism about the U.S. economy and political direction during recent remarks. “If I told you how bullish I was, you wouldn’t believe it. I have never been more excited about the future of America than I am right now,” Langone said. […]
APPLE SIGNS $500 MILLION DEAL WITH MP MATERIALS TO STRENGTHEN U.S. RARE EARTH SUPPLY CHAIN
Apple has announced a $500 million partnership with U.S.-based MP Materials to secure domestic rare earth magnet production for future Apple devices. The agreement includes building new manufacturing lines at MP’s Fort Worth, Texas facility and collaborating on a recycling program in California. Shipments are expected to begin by 2027. The move follows mounting pressure […]
ELON MUSK’S XAI SIGNS FIRST DEAL WITH U.S. DEPARTMENT OF DEFENSE
Elon Musk’s artificial intelligence startup, xAI, has reportedly signed its first official contract with the U.S. Department of Defense, marking a major step in the company’s expansion into the public sector. As part of the announcement, xAI introduced “Grok for Government,” a tailored suite of AI tools designed specifically for use by federal agencies. Details […]
PRESIDENT TRUMP RENEWS CALL FOR FED TO CUT INTEREST RATES AMID RECORD MARKET HIGHS
President Donald Trump on Thursday renewed his call for the Federal Reserve to lower interest rates, pointing to record-setting performances in technology and industrial stocks, along with a surge in cryptocurrency markets. In posts on Truth Social, Trump emphasized the rally in equities—highlighting NVIDIA’s 47% gain since his tariff announcements—and said the U.S. economy is […]
NASDAQ HITS NEW RECORD HIGH, CLOSES AT 20,611 POINTS
The Nasdaq Composite Index closed at an all-time high on Tuesday, rising 0.95% to end the session at 20,611 points. The gain reflects continued investor confidence in large-cap tech stocks and optimism surrounding earnings and economic data. Strong performances from companies in the AI, semiconductor, and cloud computing sectors led the rally, with key players […]
“F1: THE MOVIE” BECOMES APPLE’S BIGGEST BOX OFFICE HIT EVER
Apple’s F1: The Movie has crossed the finish line in record fashion, generating more than $293 million globally in its opening weekend—making it the highest-grossing theatrical release in Apple’s history. The film, distributed by Warner Bros. Discovery, surpassed the $221 million global total of Ridley Scott’s Napoleon from 2023. The studio’s strong IMAX strategy contributed […]
PARAMOUNT PAYS $16 MILLION TO TRUMP TO SETTLE “60 MINUTES” LAWSUIT
Paramount Global has agreed to pay $16 million to settle a lawsuit brought by former President Donald Trump over the editing of a 2024 “60 Minutes” interview with then–Vice President Kamala Harris. The payment will go toward funding Trump’s future presidential library and not to him personally, according to Paramount. The settlement does not include […]
IRS Faces Staffing Crisis After Record-Strong Tax Season, Warns of Risks Ahead
The IRS reported one of its most successful tax seasons in recent years, collecting $850 billion in April—a 9.5% increase over last year—and another $371 billion in May, a 14.7% jump, according to Treasury Department data. However, those gains were achieved just before a significant reduction in staffing: more than a quarter of the IRS […]
