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Trump Pushes Higher Taxes on Wealthy to Fund Middle-Class Cuts

May 09, 2025 03:11 am UTC| Politics Governance

President Donald Trump urged House Speaker Mike Johnson in a private call to raise taxes on the wealthiest Americans and eliminate the carried interest loophole, according to sources familiar with the conversation. The...

U.S. Signals Wave of Trade Deals While Holding Firm on 10% Tariff

May 09, 2025 03:02 am UTC| Politics Governance

The United States is preparing to unveil dozens of new trade deals in the coming months while maintaining a 10% universal tariff, according to Commerce Secretary Howard Lutnick. Speaking in two interviews on Thursday,...

Bill Gates Pledges $200B for Global Aid, Slams Musk Over US Budget Cuts

May 08, 2025 13:41 pm UTC| Politics Governance Insights & Views

Bill Gates has pledged to donate nearly all of his $108 billion fortune by 2045, marking a bold move to counter global aid cutbacks. Announced on the Gates Foundations 25th anniversary, the Microsoft co-founder revealed...

HHS to Launch Autism Data Platform Linking Medicare, Medicaid Records

May 08, 2025 03:14 am UTC| Health Governance

U.S. Health and Human Services Secretary Robert F. Kennedy Jr. announced a new federal initiative to build a comprehensive autism data platform using Medicare and Medicaid records. Designed to study the causes of autism...

Trump Targets Drug Prices With New Executive Order Tied to Global Rates

May 08, 2025 03:05 am UTC| Politics Governance

U.S. President Donald Trump is expected to sign a new executive order as early as next week to lower prescription drug prices by linking Medicare payments to lower international rates, according to a Politico report. The...

Amtrak Cuts 450 Jobs to Save $100M Amid Uncertain Federal Support

May 08, 2025 02:31 am UTC| Governance Business Politics

Amtrak announced on Wednesday it is cutting 450 positions in a cost-saving move expected to reduce annual expenses by $100 million. The U.S. passenger rail operator said the reduction includes both filled and open roles,...

REAL ID Requirement Begins: What Air Travelers Need to Know

May 08, 2025 02:03 am UTC| Governance

Starting Wednesday, U.S. air travelers without REAL ID-compliant identification may face enhanced screening but will still be allowed to fly, according to Homeland Security Secretary Kristi Noem. The Transportation...

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Economy

Gordie Howe International Bridge Set to Open, Boosting U.S.-Canada Trade Links

The long-awaited Gordie Howe International Bridge connecting Detroit, Michigan, and Windsor, Ontario, is expected to open within weeks, marking a major milestone for cross-border trade and transportation between the United...

South Korea Q1 GDP Growth Revised Higher as AI-Driven Exports Boost Economic Outlook

South Koreas economy grew faster than previously estimated in the first quarter of 2026, according to revised figures released by the Bank of Korea on Tuesday. The updated data highlights the countrys strong export...

China Trade Surplus Surges in May 2026 as Exports and AI-Driven Imports Accelerate

Chinas trade surplus expanded more than expected in May 2026, supported by strong export growth and rising imports linked to the countrys growing semiconductor and artificial intelligence sectors. According to customs data...

Asian Currencies Gain as U.S. Dollar Softens Ahead of Key Inflation Data in 2026

Asian currencies traded mostly higher on Tuesday as the U.S. dollar retreated from a two-month high, with investors closely monitoring the fragile ceasefire between Israel and Iran and preparing for crucial U.S. inflation...

Asian Stocks Rebound as AI and Chip Shares Recover; Easing Iran Tensions Boost Sentiment

Asian stock markets moved higher on Tuesday, supported by a strong rebound in semiconductor and artificial intelligence-related shares after heavy losses in previous sessions. Investor sentiment also improved as...

Politics

Alaska Senate Candidate Named Dan Sullivan Faces Investigation Over Alleged Voter Confusion Scheme

Alaska election officials have launched an investigation into a U.S. Senate candidate who shares the same name as Republican incumbent Senator Dan Sullivan, amid allegations that his candidacy was designed to confuse...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...

Iran and Israel Halt Attacks After Trump Appeal as Regional Tensions Remain High

Iran and Israel announced they had suspended direct attacks against each other following an appeal from U.S. President Donald Trump, easing fears of a wider Middle East conflict. However, Tehran warned that military action...

Taiwan Simulates Repelling Chinese Invasion in Major Coastal Live-Fire Exercise

Taiwans military conducted a large-scale live-fire coastal defense exercise on Tuesday, simulating the destruction of an invading Chinese force during an amphibious assault. The drill, held along Taiwans west coast facing...

Trump Claims Iran War Victory Near as Oil Prices Expected to Drop

U.S. President Donald Trump stated on Monday evening that the United States is nearing victory in its conflict with Iran, adding that global oil prices could decline significantly once the war comes to an end. During a...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI Files Confidential IPO Draft as AI Giants Race Toward Public Markets

OpenAI has confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), taking a major step toward a potential initial public offering (IPO). The move positions the...

Apple Unveils Enhanced Apple Intelligence and Next-Generation Siri at WWDC 2026

Apple has introduced the latest version of its Apple Intelligence platform at the Worldwide Developers Conference (WWDC) 2026, signaling a stronger push into the rapidly evolving artificial intelligence market. The...

Qualcomm Stock Gains After Jensen Huang Endorsement

Qualcomm (NASDAQ: QCOM) shares moved higher in after-hours trading on Monday, rising approximately 2% after NVIDIA (NASDAQ: NVDA) CEO Jensen Huang publicly praised the semiconductor company and encouraged investors to...

Naver Stock Jumps on NVIDIA Partnership to Build South Korea’s AI Infrastructure

Naver Corp. (KS:035420) shares surged on Monday after the South Korean technology giant announced a major artificial intelligence partnership with NVIDIA Corporation (NASDAQ: NVDA). The news fueled strong investor...

Nvidia Expands South Korea AI Partnerships to Strengthen Data Center and Memory Chip Supply

Nvidia has announced a series of strategic partnerships with leading South Korean technology companies as the AI chip giant seeks to strengthen its supply chain and accelerate the growth of its artificial intelligence...
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