Trump family crypto firm launches stablecoin
World Liberty Financial, a cryptocurrency venture created by President Trump and his son, announced plans to launch Stablecoin on Tuesday. Stablecoin, USD1 is fixed to US dollars. Stablecoins are cryptocurrencies tied to assets such as Fiat Currency to maintain a more stable price. “Meet USD1 – Stubcoins your portfolio is waiting for,” World Liberty Financial […]
Support for TikTok ban plunged over past 2 years: Poll
The number of Americans who support the ban on Tiktok has dropped dramatically over the past two years. According to a new poll. Only 34% of Americans surveyed said they were supporting the Tiktok ban from 50% in March 2023, according to a new Pew Research Center vote released Tuesday. The vote was announced just […]
Congress must act by August to prevent debt default, CBO warns
The federal government was able to default on its obligations immediately in August without action from Congress, the Congressional Budget Office (CBO). Estimated on Wednesday. The latest forecasts say the nonpartisan budget scorekeeper said Wednesday morning that Congress must act to raise or suspend debt caps by August or September, but that deadlines could change […]
Conservatives embrace Tesla as liberals ditch Elon Musk
While conservatives are rallying around Tesla, liberals are surprisingly distanced from Elon Musk's electric vehicles (EVs) in a surprising way for businesses whose fate is deeply tied to sustainability and climate politics. Republicans who have long avoided moving away from electric vehicles and fossil fuels have come to defend Tesla in the face of financially […]
Debt limit time crunch could test both parties
House Democrats are sending early warning shots to close the government's borrowing window. Winning democratic support for raising the debt cap is expensive for Republicans. While minority Democrats have little power to decide the debate, many conservative Republicans have long opposed the rise in debt restrictions to protest deficit spending. Dynamics says it could give […]
Social Security chief: DOGE access to systems revoked after court order
As of Monday, Leland Dudek, representative of the Social Security Agency (SSA), said Government Efficiency (DOGE) no longer has access to the agency's systems to comply with court orders. dudek I submitted a declaration We have confirmed that access to the system, including DOGE employee's Personally Identifiable Information (PII) or Recording Systems, has been revoked. […]
Judge orders a June trial for US government's felony case against Boeing
A federal judge in Texas set the June trial date for a long-standing US government conspiracy case against Boeing against misleading regulators over the 737 largest jet liner before two planes crashed and 346 people died. US District Judge Reed O'Connor did not explain why he decided to file a lawsuit for trial in a […]
FBI launches Tesla vandalism task force
The FBI confirmed Monday that it had established a task force to investigate a wave of vandalism and arson incidents targeting Tesla in recent weeks. “director [Kash] Patel was clear and clear. The FBI will be less committed to its mission to protect the American people,” the FBI said in a statement, confirming the task […]
US consumer confidence tumbles for the 4th straight month as future expectations hit a 12-year low
WASHINGTON (AP) — U.S. consumer confidence has fallen for the fourth straight month as American anxiety about their financial futures fell to 12-year lows amid growing concerns about tariffs and inflation. The conference committee reported Tuesday that its consumer confidence index fell to 92.9, down 7.2 points in March. Analysts were hoping to refuse a […]
Bondi: Crockett needs to apologize to Tesla shareholders 'immediately'
Attorney General Pam Bondy said Monday that Rep. Jasmine Crockett (D-Texas) should apologise to Tesla shareholders for comments he called “to defeat Elon.” “It's March 29th, it's my birthday, and all I want to see happen on my birthday is that Elon is being dropped off,” Crockett said at an event that was livestreamed last […]