Moody’s lowers the credit rating of the US
On Friday, Moody’s announced it has downgraded the United States’ credit rating from Triple A to Double A. The agency’s decision to lower the rating from “AAA” to “AA1” stems from worries about rising debt and the federal government’s growing interest payments. This downgrade indicates that the ratio of the government’s debt-interest payments has reached […]
Families say DOJ might dismiss Boeing criminal charge related to fatal 737 Max crashes
The Trump administration has chosen not to pursue felony charges against Boeing, opting instead for a potential settlement related to the crashes of two fatal 737 Max planes that resulted in the deaths of 346 individuals, as expressed by the victims’ families. The Department of Justice (DOJ) has not publicly announced this decision, and they […]
Trump highlights investments while leaving the Middle East
President Trump returned to Washington from the UAE on Friday, highlighting significant investment deals made during his Middle East trip. He mentioned to reporters that he was eager to meet his new grandson once he got back. “I’m looking forward to seeing my lovely grandchildren right away, but this trip was a fantastic moment for […]
Uber launching an affordable choice for travelers
Uber has rolled out an affordable new option for commuters. Earlier this week, the company revealed its “Route Sharing.” This feature allows users to share rides with up to two other passengers on busy routes, potentially saving them up to 50% compared to UberX fares. “Route Share provides regular and reliable pickups along direct routes […]
Republican budget conservatives defeat important vote on Trump’s significant legislation
House Budget Committee Faces Setback on Major Bill This past Friday, the House Budget Committee’s Finance Hawks encountered a significant setback, effectively derailing critical votes related to the comprehensive “one big beautiful bill act” tied to President Trump’s agenda. The committee’s 16-21 vote presented a challenge for leaders aiming to push the bill through the […]
Most Americans believe that corporate power in government poses a risk to democracy.
During Trump’s inauguration in January, the re-elected president was surrounded by several high-profile tech executives, many of whom are among the richest on the planet. Notable figures included Meta’s Mark Zuckerberg, Amazon’s Jeff Bezos, Google’s Sundar Pichai, Tesla’s Elon Musk, plus SpaceX and X. Also present were TikTok CEO Shou Zi Chew and Apple CEO […]
Trump finalizes AI data center deal with UAE
The Trump administration is collaborating with the United Arab Emirates to establish a significant data center in Abu Dhabi, which is projected to be the largest artificial intelligence hub outside the U.S. This AI campus was introduced during President Trump’s visit to the UAE and will have a capacity of 5 gigawatts, expanding over an […]
Trump indicates the US will update countries on new tariff rates soon.
On Friday, President Trump mentioned that following a 90-day suspension, tariffs would be reduced to just 10%. He indicated that notifications would likely be sent to numerous countries in the near future. During a discussion at the UAE Roundtable, Trump acknowledged that in early April, there simply wasn’t enough time to meet with all the […]
Boeing gains speed with new support from Trump and Qatar.
President Trump is stepping in to support Boeing as it navigates through recent safety issues and scandals. During his trip to the Middle East, Trump announced a new contract with Boeing, first reported by News Nation and Hill, in which Qatar Airways ordered 160 widebody jets. This deal is expected to bolster the US economy […]
Cybercriminals stole customer information and demanded a $20 million ransom.
Cryptocurrency exchange Coinbase announced on Thursday that hackers had stolen customer data and demanded a ransom of $20 million to keep the information private. The group of cybercriminals reportedly convinced a small number of offshore customer support agents to copy data from support tools in exchange for payment, according to Coinbase’s blog post. The criminals […]