Nippon Steel and US Steel sue Biden administration over blocked merger

U.S. Steel and Japanese steelmaker Nippon Steel filed a lawsuit against the U.S. government on Monday in a last-ditch effort to move forward with integration, but President Biden blocked the lawsuit on Friday, citing national security concerns. A new lawsuit accuses Biden of intervening in the merger review process for political gain and trying to […]
Tyrus on Joe Biden's ability to run for re-election and the state of his administration

“It has been a complete dumpster fire.” Tyrus on Joe Biden’s ability to run for re-election and the state of his administration. source
Donald Trump restoring the economic woes sustained by the Biden administration will take time

Evidence is mounting that the ill-fated Biden administration could not end quickly enough, while the pre-COVID-19 era of the first Trump presidency, which brought about strong growth and low inflation, will not return soon. There's evidence. That's the signal we're getting from the bond market. It's possible that the fiscal time bomb of nonstop spending […]
Microsoft offers Trump administration suggestions on AI policy

Constellation Research founder Ray Wang discusses stock market trends for tech brands like Google and Amazon on “Varney & Co.” Microsoft has made several recommendations to the incoming Trump administration and the new Congress on how to handle artificial intelligence (AI) policy in 2025. in a long sentence blog post In a statement released Friday, […]
Biden administration adds exemptions into new climate rules for hydrogen energy

The Biden administration on Friday finalized fairly stringent climate change rules for the nascent hydrogen energy industry. But the rules include new flexibilities and are expected to be less stringent than the administration's original proposal. A final rule issued by the Treasury Department on Friday will determine which facilities qualify for favorable tax credits for […]
An Investor’s Guide to the Next Trump Administration – Morningstar

Just to preface the obvious, what will Donald Trump do in his next term as President of the United States, and even what existing powers will he have to carry out many of his plans, such as imposing tariffs? There is even more uncertainty than usual about whether or not we even have one. Nevertheless, […]
Appeals Court Blocks Net Neutrality Rules In Setback For Biden Administration

Rally organizers remove props during a protest outside the Federal Communications Commission building to oppose ending net neutrality rules in Washington, DC, December 14, 2017. (Photo by Chip Somodevilla/Getty Images) OAN Staff James Myers11:19am – Thursday, January 2, 2025 A U.S. appeals court ruled Tuesday that the Federal Communications Commission lacks legal authority to reinstate […]
Ex-NYPD top cop Jeffrey Maddrey’s home raided in latest NYC probe of Eric Adams’ administration

The Queens home of former NYPD top officer Jeffrey Madeley was searched by authorities early Thursday morning amid an investigation into allegations that he had sexual entertainment with a subordinate, the NYPD commissioner announced. Commissioner Jessica Tisch said in a statement: “At my direction, the NYPD's Internal Affairs Bureau is working with law enforcement authorities […]
Dem strategist calls incoming Trump administration a ‘remarkable opportunity’: ‘Quite optimistic’

One Democrat said he feels surprisingly “optimistic” about the “amazing opportunities” a second Trump administration presents his party. Former Missouri Rep. Don Calloway said Tuesday during a panel discussion on “MSNBC Reports” that Democrats across the aisle are working together to achieve their goals despite the party's initial concerns about President-elect Donald Trump. He said […]
Republican congressman calls on incoming administration to target “The Axis of Aggressors”

Violent protests erupt in Georgia Protests erupted in Georgia after the leader of the pro-Putin Dream Party stalled EU accession negotiations, citing foreign interference in the country. (Credit: AP) As the 119th Congress prepares to begin its session on January 3, a Republican lawmaker urged the incoming Trump administration to advance American interests and target […]