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Taxpayers expected to save millions after COVID-era perk for illegal immigrants gets cancelled

Immigration and Customs Enforcement (ICE) has ended a COVID-era program that allowed undocumented immigrants hundreds of minutes of free video calls, Fox News Digital reported, a move that was estimated to save taxpayers more than $10 million a year. In response to the then-emerging COVID-19 pandemic and the resulting visitation restrictions, federal agencies began offering […]

Hurricane Debby makes landfall in Florida; expected to pound Southeast

Hurricane Debbie made landfall in Florida’s Big Bend at 7 a.m. ET on Monday, according to the National Hurricane Center (NHC). The storm reached maximum sustained winds of about 80 mph, making it a Category 1 hurricane. According to the NHC, the hurricane was moving in a north/northeast direction at 10 mph and made landfall […]

US expected to propose barring Chinese software in autonomous vehicles

WASHINGTON — The U.S. Commerce Department is expected to propose a ban on the use of Chinese software in self-driving and connected cars in the coming weeks, according to people familiar with the matter. The Biden administration is expected to issue proposed rules to ban Chinese software from being used in Level 3 or above […]

Apple’s iPhone sales better than expected as demand picks up ahead of AI launch

Apple Inc. on Thursday forecast solid growth after third-quarter iPhone sales beat Wall Street expectations despite disappointing overall performance in China. The company’s shares rose 1% in after-hours trading. Apple said its fourth-quarter sales would grow at the same rate as the 4.9% increase in the April-June quarter. LSEG data showed sales of $85.78 billion […]

Private companies added just122,000 jobs in July, less than expected

Olu Omodunbi, chief economist at Huntington Private Bank, said on “The Craman Countdown” that the jobs report points to a slowdown in the labor market. U.S. companies started hiring more slowly than expected in July, according to the ADP national employment report released Wednesday morning, signaling that the labor market continues to cool on the […]

Kamala Harris expected to be lone Democratic presidential candidate ahead of party’s official vote

The Democratic National Committee announced Tuesday that Vice President Kamala Harris is the only presidential candidate eligible to run for the Democratic presidential nomination. No other leading Democrats have announced their intentions to seek the party’s nomination, but the Democratic National Committee’s announcement formally paved the way for the vice president to run unopposed, the […]

The Fed is expected cut rates later this year. What will it mean for your money?

Barron’s Roundtable panelists discuss the ongoing market rotation, small-cap stocks to watch, and former President Trump’s expected comments on cryptocurrency. of Federal Reserve The Fed is widely expected to lay the groundwork for a September rate cut at the end of its meeting on Wednesday, providing some relief to Americans who have been struggling with […]