Author: Editor-In-Chief
It is difficult to describe the U.S. economy in black and white terms, calling it “good” or “bad.” On several fronts, the data shows that the economy is healthy. But research shows American consumers don’t feel that way.”There’s no question at this point that different data could tell a slightly different story,” said Heather Long, chief economist at Navy Federal Credit Union.Inflation has either fallen or been flat in recent months, depending on which metrics you look at, Long said. The consumer price index has declined from a peak of 9% in June 2022 and has hovered around 3% since…
Alex Karp, CEO of Palantir Technologies, attended the 56th World Economic Forum Annual Meeting in Davos, Switzerland on January 20, 2026.Dennis Bariboos | ReutersPalantir Shares of the software and services provider to the U.S. government rose 15% in the wake of the U.S. attack on Iran, an outlier in a tough week for the stock market. The tech-heavy Nasdaq fell 1.2% for the week, dragged down by the following stocks: apple, google and micronOther indicators also fell after a jump in oil prices and a report showed the U.S. economy unexpectedly shed jobs in February.But investors have flooded into Palantir,…
U.S. officials said a system was being set up to mediate the payment of $166 billion in tariff costs to more than 330,000 importers.listen to this article | 3 minutesinformationU.S. Customs and Border Protection (CBP) has announced that it will take an additional 45 days to create a system to process refund requests for tariffs recently reversed by the Supreme Court.The announcement was made Friday as lawyers representing CBP were summoned to a closed session with Judge Richard Eaton of the U.S. Court of International Trade.Recommended stories list of 3 itemsend of listEaton ruled Wednesday that the U.S. government is…
Hong Kong media mogul Jimmy Lai will not appeal his conviction and 20-year prison sentence for collusion with foreign powers and sedition, his lawyer announced Friday, following a landmark case that sparked international criticism. Lai, 78, the founder of the now-defunct pro-democracy newspaper Apple Daily, was one of the most outspoken critics of the ruling Chinese Communist Party. A nearly five-year legal battle ended in February with a December conviction on two counts of collusion with a foreign power and one count of publishing seditious material. A member of Lai’s domestic legal team told Reuters his client would not appeal…
Liverpool bounced back from their recent defeat to Wolves with a 3-1 win at Molineux to reach the FA Cup quarter-finals.Arn Slott’s side lost in stoppage time in Tuesday’s Premier League clash but took the lead early in the second half with goals from Andy Robertson and Mohamed Salah before Curtis Jones netted a luxurious third goal. Hwang Hee-chan scored a late winner, but Liverpool made fewer changes than Rob Edwards made to Wolves’ line-up and strong team selection was rewarded. The coach’s victory secured him a spot in Monday’s draw for the top eight. Player evaluation Wolves: Johnston (6),…
Federal Reserve President Stephen Milan said Friday that the weak February jobs report supports the central bank’s case for further interest rate cuts.Millan said in an interview with CNBC that the Fed should focus on supporting the labor market rather than worrying about inflation, after the Bureau of Labor Statistics reported Friday that nonfarm payrolls fell by 92,000 jobs.”I don’t think there’s an inflation problem,” he said on the show “Money Movers.” “I think the labor market could use more monetary policy accommodation. I also don’t think it’s appropriate to have a moderately restrictive monetary policy stance rather than a…
US President Donald Trump attends a Cabinet meeting with Secretary of Defense Pete Hegseth at the White House on December 2, 2025 in Washington, DC, USA. brian snyder reuterPresident Donald Trump met with CEOs of major defense industry companies at the White House on Friday afternoon, as the war with Iran concluded its first full week.”We discussed production and production schedules,” Trump said in a social media post after the meeting. “We agreed to quadruple production of ‘elite’ weapons, with the goal of reaching the highest levels of volume as quickly as possible.”President Trump did not explain what he meant…
listen to this article | 4 minutesinformationIranian officials have rejected calls from Donald Trump to be involved in choosing the next leader, insisting that only Iranians can decide the country’s future.Iranian Parliament Speaker Mohammad Berger Ghalibaf on Friday appeared to ridicule the US president’s claim to have a say in appointing a successor to assassinated Iranian Supreme Leader Ali Khamenei.Recommended stories list of 3 itemsend of list“The fate of dear Iran, dearer than life, will be decided only by the proud Iranian people, not by the (Jeffrey) Epstein gang,” Ghalibaf wrote in X, referring to the late sex offender who…
Businesses and startups using Anthropic Claude through Microsoft and Google products don’t have to fear having that model taken away from them, Microsoft and Google have confirmed to TechCrunch. It has been reported that AWS customers and partners can continue to use Claude for non-defense workloads. Even as the Trump administration’s Department of the Army (officially known as the Department of Defense) escalated its feud with Anthropic, Microsoft was the first major technology company to offer assurances that Anthropic’s model would remain available to customers. The Pentagon on Thursday formally designated a U.S. AI startup as a supply chain risk…
J. David Ake | Getty Images News | Getty ImagesA series of policy changes in the so-called “big beautiful bill” are undermining the Affordable Care Act marketplace, in ways that may at first seem relatively subtle but which add up to a major change, health policy experts say. That, in turn, has important implications for consumers and the broader health care system for years to come, they said.The law — a multitrillion-dollar package that the Republican-led Congress passed in July — contains a series of administrative measures that make it harder or more expensive for many people to sign up…