Democrats have railed against potential Medicaid cuts since President Donald Trump won the 2024 presidential election. Now that his ‘big, beautiful bill’ has passed through Congress, they are making Medicaid a top talking point ahead…
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Investors honed in on tech stocks again as Q2 earnings season kicked off on Monday (July 14). Some experts believe the rallying market is showing signs of frothiness. Apollo Global Management (NYSE:APO) Chief Economist Torsten…
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Elon Musk’s health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration, shortly before a financing round valued the company at $9 billion. Neuralink is…
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Politics
State Department says 59,000 tons of food assistance are in motion after reports of incinerated aid
The State Department says it is working swiftly to distribute tens of thousands of tons of food aid around the globe, pushing back on reports that the U.S. was preparing to incinerate hundreds of tons…
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Politics
Pentagon to probe Microsoft’s use of Chinese engineers on sensitive defense systems, Hegseth says
Defense Secretary Pete Hegseth said the Pentagon was ‘looking into’ a cloud computing program run by Microsoft utilizing foreign workers from China, which was criticized this week for potentially lacking adequate safeguards, which could provide…
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A $250 million fraud scheme that exploited a federally funded children’s nutrition program during the COVID-19 pandemic has been described by FBI Director Kash Patel as ‘one of the worst’ in Minnesota history. The FBI…
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Politics
EPA announces 23% workforce reduction and closure of research office as part of federal streamlining
The U.S. Environmental Protection Agency (EPA) said Friday it plans to reduce its workforce by 23% and close its research and development office. The loss of more than 3,000 employees comes after layoffs and incentives…
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Politics
Microsoft ends use of China-based computer engineers for certain Defense Dept projects amid espionage fears
Microsoft said it will cease using China-based computer engineering teams for work on Pentagon cloud systems and other classified systems after an investigation this week led to national security concerns at the highest levels over…
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Politics
Justice Department moves to unseal Epstein, Maxwell grand jury transcripts amid calls for transparency
At Attorney General Pam Bondi’s direction, the Department of Justice (DOJ) on Friday formally moved to unseal long-secret grand jury transcripts from the Jeffrey Epstein case, citing what it called intense public interest in the…
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Politics
Trump says 10 hostages will be returning from Gaza ‘very shortly’ during White House dinner with allies
During a celebratory dinner at the White House with a number of Donald Trump’s GOP allies, including several Republican lawmakers from Congress, the president signaled that 10 more hostages in Gaza would be ‘coming very…