Author: Daniel snow
Lawmakers made some family-focused changes to the bill, but they could have done more, advocates say. Source link
Today we are going to talk about distractions, things that become part of the discourse almost as if they are meant to scare you out of stocks, and then they go away, buried in the prefrontal cortex somewhere, ready to be dusted off on time to magnify the next terror. Take yesterday’s left hook out of nowhere by President Donald Trump, bragging about doing something that would bust even this pathetic budget. It’s a distraction. It turned a good day into a bad one. But it was just a day. Or how about the debt downgrade by Moody’s last Friday.…
Novel hybrid engines will provide new bursts of power on the Indianapolis Motor Speedway. Source link
A generous SALT deduction could face stiff resistance in the Senate Source link
Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York on Feb. 26, 2025.Michael Nagle | Bloomberg | Getty ImagesAmazon CEO Andy Jassy said Wednesday that the company hasn’t seen any signs of consumers tightening their wallets in the face of President Donald Trump’s sweeping tariffs.Jassy’s comments came during Amazon’s annual shareholder meeting, which was held virtually on Wednesday. “We have not seen any attenuation of demand at this point,” Jassy said during a question-and-answer portion of the meeting. “We also haven’t yet seen any meaningful average selling price increases.”Amazon and other retailers continue to digest the…
WASHINGTON — House Republican leaders faced a last-minute revolt Wednesday by members of the party’s hardline conservative faction, who opposed their latest attempt to win support from moderate members of the conference for President Donald Trump’s “big, beautiful” tax bill.As a pivotal meeting of the House Rules Committee entered its twelfth hour after starting at 1:00 a.m., members of the House Freedom Caucus reiterated their objection to Speaker Mike Johnson’s self-imposed Memorial Day deadline for passing the bill on the House floor. “I don’t think it can be done today. I mean, the runway is short today. The leadership is…
Readers discuss the Trump administration’s effects on American research and science. Also: Joe Biden’s cancer; what Democrats need; false manhood. Source link
One former Federal Reserve trader is concerned that this longtime tailwind could soon morph into a serious problem for investors. Source link
OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with Microsoft Chairman and Chief Executive Officer Satya Nadella at the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty ImagesOpenAI said on Wednesday that it’s buying Jony Ive’s AI devices startup io for $6.4 billion in an all-equity deal that includes its current stake in the company.Ive is taking on “deep creative and design responsibilities across OpenAI and io,” OpenAI said in a statement. The company said that io is merging with OpenAI, while Ive and his “creative collective”…
In this February 15, 2025 a Boeing 747 sits on the tarmac of Palm Beach International airport after US President Donald Trump toured the aircraft on February 15, 2025.Roberto Schmidt | Afp | Getty ImagesThe Trump administration has formally accepted a Boeing 747 jet that was gifted to the U.S. by the government of Qatar, the Pentagon said Wednesday.Defense Secretary Pete Hegseth accepted the luxury plane “in accordance with all federal rules and regulations,” Pentagon spokesman Sean Parnell said in a statement to CNBC.The Department of Defense will work to ensure that the jet, which President Donald Trump wants to…