Chuck Schumer Calls Arguments Against Student Debt A 'Myth' In Sharp Rebuke Of Joe Biden
Senate Majority Leader Chuck Schumer took aim at President Biden's arguments against forgiving large swaths of student debt by suggesting they were based on myths about the move benefitting only the wealthy.
Former DeSantis Rival Andrew Gillum Indicted By Feds Over Fraud Allegations
Andrew Gillum, the former mayor of Tallahassee who ran against Gov. Ron DeSantis in 2018, has been indicted by federal prosecutors on allegations of fraud related to a three-year wire fraud scheme.
Biden's Gas Tax Holiday Proposal Faces Chilly Reception From Democrats
President Biden is running into resistance from Democrats in Congress ahead of an expected proposal for a three-month gas tax holiday that he hopes will hold down gas prices this summer.
Elon Musk's Ex-Wife Says She Is 'Very Proud' Of Transgender Daughter For Wanting To Change Name
Elon Musk’s transgender child is looking to cut ties with her father in "any way, shape or form" and her mother has indicated that she supports the decision.
Kremlin Waves Off Rumors About Putin's Health, Points To Russian President Playing Hockey
The Kremlin's press secretary threw cold water on any suggestion that Putin was suffering from poor health. As proof, he said Putin played hockey just this weekend.
Why Kellogg Is Breaking Up After 116 Years In Business
Kellogg has announced plans to split into three separate companies, a move it says will allow it to focus on maximizing growth for its brands.
Facebook Takes Down GOP Senate Hopeful’s 'RINO Hunting' Ad
Eric Greitens, a Republican Party candidate for the U.S. Senate in Missouri, had an ad removed for advocating violence against "RINO" Republicans.
Donald Trump Restarts Feud With Bill Maher Over Fox News Appearance That Never Happened
Over the weekend, former President Donald Trump assailed "stupid" Fox News for interviewing Bill Maher, though the comedian has made clear he never had a recent booking with the network.
Economists Raise Alarm That Recession Is Closing In After Yellen, Biden Play Down Risks
A recent survey by economists found that many predict a recession in the next year, a sharp contrast to the Biden administration which has played down warnings of a recession.
What Is Stagflation And Can The Fed Stop It Without Triggering A Recession?
Stagflation is back in vogue as a term as the U.S. economy stares down the prospect of weak growth and high inflation. As the Fed moves to tighten interest rates, can it ward off stagflation without causing a recession?
Proud Boys Aimed To Take Over Supreme Court, Other Government Buildings On Jan. 6
New court documents in the case of a member of the Proud Boys charged with seditious conspiracy have revealed a plan for the group to occupy the Supreme Court and other government buildings during the Capitol Riot.
Herschel Walker Again Admits He Has More Children After New Report Surfaces
The Republican U.S. Senate nominee in Georgia admitted to having four children after initial reports revealed he had one child out of wedlock.
DeSantis Panned For Joking He Welcomes 'Support From African Americans' Like Elon Musk
Florida's Republican Governor Ron DeSantis has been criticized for saying he welcomes "support from African Americans" like South Africa native Elon Musk after the world's richest man offered an early endorsement of a 2024 bid for the White House.
Fed Hikes Interest Rates By Highest Increase Since 1994 To Help Tackle Inflation
The Federal Reserve raised interest rates in the largest rate hike enacted since 1994. The move comes as the U.S. faces rising inflation.
Canadian Actor Pleads Guilty To Murdering His Mother, Also Wanted To Kill Justin Trudeau
Ryan Grantham, 24, appeared in court for sentencing for the murder of Barbara Waite in April 2020.
Bill Gates Throws Shade On Crypto, NFTs As Untrustworthy Amid Digital Assets' Downturn
Bill Gates dismissed digital assets like cryptocurrency and NFTs as "100% based on greater fool theory” at a recent conference.
Elon Musk Teases Who He Will Vote For In 2024. It Is Not Joe Biden
Elon Musk has been vocal about how his political views have been evolving from a largely middle of the road voter to one inclined towards the Republican Party.
Donald Trump's Niece Says His Relationship With Ivanka Is 'Entirely Transactional' After Jan. 6 Testimony
Former President Donald Trump's niece Mary Trump said that her uncle's relationship with Ivanka is likely strained to some extent, but predicted the two would maintain an "entirely transactional relationship" so long as it was useful.
'We're Not Abusing Our People:' Starbucks CEO Defends Opposition To His Workers Unionizing
Starbucks' CEO Howard Schultz defended his opposition to unionization drives by his workers by arguing that unions should only be formed by workers with abusive employers.
Coinbase Lays Off 18% Of Workforce In Latest Sign Of Distress Eating Into Crypto Sector
Coinbase's CEO Brian Armstrong announced the move as motivated by his firm's rapid growth during a bull market and concerns about a possible recession over the horizon.
Wholesale Prices Jump 10.8% In May, Raising Pressure To Tame Raging Inflation
Prices for wholesale goods in the United States charged forward by 10.8% in May from the same time last year, the latest reminder that inflation is continuing to rampage across the economy.
Bitcoin Sinks Below $24,000 As Crypto Market Is Rocked By Wider Market Fears
Bitcoin plunged about 15% in 24 hours and is trading at about half of what it was worth in March.
Amazon Moves To Undo Staten Island Election, Accuses Union Of Trading Weed For Votes
Amazon is receiving its day in court as it moves to undo a successful unionization bid at one of its Staten Island warehouses. Among its charges is that union organizers offered free weed for votes.
Tesla Left In A 'Very Tough' Spot Over China Lockdowns, Admits Elon Musk
Tesla CEO Elon Musk thanked his employees for persevering through a "very tough" quarter, noting the pain on the company from shutdowns in China that kept one of its largest plants locked down.
Trump Says Bill Barr 'Sucked' After Former AG's Testimony To Jan 6 Committee
Former President Donald Trump railed against the first public hearings of the January 6 select committee, training his fire on his former Attorney General Bill Barr and his daughter Ivanka for rebuking his election fraud conspiracy theory.
US Consumer Sentiment Sinks To Lowest On Record As Inflation Roars
Consumer sentiment in the United States experienced a nosedive as more Americans became pessimistic in the face of stubborn inflation that has driven up costs for basic goods.
Inflation Soars Back By 8.6% In May In Bitter Reversal For US Economy
Inflation rebounded in May with a 8.6% increase, the highest seen by the United States economy since December 1981. This surge has been driven by runaway energy costs and the rising price of food.
Mexico's President Wanted To 'Blackmail' Biden By Skipping California Summit: Senator
New Jersey Senator Bob Menendez accused Mexico's President Manuel Lopez Obrador of trying to "blackmail" President Biden by refusing to attend a major summit in Los Angeles over the exclusion of several authoritarian leaders.
CEOs To Congress: Do Something To Prevent Gun Violence After Buffalo, Uvalde
More than 200 CEOs from across the United States called on the Senate to take action to prevent more gun violence in the wake of recent mass shootings in Buffalo and Uvalde.
Recession Is Unavoidable In 2023, CFOs Say In Survey
A new survey of chief financial officers found that about 73% predicted that a recession would hit the United States economy by the start of 2023.