Small Business Admin Administrator Kelly Loeffler discusses priorities for helping DOGE on Fox News. Speaker Mike Johnson expresses concern over proposed stimulus checks and focuses on fiscal responsibility and national debt. President Trump considers giving 20% of DOGE-led savings back to taxpayers. Elon Musk aims to cut federal spending by $2 trillion. Johnson warns of potential tax increase if Trump's 2017 Tax Cuts and Jobs Act is not extended.
The Department of Government Efficiency (DOGE) is working to simplify the federal government's credit card program, which spent nearly $40 billion in Fiscal Year 2024, by reducing administrative costs and reporting back in one week. The program has seen a significant increase in spending and transactions in recent years.
Hyundai Motor Company and Kia plan to increase American automobile production by 70% to avoid President Trump's proposed 25% auto tariff. South Korea's auto exports could drop to 18.6% if the tariff is imposed. Nissan CEO also considers moving automobile production out of Mexico due to potential tariffs.
The article discusses the innovative building style known as SuperAdobe, which uses natural materials like soil and sandbags to construct fireproof homes. These homes have been proven to withstand natural disasters and are gaining interest in Los Angeles post-wildfires. CalEarth, an organization championing SuperAdobe, offers free building curriculum and workshops to help individuals rebuild their homes in a sustainable and cost-effective way.
Netflix commits to investing $1 billion in Mexico for the production of series and films over the next four years. This investment aims to benefit Mexican production companies and contribute to the growth of the local audiovisual industry.
Gunshots shattered glass at a Tesla dealership in Salem, Oregon, with previous incidents of vandalism in the state. The FBI is involved in the investigation. AWR Hawkins is a Second Amendment columnist for Breitbart News.
A man in Michigan won over a million dollars in the lottery after playing the same numbers for four years. He plans on taking an extended family vacation with his winnings.
Germany's economy has stagnated due to too little investment, too much bureaucracy, and the impact of the war in Ukraine. This issue is significant in the upcoming German election.
Elon Musk has been expanding his business empire in Texas, particularly in rural Bastrop County, where he has concentrated several of his companies. The growth is causing a mix of hopes and concerns among the local residents.
First generation farmer Gale Livingstone and volunteers are planting seeds at Deep Roots Farm in Upper Marlboro, Md. Livingstone, a recipient of USDA assistance, faces uncertainty due to funding freezes. Black farmers, historically disadvantaged, are particularly affected by delays and inefficiencies in the USDA loan process. John Boyd Jr., a fourth-generation Black farmer, is leading a class-action lawsuit for debt relief promises unfulfilled by the government. President Biden's American Rescue Plan Act aimed to provide debt relief for socially disadvantaged farmers but faced backlash and was replaced with a race-neutral program.
China's ambassador to the WTO warned that President Trump's tariff policies could trigger a global recession. The WTO meeting did not resolve trade issues, but China used it to rally support against the US. US envoy criticized China for not following WTO rules. Trump imposed tariffs on Chinese imports due to China's unfair trade practices. US Trade Representative nominee called for lower import barriers to avoid tariffs.
Elon Musk is considering the idea of rebating savings from DOGE to American taxpayers, potentially offering $5,000 per household. This proposal has political and financial implications, with potential benefits for taxpayers and challenges for Democrats and the media.
President Trump suggested giving 20% of the savings from Elon Musk's Department of Government Efficiency back to American citizens. The savings are significant, with DOGE aiming for $2 trillion in total savings. This proposal came after a suggestion from InvestAzoria CEO James Fishback for a 'DOGE Dividend' funded by a portion of the total savings delivered by DOGE.
Target is facing backlash for retreating from its DEI programs, with accusations of promoting queer activities for children during Pride Week and hiring a Satanist to design a Gay Pride clothing line. The company is now caught between appeasing leftists and alienating 'Normal People'. A boycott has been called for and foot traffic to Target stores has dropped following the DEI rollback.
Investor pessimism is currently high, which historically indicates a good time to buy stocks. Market performance following previous high bearishness has been positive. Institutional investors are concerned about overvaluation in the U.S. stock market and a potential global trade war, but optimistic about gold. The article emphasizes the importance of buying from pessimists and selling to optimists in investment decisions.
Meghan Markle faced backlash for naming her lifestyle brand As Ever, which was already the name of a small clothing brand in NYC. The founder of As Ever NYC expressed his disapproval and doubts legal victory due to the power and money behind Markle's venture.
A study by WalletHub reveals that many major U.S. cities are facing increasing financial distress, with Southern cities like Houston, Atlanta, and Jacksonville being hit the hardest. The study analyzed various financial metrics to paint a concerning picture of growing financial instability in urban areas.
President Trump is considering giving 20% of identified savings back to Americans, funded with DOGE savings, potentially impacting inflation and the economy. Economists warn of the effects on inflation and debt.
A professor warns that Elon Musk's actions could lead to a deep recession in the US due to job losses and government spending cuts.
The IRS plans to lay off 6,000 employees during tax-filing season, with newer hires being targeted. This may impact tax collections and customer service.
Walmart provided a disappointing earnings outlook with a warning of the first year-over-year decline in quarterly profit in three years. The warning may be more related to weight-loss drugs than tariffs.
Costco faces backlash for refusing to adhere to President Trump's suggestion to ban DEI hiring policies, despite other major corporations backtracking due to legal and financial risks.
Igloo is recalling over 1 million coolers sold in the U.S., Mexico, and Canada due to a handle hazard that led to injuries including fingertip amputations. Consumers are advised to stop using the coolers and contact Igloo for a free replacement handle.
Indian officials prioritize large-scale Indian migration into the United States, which faces opposition from Americans. Efforts are made to downplay the issue in media and trade talks, focusing on minor concessions for illegal migrants instead. The H-1B visa program and its impact on American professionals are central to the debate.
A bakery owner in New Hampshire is in a First Amendment dispute over a mural showing pastries, with the town claiming it violates sign regulations. The case is headed to trial to determine if the town is infringing on the bakery owner's free speech rights.
Major US banks have shut down over 100 locations in just three weeks, with closures expected to continue throughout 2025. Experts predict a 4.11% decrease by the end of the year. Despite the shift towards online banking, many Americans still prefer in-person banking services.
The State Department planned to buy Armored Teslas but changed it to Armored Electric Vehicles after reports of conflict of interest with Elon Musk. No government contract has been awarded to Tesla or any other vehicle manufacturer. Musk insists on transparency with his government-related actions.
Tesla Cybertruck owners face political scrutiny and vandalism due to the vehicle's association with Elon Musk and its unique design. The Cybertruck's rugged features and marketing appeal to conservative states, while its luxury and technology attract buyers looking for top-of-the-line EVs.
The IRS processed 11.7 million tax returns in the first week of the 2025 filing season. Taxpayers can track their refund status online. The agency recommends filing electronically for quicker refunds. Delay for Earned Income Tax Credit and Additional Child Tax Credit refunds. Direct File program expanded to 25 states for free tax return service.
Apple has resumed advertising on X after a year, following a trend of major advertisers pausing ads on Elon Musk's platform due to concerns about 'brand safety.' The move comes after a significant shift in the relationship between Big Tech and Musk since President Trump took office.
Wind advisory issued for Central and South Central Kansas from 9 AM to 6 PM CST on Friday with gusts up to 45 mph expected. Denny's is closing additional restaurants to jumpstart growth due to rising costs and inflation.
Republican lawmakers are pushing to repeal the federal inheritance tax, also known as the 'death tax,' citing it as a financial burden on grieving families and small businesses. They argue that it unfairly targets family farms and small businesses and threatens their viability. The proposed bill aims to abolish the tax altogether.
Mowi, a seafood company in Norway, is offering a reward for each of the 27,000 Atlantic salmon that escaped from their farm. The escaped fish, weighing about 12 pounds each, are believed to be off the coast of Troms. There are concerns about the impact on the wild salmon population if the farmed salmon are not recaptured.
Valentine’s Day is almost here, and if you’re looking for a last-minute gift, consider digital gift cards, e-gifts, and subscriptions. They offer convenience, choice, and instant delivery. Options range from fashion to food, catering to various preferences.
Joann, the fabric and craft chain, plans to close about 500 stores across the country, constituting more than 60% of its retail outlets, due to slumping sales and declining market share. This is the company's second Chapter 11 bankruptcy in less than a year.
A bakery owner in New Hampshire is in a First Amendment dispute over a mural depicting a mountain range made of pastries. The town considers the mural a sign and wants it removed due to size restrictions.
Protectionism threatens to fuel inflation, push up interest rates, and end the bull run in equity markets. The US economy is currently experiencing strong growth, but there are concerns about excessive government borrowing, rising stock prices, and increased consumer spending creating a bubble. President Trump's trade tactics are seen as risky, potentially leading to a trade war that could disrupt global markets.
Americans are struggling to manage rising debt burdens, with increases seen in overall debt levels, credit card balances, and delinquency rates. The Federal Reserve Bank of New York released a report detailing the challenges faced by households in major loan categories.
The Ivanpah Solar Electric Generating System in California's Mojave desert is closing 14 years early despite $1.6 billion in loan guarantees from the Department of Energy. It has been criticized for incinerating birds and other animals within the reflecting zone.
Major US banks have closed over 100 locations in just three weeks, with experts predicting 2025 to be a record year for closures. Despite the shift towards online banking, many Americans still prefer in-person services, leading to concerns about dwindling local services and customer experience.
Disney's recent shifts in diversity programs to appease President Trump and the MAGA crowd have left some staff feeling uneasy. The company has made changes to its DEI initiatives and content, leading to internal dissent and concerns about the direction of the company.
Rezvani Motors has introduced the Vengeance, a luxury SUV redefining the market with military-inspired design and high-end features. The vehicle offers exceptional security with bulletproof glass, armor, gas masks, bulletproof vests, and more. It targets high-net-worth individuals and celebrities seeking maximum protection.
Financial advisor Eugene Ludwig criticizes government statistics and argues that voter perception of the economy is more accurate. He questions the accuracy of unemployment and inflation data, urging both Republicans and Democrats to take a more realistic view of the economy.
Rising instability among some of the biggest US stocks is driving a measure of single-stock “fragility” to record levels, with potential warning signs for the broader market due to increased volatility among individual stocks.
The State Department planned to buy $400 million worth of 'Armored Tesla' vehicles, but after potential conflict of interest reports involving Elon Musk, the procurement forecast was updated to 'Armored Electric Vehicles.' Tesla has not yet been awarded a contract for producing these vehicles.
Legislation introduced to cap credit card interest rates at 10% to provide economic relief for Americans drowning in credit card debt. Proposal supported by both Democrats and Republicans, aiming to end the practice of charging exploitative interest rates by big banks.
President Trump's Stargate AI investment project, backed by OpenAI, Oracle, and SoftBank, involves a $500 million investment to build large-scale AI campuses in multiple states, with the first site under construction in Texas. The project aims to maintain a competitive advantage over China in the AI race.
Charlie Carroll, owner of Table 33 in Dayton, Ohio, discusses the Make America Healthy Again movement and the emphasis on whole foods at his restaurant.
Ken Griffin, founder of investment firm Citadel, warns that President Trump's tariff policies could harm America's economic growth, causing uncertainty and chaos. Griffin, a Republican supporter critical of some of Trump's policies, believes the tariffs may increase the US deficit and hinder competitiveness. Business leaders express concern over the impact of Trump's U-turns on tariffs, leading to a decline in enthusiasm for his administration's pro-growth promises.
Inflation in the U.S. accelerated in January 2025, putting pressure on the new administration to address rising prices. The Consumer Price Index rose above expectations, indicating ongoing inflation concerns. President Trump's economic policies are under scrutiny for their impact on inflation rates.
US inflation accelerated last month due to rising costs of groceries, gasoline, and rents, likely leading the Federal Reserve to delay further interest rate cuts. The consumer price index increased 3% in January from a year ago, up from 2.9% the previous month.
Democratic and Republican lawmakers agree with President Donald Trump's decision to eliminate the penny due to the high cost of production compared to the coin's value.
Bolivia must pay $2 billion plus interest to Chinese and Russian companies for building lithium processing plants in the country, despite already offering them preferential extraction rights. Critics question the high interest rates and lack of profitability in the deals.
Former Theranos CEO Elizabeth Holmes shares details of her life behind bars, separated from her family, after being convicted of fraud in the collapse of her billion dollar biotech corporation. She is serving a 9-year sentence in Federal Prison Camp Bryan in Texas, while maintaining her innocence and working towards criminal justice reform. Holmes is focused on her family, health, and future plans upon release.
The State Department's procurement forecast lists Tesla as the recipient of a $400 million contract for 'Armored Tesla.' The contract is expected to last for five years and was modified on December 13, 2024, after Donald Trump's election. Elon Musk, head of Tesla and a senior government official, has been halting government contracts. Drop Site has no government contracts and is considering subscriptions.
Energy Secretary Chris Wright discusses top priorities under President Trump, praising the decision to roll back a Biden-era climate rule by the U.S. Securities and Exchange Commission. Former state attorneys general and current officials express relief over the move, citing concerns about federal overreach and financial burdens on companies.
Amazon's Presidents' Day sale features significant discounts on home and kitchen essentials. Check out 20 great deals on items like pillows, portable cleaners, sheets, vacuum cleaners, surge protectors, mattress toppers, power supply bundles, electric pressure washers, mesh WiFi systems, stand mixers, pots and pans, knife sets, cutting boards, air fryers, slow cookers, drinkware, shelf liners, electric kettles, and cooking utensils.
President Trump and Elon Musk discuss the Department of Government Efficiency from the Oval Office. An employee mistakenly had read/write access to a database, but the issue was quickly corrected. The Treasury Department is involved in a case regarding access to payment systems. Elon Musk leads the DOGE effort to combat waste, fraud, and abuse in the government.
Vince Bodiford, a local newspaper publisher in Cheyenne, Wyoming, took his own life, leaving behind his wife, children, and grandchildren. He was well-respected in the community and had a successful media career spanning several states. His death has shocked his family and the tight-knit community.
Inflation in the United States surged higher in January, with the consumer price index rising 0.5 percent from the prior month and 3 percent from a year ago. Core inflation, excluding food and energy prices, also increased. The unexpected strength of inflation raises questions about the Fed's rate-cutting decisions.
Ken Griffin, founder of investment firm Citadel, warns that President Trump's tariff policies could harm America's economic growth by creating uncertainty and chaos in trade dynamics. Griffin, a Republican supporter critical of Trump's policies, believes the tariffs could increase the US deficit and hinder multinational planning. Trump's U-turn on tariffs has rattled business leaders and investors, leading to a decline in deal-making and a shift in priorities to deal with policy issues.
Inflation in the U.S. quickened in January, putting pressure on the new administration to fulfill its campaign pledge to lower prices. The Consumer Price Index rose by 0.5% month-over-month, exceeding expectations. Core inflation also increased, indicating ongoing inflationary pressures. This may influence the Federal Reserve's decisions on interest rates.
U.S. inflation accelerated last month due to rising costs of groceries, gasoline, and rents, exceeding the Federal Reserve's 2% target. The unexpected boost in inflation could dampen business enthusiasm after Trump's election. Higher prices are impacting consumers, with grocery prices and car insurance costs on the rise. The Federal Reserve is likely to delay further interest rate cuts due to the current inflationary pressures.
The consumer price index rose more than expected in January, pushing annual inflation to 3%. This may influence the Federal Reserve to maintain interest rates. Markets reacted negatively to the news, with futures dropping and bond yields increasing. Various factors like shelter costs, food prices, and energy costs contributed to the inflation rise.
After the Philadelphia Eagles won the Super Bowl, safety C.J. Gardner-Johnson faced negative Yelp reviews for his restaurant due to a social media post targeting Chiefs star Travis Kelce, with some attributing the attack to Taylor Swift fans. The reviews were later removed by Yelp due to unusual activity.
StackSocial is offering discounts on memberships and rewards to wholesale clubs like BJ's, Sam's Club, and Costco, providing savings on groceries, home essentials, electronics, and more.
Business lobbyists are pressuring President Trump and GOP politicians to import more low-wage migrants for jobs, targeting influential business allies and members of Congress. The campaign, called 'Make America Wealthy Again,' aims to change Trump's stance on immigration. The article highlights the impact of high-skilled visa programs on American workers and the economy, contrasting with successful Chinese innovation. Trump's resistance to pro-migration pressure may lead to a more prosperous America for Americans.
Ford CEO Jim Farley warns that President Trump's tariff threats will have a devastating impact on the auto industry, leading to increased costs and chaos.
Gas prices are rising in the U.S. due to climbing oil prices, sanctions on Russian and Iranian supplies, and ongoing turmoil in the Middle East. This increase is impacting American drivers and may affect voter sentiment towards the Trump administration.
Price growth unexpectedly sped up in January, posing a challenge to President Trump's economic agenda. Inflation for core items rose 3.3% over 12 months, surpassing expectations. Egg prices soared, housing costs, vehicle insurance, airfares, and education prices also increased, leading to market declines. Trump called for lower interest rates, potentially risking inflation. The administration may consider curbing consumption to address price growth. Trump's trade policies have caused uncertainty, with tariffs triggering price hikes. Federal Reserve Chair Powell indicated readiness to adjust interest rates based on economic conditions.
President Donald Trump signs executive order giving tech billionaire Elon Musk more power over federal workforce, directing agencies to consult with Musk's office to cut jobs and limit hiring. Musk, the CEO of Tesla and SpaceX, wields federal authority while serving as a 'special government employee.' Musk and Trump speak about alleged waste, fraud, and abuse but provide few details. Musk considers high net worth of federal employees a sign of potential fraud. Trump dismisses concerns about violating the Constitution and attacks federal judge who granted temporary restraining order related to Musk's activity in the Treasury Department.
President Donald Trump accuses big banks of politically motivated debanking. The issue is driven by vague regulations and regulatory malfeasance. Congressional hearings investigate the matter. The real problem lies with unaccountable bureaucrats. Calls for enhanced accountability and modernization of laws to prevent future misuse of banking regulations.
Sen. Jim Banks praises President Trump for saving the steel industry and vows to continue promoting America First policies in the Senate to ensure the industry can compete globally.
Egg shortage caused by avian flu prompts grocery stores like Costco and Trader Joe's to limit purchases. Prices have risen by 14% and are expected to increase by 20% due to over 40 million bird deaths last year.
Executives at Walt Disney Company are concerned about rising prices at theme parks, leading to a decline in return visits. The price of a four-day stay has increased by $1000 between 2019 and 2024, with most of the rise coming from new charges for once-free services. This has dampened fan enthusiasm and attendance growth.
BMW's conservative approach to EV adoption by investing in flexible platforms for internal-combustion, hybrid, and electric powertrains is paying off as the company navigates the uncertain transition to electric vehicles. The strategy has allowed BMW to adjust its product mix easily and maintain a balanced portfolio as consumer preferences evolve.
President Trump orders Treasury Secretary to halt minting pennies due to cost; blames deficit-fueled inflation and devaluation of currency. Advocates for cutting government spending to address economic issues.
Meta, led by Mark Zuckerberg, is laying off five percent of its workforce while also fast-tracking the recruitment of machine learning engineers for AI roles. Employees claim they were unexpectedly terminated despite positive performance reviews.
Federal Reserve Chair Jerome Powell sees little urgency to lower interest rates due to a strong labor market and lingering inflation risks. The Fed is expected to keep rates steady at its next meeting.
Elon Musk and a group of investors made a $97.4 billion unsolicited offer to acquire control of OpenAI, sparking a legal dispute with CEO Sam Altman. The bid aims to keep OpenAI as an open-source, safety-focused entity. Altman rejected the offer, leading to further tensions between the parties.
President Trump is fighting against Joe Biden's green energy regulations on household appliances, aiming to revert back to the standards set during the Trump administration. Biden had imposed climate standards on appliances like gas stoves and washing machines, leading to higher prices and potential inefficiencies. Trump and Republicans are pushing back against Biden's green energy initiatives.
Avian flu has caused an egg shortage, leading grocery stores like Costco and Trader Joe's to limit purchases. Trader Joe's allows one dozen eggs per day, Sprouts Farmers Market limits to four dozen per visit, and Costco imposes a three-package limit per person.
Texas cities Austin, San Antonio, and Houston are among the most debt-ridden in the U.S., primarily due to high auto loan debt. Despite affordable housing, Texans face significant non-mortgage debt, property taxes, and low wages compared to other states.
Sen. Elizabeth Warren urges the FDIC to reevaluate the decision to rescind job offers to bank examiners due to staffing shortages threatening banking system stability. Warren and other senators highlight how the lack of examiners contributed to a bank failure in March 2023.
The Walt Disney Company is reportedly dropping its 'Reimagine Tomorrow' Diversity, Equity, and Inclusion program from its 2024 SEC filing due to investor pressure. The program aimed to amplify underrepresented voices and champion accurate representation in media and entertainment.
A study by the University of Michigan National Poll on Healthy Aging shows that seniors who work past 65 report stronger benefits to their health and well-being, higher job satisfaction, and feeling valued at work. Remote work is becoming more common for older workers, and many find rewards in their jobs such as mental sharpness and social connections.
YouTube now gets more viewership on TV sets than on mobile devices in the U.S. CEO Neal Mohan shared stats in his annual letter, highlighting the platform's growth and impact on culture. YouTube has transformed from grainy videos to popular talk shows and films. The company's big bets for 2025 include cultural relevance, the creator community, the living room, and AI advancements.
Senator Tom Cotton condemns Elon Musk for 'chasing Chinese dollars' and appeasing China's Communist rulers in his new book. Cotton criticizes other tech titans for similar behavior and raises concerns about Chinese influence on American companies. He also touches on Trump's connections to China and policies regarding Chinese investments in the US.
A 19-year-old software engineer nicknamed 'Big Balls' has been hired as a senior advisor to the U.S. State Department after working at Elon Musk's Neuralink and DOGE. Edward Coristine, the real name of 'Big Balls,' has a controversial past including leaking company information and being associated with a group known for criminal activities.
OpenAI CEO rejects Elon Musk's offer to purchase control of OpenAI, accusing Musk of trying to slow down the company's progress. Altman dismisses concerns about Musk's influence on President Trump and describes Musk as a 'not happy person.'
Microsoft Office and various Microsoft programs are currently on sale at significant discounts, offering lifetime licenses for popular apps such as Word, Excel, PowerPoint, and more.
Former IRS Special Agent Tigran Gambaryan's trip to Nigeria in 2024, meant to showcase the safety of crypto, took a dark turn when he was detained for eight months after being accused of crimes by Nigerian officials.
Many Americans believe tariffs will help the U.S. economy despite economists warning of the negative effects. Research on the 'China Shock' has shown devastating impacts on American communities due to increased Chinese imports. The China Shock economists advocate for greater government intervention in markets to support affected workers and communities.
The proximity of ChatGPT founder Sam Altman to the new president is causing tension as Elon Musk criticizes their AI project Stargate, leading to a feud and potential strain on relationships.
OpenAI CEO Sam Altman rejects Elon Musk's $97.4 billion takeover bid, accusing him of trying to gain a competitive advantage. Altman emphasizes that OpenAI is not for sale and remains committed to its mission.
President Donald Trump imposed 25% tariffs on all steel and aluminum imports to the United States in order to boost domestic production, secure industries, and create jobs. The tariffs are seen as a negotiating tool to extract concessions from other nations.
Americans are showing increased optimism in the U.S. economy, financial markets, and household finances. Polls indicate a surge in confidence, especially among different income levels, genders, political affiliations, and age groups. This optimism is likely to lead to increased spending and investing, with positive expectations for the stock market, economic growth, and inflation.
Red Seat Ventures, a media company hosting popular figures like Tucker Carlson and Megyn Kelly, has been acquired by Rupert Murdoch's Fox. It will operate independently under Tubi Media Group. The acquisition aims to drive additional scale in genres like sports, news, and entertainment.
William Lauder, heir to the Estée Lauder fortune, is set to make $178 million by selling an oceanfront plot in Palm Beach, FL. He had purchased two properties totaling 2.8 acres in 2020 and 2021, razed the existing homes, and listed the vacant lot for $177.8 million in 2023. The sale is expected to set a new record for Palm Beach real estate.
A prime plot of land on 'Billionaire's Row' in Palm Beach, FL, is listed for $200 million, offering a rare opportunity for new construction without the need for demolition. The property spans from ocean to lake, making it unique in the area.