The Federal Trade Commission (FTC) has lost its appeal to block Microsoft’s $68.7 billion acquisition of gaming powerhouse Activision Blizzard, dealing another blow to the Biden administration’s aggressive regulatory stance against Big Tech mergers.

The Federal Reserve maintained its benchmark interest rate at 4.25% to 4.5% on May 7, 2025, citing escalating risks of inflation and economic slowdown due to ongoing trade tensions and tariff policies.

President Donald Trump’s aggressive tariff strategy is delivering a major boost to American manufacturers, with new orders and job growth climbing as companies move away from Chinese suppliers. A 145% tariff on Chinese goods has made American-made products more competitive, forcing many firms to reshore operations and invest in U.S.-based production.

California Governor Gavin Newsom (D) announced that he is seeking to partner with President Donald Trump on the proposed plan to implement tariffs on films made outside the United States.

Kennedy Center President and Interim Executive Director Richard Grenell has publicly refuted an Associated Press (AP) report alleging that the venue canceled a week's worth of Pride-related events. Grenell asserted that no events were canceled by the Kennedy Center, emphasizing that organizers independently chose to relocate their programs.

Two Israeli nationals were found murdered in separate homes in Los Angeles’ San Fernando Valley on Saturday, with police confirming that the brutal killings occurred just hours apart. While authorities have not established a direct link between the homicides, the back-to-back murders have left the Jewish community on edge.

The White House has unveiled a new online tracker highlighting a surge of over $8 trillion in corporate investments since President Donald Trump’s return to office.

NPR and PBS received millions more in taxpayer dollars than they disclosed on their official tax filings for Fiscal Year 2023, according to a new report by government watchdog OpenTheBooks. The revelation has renewed calls from Republican lawmakers and President Donald Trump to defund both media entities over alleged bias and misuse of public funds.

Breitbart News has emerged as a dominant force in digital media engagement, ranking in the top ten publishers on both Facebook and X (formerly Twitter) during the first quarter of 2025, according to NewsWhip’s latest analysis. The report credits a major algorithm shift at Facebook for driving a 200% increase in news content engagement compared to the same period last year, with conservative outlets leading the charge.

Meta CEO Mark Zuckerberg is pushing for widespread adoption of AI-generated "friends," claiming the technology can ease loneliness and fill social voids in modern life. In a recent interview on the Dwarkesh Podcast, Zuckerberg said people increasingly lack personal connections and that AI companions could become a rational alternative.