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Economy

Goldman Sachs Job Cuts Begin, Blame AI Revolution

Goldman Sachs has notified employees to prepare for another round of job cuts as the bank pushes to tighten costs and integrate artificial intelligence into its operations.

Treasury Targets Iranian Petroleum

The Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned Iran's petroleum and petrochemical exports.

Gold Rush at Costco: What Last Year’s Gold Bar is Worth Today

Costco’s gold bars were a surprise hit in 2024, flying off virtual shelves as Americans turned to hard assets in uncertain economic times.

Hanson Slams Democrat Claim That ‘Economy Sucks Because of Trump’

Hanson rebuts Democrat claims that the economy “sucks” under Trump, pointing to inflation surges and price spikes during the Biden years.

FAA Warns of Major Flight Disruptions Amid Air Traffic Controller Shortages

The FAA warns of nationwide flight delays and reroutes as air traffic controller shortages hit major control centers during the shutdown.

Tesla Teases Major Announcement With Cryptic Videos Ahead of Tuesday Reveal

Tesla released mysterious teaser videos ahead of a Tuesday announcement, sparking speculation of a cheaper Model Y.

U.S. Businesses in Record Agreements with Foreign Buyers

The Department of Commerce’s International Trade Administration announced that American contractors have a record number of agreements with foreign government buyers.

Trump Economy Mortgage Rates Drop as Investment Surges

The Trump administration is touting a major economic resurgence as a result of its renewed pro-growth, pro-energy, and pro-investment agenda. At a press conference this week, White House Press Secretary Karoline Leavitt highlighted key indicators showing that the U.S. economy is rebounding strongly under President Donald Trump’s leadership—just months after he returned to office.

California Scrambles to Keep Oil and Gas Companies From Leaving

California passes law allowing 2,000 new oil wells per year in Kern County to stop the oil and gas exodus.

IRS Releases Guidelines for ‘No Tax on Tips’

The Treasury Department and IRS released information surrounding the President Trump-backed policy of "no tax on tips."

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