Investment

SEC Sues Elon Musk

The U.S. Securities and Exchange Commission (SEC) sued Elon Musk over his $44 billion purchase of Twitter, now called X, in 2022.

Biden Defends Foreign Policy Achievements as Trump Transition Nears

President Joe Biden delivered a speech at the State Department on Monday, reflecting on his foreign policy achievements as his presidency enters its final week.

District Court Finds American Airlines Prioritized Political Agenda in Employees’ Retirement Funds

A district court ruled that American Airlines did not prioritize the financial interests of its employees' retirement funds and instead focused on environmental, social, and governance (ESG) goals.

Raleigh Secures Federal Funding for EV Charging Infrastructure Expansion

Raleigh is the only city in North Carolina to receive funding in the latest round of electric vehicle (EV) infrastructure grants from the Biden administration. The $635 million in grants, part of the $1.2 trillion Infrastructure Investment and Jobs Act of 2021, includes $2.4 million for the deployment of 56 EV charging ports across the city.

Pennsylvania’s Struggle to Protect Jobs Amid Federal Interference

Pennsylvania’s steel industry faced significant challenges this year as federal decisions threatened operations at two major companies: Cleveland-Cliffs and U.S. Steel. While Gov. Josh Shapiro joined bipartisan efforts to protect Cleveland-Cliffs’ Butler County plant, his neutrality on the U.S. Steel merger has drawn criticism from state lawmakers and workers.

BlackRock Exits Climate Pact

Investment company BlackRock announced that it exited the United Nations-supported Net Zero Asset Managers Initiative.

JPMorgan Leaves Climate Alliance

JPMorgan Chase is the latest major financial entity to leave the Net-Zero Banking Alliance.

Political Commentator Demands Trump’s Intervention in California

Political commentator Mike Cernovich called for President-elect Donald Trump to intervene in the state of California to reconstruct its policies to benefit its citizens.

House Republicans Push to Abolish IRS and Implement National Sales Tax

House Republicans are renewing efforts to introduce a national sales tax and abolish the Internal Revenue Service (IRS), framing the measure as a way to ensure illegal immigrants contribute taxes. Representative Buddy Carter (R-GA) will unveil the FairTax Act of 2025 on Thursday, a bill designed to overhaul the U.S. tax system by replacing the federal income tax with a 23% national sales tax.

Yellen Admits COVID Relief Spending Contributed to Inflation

U.S. Treasury Secretary Janet Yellen acknowledged in a CNBC interview that the Biden administration's pandemic stimulus spending may have contributed “a little bit” to inflation.

Latest news

- Advertisement -spot_img