Investment

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.

Trump Announces $20 Billion Investment, Oil Drilling Expansion at First Post-Certification Press Conference

President-elect Donald Trump addressed the nation Tuesday in his first press conference since Congress certified his election victory. Speaking from his Mar-a-Lago estate, Trump unveiled a series of economic initiatives, including a $20 billion investment in U.S. data centers and plans to reverse President Biden's restrictive energy policies.

Make the Gulf Great Again: Trump Suggests He Will Rename the Gulf of Mexico

President-elect Donald Trump announced plans to rename the Gulf of Mexico to the "Gulf of America," describing the move as both symbolic and fitting. Trump made the statement during a press conference at Mar-a-Lago, his first public appearance since Congress certified his victory over Vice President Kamala Harris.

Maryland Ivy Leaguer Accused of CEO Assassination Hires Notable Prison Consultant

Luigi Mangione, the Maryland Ivy League graduate charged with assassinating UnitedHealthcare CEO Brian Thompson, has retained Craig Rothfeld, a high-profile prison consultant known for advising disgraced movie producer Harvey Weinstein.

Biden Announces $306 Million to Prevent ‘Potential Bird Flu Outbreak’

In a move that raises eyebrows, the Biden administration has announced a $306 million investment aimed at bolstering bird flu monitoring and preparedness efforts across the United States.

Biden Blocks Sale of U.S. Steel

Outgoing President Joe Biden announced that he blocked the sale of U.S. Steel to Japanese firm Nippon Steel.

Investment Bank Leaves Net-Zero Climate Alliance

Investment bank Morgan Stanley announced that it left the Net-Zero Banking Alliance (NZBA).

PJM Faces Scrutiny as Energy Costs Set to Surge Amid Growing Renewable Push

PJM, the largest power grid operator in the U.S., faces increasing scrutiny as it struggles to balance growing energy demands with the transition to renewable resources. The organization manages the flow of power across 13 states and Washington D.C., but critics argue that outdated systems and slow project approvals are driving up costs for consumers.

Trump, China, and the Panama Canal: America’s Fight for Control

The Panama Canal, often heralded as one of the Wonders of the Modern World, is far more than a feat of engineering—it is a cornerstone of U.S. national security and economic prosperity.

U.S. Launches Investigation into Chinese Semiconductor Industry

The United States announced that it is investigating China's semiconductor industry.

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