Incoming Deputy Chief of Policy Stephen Miller confirmed on Sunday that comprehensive tax reform will be a top priority for President-elect Donald Trump’s administration, dispelling rumors of any potential delays. Miller stated that Congress will begin addressing tax reform immediately after tackling the border crisis, with a proposed timeline starting in January or early February.
The University of Michigan, home to the country’s largest and most expensive diversity, equity, and inclusion (DEI) program, is under fire for its reported failures and escalating tensions on campus. With over $250 million invested since 2016 and an annual operating budget of $30.68 million, the program is facing criticism for fueling divisions while failing to achieve its stated goals.
Earlier this year, the FDA approved a supplement for dairy cattle designed to reduce their methane emissions by 30%. The supplement, called Bovaer, was considered a "first-in-class methane-reducing feed ingredient," a press release says.
Bitcoin reached a record price of $100,000 on Wednesday, marking an extraordinary milestone for the once-niche digital currency. The achievement underscores Bitcoin’s evolution from an experimental asset dismissed by Wall Street into a central player in global finance.
All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.
President Joe Biden has announced over $1 billion in humanitarian aid to assist individuals displaced by drought and conflict across 31 African nations. This commitment was unveiled during his recent visit to Angola, where he emphasized the United States' dedication to supporting Africa's humanitarian needs.
President-elect Donald Trump has pledged to block the sale of U.S. Steel to Japan’s Nippon Steel, proposing tax incentives and tariffs to preserve the historic American company. Nippon Steel offered $15 billion for the acquisition, but Trump declared his opposition, citing economic and national security concerns.
Lindy Li, a prominent Democrat megadonor and former member of the DNC finance committee, has raised serious concerns about the handling of campaign funds by the Kamala Harris presidential campaign.
The Biden administration announced new restrictions Monday targeting the export of advanced semiconductor chips and manufacturing equipment to China. The measures, introduced by the Commerce Department's Bureau of Industry and Security, aim to limit Beijing's ability to develop advanced technologies, including artificial intelligence and military applications.
