On his second day in office, President Donald Trump addressed the H-1B visa program, acknowledging both sides of the contentious debate while emphasizing the need for "competent people" to contribute to the U.S. workforce. Speaking at a White House press event with CEOs Larry Ellison (Oracle), Masayoshi Son (Softbank), and Sam Altman (OpenAI), Trump described the importance of skilled immigration for economic growth while refraining from endorsing an expansion or reduction of the program.
President Donald Trump unveiled a groundbreaking initiative Tuesday to build colossal artificial intelligence (AI) data centers across the United States.
On Monday, President Donald Trump’s nominee for Commerce Secretary, Howard Lutnick, unveiled a proposal to reintroduce a tariff-focused system for funding the federal government, which he referred to as the “External Revenue Service.” Lutnick announced the initiative at a rally in Washington following Trump’s inauguration, calling it a cornerstone of the administration’s plan to restore American economic greatness.
U.S. defense contractor Anduril Industries announced plans to construct a "hyperscale" manufacturing facility in Ohio to increase the rate of production for autonomous systems.
On January 16, 2025, Senator Ted Cruz (R-TX) reintroduced the bipartisan "No Tax on Tips Act," aiming to exempt gratuities from federal income taxation.
Scott Bessent, nominee for Treasury Secretary under the incoming Trump administration, is set to outline a bold economic agenda during his Senate confirmation hearing Thursday. According to prepared remarks, Bessent will emphasize the need to permanently extend the 2017 Tax Cuts and Jobs Act while advancing new policies to reduce the tax burden on manufacturers, service workers, and seniors.
Coca-Cola CEO James Quincey presented President-elect Donald Trump with a personalized Diet Coke bottle on Tuesday to commemorate his upcoming inauguration. The gift continues Coca-Cola’s tradition of marking U.S. presidential inaugurations with specially branded bottles.
China’s 2025 Spring Festival travel rush, the world’s largest annual human migration, began Tuesday, with officials projecting a record 9 billion trips over the 40-day period known as chunyun. Centered on Lunar New Year, which falls on January 29, the season runs through February 12, culminating in the Lantern Festival.
