Brent Jabbour
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Trump says Musk and DOGE need ‘approval’ amid uproar in Washington
Elon Musk can’t do anything without White House approval, President Donald Trump said Monday, Feb. 3. The comments come as the Treasury Department faces a lawsuit for allegedly sharing confidential information with the billionaire’s Department of Government Efficiency. Musk and DOGE are tasked with reducing the size of government for Trump’s second administration. The president… -
Sam Bankman-Fried’s parents are looking into Trump pardon: Report
The family of one of the most infamous cryptocurrency convicts is reportedly seeking a presidential pardon for their son. FTX founder Sam Bankman-Fried’s parents are in talks with lawyers and other people who have connections with President Donald Trump, Bloomberg reported, citing a “person familiar with the matter.” Stanford Law School professors Joseph Bankman and Barbara… -
DeepSeek faces federal investigation over how it got its AI chips: Report
U.S. officials are reportedly investigating whether Chinese AI startup DeepSeek illegally went around U.S. export controls to score the best Nvidia chips. A Bloomberg report citing people familiar with the matter said the White House and FBI are involved. U.S. export controls bar Nvidia from selling the most advanced AI chips to Chinese companies. The… -
Ex-FAA investigator on DC plane crash: ‘Unprecedented is an understatement’
Washington first responders believe there are no survivors after a midair collision between an American Airlines flight and a military helicopter near Reagan National Airport Wednesday night, Jan. 29. The “unprecedented” crash over the Potomac River is the first such collision in nearly 50 years. Authorities said 60 passengers and four crew members were aboard… -
Fed pauses rate cuts in first interest rate decision since Trump took office
The Federal Reserve paused its short-lived rate-cutting cycle on Wednesday, Jan. 29, by keeping its benchmark interest rate unchanged. It’s the first interest rate decision made in 2025 and under the new Trump administration. The latest decision keeps the federal funds rate between 4.25% and 4.5%. The rate was above 5% for much of 2023… -
How many federal employees will flood the job market with Trump’s ‘resign’ offer?
The Trump administration took its first major step toward reducing the number of federal workers. But how will it impact the wider job market if hundreds of thousands of employees accept a “deferred resignation” offer? The Office of Personnel Management emailed most federal employees Tuesday, Jan. 28, titled “Fork in the Road.” Elon Musk used… -
Boeing suffers biggest annual loss since 2020 as CEO looks for a rebound
Boeing suffered its biggest annual loss since 2020, the company reported on Tuesday, Jan. 28. The $11.8 billion loss in 2024 comes in the wake of manufacturing issues and a machinist strike that brought production to a halt. Still, the company’s stock price surged after CEO Kelly Ortberg said the company was making strides in… -
What is DeepSeek? Chinese AI startup dethrones ChatGPT on App Store
Chinese artificial intelligence startup DeepSeek’s AI Assistant dethroned ChatGPT to take the No. 1 spot on Apple App Store’s free app chart. The AI disruptor also rocked the stock market Monday, Jan. 27, while facing “large-scale malicious attacks” that forced it to limit users. DeepSeek’s rise sunk Nvidia and other tech companies’ stock prices. Nvidia’s… -
Trump calls out Bank of America, Chase for debanking conservatives. Are they?
President Donald Trump took aim at some of the largest banks in the U.S. on Thursday, Jan. 23, during his address at the World Economic Forum. While speaking about his early accomplishments and economic agenda, the president accused Bank of America and JPMorgan Chase of refusing business from political conservatives. During the event in Davos,… -
Debt ceiling debate: Trump and Warren agree America should get rid of it
The U.S. is once again pushing up against the debt limit. That means Congress is on the clock to raise the debt ceiling or risk defaulting. The Treasury Department is taking “extraordinary measures” to keep from borrowing more than Congress has allowed to date. The national debt clock is now above $36.2 trillion. “They’re saying, ‘Oh, we… -
Here are 5 policies Trump touted at the World Economic Forum in Davos
President Donald Trump brought his message to the world stage on Thursday, Jan. 23, giving a special address to the World Economic Forum in Davos, Switzerland. At the event featuring leaders in global government and business, the president touted his priorities, including investment in America, easing the regulatory environment and tariffs. During the president’s opening… -
What is Silk Road? Trump pardons Ross Ulbricht 10 years after conviction
President Donald Trump continued his wave of pardons on Tuesday, Jan. 21, following through on a campaign promise. The president pardoned Silk Road founder Ross Ulbricht, who was convicted of drug trafficking and money laundering in 2015. “I just called the mother of Ross William Ulbricht to let her know that in honor of her… -
What happened to Trump’s promised tariffs on Mexico, Canada and China?
President Donald Trump issued dozens of executive orders on his first day in office, including a reprieve for TikTok. But absent from his declarations is an implementation of tariffs, which he extensively mentioned on his way to the White House. Shortly after winning November’s presidential election, Trump promised tariffs on his first day in office.…
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