Both President Joe Biden and former President Donald Trump are piqued by the idea of a sovereign wealth fund for the United States. It’s a strategy largely employed by oil-rich nations and may seem more out of place for a country with more than $35 trillion in national debt, a trade deficit and Social Security…

As the U.S. continues its support for Ukraine amidst the ongoing conflict with Russia, it’s not just military aid crossing the Atlantic. Billions of dollars are flowing into the U.S. economy, invigorating the defense industry across more than 35 states. The Department of Defense has been utilizing older stockpiles for aid, including aging Patriot missile…

With just one day to go, former President Donald Trump and Vice President Kamala Harris are preparing for the first debate between the presidential candidates. And Apple is reportedly set to unveil its latest iPhone models powered by artificial intelligence. These stories and more highlight The Morning Rundown for Monday, Sept. 9, 2024. Trump, Harris prepare for presidential debate with…

The U.S. economy added fewer jobs than anticipated in August, but the unemployment rate did come off July’s surprise 4.3%. According to the latest data from the Bureau of Labor Statistics (BLS), the U.S. added 142,000 jobs in August when economists expected around 165,000. The month’s unemployment rate of 4.2% came in as expected. In…

China is ending its international adoption program, leaving hundreds of American families with pending applications in limbo. Since the early 90s, China has sent thousands of children overseas for adoption with about half of them coming to the United States. The influx stemmed from China’s one-child policy, which forced many families to abandon babies –…

Tesla investors already expressed concern CEO Elon Musk’s attention is too divided. However, he may have another task on his hands if former President Donald Trump is elected in November.  “I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic…

In a recent CNN interview, Democratic presidential nominee Kamala Harris outlined her major goals and priorities to pursue if she wins the election in November. The economy topped that list, with Harris saying she aims to make life more affordable for Americans nationwide. Her plans included building 3 million new homes and passing tax breaks…

We have new details about the suspect and the victims in the deadly shooting at a Georgia high school. And Boeing’s troubled Starliner spacecraft is set to begin its trip back to Earth without its crew. These stories and more highlight The Morning Rundown for Thursday, Sept. 5, 2024. FBI: Suspect in Georgia school shooting was questioned over online threats Authorities…

Presidential candidate and Vice President Kamala Harris wants to 10x the tax incentives new small businesses get. In a campaign stop in New Hampshire Wednesday, Sept. 4, Harris highlighted her desire to spur 25 million new small business applications in a four-year term if elected.  So far, entrepreneurs have filed a record-breaking 19 million new small…

Social media platform X may soon shut down in Brazil if the country’s Supreme Court enforces its warning. The potential closure follows a prolonged dispute between X’s owner Elon Musk and Brazil’s Chief Justice Alexandre de Moraes over social media regulations and censorship. X’s Global Government Affairs account stated in a post that it anticipates…