Articles

Elon Musk launches major midterm spending

Elon Musk's political vehicle, America PAC, is aiming nearly $1 million at critical midterm races in its first wave of spending.

Trade deficit grew 24% in July as Trump rebuilds tariffs; trade gap is down 30% this year

The U.S. trade deficit grew to $88.6 billion in July, a 24% increase from June, as the country imported goods to fuel the artificial intelligence boom and President Trump worked to rebuild his tariff framework after legal setbacks.

Florida Bar rejects demands to probe DHS' top lawyer over criticism of judges

The Florida Bar said it won't investigate the Department of Homeland Security's general counsel, shutting down a complaint filed by anti-Trump activists who said his criticism of sitting federal judges crossed ethical lines.

Uber lays off 10% of workforce

Rideshare and delivery app company Uber axed 10% of its employees Wednesday in an effort to streamline corporate organization and save money.

Unemployment claims tick up to 206,000 but remain at historically low levels

More Americans filed for unemployment benefits last week, but layoffs are still rare and jobless claims remain at historically low levels.

Nvidia to spend $13 billion on Hugging Face, leaving it as an open-source platform

Computer chip company Nvidia is buying artificial intelligence software platform Hugging Face for $12.93 billion.

Commerce Secretary Lutnick says he misspoke about Iran war deaths

Commerce Secretary Howard Lutnick said Thursday he misspoke a day earlier when he described the Iran war as an "economic chokeout" in which no U.S. service members had died.

Pentagon is using Defense Production Act to replenish critical munitions

The Pentagon is leveraging its most powerful authorities to put missile production on "wartime footing" now that the U.S. war against Iran has burned through a significant amount of munitions.

Pentagon is using Defense Production Act to replenish critical munitions

The Pentagon is leveraging its most powerful authorities to put missile production on "wartime footing" now that the U.S. war against Iran has burned through a significant amount of munitions.

Congress urged to bolster counterintelligence

U.S. counterintelligence agencies are ill-suited to confronting new and increased foreign threats from China, Russia and other adversaries, a panel of experts told the House intelligence oversight panel on Wednesday.

WATCH: Alex Adams looks back on a year reshaping foster care, Head Start and welfare rules

On this episode of "The Sitdown with Alex Swoyer," host Alex Swoyer sits down with Alex Adams, Assistant Secretary for the Administration for Children and Families, marking his first year in office -- covering Head Start reform, the "orphan tax," foster care shortages, migrant children and more.

DHS wrongly deports man for second time in six months

DHS did it again. Six months after wrongly deporting a teen migrant to El Salvador despite a court order prohibiting his removal -- and less than one month after un-deporting and bringing him back -- the Department of Homeland Security admitted to a federal judge that it has now deported the 19-year-old a second time.