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Fri, Dec 26, 2025 04:51 AM All times are UTC

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House GOP's $2.5 Trillion Spending Cuts Face Backlash Over 'Impact on Key Programs'

Dec 20, 2024 20:38 pm UTC| Politics

The House GOP unveiled a sweeping plan to slash $2.5 trillion in net mandatory spending over the next decade, sparking heated debates over the potential impact on critical programs. The proposed cuts are part of the partys...

Texas Rep. Kay Granger's Alleged 'Memory Care Stay' Sparks Debate Over Leadership and Transparency

Dec 20, 2024 20:35 pm UTC| Politics

Texas Representative Kay Granger, a long-serving Republican and influential figure in Congress, is facing questions about her ability to serve effectively amid allegations that she has been living in a memory care and...

Pennsylvania Scandal Erupts as Woman Charged with 'Registering Dead Voters' Linked to Democrat-Founded Group

Dec 20, 2024 20:33 pm UTC| Law Politics

A Pennsylvania woman affiliated with the Democrat-founded organization New PA Project has been charged with attempting to register deceased individuals to vote, sparking outrage and fueling concerns about election...

Speaker Mike Johnson's Bold Promise Sparks Debate Amid Fears of 'Government Shutdown'

Dec 20, 2024 20:30 pm UTC| Politics

House Speaker Mike Johnson assured Americans on Friday that a government shutdown will be avoided, despite rising tensions in Congress over unresolved funding issues. His bold declaration comes as lawmakers face a looming...

Canada's Response to Trump Tariffs Fuels Major Concern for Japan's Komatsu in Key Export Markets

Dec 20, 2024 03:14 am UTC| Economy Politics

Japans Komatsu braces for challenges as Canadas tariff threats on U.S. mining equipment exports spark concerns, raising stakes for the worlds second-largest construction machinery company under Trumps trade agenda. Canadas...

Congressional Pay Raises Scrapped from 'Spending Bill' After Public Backlash, Lawmakers Face 'Harsh Criticism'

Dec 20, 2024 01:50 am UTC| Politics

Amid mounting public scrutiny and fierce bipartisan debate, Congress has removed pay raises for lawmakers from the latest spending bill. The decision, announced late Thursday, comes as lawmakers race to pass a funding...

Rep. Chip Roy Blasts Both Parties for 'Fueling Debt Crisis' in Fiery Speech

Dec 20, 2024 01:43 am UTC| Politics

Representative Chip Roy (R-Texas) delivered a scathing critique of both Republicans and Democrats, accusing them of driving the nation deeper into debt through reckless spending. His fiery remarks come amid a heated debate...

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Economy

China Revises 2024 GDP Lower After Final Review, Eyes Growth in 2025

Chinas economy in 2024 was officially revised downward following a final verification by the countrys statistics bureau, highlighting ongoing adjustments in the worlds second-largest economy. According to the latest...

U.S. Stock Futures Edge Higher as Holiday-Thinned Trading Persists

U.S. stock futures moved modestly higher on Thursday evening following the Christmas holiday, as subdued activity and thin trading volumes continued to shape market behavior ahead of a shortened New Years trading week....

Oil Prices Rise on Venezuela Sanctions and Nigeria Airstrikes Despite Annual Losses

Global oil prices edged higher on Friday as geopolitical tensions intensified following new U.S. actions targeting Venezuelan oil shipments and military airstrikes against Islamic State militants in Nigeria. These...

Japan Approves Record ¥122.3 Trillion Budget as Takaichi Seeks Fiscal Balance

Japans government, led by Prime Minister Sanae Takaichi, has approved a record-breaking budget worth 122.3 trillion yen ($785 billion) for the next fiscal year starting in April, underscoring its attempt to balance...

Tokyo Core Inflation Stays Above BOJ Target, Strengthening Case for Further Rate Hikes

Core consumer prices in Tokyo, Japans capital, rose 2.3% in December compared with the same period a year earlier, reinforcing expectations that the Bank of Japan (BOJ) may continue raising interest rates in the coming...

Politics

White House East Wing Ballroom Plans Face Scrutiny Ahead of January Hearing

The White House is set to reveal new details about President Donald Trumps proposed East Wing ballroom during a federal commission hearing scheduled for early next month, according to official notices. The project, which...

Zelenskiy Discusses Ukraine Peace Efforts With Trump Envoys

Ukrainian President Volodymyr Zelenskiy said on Thursday that he held an extensive discussion with U.S. President Donald Trumps special envoy Steve Witkoff and Trumps son-in-law Jared Kushner, focusing on possible ways to...

Kim Jong Un Signals Continued Missile Development as North Korea Plans Five-Year Military Modernization

North Korean leader Kim Jong Un has signaled that the country will continue to advance its missile capabilities over the next five years, underscoring Pyongyangs ongoing focus on strengthening its military deterrence....

US Airstrikes Target Islamic State Militants in Northwest Nigeria Amid Rising Security Concerns

The United States has carried out airstrikes against Islamic State militants operating in northwest Nigeria, according to a statement made by U.S. President Donald Trump on Thursday. The strikes were described as a direct...

U.S. Judge Blocks Deportation of British Anti-Disinformation Campaigner Imran Ahmed Amid Free Speech Dispute

A U.S. federal judge has temporarily blocked the Trump administration from detaining or deporting Imran Ahmed, a British anti-disinformation campaigner and U.S. permanent resident, following a legal challenge over an entry...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...