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National Economic Council Director Kevin Hassett speaks to members of the media in front of the White House on Friday, October 24, 2025 in Washington, DC, USA. Francis Chan | Bloomberg | Getty ImagesWhite House economic adviser Kevin Hassett said Friday that large U.S. banks may voluntarily offer credit cards to underserved Americans as a way to counter President Donald Trump’s affordability drive.A week ago, President Trump called on banks to cap credit card interest rates at 10%, a proposal that was flatly rejected by industry executives and their lobbyists this week.Hassett, now director of the National Economic Council, has…
Novak Djokovic is ready to turn back the clock at the Australian Open despite falling behind Carlos Alcaraz and Jannik Sinner.Novak Djokovic can still crack a joke when talking about the rivalry between Carlos Alcaraz and Jannik Sinner, which for two years prevented him from becoming the most decorated tennis player of all time.”In 2025, I lost three out of four tournaments to either Sinner or Alcaraz,” he said on Saturday, on the eve of the Australian Open, referring to the rivalry known as the “Sincarraz.”Recommended stories list of 4 itemsend of list“There’s no need to praise me too much,”…
U.S. Secretary of Education Linda McMahon attends a press conference with Presidential Press Secretary Caroline Leavitt (not pictured) at the White House on November 20, 2025 in Washington, DC, USA. Evelyn HochsteinReuterThe Department of Education announced Friday that it is delaying the implementation of wage garnishments and other involuntary collection activities that affect delinquent student loans.The department said the delays are impacting involuntary collection of federal student loans through wage garnishments and the Treasury Offset Program, which is used to seize some or all of a borrower’s payments, such as tax refunds and Social Security benefits, from the government.Read more…
A sign posted at the Department of Labor’s Francis Perkins Building in Washington, June 2025.Kevin Carter | Getty ImagesA controversial Labor Department social media post added fuel to already smoldering accusations that the Trump administration is amplifying rhetoric and images associated with far-right ideology.A video of the post, shared on Saturday, includes a quick-cut slideshow of artwork depicting glorious scenes from American history, with a statue of George Washington in the foreground.The caption above the video reads: “One homeland, one people, one heritage. Americans, don’t forget who you are.”Social media users quickly noticed similarities in language, format, and sentiment between…
Kyiv — Katerina Skridina goes to bed wearing thermal underwear, two jumpers and a scarf. She covers herself with a duvet and two blankets. But her secret weapon is her cat Pushok. “He has a high temperature, so he’s like a hot water bottle,” she told CNN. The heating in Skridina’s Kiev apartment has largely stopped since Russia launched a major attack on the city’s energy infrastructure on January 8, leaving hundreds of thousands of households, businesses and schools in the capital without power. Officials say the timing of Russia’s attack is no coincidence, with temperatures dropping to minus 19…
The Los Angeles Clippers overcame a 14-point deficit to defeat the Toronto Raptors, 121-117, with the Nets and Cavaliers also winning.James Harden scored 8 of his 31 points and added 10 assists in overtime as the visiting Los Angeles Clippers defeated the Toronto Raptors 121-117.Ivica Zubac had 16 points and 14 rebounds for the Clippers, who overcame a 14-point deficit to win their fifth straight on Friday night. The Clippers finished the game with a 20-8 record, with Harden scoring the final eight points of regulation.Recommended stories list of 4 itemsend of listKawhi Leonard did not play for the Clippers…
Half Point Image | Moment | Getty ImagesAs President Donald Trump ramps up policies focused on affordability, some lawmakers are pushing to expand tax credits for families. The Republican Research Committee this week released its second budget framework, known as “Reconciliation 2.0,” outlining priorities such as homeownership, health care, energy prices and financial support for families. Another reconciliation bill has support from House Speaker Mike Johnson and House Budget Chair Jody Arrington (R-Texas), among others. One proposal from the framework would expand access to the Child and Dependent Care Tax Credit (CDCTC), which partially offsets up to $6,000 of the…
Elon Musk introduced himself and Grimes’ baby boy XÆA-12 to the world on Twitter in May 2020. He later revised the spelling of the name to meet California’s legal guidelines, which allow only the English alphabet. Switching to Roman numerals, his parents agreed to spell his name X Æ A-Xii. “X, unknown variable,” Grimes explained on Twitter. “Æ, my elf spelling of Ai (love and/or artificial intelligence). A-12 = predecessor to the SR-17 (our favorite aircraft). No weapons, no defenses, just speed. Superior in combat, but non-violent.” “A=Archangel, my favorite song,” Grimes continued, adding a mouse and sword emoji. “Metal…
Daguk | E+ | Getty ImagesAs many Americans struggle to withstand rising costs of living such as housing, groceries, electricity and other necessities, their financial stress is increasingly in the spotlight at work.Employers’ discomfort with employees’ financial well-being reached a new high in 2025, according to a recent study by the Employee Benefits Research Institute. A recent study by the Employee Benefits Research Institute found that 48% rated their concerns a 9 or 10 on a scale of 1 to 10, compared to 43% in 2024 and just 39% in 2023. In 2019, the year before the coronavirus outbreak, that…
Elon Musk is seeking a staggering $79 billion to $134 billion in damages from OpenAI and Microsoft, claiming the AI companies defrauded him by abandoning their nonprofit mission, Bloomberg first reported. That figure comes from expert witness C. Paul Wazan, a financial economist who, according to his bio, has been deposed nearly 100 times in complex commercial cases and testified more than a dozen times in court. Wazan, who specializes in valuations and calculating damages in high-stakes disputes, determined that Musk is entitled to a significant portion of OpenAI’s current valuation of $500 billion based on the $38 million seed…