Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers into signing up for its Prime memberships and made it difficult for them to cancel after doing so. The Seattle company will pay $1 billion in civil penalties —… Read More
Trump admin preps mass firings ahead of potential government shutdown
The White House is telling agencies to prepare large-scale firings of federal workers if the government shuts down next week. In a memo released Wednesday night, the Office of Management and Budget said agencies should consider a reduction in force for federal programs whose funding would lapse next week, is… Read More
Starbucks announces mass layoffs, store closures
Starbucks is laying off around 900 non-retail employees and closing some U.S. and Canadian stores as it focuses more of its resources on a turnaround. The Seattle coffee giant will notify employees whose positions are being eliminated early Friday and said that it plans to close an undetermined number of… Read More
Donald Trump’s TikTok deal explained
President Donald Trump will sign an executive order this week approving a deal that transfers majority control of TikTok’s U.S. operations from Chinese owner ByteDance to American investors, according to White House officials. The agreement reduces ByteDance’s ownership stake to below 20 percent while creating a new entity controlled by… Read More
McDonald’s joins forces with RFK, Jr. and MAHA
McDonald’s announced this week it will invest $200 million in regenerative farming practices over the next seven years, the largest such commitment in the fast food giant’s history. The investment aligns with the Trump administration’s “Make America Healthy Again” agenda promoted by Health and Human Services Secretary Robert F. Kennedy… Read More
Who qualifies for President Donald Trump’s “no tax on tips” policy?
The Treasury Department is moving closer to making President Donald Trump’s “ no tax on tips ” promise a reality. But new guidance released Friday tends to limit the number of tipped workers who will be able to claim the benefit. The agency on Friday submitted proposed regulations to the… Read More
President Trump finalizes sale of TikTok?
U.S. President Donald Trump is talking with Chinese leader Xi Jinping on Friday in a push to finalize a deal to allow the popular social media app TikTok to keep operating in the United States. The call between the two leaders began around 8 a.m. Washington time, according to a… Read More
President Trump asks Supreme Court for emergency order to remove Lisa Cook from Fed board
The Trump administration on Thursday asked the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’s board of governors. The Republican administration turned to the high court after an appeals court refused to go along with ousting Cook, part of President Donald Trump’s effort to… Read More
U.S. says framework deal has been reached for ownership of TikTok
A framework deal has been reached for the ownership of popular social video platform TikTok, U.S. Treasury Secretary Scott Bessent said after weekend trade talks between the U.S. and China in Spain. Bessent said in a press conference after the latest round of trade talks between the world’s top two… Read More
Joe Biden job scam-dal fell into chaos this week
by Frank Holmes, reporter For four years, President Joe Biden and his fellow Democrats convinced the legacy media to report that Americans never had it so good: the economy was booming, inflation was “transitory,” and the job market was exploding like a rocket. Turns out, the cold hard facts show… Read More
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