News

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Obama urges private sector to stand up to Trump Former President Obama criticized law firms, universities and businesses that have changed course during the Trump administration, saying they should stand by their convictions. © AP During...

President Trump directed Defense Secretary Pete Hegseth on Saturday to pay service members by utilizing previously appropriated funds during the ongoing government shutdown, seeking to sidestep gridlock in Congress.  The move also takes some pressure off House Speaker Mike Johnson (R-La.), who was facing growing demands to call the House back to vote on Republican-sponsored...

{beacon} Technology Technology   The Big Story What to know about growing AI bubble concerns A growing chorus of voices is warning there could be an artificial intelligence (AI) bubble, as companies whose fortunes are closely tied to the technology see their valuations skyrocket. © Photo Credit High-profile figures, from OpenAI CEO Sam Altman to...

The North Carolina General Assembly will consider a new congressional map for the state next week, Republican leaders said Monday. President Trump has urged GOP-controlled state legislatures across the country to redraw their maps ahead of the 2026 midterm elections. “We will stand with the President, defend the GOP majority, and secure an additional Republican...

Conservative political organizations are launching a national campaign tied to the 250th anniversary of the country and aimed at reaching Latino voters. The LIBRE Initiative and Americans for Prosperity, political organizations that are part of the Koch family network, are kickstarting the seven-figure campaign, the groups announced Monday in a press release. The organization is...

“The View” co-host Alyssa Farah Griffin on Monday praised President Trump, special envoy Steve Witkoff, and the president’s son-in-law Jared Kushner for brokering a deal between Israel and Hamas. “Whether you like Trump or not, I think he, I think Steve Witkoff, and I think Jared Kushner do deserve credit for this deal. They actually...

House Minority Leader Hakeem Jeffries (D-N.Y.) said Monday that President Trump hasn’t granted House Speaker Mike Johnson (R-La.) and Republicans "permission" to negotiate about the government shutdown, which is in its 13th day. “Speaker Mike Johnson and I have not met because Donald Trump has not given them permission to meet,” Jeffries told MSNBC. “We...

Vice President Vance said Sunday that subsidies offered under the Affordable Care Act (ACA) fuel waste and fraud in the insurance industry, as Republicans refuse Democratic demands to extend the tax credits ahead of open enrollment next month. “The tax credits go to some people deservedly. And we think the tax credits actually go to a...

Pakistani Prime Minister Shehbaz Sharif announced on Monday his intention to nominate President Trump for the Nobel Peace Prize for his role in brokering the historic ceasefire and hostage agreement between Hamas and Israel. The nomination would mark the second time in a matter of months that Islamabad tapped the U.S. president for the prestigious...

California Gov. Gavin Newsom (D) signed a bill Monday placing new guardrails on how artificial intelligence (AI) chatbots interact with children and handle issues of suicide and self-harm. S.B. 243, which cleared the state Legislature in mid-September, requires developers of "companion chatbots” to create protocols preventing their models from producing content about suicidal ideation, suicide...

President Trump potentially supplying Tomahawk cruise missiles to Ukraine could “end badly” for everyone, Russia’s former President Dmitry Medvedev warned Monday. Medvedev, the Russian Security Council deputy chair, wrote on Telegram that it is impossible to distinguish between a Tomahawk missile with a nuclear warhead and a conventional one. Trump told reporters Sunday that he...

Co-anchor of CNBC's "Squawk Box” and New York Times financial columnist Andrew Ross Sorkin predicts that the stock market could see a major crash, mimicking the infamous 1929 Wall Street crash that was an instrumental trigger for the Great Depression. “I'm anxious that we are at prices that may not feel sustainable. And what I...

Transportation Secretary Sean Duffy claimed Monday that the upcoming “No Kings Day” protests are “part of” the antifascist movement known as antifa. “The ‘No Kings’ protest, Maria, really frustrating. I mean, this is part of antifa, paid protesters. It begs the question, who's funding it? But, yeah, Democrats want to wait for a big rally...

On Monday, all 20 living Israeli hostages were returned by Hamas, as the two sides carry out phase one of a peace deal backed by the Trump administration. Israel also released more than 1,900 Palestinian prisoners Monday as part of a ceasefire deal, marking a major milestone in the effort to end the fighting in...