{beacon} PRESIDENT TRUMP WAFFLED Friday on a proposal to raise taxes on the wealthiest Americans. He said GOP lawmakers should "probably not" raise taxes on the rich but added he would be OK if it did happen, The Hill's Mychael Schnell reports.. "The problem with even a 'TINY' tax increase for the RICH, which...
BEVERLY HILLS, Calif. — African investors see opportunity in the chaos of President Trump’s return to the White House, despite the pain caused by his foreign aid cuts and whiplash tariff decisions. That was the message from Vice Adm. Issah Adam Yakubu, the former chief of staff of Ghana’s navy, who spoke at the Milken...
President Trump is reinstating commercial fishing in a national marine monument after the practice was blocked by his Democratic predecessors. Trump is expected to issue a proclamation Friday reinstating commercial fishing access in all 4,913 square miles of the Northeast Canyons and Seamounts Marine National Monument, which is located off the coast of Massachusetts. The...
Mexico has sued technology company Google over its decision to update its maps platforms to match President Trump's renaming of the Gulf of Mexico as the "Gulf of America," Mexico President Claudia Sheinbaum announced Friday. Sheinbaum told reporters on Friday that a suit was filed against Google, but did not provide further details, the Associated...
The following is an executive summary from a roundtable breakfast that focused on discussing roadblocks and solutions surrounding the integration and implementation of artificial intelligence (AI) into our everyday lives. Participants cautioned against oversimplifying AI as "magic" and emphasized the importance of understanding its actual capabilities and limitations. It was held under Chatham House Rules,...
Treasury Secretary Scott Bessent on Friday called on Congress to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt. In a letter to Speaker Mike Johnson (R-La.), Bessent said that there is “reasonable probability” that the government’s “cash and extraordinary measures will be...
The crypto industry is brushing off a failed vote on a stablecoin bill in the Senate, underscoring recent progress and the hope that this isn’t the end of the line for crypto legislation. Democrats on Thursday blocked the Senate from moving forward with consideration of the GENIUS Act, which would create a regulatory framework for...
Alina Habba, the interim U.S. attorney for the District of New Jersey, said that Newark Mayor Ras Baraka was detained Friday after refusing to leave a U.S. Immigration and Customs Enforcement (ICE) facility. “The Mayor of Newark, Ras Baraka, committed trespass and ignored multiple warnings from Homeland Security Investigations to remove himself from the ICE...