Social issues
The public sours on AI and data centers as Anthropic, OpenAI look to IPO and tech keeps spending
Artificial intelligence is losing the popularity contest in the United States, and that’s bad news for some of Big Tech’s power players. The trend has implications for richly valued companies like OpenAI and Anthropic, which are both on the path to go public. It also threatens Amazon, Google, Microsoft and Meta, the so-called hyperscalers planning […]
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Epstein accusations fly in Senate after César Chávez Monument row
U.S. Sen. Mike Lee, R-Utah (left) and U.S. Sen. Martin Heinrich (D-N.M.) Chip Somodevilla | Kayla Bartkowski | Getty Images Jeffrey Epstein allegations flew during a spat between Sens. Mike Lee, R-Utah, and Martin Heinrich, D-N.M., over the fate of the César Chávez National Monument. Heinrich, the ranking member of the Senate Energy and Natural […]
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Treasury Secretary Scott Bessent is preparing banks to collect citizenship data
Banks in the U.S. may not like the idea of being forced to collect citizenship data on customers, but Treasury Secretary Scott Bessent says they better be prepared for the task. “If Treasury and the banking regulators say it’s their job, it’s their job,” Bessent told CNBC’s Sara Eisen at the Invest in America Forum […]
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Tax Day proposal to exempt Election Day poll worker pay floated by House Democrats
Election officials assist voters in casting their ballot in the primary vote at Bruns Avenue Elementary School, Mecklenburg County Precinct 12, on March 3, 2026 in Charlotte, North Carolina. Grant Baldwin | Getty Images House Democrats on Wednesday are introducing a proposal that would give tax relief to election poll workers. Under the legislation, led […]
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Earned Income Tax Credit would rise to $5,500 per child under new Democratic measure
State Sen. Kristen McDonald Rivet addresses supporters of her campaign for Congress during a primary election night watch party in Saginaw, Michigan, on Aug. 6, 2024. Andrew Roth | AP Rep. Kristen McDonald Rivet, D-Mich., will introduce a new bill to expand the Earned Income Tax Credit to provide up to a $5,500 credit to […]
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Investor survey shows most bearishness in 11 months. So the contrarian call is to buy
Investor pessimism has surged to the highest level in nearly a year, a development that could paradoxically signal further gains for risk assets, according to the latest Global Fund Manager Survey from Bank of America. Sentiment fell to its most bearish reading since June 2025, with the bank’s composite measure — based on cash levels, […]
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House Republican campaign arm touts tax cuts in new 2026 election ad
U.S. President Donald Trump speaks at an event about the economy at the Circa Resort and Casino in Las Vegas, Nevada, U.S., January 25, 2025. Leah Millis | Reuters The National Republican Congressional Committee on Tuesday launched a digital ad campaign in 14 competitive congressional districts across 11 states touting GOP-led tax breaks. The campaign, […]
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Epstein files: House committee plans hearings with victims, Comer says
House Oversight Chairman James Comer (R-KY) speaks to reporters in front of the House Oversight Committee at the U.S. Capitol in Washington, DC on March 18, 2026. Nathan Posner | Anadolu | Getty Images The chairman of the House committee investigating late sex offender Jeffrey Epstein said Friday that he planned to hold hearings to […]
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Automatic U.S. military draft registration planned by December, filing shows
The sticker ‘U.S. Army’ seen on a soldier uniform from the 1st Infantry Division, during a military training at Nowa Deba training ground, in Nowa Deba, Poland, on April 12 2023. Artur Widak | Nurphoto | Getty Images The Selective Service System plans to automatically register eligible American men between ages 18 and 26 for […]
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As millions lose weight on GLP-1s, they’re starting to turn to retailers to refresh their wardrobes
Michelle Suter has worn mostly big and baggy clothing for years. The 63-year-old retiree who lives in a suburb of St. Louis, Missouri gave away her favorite sundresses and other form-fitting outfits, thinking she’d never be those smaller sizes again. Now, after losing about 28 pounds while taking GLP-1 drug Wegovy, she said she has […]
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