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US FEDERAL GOVERNMENT
Trump says Congress wants to regulate AI industry 'out of business'Trump's remarks underscore a widening debate in Washington over how aggressively to police a fast-moving AI industry that has largely opera...- Inside Doug Burgum's Interior Department: Staff exodus and secrecy claims surfaceFormer officials criticize Interior Secretary Doug Burgum's leadership, citing increased secrecy and staff departures. The department has e...
- Donald Trump loses 21 straight court battles for state voter rolls as midterms nearFederal judges have rejected the Trump administration's requests for state voter rolls. States are not required to share these sensitive re...
- Global Market: Japan reveals record $40 billion yen-buying intervention as currency pressure persistsJapan carried out its largest-ever single-day currency intervention, deploying nearly $40 billion to support the yen amid sharp depreciatio...
- Global Market Today: Asian shares mixed as investors await US jobs dataTreasury futures inched lower in early Asian trading as higher energy prices revived concerns that the Federal Reserve may need to keep int...
- Fauci contempt vote clears key Senate committee in COVID probe; why is he being questioned now?A Senate committee voted to hold Dr. Anthony Fauci in contempt of Congress. This action stems from his refusal to answer questions during a...
- A $150M contract for migrant kids' lawyers goes to a Trump-linked Texas firm, raising concernsA Texas law firm received a $150 million contract for migrant child legal aid. This firm has limited immigration law experience and ties to...
- US plans up to $150 million legal support for unaccompanied migrant childrenThe US Department of Health and Human Services plans to award up to $150 million to Houston-based Burke Law Group to provide legal represen...
- Trump administration says over 28,000 commercial truck licenses revoked; Karoline Leavitt highlights crackdownThe Trump administration said it has worked with US states to cancel more than 28,000 commercial driver's licences allegedly issued imprope...
- States may get power to sponsor worker visas in the US under new bipartisan billPilot programme would allow states to address labour shortages while Washington retains control over security checks and immigration enforc...
- Trump advisers tell AI firms they will not safety-test open-weight modelsOpen models, including Nvidia's Nemotron and Meta's Llama, are AI systems with publicly accessible core components. Closed models are contr...
- US Treasury yields fall as oil retreats on Iran deal hopes, Fed hike bets easeOn Tuesday, US Treasury yields saw a decline following a sharp drop in oil prices. As optimism regarding a resolution to the Iran conflict ...
- ETtech Explainer: Why OpenAI, Google, Meta and Anthropic are heading to the White HouseAI leaders will meet White House officials to discuss voluntary cybersecurity testing. The immediate trigger for the meeting is a series of...
- Judge rules New York can't ban federal agents from wearing face coveringsA federal judge has blocked New York's law on federal agents wearing face coverings. The ruling stated state governments cannot regulate fe...
- US Supreme Court won't halt $655 million judgment against Palestinians over attacksUS Justice Sonia Sotomayor declined to halt a large damage award against Palestinian authorities. This judgment stems from a civil lawsuit ...
- Democratic states sue Trump over sharing welfare data with immigration authoritiesDemocratic-led states have sued the Trump administration to block a new policy. This policy allows federal immigration authorities access t...
- Global Market: Japan, US confirm coordinated yen intervention to stem currency slideJapan's finance ministry confirmed that Tokyo and Washington jointly intervened in currency markets to support the yen for the first time s...
- US senate leaders reach funding deal to avoid shutdown during campaign seasonKey senators revealed a short-term spending bill to fund federal agencies past elections. This measure aims to prevent a government shutdow...
- Charting the Global Economy: Central banks hold the lineGlobal central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some offic...
- Trump's push for lower US interest rates faces setback as borrowing costs climb before midtermsTrump's promise of lower interest rates is under pressure as Treasury yields climb and financial markets move contrary to the administratio...
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