The Senate recently approved a massive defense spending bill, totaling $901 billion. This bill not only boosts military budgets but also puts pressure on Defense Secretary Pete Hegseth to share video footage of strikes on alleged drug boats near Venezuela. The bill, which includes a 3. 8% pay raise
Jack Smith, a former special counsel, recently spoke to Congress about his investigations into former President Trump. He made it clear that his decisions were not influenced by Trump's political status or his run for the 2024 election. Smith's team gathered strong evidence suggesting Trump was invo
The subprime auto loan industry is under scrutiny after a major player, Tricolor Auto, went bust in September. The company's downfall raised eyebrows on Wall Street, sparking worries about the health of the industry as a whole. Fast forward to December, and federal prosecutors in New York have made
JPMorgan is making big moves in its technology ECM (Equity Capital Markets) division. The company has appointed Edward Byun as the global head of technology ECM. Byun is no stranger to the finance world, having spent over 20 years in the industry. He recently joined JPMorgan from Goldman Sachs, brin
Jack Smith, a former special counsel, recently spoke to Congress about his past investigations into Donald Trump. He claimed to have solid evidence that Trump tried to overturn the 2020 election results and mishandled classified documents. Trump, however, has denied these allegations and has been pu
Colorado is facing a possible power outage due to strong winds. The number of people affected has been reduced from 500, 000 to 52, 000. This change is because of better weather predictions and improvements in the power grid. The power cuts are planned for Wednesday morning. They will mostly affect
A new federal move could shake up how states handle artificial intelligence. On December 11, an executive order was signed. It's called "Ensuring a National Policy Framework for Artificial Intelligence. " This order tells federal agencies to focus on a national AI policy. They want it to be easy to
In a candid conversation, Susie Wiles, the White House chief of staff, revealed that President Trump's push for prosecutions is partly driven by a desire for revenge. She mentioned that she had an informal agreement with Trump to stop targeting political opponents after 90 days, but it seems that di
Fentanyl is a lab-made opioid, way stronger than morphine or heroin. Doctors use it for serious pain, but it's also made illegally. This illegal stuff is often mixed with other drugs, and people don't even know they're taking it. That's dangerous because even a tiny bit can kill. In 2025, the Presi
UBS, a big Swiss bank, just said goodbye to Mike Dargan, their top operations and tech boss. He'll leave at the end of 2025. This news comes while UBS is still busy merging with Credit Suisse, a huge and tricky job. Dargan has been with UBS since 2021. He helped a lot with tech and operations. UBS
