The White House disputes the CBO's $2.8 trillion deficit projection for Republican tax package, claiming the analysis understates economic output and productivity growth.
NBA board unanimously approves sale of Minnesota Timberwolves and Lynx to Alex Rodriguez and Marc Lore, concluding a nearly four-year ownership transfer process.
Zohran Mamdani, a democratic socialist, defeated former Gov. Andrew Cuomo in the New York City Democratic mayoral primary race in a surprising victory on Tuesday.
Bipartisan lawmakers stressed U.S. dominance in AI development over China, as witnesses highlighted the need for smart guardrails to balance safety with technological advancement.
New York mayoral candidate and democratic socialist Zohran Mamdani's platform includes a $30 minimum wage, higher taxes on corporations and affordable housing initiatives.
President Donald Trump on Wednesday criticized Federal Reserve Chairman Jerome Powell for keeping interest rates too high, calling the central bank chief an "average mentally person."
President Donald Trump slams Spain as NATO's "only country that won't pay up" to the 5% defense spending target, warning of trade repercussions while the alliance pushes for increased military funding.
Xbox managers expect substantial job cuts across the gaming division next week as Microsoft continues streamlining processes following its $69 billion Activision Blizzard acquisition.
NBA board unanimously approves sale of Minnesota Timberwolves and Lynx to Alex Rodriguez and Marc Lore, concluding a nearly four-year ownership transfer process.
Long-term unemployment hit a three-year high of 23.5% in April, showing a stagnant labor market in which companies are neither cutting nor expanding their workforces.