Regulations

President Donald Trump on Thursday backed a renewed effort to make daylight saving time permanent after the House Energy and Commerce Committee voted 48-1 to advance the Sunshine Protection Act. In a Truth Social post published Thursday morning, Trump said "Hundreds of Millions of Dollars are spent...

Walmart Inc. (NASDAQ:WMT) absorbed a $175 million blow from soaring fuel costs in its first quarter, intentionally shielding shoppers to build loyalty. However, executives warn that sustained energy inflation could force retail price hikes by the second quarter. Playing Offense On Prices CFO John...

President Donald Trump is expected to sign an executive order on artificial intelligence and cybersecurity as soon as Thursday, according to a Reuters report citing sources familiar with the matter. The report said the order would create a voluntary framework requiring AI developers to share...

1789 Capital, the venture capital firm with Donald Trump Jr. as a partner, has seen its assets under management skyrocket from $200 million to $3.5 billion in just one year by leveraging an America-first investment strategy. Building A Generational Financial Platform The Palm Beach, Florida-based...

(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.) U.S. stock futures rose on Wednesday following two consecutive days of lower closes for the S&P 500 and Nasdaq 100 indices on Tuesday. Investors are awaiting Nvidia Corp.‘s (...

Despite a notable pullback in gold prices, analysts at Goldman Sachs remain optimistic about the bullion market’s trajectory. The bank sees the forces driving the broad rally becoming increasingly entrenched, yet it is worth noting they’re getting as equally political. The bank recently...

Rep. Mark Takano (D-Calif.), Rep. Alma Adams (D-N.C.) and Sen. Bernie Sanders (I-Vt.) on Monday reintroduced the Restoring Overtime Pay Act — a proposal aimed at expanding overtime protections for millions of American workers. The lawmakers said the bill would gradually raise the salary threshold...

The U.S. Supreme Court on Monday declined to hear a pharmaceutical industry challenge to the Medicare drug price negotiation program created under former President Joe Biden's Inflation Reduction Act, according to Reuters. The justices rejected appeals from drugmakers including Novo Nordisk (NYSE:...

The Securities and Exchange Commission is preparing to launch a framework for trading tokenized versions of popular Wall Street-listed stocks, according to a report published on Monday. ‘Innovation Exemption’ Out Soon? The agency is expected to release its new “innovation...

Billionaire investor and television celebrity Mark Cuban expressed support for regulation in emerging sectors on Monday, recalling the criticism he received for calling for rules for the cryptocurrency industry earlier. Critics Oppose Cuban’s Plan In an X post, Cuban proposed a federal...

Jamie Raskin, the ranking Democrat on the House Judiciary Committee, on Sunday sharply criticized the Trump administration's proposed $1.7 billion IRS settlement arrangement, calling the plan an unconstitutional "political slush fund" that bypasses congressional authority. Speaking on ABC News' "...

Anthropic has reportedly agreed to brief leading finance ministries and central banks on cyber vulnerabilities identified by its general-purpose generative AI model Claude Mythos Preview. This follows a request from Bank of England Governor Andrew Bailey, who chairs the Financial Stability Board,...

SkyBridge Capital founder Anthony Scaramucci says America’s decision to grant China permanent normal trade relations and World Trade Organization membership was a costly strategic miscalculation. Strategic Blindness At The WTO After the U.S. signed a bilateral trade agreement with China in...

U.S. officials and reporters aboard Air Force One were ordered to discard all items received during President Donald Trump‘s two-day summit with Chinese President Xi Jinping before departing Beijing Friday. Hard Security Call Staff surrendered burner phones, credential badges and Chinese-...

Three Chinese companies have formally terminated their Nasdaq listing bids since April, in a relatively unusual step suggesting they are being abandoned by their underwriters image credit: Bamboo Works Key Takeaways: Three small Chinese companies have withdrawn their Nasdaq IPO applications in...