White House deems House impeachment inquiry ‘over,’ President Biden formally declines to testify
The White House formally declined an invitation by House Oversight Committee Chairman James Comer, R-Ky., for President Biden to testify in connection to his son Hunter’s business dealings. ‘As our Office has demonstrated, and you acknowledged in a recent fundraising email,
Soros nonprofit drops massive 8-figure donation to super PAC bankrolling left-wing groups
A nonprofit founded and funded by liberal billionaire George Soros funneled a massive eight-figure sum into a prominent liberal super PAC that bankrolls several left-wing groups, according to records reviewed by Fox News Digital. Soros’ Fund for Policy Reform poured $60
Putin shared surprising advice with Iranian counterpart following unprecedented attack on Israel
Russian President Vladimir Putin joined international calls for cool heads in the Middle East as tensions remain high following Iran’s unprecedented attack on Israel over the weekend. ‘Vladimir Putin expressed hope that all sides would show reasonable restraint and prevent a
Johnson likely forced to get Dem help on foreign aid plan as Republicans decry lack of border measures
The foreign aid plan Speaker Johnson, R-La., unveiled on Monday night is already facing a growing red wave of opposition from his own colleagues as of Tuesday morning, making it likely he will have to seek House Democratic support to
Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt
Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market. The Dow Jones Industrial Average slid 475.84 points, or 1.24%, closing at 37,983.24. The S&P
Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon. Speaking to a policy
Tesla will lay off more than 10% of global workforce
Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were down 3% on Monday morning. “As we prepare the company for our next phase of growth, it is
Crypto.com CEO Expresses Concern over Surging Valuations in Crypto Sector
Crypto.com CEO Kris Marszalek has raised concerns about the sustainability of the surging valuations in the cryptocurrency sector. In a recent interview with Bloomberg, Marszalek expressed skepticism about the generous valuations being thrown around by project teams as the industry experiences
PayPal Says NFT Purchases No Longer Backed By Its Protection Program
Payments giant PayPal plans to remove non-fungible token (NFT) purchases from its purchase protection program from May 20. In an online announcement, PayPal said amendments to its protection program will exclude NFTs and any payments that you initiated via a third-party
Privacy Protocol Railgun Denies Any Link to Lazarus Group
Railgun has publicly denied any connection with the sanctioned North Korea‘s Lazarus Group using its platform for illicit activities. In a social media post addressing the allegations, Railgun stated that their system rigorously prevents any sanctioned or malicious users from accessing