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How pandemic car shortages are still making new and used cars expensive
The shockwaves of the Covid-19 pandemic are still hitting the U.S. car market and pushing prices up, even for exceptionally old cars. The pandemic dealt a severe blow to the total supply of new cars, which has rippled down to the used market. About 8 million vehicles that would have been made for U.S. buyers during those years never were, largely due to production shutdowns and supply shortages, said Jeremy Robb, chief economist for Cox Automotive.
Trump’s next loyalty test: Ending the changing of the clocks
U.S. President Donald Trump is setting up his latest loyalty test on Capitol Hill — and it’s not about the war in Iran, Cabinet nominees or his White House ballroom. Instead, the president is lobbying GOP lawmakers on a plan to make daylight saving time permanent, meaning more daylight in the evening hours and an end to the twice-yearly clock-resetting ritual observed in most states. Trump has fixated on this issue, believing it resonates with voters who are burdened by “all of the work and...
Trump signs order seeking early access to powerful AI models before release
President Donald Trump signed a landmark executive order Tuesday that asks AI companies to give the government early access to their most powerful models for review. The order, signed in private, directs federal agencies — including the Pentagon, Treasury and the Cybersecurity and Infrastructure Security Agency — to shore up the nation’s cybersecurity defenses for critical infrastructure, and lays the groundwork for the federal government to test and vet the most powerful AI systems for...
Trump says Iran will ‘pay the price’ as negotiations stall
President Donald Trump on Wednesday said Iran will “pay the price” for refusing to accept a deal, as peace negotiations between the two nations remain stalled. In a post to social media, Trump declared that Iran’s military is “a complete and total mess” and that much of it “doesn’t even exist anymore.” “They have been completely defeated,” the president wrote.
Trump thinks Iran deal ‘still close’ despite retaliatory strikes over downed helicopter
President Donald Trump still thinks a peace deal with Iran is on the horizon, even as the United States launched retaliatory strikes on Iran Tuesday evening, a senior White House official said Tuesday. “Nothing changes where the deal stands right now,” said the official, who was granted anonymity to discuss sensitive national security information. The official stressed that a deal with Tehran was “still close.”
Walz administration ignored fraud warnings as billions vanished, House oversight report alleges
A Republican-led congressional oversight report alleges that senior Minnesota officials, including Gov. Tim Walz, D-Minn., failed for years to act on warnings about fraud in the state’s social services programs, allowing hundreds of millions of dollars in confirmed or alleged losses and placing billions more at risk. The Walz administration had the power to stop fraudulent payments to high-risk entities receiving federal nutrition and Medicaid funds, but the state "repeatedly failed to act"...
Walz administration ignored fraud warnings as billions vanished, House oversight report alleges
A Republican-led congressional oversight report alleges that senior Minnesota officials, including Gov. Tim Walz, D-Minn., failed for years to act on warnings about fraud in the state’s social services programs, allowing hundreds of millions of dollars in confirmed or alleged losses and placing billions more at risk. The Walz administration had the power to stop fraudulent payments to high-risk entities receiving federal nutrition and Medicaid funds, but the state "repeatedly failed to act"...
Vance refers Minnesota officials to DOJ for criminal fraud investigation
Vance refers Minnesota officials to DOJ for criminal fraud investigation Both Walz and Ellison have defended their actions against fraud, dismissing a separate Justice Department inquiry involving state leaders as politically motivated - Bookmark - CommentsGo to comments Vice President JD Vance is urging federal prosecutors to investigate Minnesota Governor Tim Walz and Attorney General Keith Ellison, alleging they failed to curb extensive social services fraud. This move intensifies worries...
Does JD Vance have to choose between Pope Leo and Peter Thiel?
Pope Leo XIV has chosen a side in the AI battle gripping Washington: He’s Team Anthropic. No, Leo isn’t weighing in on the Trump administration’s ongoing battle with the frontier AI lab and no, he isn’t donating to its super PAC of choice. But on Monday when he unveiled Magnifica Humanitas, his first encyclical letter, on “safeguarding the human person in the time of artificial intelligence,” it was hard to miss that Anthropic co-founder Christopher Olah was there at the...
Inside Trump team’s Epstein files fumble: Situation room meetings, rushing out influencer binders and MAGA divided
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