Trump Invites China into US Auto Industry During Detroit Speech filmogaz.com
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Trump’s tariffs could be undone by one conservative doctrine: ‘Life or death’ Fox News
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Elon Musk says saving for retirement is unnecessary in an AI-driven future KTLA
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The Senate on Thursday cleared a three-bill spending package that passed the House last week, sending the measure to President Trump for his signature.
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AI journalism startup Symbolic.ai signs deal with Rupert Murdoch’s News Corp Yahoo Finance
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Congo offers manganese, copper‑cobalt, and lithium assets to US investors under minerals pact CNBC Africa
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New public records reveal that large volumes of U.S. currency from Mexico entered the Federal Reserve system in 2024 and 2025 through a foreign bank access program operating outside routine U.S. bank supervision.
According to Mexico Business Daily, bank disclosures, regulatory filings, and media reports show that Banco Azteca, a Mexican retail bank that previously lost U.S. correspondent banking relationships, routed bulk U.S. currency through Moneycorp Bank Limited.
Moneycorp is a Gibraltar-based financial institution with direct access to Federal Reserve cash services.
Sales by U.S. retailers rose by much more than expected in November, signaling that the household sector remains resilient and consumer spending continues to support rapid economic growth.
Retail spending rose 0.6 percent in November, exceeding even the most optimistic estimates. Analysts surveyed by Econoday expected sales to rise by around 0.2 percent, with estimates ranging from a decline of 0.5 percent to a gain of 0.4 percent.
Since the start of the year through November, sales are up 3.7 percent compared with the first 11 months of the prior year. During that period, consumer prices rose by around 2.7 percent, implying that real sales were up by one percent.
More and more people have been experiencing psychosis induced by AI chatbot use. This is concerning since chatbot use is so prevalent, especially among young people and those who are in distress and vulnerable (one recent study found that about a quarter of young adults used chatbots specifically for mental health advice).
Reassuringly, psychiatry’s stance is that anyone who experiences this was already “prone to psychosis”—that the chatbot simply triggered delusions that would have been triggered some other way. Yet there is no evidence to support this explanation, and the case reports of those who have experienced AI psychosis tell a different story.
One of the biggest problems — of many — that President Donald Trump identified under his predecessor’s regime involved the soaring cost of living to which many Americans were subjected.
By that same token, Trump also appears cognizant that one of the initiatives he supports, the investment in and proliferation of artificial intelligence, could very well lead to Americans feeling the same sort of squeeze they felt under former President Joe Biden.
Aware of that, the president took to Truth Social to issue a mandate to tech companies, saying they will not be allowed to jack up American utility bills.
Donald J. Trump Truth Social Post 06:38 PM EST 01.12.26 pic.twitter.com/kKlX348syO
— Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) January 12, 2026
The following content is sponsored by Americans for Limited Government.
After years of Washington politicians lining the pockets of insurance companies and anointing them “essential partners,” President Trump has called out the insurance monopoly for what it is. “Let the money go not to the big fat cats and the insurance companies that made 1,700 percent over a short period of time,” President Trump said.
“Let the money go directly to the people, where they can buy their own health care.”
The big health insurance companies that have gorged themselves at the Obamacare trough are finally being put under the spotlight and held to account. While these companies have grown richer, patients have been left paying ever-increasing premiums and deductibles with steadily decreasing care in return.
Eleven House Democrats jumped party lines to vote with their Republican counterparts in a bid to overturn regulations pushed during former President Joe Biden’s tenure.
According to Fox News, the House of Representatives voted 226-197 to overturn Biden-era regulations effectively aimed at restricting how strong shower heads could be.
Federal law already caps how much water a shower head is allowed to emit.
During the Biden administration, regulators took a broader view of that rule. They concluded that showers equipped with multiple nozzles had to be treated as a single unit, meaning the total water flow across all heads could not exceed the legal maximum.
NEW YORK — Up until this week, Wall Street has generally benefited from the Trump administration’s policies and has been supportive of the president. That relationship has suddenly soured.
When President Donald Trump signed the One Big Beautiful Bill into law in July, it pushed another significant round of tax cuts and also cut the budget of the Consumer Financial Protection Bureau, at times the banking industry’s nemesis, by nearly half. Trump’s bank regulators have also been pushing a deregulatory agenda that both banks and large corporations have embraced.
But now the president has proposed a one-year, 10% cap on the interest rate on credit cards, a lucrative business for many financial institutions, and his Department of Justice has launched an investigation into Federal Reserve Chair Jerome Powell that many say threatens the institution that is supposed to set interest rates free of political interference.
Former President Bill Clinton defied a House Republican committee’s subpoena Tuesday in an escalating battle over Congress’s handling of an investigation of disgraced financier and sex offender Jeffrey Epstein.
House Oversight Committee Chairman James Comer threatened the former president with a contempt prosecution, while Clinton accused the Republican of mounting a partisan campaign to hide, rather than reveal, the truth about Epstein and his powerful connections.
Clinton failed to appear at a deposition for Comer’s panel Tuesday. Instead, the former president posted a letter to the chairman on social media denouncing his investigation and condemning him for resisting successful legislation to force disclosure of Justice Department files on Epstein’s sex trafficking operation.
“If the government didn’t do all it could to investigate and prosecute these crimes, for whatever reason, that should be the focus of your work – to learn why and to prevent that from happening ever again. There is no evidence that you are doing so,” Clinton wrote in a letter co-signed by his wife, former Democratic presidential nominee Hillary Clinton, who has also been subpoenaed by the panel.
Senate Majority Leader John Thune and Speaker Mike Johnson voiced skepticism Tuesday on President Donald Trump’s move to temporarily cap credit card interest rates.
“I think that would probably deprive an awful lot of people of access to credit around the country,” Thune told reporters. “Credit cards would probably become debit cards.”
“That’s not something I’m out there advocating for — let’s put it that way,” he added.
Thune’s comments come after Trump posted on Truth Social that he was calling for a one-year cap of 10 percent interest on credit cards starting Jan. 20.
President Donald Trump announced Monday, January 12, that Iran’s primary trading partners will be met with 25 percent tariffs on most goods. The announcement comes amid several days of sustained unrest across the country, which has left dozens of anti-regime protesters dead, according to figures from several human rights organizations.
The measure targets nations such as China, India, Turkey, Iraq, and the United Arab Emirates, which are among Iran’s primary trading partners. The White House stated that this policy applies to any goods imported into the United States from those countries, potentially increasing costs for American businesses and consumers.
“Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25% on any and all business being done with the United States of America. This Order is final and conclusive,” the president posted on Truth Social.
ExxonMobil may see itself shut out of Venezuela.
President Trump hinted that ExxonMobil may find itself blocked from making investments in Venezuela after the CEO claimed the country was “inevitable.”
On Friday, the CEO of ExxonMobil, while at the White House, expressed doubts about whether investing in Venezuela will yield good returns for his company due to the current laws in the country.
In response to the CEO’s comments, Trump said Exxon Mobil is “playing cute.”
President Trump has made lowering prescription drug prices a clear priority, repeatedly arguing that Americans should not be forced to pay more for medicine than patients in other developed countries. Drugmakers have publicly welcomed that message. But their actions tell a more complicated story.
First reported by Reuters this week, pharmaceutical companies are raising list prices on more than 350 drugs for 2026. Many of the increases were small, but others were not, including sharp hikes on certain hospital-administered and specialty medicines that patients and providers rely on every day.
11-year streak of record global warming continues, UN weather agency warns UN News
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Illinois Gov. Pritzker says Minneapolis shooting fits pattern of ICE ‘breaking their own protocols’ Washington Times
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The U.S. labor market ended 2025 on a soft note, with job creation in December less than expected, according to a report Friday from the Bureau of Labor Statistics.
Nonfarm payrolls rose a seasonally adjusted 50,000 for the month, lower than the downwardly revised 56,000 in November and short of the Dow Jones estimate for 73,000.
At the same time, the unemployment rate fell to 4.4%, compared to the forecast for 4.5%.
The report presented a muddy view of the labor market, with companies reporting a low level of hiring but households showing employment gains.
In addition, revisions brought totals down for the prior months. The November total saw a slight downward revision of 8,000 to the payrolls number, while October’s loss was even more than originally reported, now at 173,000 compared to the prior estimate of 105,000.
President Masoud Pezeshkian strikes conciliatory tone in interview broadcast on state TV but accuses US and Israel of fuelling unrest that has killed dozens.
President Masoud Pezeshkian has pledged to overhaul Iran’s struggling economy, saying his government is “ready to listen to its people” after two weeks of increasingly violent nationwide demonstrations.
Pezeshkian adopted a conciliatory approach during a televised interview on state television on Sunday, saying his embattled administration was determined to resolve the country’s economic problems while accusing the United States and Israel of fomenting deadly unrest.
President Donald Trump announced Wednesday that his administration is moving to ban major investors from buying up single-family homes in the U.S. in an attempt to lower housing prices.
Trump claimed in a Truth Social post that former President Joe Biden and congressional Democrats have caused “record high inflation,” which has caused the “American Dream” to become “increasingly out of reach for far too many people.”
Donald J. Trump Truth Social Post 12:45 PM EST 01.07.26 pic.twitter.com/udFmE0FDDB
— Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) January 7, 2026
“For a very long time, buying and owning a home was considered the pinnacle of the American Dream,” Trump wrote in the social media post. “I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it.”
“People live in homes, not corporations,” the president emphasized.
Chinese vice premier meets Disney CEO Xinhua
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President Trump said on Truth Social Wednesday that Venezuela will use the money that it draws from a recent oil sale deal with the U.S. on “ONLY American Made Products.”
Those purchases could include agricultural products, medicines, medical devices and equipment needed to fix the country’s beleaguered electrical grid, Mr. Trump wrote.
“In other words, Venezuela is committing to doing business with the United States of America as their principal partner – A wise choice, and a very good thing for the people of Venezuela, and the United States,” the president continued.
Since Maduro’s capture, Mr. Trump has focused on Venezuela’s oil industry, pressing U.S. companies to enter the country — a move he has suggested could help rebuild the oil-rich nation’s crumbling infrastructure.
Greenland’s Billionaire Investors: Bezos, Gates, Altman And More Followed Trump’s Lead Forbes
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As Venezuelan detainee Diógenes Angulo left a prison in San Francisco de Yare after a year and five months behind bars, his family appeared to be in shock.
He was detained two days before the 2024 presidential election after he posted a video of an opposition demonstration in Barinas, the home state of the late President Hugo Chávez.
As he emerged from the jail in San Francisco de Yare, approximately an hour’s drive south of the capital Caracas, he learned that former President Nicolás Maduro had been captured by U.S. forces Jan. 3 in a nighttime raid in the capital.
Angulo told The Associated Press that his faith gave him the strength to keep going during his detention.