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Russell Vought Assumes Acting Leadership at CFPB Amid Musk’s DOGE Access
Russell Vought, an architect of Project 2025 and the new director at the Office of Management and Budget, has taken over as the acting leader of the Consumer Financial Protection Bureau (CFPB), according to a source familiar with the situation. Senior executives at CFPB were informed Friday night that Vought was taking the helm as […]
Temu and Shein Raised Prices, Removed Products as Trump’s China Tariffs Went Into Effect
Temu and Shein, the two biggest Chinese-owned ecommerce platforms that operate in the United States, have started raising prices and temporarily unlisting some products on their websites in response to new tariffs on Chinese imports announced by President Donald Trump, according to both shoppers and sellers who spoke to WIRED. Shi, a Chinese seller of […]
Cracker Barrel starts beef with Waffle House over egg surcharge; ‘there’s nothing hospitable about that’
It might not be to the level of Kendrick Lamar and Drake, but there’s a beef stewing between a pair of restaurant chains. According to NBC News, Cracker Barrel has taken issue with competitor Waffle House after it was announced earlier this week that Waffle House is implementing a 50-cent surcharge for each egg a […]
OMB head Russell Vought takes over as CFPB as acting head, DOGE team deletes X account
Russell Vought took over as acting director of the Consumer Financial Protection Bureau (CFPB) on Friday night, and officials from Elon Musk’s Department of Government Efficiency (DOGE) deleted the banking watchdog’s X account, a person familiar with the matter told CNN. Vought’s new role, first reported by The Wall Street Journal, came a day after […]
How Sam Altman Sidestepped Elon Musk to Win Over Donald Trump
At President Trump’s inauguration, Sam Altman, the chief executive of OpenAI, was relegated to the overflow room while other tech billionaires like Elon Musk and Mark Zuckerberg took prime spots on the dais under the Capitol rotunda. But days earlier, before flying into Washington, Mr. Altman was on the phone with Mr. Trump, preparing an […]
Eggs hatch more bad news: They’re expensive, hard to find — and their shells are going to start chipping more, too.
We all know eggs are expensive — probably forever. And they’re missing from grocery shelves, too. As if that weren’t enough, there’s other egg-related bad news: Their shells chip more often. When will this nightmare end? (I asked an eggspert: Probably never!) Sorry to stress you out, but the egg situation is getting worse and […]
Meet the 1 Number From Palantir That May Keep This Supercharged Stock Soaring
![Palantir Technologies](https://g.foolcdn.com/editorial/images/806717/gettyimages-1357572936.jpg) Palantir Technologies (PLTR -0.39%) recently announced impressive earnings results, including double-digit revenue growth and record deal values. The company’s Artificial Intelligence Platform (AIP) has been a significant driver of this growth, attracting both government and commercial customers. One key number that stands out is Palantir’s ‘Rule of 40’ score, which reached an eye-popping […]
Donald Trump pauses tariffs on low-cost parcels in US-China trade reprieve
Donald Trump has temporarily paused tariffs on low-cost parcels, providing a reprieve in the US-China trade tensions. This move affects certain cheap shipments, which will now be exempt from tariffs, at least for the time being. — news from Financial Times
Trump Administration Move to Freeze E.V. Charger Funding Confounds States
The Trump administration’s decision to freeze funding for electric vehicle (E.V.) chargers has left many states in a state of confusion. Automakers are urging the U.S. Department of Transportation (USDOT) to quickly restart the federal EV charging program. — news from The New York Times
US employers added 143,000 jobs in solid but unspectacular January hiring, jobless rate fell to 4%
WASHINGTON (AP) — U.S. employers added just 143,000 jobs last month, but the unemployment rate fell to 4% to start 2025. The first monthly jobs report of Donald Trump’s second presidency points to a solid but unspectacular labor market. January job creation dipped from the 261,000 added in November, and 307,000 in December. Economists had […]