WASHINGTON DC, UNITED STATES – MAY 30: United States President Donald Trump departs at the White House to U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania in Washington D.C May 30, 2025. Celal Gunes | Anadolu | Getty ImagesAs the Senate weighs President Donald Trump’s multi-trillion-dollar spending package, a lesser-known provision tucked into the House-approved bill has pushback from Wall Street.The House measure, known as Section 899, would allow the U.S. to add a new tax of up to 20% on foreigners with U.S. investments, including multinational companies operating in the U.S.Some analysts call the provision a “revenge tax” due…
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President Donald Trump says he’s deploying 2,000 California National Guard troops to Los Angeles to respond to immigration protests, over the objections of California Gov. Gavin Newsom.It’s not the first time Trump has activated the National Guard to quell protests. In 2020, he asked governors of several states to send troops to Washington, D.C. to respond to demonstrations that arose after Minneapolis police officers killed George Floyd. Many of the governors he asked agreed, sending troops to the federal district. The governors who refused the request were allowed to do so, keeping their troops on home soil.This time, however, Trump…
Senator Miguel Uribe Turbay looks on after the Senate voted against the government labor reform referendum promoted by Colombia’s President Gustavo Petro in Bogota on May 14, 2025. A Colombian right-wing opposition senator and candidate for next year’s presidential election, Miguel Uribe Turbay, 39, was shot and wounded in Bogota on June 7, 2025, various media reported, while the government denounced an “attack.” (Photo by Raul ARBOLEDA / AFP) (Photo by RAUL ARBOLEDA/AFP via Getty Images) Raul Arboleda | Afp | Getty ImagesColombian Senator Miguel Uribe was shot in Bogota on Saturday, according to the government and his party, and local media…
A members of Taiwan’s coast guard runs with a stretcher as he participates in a drill on Taiping island.Michelle Yun | Afp | Getty ImagesTaiwan’s coast guard held drills with the military on Sunday to better practice joint operations in the face of what the government in Taipei says is a growing “grey zone” threat from China, which claims the island as its own territory.Democratically governed Taiwan has repeatedly complained about activities such as undersea cable cutting and sand dredging by China around the island, designed to pressure it without direct confrontation.It is often Taiwan’s coast guard that scrambles first…
A view shows a damaged apartment building in a residential complex in south-western Moscow on May 29, 2025, following a reported Ukrainian drone attack.- | Afp | Getty ImagesA Ukrainian drone attack targeting Moscow forced the closure of two of the key airports serving the capital, Russian authorities said early on Sunday.Russia air defence units destroyed nine Ukrainian drones heading towards Moscow by 0400 GMT, Mayor Sergei Sobyanin said on the Telegram messaging app.Emergency services were dispatched to the sites where drone debris fell in the overnight attack, Sobyanin said. He did not report any immediate damage.A Ukrainian drone attack also…
U.S. Border Patrol and protesters clash after a raid was conducted by Immigration and Customs Enforcement near a Home Depot of illegal immigrants in Paramount, California on June 06, 2025.Anadolu | Anadolu | Getty ImagesPresident Donald Trump on Saturday night signed an order to deploy 2,000 members of the National Guard in response to immigration protests in Los Angeles, the White House said.”In recent days, violent mobs have attacked ICE Officers and Federal Law Enforcement Agents carrying out basic deportation operations in Los Angeles, California,” White House press secretary Karoline Leavitt said in a statement.Trump’s order comes amid continued clashes…
European startup founders are being pressured to embrace China’s toxic “996” work culture on LinkedIn and they’re pushing back.D3sign | Moment | Getty ImagesThe European startup scene was recently shaken by a LinkedIn debate with some venture capitalists applying pressure on founders to embrace a culture of overwork to compete on a global stage.The “996” work culture reigns supreme in China and has been adopted by various tech giants including Jack Ma’s Alibaba and Bytedance’s TikTok, but the system has also been the subject of much protest in recent years. Tech workers in Europe told CNBC in 2021 that they’re…
With more Americans job hopping in the wake of the Great Resignation, the risk of “forgetting” a 401(k) plan with a previous employer has jumped, recent studies show. As of 2023, there were 29.2 million left-behind 401(k) accounts holding roughly $1.65 trillion in assets, up 20% from two years earlier, according to the latest data by Capitalize, a fintech firm.Nearly half of employees leave money in their old plans during work transitions, according to a 2024 report from Vanguard.However, that can come at a cost.More from Personal Finance:Average 401(k) balances drop 3% amid market swingsThe average 401(k) savings rate hit a…
“Death to ICE” is written on a garbage cart following multiple detentions by Immigration and Customs Enforcement (ICE), in downtown Los Angeles on June 6, 2025.Daniel Cole | ReutersFederal agents in Los Angeles on Saturday faced off against demonstrators protesting immigration raids following Friday’s protests that senior White House aide Stephen Miller condemned as an “insurrection” against the United States.The security agents on Saturday engaged in a tense confrontation with protesters in the Paramount area in southeast Los Angeles, where one demonstrator was seen waving a Mexican flag and some covered their mouths with respiratory masks.A live video feed showed…
Americans earning a regular salary may have trouble living comfortably in all 50 states.The median annual wage for individuals was just below $62,000 at the end of 2024, according to the Bureau of Labor Statistics. But it takes a salary of at least $80,829 for a single adult to live comfortably in West Virginia, the most affordable state, according to a recent SmartAsset study.SmartAsset defines “comfortable” as earning enough to follow the 50/30/20 budget method, which recommends putting 50% of your income toward essentials like rent and food, 30% toward discretionary spending and 20% toward debt repayment and savings. It…
