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Trump tariff spike fuels new House bill to lock China out of US government tech

A bipartisan duo of House lawmakers is moving to ensure the U.S. government is free from Chinese-made technology after President Donald Trump hiked tariffs against Beijing. Rep. Pat Fallon, R-Texas, is leading the Securing America’s Federal Equipment (SAFE) Supply Chains Act alongside Rep. Ro Khanna, D-Calif. It would impose new guardrails on the technology the U.S. government is able to purchase by forcing a federal agency or office to only purchase it from ‘original equipment...

Musk says DOGE set to top $150B in fraud savings in FY 2026

DOGE Chief Elon Musk says the organization is set to save the U.S. government more than $150 billion in cuts to waste and fraud in FY 2026. Musk made the comment during a public Cabinet meeting with President Donald Trump on Thursday.  ‘We anticipate savings in FY 26 from reduction of waste and fraud by $150 billion. And, I mean, and some of it is just absurd. Like people getting unemployment insurance who haven’t been...

FDA phasing out some animal testing in ‘win-win’ for ethics and public health: commissioner

— The Food and Drug Administration is phasing out an animal testing requirement for antibody therapies and other drugs in favor of testing on materials that mimic human organs, the FDA announced on Thursday.  ‘For too long, drug manufacturers have performed additional animal testing of drugs that have data in broad human use internationally. This initiative marks a paradigm shift in drug evaluation and holds promise to accelerate cures and meaningful treatments for Americans while reducing...

Mexican drug lord convicted in killing of DEA agent Enrique ‘Kiki’ Camarena is freed

A Mexican drug lord was released from custody after being convicted in the 1985 killing of Drug Enforcement Administration agent Enrique ‘Kiki’ Camarena.  Ernesto ‘Don Neto’ Fonseca Carrillo, one of the co-founders of the Guadalajara Cartel, was freed last weekend after completing his 40-year sentence, a federal agent confirmed to the Associated Press.  Fonseca, 94, had been serving the remainder of his sentence under home confinement outside Mexico City since being moved from prison in 2016....

Newly surfaced report provides more clues on COVID outbreak source and timeline

A 2022 Defense Department report long withheld by the Biden administration has recently surfaced and reveals that seven U.S. service members showed COVID-19-like symptoms after having competed in the World Military Games in Wuhan, China, months before the deadly virus first broke out in the U.S. The explosive disclosure suggests that the virus was circulating in Wuhan months before China disclosed it to the world in December 2019. The games took place in October 2019,...

Stock Market Volatility: Pain Points, Bright Spots, and Strategies

Is the stock market volatility making you nervous?  In this video, Grayson Roze and Julius de Kempenaer unpack the volatile market environment and discuss pain points, some of the “bright spots” they are seeing in the market, and the StockCharts tools they are using to identify shifts in market sentiment. Learn how you can use market breadth indicators, support levels, and chart patterns to identify turning points in the market. You will also discover the...

S&P 500 Final 2024 Q4 Earnings:  Still Overvalued

S&P 500 earnings are in for 2024 Q4, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red line), a fairly valued P/E of 15 (blue line), or an undervalued P/E of 10 (green line). Annotations on the right side of the chart show where the range is...

Greenpeace UK leader arrested for targeting American embassy with ‘ blood-red dye’: report

Greenpeace’s United Kingdom leader and five other activists reportedly were arrested Thursday after tossing hundreds of liters of ‘blood-red dye’ into a pond at the U.S. embassy in London in a protest against the war in Gaza.  The environmental group said the action was to ‘highlight the death and devastation caused in Gaza as a direct result of the US’ continued sale of weapons to Israel.’  ‘Twelve activists tipped the non-toxic, biodegradable dye from containers...

Trump’s ‘big, beautiful’ tax agenda scores major victory in House despite GOP rebellion threats

In a massive victory for President Donald Trump and House Speaker Mike Johnson, R-La., the House of Representatives passed a bill Thursday that will set the stage for a massive conservative policy overhaul. The legislation passed mostly along party lines on Thursday morning after a long night of negotiations between House GOP leaders and fiscal hawks who were critical of its spending cut levels. Just two Republicans voted against the legislation – Reps. Thomas Massie,...

DAVID MARCUS: Trump’s tariff triumph big step for America’s comeback

NEWYou can now listen to Fox News articles! Big media and big finance insisted the financial sky was falling this week, but with President Donald Trump, you never know exactly where you are in any deal-making process. Weighing in too soon can make you look stupid. On Wednesday, the deal-maker in chief announced a 90-day pause on sky-high tariffs directed at 75 nations which did not retaliate against his measures and have asked the administration...