May 8, 2025
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook
Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in part due to economic “softness.” Krispy Kreme is not planning to launch its doughnuts in any additional McDonald’s locations in the second quarter, suspending a nationwide rollout. As of March 30, more […]
May 8, 2025
White House highlights over $2B in savings from DEI cuts during Trump administration’s first 100 days
An analysis of the Trump administration’s efforts to end diversity, equity and inclusion throughout the federal government during the president’s first 100 days in office revealed that nearly 750 DEI employees have been placed on leave or fired for a savings of more than $2 billion. The analysis provided by the White House showed that […]
May 8, 2025
GOP talk on millionaire tax hike ‘makes no sense,’ Trump White House alum says
A former top aide in President Donald Trump’s first administration is arguing that Republicans raising taxes on wealthy Americans ‘makes no sense.’ Marc Short, the former chief of staff to ex-Vice President Mike Pence, was an integral part of negotiations for Trump’s 2017 Tax Cuts and Jobs Act (TCJA). He also served in Trump’s first […]
May 8, 2025
UnitedHealthcare sued by shareholders over reaction to CEO’s killing
A group of investors sued UnitedHealthcare Group on Wednesday, accusing the company of misleading them after the killing of its CEO, Brian Thompson. The class action lawsuit — filed in the Southern District of New York — accuses the health insurance company of not initially adjusting their 2025 net earning outlook to factor in how […]
May 8, 2025
Trump considers tax hike on Americans making $2.5 million or more per year
President Donald Trump is considering a small tax increase for wealthy Americans to help pay for his priorities to boost the middle and working classes. A source familiar with Trump’s thinking told Fox News Digital that Trump is considering allowing the rate on individuals making $2.5 million or more to increase by 2.6%, from 37% […]
May 8, 2025
GOP senators: Congress should vote on Trump’s potential Iran nuclear deal
A pair of hawkish, Trump-supporting Senate Republicans say that any ‘lasting’ Iran nuclear deal would need to be approved by Congress, ideally through a two-thirds majority treaty vote. But scoring a two-thirds majority in the Senate for treaty ratification would require Iran to fulfill a series of steep demands. In addition to getting rid of […]
May 8, 2025
Ways and Means chair to huddle with Trump on taxes
House Ways and Means Chair Jason Smith (R-Mo.) is set to meet Friday with President Donald Trump at the White House with the tax portion of the GOP megabill at risk of unraveling, according to three people granted anonymity to describe the private plans. Smith will have to inform Trump that the tax portion of […]
May 8, 2025
Chief Justice Roberts doubles down on defense of courts as SCOTUS gears up to hear key Trump cases
Supreme Court Chief Justice John Roberts used a public appearance Wednesday to stress the importance of an independent judiciary, doubling down on defense of the courts under fire by President Donald Trump and his allies, who have accused so-called ‘activist judges’ of overstepping their bounds. Asked during a fireside chat event in Buffalo, New York, […]
May 8, 2025
Trump touts ‘rebuilding and modernization’ of US air traffic control, blasts Buttigieg for having ‘no clue’
President Donald Trump touted his administration’s efforts to rebuild and modernize U.S. air traffic control, as the Department of Transportation rolled out its three-year plan to build a brand-new, ‘state-of-the-art’ system to address critical safety needs, while blasting former Transportation Secretary Pete Buttigieg for having ‘no clue.’ Transportation Secretary Sean Duffy Thursday unveiled the proposal, […]
May 8, 2025
Trump pulls his nomination for DC US attorney, says he’ll reveal new pick soon
The White House will unveil a new nominee to serve as U.S. attorney for the District of Columbia, following resistance to the administration’s current pick, according to President Donald Trump. Trump had nominated Ed Martin, a former defense attorney who represented Americans charged in the Jan. 6, 2021, riot at the Capitol, for the role. […]
May 8, 2025
Senate Democrats demand hearing on Trump deportations
Senate Democrats are asking Homeland Security and Governmental Affairs Committee Chair Rand Paul to convene a hearing on President Donald Trump’s deportation policies, including claims that administration officials are defying court orders in their haste to expel foreigners from the U.S. In a letter obtained by POLITICO, all the panel’s Democrats called on Paul to […]
May 8, 2025
Democrats vote to reject Senate crypto bill
Senate Democrats on Thursday voted down a procedural motion that would allow the upper chamber to take up landmark GOP-led cryptocurrency legislation, delivering a stunning blow to Republicans on one of their first major policy pushes since clinching a trifecta. The upper chamber voted 48-49 not to proceed on the crypto bill, squashing the effort […]