Thursday, May 8, 2025, 6:20 pm
President Trump is urging GOP lawmakers to raise income taxes on the wealthiest Americans to support his sweeping economic proposals. The call has sparked debate over wealth redistribution, as critics and supporters trade barbed commentary on the “sequel” to traditional fiscal policies.
Donald Trump proposes to raise income taxes on wealthy Americans Financial Times
Trump Urges GOP To Raise Taxes On The Wealthy To Fund Economic Agenda: Report President Donald Trump is urging Republican lawmakers to raise taxes on some of the wealthiest Americans as part of his sweeping new economic package - a move that US Commerce Secretary Howard Lutnick says…
permalink / 2 stories from sources in 37 hours ago #government #finance #trump #economy
Facing escalating U.S. tariffs, Apple appears to be quietly shifting iPhone production to Brazil through its Foxconn partnership. Despite Apple’s denials, industry insiders suggest this strategic relocation aims to stabilize prices and secure the supply chain, proving that when it comes to international trade, geography often trumps rhetoric. More...
HR tech startup Rippling has astonished investors by reaching a $16.8 billion valuation following a $450 million Series G financing round. This meteoric rise, buoyed by savvy venture capital interest (YC reportedly being one of the backers), adds another chapter to today’s ever-expanding unicorn saga. More...
Google is shaking up the developer playground by adding an implicit caching feature to its Gemini 2.5 API, promising to cut costs by up to 75%. By reusing common data prefixes, this move transforms repetitive prompt handling, making high-powered AI more efficient—and a bit more wallet‐friendly—for tech innovators. More...
Google has agreed to a settlement of roughly $1.375 billion to settle allegations of invasive data tracking practices in Texas. Both reports detail the breach of users’ sensitive geolocation and privacy rights, marking another hefty reminder that digital privacy demands serious oversight—even if enforcement sometimes seems as elusive as a mirage. More...
In a high-tech twist on digital security, Google is deploying on-device AI in Chrome to sniff out and block online scams in real time. This stealth upgrade is set to intercept nasty cyber schemes before they even reach your browser, proving that even your computer can have a watchdog with a wicked streak. More...
Trump targets Consumer Product Safety Commission (13 hours ago)
US border agents to photograph car exiters with facial recognition (16 hours ago)
Senate Ends Free Wi‑Fi Funding for Schools and Libraries (40 hours ago)
Rippling Soars to $16.8 Billion Valuation Amid Financing Round (18 hours ago)
Coinbase Q1 Earnings Show Revenue Slip Amid Investor Disquiet (35 hours ago)
Gates Foundation Announces 2045 Closure with Massive Pledge (42 hours ago)
Trump targets Consumer Product Safety Commission (13 hours ago)
Trump Targets Digital Equity Act in Baffling Move (18 hours ago)
Trump Boldly Endorses 80% Tariff on China Amid Trade Talks (22 hours ago)
US-UK Trade Deal Finalized Amid Last-Minute Negotiations (41 hours ago)
Gates Foundation Announces 2045 Closure with Massive Pledge (42 hours ago)
Fed Chair Powell’s live briefing on rate policy (2 days ago)
Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.