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U.S. President Donald Trump and Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. attend a Make America Healthy Again (MAHA) Commission event, in the East Room of the White House in Washington, D.C., U.S., May 22, 2025. Evelyn Hockstein | ReutersThe Trump administration on Tuesday night said it was freezing $10 billion in federal grant funds for certain child care and family assistance programs in five states because of “serious concerns about widespread fraud” in state-administered programs.All five states targeted by the freeze — California, Colorado, Illinois, Minnesota, and New York — are led by Democrats.The action applies…
An oil tanker is docked at a pier at the El Palito refinery of the state oil company PDVSA.Jesus Vargas | Picture Alliance | Getty ImagesPresident Donald Trump said Tuesday evening that the interim authorities in Venezuela will be turning over between 30 million to 50 million barrels of oil to the United States.Trump, in a social media post, said the oil will be sold at its market price, “and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!””I have…
A startup in the clean-water space is making a curious bet on beer. Curious, because the beer is made from recycled shower and laundry water. San Francisco-based Epic Cleantec launched in 2015 as a wastewater recycling company using its proprietary technology to clean and reuse water in office and apartment buildings. At the time, CEO Aaron Tartakovsky said, “We need to overhaul our flush and forget society.” Now, he’s taking it to the next level. “A lot of it was psychology,” he said. “It is getting people comfortable with the concept of recycled water. And we found that if you…
Nvidia CEO Jensen Huang speaks during the 2026 CES event in Las Vegas, Jan. 6, 2026.Bridget Bennett | Bloomberg | Getty ImagesNvidia CEO Jensen Huang on Tuesday said that the company is seeing “very high” customer demand in China for its H200 AI chips, which the U.S. government recently signaled that it would approve for export. Huang added that Nvidia has started producing the chips again and is working out the final details about export licenses with the U.S. government. Nvidia’s chips are critical for companies developing artificial intelligence models. “We’ve fired up our supply chain, and H200s are flowing…
KSE-100 gains 2,653 points as banks, cement, oil & gas, and automobile stocks lead rally The bullish momentum at the Pakistan Stock Exchange (PSX) remained firmly intact on Tuesday, as aggressive buying drove the benchmark KSE-100 index past the 185,000 mark, setting yet another historic high. The market posted fresh intra-day highs and a record close, reflecting strong investor confidence at the advent of CY26. The index recorded an intra-day high of 185,481.45 and a low of 181,182.07, before adding 2,653.87 points, or 1.45%, to close at 185,062.11. Buying interest was broad-based, with strong participation seen across key sectors including…
Packages in a United States Postal Service (USPS) truck near the New York Stock Exchange (NYSE) in New York, US, on Monday, Nov. 24, 2025. Michael Nagle | Bloomberg | Getty ImagesAmazon has angered some online retailers that say they didn’t consent to have their products scraped and listed on the e-commerce giant’s sprawling marketplace.In February, the company announced “Shop Direct,” a feature that lets consumers browse items from other brands’ sites on Amazon. Some of those items include a button labeled “Buy for Me,” an artificial intelligence agent that can purchase products from other websites on a shopper’s behalf.Amazon…
Sen. Ruben Gallego said Tuesday that he was introducing a resolution to block President Donald Trump from invading Greenland.”WAKE UP,” Gallego, D-Ariz., wrote on the social media site X, as the Trump administration ratcheted up rhetoric about the United States taking over Greenland, which is a self-governing Danish territory.”Trump is telling us exactly what he wants to do. We must stop him before he invades another country on a whim,” Gallego wrote. “I’m introducing a resolution to block Trump from invading Greenland. No more forever wars.”Trump, in an interview over the weekend with The Atlantic magazine, said he would leave…
U.S. President Donald Trump gestures as he arrives to address House Republicans at their annual issues conference retreat, at the Kennedy Center, renamed the Trump-Kennedy Center by the Trump-appointed board of directors, in Washington, D.C., U.S., January 6, 2026. Kevin Lamarque | ReutersPresident Donald Trump and his team are considering “a range of options” in order to acquire Greenland, including “utilizing the U.S. Military,” White House press secretary Karoline Leavitt told CNBC on Tuesday.The statement is an escalation of the Trump administration’s already aggressive rhetoric about Greenland, which the president has long sought to make a part of the United…
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | ReutersElon Musk’s xAI said it raised $20 billion in a funding round, exceeding its prior target of $15 billion. CNBC reported in November that a financing would value the artificial intelligence startup at about $230 billion. After an initial report that xAI was raising $15 billion, Musk called the story “False” in a post on X.Investors included Nvidia and Cisco Investments as well as long-time Musk company backers Valor Equity Partners, Stepstone Group, Fidelity, Qatar Investment Authority, Abu Dhabi’s MGX and Baron Capital Group.…
Pakistan Tehreek-e-Insaf’s Salman Akram Raja has refused to recognise Barrister Gohar Ali Khan as the chairman of PTI, stating that the party chairperson was “Imran Khan and no one else.” His remarks came during a media talk at the Gorakhpur checkpoint in Rawalpindi on Tuesday, the day reserved for meetings with the PTI founder at Adiala Jail. PTI workers began gathering at the checkpoint amid a heavy police deployment. Routes leading to Adiala Jail were blocked, with checkpoints established at five locations. Responding to a journalist’s question about why Barrister Gohar had been effectively sidelined in practice and who the…