Democratic Rep. Stephen Lynch (Mass.) on Tuesday urged Treasury Secretary Scott Bessent to convince President Trump to reverse course on regulating artificial intelligence (AI). During Bessent’s appearance before the House Financial Services Committee, Lynch said Trump does not have “a grasp” of “what we’re dealing with” regarding AI. “I’ll be honest, I don’t think the...

Democratic Rep. Stephen Lynch (Mass.) on Tuesday urged Treasury Secretary Scott Bessent to convince President Trump to reverse course on regulating artificial intelligence (AI). During Bessent’s appearance before the House Financial Services Committee, Lynch said Trump does not have “a grasp” of “what we’re dealing with” regarding AI. “I’ll be honest, I don’t think the...

Jon Voight is joining a bipartisan group of lawmakers touting the need for a federal film and TV production tax credit, saying a new report shows such an incentive would "level the playing field and bring jobs back to our country." The "Deliverance" star, whom President Trump named last year as one of his "special ambassadors" to...

Abbott Laboratories will pay $385 million to settle allegation related to how it operated a manufacturing plant tied to contaminated powdered baby formula suspected of causing infant deaths. Contamination led to the nation's largest formula facility being shuttered temporarily in 2022, triggering a recall of several infant formula brands, including Similac, exacerbating existing supply chain...

Rep. Maxine Waters (D-Calif.) went after Treasury Secretary Scott Bessent on Tuesday for the Trump administration’s policy on artificial intelligence, as warnings about the technology percolate. During Bessent’s appearance before the House Financial Services Committee, Waters said President Trump is “blindly” pushing for the development of AI models and data centers “with absolutely no safeguards.”...

Rep. Maxine Waters (D-Calif.) went after Treasury Secretary Scott Bessent on Tuesday for the Trump administration’s policy on artificial intelligence, as warnings about the technology percolate. During Bessent’s appearance before the House Financial Services Committee, Waters said President Trump is “blindly” pushing for the development of AI models and data centers “with absolutely no safeguards.”...

WASHINGTON (AP) — The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump's support for a cut. A quarter-point increase in the Fed's rate, currently about...

Rep. George Whitesides (D-Calif.) on Monday said that the U.S. needs "a safety stand-down" regarding AI amid growing calls for regulation coming from both the tech industry and members of Congress. "I'm setting out a vision for how we need to develop AI," Whitesides told NewsNation's Blake Burman on "The Hill." "I think we need,...

While these are expected to be the last new stores to open in 2026, dozens more are in the works.