Musk throws $276M behind Republicans in midterms

The Hill - Oct 12, 2026

Tech trillionaire Elon Musk gave $276 million to several Republican super PACs and organizations over the past three months, as the GOP faces headwinds ahead of the midterm elections. This brings the Tesla and SpaceX CEO’s total contributions so far to $366 million. A spokesperson for Musk’s America PAC confirmed the numbers to The Hill,...

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Social Security commissioner predicts program will last 'for another 90 years'

Oct 12, 2026

Social Security commissioner predicts program will last 'for another 90 years'

Frank Bisignano, the commissioner of the Social Security Administration (SSA), said Monday the program will last another 90 years. “This is a long journey. It’s 90 years old. It’ll be around for another 90 years,” Bisignano said on CNBC’s “Squawk Box.” The SSA will release its annual cost-of-living adjustment (COLA) on Wednesday, after the Bureau...

How the US military is learning to fight everyone's new weapons

Oct 12, 2026

How the US military is learning to fight everyone's new weapons

The war on terror taught the U.S. to fight individual terrorists, which left the military behind rival nations on the tech front, experts say.

2 American economists win Nobel for work on managing economic shocks

Oct 12, 2026

2 American economists win Nobel for work on managing economic shocks

STOCKHOLM (AP) — American economists Robert E. Hall and Michael Woodford won the Nobel Memorial Prize in economics Monday for their work on models that have helped governments and central banks manage economic shocks, such as energy crises and inflation. The Royal Swedish Academy of Sciences announced the winners in Stockholm, noting that their work...

Microsoft president: AI faces fewer safety requirements than milk, washing machines

Oct 12, 2026

Microsoft president: AI faces fewer safety requirements than milk, washing machines

Microsoft President Brad Smith says AI has fewer safety requirements than milk and washing machines, arguing in a BBC interview released Sunday that self-regulation is not "sufficient any longer." Smith acknowledged that the idea of government evaluators signing off on a product before its release "makes people nervous," particularly in the U.S. "But just remember,...

Harris: Trump’s Russian fuel plan 'reeks of weakness'

Oct 12, 2026

Harris: Trump’s Russian fuel plan 'reeks of weakness'

Former Vice President Kamala Harris on Sunday criticized President Trump’s diesel deal with Russia, saying it “reeks of weakness.” “Donald Trump and his war in Iran are to blame for our nation's sky-high diesel and gas prices. His latest ploy—buying fuel from his friend Vladimir Putin—reeks of weakness and will help pay for Russia’s war...

Oil analyst 'skeptical' that Trump's diesel deal with Russia will lower prices

Oct 12, 2026

Oil analyst 'skeptical' that Trump's diesel deal with Russia will lower prices

Oil analyst Patrick De Haan said Monday that President Trump’s deal with Russia to supply the U.S. and global markets with diesel fuel may not lower fuel prices. “On the policy front, the Trump administration’s proposed diesel deal raises more questions than it answers, and I remain skeptical that it will deliver significant relief to...

Most in new poll oppose bets on elections

Oct 12, 2026

Most in new poll oppose bets on elections

Most Americans regardless of party oppose betting on election results through prediction markets such as Kalshi or Polymarket, according to a new survey. A Reuters/Ipsos poll, released Monday, found that 60 percent of respondents did not support betting on election results, as the midterm elections near. Another 13 percent said they support betting, while 24...

Most in new poll oppose bets on elections

Oct 12, 2026

Most in new poll oppose bets on elections

Most Americans regardless of party oppose betting on election results through prediction markets such as Kalshi or Polymarket, according to a new survey. A Reuters/Ipsos poll, released Monday, found that 60 percent of respondents did not support betting on election results, as the midterm elections near. Another 13 percent said they support betting, while 24...

Bacon: Trump oil deal with Putin 'morally wrong'

Oct 12, 2026

Bacon: Trump oil deal with Putin 'morally wrong'

Rep. Don Bacon (R-Neb.) slammed President Trump’s diesel deal with Russia, a move that comes amid energy cost increases in the U.S. “70% of Americans support Ukraine. Propping up Putin’s war economy is morally wrong as he uses that money to bomb cities,” Bacon said Friday on the social platform X. “The President’s policies towards...

America’s Favorite Fruit Is Being Bruised by the Iran War

Oct 12, 2026

America’s Favorite Fruit Is Being Bruised by the Iran War

The journey of one banana from farm to store shows how the war’s economic effects have cascaded into some surprising industries.

Check your email: $15.8 million being sent to users of cash advance app, FTC says

Oct 11, 2026

Check your email: $15.8 million being sent to users of cash advance app, FTC says

More than 2 million payments are being sent out, according to the FTC.

Tillis: Trump's Russia deal 'is tarnishing Lindsey Graham's efforts' at sanctions

Oct 11, 2026

Tillis: Trump's Russia deal 'is tarnishing Lindsey Graham's efforts' at sanctions

Sen. Thom Tillis (R-N.C.) slammed President Trump’s deal with Russia for diesel Sunday amid the energy struggles the U.S. is experiencing. “The president needs to move forward with the sanctions bill that we sent him. This agreement with pursing Russian oil is essentially, I think, tarnishing [Sen.] Lindsey Graham's [(R-S.C.)] efforts to try and get...

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