By AC Powell Former One-Term Congressman Looking to Run in Third District in 4 Years Former Congressman Marc Molinaro is reportedly exploring yet another run for Congress, this time in New York’s 21st Congressional District. If he follows through, it would mark Molinaro’s third attempt to secure a House seat across multiple districts in just a few election cycles, a political journey that increasingly raises questions about durability, direction, and authenticity. Molinaro’s recent congressional history is not a straight line. Before winning a seat in Washington, he ran in the 2022 special election in New York’s 18th District and lost.…
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The United States and Switzerland announced a framework trade agreement on Friday that includes Washington slashing its tariffs on imported Swiss products to 15% from 39% and a pledge by Swiss companies to invest $200 billion in the U.S. by the end of 2028. The United States and Switzerland, joined by Liechtenstein, aim to conclude negotiations to finalize their trade deal by the first quarter of 2026, the White House said in a statement. U.S. Trade Representative Jamieson Greer said the agreement tears down longstanding trade barriers and opens new markets for American goods. He welcomed “massive Swiss investment to…
Congress rallied to pass a spending bill that ended the record-long government shutdown, but it came with a price: much of the legal cannabis industry. The big picture: A last-minute provision in the spending bill criminalized many hemp-derived products, despite the objection of businesses, lobbying groups, and lawmakers with stakes in the $28 billion industry. Driving the news: The provision reversed the legal sale of hemp products outlined by the 2018 Farm Bill, which included many THC-infused products. The other side: Sen. Mitch McConnell (R-Ky.) authored the 2018 Farm Bill but has been a leading proponent of closing the THC loophole, arguing that companies have exploited it to…
Sylvia Bongo Ondimba and Noureddin Bongo Valentin, the wife and son of former Gabonese, president Ali Bongo, are being tried in absentia on corruption charges. The trial opened on Monday before a special criminal court and will continue throughout the week. Sylvia Bongo Ondimba and Noureddin Bongo Valentin are among 13 people accused of having misused the resources of the Gabonese presidency for their own gain. Overall, the defendants face 12 charges including embezzlement of public funds, money laundering, active corruption and forging official documents. The former first lady and her son were arrested in August 2023, after the coup that…
The Senate’s first weekend session since the beginning of the shutdown yielded few signs of progress Saturday as Senate Majority Leader John Thune’s wish for a quick vote never materialized. The impasse that has lasted 39 days is taking an increasing toll on the country as federal workers go unpaid, airlines cancel flights and SNAP benefits have been delayed for millions of Americans. Saturday’s session got off to a rough start when President Donald Trump made clear he is unlikely to compromise any time soon with Democrats who are seeking a one-year extension of Affordable Care Act tax credits. He…
Millionaires are increasingly dissatisfied with their wealth managers and accountants, but they prize their personal trainers and therapists, according to a new survey. Only a third of millionaires use a wealth advisor for their financial planning and 1 in 5 plan to fire their advisor due to high costs and poor service, according to a new survey from Long Angle, the professional network for startup founders and CEOs. Among those who do use an advisor, 26% are considering switching and 18% may stop using an advisor altogether. By contrast, millionaires are highly satisfied with their personal trainers, therapists and other professionals who help with…
Private-sector job creation bounced back in October, according to a snapshot of the labor market that has become more closely watched in the absence of official federal jobs data. Payroll processing company ADP on Wednesday estimated that private-sector businesses added an estimated 42,000 jobs last month, a swing into positive territory after back-to-back months of job losses. While October marked a return to job growth, ADP’s chief economist cautioned that the pace of hiring is running far slower than earlier this year and far more concentrated in a few sectors. “That recovery is tepid, and it is not broad-based,” Nela Richardson,…
Thieves are stealing millions in cargo from American trucking companies every year, beleaguering an industry already reeling from a string of horrific highway crashes. A pair of highway truck crashes, caused by Indian nationals who entered the country unlawfully, sparked national outrage over trucking regulations and prompted the Trump administration to issue sweeping restrictions on commercial driver’s licenses (CDLs) for illegal migrants. Trucking experts point to a combination of mass illegal immigration and lax vetting procedures as the recipe that not only attracted unqualified migrant truckers, but also a significant uptick in freight thefts. “The unprecedented influx of unvetted foreign individuals into…
A recent poll by Rasmussen Reports found that 52% of U.S. voters believe that aides and other officials under former President Joe Biden should be criminally prosecuted for purportedly using the presidential autopen without his knowledge or approval. Rasmussen Reports published a poll on Monday that found that 52% of voters believe Biden’s staffers should face criminal prosecution after purportedly covering up his dwindling mental acuity while in office. However, 32% disagreed with the majority, and 17% said they were “unsure.” Additionally, 55% of voters said that it is likely Biden’s White House staff used the autopen to sign important documents without his…
Elon Musk turned off many potential buyers of his Tesla cars and sent sales plunging with his foray into politics. But the stock has soared anyway and now he wants the company to pay him more — a lot more. Shareholders gathering Thursday for Tesla’s annual meeting in Austin, Texas, will decide in a proxy vote whether to grant Musk, the company’s CEO and already the richest person in the world, enough stock to potentially make him history’s first trillionaire. t’s a vote that has sparked heated debate on both sides of the issue, even drawing the pope’s comments on…