Microsoft co-founder Bill Gates went to the White House on Tuesday for a meeting with the president, according to a Gates spokesperson. In a statement obtained by Fox News Digital, the spokesperson noted, ‘Bill met with the president to discuss the importance of U.S. global health programs and health research that is necessary to save lives, protect Americans’ health, and ...
Lawyers for the Trump administration filed an emergency appeal to the Supreme Court on Tuesday night asking the justices to halt a lower court injunction and allow it to freeze billions in foreign aid spending previously allocated by Congress — kicking the issue of USAID funding back to the high court for the second time in roughly six months. At ...
Romina Boccia, Dominik Lett, and Ivane Nachkebia As we close out our third year, we’re once again taking stock of what our team has been working on—and the impact we’re making (see our first and second year recaps, here and here). As the debt outlook has darkened—Congress increased deficits yet further, gimmicks remain prevalent in fiscal policymaking, and all three ...
David Inserra President Trump took to Truth Social to “put all Countries with Digital Taxes, Legislation, Rules, or Regulations, on notice that unless these discriminatory actions are removed, I, as President of the United States, will impose substantial additional Tariffs on that Country’s Exports to the U.S.A., and institute Export restrictions on our Highly Protected Technology and Chips. America, and ...
White House special envoy Steve Witkoff said he is pushing for all hostages held in the Gaza Strip to be returned this week, though negotiations with Hamas still appear to be at an impasse. ‘We adamantly want, and I’m following the president’s direction here when I say this, all of those hostages home this week,’ Witkoff told Fox News’ Bret ...
Jeffrey Miron A widely endorsed view of markets holds that “capitalism without bankruptcy is like religion without hell.” Thus, as new research notes, [B]arriers to firms exiting the market, such as the costs of bankruptcy, laying off workers, and selling or repurposing assets, can stifle firm creation and weaken an economy. The authors then note that … exit costs in India ...
Matthew Cavedon By all appearances, the death penalty is highly unpopular in the District of Columbia. The last person the city executed was Robert Carter in 1957—his jury actually recommended that he get life, but the death penalty was mandated by statute. In 1981, the city council formally abolished the death penalty. When Congress put the issue to a local ...
Tom Hartley Jnr has announced the successful sale of the extraordinary Mansour Ojjeh McLaren collection, one of the most significant supercar ensembles ever assembled. The collection of 20 McLarens, curated by the late Mansour Ojjeh – the influential shareholder and driving force behind McLaren’s success on and off the track – is considered unrepeatable. Each car represents the final chassis ...
The Trump administration has confirmed that it is reviewing the records of more than 55 million US visa holders in what amounts to one of the most extensive immigration crackdowns in modern American history. In a move first reported by the Associated Press, the State Department said that every foreign national currently holding a valid US visa will be subject ...
HMRC’s use of artificial intelligence to profile people’s social media activity will increase tax compliance, according to leading audit, tax and business advisory firm Blick Rothenberg. Fiona Fernie, a partner at the firm, said that HMRC’s CONNECT system has been deploying advanced analytics since the early 2000s to spot underpaid tax. “CONNECT uses (and has always used) advanced analytics such ...