Trump adds at least $620M to net worth thanks to crypto: report Breaking News

U.S. private payrolls fell for the first time in more than two years in June as economic uncertainty hampered hiring, but low layoffs continued to anchor the labor market. Private payrolls dropped by 33,000 jobs last month, the first decline since March 2023, after a downwardly revised increase of 29,000 in May, the ADP National Employment Report showed on Wednesday. Read More…

China is fast encroaching on the US’ lead in the artificial intelligence race – raising concerns that Beijing could use the tech for strategic military advancements and the spread of disinformation, according to a report. Multinational banks, public universities and tech firms across Europe, the Middle East, Africa and Asia have started to pivot to Read More…

Meta on Wednesday pushed back on reports that the Mark Zuckerberg-led company has offered as much as $300 million to poach talent from OpenAI in the battle for artificial intelligence supremacy. Zuckerberg allegedly extended the highly lucrative offers to at least 10 staffers at OpenAI who were given the option of taking equity in Meta Read More…

MSNBC and CNN suffered staggering losses in viewership over the past year — while Donald Trump’s ascendancy supercharged Fox News in the cable news ratings war. The left-leaning networks — which will both be spun off by their respective parent companies — suffered year-over-year declines in all major metrics for the second quarter compared to Read More…

A Trump official denied a report that Meta boss Mark Zuckerberg was kicked out of the Oval Office after crashing a meeting about the futuristic F-47 stealth fighter jet. The report that Zuckerberg was “asked to leave” the president’s office during a White House visit last winter surfaced Wednesday in a lengthy NBC News report Read More…

The home state of Hollywood A-listers like Meryl Streep, Jack Nicholson and Michael B. Jordan, New Jersey is staying true to its star-studded roots, becoming one of the nation’s most sought-after film destinations in recent years. Adam Sandler, Timothée Chalamet, Lady Gaga and Joaquin Phoenix have all embraced the Garden State as a film hub, since Gov. Read More…

The boss of Fannie Mae and Freddie Mac on Wednesday claimed Federal Reserve Chair Jerome Powell could lose his job over his allegedly “deceptive” testimony to Congress over the central bank’s lavish $2.5 billion revamp of its DC headquarters. Federal Housing Finance Agency Director William Pulte, who is also chairman of the two US-backed mortgage Read More…

Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy proceedings in the US on Tuesday under an agreement with certain key lenders, the company said in a statement. The company has secured $912.5 million in financing to support itself through the proceedings, it said, adding that it intends to Read More…