Trump Threatens to Block Opening of New $4.7 Billion U.S.-Canada Bridge Source: Gordie Howe International Bridge In a major escalation of cross-border tensions, President Donald Trump has threatened to block the opening of the nearly completed Gordie Howe International Bridge. The $4.7 billion project, which connects Detroit, Michigan, and Windsor, Ontario, is a vital trade artery that has been nearly a decade in the making. In a characteristically blunt late-night post on Tr

Britney Spears Inks Landmark $200 Million Deal to Sell Music Catalog In a move that solidifies her legacy as the "Princess of Pop," Britney Spears has officially sold the rights to her extensive music catalog. According to legal documents obtained by TMZ, the pop icon reached an agreement with the prominent music publishing firm Primary Wave. While the exact financial terms of the deal remain undisclosed in the official filings, industry sources characterize it as a "landmark

The US housing market is showing signs of a "thaw" as mortgage affordability hit its highest level since 2022. Lowering yields on the 10-year Treasury and a steadying of home prices in several major metros have provided a rare window of opportunity for first-time buyers who were previously sidelined by high borrowing costs. The reprieve may be short-lived, however, as the market prepares for the shift to a Warsh-led Federal Reserve. Additionally, newly implemented tariffs are

In one of the largest corporate consolidations in history, Elon Musk’s SpaceX  has finalized its takeover of the AI startup xAI  in a deal valued at $250 billion . The merger aims to integrate advanced machine learning models directly into SpaceX’s Starlink satellite network and Mars exploration systems. Critics and regulators have raised eyebrows at the deal, citing the unprecedented concentration of power and potential conflicts of interest within Musk’s portfolio of compan

President Trump has officially nominated former Fed Governor Kevin Warsh  to succeed Jerome Powell as Chairman of the Federal Reserve when Powell’s term ends in May. The announcement has sent ripples through the fixed-income markets, as Warsh is widely viewed as a "hawk" who may prioritize shrinking the Fed's $6.6 trillion balance sheet . The nomination has introduced a new layer of friction in Washington. While the administration seeks lower mortgage rates to stimulate housi

The US technology sector is undergoing what experts call the "Great Realignment," with more than 80,000 jobs cut  in the first 40 days of 2026. Giants like Salesforce  and Block Inc.  are the latest to announce reductions, collectively shedding thousands of roles in marketing, middle management, and product development. Unlike the post-pandemic corrections of previous years, these cuts are explicitly tied to the automation of work. Salesforce CEO Marc Benioff noted that the r

The Dow Jones Industrial Average crossed the psychological 50,000 mark  for the first time today, fueled by a rotation into value stocks and a resilient, if complicated, economic outlook. Market analysts credit the surge to cooling inflation data and investor hope that the Federal Reserve will stick to its plan for interest rate cuts later this year. Despite the milestone, the rally remains uneven. While the "Magnificent 7" tech giants dominated 2024 and 2025, current leaders

Google’s parent company, Alphabet, has launched a massive debt sale aimed at raising approximately $15 billion  to expand its data centers and AI capabilities. The bond sale has already seen overwhelming demand, with orders reportedly exceeding $100 billion  as investors bet on the long-term dominance of "hyperscale" cloud providers. This move underscores the staggering capital requirements of the AI era; Alphabet’s capital expenditures are projected to reach as high as $185