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CBO chief warns it’s ‘probably not plausible’ that a strong economy alone can steady U.S. debt as 5%-6% growth is needed—more than Bessent’s 3% view

11 October 2026 No Comments

Congressional Budget Office Director Phillip Swagel said faster economic growth is unlikely to keep U.S. debt in check, even if GDP expands at more than double its current pace. Gross…

The National Park Service will remove more than 500 trees ‘that do not contribute to the historic landscape’ from a golf course Trump is redesigning

10 October 2026 No Comments

The National Park Service has begun a new round of tree-cutting at a historic golf course near the National Mall as the Trump administration proceeds with a plan to renovate…

Ship captains and crews transiting the Strait of Hormuz make so much danger pay that they’re ‘almost being viewed as mercenaries’

10 October 2026 No Comments

The high-risk, high-reward business of moving oil through the Strait of Hormuz has gotten riskier and more rewarding. Despite steady attacks from Iran, oil tankers and other commercial vessels have…

How U.S. know-how is fracking Australia into a gas boom, from Texas oilmen to Trump’s energy secretary

10 October 2026 No Comments

As the U.S. shale oil and gas revolution took off two decades ago, Australia took notice and wondered whether the boom could be replicated down under. In September, the effort…

Guitar Center is dropping its ban on playing ‘Stairway to Heaven.’ It’s part of the CEO’s big turnaround plan

10 October 2026 No Comments

Musicians often see an instrument as a physical extension of themselves and that sort of connection doesn’t always lend itself to the online shopping experience. “Selecting a musical instrument is…

‘Piece by piece’: Trump administration vows to dismantle the International Criminal Court with sweeping new sanctions

10 October 2026 No Comments

The Trump administration has imposed sweeping new sanctions on the International Criminal Court as part of its campaign to dismantle the tribunal over investigations into the United States and its…

‘I don’t know that that’s actually going to happen’: Vance doubts plan to livestream of execution of Fort Hood shooter after Pentagon’s announcement

10 October 2026 No Comments

Vice President JD Vance cast doubt Friday on whether the Pentagon will livestream the execution of Fort Hood shooter Nidal Malik Hasan in December but told reporters that if it…

‘Are we rich?’ The question billionaire and millionaire parents dread, and what happens when they dodge it

9 October 2026 No Comments

There’s a question wealthy parents dread, and it’s not coming from activists asking them about their tax returns. Jessica McGawley, a consultant who’s worked with high-net-worth families for nearly two…

‘You decided to evade them’: Former HSBC banker ‘clearly in a financial position to pay’ banned from finance for dodging $7,800 in fares

9 October 2026 No Comments

Britain’s financial regulator has banned a former HSBC banker from the industry over a train-fare fraud that cost a railway operator £5,911, or about $7,800. The Financial Conduct Authority (FCA)…

Gwynne Shotwell’s $300 million SpaceX pledge to Trump Accounts shows billionaires a tax-smart way to give away their own company’s stock

9 October 2026 No Comments

In a new type of philanthropy, billionaire SpaceX president Gwynne Shotwell has pledged to give more than 2 million American kids a piece of her company through Trump Accounts. Under…

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