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‎What could have been handled behind closed doors instead ended in a devastating military strike. ‎ ‎For months, the United States and Israel closely followed Iranian Supreme Leader Ali Khamenei, ultimately identifying a rare opportunity: a major gathering of Islamic Republic security officials at his compound in Tehran. ‎ ‎US and Israeli forces launched a surprise daylight strike in Tehran, killing Ayatollah Ali Khamenei and dozens of senior Iranian officials. ‎Getty Images ‎ ‎On Saturday morning, Israeli fighter jets carried out broad daylight airstrikes, reducing parts of the compound to rubble. The operation resulted in the death of Khamenei, dozens of senior officials, and three members of his family. ‎ ‎According to a report by The New York Times, citing anonymous sources, the CIA had spent considerable time studying the 86-year-old leader’s movements and habits. Newly acquired intelligence revealed details of the high-level meeting in central Tehran. Officials descri...

‎President Donald Trump declared that U.S. military operations against Iran will proceed without pause for as long as required to secure peace across the Middle East and beyond, following confirmation that Supreme Leader Ali Khamenei has died. ‎ ‎The president had already outlined sweeping objectives for the campaign, including dismantling Iran’s nuclear infrastructure, ballistic missile systems, and broader military capabilities. Earlier Saturday, he urged Iranians to remove their government once aerial assaults subside, describing regime change as a potential outcome. ‎ ‎Trump confirms Khamenei’s death and vows uninterrupted U.S. bombing of Iran until peace is achieved, signaling broader goals beyond regime change. ‎Iranian Leader Press Office/Anadolu via Getty Images ‎Later that afternoon, Trump intensified his rhetoric in a social media statement, emphasizing that the bombardment would not be limited in duration. ‎ ‎“Bombing to continue throughout the week — The heavy a...

‎Iran’s leadership is confronting what analysts describe as an existential moment following U.S.-Israeli airstrikes, with President Donald Trump openly calling for regime change. Security experts say Tehran may respond in ways that significantly expand the conflict. ‎ ‎Iran faces an existential threat after U.S.-Israeli airstrikes. Former NATO commander warns Tehran could escalate by closing the Strait of Hormuz. ‎Jack Guez/AFP via Getty Images ‎While the Islamic Republic has retaliated with missiles and drones, the pace remains below the barrage seen in June 2025, when the United States joined Israel in a 12-day campaign targeting Iranian nuclear facilities. ‎ ‎Retired Admiral James Stavridis, the former NATO supreme allied commander, outlined two potential paths in remarks to CNN. Iran could maintain its current level of missile launches and consolidate internally. Alternatively, if its leaders conclude they are cornered, they could dramatically escalate. ‎ ‎According to ...

‎Multiple FBI agents and analysts who worked on the investigation into President Donald Trump’s retention of classified documents after leaving office were dismissed Wednesday, sources told CBS News. At least 10 employees were affected. ‎ Multiple FBI employees involved in the Trump Mar-a-Lago documents investigation were fired as disputes grow over subpoenas and oversight claims. ‎Tom Williams—CQ–Roll Call Inc./Getty Images ‎ ‎The individuals were connected to the classified records inquiry led by former Special Counsel Jack Smith. That probe examined Trump’s possession of sensitive materials following his departure from the White House in 2021, as well as alleged obstruction of Justice Department efforts to recover them. ‎ ‎The dismissals occurred after Reuters reported that the FBI had subpoenaed phone records belonging to FBI Director Kash Patel and White House Chief of Staff Susie Wiles during the investigation. At the time the records were sought, both were private ci...

‎Hours before President Donald Trump delivers his State of the Union address, the Committee for a Responsible Federal Budget (CRFB) delivered a sharp critique of his administration’s economic policies. The watchdog warned that the nation faces unprecedented debt levels, contradicting the fiscal achievements Trump is expected to highlight. ‎ ‎Budget watchdog warns U.S. debt at record highs before Trump’s State of the Union, citing tariffs, tax cuts, and unsustainable spending as key drivers. ‎Win McNamee/Getty Images ‎ ‎Maya MacGuineas, CRFB president, stressed that Americans are entering 2026 “more indebted than ever outside a war or emergency.” Her statement follows heightened tensions between the watchdog and Treasury Secretary Scott Bessent, which erupted after the Supreme Court struck down Trump’s emergency tariffs implemented under the International Emergency Economic Powers Act (IEEPA). ‎ ‎The CRFB projected that the loss of these tariffs could slash $2 trillion in fe...

‎In advance of his February 2026 State of the Union address, President Trump appears poised to amplify his trade agenda once again. Known for calling himself “Tariff Man,” he continues to champion duties on imports as a defining feature of his presidency—despite overwhelming skepticism from economists across the political spectrum. ‎ Ahead of the 2026 State of the Union, Trump escalates tariffs after a court defeat. Economists say U.S. trade deficits are domestically driven, not foreign abuse. ‎Jabin Botsford/The Washington Post via Getty Images ‎His latest escalation follows a Supreme Court ruling that struck down a central element of his trade policy by a 6–3 vote. Reacting swiftly, Trump criticized the justices as “disloyal,” introduced a 10% tariff applied globally, and raised it to 15% within days via social media posts. He has also promised to impose what he termed “absolutely ‘terrible’ things” on foreign governments. ‎ ‎Trump insists that while one approach was reje...

‎For years, landing a role in Big Tech as a software engineer meant long-term security and lucrative starting pay. That certainty is now being questioned. According to Boris Cherny, the developer behind the AI system Claude Code, the traditional software engineer title may vanish before the end of this year. ‎ ‎Cherny shared his outlook during an episode of Lenny’s Podcast, hosted by Lenny Rachitsky. He predicted a shift in how work is structured in tech teams. In his view, “software engineer” will gradually be replaced by “builder,” with coding becoming a universal skill rather than a specialized title. He cautioned that the transition will be difficult for many professionals. ‎ ‎Boris Cherny says AI tool Claude Code may eliminate the software engineer title by year-end, reshaping tech jobs and expanding AI across industries. ‎Samyukta Lakshmi/Bloomberg via Getty Images ‎ ‎How Claude Code Is Changing Engineering ‎ ‎Released a year ago, Claude Code quickly gained traction a...

‎The Supreme Court of the United States has ruled that President Donald Trump could not rely on the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs on trading partners, casting uncertainty over roughly $175 billion collected under the policy. ‎ ‎While few families were counting on a rebate check tied to tariff collections, the prospect now appears even more remote. With economists estimating that up to $175 billion is tied up in litigation over potential refunds, Treasury Secretary Scott Bessent indicated the funds may never make their way back to consumers. ‎ ‎Supreme Court halts IEEPA tariffs as Scott Bessent signals $175B in disputed revenue may never reach Americans amid ongoing legal battles. ‎Richard Rodriguez/Getty Images ‎ ‎Legal Dispute Over Tariff Revenue ‎ ‎The ruling determined that the White House’s use of IEEPA authority to introduce global tariffs was unlawful. Tariffs were first applied to China in February 2025, followed by Ca...

‎The late 19th century’s Gilded Age became a symbol of immense corporate dominance. Industrial titans such as Cornelius Vanderbilt wielded extraordinary authority—so much so that on November 18, 1883, railroad companies in the United States and Canada introduced four standardized time zones across North America. The shift, remembered as “the Day of Two Noons,” caused clocks in many towns to strike midday twice. ‎ ‎Anthropic CEO Dario Amodei voices unease over the rapid, accidental concentration of AI power, warning of economic upheaval and trillion-dollar fortunes. ‎Prakash Singh/Bloomberg/Getty Images ‎ ‎A similar concentration of influence is now unfolding in artificial intelligence. Even insiders shaping this transformation are expressing unease. Dario Amodei, chief executive of Anthropic, says the speed and manner in which authority has gathered in the AI sector troubles him deeply. ‎ ‎Speaking on the WTF Is with host Nikhil Kamath, Amodei suggested that luck played a s...

‎A newly revised report from the Congressional Budget Office reveals that Medicare’s Hospital Insurance trust fund has lost 12 years of projected financial stability in under a year. The fund that supports Medicare Part A is now expected to be depleted by 2040. ‎ ‎Although balances are projected to rise through 2031, expenditures are forecast to exceed income beginning the following year. That imbalance sets the stage for complete exhaustion within less than two decades. ‎ ‎CBO report shows Medicare Part A trust fund will run out by 2040 after policy changes cut 12 years of solvency, raising risk of benefit reductions. ‎Anna Moneymaker/Getty Images ‎This marks a sharp reversal from the estimate issued in March 2025. The shortened timeline significantly advances the date when retirees could face cuts to essential health services. As required under the Deficit Control Act, CBO Director Phillip Swagel stated that projections assume benefits would continue as scheduled even aft...

‎On what he called Liberation Day, President Trump presented a reciprocal tariff chart that many economists viewed as misguided. Relying on that chart and invoking the International Emergency Economic Powers Act of 1977, he imposed reciprocal tariffs on most countries worldwide. ‎ ‎An in-depth look at Trump’s tariffs, the Supreme Court ruling, trade deficits, job losses, and why economists argue the policy failed to boost growth. ‎Saul Loeb/AFP via Getty Images ‎The IEEPA permits presidential action only when confronting an “unusual and extraordinary” foreign threat to national security. The central question, therefore, is whether the U.S. trade deficit constitutes such a danger. The United States has recorded a trade deficit every year for the past half century, and none of those deficits has threatened national security. They have become a standard feature of the economic landscape. ‎ ‎President Trump has repeatedly described trade deficits as harmful. Yet deficits are no...

‎More than five decades after the United States launched its War on Drugs, illicit substances remain widespread and cartel violence continues to destabilize Mexico. Despite investing over $1 trillion since 1971, narcotics trafficking networks remain resilient, and drug consumption has expanded both domestically and worldwide. ‎ ‎After $1 trillion spent on the War on Drugs, cartel violence and drug use persist. El Mencho’s death underscores ongoing U.S.-Mexico narcotics challenges. ‎Daniel Cardenas/Anadolu/Getty Images ‎ ‎The campaign began when Richard Nixon labeled drugs “public enemy No. 1.” At the time, annual federal counter-drug funding totaled about $100 million. By contrast, in the final year of Joe Biden’s presidency, the requested drug control budget for fiscal year 2025 reached $44.5 billion. Over time, spending has encompassed DEA operations, border monitoring, public awareness programs, and foreign assistance across Latin America. ‎ ‎Yet one major benchmark has ...

‎A wave of violence swept across western Mexico on Sunday after the head of the Jalisco New Generation Cartel was killed during a military operation, triggering chaos in one of the country’s most popular resort destinations. ‎ ‎Authorities confirmed that Nemesio “El Mencho” Oseguera Cervantes, leader of the powerful CJNG criminal organization, died during a raid in Tapalpa, Jalisco. In the aftermath, cartel members launched coordinated attacks, setting vehicles ablaze and blocking highways to obstruct federal forces. ‎ — ‎Puerto Vallarta erupts in violence after El Mencho is killed in a military raid. Tourists shelter indoors as cartels torch vehicles and airports heighten security. ‎AFP via Getty Images  ‎In Puerto Vallarta, the nation’s fourth-largest tourism hub, visitors were urged to remain inside. The US State Department advised Americans in the region to shelter in place, and some reported being unable to leave. ‎ ‎“It looked like the whole city was on fire,” sai...

‎Mexico’s military confirmed Sunday that it killed Nemesio Rubén Oseguera Cervantes, widely known as “El Mencho,” during an operation in Jalisco. His death dismantles the leadership of the Jalisco New Generation Cartel (CJNG), regarded as the country’s most dominant criminal organization, and marks the most significant result yet presented to the administration of Donald Trump in efforts against drug trafficking. ‎ ‎Mexican forces killed CJNG leader El Mencho in Jalisco, triggering violence, US alerts, and a major blow to Mexico’s most powerful cartel. ‎Anadolu via Getty Images ‎According to Mexico’s Defense Department, troops launched an operation to detain Oseguera Cervantes in Tapalpa, Jalisco, about two hours southwest of Guadalajara. He was wounded during the action and died while being transported by air to Mexico City. Jalisco has long served as the operational base of the cartel, which traffics large amounts of fentanyl and other narcotics into the United States. ‎ ...

‎President Donald Trump reacted angrily after the Supreme Court of the United States ruled Friday that he did not have the authority to declare an economic emergency in order to impose broad new tariffs on imports. ‎ ‎The 6-3 decision delivered an uncommon setback to Trump, who had built much of his economic message around tariffs ahead of the midterm elections. He frequently called tariffs his “favorite word in the dictionary,” arguing they would bring factories and jobs back from overseas. He also warned that eliminating the import taxes could push the United States toward a severe recession. ‎ ‎The Supreme Court rules 6-3 that Trump lacked authority to impose sweeping tariffs, prompting sharp criticism and renewed debate over trade policy. ‎Evan Vucci/AP ‎The ruling is expected to extend political and economic uncertainty surrounding international trade during the election year. ‎ ‎Trump labeled the decision “deeply disappointing” and “ridiculous,” saying he was “absolut...

‎If personal finance feels overwhelming, Vivian Tu is determined to make it less intimidating. ‎ ‎Widely recognized by her online persona “Your Rich BFF,” Tu creates engaging and easy-to-understand videos about managing money. Her content ranges from salary negotiation strategies to actionable advice for tackling credit card balances. Calling herself “your favorite Wall Street girly,” she has built a social media audience of 10 million followers and authored two books focused on personal finance. ‎ ‎Discover how Vivian Tu, former JPMorgan trader and creator of “Your Rich BFF,” built a personal finance empire and why she believes couples should discuss money from day one. ‎Bonnie Biess/Getty Images for TechFutures ‎ ‎Raised in Baltimore as the daughter of Chinese immigrants, Tu often links her financial mindset to her upbringing. Her parents instilled frugality and a respect for money early in her life. However, it wasn’t until several years into her corporate journey that s...

‎An “alternative scenario” pointing to a far more severe national debt emergency is emerging after the Supreme Court of the United States invalidated former President Donald Trump’s tariff measures. ‎ ‎On Friday, the high court determined that the sweeping tariffs imposed during Trump’s first year back in office were unlawful. The ruling followed mounting opposition from small businesses burdened by rising expenses and from many Americans who questioned the overall benefits of the administration’s trade strategy. While the decision dismantles a central element of Trump’s trade policy, it could also intensify the country’s already expanding budget deficit. ‎ The U.S. Supreme Court has ruled Donald Trump’s tariffs illegal, potentially worsening the national deficit. Experts warn the loss of tariff revenue could push federal debt to 131% of GDP by 2036. ‎Saul Loeb/AFP/Getty Images ‎ ‎America’s fiscal trajectory is widely regarded as unsustainable. Earlier this month, the Congr...

‎The trade strategy championed by the administration of Donald Trump was built around one core objective: narrowing America’s trade deficit. However, recent figures suggest that the approach is not producing the intended outcome. ‎ ‎President Trump has repeatedly expressed alarm over the size of the U.S. trade gap, citing both economic vulnerabilities and national security threats. Acting on these concerns, he introduced a broad tariff framework that heightened geopolitical strains worldwide. ‎ ‎Latest Bureau of Economic Analysis data shows the U.S. trade deficit widening in December despite President Donald Trump’s tariff push, raising questions about the effectiveness of his trade strategy. ‎Andrew Caballero-Reynolds/AFP/Getty Images ‎ Yet the numbers show little evidence of a meaningful correction in the imbalance between imports and exports. ‎ ‎According to newly released data from the Bureau of Economic Analysis (BEA), the U.S. goods and services trade deficit climbed ...

‎On the brink of Mayor Zohran Mamdani’s initial preliminary budget presentation, Gov. Kathy Hochul effectively provided the city with a $1.5 billion financial boost funded by state taxpayers. ‎ ‎Yet by Tuesday, gratitude quickly shifted into political friction. While acknowledging the additional state support, Zohran Mamdani signaled looming challenges that could complicate Hochul’s political landscape. ‎ ‎Gov. Kathy Hochul delivers $1.5 billion in state aid ahead of Mayor Zohran Mamdani’s first preliminary budget, but a $5.4 billion deficit sparks proposals for tax hikes, political tension, and a looming state budget clash. ‎Stephen Yang/NY Post ‎ ‎Even with the newly pledged funds, Mamdani revealed that New York City confronts what he described as a “historic” $5.4 billion shortfall. According to the mayor, only two possible solutions exist. ‎ ‎The first option would require the state to grant the city authority to increase income taxes on the ultra-wealthy and highly pro...