FCC ends affordable internet program due to lack of funds
CNN
The Affordable Connectivity Program, which helped low-income Americans get online, is no more.
The Affordable Connectivity Program, which helped low-income Americans get online, is no more. On Friday, the US government announced the final closure of the broadly popular federal program, which has helped tens of millions of households afford internet service, after Republicans in Congress ignored calls by consumer advocates and Democratic lawmakers to approve more funding this spring. The program’s lapse threatens to throw nearly 60 million Americans into financial distress, CNN has reported. The program officially ends on June 1, said the Federal Communications Commission, which administered the Affordable Connectivity Program (ACP) to approximately 1 in 5 households across the country and on tribal reservations. The 2.5-year-old ACP provided eligible low-income Americans with a monthly credit off their internet bills, worth up to $30 per month and as much as $75 per month for households on tribal lands. The pandemic-era program was a hit with members of both political parties and served tens of millions of seniors, veterans and rural and urban Americans alike. Program participants received only partial benefits in May ahead of the ACP’s expected collapse.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
The Trump administration on Wednesday unveiled its AI action plan, a package of initiatives and policy recommendations meant to cement the United States as a global leader in a technology that’s expected to be as influential as the internet itself.
Back-to-school shopping is already under way. And this year’s essential: avoiding tariffs.
Tucked in the Trump administration’s sweeping AI action plan announced Wednesday is a recommendation that tech companies with federal contracts ensure their models don’t include “ideological bias.” Such a rule would likely have a wide impact considering many large tech companies either work with or are pursuing work with the government work; Google, OpenAI, Anthropic and xAI were each awarded $200 million to work with the Department of Defense earlier this month.
“It’s ultimately up to the president to decide.”
The meme stock renaissance is already fizzling
Skydance needs FCC approval in order to take over Paramount. It’s now promising to root out “bias” at CBS News in order to get it.
The pay gap between America’s corporate leaders and their workers grew even larger in 2024, according to the AFL-CIO’s annual Executive Paywatch report, released Wednesday.
President Donald Trump has pulled off an impressive feat: He is raising tariffs on some of America’s most important trading partners, and the world is largely cheering the agreements as victories.
Tom Hayes, the first trader ever jailed for interest rate rigging, had his conviction overturned by Britain’s top court Wednesday after a years-long fight to clear his name.
Six months into President Donald Trump’s second term, a quick glance at the stock market might offer a reassuring picture: The S&P 500 just closed above 6,300 points for the first time ever and has notched eight record highs in the past month.
President Donald Trump announced a long-awaited trade agreement with Japan on Tuesday night, a framework between allies and major trading partners that appeared elusive just weeks ago.
President Donald Trump said Tuesday he and President Ferdinand Marcos Jr. of the Philippines have reached a trade agreement. Shortly after, he also revealed more detailed terms of an agreement with Indonesia.
An Atlanta-based banker working for Wells Fargo has been prevented from leaving China, the latest incident that threatens to amplify concerns among Western executives about the potential consequences of visiting the world’s second-biggest economy.