Steve Mnuchin breaks out the checkbook
CNN
When Donald Trump was president I typed the name Steven Mnuchin so many times that I never had to question whether I was spelling it right.
After Donald Trump’s presidency ended, his Treasury secretary, Steven Mnuchin, did what many former Cabinet members do after they stop serving: take a vacation from the public spotlight. Typically, when they get bored of that and worry they’re no longer relevant, they start doing TV interviews, fireside chats, joining company boards and becoming adjunct professors. What they don’t tend to do is throw a $1 billion Hail Mary to a bank that’s the Wall Street version of the dog in the comic-turned-iconic “this is fine” meme (see here if you have no clue what I am referencing). And what they certainly don’t do just one week later is announce they’re interested in buying TikTok. But Mnuchin is having a moment. Again. Nine months after President Joe Biden was inaugurated and Mnuchin left the Treasury Building, Mnuchin formed a new private equity group, Liberty Strategic Capital. His firm bills itself as “focused on investing in dynamic global technology companies.”
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
Disney and Universal are suing AI photo generation company Midjourney, marking the first major legal showdown between Hollywood studios and an artificial intelligence company.
Commerce Secretary Howard Lutnick, back in Washington after two days helping to negotiate a US-China trade framework in London, said Wednesday that Trump gave his team permission to back off its aggressive stance against China to get a deal done.
White House AI czar David Sacks dismissed concerns about the potential impact of artificial intelligence on the job market on Tuesday following a dire warning from Anthropic CEO Dario Amodei that unemployment could climb as high as 20 percent in the next one to five years.
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
The vibrant burst of orange flavor emanating from a Blue Moon is so lip-smacking good that it’s being turned into a lip balm.
Cara Petersen, the Consumer Financial Protection Bureau’s acting enforcement director, resigned from the agency on Tuesday. In an email to colleagues announcing her decision, Petersen slammed the Trump administration’s efforts to dismantle the agency, which was established as a banking watchdog following the 2008 global financial crisis.
Elon Musk said Wednesday that he regrets some of his recent social media posts about President Donald Trump.
At long last, the United States has reached a trade agreement with China. Again.
Australia’s Qantas QAN.AX said on Wednesday it will close Jetstar Asia, the group’s Singapore-based budget airline, as it reels with rising supplier costs, higher airport fees and intensifying competition among low-cost carriers.
President Donald Trump’s heftiest tariffs cleared a court hurdle for now, after a federal appeals court ruled Tuesday that they could take effect while legal challenges play out.
The United States and China have agreed on a trade framework after two days of negotiations in London, China’s trade negotiator Li Chenggang told reporters on Wednesday, according to Chinese state broadcaster CGTN.
The network is parting ways with its veteran correspondent two days after he posted a missive on X calling the president and his deputy chief of staff “world-class haters.”
A former local news anchor in Shreveport, Louisiana, has sued a rival station for defamation, accusing it of engaging in “character assassination” after it ran a report he says portrayed him as a “child predator.”