• Tue, January 28, 2025

by: Fortune

Bill Gates accuses Elon Musk of 'insane sh*t' and 'populist stirring' in foreign countries

Microsoft co-founder Bill Gates said Tesla CEO Elon Musk is "super smart" but may be guilty of "overreaching" when it comes to politics.

by: Forbes

Can Trump Cancel Government Funds Through Impoundment? What To Know As He Pauses All Federal Assistance.

President Donald Trump's administration issued a memo Monday ordering all federal assistance to be temporarily paused, as Trump and his allies have argued he can block government funds that Congress has already authorized, despite a federal law forbidding it.

by: cnbctv18

Maharashtra sets up panel to explore phasing out petrol and diesel vehicles in Mumbai

The panel, headed by retired IAS officer Sudhir Kumar Shrivastava, will study and submit a report with its recommendations within three months, as per the government resolution (GR) dated January 22.

by: KPBS

Trump memo to halt federal funds triggers confusion and constitutional questions

by: bnnbloomberg

Federal government planning tariff relief for Canadians, businesses; will depend on scope of Trump tariffs: sources

The federal government is planning a stimulus package to help businesses and Canadians if U.S. President Donald Trump imposes tariffs on Canadian goods, but the scale of the relief will depend on the scope of the tariffs,

by: WFAE

What to know about executive orders as Trump takes office

What are executive orders — and how do presidents use them? Here's what to know about them and the scope of their power.

by: techxplore

$Trump and $Melania crypto tokens illustrate the risks posed by trendy meme coins

Meme coins like the ones recently launched by United States President Donald Trump and his wife, Melania, are a hot trend in the cryptocurrency ecosystem. The rise of these digital tokens reflects the influence of internet culture and community-driven hype on the market,

by: PBS

After running on a working-class message, Trump fills his government with billionaires

President Donald Trump's second White House is looking a lot like the inside of Mar-a-Lago, with extremely wealthy Americans taking key roles in his Republican administration.

by: kxlf

Trump administration orders pause on all federal grants and loans

The White House is taking drastic measures to control trillions of federal dollars by ordering a freeze on all federal grants and loans so the Trump administration can review government spending.

by: Time

Future of DeepSeek, Like TikTok, May Come Down to Trump's Whims

DeepSeek, the Chinese-owned ChatGPT rival, could pose the same national security concerns that Congress has about TikTok, Philip Elliott writes.

by: ABC

Trump 2nd term live updates: Federal financial aid freeze causes confusion, alarm

President Donald Trump has begun his second administration with a series of controversial moves and decisions.

by: Esquire

The Trump Administration Just Froze All Federal Grants and Loans

The employees worked on special counsel Jack Smith's investigation that led to now-dismissed indictments against Trump over his handling of classified documents and his efforts to overturn his 2020 election loss in the lead-up to the Jan.

by: Sky

'Europe's Silicon Valley' at heart of government's growth plans, Rachel Reeves to announce

The chancellor is looking to turn the economy's fortunes around after sluggish growth continued following Labour's election victory last year.

by: RealClearPolitics

Homan: Deportations Are Worth The Investment, One-Time Cost To Secure The Country And Make America Safe Again

Trump border czar Tom Homan provides an update on the administration's efforts to secure the border on 'Hannity.' HANNITY: I have bad news for the Trump haters on MSDNC, fake news CNN, all the legacy state-run media mob,

by: Reuters

White House pauses federal grant, loan other assistance programs

The Trump administration has temporarily paused grant, loan and other financial assistance programs at the Office of Management and Budget, prompting criticism from congressional Democrats.

by: PBS

WATCH LIVE: White House press secretary Karoline Leavitt holds first news briefing

The grant pause is perhaps most similar to a federal government shutdown, when a congressional impasse on spending legislation delays federal payments for some state and local services.

by: Forbes

Forbes Daily: DeepSeek's 'Wake-Up Call' And Nvidia's Historic Plunge

Tuesday's Forbes Daily covers Chinese AI DeepSeek's impact on stock market, Boeing's earnings woes, Trump's military orders, Super Bowl ticket and party prices, and more.

by: Reuters

Responding to Trump tariff threat, Taiwan says chip business is 'win-win'

Semiconductor business between Taiwan and the United States is a "win-win" model for both sides given the high level of complementarity, the government said on Tuesday in response to tariff threats from U.

by: MSN

Iowa's Chuck Grassley, ranking Democrat seek answers on inspectors general firings

Chuck Grassley of Iowa, Senate judiciary chair, and the committee's top Democrat seek answers from Trump on firings of inspectors general

by: MSN

Oregon AG says lawsuit coming to challenge Trump's order pausing federal funding

Gov. Tina Kotek urged Oregonians to keep using services such as Medicaid and Head Start as usual, and not delay care.

by: MSN

Federal judge temporarily blocks Trump's pause on federal aid spending

A federal district judge on Tuesday granted an administrative stay in a case challenging the Trump administration's planned freeze of federal aid, pausing the plan for a week and setting a hearing for further arguments next Monday morning.

by: MSN

Trump's funding freeze triggers worry, Democrats say it hits Medicaid program

President Donald Trump's order to pause all federal grants and loans sowed widespread confusion on Tuesday over its impact on far-reaching programs such as Medicaid, sending nonprofits and government agencies scrambling to understand its scope and prompting immediate legal challenges.

by: MSN

Oregon officials explore legal action to challenge Trump's order pausing federal funding

Oregon Attorney General Dan Rayfield said he was "deeply concerned" by the pause and "will explore any and all legal actions to challenge this harmful order from President Trump."

by: MSN

These Student Loans Should Not Be Affected By Trump's Temporary Loans And Grants Pause

KEY TAKEAWAYS The White House sent a memo to all government agencies that ordered a pause on federal grants, loans, and other financial assistance programs starting Tuesday at 5 p.m.The Department of Education said that federal student loans and grants that are "received directly by individuals" will not be affected by the White House's temporary

by: MSN

Democratic state AGs to sue over Trump's freeze on grants, loans

A group of Democratic state attorneys general said they plan to ask a court on Tuesday to block the Trump administration's sweeping directive to temporarily freeze federal loans, grants and other financial assistance.

by: MSN

'Creating chaos': Trump's federal funding freeze puts programs assisting kids, seniors, and veterans in jeopardy

A White House memo ordered a temporary federal funding freeze, exempting Social Security and Medicare. Here are some programs that seem to be at risk.

by: MSN

Jon Stewart's Bold Commentary on American Politics Ruffles Feathers

Jon Stewart made a heated argument during last night's episode of The Daily Show regarding Donald Trump's most recent orders. In case you missed it, this past weekend, an overnight decision was made by the president to fire at least a dozen federal inspectors general during the first week of his second term.

by: MSN

Here's a closer look at Trump's cabinet, and who actually had some sort of experience in politics prior to their nomination.

Here's a closer look at Trump's cabinet, and who actually had some sort of experience in politics prior to their nomination. View Entire Post ›

by: MSN

Firings, freezes and layoffs: A look at Trump's moves against federal employees and programs

Changeover among federal government agencies is normal when a new administration comes to Washington. But President Donald Trump has implemented sweeping changes in the first days of his second administration,

by: MSN

Florida representative wants to put Trump's face on Mount Rushmore

Florida Rep. Anna Paulina Luna announced on Tuesday that she has introduced legislation to add President Donald Trump's face to Mount Rushmore.

by: MSN

The JFK files: Here's what's happened since their original planned release

With the expected release of the remaining JFK assassination files following President Donald Trump's executive order, here is a look back on the documents' original declassification timeline.

by: MSN

Federal Government Workers React to Trump's RTO mandate

Donald Trump's executive order mandates federal employees return to the office for work, sparking frustration for some workers.

by: MSN

"Not politics, criminal...": Congress' Sandeep Dikshit amid row over Kejriwal's "poisoned water" remark

Days ahead of the assembly elections in Delhi, Congress leader Sandeep Dikshit on Tuesday jumped into the ongoing controversy over allegations of the Haryana government "poisoning" Yamuna water and said that this was not politics,

by: MSN

Trump's spending pause creates chaos in Colorado

The Trump administration halted federal grants and financial assistance programs Tuesday, sparking widespread confusion and throwing Colorado budgets into chaos. State of play: The extent of the impact is hard to underestimate,

by: MSN

What the Trump administration's surprise federal funding freeze means for Minnesota

Minnesota state officials were scrambling Tuesday to assess a potentially wide-ranging pause on federal grants and loans issued by the Trump administration. The funding freeze could affect the billions of dollars Minnesota gets each year from the federal government while agencies do an overview of whether taxpayer resources are being used to "advance Marxist equity,

by: MSN

Trump freezes federal aid to Americans, triggering fury

President Donald Trump ordered a freeze starting Tuesday on potentially trillions of dollars in federal funding to Americans, impacting everything from education grants to small businesses loans -- and sparking accusations that he is violating the constitution.

by: MSN

How the 'nicest' House member plans to help pass Trump's agenda

The president's domestic policy victories could hinge on whether the new chair of the Energy and Commerce Committee can rally members behind hard decisions about spending cuts to popular programs.

by: MSN

Italian Premier Giorgia Meloni says she is being investigated for repatriating Libyan warlord

Meloni said her justice and interior ministers and an under-secretary are also targeted in the investigation. View on euronews

by: MSN

Trump's federal grant pause is the fulfillment of a longtime campaign promise

Donald Trump promised to do everything he could to challenge a Nixon-era impoundment law. The OMB's grant freeze is likely just the first step.

by: MSN

The White House has temporarily frozen all federal grants and loans, affecting billions of dollars in payments

It called for all federal agencies to ensure that their grants and programs aligned with the new Trump administration's priorities.

by: MSN

Illinois quick hits: Chicago's sanctuary policies under scrutiny by Congress

Chicago's sanctuary policies under scrutiny by Congress The U.S. House Oversight and Government Reform Committee has launched an investigation into sanctuary jurisdictions and the impact of their policies on public safety and federal immigration enforcement.

by: MSN

List: The executive orders, actions, and proclamations Trump has made as president

by: MSN

Trump Can't Escape the Laws of Political Gravity

By and large, however, Newtonian physics and traditional biology still apply, and that is worth remembering as we watch the Trump administration's circus of transgression, vindictiveness, and sometimes mere folly.

by: MSN

Trump has issued a freeze on grants and loans. Here's what it means for your bottom line

Trump has issued a freeze on grants and loans. Here's what it means for your bottom line - 'Financial assistance for foreign aid, nongovernmental organizations, DEI, woke gender ideology, and the Green New Deal' will be paused,

by: MSN

Trump administration directs widespread pause of federal loans and grants

The Trump administration late Monday directed federal agencies to pause the disbursement of loans and grants while the government conducts a review to ensure spending aligns with President Trump's agenda.

by: MSN

US-Kenya STIP: William Ruto calls Donald Trump's Secretary of State over 3-year long trade agreement

William Ruto revealed the details of his call with the US Secretary of State Marco Rubio, key among them the US-Kenya Strategic Trade and Investment Partnership.

by: MSN

Palestinians leave southern Gaza to return to the north amid cease-fire between Israel and Hamas

The Islamist group Hamas confirmed Monday the entry of displaced Palestinians into northern Gaza and celebrated their return to the area, one of the hardest hit by the Israeli offensive, as a victory and a "declaration of the failure and defeat of the (Israeli) occupation and its displacement plans".

by: MSN

Letitia James Calls Out Trump's Funding Move: 'Reckless and Dangerous'

The New York attorney general commented after the White House budget office ordered a temporary pause on federal grants and loans.

Forbes Daily: DeepSeek's 'Wake-Up Call' And Nvidia's Historic Plunge

Tuesday's Forbes Daily covers Chinese AI DeepSeek's impact on stock market, Boeing's earnings woes, Trump's military orders, Super Bowl ticket and party prices, and more.
The article from Forbes, published on January 28, 2025, discusses several key events in the tech and finance sectors. It highlights DeepSeek's AI model, which has shown remarkable capabilities in understanding and generating human-like text, potentially signaling a new era in AI development. Additionally, the article covers NVIDIA's significant stock plunge, marking a historic downturn for the company, attributed to concerns over market saturation and competition in the GPU market. The piece also touches on broader market reactions, regulatory scrutiny over AI technologies, and the implications for investors and tech enthusiasts alike, painting a picture of a rapidly evolving tech landscape with both opportunities and challenges.

Read the Full Forbes Article at:
https://www.forbes.com/sites/daniellechemtob/2025/01/28/forbes-daily-deepseeks-wake-up-call-and-nvidias-historic-plunge/

Like: 👍