Biden senior advisor Anita Dunn has to divest investment portfolio to avoid conflict

White House senior advisor Anita Dunn is being forced to divest an investment portfolio worth an estimated $16.8 million to $48.2 million that ethics attorneys say poses significant conflicts of interest in her new role. The political and communication’s strategist will also have to recuse herself from a myriad of domestic and international issues that … Read more

Amazon’s PR and policy chief Jay Carney leaves to join Airbnb

Senior Vice-President of Worldwide Corporate Affairs at Amazon James Carney speaks with EU officials on February 1, 2018 in Brussels, Belgium. Thierry Monasse | Corbis News | Getty Images Airbnb has tapped Jay Carney, Amazon’s top spokesperson, to serve as its new head of policy and communications. Carney will start at Airbnb in September, and … Read more

How soaring inflation may deliver a higher tax bill for retirees

Daniel Grill | Getty Images Why inflation could lead to surprise tax bills Each fall, the IRS makes inflation adjustments for the coming year on a range of tax provisions. The IRS boosted federal income tax brackets for 2022 and adjusted many other provisions, including standard deductions, 401 (k) plan limits and more. But other … Read more

Biden’s economic approval rating falls to new low on fear about inflation, CNBC survey finds

US President Joe Biden addresses his hosts upon his arrival in Israel at Ben Gurion Airport in Lod near Tel Aviv, on July 13, 2022. Mandel Ngan | AFP | Getty Images President Joe Biden’s overall and economic approval numbers have reached the lowest levels of his presidency and fallen further than that of either … Read more

Trump takes credit for Supreme Court abortion ruling

President Donald Trump speaks during the 47th annual “March for Life” in Washington, DC, on January 24, 2020. Nicholas Kamm | AFP | Getty Images Former President Donald Trump called Friday’s Supreme Court decision overturning Roe v. Wade “the biggest WIN for LIFE in a generation” – and gave himself credit for the outcome in … Read more

Obama opposed U.S. gas tax holiday, but Biden now wants one

US President Joe Biden stands with former President Barack Obama during an event on the Affordable Care Act, the former president’s top legislative accomplishment, in the East Room at the White House in Washington, US, April 5, 2022. Leah Millis | Reuters Former President Barack Obama called opposing a federal gas tax holiday “one of … Read more

Trump will speak at NRA event in Houston days after Texas school massacre

Former President Donald Trump and other prominent Republicans still plan to speak at the National Rifle Association’s annual meeting in Texas on Friday, days after a gunman killed 19 children and two adults at an elementary school in the state. Trump wrote on social media Wednesday that he will keep his “longtime commitment to speak … Read more

US, Japan and South Korea focus on semiconductors as Biden visits Asia

TOKYO – As US President Joe Biden visits Japan and South Korea, the three countries are looking for common ground on the world stage. One place they’re finding it is semiconductors. A first stop for Biden on his first swing through Asia as president was a Samsung factory in South Korea. “These little chips, only … Read more

Tesla boss Elon Musk blasts Biden, Democrats on Twitter

Tesla CEO Elon Musk on Friday blasted the Biden administration and Democrats on Twitter, as the world’s richest man doubled down on his vow to vote for Republicans. Musk in a tweet accused the Biden administration of doing “everything it can to sideline” and ignoring Tesla, despite its dominance in the electric vehicle industry. Musk, … Read more

Elon Musk says he’ll vote Republican, bashes Democrats

Trump advisor Steve Bannon (L) watches as President Donald Trump greets Elon Musk, SpaceX and Tesla CEO, before a policy and strategy forum with executives in the State Dining Room of the White House February 3, 2017 in Washington, DC. Brendan Smialowski | AFP | Getty Images Elon Musk said twice this week that he … Read more