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Thursday, November 27, 2025

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Trump’s gambit to save Republicans from a giant health insurance spike comes with a $50 billion price tag, CRFB estimates | Fortune

As millions of Americans brace for dramatically higher health care costs come January 2026, after enhanced Affordable Care Act (ACA) subsidies expire, the White House is expected to propose a two-year extension to prevent a massive spike in premiums.The...

‘There’s only so much you can absorb from the tariffs, because they’re just very high’: Levi’s CEO states the plain truth | Fortune

The global fashion industry is bracing for 2026, navigating a market defined by geopolitical instability, macroeconomic uncertainty, and, above all, unprecedented U.S. tariffs. As leaders pivot from focusing on “uncertainty” to acknowledging the environment is simply “challenging,” tariffs have...

Judge tosses DOJ lawsuits against James Comey, Letitia James as Trump’s revenge tour falters | Fortune

A federal judge on Monday dismissed the criminal cases against former FBI Director James Comey and New York Attorney General Letitia James, concluding that the prosecutor who brought the charges at President Donald Trump’s urging was illegally appointed by the Justice Department.The...

Nonprofit news outlets are often scared that selling ads could jeopardize their tax-exempt status, but IRS records show that’s been rare

Although advertising revenue largely sustained the news media in the 20th century, it’s been harder to come by in the digital age. News media outlets just aren’t as important these days for advertisers when they...

Suddenly, the Fed interest rate cut in December looks like it is very much back on the table | Fortune

Asian stocks were down this morning and Europe was flat, but investors in U.S. equities were ignoring all that in renewed hopes that the U.S. Federal Reserve will cut interest rates in December, thus fueling asset markets with a...

GoTo taps new CEO in step toward game-changing Grab takeover | Fortune

GoTo Group appointed a new chief executive officer to replace Patrick Walujo, a move that’s expected to speed the takeover of Indonesia’s largest internet company by Grab Holdings Ltd.Chief operating officer Hans Patuwo will take the helm from Walujo,...

A World Bank expert thinks countries should leverage ‘small AI’—and avoid competing with the biggest tech giants | Fortune

AI is expensive. Processors are expensive, data centers are expensive, power and water are expensive, data acquisition is expensive. Giants like the U.S. and China can bear these costs. But can other smaller regions—like Southeast Asia, home to the...

Secret U.S.-Russia talks led to plan that blindsided Ukraine | Fortune

The controversial 28-point plan dropped suddenly by the Trump administration to Ukraine as a take-it-or-leave it proposition mere days ago was mostly the result of several weeks of negotiations behind the scenes between Steve Witkoff and his Russian counterpart Kirill Dmitriev...

Bessent says health-care announcement coming this week | Fortune

Treasury Secretary Scott Bessent said the Trump administration is working on bringing down US health-care costs and an announcement to address the issue is planned for this week.“We believe health care’s going to come down,” Bessent said Sunday on...

Elon Musk once called DOGE ‘the chainsaw for bureaucracy,’ but it has quietly ceased to exist well ahead of schedule, report says | Fortune

The Department of Government Efficiency plowed through federal spending and payrolls earlier this year, but it has since disappeared with top officials now working in other federal offices, according to Reuters.DOGE, which was once led by Elon Musk, had...
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“How did you get this through security?” Pope Leo asks CBS News’ Chris Livesay of White Sox baseball bat gift

The first-ever American pope's first trip abroad started off with a distinctly American moment, when...
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