US Politics & Business News
Read the latest news about U.S. politics today at Congress.net
US stock futures surged early Monday as traders welcomed the pause in Middle East fighting just as one of the busiest earnings weeks of the year gets underway. Dow futures gained about one percent, the S&P 500 added nearly one percent, and Nasdaq 100 futures jumped roughly one point four percent. The rally follows a…
Two House lawmakers from opposite parties introduced legislation last week that would give federal regulators new power to block the deployment of the most powerful AI models when they pose an imminent catastrophic risk. Reps. Jay Obernolte, a California Republican, and Lori Trahan, a Massachusetts Democrat, unveiled the bill on Thursday. The measure is formally…
An insider has placed a bet on vessel traffic in the Strait of Hormuz returning to “normal” levels before the end of August. They placed the bet on Saturday evening, just three hours before Iranian Foreign Ministry Spokesperson Esmail Baghaei announced they had made “progress” toward reopening the Strait of Hormuz after holding talks with…
A push to force congressional oversight of the Iran conflict failed in the Senate last week, with the chamber voting 49 to 47 against a resolution that would have required the White House to seek approval before further strikes. The narrow defeat underscored deep divisions even within the president’s own party over how far the…
Crude oil tumbled sharply on Monday after Washington and Tehran both stepped back from two weeks of direct strikes on each other. Brent crude dropped as much as seven percent below ninety dollars a barrel before clawing back roughly half of that loss by midday. The pullback triggered a broader relief rally across stocks, bonds,…
Washington’s AI debate has entered a new phase. After years of hearings, voluntary frameworks and warnings about safety, copyright, labor and national security, Congress is now attempting to write the first serious federal rulebook for artificial intelligence. But energy regulators, utilities, data-center operators, governors and local communities are asking an increasingly urgent question: is Congress…
President Donald Trump’s approval rating among Republicans has fallen to a new low of 44%, according to a poll of 1,032 Republicans by Congress.net. This fall in support comes amid growing concerns over inflationary pressures and the economy amid continued tensions with Iran. Trump’s approval rating among Republican voters was 57% as of 21 May,…
Millions of Americans enrolled in Medicaid could face coverage disruptions under new work requirements being debated in Congress, health advocates are warning. People living with cancer or HIV are among those most at risk of losing their Medicaid coverage if the new work rules take effect, according to advocates. The proposed requirements would mandate that…
President Donald Trump has confirmed that he called Israeli Prime Minister Benjamin Netanyahu “crazy,” while insisting the two leaders continue to get along well. Trump acknowledged the remarks publicly, not denying the characterization that had reportedly caused a stir between the two longtime political allies. Despite the candid admission, Trump was quick to emphasize that…
By Prineha Narang My career has been built at the edge of what is physically possible, predicting exotic quantum states, developing sensors that exploit the laws of nature, and teaching machines to reason about the physical world. For a long time, that work lived in journals and laboratories, but those technologies are now being rapidly…