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US Top News and Analysis Jan 29, 2025

Former Sen. Bob Menendez sentenced to 11 years in prison in gold bar bribery case

Prosecutors have recommended a prison sentence of 15 years, an amount of time his lawyers call "a life and death…

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US Top News and Analysis Jan 29, 2025

Amazon lays off 'small number' of employees in communications and sustainability units

Amazon laid off more than 27,000 employees in 2022 and 2023 and has continued making smaller cuts.

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US Top News and Analysis Jan 29, 2025

Trump Media surges after expansion into financial services including crypto and ETFs

The company said it expects to launch products and services under the Truth.Fi brand, including its own investment…

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US Top News and Analysis Jan 29, 2025

Three key takeaways from Robert F. Kennedy Jr.'s Senate confirmation hearing

Robert F. Kennedy Jr., Trump's controversial pick to lead Health and Human Services, testified before a Senate panel…

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US Top News and Analysis Jan 29, 2025

What the Fed didn't say is what mattered to traders

The removal of a key phrase in the postmeeting statement showing inflation "has made progress toward" the 2% target…

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US Top News and Analysis Jan 29, 2025

White House says Trump funding freeze remains in effect despite rescinding OMB memo

The OMB memo had directed federal agencies to pause grants and loans pending a review of compliance with the agenda of…

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US Top News and Analysis Jan 29, 2025

Anthropic CEO doesn't see DeepSeek as 'adversaries,' but says export controls are critical

Anthropic CEO Dario Amodei said in a blog post on Wednesday that while China's DeepSeek aren't "adversaries," the U.S.…

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US Top News and Analysis Jan 29, 2025

Fed holds rates steady, takes less confident view on inflation

The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy.

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