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Warren Buffett said on Friday that he is stepping down as chairman of Berkshire Hathaway, handing the role to his son Howard while remaining on the board of the company he has led for more than six decades.The U.S. Postal Service chief said on Thursday that the agency has stopped developing an online portal central to President Donald Trump’s effort to tighten rules on mail voting.
U.S. President Donald Trump says that if Canada joining the European Union as a proposed associate member is intended as a “hostile act” against the United States, he may impose tariffs on the EU.“I think it’s laughable,” Trump said, while calling Canada a “terrible trade partner.” He added that if the intention behind the initiative is a “hostile act,” he would impose consequences.The U.S. House of Representatives on Wednesday passed a measure put forward by Republicans that would provide a federal blueprint to ensure data centers pay for their use of local energy grids. It was adopted in a 417–3 vote.AI and other data centers draw huge amounts of electricity from local power grids, straining supplies and leading to utility bill shocks for households across the nation.
The family of Turning Point USA founder Charlie Kirk plans to sue a Utah university over his fatal shooting there, alleging inadequate security contributed to his death, according to a notice of claim sent by the family's lawyers. A Sept. 9 letter from the family's law firm notified Utah Valley University and the state of Utah of its intent to seek damages over Kirk's Sept. 10, 2025, assassination, according to a copy of the document sent to media outlets.Tyler Robinson, 23, a former electrical apprentice, is accused of shooting Kirk from the roof of the university's student resource center. Utah prosecutors are seeking the death penalty. Robinson has pleaded not guilty. A trial date is expected to be set at an Oct. 23 hearing.European Commission President Ursula von der Leyen said on Wednesday that she wanted to open the door for Canada to become the European Union’s first associate member.The move to strengthen ties comes amid an ongoing trade dispute between Canada and the United States. Washington imposed 50 percent tariffs on certain Canadian exports after trade talks collapsed on Aug. 21, prompting Canada to impose counter-tariffs on U.S. steel, aluminum, dairy, and other goods.
FBI Director Kash Patel faces the Senate Judiciary Committee on Tuesday. He’s likely to be pressed on his leadership, arrests related to the 2020 election, and probes into attempts to overturn that election. It’s Patel's first appearance before the Senate since May.Treasury Secretary Scott Bessent testifies before the House Financial Services Committee hearing on Tuesday on the economy. It comes as the Treasury Department targets banks that are supporting Iran financially under Operation Economic Fury, as trade tensions between the United States and Canada persist, and as the benchmark 10-year Treasury bond yield reached its highest level since 2023.
New warnings from within the artificial intelligence industry have revived a long-running debate over whether advanced AI could escape human control and ultimately threaten humanity’s survival, and whether the companies developing the technology are doing enough to prevent that scenario.Dario Amodei, CEO of Anthropic, the San Francisco company behind Claude, said on Saturday that the industry needed to slow down, warning that a swarm of AI agents might take over the internet in six months to a year unless companies devoted more time to building safeguards.The national average price of diesel climbed to a fresh record of $6.23 per gallon on Monday as President Donald Trump once again called on Ukraine to stop striking Russian refineries, saying the attacks were worsening a global fuel shortage.That was up from $6.20 the previous day and $5.90 a week earlier, according to the American Automobile Association.
President Donald Trump and Vice President JD Vance attended ceremonies on Friday to commemorate the 25th anniversary of the terrorist attacks that killed nearly 3,000 people on Sept. 11, 2001. The events honor the 2,977 people killed after al-Qaeda terrorists hijacked four commercial airliners and flew them into the World Trade Center in New York and the Pentagon, while one plane crashed in a Pennsylvania field.Consumer inflation was stable in August despite the war in Iran upending global energy markets and reviving price pressures across the economy. August’s annual inflation rate was unchanged at 3.4 percent, according to data from the Bureau of Labor Statistics—a government agency tracking jobs, inflation, and wages—released on Friday.
President Donald Trump says he will issue a $5,000 payment to every adult citizen in the United States if Republicans secure a majority in Congress.“Here is my promise,” Trump said on Wednesday at the first of its kind Republican Midterm Convention. “If the Republicans win the House of Representatives and the United States Senate, both of them ... because of our tremendous strength and success economically, I will issue a dividend to every adult citizen in the United States of America for $5,000.”It’s been one year since Turning Point USA founder and conservative commentator Charlie Kirk was assassinated at Utah Valley University. Prosecutors allege that Tyler Robinson, 23, fatally shot Kirk. Robinson pleaded not guilty at a hearing on Sept. 1 to a murder charge that a judge ruled could carry the death penalty. Republicans at the midterm convention on Wednesday broke out in chants of “Charlie, Charlie,” in recognition of Kirk after Trump acknowledged that Thursday is the one-year anniversary of his death.
A first of its kind, the Republican midterm convention kicks off for two days in Dallas on Wednesday, with President Donald Trump delivering the keynote address on the first night and closing remarks on the second night.Trump administration officials are set to dominate the other keynotes. Health Secretary Robert F. Kennedy Jr., Attorney General Todd Blanche, and Treasury Secretary Scott Bessent will be among the featured speakers, along with former White House press secretary Karoline Leavitt and the president’s eldest son, Donald Trump Jr.U.S. Central Command said all attacks from Iran’s Islamic Revolutionary Guard Corps (IRGC) have failed, pushing back against IRGC claims that Iran struck two U.S. Navy destroyers in the Middle East. The U.S. military said U.S. forces have successfully destroyed 10 Iranian tankers in the past week.
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