U.S. Allies Seek Trade Deals with China Amid Trump Tariff Threats
President Trump's tariffs and rhetoric have spurred some longtime U.S. allies to diversify their trade ties away from the U.S., according to NPR. Some are reportedly seeking deals with China and India.
Billionaire Ross Stevens Donates $100 Million to U.S. Olympians
Billionaire financier Ross Stevens is donating $100 million to U.S. Olympic and Paralympic athletes, according to Hacker News. Starting with the upcoming Milan Cortina Olympics, every U.S. athlete will receive $200,000, even if they don't win a medal. Half of the money will be distributed 20 years after their first qualifying Olympic appearance or at age 45, whichever comes later. The other $100,000 will be in the form of a guaranteed benefit for their families.
CBO: Federal Troop Deployment to U.S. Cities Cost Nearly $500 Million
A new report by the Congressional Budget Office (CBO) revealed that the federal government spent approximately $496 million deploying National Guard and active-duty Marine Corps personnel to six major American cities between June and December 2025, according to Fortune. The nonpartisan analysis, released Jan. 28, was in response to a request for information from Senate Budget Committee ranking member Jeff Merkley (D-Ore.). The CBO estimates the recurring cost to the federal budget will be $93 million per month if the administration maintains the troop levels present at the end of 2025.
Goldman Sachs CEO David Solomon Tops Fortune 500 Pay Chart
Goldman Sachs CEO David Solomon was the early 2025 pay leader among Fortune 500 company chiefs, with a double-digit percentage raise that puts him above both JPMorgan's Jamie Dimon and Disney's Bob Iger, according to Fortune. While not all Fortune 500 companies have released their executive compensation for 2025, banking CEOs like Solomon and Dimon are among the early winners. Starbucks CEO Brian Niccol's 2025 compensation plummeted after he received $96 million in 2024 in front-loaded compensation for four months of work. The six biggest U.S. banks, including Goldman and JPMorgan, brought in $157 billion in combined profits, an 8% increase that marked the industry's best year since the.
UK Government Spent £4.1 Million on AI Skills Hub
The UK government recently unveiled its AI Skills Hub, which aims to provide 10 million workers with AI skills by 2030, according to Hacker News. The site was delivered by PwC for £4.1 million ($5,657,000). The site links out to external pages, like Salesforce's free Trailhead learning platform.
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