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Golden Dome missile shield faces cuts as Democrats take House control

Two senior Republican backers of the Golden Dome missile defense program are departing Congress amid a broader GOP exodus ahead of a Democratic takeover of the House. Officials and industry sources say the incoming majority is likely to impose funding limits, rename the program, and strip out its most contested element—a boost-phase interception capability—as it gains budget oversight.

Mavria, founded by ex-Energy Department officials, raises funds at $1B valuation

Mavria, a startup started by three former U.S. Department of Energy officials, has raised capital at a $1 billion valuation. The company plans to build modular data centers that can be transported by truck.

Trump says DOJ threatened AI executive with arrest over safety concerns

In a 60 Minutes interview, Trump said he believes AI risks are manageable and claimed the DOJ warned an unnamed executive at a major AI company to change their behavior or face jail, telling them to "kiss your wife good night." He declined to name the person or company involved but said the threat prompted the executive to change course. Trump also said he would work with Democrats on AI safety guardrails but worried such rules could put the US behind China.

Nvidia CEO Jensen Huang's affair with alleged Chinese spy prompts security concerns

Reports have surfaced that Nvidia CEO Jensen Huang had a personal relationship with a woman suspected of being a Chinese intelligence operative, triggering national security concerns given his central role in US AI policy. Huang, 63, built Nvidia into one of the world's most valuable companies and has cultivated close ties with President Trump amid US efforts to maintain an edge over China in AI chips. Trump told reporters he had not spoken to Huang since the investigation became public but called him 'a fine person'.

EPA defies court order to release $7B 'Solar For All' funds

A federal court has ruled that the EPA, under Administrator Lee Zeldin, acted unlawfully when it withheld $7 billion in congressionally approved funding for the Solar For All program, which supports low-income solar development in states and Tribal governments. Despite the ruling, the agency has not yet disbursed the money, leaving recipients like Massachusetts, Michigan and Arkansas without funds they were previously approved to receive.

GOP's single-leader bet on Trump faces reckoning after midterm losses

The Republican Party, having aligned itself closely with Donald Trump, suffered significant losses in the midterm elections. Analysts describe the scale of the defeat as potentially an 'extinction-level event' for the party's current strategy.

Democrats to push workplace bills in new Congress despite slim odds of passage

With Democrats set to control the House, early signals point to labor and workplace issues—such as minimum wage increases and the gender pay gap—becoming legislative priorities. However, such measures face steep obstacles, including the Senate filibuster and the threat of a presidential veto from Trump.

Revolution Wind Becomes Third Fully Operational US Offshore Wind Farm

The $6.2 billion Revolution Wind offshore project is now fully operational, generating enough electricity to power over 350,000 homes, according to Canary Media. The milestone comes despite attempts by the Trump administration to halt its development.

Analysts debate what a 'Woke 3.0' shift could mean for employers

Following Democratic gains in recent midterm elections, commentators online have begun using the term 'Woke 3.0' to describe a possible resurgence of progressive workplace and cultural politics, building on earlier waves tied to the pandemic and George Floyd's murder. The term gained attention after Representative Alexandria Ocasio-Cortez referenced it in an interview, where she seemed to distance herself from earlier iterations of that movement.

Trump Names Stephen Miller White House Chief of Staff, Replacing Susie Wiles

President Trump announced on Truth Social that Stephen Miller, previously deputy chief of staff for policy and homeland security adviser, will become his new White House chief of staff starting Monday. The move follows Susie Wiles' resignation on Thursday, after Republicans suffered sweeping midterm losses in the House and Senate. Sources say Trump had privately blamed Wiles for the election results and had also considered Steve Witkoff and Jay Clayton for the role.

Elon Musk spent $474M on 2026 midterms as Democrats gain House and Senate majorities

Elon Musk contributed at least $474 million toward the 2026 midterm elections, according to The New York Times. Despite that spending, Democrats are now projected to win 259 House seats and at least 54 Senate seats, giving them a new congressional majority.

Federal student loan caps push borrowers to private lenders, boosting SoFi and Sallie Mae volumes

New federal borrowing limits took effect this fall under Trump's spending law, capping how much graduate students and parents can borrow for education and leaving some programs' professional status uncertain until shortly before classes began. Students like Chloe Frabotta have had to supplement smaller federal loans with private loans, often requiring a cosigner. Private lenders SoFi and Sallie Mae reported sharp increases in student loan originations this quarter, with SoFi's volume nearly doubling and Sallie Mae's graduate loans up 119% year-over-year.