Capital One’s merger with Discover Financial Services in a $35 billion deal was approved by the Federal Reserve’s Board of Governors and the Office of the Comptroller of the Currency.  The merger’s approval will likely encourage more deals, which was predicted due to President Donald Trump’s largely friendly nature toward business consolidation. “Our sense was […]

EXCLUSIVE — The 2024 North Carolina Supreme Court race remains uncertified after Republican Jefferson Griffin challenged the legality of thousands of ballots, a legal strategy a judicial advocacy group called an “egregious double standard.” Recounts showed Democratic incumbent Allison Riggs leading Griffin by 734 votes. However, Griffin challenged the eligibility of roughly 60,000 ballots, halting […]

The acting head of the IRS is reportedly being ousted after Treasury Secretary Scott Bessent complained to President Donald Trump that Elon Musk pushed to place him in the role without Bessent’s assent. Gary Shapley, who gained prominence for testifying as part of the Republicans’ corruption investigation into Hunter Biden, is being replaced as acting IRS […]

President Donald Trump signaled his willingness to walk away from negotiations over a peace deal between Ukraine and Russia, lending weight to earlier suggestions from Secretary of State Marco Rubio. Yet Trump simultaneously insisted at the White House that a deal could still be reached, provided that both sides are genuinely working toward a solution. […]