Federal employee unions are suing the Treasury and alleging Elon Musk’s DOGE gained illegal and ‘unprecedented’ access to data

The lawsuit accused Scott Bessent, the Treasury secretary, of giving Elon Musk’s Department of Government Efficiency access to sensitive information. Three federal employee unions have accused the Treasury Department of giving Elon Musk’s Department of Government Efficiency unlawful access to sensitive information. In a lawsuit filed Monday, lawyers acting for the Alliance for Retired Americans,…

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Russia’s Sukhoi Su-35 fighter jets deal isn’t a silver bullet for Iran’s battered air defenses

Iran is acquiring Russia’s Su-35 fighter jet, a top Iranian military official said. Iran may finally get the advanced Russian fighter jets it has sought for years, but analysts are skeptical that a few dozen Su-35 Flankers will make up for the damage Israel recently inflicted on Iran’s air defenses. Ali Shadmani, a senior commander…

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The climate crisis is set to erase $1.47 trillion in US home values. Here are 5 areas predicted to get hit hard.

The Highlands-Sea Bright Bridge connects two Shore towns in Monmouth County.  The impacts of the climate crisis will erase $1.47 trillion in home values across the US by 2055, a new study from research firm First Street found. The effects will not be spread equally across the country. In some areas, home price gains may…

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Trump said the new sovereign wealth fund he signed an executive order to create could be used to buy TikTok

President Donald Trump told reporters on Monday that the new sovereign wealth fund he wants to establish could be involved in TikTok’s sale. President Donald Trump floated the idea of buying TikTok with an American sovereign wealth fund, which he signed an executive order on Monday to create. “So other countries have sovereign wealth funds,…

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I guest lecture college students on key money concepts every young person should understand. Every year, the simplest way to build wealth catches them by surprise.

Old Chapel on Middlebury College campus. Every January, Middlebury College invites me to its campus to talk to a group of students about money. The guest lecture ranges between 90 and 120 minutes in length and is titled “Good Financial Hygiene — Lessons in Personal Finance.” I’m not a financial advisor, nor do I pretend…

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Trump got what he wanted with the Canada and Mexico tariff pauses — even if he didn’t get that much

Canada and Mexico have been given reprieves from tariffs threatened by US President Donald Trump.  US President Donald Trump has just shown the world how the Art of the Deal works. In a matter of days, Trump threatened three key partners — China, Canada, and Mexico — with tariffs over illegal immigration and fentanyl. The…

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