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Newsmax Money America's Finance News from NEWSMAX, an independent news network with a conservative perspective. Newsmax Media, Inc. with offices in Washington, D.C.

is an online and multi-media publisher based in West Palm Beach, Fla. and New York City. Newsmax covers the latest developments in politics, national and world news, health, faith, personal finance, and technology with a unique American perspective and topics that the major media often ignore. Each month Newsmax reaches over 12 million Americans via Newsmax.com, Moneynews.com, Newsmaxhealth.com, N

ewsmaxWorld.com, NewmaxTV and other websites. Over 1.1 million readers subscribe to the company's publications, including Newsmax magazine and more than a dozen health and financial newsletters. Newsmax also has a growing social audience of nearly 400,000. In addition, through Newsmax’s publishing partners, Newsmax has an extended daily reach of over 20 million impressions across 500 publishers. Forbes has called Newsmax a "powerhouse" and the New York Times describes its reach as a "potent force." Honors & Awards

Newsmax magazine has been awarded top honors by the Florida Magazine Association (FMA), which recognizes industry publications for outstanding achievement. At its Annual Publishing Conference & Exposition in Orlando, Fla., the FMA bestowed four Charlie Awards – its highest honor — to Newsmax.

House Republicans Mull 200+ Budget Cuts, Breaks, Tariffs
17/01/2025

House Republicans Mull 200+ Budget Cuts, Breaks, Tariffs

House Budget Committee Republicans are eyeing more than 200 changes to the federal budget ahead of the vast reconciliation bill, including myriad spending cuts, tax breaks, tariffs as well as tweaks to Medicare and Social Security, it was reported Friday.

Trump Wants to Revamp Federal Agency as Sovereign Wealth Fund
17/01/2025

Trump Wants to Revamp Federal Agency as Sovereign Wealth Fund

President-elect Donald Trump's team wants the U.S. International Development Finance Corp (DFC) to function more like a sovereign wealth fund and be an effective tool for deploying economic power, Bloomberg News reported Friday.

Repairing America via Presidential Financial Powers
17/01/2025

Repairing America via Presidential Financial Powers

A Bold Solution to Alleviate Damages Caused by: Inflation, War, Crime, Poor Policies, and the Energy Crisis

IRS Chief to Step Down on Trump's Inauguration Day
17/01/2025

IRS Chief to Step Down on Trump's Inauguration Day

IRS Commissioner Daniel Werfel said in a letter to IRS workers on Friday that he intends to step down from his position on President-elect Donald Trump's Inauguration Day.

Federal Reserve Withdraws From Global Climate Change Group
17/01/2025

Federal Reserve Withdraws From Global Climate Change Group

The U.S. Federal Reserve announced Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.

Sen. Daines to Newsmax: 'Nice to See' Tech Leaders on Board With Trump
17/01/2025

Sen. Daines to Newsmax: 'Nice to See' Tech Leaders on Board With Trump

Amid reports that some tech CEOs will attend President-elect Donald Trump's inauguration Monday, Sen. Steve Daines, R-Mont., said Friday that it's "nice to see" them getting on board with the incoming 47th president.

Sen. Cotton: Refusal to Sell TikTok Proves It's a Spy App
17/01/2025

Sen. Cotton: Refusal to Sell TikTok Proves It's a Spy App

ByteDance, the Chinese-based parent company of the social media site TikTok, has plenty of time to sell it, and its failure to do so proves the app is used for spying, Sen. Tom Cotton said Friday. "ByteDance and its Chinese Communist masters had nine months to sell TikTok...

TikTok Addicts See Silver Lining in US Ban
17/01/2025

TikTok Addicts See Silver Lining in US Ban

TikTok is entering its final hours in the U.S. ahead of a potential ban effective on Sunday, prompting howls of protest from devoted users of the beloved video-streaming app.

CPI Numbers Highlight Fed's Many Mistakes
17/01/2025

CPI Numbers Highlight Fed's Many Mistakes

The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for December. The number indicated that consumer prices increased by .4%. For the prior 12 months the CPI increased by 2.9%. Worse, the annual increase in the core CPI was 3.2%.

Has Trump 2.0 Learned From Trump 1.0?
17/01/2025

Has Trump 2.0 Learned From Trump 1.0?

He has also been given an opportunity — a four-year-long opportunity, as the case may be — to study and learn from what went wrong, or at least didn't exactly go as planned, the first time around.

Supreme Court Backs TikTok Ban Unless Sold by Chinese Parent Company
17/01/2025

Supreme Court Backs TikTok Ban Unless Sold by Chinese Parent Company

The Supreme Court on Friday unanimously upheld the federal law banning TikTok beginning Sunday unless it's sold by its China-based parent company, holding that the risk to national security posed by its ties to China overcomes concerns about limiting speech by the app or its...

Trump Plans Anti-immigration Push on Day 1
17/01/2025

Trump Plans Anti-immigration Push on Day 1

President-elect Donald Trump's team is ironing out a wide slate of aggressive executive orders on immigration that could be released just hours after he is sworn into office Monday, sources familiar with the planning are saying.

Ozempic Among 15 Drugs Chosen for Medicare Price Negotiations
17/01/2025

Ozempic Among 15 Drugs Chosen for Medicare Price Negotiations

Popular weight loss drugs like Ozempic and Wegovy have been added to Medicare's list of medications that will be negotiated directly between the government and drug manufacturers, the Biden administration said Friday.

Atkins as SEC Chair Could Bring Needed Regulatory Clarity
17/01/2025

Atkins as SEC Chair Could Bring Needed Regulatory Clarity

Mr. Atkins is a former SEC commissioner who is known for advocating for lighter regulatory policies. This nomination signals a significant shift for the agency, moving toward a focus of fostering innovation in its oversight approach.

Trump's Inauguration Marks New Era for Cryptocurrency
17/01/2025

Trump's Inauguration Marks New Era for Cryptocurrency

Advocates and holders of crypto will soon influence U.S. policy on the emerging technology after a slew of nominations and advisory appointments by President-elect Donald Trump, who takes office Monday.

Global Equity Fund Demand Drops as Treasury Yields Rise
17/01/2025

Global Equity Fund Demand Drops as Treasury Yields Rise

Demand for global equity funds declined sharply in the week through Jan. 15, as U.S. Treasury yields rose and expectations for the Federal Reserve's interest rate cuts fell following a robust jobs report.

Trump Plans Anti-immigration Push on First Day in Office
17/01/2025

Trump Plans Anti-immigration Push on First Day in Office

President-elect Donald Trump's team is finalizing a series of executive orders on immigration that are expected to be issued shortly after he is sworn in, CNN reported on Friday, citing two people familiar with the matter. The measures include U.S. Immigration and Customs...

US Single-Family Housing Starts Increase 3.3%
17/01/2025

US Single-Family Housing Starts Increase 3.3%

U.S. single-family homebuilding increased solidly in December, but further gains were seen limited by rising mortgage rates and a glut of new homes on the market.

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