The Small Business Administration (SBA) announced Thursday that it suspended 6,900 Minnesota borrowers after uncovering what it says is widespread suspected fraud.SBA Administrator Kelly Loeffler said the agency reviewed thousands of Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) loans approved in Minnesota, and identified nearly $400 million in potentially fraudulent loans tied to borrowers in Minnesota.

Sworn in at midnight and again hours later publicly, New York City Mayor Zohran Mamdani used his first day in office Thursday to hit the ground running with new executive orders targeting city landlords and housing development. And he said the city will take what he called “precedent-setting action” to intervene in a private landlord bankruptcy case he said was tied to 93 buildings.”Today is the start of a new era for New York City,” Mamdani said.

Sen. Bernie Sanders, I-Vt., appeared without the iconic mittens that helped make him a viral sensation during former President Joe Biden’s 2021 inauguration when he administered the oath of office for New York City Mayor Zohran Mamdani at City Hall Thursday.

President Donald Trump spent the first year of his second White House term signing a torrent of executive orders aimed at delivering on several major policy priorities, including slashing federal agency budgets and staffing, implementing a hard-line immigration crackdown and invoking emergency authority to impose steep tariffs on nearly every U.S. trading partner.

As 2025 ends, tensions between China and Taiwan are higher — and more overt — than at any point in recent years, fueled by expanded U.S. military support for Taipei, increasingly bold warnings from regional allies, and Chinese military drills that look less like symbolism and more like rehearsal.

New York City socialist mayor-elect Zohran Mamdani was officially sworn in as mayor in a midnight ceremony by New York Attorney General Letitia James.”This is truly the honor and the privilege of a lifetime,” Mamdani said in a brief speech.The early Thursday morning event was a private ceremony where Mamdani was accompanied by family members at the Old City Hall Station, a decommissioned subway station with deep historical roots.

President Donald Trump railed against alleged social services fraud in Minnesota during remarks at his New Year’s Eve celebration at Mar-a-Lago on Wednesday.”Can you imagine they stole $18 billion,” Trump said. “That’s just what we’re learning about. That’s peanuts. And California is worse, Illinois is worse and sadly New York is worse.”Trump continued, “We’re going to get to the bottom of all those. It was a giant scam.

The Department of Justice (DOJ) on Wednesday outlined a list of its accomplishments during President Donald Trump’s first year back in office, arguing that the agency has ended the political weaponization it says existed under the Biden administration.The DOJ claimed in a statement posted on X that it has “turned around” the agency, restoring fairness and law enforcement priorities.

Though touting himself as the peace president, President Donald Trump has not been afraid to unleash lethal rocket strikes on U.S. enemies when he feels the need arises.In 2025, Trump ordered strikes on nine different countries and regions in the interest of furthering U.S. national security.Here are the countries, groups and regions that felt the power of the U.S. military in action this year.Throughout the year, the U.S.

A whiskey sour for the distilled spirits industry. Consumers are souring on drinking alcohol.And that’s one of a host of complex reasons why Jim Beam is placing its main distillery in Clermont, Kentucky, on ice for at least a year.Claudia Coffey knows Kentucky bourbon country as well as anyone. She’s a podcaster and bourbon insider.