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  • Trump claims Vance’s anti-fraud task force could ‘save Social Security’ an...
    The anti-fraud task force being led by Vice President JD Vance may balance the budget and could help save Social Security, President Donald Trump said during Wednesday's Cabinet meeting at the White House."I think we have a chance to save Social Security without doing anything to it," Trump said. "We’re going to make our Social Security so strong."Trump stated Vance had uncovered enough fraud that it may be able to fund the program. This comes as the federal government has warned that Social Security could be depleted by the 2030s.FEDS MISTAKENLY GAVE AWAY $692M IN DUPLICATE PPP LOANS"The numbers that we’re finding out — we have great people in Social Security. We’re going to make our Social Security so strong, so good, that you’ve never seen anything like it," Trump said. "We’re going to protect, I said right from the beginning, we’re going to protect our people in Social Security."Trump reiterated that he wants to protect the crucial entitlement program, while Vance credited Trump for the task force's success."The fact that we have dedicated presidential leadership is really what’s made this possible, because it does require — we’ve got great people around the table — but sometimes these agencies don’t know how to work together at the lower level, and that’s one of the things we’ve had to turn on and force with the fraud task force," Vance said.LOEFFLER TARGETS $50B SBA PROGRAM THAT HAS ‘NEVER BEEN LOOKED AT,’ BANS 112K-PLUS COVID LOAN FRAUDSTERSAccording to the most recent estimates, Social Security is projected to become insolvent in 2032, which could trigger automatic benefit cuts. The program is primarily funded by payroll taxes on current workers and their employers.During Wednesday's meeting, Trump said the task force has already identified "billions and billions and billions" worth of fraud, noting that if the initiative "does really great, we’ll have a balanced budget without having to do anything.""Everybody was getting rich, and I think we have a chance to save Social Security without doing anything to it," Trump said. "Just the numbers of fraudulent people on Social Security — people that are 115 years old, 125 years old, getting payments. It’s funny."GET FOX BUSINESS ON THE GO BY CLICKING HEREVance was named to head the anti-fraud effort in March. The Trump administration has stated that the initiative was launched as some states have failed to combat entitlement fraud that has benefited illegal immigrants.  [TheTopNews] Read More.
    FOX BUSINESS – Latest | Business & CommerceThu, May 28, 2026
    1 hour ago
  • Everlane Co-Founder, Shocked by Shein Acquisition, Wants a Redo
    Michael Preysman, who ran the brand for a decade, can’t believe what happened to the company he built. Can he start over? [TheTopNews] Read More.
    THE NEW YORK TIMES – Business | Business & CommerceThu, May 28, 2026
    2 hours ago
  • Trump Refiles $10 Billion Lawsuit Against The Wall Street Journal
    An earlier version of the defamation suit, which focused on an article about a birthday note to Jeffrey Epstein, was dismissed by a judge. [TheTopNews] Read More.
    THE NEW YORK TIMES – Business | Business & CommerceThu, May 28, 2026
    2 hours ago
  • Bari Weiss Names Nick Bilton to Lead CBS’s ’60 Minutes’
    Mr. Bilton, a documentarian and former New York Times columnist, said he would bring new voices to the show, which he said was the most important news program in America. [TheTopNews] Read More.
    THE NEW YORK TIMES – Business | Business & CommerceThu, May 28, 2026
    3 hours ago
  • CVSA Reports 574 Commercial Vehicles Removed From Service for Brake Violations
      The Commercial Vehicle Safety Alliance (CVSA) recently released the results of this year’s Brake Safety Day, reporting that 574 commercial motor vehicles were placed out of service because of brake-related safety violations. The one-day enforcement initiative took place on April 14 across the United States, Canada, and Mexico. During the operation, inspectors completed 4,021 commercial vehicle inspections focused specifically on brake system safety and compliance. According to CVSA, approximately 14.3% of inspected vehicles were removed from service after inspectors identified brake-related violations severe enough to make continued operation unsafe. Meanwhile, 85.7% of inspected vehicles passed without any brake-related out-of-service violations. Brake Safety Day Focused on Critical Brake Components This year’s Brake Safety Day placed special emphasis on brake drums and rotors, both of which play critical roles in commercial vehicle stopping performance. Inspectors identified 43 brake drum and rotor violations during the enforcement event. Of those, 21 violations were serious enough to place the vehicle immediately out of service. Brake system problems remain one of the leading causes of commercial vehicle out-of-service violations across North America. Therefore, CVSA continues conducting annual brake-focused inspections to improve highway safety and encourage proper vehicle maintenance. Major Brake Violations Identified During Inspections CVSA reported several common brake-related violations discovered during the inspection blitz. Among the most significant findings: 313 vehicles met the 20% defective brake threshold required for out-of-service violations 121 out-of-service violations involved damaged brake hoses or tubing 47 steering axle brake violations resulted in out-of-service orders 40 vehicles failed mandatory air loss rate tests 193 additional brake-related violations were also identified According to CVSA, any brake system defect that reduces stopping capability or creates unsafe operating conditions can result in a vehicle being placed out of service until repairs are completed. As a result, fleets and owner-operators are being reminded once again about the importance of regular brake inspections and preventative maintenance programs. Performance-Based Brake Testing Expands In addition to standard roadside inspections, CVSA also used performance-based brake testers (PBBTs) during this year’s enforcement campaign. A total of 349 inspections across 10 U.S. jurisdictions used the testing technology to measure actual braking efficiency. These systems provide inspectors with more precise data about a vehicle’s stopping performance. Vehicles are required to meet a minimum braking efficiency standard of 43.5%. However, 26 commercial vehicles failed to meet that requirement and were immediately placed out of service. CVSA says performance-based brake… [TheTopNews] Read More.
    TRUCKERS REPORT – Trucks & Trucking | Business & CommerceThu, May 28, 2026
    4 hours ago
  • ‘I’ve applied for more than 400 roles’ – how young peopl...
    The BBC has been hearing from young people who are struggling to find work about how they are tackling the challenge. [TheTopNews] Read More.
    BBC NEWS – Business | Business & CommerceThu, May 28, 2026
    4 hours ago
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