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• House Republicans and Democrats overwhelming voted in favor of a bill that could ban TikTok.
• Trump has reversed his position on banning the popular social media app.
• The former president has cited how TikTok's competitors could benefit if the app is banned.

Former President Donald Trump has an iron grip on the Republican Party.

On Tuesday

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A bill that could force a sale or outright ban on TikTok passed the House just days after it was first introduced. The House of Representatives approved the measure Wednesday, in a vote of 352 - 65, in a rare showing of bipartisan support. It now goes to the Senate.

If passed into law, the legislation would give parent company ByteDance a six-month window to sell TikTok or face a ban from US app

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• America's surging pile of debt means investors should focus on tax-saving investment strategies, according to Bank of America.
• The US government has two options to tackle its debt pile: either raise taxes or accept higher inflation.
• Bank of America offers five investment strategies to save on taxes.

America's fast-growing pile of debt suggests investors

Banning TikTok in the US is back on the table after the House voted Wednesday to pass a measure that would do just that unless the app separates from Chinese parent company ByteDance. The bill passed with 352 votes, needing a two-thirds majority to advance. Sixty-five members voted against it, with one voting present.

The

• The House overwhelmingly passed a bill on Wednesday that could lead to TikTok being banned.
• 50 Democrats and 15 Republicans voted against it.
• They cited a variety of factors, including the rushed nature of the bill and

• A US soft landing looks likely, but rising unemployment is cause for worry, Paul Krugman wrote in The New York Times.
• As the rate climbs, its pushing a key recession indicator closer to a critical threshold.
• However, inflation data isn't as hot as recent CPI readings show.

The US economy is comfortably in soft landing territory, but Paul Krugman says it isn't altogether

• The House of Representatives just passed a bipartisan-introduced bill "banning" TikTok.
• The bill wouldn't outlaw the app itself necessarily but would require it to be sold within 180 days.
• Biden said he'd sign it, but there's no guarantee it'll succeed in a Senate vote.

The House of

• New tools from Realtor.com allow users to view a home's vulnerability to heat, wind, and air quality.
• The tools let homeowners and buyers view risks today and projected impacts over the next 30 years. 
• Climate risk leads to higher insurance costs in disaster-prone states like

The inaugural launch of Space One’s Kairos rocket ended in failure, with the launch vehicle exploding mere seconds after clearing the tower in Wakayama prefecture. It’s a setback for Japan’s space sector, which is striving for competitiveness in the burgeoning aerospace industry, but commercial ventures rarely achieve…

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• Recession views are dangerously similar to those in 2007, SocGen's Albert Edwards said.
• Edwards sounded the alarm for a potential downturn, pointing to signs of weakness in the US economy.
• Soft landing or no landing outlooks are growing on Wall Street as the US appears on solid economic footing.

Most forecasters seem to have thrown in the towel on their recession calls, and that's