Key Points:Rate Cuts Urged by Fed Insider: Federal Reserve Governor Christopher Waller suggests the Fed should begin lowering interest rates as early as July. Labor Market Showing Cracks: Waller points to early signs of a weakening labor market, especially youth unemployment, as justification for cuts. Political Implications Loom: With Trump’s reelection and Powell’s term ending…
Summary: Heavy Rainfall Expected: Hurricane Erick is expected to dump up to 20 inches of rain in parts of southern Mexico, posing risks of flash flooding and dangerous mudslides. Rapidly Strengthening Storm: The Category 1 hurricane is intensifying quickly and may reach major hurricane status, Category 3 or above, by Thursday. Emergency Measures Underway: Schools…
Summary: • Landmark Decision: The Supreme Court backs Tennessee’s law restricting gender-affirming care for minors, siding with conservative lawmakers. • Split Opinion: The 6-3 ruling exposes deep ideological divisions, with liberal justices warning of harm to trans youth. • Ripple Effect: The decision strengthens similar laws across GOP-led states and lowers the legal barrier for…
Summary: Major ‘Refresh’ Announced: Amex confirms big changes for its Platinum and Business Platinum cards arriving this fall. Higher Fees Likely: With a current $695 annual fee, experts predict a jump close to $1,000. More Perks, More Complexity: Expect new credits, a redesign, and expanded lifestyle benefits, but likely at the cost of added confusion….
Summary: Fatal Shooting in Central Hillside: A man was killed and another targeted in an early morning shooting on East Third Street. Suspects Arrested Quickly: Two suspects were apprehended with help from neighboring law enforcement agencies. Violent History in the Area: The location has been the scene of multiple shootings in recent years, deepening concerns…
Summary: Years in the Making, Underwhelming in Delivery: Trump finally got his long-desired military spectacle, but failed to meet expectations on both sides of the political divide. Politicized Backdrop: Protests, partisan tensions, and controversial national events overshadowed what was meant to be a celebration of military pride. Disorganized and Dull: Logistical chaos, lackluster crowd turnout,…
Summary: Mass Demonstrations Nationwide: Thousands gathered in over 2,000 U.S. locations for “No Kings” rallies, opposing Trump’s leadership and defending democracy. Security Heightened: National Guard units were deployed across several states, with officials pledging zero tolerance for violence or disruption. Protest Themes and Messages: Demonstrators criticized immigration policies, CDC cuts, and authoritarianism, while calling for…
Summary: Murder Charge Filed: Karen Read is facing second-degree murder charges in the 2022 death of her boyfriend, Boston police officer John O’Keefe. Prosecution’s Claim: Prosecutors allege she struck O’Keefe with her SUV outside a house party in Canton, Massachusetts, and left him to die in the snow. Defense’s Conspiracy Claim: Her legal team argues…
Launch Delayed for Safety: Tesla postponed its Austin robotaxi debut from June 12 to June 22, citing a “super paranoid” focus on safety amid NHTSA scrutiny of its driverless-taxi plans. Stock Up on Political Rebound: Despite the delay, TESLA shares rose as CEO Elon Musk’s outreach to President Trump is seen as bolstering hopes for…
Trade Deal Declared “Done”: President Trump announced on Truth Social that a U.S.-China trade agreement reached during high-level talks in London is finalized, reverting to the framework first negotiated in Geneva last month. Tariff Adjustments Outlined: Under the new deal, U.S. base tariffs on Chinese imports will rise to 55%, while Chinese duties on American…
