Trump tax bill will cost poorest Americans $1,600 per year with cuts to Medicaid, food assistance
The official congressional scorekeeper predicts most of the bill’s benefits will go to the wealthy.
The official congressional scorekeeper predicts most of the bill’s benefits will go to the wealthy.
Widespread Google Outage Hits Services With "Intermittent Failures" Google Cloud is experiencing widespread outages late this afternoon, according to the outage-tracking website Downdetector.com.While Google has yet to issue an official statement, users on X have begun reporting disruptions across multiple services:There appears to be a massive outage going on...Twitch, Discord, Google Cloud, Google, Google Meet, Google Nest, CharacterAI, Etsy, Khan Academy, Google Drive, Google Maps
"I Am Senator Alex Padilla!": Democrat Lawmaker Deported From DHS Press Conference, Placed In Handcuffs Sen. Alex Padilla (D-CA) was physically removed from a DHS press conference and placed in handcuffs on Thursday, after reportedly lunging at Homeland Security secretary Kristi Noem during a press conference in Los Angeles.Watch:BREAKING: California Democratic Senator @AlexPadilla4CA just crashed DHS Secretary Noem’s press conference in LA and was forcibly removed. pic.twitter.com/Q2
LA Riots Hand Republicans Script For Midterms Authored by Philip Wegmann & Susan Crabtree via RealClearPolitics,The masked man on the motorcycle, the one who waved a Mexican flag in front of a torched car as Los Angeles police stood by, will soon be famous. His identity remains unknown, his image iconic – but for all the wrong reasons. Republicans will replay the clip again and again in campaign ads ahead of the midterms. “This lawlessness is exactly what Americans rejected in 2024,”
Thursday’s deadly crash struck at Boeing’s most ambitious and one of its most commercially successful jet programs — a coveted airplane that airlines the world over gladly wait years to receive.
The chip maker unveiled its Instinct MI350 Series GPUs on Thursday as it looks to gain ground in the AI race.
Senators To Propose Ban On Big Pharma Ads As TV Networks Stand To Get Wrecked Senators Bernie Sanders of Vermont and Angus King of Maine, both independents, on Thursday will introduce legislation that would ban pharmaceutical companies from promoting prescription drugs directly to consumers - including through television, radio, print, digital platforms, and social media, the WSJ reports.HHS Secretary Robert F. Kennedy Jr. said when running for president he planned to ban pharmaceutic
There’s one common thread underpinning this year’s race to record highs in all three assets, one analyst said.
New research shows how these overlooked stocks can have big potential — in and out of your retirement investments.
Trump Administration Launches Website For 'Gold Card' Visas Authored by Zachary Stieber via The Epoch Times (emphasis ours),The Trump administration has launched a new website for people interested in so-called gold card visas, which the president has said would grant citizenship in exchange for millions of dollars.President Donald Trump arrives on Capitol Hill in Washington on May 20, 2025. Madalina Vasiliu/The Epoch TimesThe website, trumpcard.gov, says that “the Trump card is comin
FBI Arrests Suspected NGO Face-Shield Foot Soldier In L.A. Riots One day after FBI Director Kash Patel told Just the News, "The FBI is investigating any and all monetary connections responsible for these riots" in Los Angeles. United States Attorney Bill Essayli, a top federal prosecutor in Los Angeles, announced on X that Alejandro Theodoro Orellana was arrested by FBI agents "on an allegation of Conspiracy to Commit Civil Disorders (18 USC 371) for distributing face shields to suspe
Trump Calls Musk A "Friend" While Discussing EV Mandates Update (1338ET): After The Wall Street Journal and The New York Times pushed out headlines on Wednesday suggesting a possible end to the Musk-Trump feud, President Trump confirmed the cooling of tensions by calling Elon Musk a "friend" while speaking to reporters ahead of plans to abolish California's vehicle emissions standards. Trump praised Musk for not demanding any favors ahead of the administration's move to eliminate EV t
Chime’s stock soars in its debut, to extend the streak of IPOs that have witnessed strong investor demand.
Stellar 30Y Auction Stops Through Amid Jump In Foreign Demand After a medicore 3Y auction to start the week, a solid 10Y auction yesterday, jittery traders were left with just one Treasury sale this week, arguably the most challenging one: today's $25BN 30Y auction. In retrospect, there was no reason to worry because demand for today's paper - especially among foreign buyers - was stellar any way you look at it. Let's take a look: starting at the top, the auction priced at a high yiel
Man Who Flew 120 Times For Free By Posing As Flight Attendant Convicted Of Fraud Authored by Katabella Roberts via The Epoch Times (emphasis ours),A man was convicted by a federal jury of wire fraud and entering a secure area of an airport under false pretenses after posing as a flight attendant to obtain dozens of free flights over six years, the U.S. Attorney’s Office for the Southern District of Florida said in a June 10 statement.Planes taxi on the runway at the Fort Lauderdale-Ho
AUKUS-ward If You "Don't Do Geopolitics" By Michael Every of RabobankUS CPI, even weaker-than-expected 0.1% m-o-m headline and core and 2.4% and 2.8% y-o-y, wasn’t the main event. Neither was President Trump again calling for the Fed to cut 100bps at its next meeting to lower US debt-servicing costs (when our Fed-watcher Philip says it will cut 25bps in September, then stop.) Instead - again - it was geoeconomics and geopolitics.The ECB’s Lagarde used a platform at the PBOC to state t
While there are signs of softening, there is “no evidence that the labor market is rolling over,” according to one economist.
Jeff Gundlach has a ton of ideas about where to invest right now, and U.S. markets may be the least of those, he says.
Americans have yet to felt any sting of inflation from the Trump tariffs when they go shopping. Now a new look at wholesale prices suggests the coast might be clear for a while longer.
One analyst worries OpenAI will have trouble reaching its financial goals — and even staying afloat — if conditions shift in the AI market.