Gold extends losses to more than 3% after crucial inflation report

Gold futures fell more than 3.5% on Tuesday, dropping below $4,200 per ounce as the U.S. dollar strengthened. The decline followed a hotter-than-expected May inflation report, which raised expectations that the Federal Reserve could keep rates higher for longer or even hike again. Analysts said rising inflation and tighter monetary policy are making gold less attractive since it does not yield interest. Gold has also … Continue reading Gold extends losses to more than 3% after crucial inflation report

Consumer prices rose 4.2% annually in May, highest in three years

Inflation rose in May, with the Consumer Price Index increasing 0.5% for the month and 4.2% over the past year, driven largely by higher energy prices. Core inflation, which excludes food and energy, rose more modestly at 0.2% monthly and 2.9% annually, suggesting underlying price pressures remain softer. Energy costs surged 3.9% in May and are up sharply over the past year, while food and … Continue reading Consumer prices rose 4.2% annually in May, highest in three years

Trump says he may not renew USMCA with Mexico and Canada

President Trump said he may not renew the USMCA trade agreement between the United States, Mexico, and Canada when it comes up for review, arguing the deal should be reconsidered or possibly ended. He said the U.S. does not need goods from Canada or Mexico and pointed to trade deficits with both countries as a concern. The USMCA, which replaced NAFTA, is set for automatic … Continue reading Trump says he may not renew USMCA with Mexico and Canada

House passes pro-union bill after 20 Republicans defy party

House Democrats, joined by several Republicans, successfully bypassed GOP leadership to advance the Faster Labor Contracts Act through a discharge petition, forcing a House vote on the bill. The legislation passed 230–193 with support from 20 Republicans and aims to speed up first contract negotiations between employers and newly formed unions. It would require negotiations to begin within 10 days of a union’s request and … Continue reading House passes pro-union bill after 20 Republicans defy party

ActBlue CEO pleads the Fifth in House hearing on alleged foreign donations

ActBlue CEO Regina Wallace-Jones refused to answer questions during a House committee hearing, invoking her Fifth Amendment right amid allegations involving foreign campaign donations. She had previously stated she would not participate in the hearing, calling the investigation politically motivated and an overreach of congressional authority. Wallace-Jones and other Democrats argue the probe is retaliation against ActBlue, while calling for scrutiny of Republican fundraising platform … Continue reading ActBlue CEO pleads the Fifth in House hearing on alleged foreign donations

Search expands for a teenage girl swept into the ocean in Southern California

A search is underway for a teenage girl who was swept into the ocean by a large wave while walking with her family at Treasure Island Beach in Laguna Beach, California. Her mother and brother were rescued and are in stable condition, while a bystander who helped also needed to be saved from dangerous surf. Officials have expanded the search using divers, boats, and air … Continue reading Search expands for a teenage girl swept into the ocean in Southern California

FBI seizing evidence at California plant where chemical tank overheated

Federal authorities executed a search warrant at a Southern California aerospace facility after a chemical tank overheated last month, triggering the evacuation of about 50,000 residents. The FBI searched GKN Aerospace in Garden Grove, where agents were authorized to seize records and samples related to methyl methacrylate storage and handling. The warrant also covers documents on cooling systems and other equipment used to regulate the … Continue reading FBI seizing evidence at California plant where chemical tank overheated

Accused Palisades Arsonist Resented the Wealthy, Prosecutor Says

Federal prosecutors say Jonathan Rinderknecht deliberately set a wildfire in Los Angeles driven by anger, resentment toward the wealthy, and a desire for revenge against society. The fire later became the destructive Palisades blaze, which killed 12 people and destroyed thousands of homes after reigniting and spreading in strong winds. His defense argues the fire may have started accidentally while he was on a hillside … Continue reading Accused Palisades Arsonist Resented the Wealthy, Prosecutor Says

Jake Lang arrested again in North Texas on terroristic threat charge, held on $1M bond

Jake Lang was arrested in North Texas for the second time in a week, this time on suspicion of making a terroristic threat, according to jail records. He was taken into custody in Frisco after dining at a restaurant and booked into the Dallas County Jail on a $1 million bond. Authorities say the charge involves allegations of threatening conduct that caused public fear and … Continue reading Jake Lang arrested again in North Texas on terroristic threat charge, held on $1M bond

Vance Boelter expected to plead guilty to federal charges in Minnesota lawmaker shootings

Vance Boelter, accused of a deadly 2025 attack on Minnesota lawmakers, is expected to plead guilty to federal charges in court Thursday. He previously pleaded not guilty to six federal counts, including stalking, murder, and firearms violations tied to the June 14 shootings. The attack killed former House Speaker Melissa Hortman and her husband and wounded state Sen. John Hoffman and his wife. Federal prosecutors … Continue reading Vance Boelter expected to plead guilty to federal charges in Minnesota lawmaker shootings

Hong Kong charges 7 people and 2 firms over massive fire that killed 168

Hong Kong authorities have charged seven individuals and two construction-related companies over a deadly apartment fire that killed 168 people in November 2025. The suspects face 25 charges, including manslaughter, conspiracy to defraud, money laundering, tax evasion, and attempting to obstruct justice. The companies involved were linked to renovation work being carried out at Wang Fuk Court when the fire occurred. Among those charged are … Continue reading Hong Kong charges 7 people and 2 firms over massive fire that killed 168

Mass shooting by multiple attackers leaves at least dozen dead, 9 wounded in South Africa

At least 12 people were killed and nine injured when more than 10 gunmen carried out a late-night shooting in an informal settlement near Johannesburg, South Africa. Police said the attackers arrived in a minibus, opened fire at multiple locations, and then fled the scene. Authorities suspect the massacre may be linked to organized criminal gangs involved in illegal mining or other illicit activities, although … Continue reading Mass shooting by multiple attackers leaves at least dozen dead, 9 wounded in South Africa

Pakistani airstrikes kill at least 13 in Afghanistan, Taliban says

Pakistan carried out airstrikes in eastern Afghanistan on Wednesday, escalating months of cross-border conflict between the two neighbors. Afghanistan’s Taliban government said the strikes killed 13 civilians, including 11 children, while Pakistan said it targeted militant hideouts and killed 26 militants. The attacks ended more than a month of relative calm following repeated clashes and failed peace talks. Pakistan accuses Afghanistan of sheltering the Pakistani … Continue reading Pakistani airstrikes kill at least 13 in Afghanistan, Taliban says

3 Indian sailors killed in U.S. strike on oil tanker, minister says

Three Indian sailors were killed in a U.S. airstrike on the Palau-flagged tanker Settebello, which Washington said violated its blockade on Iranian oil exports. The U.S. military stated that it targeted the vessel’s engine room after the crew repeatedly ignored instructions from American forces. India confirmed the deaths, lodged a strong protest with the U.S., and summoned the U.S. deputy chief of mission. The incident … Continue reading 3 Indian sailors killed in U.S. strike on oil tanker, minister says

Police use water cannon against rioters in Northern Ireland

Police used water cannon to disperse around 300 rioters in Northern Ireland during a second night of anti-immigration unrest near Newtownabbey. Protesters burned vehicles, built barricades, and threw bricks and petrol bombs, while smaller disturbances were also reported in Derry and Coleraine. The violence followed a knife attack in north Belfast, although several planned protests failed to materialize and a demonstration at Stormont remained peaceful. … Continue reading Police use water cannon against rioters in Northern Ireland

NASA names 4 astronauts on the ‘highly complex’ Artemis III lunar training mission

NASA has announced the international four-person crew for its upcoming Artemis mission, a key test flight ahead of future human lunar landings. The mission will be commanded by veteran astronaut Randy Bresnik, with European astronaut Luca Parmitano as pilot, and NASA astronauts Frank Rubio and Andre Douglas serving as mission specialists. Artemis III will focus on testing the Orion spacecraft’s ability to rendezvous and dock … Continue reading NASA names 4 astronauts on the ‘highly complex’ Artemis III lunar training mission

Amazon unveils latest warehouse robot as tech giants continue AI layoffs

Amazon has introduced its next-generation warehouse robot, Proteus, which can respond to workers using conversational, natural language to move and transport goods. The autonomous robot is already in use in some U.S. facilities and will expand to Europe in the coming years as part of Amazon’s broader investment in automation and AI. The company says the technology will improve efficiency and create new kinds of … Continue reading Amazon unveils latest warehouse robot as tech giants continue AI layoffs

GM to offer EV owners ability to sell power to US electricity grid

General Motors is rolling out a software update that allows some U.S. electric vehicle owners to send electricity from their cars back to the power grid, expanding its existing vehicle-to-home energy system. The feature could let drivers sell excess energy to utilities during peak demand, though GM will take a share of the payments and usage may depend on whether drivers want to keep their … Continue reading GM to offer EV owners ability to sell power to US electricity grid

Social Security’s retirement trust fund faces funding shortfall earlier than expected

A new federal report warns that Social Security’s retirement trust fund will run short of full funding by 2032, one year earlier than previously projected, while Medicare’s hospital insurance fund is expected to be depleted in 2033. After those dates, both programs would still pay benefits, but only at reduced levels due to insufficient revenue. The worsening outlook is driven by rising healthcare costs and … Continue reading Social Security’s retirement trust fund faces funding shortfall earlier than expected

Trump says that Iran deal is only ‘days’ away, despite recent strikes

U.S. President Donald Trump said a deal to end the Iran conflict could be reached within “two or three days,” with the Strait of Hormuz reopening once an agreement is finalized. He claimed negotiations are in their final stages and would prevent Iran from obtaining nuclear weapons, while White House officials said talks are progressing quickly and “going very well.” However, fighting between Israel and … Continue reading Trump says that Iran deal is only ‘days’ away, despite recent strikes

Republican Gov. Joe Lombardo to face off against Democrat Aaron Ford in Nevada’s race for governor

Nevada Gov. Joe Lombardo, a Republican, and Attorney General Aaron Ford, a Democrat, have won their primaries, setting up a closely watched general election for governor. Lombardo is seeking a second term after narrowly winning in 2022, while Ford aims to become Nevada’s first Black governor. The race is expected to be highly competitive in a key swing state where Democrats are targeting Lombardo over … Continue reading Republican Gov. Joe Lombardo to face off against Democrat Aaron Ford in Nevada’s race for governor

Republican Steve Hilton to face Democrat Xavier Becerra in California governor’s race

Former Fox News host Steve Hilton has advanced to California’s gubernatorial general election and will face former Health and Human Services Secretary Xavier Becerra. Both candidates emerged from a crowded “top-two” primary system in which the leading vote-getters advance regardless of party. Becerra led the field with about 28% of the vote, while Hilton followed closely with roughly 25% as ballots continued to be counted. The race highlights … Continue reading Republican Steve Hilton to face Democrat Xavier Becerra in California governor’s race

Graham Platner shrugs off scandals to win Maine Democratic Senate primary

Graham Platner, a Marine veteran and oyster farmer, won the Democratic nomination for U.S. Senate in Maine despite significant personal controversies and a lack of prior elected office. His campaign emphasized economic populism, anti-establishment messaging, and themes of redemption, resonating with voters focused on cost-of-living concerns. Throughout the race, Platner faced scrutiny over past misconduct allegations, controversial posts, and personal behavior, which he acknowledged while … Continue reading Graham Platner shrugs off scandals to win Maine Democratic Senate primary

Nancy Mace blames Epstein files backlash as she concedes in South Carolina governor’s race

Trump-backed Pamela Evette and South Carolina Attorney General Alan Wilson advanced to a Republican gubernatorial runoff after a crowded primary field. The winner is expected to have a strong advantage in the general election in the heavily conservative state, where Democrat Jermaine Johnson will be the nominee. The race marked a significant defeat for Congresswoman Nancy Mace, who blamed her loss in part on her … Continue reading Nancy Mace blames Epstein files backlash as she concedes in South Carolina governor’s race

Nick Reiner seeks trust fund money for parent murder defense

Nick Reiner, son of filmmaker Rob Reiner, is seeking access to a $1.5 million trust fund set up by his parents while he faces murder charges in their deaths. Court documents say the trust was meant to provide him funds starting at age 30, but he claims he has been unable to access it since his arrest in December. Reiner has pleaded not guilty to … Continue reading Nick Reiner seeks trust fund money for parent murder defense