Wall Street drifts ahead of updates on inflation, profits

Stocks on Wall Street are meandering with little direction on Monday, anticipating updates on inflation trends and corporate earnings in the upcoming week. During morning trading, the S&P 500 inched up by 0.1%, following its second weekly decline in the past eight weeks, the Associated Press reports. The Dow Jones Industrial Average climbed 148 points, or 0.4%, reaching 33,883 as of 10:45 a.m. Eastern time. … Continue reading Wall Street drifts ahead of updates on inflation, profits

American banking landscape on cusp of seismic shift

The whirlwind weekend in late April that witnessed the nation’s largest bank taking control of its most troubled regional lender signaled the conclusion of one set of problems while ushering in a new phase. Following the successful acquisition bid for First Republic, a lender catering to affluent coastal families with $229 billion in assets, JPMorgan Chase CEO Jamie Dimon offered reassuring words that investors had … Continue reading American banking landscape on cusp of seismic shift

Rep. Jamie Raskin says he’s not running for open Senate seat in Maryland

Maryland Representative Jamie Raskin, known for his prominent role in the impeachment proceedings against former President Donald Trump and the investigation into the January 6, 2021, riot, announced on Friday that he will not be running for the U.S. Senate seat that will become available due to the retirement of Senator Ben Cardin. Raskin, currently serving as the top Democrat on the House Oversight and … Continue reading Rep. Jamie Raskin says he’s not running for open Senate seat in Maryland

Grassley claims IRS investigators left out of briefing about Biden family’s alleged criminal scheme

Senator Chuck Grassley (R-IA) alleged in a letter sent on Sunday that Internal Revenue Service (IRS) agents were excluded from a briefing regarding an investigation into an alleged “criminal bribery scheme” involving President Joe Biden and his family. The letter was addressed to United States Attorney for the District of Delaware, David Weiss, who led the investigation into Hunter Biden, the Washington Examiner has reported. … Continue reading Grassley claims IRS investigators left out of briefing about Biden family’s alleged criminal scheme

Yellen bows to China’s vice premier

Treasury Secretary Janet Yellen faced criticism for bowing multiple times during her meeting with China’s vice premier, He Lifeng, with some critics perceiving it as a protocol error indicative of American weakness. Yellen, previously serving as the chair of the Federal Reserve and now occupying a top financial position under President Joe Biden, concluded her first visit to China as treasury secretary on Sunday. Shortly … Continue reading Yellen bows to China’s vice premier

Trump chats with Mel Gibson, Roger Stone, Joe Rogan at UFC fight

At the UFC 290 event on Saturday evening, former President Donald Trump made an appearance, eliciting a lively reaction from the audience. This came amidst a weekend of campaign stops for Trump in Las Vegas and Iowa. During his time at the T-Mobile Arena, Trump engaged in conversations with notable political allies and celebrities, including actors Mel Gibson and Mark Wahlberg, as well as celebrity … Continue reading Trump chats with Mel Gibson, Roger Stone, Joe Rogan at UFC fight

Joe Biden in UK to meet Sunak and King Charles amid Ukraine concerns

US President Joe Biden has arrived in the UK ahead of an upcoming NATO summit in Lithuania. This summit follows concerns expressed by several allies regarding Biden’s decision to send cluster bombs to Ukraine. Countries like the UK and Canada have voiced their apprehension about supplying cluster bombs due to the risks they pose to civilians. The US argues that these bombs are necessary as … Continue reading Joe Biden in UK to meet Sunak and King Charles amid Ukraine concerns

Las Vegas police officer set to go on trial over $165k stolen in 3 casino heists

The trial is scheduled to commence on Monday for a Las Vegas police officer accused of orchestrating a series of casino heists, allegedly stealing approximately $165,000. Prosecutors will portray the officer, Caleb Rogers, 35, as a gambling addict who became increasingly desperate due to overwhelming debts. According to prosecutors, Rogers is accused of carrying out three robberies over a four-month period while armed with a … Continue reading Las Vegas police officer set to go on trial over $165k stolen in 3 casino heists

Marine taken into custody after missing 14-year-old girl found in barracks

Authorities have reported that a Marine was apprehended last month after a 14-year-old girl, who had been reported missing by her grandmother, was found in the barracks of a California base. On June 28, military police at Marine Corps Base Camp Pendleton in Oceanside discovered the teenager, just over two weeks after her grandmother had reported her disappearance to the San Diego County Sheriff’s Department, … Continue reading Marine taken into custody after missing 14-year-old girl found in barracks

Suspect charged with murder in Brooklyn, Queens shooting spree on scooter

In a series of random shootings across Queens and Brooklyn, a gunman on a scooter tragically killed an 86-year-old man and injured three others, as reported by the police. The suspect, identified as Thomas Abreu, 25, was apprehended by law enforcement and subsequently charged with murder, attempted murder, and criminal possession of a weapon. The police recovered a 9mm handgun with an extended magazine as … Continue reading Suspect charged with murder in Brooklyn, Queens shooting spree on scooter

Inmate suspected of homicide escapes from a Pennsylvania jail using bed sheets

A search operation was underway on Saturday, led by local, state, and federal authorities, to locate an escaped inmate described as “very dangerous” who had fled from a jail in northwestern Pennsylvania. The inmate, identified as Michael Burham, 34 years old, managed to escape from the Warren jail by utilizing bed sheets and climbing on exercise equipment to exit through a window, according to officials. … Continue reading Inmate suspected of homicide escapes from a Pennsylvania jail using bed sheets

9 wounded in Cleveland mass shooting

In Cleveland, an individual armed with a gun opened fire on a crowd of people during the early hours of Sunday, resulting in the injury of nine individuals. The assailant subsequently fled the scene. Upon receiving the emergency call, police officers stationed in the city’s historic Warehouse District promptly responded around 2:30 a.m. They provided immediate medical assistance to the victims, who were then transported … Continue reading 9 wounded in Cleveland mass shooting

Russia reports intercepting a missile over annexed Crimea

Authorities installed by Russia in the Crimean peninsula announced on Sunday that they had successfully shot down a cruise missile near the city of Kerch, resulting in a temporary suspension of traffic on the Kerch bridge connecting the annexed region to Russia. Sergei Aksyonov, the governor appointed by Moscow for Crimea, stated that the missile interception carried out by Russian air defenses did not cause … Continue reading Russia reports intercepting a missile over annexed Crimea

Iran moves toward possible atom bomb test in defiance of Western sanctions

Newly obtained European intelligence reports have uncovered evidence suggesting that the Islamic Republic of Iran attempted to circumvent U.S. and EU sanctions in order to acquire technology for its nuclear weapons program, with the intention of eventually conducting an atomic bomb test. The Middle East Media Research Institute (MEMRI) was the first to release translations of these intelligence documents on its website, Fox News reports. … Continue reading Iran moves toward possible atom bomb test in defiance of Western sanctions

UK ‘discourages’ use of American cluster bombs

Rishi Sunak has expressed the UK’s disapproval of the use of cluster bombs following the United States’ decision to send them to Ukraine. President Joe Biden has faced criticism for providing these munitions, which are prohibited by numerous allies due to their history of causing harm and injury to civilians, Sky News reported. The Prime Minister emphasized that the UK, as one of the 123 … Continue reading UK ‘discourages’ use of American cluster bombs

Poland moves troops to eastern border amid Wagner fears

On Saturday, Poland’s defense minister announced that they had initiated the movement of more than 1,000 troops to the eastern part of the country. This decision was made in response to growing concerns within the NATO-member nation regarding the presence of Wagner Group fighters in Belarus, which could potentially escalate tensions along the Polish border, Reuters reports. The relocation offer made by Russian President Vladimir … Continue reading Poland moves troops to eastern border amid Wagner fears

North Korea warns it may shoot down US spy planes violating its airspace

On Monday, North Korea lodged an accusation against the United States, alleging that it had violated its airspace through surveillance flights. The North Korean Ministry of National Defense, represented by an unnamed spokesperson, cautioned that while Pyongyang was currently demonstrating restraint, it might resort to shooting down such flights. According to an official statement reported by the KCNA news agency, the provocative military actions of … Continue reading North Korea warns it may shoot down US spy planes violating its airspace

Special Counsel Jack Smith spent $5.5 million in just four months of investigating Trump

The special counsel leading the federal investigation into former President Trump’s alleged mishandling of sensitive documents has incurred expenses totaling nearly $5.5 million within the initial four months of the probe. The statement of expenditures from November 2022 to the end of March 2023, released by Special Counsel Jack Smith’s office on Friday, provides insight into how taxpayer funds are being utilized in the investigation. … Continue reading Special Counsel Jack Smith spent $5.5 million in just four months of investigating Trump

Biden launches a new push to limit health care costs

On Friday, President Joe Biden unveiled a new set of initiatives aimed at reducing healthcare costs. These measures include a crackdown on fraudulent insurance plans, updated guidance to prevent surprise medical bills, and efforts to alleviate medical debt associated with credit cards. The president’s announcement builds upon previous initiatives designed to curb healthcare expenses. The Department of Health and Human Services released new estimates, indicating … Continue reading Biden launches a new push to limit health care costs

Trump blasts DeSantis in Iowa, says GOP rival ‘despises’ the state’s ethanol

On Friday, former President Donald Trump delivered a speech to thousands of attendees at an arena in the western part of Iowa, marking his largest campaign event in the state in nearly four months. During his appearance in Council Bluffs, Trump took aim at his main GOP competitor, Florida Governor Ron DeSantis, for his opposition to the federal mandate for ethanol, a renewable fuel additive … Continue reading Trump blasts DeSantis in Iowa, says GOP rival ‘despises’ the state’s ethanol

House Oversight Committee Launches Probe into Cocaine at the Biden White House

On Friday, House Oversight Committee Chairman James Comer (R-KY) penned a letter to Secret Service Director Kimberly Cheatle, requesting a briefing on the details surrounding the recent discovery of cocaine in the White House. The committee aims to investigate the incident and gather further information. In the letter, Comer expressed his concern, stating that the presence of illegal drugs within the White House is unacceptable … Continue reading House Oversight Committee Launches Probe into Cocaine at the Biden White House

Special counsel digging into Trump Oval Office meeting in final days of presidency

Special counsel Jack Smith’s team has shown ongoing interest in a tumultuous Oval Office meeting that occurred in the final days of the Trump administration. During this meeting, former President Donald Trump entertained desperate proposals to retain power, despite objections from his White House counsel. According to multiple sources, investigators have questioned several witnesses before the grand jury and during interviews regarding the meeting, which … Continue reading Special counsel digging into Trump Oval Office meeting in final days of presidency

NYC tour bus driver who slammed into city bus gets ticket for running red light

According to the police, a tour bus driver in New York City has received a ticket for running a red light and colliding with a public bus, resulting in 18 people being transported to hospitals. The incident occurred on Thursday evening. Most of the injured passengers sustained cuts, bruises, and scrapes, as reported by EMS Deputy Chief Paul Hopper. In addition to those taken to … Continue reading NYC tour bus driver who slammed into city bus gets ticket for running red light

17-year-old suspect arrested in Baltimore mass shooting that killed 2, wounded 28 

Officials announced on Friday that they have arrested and charged a teenager believed to be involved in a mass shooting at a block party in Baltimore over the holiday weekend, which resulted in the deaths of two individuals and left 28 others injured. The 17-year-old boy was apprehended by members of the homicide and SWAT teams at around 7 a.m. on Friday, following the execution … Continue reading 17-year-old suspect arrested in Baltimore mass shooting that killed 2, wounded 28 

Trial set for a former New Mexico lawmaker accused of racketeering and money laundering

The corruption trial for Sheryl Williams Stapleton, a former high-ranking Democratic state legislator and Albuquerque public school administrator, has been scheduled to commence on January 2, 2024, according to court records. Williams Stapleton faces 28 charges, including racketeering, money laundering, fraud, bribery, and other allegations that came to light in 2021. The state attorney general’s office informed the Santa Fe New Mexican that delays in … Continue reading Trial set for a former New Mexico lawmaker accused of racketeering and money laundering