Relatively healthy earnings reports from the big banks and a June inflation report that came in line with analyst expectations didn’t give the stock market much of a lift, as the S&P 500 ($SPX) and…
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Politics
Trump accuses ‘scam artist’ Schiff of lying about Maryland home to commit mortgage fraud
by adminPresident Donald Trump launched a blistering attack on Sen. Adam Schiff, D-Calif., Tuesday morning, amplifying 2024 claims that Schiff committed mortgage fraud by lying about his primary residence for over a decade, which the senator…
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Politics
House GOP subpoenas Biden aide to testify about former president’s concerning mental fitness
by adminHouse Oversight Committee Chairman James Comer, R-Ky., issued a subpoena to have former President Joe Biden’s deputy chief of staff appear before the committee on Friday to provide testimony regarding her former boss’s mental state…
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Politics
Democrats capitalize on GOP Jeffrey Epstein fallout with new demands for Jim Jordan
by adminDemocrats on the House Judiciary Committee are seizing on Republican fractures over the Jeffrey Epstein case, demanding a public hearing on the issue. A letter from Democrats states, ‘To that end, we request that the…
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Politics
Senate GOP agree to strip cuts to HIV, AIDS prevention program from Trump’s clawback bill
by adminSenate Republicans agreed to make changes to President Donald Trump’s multi-billion-dollar clawback package to help win over holdouts, but by shrinking the overall size of the cuts in the process. Lawmakers left a meeting with…
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Politics
National security experts raise concerns after Microsoft program exposed as possible avenue for Chinese spying
by adminA new ProPublica report accused Microsoft of allowing China-based engineers to assist with Pentagon cloud systems with inadequate guardrails in an effort to scale up its government contracting business, raising espionage concerns from national security…
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Politics
Senate GOP blows through 2nd hurdle of the night, teeing up Trump’s clawback bill for hourslong debate
by adminSenate Republicans again coalesced behind President Donald Trump’s multibillion-dollar spending clawback package and propelled the legislation through its final procedural hurdle, again with the aid of Vice President JD Vance. Lawmakers will now go back…
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Politics
Huckabee demands Israel ‘aggressively investigate’ murder of Palestinian-American killed in ‘terrorist act’
by adminThe U.S. ambassador to Israel, Mike Huckabee, on Tuesday called on Israeli authorities to ‘aggressively investigate’ the killing of Sayfollah Musallet, a 20-year-old Palestinian-American who was reportedly beaten to death by a gang of extremist…
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President Donald Trump’s clawback of billions in funding for foreign aid and public broadcasting narrowly passed through its first hurdle in the Senate, but it still faces a rocky road ahead with dissent among the…
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Politics
‘It’s sort of scary’: Officials flag surprising revelations from deep State Department cuts
by adminWhen senior State Department officials set out to trim the agency in the ‘biggest reorganization since the Cold War,’ they couldn’t get a total headcount on employees — for months, they say. ‘It took us three…