During a meeting with House Republicans, former President Donald Trump made controversial remarks about Milwaukee, the host city of the 2024 Republican National Convention. Trump referred to Milwaukee as a “horrible” city and claimed that it is plagued with crime. These comments sparked a backlash from Democrats and led to a flurry of responses from
Politics
The Biden administration is moving swiftly to nominate new leadership for the Federal Deposit Insurance Corporation (FDIC) in the wake of widespread misconduct allegations at the top banking regulator. Christy Goldsmith Romero, currently a Democratic commissioner at the Commodity Futures Trading Commission, is set to replace Martin Gruenberg as the new FDIC chair. The nomination
The recent inflation report in the United States has brought some positive news for President Joe Biden. The report indicated that consumer prices did not increase in May compared to April, a significant development since 2022. President Biden acknowledged this progress, stating that while prices are still high, the report shows a welcome decrease in
The federal corruption trial of Senator Robert Menendez, D-N.J., has taken an interesting turn as defense attorneys focused on scrutinizing the credibility of the star witness, Jose Uribe. Uribe, one of three New Jersey businessmen originally charged in the case, flipped in early March, pleading guilty and agreeing to cooperate with prosecutors in exchange for
At the start of the trading day, investors were met with a slight downturn in stock futures following a successful week in the market. The Dow Jones Industrial Average futures experienced a 0.2% decrease, while S&P 500 futures and Nasdaq 100 futures saw minimal declines. Particularly notable was the drop in Nvidia stock, which has
French President Emmanuel Macron recently announced that he would dissolve the country’s parliament and call for a new legislative nationwide vote following a heavy defeat at the EU elections. Macron’s Renaissance party received only 15.2% of the vote, while Marine Le Pen’s far-right National Rally (RN) is set to win around 31.5%, according to exit
Former President Donald Trump has recently made claims that the price of insulin was lowered during his administration and not under the leadership of President Joe Biden. Despite acknowledging that the price of insulin is lower under Biden, Trump still wants credit for the policies put in place during his term. These claims are part
Donald Trump’s recent statement about imposing tariffs on countries that do not control the flow of undocumented immigrants into the United States is yet another example of his unsubstantiated claims and empty threats. While addressing the audience in Arizona, he failed to provide any concrete details about the size or scope of the tariffs he
In the upcoming European Union elections, analysts predict a shift towards more protectionist policies due to the growing support for far-right parties across the 27 member states. This shift is expected to lead to fewer climate targets and an increase in defense spending. The implications of this election outcome extend beyond the borders of Europe,
Former President Donald Trump is set to attend a closed-door meeting with the Business Roundtable, one of the most influential business lobbying groups in Washington. This move signifies Trump’s efforts to establish connections with major corporate leaders as he navigates his way back into the political landscape. The event, scheduled for June 13 in Washington,