U.S. District Judge Aileen Cannon recently granted former President Donald Trump’s request for further briefing regarding presidential immunity in the Mar-a-Lago classified documents case. This decision comes in the wake of the Supreme Court’s ruling that Trump has immunity from prosecution for certain actions taken during his time as president, specifically in the federal election
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In a surprising turn of events, Tesla’s stock price has managed to recoup all of its losses for the year and even saw a significant gain of 27% in just one week. This remarkable surge comes after a tumultuous period for the electric vehicle maker, where its stock price plummeted to as low as $138.80
The world of competitive eating witnessed a significant shift during this year’s Nathan’s Hot Dog Eating Contest with Patrick Bertoletti claiming the top spot. The 39-year-old from Illinois devoured an impressive 58 hot dogs in the 10-minute event, securing the coveted Mustard Yellow Belt in the men’s category. Additionally, Miki Sudo made history by setting
Federal Reserve officials recently held a meeting in June where they discussed the current state of inflation and interest rates. The meeting minutes, released on Wednesday, revealed that while there was some improvement in inflation, it was not deemed sufficient for the officials to consider lowering interest rates. The participants highlighted the need for additional
Tariffs have long been a tool used by politicians to protect domestic industries and punish foreign producers. Both President Joe Biden and former President Donald Trump have utilized tariffs to shape trade policy and generate revenue for the United States. However, despite the political appeal of tariffs, the economic implications for American consumers are significant.
Boeing recently announced its decision to acquire Spirit AeroSystems in an all-stock deal. This move comes in the wake of a series of quality control issues that have plagued Boeing over the years. While Boeing believes that acquiring Spirit will help improve safety and streamline production processes, it is important to critically analyze this decision
The United States has set ambitious goals for wind power generation by 2030, with the Biden administration aiming to generate 30,000 megawatts of wind power within the next five and a half years. However, the nation is currently producing less than 1% of the desired wind power. The key to catching up lies in the
In the wake of Joe Biden’s lackluster debate performance against Donald Trump, former President Barack Obama took to social media to try to mitigate the damage. Obama acknowledged that “bad debate nights happen,” drawing on his own experiences. However, he emphasized that the upcoming election is a choice between a candidate who has a long
The latest economic measure released by the Federal Reserve indicates that inflation during May has slowed down significantly, reaching its lowest annual rate in over three years. The core personal consumption expenditures price index saw a modest increase of just 0.1% for the month, while it was up 2.6% from a year ago. This figure
The latest economic report from the Commerce Department could bring some positive news on the inflation front. The personal consumption expenditures price index, a key measure closely monitored by the Federal Reserve, is expected to show minimal, if any, monthly increase for the month of May – a first since November 2023. Even more significant