Tether Announces $4.9 Billion Profit for Q2, CEO Hints at U.S. Expansion
Simply put Tether announced a second-quarter profit of $4.9 billion. CEO Paolo Ardoino hinted at a new venture tailored for the US market. The stablecoin continues to have backing from Bitcoin and precious metals. Tether shared its second-quarter profit of $4.9 billion on Thursday. CEO Paolo Ardoino hinted at a new venture focused specifically on […]
Flooding in NYC captures semi-truck, inundates several vehicles on Queens highway as Governor Hochul announces state of emergency
The highway in Queens remained submerged on Thursday afternoon, trapping a semi-truck and three cars. This prompted Governor Hochul to declare a state of emergency for the Big Apple as heavy rain soaked the area. Emergency services from the FDNY and NYPD rushed to the ClearView Expressway near North Boulevard around 2:45 p.m. after reports […]
Karoline Leavitt Announces Start of Construction for New State Ballroom at the White House
New White House Ballroom Construction Announcement The White House revealed on Thursday plans to start building a new state ballroom capable of accommodating 650 guests. This upcoming ballroom will span 90,000 square feet and is designed to be a significant upgrade from the current East Room, which can seat 200 people. Construction is set to […]
Microsoft Announces Impressive Q2 Results, Stock Rises
Microsoft Reports Strong Second Quarter Earnings Microsoft has disclosed impressive earnings for the second quarter, showcasing a revenue growth of 18.1% from the previous year, reaching $764.4 billion. Their GAAP earnings stood at $3.65 per share, which was 8% higher than what analysts had forecasted. But the real question is—should you consider investing in Microsoft […]
IRS leader expresses indifference towards Direct File, announces intention to terminate free filing program.
IRS Ends Direct File Program The Internal Revenue Service, led by Commissioner Bill Long, has decided to discontinue its direct file program following a limited pilot and a full filing season. This move is part of legislation passed under President Donald Trump’s substantial spending and policy bill, which aims to fund various investigations and will […]
Copper futures drop as the White House announces refined metal is not subject to 50% tariffs
Copper Futures Surge Following Tariff Announcement Copper futures saw dramatic increases, soaring up to 19% on Wednesday after the Trump administration’s announcement of a new directive. This directive will impose a hefty 50% tariff on industrial metals, but interestingly, sophisticated copper used across various industries will be exempt from these tariffs. After the announcement, however, […]
Kamala Harris announces she will not be running for governor of California
Former VP Harris Won’t Run for California Governor Former Vice President Harris announced on Wednesday that he has decided against running for governor of California in 2026. This puts an end to the buzz surrounding his potential candidacy following his loss to President Trump in November. “Over the last few months, I’ve seriously considered asking […]
Greene announces she will not run for governor of Georgia
Rep. Marjorie Taylor Greene (R-Ga.) announced on Tuesday that she will not be seeking the governorship of Georgia in 2026, which puts an end to the speculation that has lingered for quite some time. In a lengthy post on the social media platform X, Greene addressed the “constant rumors” regarding her political plans. “If I […]
Trump announces US support for ‘food centers’ in Gaza
President Trump announced on Monday that the United States plans to take a more active role in addressing the food crisis in Gaza, amid the ongoing humanitarian situation. During a meeting with British Prime Minister Kiel Starmer, Trump mentioned the establishment of a “food center” in Gaza. However, he didn’t clarify whether this would involve […]
Social Security announces important choice for those who get paper checks.
New Developments for Social Security Recipients Good news has arrived for Americans receiving Social Security benefits who prefer not to use e-banking. Recently, Senator Elizabeth Warren (D-Mass.) announced that the Social Security Administration (SSA) will no longer enforce an order aimed at discontinuing paper checks for benefit payments. Back on July 14th, the SSA had […]