Public Broadcasting Corporation Closes Down After Trump and Congress Cut Its Funding
Corporation for Public Broadcasting Disbands Following Funding Cuts The nonprofit, primarily funded by taxpayers and responsible for supporting PBS and NPR, announced on Monday that it would permanently dissolve. This decision comes five months after initially revealing plans to close amid funding reductions initiated by President Trump and Congress. The Corporation for Public Broadcasting (CPB) […]
Rubio plans to cut billions in foreign aid to the ‘NGO industrial complex’
US to Rethink Foreign Aid Strategy U.S. Secretary of State Marco Rubio announced a significant shift in how foreign aid funds will be allocated. The government will no longer route these funds through non-governmental organizations (NGOs), a decision influenced by ongoing concerns about fraud and inefficiency associated with these groups. Rubio indicated that while the […]
Chinatown mother’s killer entered drug program to cut 90% of earlier prison sentence
A man accused of brutally killing his elderly mother in Chinatown just before Christmas has been placed in a drug rehabilitation program that significantly shortened his sentence, despite his history of multiple arrests and a diagnosis of schizophrenia, according to reports. Wei Hou, originally from China, received a two-year prison sentence in June 2025 for […]
GBP/USD rises slightly above 1.3500, looks at Fed rate cut expectations
GBP/USD experienced an uptick after a down opening, trading around 1.3510 during Monday’s Asian hours. The rise seems to stem from challenges facing the US dollar, possibly linked to rising expectations that the Federal Reserve might lower interest rates twice more in 2026. Market participants will likely focus on the Federal Open Market Committee (FOMC) […]
These blue states are preventing Trump’s popular tax cut measures.
Tax Break Legislation Stalls in Blue States WASHINGTON — Only eight states are progressing with plans to implement tax breaks under President Trump’s significant 2026 bill. Meanwhile, some blue states are holding back on tax exemptions for tips and overtime, as experts have noted. Democratic-leaning states like New York, Illinois, and California have opted not […]
Hailey Bieber returns to a short hairstyle with a fresh bob cut
Hailey Bieber’s New Bob Style Hailey Bieber has made a comeback with her bob hairstyle. The 29-year-old model flaunted a fresh collarbone-length bob over the weekend, reminiscent of ’90s supermodel Christy Turlington. Celebrity hairstylist Justin Marjan shared a selfie in a mirror, highlighting her new cut on Instagram. Marjan captioned the post with “Chop chop […]
Japanese Yen rises close to 156.00 as expectations grow for a Fed rate cut and a BoJ rate increase
In early trading in Asia on Monday, the USD/JPY pair was down, hovering around 155.75. The U.S. dollar has lost ground against the Japanese yen, largely due to predictions that the Federal Reserve might lower interest rates in the coming year. Federal Reserve President Stephen Milan and New York Fed President John Williams are set […]
The Fed’s December Rate Cut Could Surprise Social Security Retirees with a COLA Adjustment
The Federal Reserve reduced interest rates by 0.25% in December 2025, with a 9-3 vote, indicating that further cuts might not be immediate. Initial estimates suggest that Social Security cost-of-living adjustments (COLAs) in 2027 could range between 2.3% and 2.6%. A 2.3% COLA would mark the smallest increase since 2020. If you’re contemplating retirement or […]
Bitcoin Experiences Less Selling Pressure Following Fed’s FOMC Meeting Decision to Cut Rates
Market Pressures on Bitcoin The current situation in the Bitcoin market indicates a decline in foreign currency deposits, largely due to significant investors and short-term holders realizing losses. Right now, the Bitcoin market is feeling the heat after a stretch of heavy selling by investors. This selling wave has put downward pressure on prices, which […]
Fed Rate Cut Sparks Bitcoin Recovery as Bulls Anticipate Further Gains
Modest Gains in Cryptocurrency Markets Following Fed Actions Cryptocurrency markets experienced slight gains after the U.S. Federal Reserve made adjustments to interest rates, leading traders to look for clearer trends. Reports indicate that the Fed reduced interest rates by a cumulative 0.75% across three cuts from September to December—a move that was anticipated. However, the […]