Richard Nixon helped helped Ronald Reagan pass tax cuts
Among the political insiders is Ken Khachigian. A longtime aide to President Richard Nixon and chief speechwriter for President Ronald Reagan, Khachigian was present at some of the key moments in U.S. history. His new book, “Behind Closed Doors: In the Room with Reagan & Nixon” (Post Hill Press, July 23), offers readers unprecedented access. […]
EUR/USD holds position around 1.0800 as softer US data escalate odds of Fed rate cuts – FXStreet
EUR/USD is rising as the US Dollar struggles due to growing expectations of a Fed interest rate cut in 2024. The U.S. ISM Services PMI fell to 48.8 in June, the biggest drop since April 2020. The euro could be volatile as the second round of the French election approaches this Sunday. EUR/USD continued its […]
Brandon Nimmo slips in hotel room, cuts forehead in Mets calamity
The rising Mets faced an injury crisis ahead of their series against the Nationals when manager Carlos Mendoza said Brandon Nimmo slipped and cut his forehead in his hotel room while going to the bathroom in the middle of the night. The outfielder immediately contacted the team trainer and was examined at a hospital on […]
Trump puts Biden on defense for Medicare Advantage cuts
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Record-breaking NYC budget reverses controversial cuts
A $112.4 billion budget was agreed to on Friday by New York City mayor Eric Adams and the head of the city council. The agreement included $800 million more in spending than Adams’ most recent proposal in April. The two sides were able to avoid many controversial cuts to libraries, cultural institutions and early childhood […]
$111B NYC budget deal to reverse most of Eric Adams’ proposed cuts
Mayor Eric Adams and City Council Speaker Adrienne Adams reached a handshake deal on Friday on a more than $111 billion budget that would reverse most of the cuts the mayor has pushed through in recent months, sources familiar with the matter told The Washington Post. The two men, who have been at odds over […]
Bloodbath at Paramount as Studio Announces $500M in Cuts
Paramount plans to soon sell off part of its studios, cut $500 million in expenses, and begin cutting jobs. Paramount’s three co-CEOs — Brian Robbins, who runs the film studio, Chris McCarthy, who is in charge of Showtime and MTV, and George Cheeks, who oversees CBS — gathered about 500 employees on the campus on […]
Southwest cuts revenue outlook despite booming summer travel
Southwest Airlines, already under pressure from hedge funds after disappointing earnings, said Wednesday that a key profit margin will be lower than expected due to changes in how consumers book travel. The airline said it still expects second-quarter revenue to reach a record high. But Southwest said revenue per seat mile flown, a closely watched […]
Jho Low cuts $100M DOJ deal to forfeit Warhol, Monet paintings
A fugitive Malaysian tycoon who once partied with Leonardo DiCaprio, Paris Hilton and Usher has struck a $100 million deal with the federal government to settle two lawsuits alleging he used embezzled funds to buy luxury art. US authorities said Jho Lo, who is believed to now be living in China, agreed to hand over […]
Fed’s Bowman Sees No Cuts This Year, Warns of Possible Rate Hike
Bowman issues warning to rate cutters Market remains most underestimated risk Federal Reserve Rate Hikes. The Federal Funds futures market The Federal Reserve is almost certain to cut interest rates They see a 94% chance of at least one rate cut by the end of the year and a 65% chance of two cuts by […]