Mamdani’s extra charge implementation restarts following court decision

Mamdani's extra charge implementation restarts following court decision

Mamdani Government Appeals Tax Suspension The situation regarding New York City’s contentious pied-à-terre tax has taken a turn. Mayor Zoran Mamdani’s administration is appealing after a judge halted the tax on luxury second homes. Constitutional law expert Jonathan Turley, appearing on Fox News, discussed the legal implications involved in this ongoing battle. On Thursday, the […]

Sen. Rand Paul Guarantees ‘Consequences’ for Fauci’s Decision Not to Testify, Removes Fauci’s ‘Disruptive’ Lawyer

Sen. Rand Paul Guarantees 'Consequences' for Fauci's Decision Not to Testify, Removes Fauci's 'Disruptive' Lawyer

Fauci’s Lawyer Dismissed During Congressional Hearing During a recent session of the Homeland Security and Governmental Affairs Committee, tensions flared when one of Anthony Fauci’s lawyers became disruptive after Chairman Rand Paul (R-Ky.) indicated there would be consequences for Fauci’s choice to avoid answering questions. In his opening remarks, Fauci made it clear he would […]

Senate reaches a unanimous decision to reject the pardon for Ghislaine Maxwell

Senate reaches a unanimous decision to reject the pardon for Ghislaine Maxwell

Senate Unanimously Opposes Pardon for Ghislaine Maxwell On Wednesday, the Senate reached a unanimous agreement that Ghislaine Maxwell, a socialite and convicted sex trafficker, should not receive any form of presidential pardon. This resolution, introduced by Senator Jacky Rosen from Nevada, aims to block the president from granting “pardons, commutations, or any other form of […]

Dow drops 1,150 points amid inflation concerns following Fed interest rate decision

Dow drops 1,150 points amid inflation concerns following Fed interest rate decision

On Wednesday, stocks dropped significantly due to inflation worries after the Federal Reserve opted to keep interest rates steady. Meanwhile, oil prices surged nearly 6% amid fears of a prolonged conflict involving Iran. The Dow Jones Industrial Average declined by 1,150 points, translating to a 2.2% decrease. The S&P 500 and Nasdaq followed suit, falling […]

New Zealand Dollar recovers after Fed decision

New Zealand’s Kiwi is waiting as the RBNZ is constrained by its own interest rate reductions.

The NZD/USD saw a rise to about 0.5790 on Wednesday, bouncing back from an earlier drop as the US dollar took a significant hit following the Federal Reserve’s latest monetary policy update. This currency pair originally declined due to heightened tensions in the Middle East, leading investors to seek safe-haven assets. Concurrently, oil prices surged, […]

Canadian Dollar maintains strength against USD as attention stays on Fed decision

USD/CAD stays around 1.3580 as Loonie strengthens with better PMI results

The USD/CAD exchange rate is projected to stabilize around 1.4100 during the Asian trading hours, as market participants look forward to the results of the FOMC policy meeting happening later this Wednesday. Traders are keen on discovering the US Federal Reserve’s future policy trajectory, which is likely to have a significant impact on short-term movements […]