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Wealthy individual: US credit downgrade does not fully reflect the dangers of government debt

Billionaire Ray Dalio has expressed strong feelings regarding Moody’s recent downgrade of the U.S. credit rating, suggesting that it fails to fully capture the risks associated with government debt. Moody’s revised the country’s rating from Triple A to Double A just before the GOP’s spending bill announcement. “When you downgrade U.S. debt, it’s important to […]

Khanna fully supports Trump’s drug pricing proposal

Rep. Khanna Supports Trump’s Drug Price Initiative Rep. Ro Khanna, a Democrat from California, has introduced a bill that aligns with former President Trump’s executive order aimed at reducing prescription drug prices in the U.S. He expressed his willingness to collaborate with the Biden administration and House Republicans to advance this legislation. Last week, Trump […]

US stocks have fully regained all their historic Liberation Day losses.

Market Recovery Amid US-China Trade Developments Stocks have bounced back from earlier losses following President Donald Trump’s “Liberation Day” tariffs. Investors reacted positively on Monday to news of progress in trade negotiations with China. Trading opened on Sunday with major stock indexes seeing significant gains as a result. The S&P 500 had dropped about 12% […]

Israeli minister states Gaza needs to be fully destroyed.

Right-wing Israeli ministers assert that there can be no victory over Israel until Gaza is “completely destroyed” and Palestinians are pushed to other countries. During a meeting on Jewish settlements in the West Bank on Tuesday, Israeli Finance Minister Bazarel Smotrich shared his views. Although he holds a significant position, his statements do not reflect […]

Trump ‘Fully Expects All House Republicans to’ Back Spending Bill

WASHINGTON – White House spokesman Caroline Leavitt said President Donald Trump “fully expects all House Republicans to support the ongoing resolution (CR).” Levitt held a press conference on Tuesday. Trump called for a major challenge to Rep. Thomas Massey (R-KY) after refusing to support House Republican CRs to avoid government shutdowns. The house is setting […]

Last Hamptons wildfire believed to be fully contained, but hot-spot dangers linger

The end of the four Long Island wildfires that erupted on the edge of Hampton over the weekend and burned 600 acres, but still a small hot spot could reignite, officials warned Sunday. The final flame, which had 80% included by Saturday night, is now considered 100% containment, but firefighters still leaned towards some small […]