USD/JPY pulls back as Trump-Powell tensions limit increases
The US dollar has weakened against the Japanese yen, amid focus on the relationship between Trump and Powell. Expectations around interest rates are bolstering USD strength, while political uncertainty creates some fluctuations in USD/JPY. The USD/JPY currency pair has dropped, facing resistance around 149.00. The Japanese yen (JPY) is attempting to regain some of its […]
Trump’s ‘one big beautiful’ bill surpasses the $40,000 limit on the ‘SALT’ deduction. Here’s who gains.
House Republicans Approve Trump’s Tax Bill with SALT Changes House Speaker Mike Johnson (R-LA) was seen talking with Rep. Andy Ogles (R-TN) after a procedural vote on the extensive tax bill in Washington, D.C., on July 2, 2025. Recently, House Republicans passed what President Trump refers to as his “one big beautiful” bill, which notably […]
Family in North Carolina worried that Medicaid reductions will make them limit treatments for their 6-year-old.
Kennedy Bieber’s Treatment and Medicaid Concerns Kennedy Bieber, a 6-year-old from North Carolina, attends treatment sessions at least twice a week after being diagnosed with Noonan syndrome, a genetic disorder that affects development. He is one of approximately 600,000 individuals in the state who could potentially lose healthcare access due to proposed cuts to Medicaid […]
Republicans hinder Democrats’ attempts to limit Trump’s military authority following attacks on Iran’s nuclear facilities.
Senate Rejects Effort to Limit Trump’s Military Actions Against Iran In Washington, attempts by Senate Democrats to inhibit President Donald Trump’s potential escalation of military actions in Iran were few on Friday. A resolution aimed at reaffirming Congress’s authority regarding war powers was blocked by Republicans following recent U.S. strikes on Iranian nuclear sites. Virginia […]
Kaine’s effort to limit Trump’s authority for military action in Iran does not succeed in Senate vote
Senate Democrats Seek to Limit Presidential War Powers Senate Democrats are working to reassert Congress’s war powers, particularly in light of President Donald Trump’s military actions. This initiative follows a contentious vote where Senator Tim Kaine’s resolution to debate the president’s authority to declare war against Iran faced significant resistance in the Senate, primarily along […]
Congress needs to take back its authority and limit Trump’s military actions.
There’s a saying in China: “Those who ride tigers find it difficult to dismount.” Starting a conflict is straightforward; ending it is much tougher. President Trump declared a ceasefire on Monday after conducting air strikes on three Iranian nuclear sites over the weekend. Yet, we find ourselves in quite a bind. War tends to give […]
GBP/USD Price Prediction: Challenges 1.3500, nine-day EMA limit before UK Retail Sales figures
GBP/USD might encounter initial resistance at the 9-day EMA of 1.3501. The 14-day relative strength index remains above 50, supporting the bullish trend. The primary support level is at the bottom of the ascending channel near 1.3410. The GBP/USD pair is moving up for the second session in a row, hovering around 1.3500 during Asian […]
FCC Chairman Brendan Carr Takes Steps to Change Broadcast Regulations to Limit Major Media, Reduce Big Tech Influence, and Support Local Journalism
FCC Chair Aims to Revamp Media Broadcast Rules to Boost Local Journalism FCC Chair Brendan Kerr is working on overhauling the agency’s media broadcasting regulations to support local journalism and address the influence of large tech companies. The FCC plans to release an announcement tonight that will invite public commentary on potential reforms related to […]
Republicans in the SALT Caucus are furious about the $10K limit in the Senate’s major legislation.
Moderate House Republicans from high-tax blue states are in a heated dispute over the Senate’s proposal to maintain the state and local tax (SALT) deduction cap at $10,000. This disagreement highlights one of the more frustrating aspects of the GOP’s major legislation. The release of texts from Senate Republicans on Monday stirred up a lot […]
DBS WWMC reducing 4 mpd limit to S$1,000 a month starting August 2025
The DBS Woman’s World MasterCard (WWMC) is set to change its online rewards structure, effective August 1, 2025, cutting the maximum monthly earnings to 4 MPD for the first $1,000 in spending. This marks a significant 33% reduction from previous allowances. This latest revision is disappointing for dedicated US cardholders. The bank’s recent announcement indicates […]