U.S. created only 73,000 jobs in July, with earlier figures adjusted downward.
US Job Growth Slows in July Amid Rising Unemployment The pace of non-farm job growth in the US fell below expectations in July, with unemployment rates increasing and indications of potential challenges in the labor market. Employment added only 73,000 jobs for the month, which is an improvement over the 14,000 jobs added in June, […]
Iran Seeks U.S. to Provide ‘Compensation’ for Upcoming Discussions
Iran’s Foreign Minister Discusses US Airstrikes and Compensation Iranian Foreign Minister Abbas Araguchi has reiterated a request for the US to offer some form of “compensation” related to attacks on Iran’s nuclear facilities. He emphasized that Iran has no intention of resuming negotiations with Western nations. The Iranian regime frequently calls for “compensation” from the […]
Trump urges 17 drug companies to promise they will lower prescription prices in the U.S.
Trump Pressures Drug Companies to Lower Prices President Donald Trump has reached out to the CEOs of 17 major pharmaceutical companies, including well-known names like Pfizer, Johnson & Johnson, and Eli Lilly. The purpose of these letters, sent on Thursday, is to push for drug prices that align more closely with the lowest prices available […]
Tether Announces $4.9 Billion Profit for Q2, CEO Hints at U.S. Expansion
Simply put Tether announced a second-quarter profit of $4.9 billion. CEO Paolo Ardoino hinted at a new venture tailored for the US market. The stablecoin continues to have backing from Bitcoin and precious metals. Tether shared its second-quarter profit of $4.9 billion on Thursday. CEO Paolo Ardoino hinted at a new venture focused specifically on […]
SEC launches ‘Project Crypto’ to integrate U.S. financial markets with blockchain technology
SEC Launches Project Crypto for Enhanced Regulations On Thursday, the Securities and Exchange Commission (SEC) unveiled Project Crypto, an initiative aimed at updating securities rules to better accommodate cryptocurrency transactions. SEC Chair Paul Atkins emphasized the need for these changes, stating, “To fulfill President Trump’s vision of making America the world’s capital, we need to […]
Introducing the Chinese ‘Congressman’ Alleged to Have Abused 21 Children in U.S. Surrogacy Case
A recent study revealed that a man, who drew police scrutiny for allegedly abusing 21 children in the U.S., previously held a significant post in the Chinese government for over 20 years in a region central to ongoing human rights abuses tied to a communist regime. In May 2025, law enforcement in Arcadia, California, arrested […]
Trump secured the largest trade agreement in U.S. history and once again disproved his critics.
On Sunday, President Trump struck what is touted as the largest trade deal in history with the European Union, and it might have left many economic pundits feeling a bit egg on their faces. Since Trump’s announcement of what he called “liberation date” on April 2, he faced predictions of economic doom and gloom from […]
U.S. distillers aim for trade agreement with Canada by week’s end
Trade Talks Impacting US Distilled Spirits Industry Recent trade discussions have been highlighted by the distilled spirits sector, particularly as they relate to a new agreement with the European Union. There’s a belief that this might, just maybe, encourage President Trump to reinstate mutual tariffs on distilled spirits. Distilleries in Tennessee are optimistic that the […]
Trump Approves Legislation Aimed at Preventing Home Foreclosures for U.S. Veterans
Trump Signs Bill to Protect Veterans’ Homes President Donald Trump officially signed a bill aimed at empowering the Veterans Affairs Bureau to safeguard veterans from losing their homes. This legislation, known as the VA Mortgage Program Reform Act, has now become law. During the signing, Trump was joined by Representatives Derrick Van Olden (R-WI) and […]
Senate approves Emil Bove to be a judge on the U.S. Appeals Court
Emil Bove Confirmed as Judge for the Third Circuit On Tuesday, the Senate officially appointed Emil Bove as a lifetime judge for the Third U.S. Circuit Court of Appeals, a position originally linked to former President Donald Trump. Bove received confirmation with a narrow 50-49 vote, securing his role within a circuit that will oversee […]