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Despite rising inflation and economic uncertainty, the Federal Reserve is planning two rate cuts before the end of the year. Consumer prices are easing slightly, but President Donald Trump’s new China tariffs could push them back up. Here’s what it all means for your wallet.
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Retail and food service sales declined sharply in May, according to the U.S. Census Bureau, raising concerns about the strength of consumer demand under President Donald Trump’s second term. Even essential sectors like groceries and restaurants saw drops, while online shopping was one of the few areas of growth.
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Iran’s Supreme Leader and foreign ministry have issued stark warnings against U.S. military involvement in the ongoing conflict with Israel. With more than 1,100 Israeli strikes and Iran’s launch of a hypersonic missile, tensions have reached a boiling point.
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Charles Burrell, the first African American to join a major U.S. symphony orchestra and a celebrated jazz musician, has died at 104. Known as the “Jackie Robinson of classical music,” Burrell left a legacy of excellence, resilience, and cultural bridge-building.
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NYC mayoral candidate Brad Lander was arrested inside a federal building Tuesday after linking arms with a man being detained by ICE agents. The moment, captured on video, has drawn national attention — especially from immigrant and progressive communities — and ignited debate about immigration enforcement and civil resistance.
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For the first time in its history, the NAACP is refusing to invite the sitting U.S. president to its national convention. President Donald Trump and Vice President J.D. Vance are barred, with the NAACP citing threats to democracy, use of military force on civilians, and attacks on civil rights.
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President Trump has launched Trump Mobile, featuring a $499 gold-colored smartphone and a $47.45 plan — a not-so-subtle political reference. Experts question the feasibility of U.S. manufacturing and the ethics of a sitting president entering a regulated industry.
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On this day in 1957, Black residents of Tuskegee launched a powerful boycott to protest a racist redistricting law that disenfranchised them. Their sustained resistance led to a landmark 1960 Supreme Court decision striking down the law.
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President Donald Trump removed NRC Commissioner Christopher Hanson on Monday, breaking decades of precedent by ousting a nuclear regulator without cause. Hanson, a Democrat, was appointed chair under President Biden and was serving a term through 2029. His removal comes shortly after Trump’s executive orders to expand domestic nuclear energy and limit regulatory independence. Experts warn the move could politicize nuclear safety.
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The Trump family has unveiled Trump Mobile, a new wireless carrier tied to patriotic themes and military service. But with Donald Trump in the White House, concerns over ethics and conflict of interest are mounting.
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