Tag: economy

WASHINGTON — President Donald Trump’s delivered remarks Saturday evening at a historic military parade honoring the U.S. Army’s 250th anniversary. Trump spent the parade seated, or often standing and saluting the troops, flanked by first lady Melania Trump and Secretary of Defense Pete Hegseth. Thousands of Americans, including veterans, youth and dads celebrating Father’s Day, flocked […] ...

WASHINGTON — President Donald Trump’s historic military parade honoring the U.S. Army’s 250th anniversary kicked off in the nation’s capital Saturday evening.  Thousands of Americans, including veterans, youth and dads celebrating Father’s Day, flocked to downtown D.C. wearing “Make America Great Again” hats and patriotic gear displaying Old Glory despite the balmy weather and brewing thunderstorms. […] ...

Shaquille O’Neal will be paying seven figures to settle the class-action lawsuit against FTX that also named other high-profile athletes. O’Neal will pay $1.8 million after he was accused of touting the since-defunct cryptocurrency as a reputable and trustworthy investment option via paid endorsements. Legendary NFL quarterback Tom Brady and NBA star Stephen Curry, as […] ...

President Donald Trump issued an executive order on Friday approving U.S. Steel’s merger with Japan’s Nippon Steel through a National Security Agreement (NSA).  The NSA includes a commitment to more than $11 billion in new steelmaking investments in the United States by 2028 and the creation of more than 100,000 jobs.  The deal also gives […] ...

Businesswoman and former “Real Housewives of New York” star Bethenny Frankel sold the home she owned in Connecticut. The property, a roughly 3-acre estate known as “Applejack Farm” in the Greenwich area, fetched $7.825 million in a recent transaction. Corcoran Centric Realty’s Jeff Jackson represented Frankel, while Martha Jeffrey and Anne Oglivy of Sotheby’s International […] ...

Richard Simmons’ Los Angeles home is on the market.  According to The Robb Report, the late fitness instructor and TV personality purchased the Hollywood Hills home in the early 80s, and spent much of his time there after retreating from public life in 2014. He lived in the home until his death in July 2024 […] ...

The U.S. Army announced that it has surpassed its fiscal year 2025 recruiting goals four months ahead of schedule following years of falling short of its quota.  The milestone marks a potential turning point in one of the military’s most persistent challenges: recruitment. Last week, the Army announced that it had signed contracts with more […] ...

The White House directed the Defense Department and NASA earlier this month to collect information on billions of dollars in SpaceX contracts after the public spat between President Donald Trump and SpaceX CEO Elon Musk, according to a report. The Trump administration ordered the agencies to scrutinize Musk’s contracts to prepare for possible retaliation against […] ...

A new national poll indicates that Americans are divided over President Donald Trump’s deployment of the National Guard and U.S. Marines to the nation’s second most populous city. Aiming to extinguish escalating protests in Los Angeles sparked by immigration raids carried out by ICE at his administration’s direction, Trump sent in National Guard troops and […] ...

Sen. Lindsey Graham, R-S.C., called for the president to go “all-in” for Israel should a diplomatic end to the conflict with Iran not be met. Earlier in the day, President Donald Trump called on Iranian leaders to return to the negotiating table to strike a nuclear deal to avoid “even more brutal” attacks. Graham lauded […] ...

A recall of certain cases of Floria Dried Apricots is underway due to their packaging not disclosing the fruit contains sulfites.  Turkana Food Inc. issued a recall for 352 cases of the dried fruit Thursday through an announcement published on the Food and Drug Administration’s (FDA) website.  The dried apricots have 200-gram paper packaging. The […] ...

Lawmakers and mainstream media figures were blasted online Friday morning over some of their responses to the development that Israel executed a widespread bombing campaign against key Iranian targets. Sen. Chris Murphy, D-CT., wrote on X that Israel’s attack was “clearly intended to scuttle the Trump administration’s negotiations with Tehran,” and is “further evidence of […] ...

JetZero is making a significant investment in North Carolina as the company plans to construct a factory in Greensboro to produce its blended-wing-body jets there in the future. JetZero’s investment in Greensboro to build the airplane factory will amount to more than $4.7 billion and bring over 14,500 jobs to the area over time, Gov. […] ...

Foreign nationals with an extra $5 million can now register to be notified about when they can sign up to receive a fast pass to U.S. citizenship, also known as the “Trump Card.” President Donald Trump shared information about the program on Truth Social Wednesday night. “FOR FIVE MILLION $DOLLARS, THE TRUMP CARD IS COMING!” […] ...

EXCLUSIVE: More Americans support rather than oppose Israeli airstrikes on Iran’s nuclear facilities, according to a new national poll conducted before Israel’s Friday attack on Iran. But the survey, released by the Ronald Reagan Institute, indicates that most Democrats and Republicans don’t see eye-to-eye on the issue. MAJORITY OF AMERICANS BACK ISRAELI AIRSTRIKES ON IRAN, […] ...

  Investors flocked to safer assets, including gold and out of U.S. stocks, after Israel launched attacks against Iran’s nuclear sites.  All three of the major U.S. averages fell Friday, erasing weekly gains, with the Dow Jones Industrial Average off over 500 points or 1%, while the Nasdaq Composite and S&P 500 lost 0.6% mid-afternoon. […] ...

Frozen meal giant Conagra Brands, Inc. is trying to capture budget-conscious shoppers opting for convenient and healthier options by launching dozens of new frozen foods this month.  The frozen food meals, including single-serve and multi-serve meals, vegetable side dishes, and gluten-free and plant-based meals, are slated to arrive in stores and e-commerce outlets in June […] ...

Mortgage rates declined for the first time in weeks, though they are still hovering near 7%, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.84% from last week’s reading of 6.85%. The average rate on […] ...

Iran being set back on its heels by Israel means “nothing is off the table” for China and its military advances, according to one foreign policy expert. “The Chinese… they’re losing their proxy, Iran. Iran has been accomplishing China’s foreign policy goals for quite some time. And China’s Middle East policy is now in disarray,” […] ...

Anker Innovations is recalling more than 1.1 million power banks after some users reported fires and explosions.  The company said a problem could potentially make the lithium-ion battery within some of its Anker PowerCore 10000 power banks overheat “leading to melting of plastic components, smoke, and fire hazards.”  The recall, announced Thursday, specifically applies to […] ...

Oil prices surged Friday after the Israeli Defense Forces (IDF) launched a sweeping strike on Iran’s nuclear facilities and military leaders.   U.S. West Texas Intermediate prices climbed around 6% on Friday to $72 a barrel as the strikes raised concerns on Wall Street that escalating tensions between Israel and Iran could disrupt Iranian energy […] ...

Airlines are diverting flights away from the airspace of multiple Middle Eastern countries on Friday following Israel’s surprise airstrikes on Iran.  Tracking data from the website Flightradar24 shows that carriers are avoiding flying over Israel, Jordan, Iraq and Iran, which all have closed their airspaces, reports say.  “The purpose of the closure is to prevent […] ...

Fast-food consumers looking to switch it up have plenty of new menu items to try.  Popular chains such as McDonald’s, Chipotle, Burger King, Popeyes and Wendy’s have recently introduced new food, drink and dessert offerings. Chick-fil-A has also brought back a favorite shake and debuted a new seasonal beverage. Meanwhile, Sonic Drive-In has made some […] ...

This summer, many Americans may be looking for a different kind of buzz to cool off in the summer heat or celebrate under the fireworks. The CEOs behind two of the nation’s most recognizable THC-infused beverage brands claim the sober-curious trend stands strong on its first stepping stone. “The explosion that we’ve seen in growth […] ...

A federal judge has ruled that President Donald Trump acted illegally when he seized control of California’s National Guard during ICE-related riots in Los Angeles. U.S. District Judge Charles R. Breyer issued the decision Thursday, siding with Governor Gavin Newsom and ordering Trump to return control of the Guard to the state “forthwith.” “His actions […] ...