Iran is set to hold snap elections on June 28, following the sudden death of former President Ibrahim Raisi in a helicopter crash. The upcoming vote, however, is far from being free and is unlikely to result in any meaningful change in the country’s political landscape. Experts and analysts argue that the election will occur
Politics
A recent fundraiser for President Joe Biden brought together some of Hollywood’s most prominent stars to raise over $30 million for his Democratic campaign. The event, held at the 7,100-seat Peacock Theater in Los Angeles, featured celebrities like George Clooney, Julia Roberts, and Barbra Streisand. The presence of these high-profile individuals underscores the significant role
Pope Francis’s presence at the Group of Seven summit marked a historic moment where he discussed the implications of artificial intelligence on society. His acknowledgement of the dual nature of AI, stating that it can inspire excitement and broaden access to knowledge, while also highlighting the potential for greater injustice between advanced and developing nations
During a meeting with House Republicans, former President Donald Trump made disparaging comments about Milwaukee, the host city of the 2024 Republican National Convention. He referred to the city as “horrible” and claimed that it is plagued by crime. While Trump’s allies tried to defend his remarks, Democrats were quick to criticize him for his
The White House is set to nominate Christy Goldsmith Romero as the new Federal Deposit Insurance Corporation (FDIC) chair, following the resignation of Martin Gruenberg. This nomination comes amidst a push to advance President Joe Biden’s regulatory agenda, including major bank capital hikes, ahead of the upcoming presidential election. The timeline for the nomination process
President Joe Biden recently celebrated the latest inflation report, announcing that consumer prices did not increase in May compared to April, marking a significant milestone in the battle against inflation. Biden expressed optimism in the progress made in tackling rising prices, highlighting the annual inflation rate decrease to 3.3% in May from 3.4% in April
The federal corruption trial of Sen. Robert Menendez, D-N.J., has taken an interesting turn with the testimony of Jose Uribe, the star witness who admitted to bribing the senator and his wife. Uribe, one of the original defendants in the case, decided to cooperate with prosecutors in the hopes of avoiding a lengthy prison sentence.
As investors gear up for the trading day, stock futures are showing a slight decline after a positive week. With Dow Jones Industrial Average futures down by about 0.2%, and S&P 500 futures and Nasdaq 100 futures also ticking fractionally lower, the market sentiment seems to be cautious. A notable stock like Nvidia, known for
French President Emmanuel Macron made a surprising announcement on Sunday, stating that he would dissolve the country’s parliament and call for a new legislative nationwide vote. This decision came after exit polls revealed a heavy defeat for Macron’s Renaissance party at the EU elections, with Marine Le Pen’s far-right National Rally projected to win a
Former President Donald Trump recently took to Truth Social to tout his accomplishments in lowering the price of insulin for millions of Americans. While acknowledging that the price of insulin is indeed lower under the Biden administration, Trump wants voters to give credit where he believes it’s due – to his own administration. Despite Biden’s