US

U.S. District Judge Aileen Cannon has granted former President Donald Trump’s request for further briefing on the issue of presidential immunity in the Mar-a-Lago classified documents case. This decision comes in the aftermath of the Supreme Court’s ruling on Trump’s immunity from prosecution for some conduct as president in the federal election interference case. Special
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Tesla’s stock price has been on a wild ride this year. After closing at $248.48 at the end of last year, the stock fell to as low as $138.80 in April. However, the tide turned on Friday when the stock rose enough to wipe out its losses for the year and end the week with
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In a surprising turn of events, Patrick Bertoletti emerged victorious at this year’s Nathan’s Hot Dog Eating Contest, dethroning the 16-time winner Joey Chestnut. Bertoletti, a 39-year-old from Illinois, devoured a total of 58 hot dogs within the allotted 10-minute time frame, earning him the coveted Mustard Yellow Belt in the men’s category. Meanwhile, Miki
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During the June meeting, Federal Reserve officials discussed the direction of inflation and the need for additional data to feel more confident in the progress. While the economy has shown signs of improvement, meeting participants emphasized the importance of sustainable movement toward the 2 percent inflation target before considering any adjustments to interest rates. The
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Tariffs have been a controversial issue in US politics, with both President Joe Biden and former President Donald Trump sharing common ground on their use as a policy tool. While some policymakers argue that tariffs can protect and help grow domestic industries, there is also the concern that they can lead to higher prices for
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The United States is falling far behind in its goal to generate 30,000 megawatts of wind power by 2030. The Charybdis, an enormous boat currently 89% built, holds the promise of changing this trajectory. Named after a mythological Greek sea monster, this vessel will play a critical role in offshore wind energy projects. The ship
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In a recent report by the Commerce Department, it was revealed that inflation in May has slowed to its lowest annual rate in over three years. The core personal consumption expenditures price index saw a meager increase of just 0.1% for the month, with a year-on-year increase of 2.6%. These numbers are down 0.2 percentage
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The upcoming release of the Personal Consumption Expenditures (PCE) price index by the Commerce Department is generating significant anticipation among economists and investors. The PCE price index, closely monitored by the Federal Reserve as a key measure of inflation, is expected to show minimal, if any, monthly growth for May. This would mark the first
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