President Donald Trump headlines the first-ever GOP midterm convention in Dallas as Republicans fight to hold slim congressional majorities amid inflation.
Multiple Federal Reserve officials indicated the central bank may need to raise interest rates later this year, according to newly released minutes of the Fed’s July meeting. While most participants at the joint meeting of the Federal Open Market Committee (FOMC) and the Fed’s Board of Governors "anticipated that inflation would step down over the...
Prosecutors allege the engraved bullet used to kill conservative commentator Charlie Kirk show alleged shooter Tyler Robinson targeted the commentator for his political beliefs. “Most importantly, Defendant ignores that he engraved one of the cartridges in his grandfather’s rifle with the overt political reference ‘Hey fascist, catch,’” they wrote. Prosecutors also cited an alleged text...
The Treasury Department and the IRS on Wednesday proposed stronger restrictions on certain immigrants’ ability to claim refundable tax credits — the latest in the Trump administration’s efforts to curb access from non-U.S. citizens to federal benefits. The department suggested the refunded portion of four tax credits be classified as “federal public benefits," potentially disqualifying...
The top lawyer for the Department of Homeland Security (DHS) is facing an ethics complaint with the Florida Bar after he launched a “Worst of the Worst” list for federal jurists, attacking their rulings. James Percival, the general counsel for DHS, has in recent weeks taken to social media to criticize judges who have made...
Universities in the Tri-Cities region of Tennessee are extending condolences to Milligan University after a fatal crash involving Milligan's cycling team on Wednesday morning.
The U.S. national debt crossed $40 trillion on Tuesday, according to newly released data from the Treasury Department. It marks a key milestone for the U.S., which has seen its total outstanding debt double over less than a decade. This sum first crossed the $20 trillion mark in late 2017 and reached $39 trillion just...
Derek Chauvin, the former Minneapolis police officer convicted in the 2020 killing of George Floyd, is requesting a dismissal of state murder charges in this case. This is the third time that the former police officer has asked to have these charges dismissed. His previous two petitions have been denied. Chauvin’s attorneys filed a petition in...
U.S. Ambassador to India Sergio Gor on Wednesday stirred a diplomatic firestorm after he told reporters that the state of Jammu and Kashmir is an “important part of India.” Gor reignited diplomatic tensions over the area of Kashmir, which has been claimed by both India and Pakistan. The two nuclear-armed countries have fought three wars...
A federal judge in Washington, D.C., on Wednesday temporarily blocked the Trump administration’s changes to the Teen Pregnancy Prevention (TPP) program that resulted in the abrupt loss of tens of millions of dollars in federal grants. The order from U.S. District Judge Christopher Cooper, who was appointed by former President Obama, pauses the administration's effort...
The United Arab Emirates (UAE) announced Tuesday it is cutting off trade with Iran after accusing it of firing two missiles toward the UAE. Afra Al Hameli, director of the UAE's Ministry of Foreign Affairs Strategic Communications Department, stated that “in the light of regional escalations that undermine regional and international peace and security, all...
President Trump downplayed concerns around the bond market and called for lower interest rates during a meeting with cryptocurrency executives at the White House on Wednesday. “No, I don’t think so,” Trump told reporters, in response to a question about whether Americans should be concerned about volatility in the bond market. “Our country is doing...
