Iran is gearing up for snap elections on June 28 following the tragic death of former President Ibrahim Raisi in a helicopter crash. However, analysts are not optimistic about the election bringing any significant change to the country. The election is taking place amidst a backdrop of a struggling Iranian economy, widespread discontent among the
Politics
An evening filled with glitz, glamor, and political fervor unfolded in Los Angeles as Hollywood’s A-list celebrities joined forces to host a fundraiser for President Joe Biden. Icons such as George Clooney, Julia Roberts, and Barbra Streisand graced the stage at the 7,100-seat Peacock Theater, showcasing their support for the Democratic candidate. Late-night host Jimmy
Pope Francis made a groundbreaking appearance at the Group of Seven summit where he addressed the complexities surrounding artificial intelligence. He highlighted both the positive and negative aspects of AI, recognizing that while it has the potential to inspire excitement and increase access to knowledge, it could also exacerbate inequalities between advanced and developing nations.
During a recent meeting with House Republicans, former President Donald Trump made controversial remarks about Milwaukee, the host city of the 2024 Republican National Convention. Trump labeled Milwaukee as a “horrible” city and claimed that it is plagued by crime. His comments, initially reported by Punchbowl’s Jake Sherman and later confirmed by NBC News, sparked
The White House is preparing to nominate Christy Goldsmith Romero as the new chair of the Federal Deposit Insurance Corporation (FDIC), replacing Martin Gruenberg. Gruenberg’s departure followed a scandal involving sexual harassment and other misconduct within the banking regulator’s top ranks. In an effort to expedite the confirmation process, the White House aims to hold
President Joe Biden recently addressed the public regarding the latest inflation report, highlighting the fact that consumer prices did not increase in May compared to April. This was the first time since 2022 that the month-over-month inflation rate in the US remained flat. The federal Bureau of Labor Statistics report indicated that the annual inflation
In the federal corruption trial of Sen. Robert Menendez, defense attorneys are closely scrutinizing the credibility of the star witness, Jose Uribe. Uribe, one of the original defendants in the case, chose to cooperate with prosecutors in exchange for a reduced sentence. During his testimony, Uribe claimed that he bribed Menendez and his wife in
As the new trading week begins, stock futures took a hit on Monday morning after a successful week last Friday. Dow Jones Industrial Average futures saw a decrease of approximately 0.2%, while S&P 500 futures and Nasdaq 100 futures also experienced slight declines. Notably, Nvidia stock, which has been a significant market influencer recently, was
French President Emmanuel Macron faced a heavy defeat in the EU elections, prompting him to make a surprising decision. Macron announced that he would dissolve the country’s parliament and call for a new legislative nationwide vote. This unexpected move came after exit polls indicated that Marine Le Pen’s far-right National Rally (RN) is set to
Former President Donald Trump recently acknowledged the decrease in insulin prices under President Joe Biden’s administration. However, Trump still wants the American voters to credit his own administration for this positive change. According to a Truth Social post by Trump, he claims, “Low INSULIN PRICING was gotten for millions of Americans by me, and the