The US has experienced a credit rating downgrade from Moody's, highlighting growing concerns over the federal deficit and the impact of proposed tax cuts. As lawmakers clash over budget bills, experts warn of potential economic repercussions.
As the Cannes Film Festival kicks off, we delve into the controversial trend of prolonged standing ovations. Are these displays of joy masking a deeper desperation in cinema? Find out the shocking truth behind the applause.
Walmart announces unavoidable price hikes due to Trump's tariffs, affecting everyday goods. As consumers brace for rising costs, the economic landscape grows uncertain. Will this impact your shopping habits?
Federal Reserve Chair Jerome Powell warns that higher long-term interest rates are likely, signaling a shift in economic policy and potential supply shocks. As inflation remains volatile, what does this mean for the economy and your finances?
Walmart's stock rises as it navigates tariff uncertainties, with mixed signals on future profits and consumer spending. The retail giant maintains its long-term forecasts despite current market challenges.
In a surprising shift, Trump is considering normalizing relations with Syria following a significant meeting with interim President Ahmed al-Sharaa. This move could reshape the geopolitical landscape and offer hope to millions of Syrians suffering from poverty and sanctions.
In a surprising shift, California Governor Gavin Newsom announces plans to freeze enrollment for low-income immigrants in state-funded healthcare starting in 2026, a move driven by soaring costs and budget constraints. Existing enrollees will face new premiums, signaling a significant policy change amidst economic challenges.
In a surprising turn, Trump has lauded Saudi Crown Prince Mohammed bin Salman, reviving ties that many thought were strained. His visit underscores a significant shift in U.S.-Saudi relations amid ongoing human rights concerns.
During his first major foreign trip of his second term, Trump announced plans to lift sanctions on Syria and negotiate with Iran, showcasing a dramatic shift in U.S. foreign policy and strengthening ties with Saudi Arabia.
In a groundbreaking diplomatic tour, Trump seals a $142bn arms deal with Saudi Arabia while discussing sanctions relief for Syria and a potential Trump Tower in Damascus. This trip marks a significant shift in Middle Eastern relations and investment.