Author: Newyorki

The U.S. State Department has issued an updated travel advisory for Mexico, designating the country at Level 2 – “Exercise Increased Caution” due to risks associated with terrorism, crime, and kidnapping. According to the revised advisory, violent crimes remain a significant concern in Mexico, including homicide, kidnapping, carjacking, and robbery. The update also warns of the potential for terrorist-related violence. Key Safety Guidance for TravelersThe State Department advises U.S. citizens visiting Mexico to: Comply with instructions at road checkpoints. Resisting or attempting to flee may lead to injury or death. Avoid traveling alone or after dark, especially in rural or…

U.S. stocks climbed to fresh record highs on Tuesday, with the S&P 500 and Nasdaq leading gains, after a mild inflation reading strengthened expectations for a Federal Reserve interest rate cut in September. The annual inflation rate for July rose 2.7%, in line with June’s figure and below forecasts of 2.8%. Core inflation, which excludes food and energy, increased 3.1%, slightly under the expected 3%. Economists noted some early signs of tariffs feeding into consumer prices, but not yet at levels of concern. “Although core annual inflation is back to its highest level since February, today’s print is not hot…

Eastman Kodak Co., the legendary American company that once revolutionized amateur photography, has issued a stark warning about its future, stating there is “substantial doubt” about its ability to continue operating after more than 130 years in business. The announcement came in government filings on Monday, August 11, alongside the company’s second-quarter earnings report, which revealed a loss and sent shares tumbling in early trading on Tuesday. Kodak disclosed that it faces over $470 million in debt and is cutting its pension program in a bid to remain solvent. The company admitted it currently lacks committed financing or sufficient liquidity…

U.S. President Donald Trump has signaled a willingness to work with Intel chief executive Lip-Bu Tan, softening his earlier demand for the executive to step down. In a post on Truth Social, Trump said Tan would collaborate with Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent over the next week to provide recommendations on how the U.S. government can support Intel as it navigates financial challenges in its chip manufacturing division. Trump met with Tan on Monday afternoon alongside the two cabinet members, describing the meeting as “very interesting” and praising Tan’s professional journey as “an amazing story.” He…

Artificial intelligence start-up Anthropic will provide its Claude chatbot to U.S. lawmakers, federal agencies, and top judges for a nominal fee of $1 per entity, as it competes with rivals for influence and adoption in Washington under President Donald Trump’s administration. The agreement, reached with the U.S. government on Tuesday, mirrors a similar deal by OpenAI, which is also offering its enterprise tools to the executive branch for $1 per agency. Anthropic will extend the same offer to members of Congress, senators, and judicial leaders. “We need to get widespread adoption [of AI tools] in the federal government,” said Josh…

U.S. President Donald Trump has nominated economist E.J. Antoni from the right-leaning Heritage Foundation to head the Bureau of Labor Statistics (BLS), following the dismissal of former commissioner Erika McEntarfer over what Trump alleged was a “rigged” jobs report. In a statement on Truth Social, Trump described Antoni as a “Highly Respected Economist” who would ensure employment and inflation data are “honest and accurate.” The appointment requires Senate confirmation. The decision comes just weeks after Trump removed McEntarfer, accusing her—without evidence—of manipulating July’s non-farm payroll figures, which signaled a weaker-than-expected labor market. Economists and statisticians widely rejected claims of political…

President Donald Trump has announced the deployment of 800 National Guard troops to Washington, D.C., and signaled that similar actions could soon be taken in other major U.S. cities. Speaking at a press conference on Monday, Trump identified New York City, Los Angeles, Baltimore, Chicago, and Oakland as potential targets for future deployments, framing the move as part of a broader crackdown on crime. “We’re not going to lose our cities over this,” Trump said. “We’re starting very strongly with D.C., and we’re going to clean it up real quick. Other cities are hopefully watching this… and maybe they’ll self-clean…

President Donald Trump has announced plans to deploy approximately 800 National Guard troops to the nation’s capital as part of a federal takeover of the Metropolitan Police Department (MPD), citing a need to combat crime and restore order. In a statement at the White House, Trump described the move as “a historic action to rescue our nation’s capital from crime, bloodshed, bedlam, and squalor.” He emphasized that the federal government will assume direct control over the MPD to carry out the initiative. However, official law enforcement statistics paint a different picture. Data from the FBI, MPD, and the Department of…

The White House has moved the official portrait of former President Barack Obama from its prominent spot in the entryway to a location not accessible to the public, a White House official confirmed to USA TODAY. The relocation comes amid heightened tensions between Obama and current President Donald Trump. Last month, Obama strongly rejected a report by the Office of the Director of National Intelligence, which alleged that he and senior aides had “manufactured and politicized intelligence” against Trump following the 2016 election. Obama’s office dismissed the claims as “nonsense and misinformation,” while Trump accused the former president of “treason”…

President Donald Trump has appointed newly confirmed Drug Enforcement Administration (DEA) Administrator Terrance “Terry” Cole to also serve as interim commissioner of the Metropolitan Police Department (MPD) as part of an unprecedented federal takeover of law enforcement in the nation’s capital. The move follows Trump’s August 11 order placing D.C.’s police operations under Justice Department control, with a mandate to “sharply and immediately reduce violent crime” in the city. The president, known for his impatience with underperformance, publicly warned Cole to deliver results quickly. “Terry, if you’re not [one of the best], I gotta get rid of you so fast,”…