Author: Newyorki

Ivanka Trump, an avid student of Brazilian jiu-jitsu, is set to play a central role in organizing a landmark Ultimate Fighting Championship (UFC) event on the White House grounds as part of the United States’ 250th birthday celebrations on July 4, 2026. A White House official confirmed that the first daughter will be involved in planning the championship fight, which President Donald Trump first floated last month while discussing nationwide events to mark the anniversary of American independence. The president envisioned a full-scale UFC championship match on the South Lawn, accommodating up to 25,000 spectators. President Trump, a longtime UFC…

With the 2026 midterm elections approaching, Republicans are moving to redraw congressional district maps in several key states, potentially flipping at least nine House seats in their favor. While Democrats in states like New York have pledged to “fight fire with fire,” GOP-controlled states have a clear advantage in reshaping maps before voters head to the polls. Republican Strongholds Lead Redistricting PushThe largest potential gains for Republicans come from Texas, Florida, and Ohio — all high-population states with unified GOP control. Texas: The state legislature is advancing a new congressional map that could add five Republican-leaning districts. Democratic lawmakers left…

The Trump administration has taken a significant step toward allowing American retirement savings to be invested in private equity, cryptocurrencies, and other alternative assets, reversing restrictions introduced under the Biden administration. On Tuesday, the U.S. Department of Labor rescinded 2021 guidance that had discouraged 401(k) plan sponsors from investing in the leveraged buyout sector. The move is part of President Donald Trump’s broader push to give private investment firms access to the vast 401(k) market — a shift that could channel hundreds of billions of dollars into the private equity industry. The 401(k) system, which governs employer-sponsored retirement plans, is…

Donald Trump’s decision to replace the head of the U.S. Bureau of Labor Statistics (BLS) with EJ Antoni, an economist at the conservative Heritage Foundation, has triggered widespread concern among economists, investors, and policy experts about the independence and credibility of the nation’s most important economic data. The move follows Trump’s firing of former commissioner Erika McEntarfer earlier this month, after a jobs report painted a weaker-than-expected labor market. Without providing evidence, Trump claimed the report had been “rigged.” Antoni, a vocal supporter of Trump’s tariffs and economic agenda, will need Senate confirmation before taking up the post. Critics argue…

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…