Author: Newyorki

A recent surge in US equities has cast doubt on the widely expected investor rotation toward European markets, as Wall Street rebounds sharply from tariff-driven turbulence. The S&P 500 index climbed 10% in the second quarter of 2025, significantly outperforming Europe’s Stoxx 600, which gained less than 2%. This sharp performance gap has disrupted expectations that President Donald Trump’s erratic tariff policies would push global investors toward European assets, where optimism had been rising on the back of large-scale fiscal stimulus efforts. Instead, capital has flowed back into familiar territory: US tech giants. Nvidia reached a new record high, while…

Former President Donald Trump is pressuring Republican lawmakers to pass a comprehensive domestic policy bill before the July 4 holiday, framing the legislation as a critical step in advancing his economic and immigration agenda. Commonly referred to as the “Big Bill,” the proposal includes major tax reductions, expanded funding for border security, and substantial cuts to healthcare and nutrition assistance programs. Trump has described the legislation as a cornerstone of Republican policymaking, urging a Senate vote within days. “This bill is essential to restoring American greatness and fixing the broken systems that hurt working families,” Trump posted on Truth Social.…

Republican Senator Thom Tillis of North Carolina, a pivotal holdout on President Donald Trump’s wide-ranging legislative package covering taxes, Medicaid, border enforcement, and more, has announced he will not seek reelection in 2026. In a public statement, Tillis, who has served in the Senate since 2015, said the decision was “not a hard choice,” pointing to increasing political polarization in Washington and his desire to spend more time with his family. “As many of my colleagues have noticed over the last year—and at times even joked about—I haven’t exactly been excited about running for another term,” Tillis said. “The choice…

A tragic ambush unfolded on Sunday on Canfield Mountain, a popular hiking area just outside the city of Coeur d’Alene, leaving two firefighters dead and one seriously injured. The suspect, believed to have intentionally started a wildfire before launching a deadly assault on emergency responders, was later found dead on the mountain after a six-hour manhunt involving hundreds of law enforcement personnel. According to Kootenai County Sheriff Bob Norris, the suspect set a blaze around 1:21 p.m. and waited in hiding to ambush the first responders. When firefighters arrived at the scene, shots were fired by 2:00 p.m. Officers quickly…

Democratic candidate for New York City Mayor, Zohran Mamdani, has pushed back against accusations from President Donald Trump, who labeled him a communist and a “radical left lunatic” during a recent appearance on Fox News. Mamdani, a 33-year-old state Assembly member, denied the claims and accused the president of using divisive rhetoric to distract from the core issues of the mayoral race. In a June 29 interview on NBC’s Meet the Press, Mamdani stated, “He wants to distract from what I’m fighting for. I’m fighting for the very working people he claimed to represent, but later betrayed.” He also criticized…

President Donald Trump has revealed that a group of wealthy individuals is preparing to acquire TikTok, with an announcement expected within the next two weeks. However, the deal remains subject to approval by the platform’s Chinese owners, adding another layer of complexity to an already drawn-out saga. In an interview aired June 29 on Sunday Morning Futures with Maria Bartiromo, Trump stated, “We have a buyer for TikTok, by the way. I think I’ll need probably China’s approval, and I think the presidency will probably do it.” He did not disclose the identities of the potential buyers, only describing them…

Former U.S. President Joe Biden and former Vice President Kamala Harris attended the funeral of Minnesota State Representative Melissa Hortman on Saturday, in a ceremony marked by grief, unity, and calls for justice. Hortman and her husband, David, were fatally shot last week in what authorities have classified as a politically motivated assassination. The memorial, held at the Cathedral of Saint Paul, drew hundreds of mourners, including lawmakers, civic leaders, and members of the public. President Biden delivered a eulogy, calling Hortman “a tireless public servant and a defender of democracy in dark times.” “Melissa stood for decency, for compassion,…

A sweeping 940-page legislative package backed by President Donald Trump is set to undergo debate in the Senate, with potential implications for nearly every corner of American life—from health care and taxes to military spending and immigration enforcement. The bill, a central part of Trump’s second-term agenda, could come to a vote as early as this weekend as Republicans race to pass it before the July 4 deadline. At its core, the legislation seeks to extend the 2017 Trump-era tax cuts, delivering significant benefits to high-income earners and employers. At the same time, it introduces stricter requirements and deep funding…

The U.S. Department of Justice has reportedly dismissed at least three federal prosecutors who had been handling criminal cases tied to the January 6, 2021 Capitol riot. According to reports from both the Associated Press and NBC News on June 27, the terminations were confirmed by anonymous sources and a letter signed by Attorney General Pam Bondi addressed to one of the dismissed attorneys. These firings come amid broader efforts by President Donald Trump’s administration to remove individuals within the federal government who played roles in the investigation and prosecution of those involved in the Capitol attack. The removals follow…

Former U.S. President Donald Trump has sharply criticized the ongoing corruption trial of Israeli Prime Minister Benjamin Netanyahu, calling it a “political witch hunt” and warning that the United States “is not going to stand for this.” His comments have drawn both support and criticism amid ongoing geopolitical tensions involving Israel, Iran, and Hamas. Netanyahu, who was indicted in 2019 on charges of bribery, fraud, and breach of trust, has consistently denied any wrongdoing. His trial, which began in 2020, involves three separate criminal cases and has faced repeated delays due to the COVID-19 pandemic and ongoing regional conflicts. He…