Author: Newyorki

U.S. financial markets began the week under pressure, as renewed fears over trade tensions and political instability sent major indices into decline. The downturn followed remarks from former President Donald Trump, who indicated plans to impose new tariffs by August 1, fueling uncertainty among investors. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all posted moderate losses during Monday’s early trading. Analysts say the declines reflect growing unease over U.S. trade strategy and the long-term implications of the recently enacted tax and spending legislation. A standout among the falling stocks was Tesla, whose shares dropped nearly 7% following…

Tragedy has struck central Texas as at least 27 children and counselors from Camp Mystic, a well-known Christian all-girls summer camp, have been confirmed dead following devastating flash floods. The disaster, which began Friday and continues to unfold, has claimed at least 81 lives statewide, according to officials. In a statement on Monday, Camp Mystic expressed deep sorrow over the loss: “Our hearts are broken alongside our families that are enduring this unimaginable tragedy. We are praying for them constantly.” Authorities have not yet confirmed how many of the 27 fatalities were children versus staff. As of Sunday, 10 children…

Tensions between former President Donald Trump and billionaire entrepreneur Elon Musk have escalated following Musk’s announcement of a new political party, the “America Party,” and his outspoken criticism of Trump’s recently signed legislative package. In a statement posted to social media on July 6, Trump took direct aim at Musk, saying the tech mogul had gone “off the rails” in recent weeks. “I am saddened to watch Elon Musk go completely off the rails, essentially becoming a TRAIN WRECK over the past five weeks,” Trump wrote. “He even wants to start a third political party, despite the fact that they…

U.S. Treasury Secretary Scott Bessent has publicly criticized Elon Musk’s newly announced political initiative, the “America Party,” describing the billionaire entrepreneur as an unpopular figure within the Trump administration and questioning his political ambitions. In an interview with CNN’s Dana Bash, Bessent acknowledged the popularity of the Department of Government Efficiency (DOGE), a Trump-era initiative Musk once led to downsize the federal bureaucracy. However, Bessent was blunt about Musk’s standing during his tenure in government: “If you looked at the polling, Elon was not [popular],” he said. Musk announced the launch of the America Party on July 5, one day…

Retail investors in the United States have seen some of their most substantial gains in years by adhering to a time-tested strategy: buying the dip. According to data from VandaTrack, individual traders have invested a record-breaking $155 billion into U.S. stocks and exchange-traded funds (ETFs) in 2025, surpassing even the 2021 “meme stock” boom. This influx of retail investment has played a key role in propelling Wall Street equities to new all-time highs, despite periods of volatility triggered by major policy shifts, including President Donald Trump’s new wave of tariffs on U.S. trading partners. These tariffs caused markets to stumble…

The United States is currently experiencing its worst measles outbreak in 25 years, with confirmed cases in 2025 surpassing previous records set since the disease was declared eliminated in the country in 2000. As of July 5, the Johns Hopkins University Center for Outbreak Response Innovation (CORI) has reported 1,277 confirmed cases of measles nationwide—exceeding the 2019 total of 1,274, which until now had marked the highest number of cases in the post-eradication era. Origin and Spread of the Outbreak A significant portion of the current outbreak is linked to a major cluster in west Texas, though the Centers for…

massive search-and-rescue operation continues in central Texas after unprecedented flash flooding along the Guadalupe River left at least 52 people dead and dozens still missing. The flooding, which began late Thursday, has devastated communities across Kerr County, located about 85 miles northwest of San Antonio. According to Sheriff Larry Leitha, 43 fatalities occurred within Kerr County alone — 28 adults and 15 children — following torrential rains that caused the Guadalupe River to rise more than 26 feet in just 45 minutes. In total, the area received up to 15 inches of rain, nearly half a year’s worth, in a…

As the United States prepares to celebrate its 250th birthday in 2026, a wide range of events and reflections are being planned — from grand displays of patriotism to serious debates about history, identity, and the meaning of being American. A Spectacle of Patriotism and Power The official semiquincentennial festivities are set to include a massive fireworks show at Mount Rushmore on July 3, 2026, and what organizers hope will be the largest flag-waving event in U.S. history. President Donald Trump has added his own flair to the celebrations by announcing a UFC fight at the White House and a…

President Donald Trump announced that his administration is coordinating closely with Texas officials in response to the deadly flash floods that have claimed the lives of at least 27 people across the state. In a statement posted on Truth Social, the president confirmed that Secretary of Homeland Security Kristi Noem will be traveling to Texas to oversee federal response efforts on the ground. “Melania and I are praying for all of the families impacted by this horrible tragedy,” Trump wrote. He also praised the efforts of emergency personnel, stating, “Our Brave First Responders are on site doing what they do…

In a bold political move, Elon Musk has announced the formation of a new political group, the America Party, following his fierce criticism of President Donald Trump’s recently passed mega-spending bill. The declaration came on July 5 through Musk’s social media platform X, where he condemned what he described as a “one-party system” driven by waste and corruption. “Today, the America Party is formed to give you back your freedom,” Musk wrote, positioning the new party as an alternative to what he sees as a broken bipartisan system. The announcement marks a dramatic shift in Musk’s political alignment. Once a…