Author: Newyorki

The Federal Reserve has revised down its economic forecast for the U.S. and held interest rates steady for the fourth consecutive meeting, signaling a cautious stance amid rising inflationary pressures tied to President Donald Trump’s tariff policies. In its latest policy announcement on Wednesday, the Federal Open Market Committee (FOMC) maintained the federal funds rate at 4.25%–4.5%, resisting political pressure from the White House to cut rates sharply. Just hours before the Fed’s decision, President Trump lashed out at Fed Chair Jay Powell, calling him “stupid” and asking if he could “appoint myself” to the central bank. Trump also demanded…

Washington, D.C. — The Trump administration’s use of a “golden share” to approve the $14.9 billion sale of U.S. Steel to Japan’s Nippon Steel has unsettled dealmakers and global investors, raising fears it could signal a new precedent in how politically sensitive foreign takeovers are handled in the United States. Announced last week, the agreement allows the U.S. government to hold a perpetual golden share in U.S. Steel, granting it veto power over key corporate decisions, including delays to Nippon’s investment commitments, closure of plants, and changes to raw material sourcing. Notably, this golden share does not include an equity…

Washington, D.C. — U.S. President Donald Trump has made his most pointed remarks yet about possible American military action against Iran, telling reporters Wednesday that a decision could come within days and that the next week would be “very big” in shaping the future of the escalating war between Israel and the Islamic Republic of Iran. “I may do it. I may not do it. Nobody knows what I’m going to do,” Trump said at the White House. “The next week is going to be very big — maybe less than a week.” Trump’s comments came hours after Iran’s Supreme…

Washington, D.C. — The United States is moving rapidly toward potential military action against Iran, with President Donald Trump signaling he could authorize strikes within days. The escalation follows intensified Israeli bombardment of Iranian territory and growing concern over Iran’s underground nuclear enrichment facilities. The clearest indication came Monday, when the USS Nimitz, a nuclear-powered aircraft carrier, abruptly changed course from the South China Sea and began heading toward the Middle East. The carrier strike group, which includes the Nimitz and three guided-missile destroyers, will join another U.S. strike group and multiple destroyers already in the region, according to a…

Washington, D.C. — U.S. Vice President J.D. Vance has signaled that President Donald Trump may take additional steps to prevent Iran from enriching uranium, raising the prospect of further escalation in the ongoing conflict between Tehran and Washington’s ally, Israel. In a statement posted on X (formerly Twitter), Vance emphasized that Trump is “only interested in using the American military to accomplish the American people’s goals,” but added that the president “may decide he needs to take further action to end Iranian enrichment.” He clarified that any such decision “ultimately belongs to the president.” Less than an hour after Vance’s…

Boston, MA — A federal judge has issued a nationwide injunction blocking the Trump administration’s policy that restricted transgender and nonbinary Americans from obtaining passports that accurately reflect their gender identity. On June 17, U.S. District Judge Julia Kobick expanded a prior ruling from April that initially applied to only six individuals. The new preliminary injunction halts enforcement of the policy across the United States, pending further legal review. The Trump administration had implemented the policy shortly after President Donald Trump began his second term in January. Under an executive order, the federal government was instructed to “recognize only two…

Washington, D.C. — President Donald Trump has made a symbolic shift in the Oval Office by relocating the bronze bust of civil rights icon Dr. Martin Luther King Jr., originally placed there by former President Barack Obama in 2009, and reintroducing a bust of British Prime Minister Winston Churchill. According to a White House official, the MLK Jr. bust, cast in 1970 by Black artist Charles Alston, has been moved to Trump’s private dining room adjacent to the Oval Office. The room is frequently used by the president for private meetings and staff lunches. The redecoration of the Oval Office…

Richmond, VA — As Virginians cast ballots in one of the nation’s most closely watched off-year elections, the name Donald Trump—though not on the ballot—is deeply shaping the race for governor, attorney general, and other statewide offices. The upcoming November general election will be historic, as it will see Virginia elect its first female governor. The race pits Democrat Abigail Spanberger, a former CIA officer and U.S. Representative, against Republican Lt. Governor Winsome Earle-Sears, the first woman of color to hold statewide office in Virginia. A Race Framed by Trump-Era Politics While both Spanberger and Earle-Sears ran unopposed in their…

Washington, D.C. — Just hours after its official launch, Trump Mobile, the new smartphone service branded with President Donald Trump’s name, removed its online coverage map following an unexpected controversy over a geographic label. Users quickly noticed that the map labeled the body of water south of Texas as the “Gulf of Mexico” — a name that contradicts President Trump’s executive order renaming it the “Gulf of America” earlier in his second term. The discrepancy ignited backlash and discussion across social media platforms, with users sharing screenshots of the map before it was taken offline. As of Tuesday morning, the…

Washington, D.C. — In a historic move, the NAACP announced it will not invite President Donald Trump or Vice President J.D. Vance to its upcoming National Convention, breaking a 116-year tradition of extending an invitation to the sitting U.S. president. The convention, scheduled for July 12–16 in Charlotte, North Carolina, will mark the first time since the NAACP’s founding that a sitting president will not be welcomed to speak at the civil rights organization’s signature national event. NAACP President and CEO Derrick Johnson made the announcement on June 16, citing serious concerns over President Trump’s actions and rhetoric. “We’re nonpartisan…