Circle IPO debut surges amid crypto investor enthusiasm
The stablecoin issuer Circle made an explosive debut on the NYSE, with shares leaping by over 100% on offer. Despite varying percentage reports, the impressive market reaction underscores a robust investor appetite for crypto-related stocks amid a volatile economic backdrop.
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GOP Megabill Faces Senate Hurdles and Health Insurance Concerns
Senate and House lawmakers are locked in a tug-of-war over Trump’s One Big Beautiful Bill as Republican Whip Tom Emmer dismisses its Senate prospects while critics warn that the legislation could jeopardize health insurance for millions. The debate highlights deep divisions within the party. More...
Trump Admin Seeks SCOTUS Action on Education Dept Layoffs
The Trump administration has turned to the Supreme Court, requesting relief from judicial orders that block its plan to downsize and restructure the Department of Education. The legal maneuver aims to reinstate layoffs and enable a drastic agency overhaul amid ongoing litigation and political controversy. More...
Trump-Xi Trade Call Restores Truce Amid Persistent Supply Chain Woes
A high-stakes call between President Trump and Chinese leader Xi has reportedly restored a temporary trade truce, yet critical supply chain issues—including a stubborn metal shortage—linger. Analysts note that despite the diplomatic chatter, underlying economic tensions remain as unresolved as ever. More...
Trump calls for a full point Fed rate cut amid economic debate
In a dramatic intervention into monetary policy, former President Trump urged Federal Reserve Chair Powell to slash interest rates by a full percentage point. The call, made against a backdrop of a cooling job market, reflects his ongoing criticism of current economic measures and fuels further debate over America’s rate strategy. More...
Russian missile/drone strikes hit Kyiv and surrounding areas
In a brutal escalation, Russian forces launched a coordinated missile and drone assault targeting Kyiv, resulting in multiple casualties and injuries. Reports also note ballistics observed over Kyiv and simultaneous strikes in Chernihiv, underscoring the ferocity of the attack while Ukrainian defenses scramble to protect civilians amid the unfolding chaos. More...
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