By Sam, Professional JournalistMiami, July 10, 2025 — Orlando-based rapper Hotboii, whose real name is Javarri Latre Walker, was arrested in Miami on July 9, 2025, for allegedly possessing a firearm and trespassing on school property while on probation. The incident, which occurred at Doral International Academy of Math and Science, has sparked widespread discussion … Read more
July 10, 2025 – Federal Reserve officials are increasingly aligned on the likelihood of interest rate cuts in 2025, but their June 17-18 meeting minutes reveal a sharp divide over the number and timing of these reductions, reflecting uncertainty driven by President Trump’s trade policies and mixed economic signals. The minutes, released Wednesday, show the … Read more
Federal Reserve Chairman Jerome Powell spoke at the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, on July 1, 2025, at 9:30 a.m. ET (3:30 p.m. IST). The panel, moderated by Bloomberg’s Francine Lacqua, focused on the global economy amid policy shifts, featuring Powell alongside ECB President Christine Lagarde, Bank of England … Read more
Kanye West and King Combs Drop ‘Never Stop’ EP in Support of Diddy Amid Legal Battle New York City, June 27, 2025 — Kanye West, now known as Ye, and Christian “King” Combs, son of embattled music mogul Sean “Diddy” Combs, released a surprise seven-track EP titled Never Stop on June 26, 2025, a bold … Read more
Federal Reserve Chair Jerome Powell Testifies Before Senate Banking Panel Amid Tariff and Rate Cut Debates Washington, D.C., June 27, 2025 — Federal Reserve Chair Jerome Powell delivered his semiannual monetary policy testimony before the Senate Banking, Housing, and Urban Affairs Committee on June 25, 2025, addressing critical issues like inflation, interest rates, and the … Read more
Prague, June 23, 2025, 8:39 PM IST – Federal Reserve Governor Michelle Bowman expressed support for an interest rate cut at the Federal Open Market Committee (FOMC) meeting on July 29-30, 2025, provided inflation pressures remain subdued. Speaking in Prague on June 23, Bowman noted that President Donald Trump’s proposed tariffs are likely to have … Read more
Federal Reserve Governor Christopher Waller indicated that the central bank could begin cutting interest rates as early as July 2025, provided inflation continues to ease and economic data remains favorable. In a CNBC “Squawk Box” interview on June 20, 2025, Waller stated that he does not expect tariffs proposed by the Trump administration to significantly … Read more
In May 2025, U.S. retail sales fell by 0.9%, a steeper decline than the anticipated 0.6% drop, underscoring a cautious pullback in consumer spending amid mounting economic uncertainties. The Commerce Department’s report, released on June 17, 2025, highlighted a broad slowdown in discretionary purchases, marking the second consecutive monthly decline following April’s revised 0.1% decrease. … Read more
Washington, D.C. – The U.S. federal budget deficit reached $316 billion in May 2025, according to the latest Treasury Department data, marking a significant strain on the nation’s finances. This figure contributes to a year-to-date shortfall that is 14% higher than the same period in 2024, raising concerns among economists and policymakers about the trajectory … Read more
In May 2025, U.S. consumer confidence rebounded sharply, with the Conference Board’s Consumer Confidence Index® jumping 12.3 points to 98.0, exceeding expectations and marking the largest monthly gain in four years. Driven by optimism over a U.S.-China trade truce and delayed EU tariffs, this surge ended a five-month decline, signaling potential for increased spending and … Read more