SCOTUS Reverses Purdue Pharma Opioid Settlement, Threatening Billions For Victims
The ruling dealt a blow to Purdue Pharma's bankruptcy reorganization plan, which aimed to allocate billions of dollars to victims of opioid addiction while shielding the Sackler family from future lawsuits.
Newly Naturalized Citizens Set to Reshape 2024 Election Landscape
Reports highlight the electoral potential of over 7.4 million eligible foreign nationals who could impact the election if they obtain citizenship before November. This demographic surpasses the 2020 presidential margin of victory in states like Florida and Texas.
Walgreens To Close Underperforming Stores Amid Financial Challenges, Reports Say
CEO Tim Wentworth discussed the decision in interviews with CNBC and the Wall Street Journal, attributing it to challenges like weaker consumer spending forecasts.
30-Year Mortgage Rate Drops To 6.86%, Easing Burden On Homebuyers
Freddie Mac's chief economist, Sam Khater, highlighted that the 30-year fixed-rate mortgage hit its lowest level in nearly three months and expects rates to continue to fall over the summer, potentially bringing more buyers back into the market.
US Economy Grows At 1.4% In Q1, Slightly Up From Initial Estimate
The upward revision is attributed to a decrease in imports and increased nonresidential fixed investment and government spending.
SCOTUS Permits Emergency Abortions In Idaho, Legal Questions Remain
The decision, supported by a mix of conservative and liberal justices in a 6-3 vote, offers temporary protection for doctors who determine that an abortion is the best treatment for a patient in jeopardy.
SCOTUS To Review Constitutionality Of Gender-Affirming Care Bans For Minors
The announcement, made Monday, comes as part of the Court's next term, spotlighting a contentious issue that has seen extensive legislative action in various states.
Abortion Bans Are Leading To 'Healthcare Crisis', Says Kamala Harris
June 24 marks two years to the day since the Dobbs decision that overturned Roe v. Wade, which codified a woman's right to abortion.
Senator Graham Slams Biden's Immigration Relief, Calls It A 'Disaster'
Senator Graham, criticized the recent immigration relief, suggesting it could encourage more migrants to come to the United States.
Trump Announces He Has Selected His Vice-Presidential Running Mate
Officials within Trump's campaign had hoped that Tim Scott could attract Black voters.
China And EU To Initiate Discussions On Subsidies For Electric Vehicles
Last week, the EU threatened Chinese electric vehicle (EV) manufacturers with tariffs of up to 38%, effective from July 4.
Trump To Address Christian Voters Before Holding Rally In Philadelphia
The event will emphasize issues crucial to conservative Christian voters leading up to the November 5 election.
Yemeni Houthi Rebels Target Ship In Gulf Of Aden As Eisenhower Heads Home
The Houthis, who have held Yemen's capital, Sanaa, since 2014, did not immediately claim responsibility for the attack.
Trump Praises Stefanik, Emerges As His Potential VP Pick
The former president praised Stefanik for her efforts in supporting the military and veterans, boosting the economy and reducing inflation.
Firearm Injury Rates Stay Elevated In 2023, Urging Prevention Focus: CDC Report
Disparities were notable among racial and ethnic groups, with Black and Hispanic individuals experiencing elevated rates of firearm injuries through 2023.
New York Implements Landmark Law Requiring Parental Oversight Of Social Media Algorithms
The legislation include limits on "addictive feeds" targeted at users under 18 and a ban on notifications related to such content from midnight to 6 a.m.
Walmart Enhances Customer Convenience With Digital Price Tags Across Stores
This newfound efficiency allows staff to focus more on customer service, ensuring that shoppers receive better assistance and quicker responses to their needs.
Trump Urges Georgia Court To Reject DA Willis' Bid To Dismiss Appeal In Election Case
Trump and 18 others were indicted last August on charges related to efforts to overturn the 2020 presidential election results in Georgia.
Florida Law Enforcement Official Sues DeSantis Over Alleged Retaliation
The lawsuit, filed overnight in state Circuit Court in Tallahassee, accuses DeSantis and his senior aides of wrongful termination and retaliation.
Home Loan Costs Decline Again, Hitting Lowest Rate Since Early April
This marks the third consecutive week of declining mortgage rates, which have largely remained around 7% since April.
Families Of Boeing 737 Max Crash Victims Seek $24.8Bn Fine, Criminal Charges
Boeing's 737 MAX experienced two infamous crashes in 2018 and 2019 that together claimed 346 lives.
Wildfires Ravage New Mexico And California, Forcing Thousands To Evacuate
The South Fork Fire and the Salt Fire have converged near Ruidoso, prompting the evacuation of its 7,800 residents. The fires have scorched over 20,000 acres and remain completely uncontained.
Tropical Storm Alberto Hits Gulf, Brings Heavy Rain And Coastal Flooding To Texas
The National Hurricane Center reported that the storm system was moving west at about 9 mph and expected to increase in speed.
Stonehenge Vandalized: Activists Spray Orange Paint, Prompting Arrests
The action, condemned by Chancellor Rishi Sunak as "disgraceful vandalism," coincided with preparations for the summer solstice celebrations, drawing sharp criticism from various political figures.
Fiscal Year 2024 Federal Budget Deficit Surges To $1.9 Trillion, CBO Projects
This adjustment represents a 27% rise in the deficit forecast, attributed to factors such as increased Medicaid spending, the fallout from the 2023 banking crises, and the passage of a $95 billion aid package for Ukraine, Israel, and the Indo-Pacific region in April.
Elizabeth Warren Leads Democratic Boycott Of Netanyahu's Congressional Speech
Several lawmakers, including former House Speaker Nancy Pelosi and Representative Jim Clyburn of South Carolina, had announced their intentions to skip the event.
Elon Musk Defends Free Speech Stance Amid Advertiser Tensions
Last November, Musk had lashed out, telling advertisers to "go f— yourself" after several paused their spending on his platform X, citing concerns over ad placement next to controversial content.
Biden Approves $360 Million Arms Sale To Taiwan Amid Rising Tensions With China
Taiwanese President Lai Ching-te reportedly expressed appreciation during a press conference in Taipei, emphasizing the crucial role of such arms sales in upholding peace across the Taiwan Strait.
House Ethics Committee Intensifies Probe Into Rep. Matt Gaetz Over Alleged Misconduct
The committee's closed-door sessions have involved at least half a dozen women who attended parties where Gaetz was present.
Russia and North Korea Sign Strategic Partnership, Pledge Mutual Support
The agreement includes a mutual defense clause and aims to strengthen economic and military ties amid ongoing Western sanctions and geopolitical tensions.