Investments and Business

Judge rejects Trump’s New York Times lawsuit for being ‘decidedly improper and impermissible’

Trump loses legal battle with New York Times over ‘decidedly improper and impermissible’ lawsuit

A judge in New York has thrown out a lawsuit filed by Donald Trump against The New York Times, characterizing the case as both inappropriate and inadmissible, signaling yet another legal defeat for the former president. The ruling highlights the intricate legal struggles Trump still confronts as he attempts to oppose media criticism and ongoing probes.The lawsuit stemmed from a 2018 investigation published by The New York Times that examined Trump’s financial history, including details about his taxes and the transfer of wealth within the Trump family. Trump had accused the newspaper of engaging in what he described as a…
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Trump admin ditches Biden-era plan to make airlines pay compensation for flight disruptions

Trump admin rejects Biden-era proposal for airline compensation on delays

A significant change in aviation policy within the United States has emerged as the present government officially drops a plan established in the last administration, which would have required airlines to compensate passengers for interruptions due to delays or flight cancellations. This move has ignited a countrywide discussion regarding passenger rights, industry responsibility, and the wider effects on consumer protection in air travel.The recently abandoned proposal aimed to make airlines financially accountable when travelers encountered major disruptions. According to the plan, airlines would be required to offer financial compensation, in addition to ticket refunds, for delays they could manage. Advocates…
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DNA sequencing of ancient remains by Colombian scientists reveals unknown human lineage

DNA sequencing of ancient remains by Colombian scientists uncovers unknown human lineage

A group of researchers in Colombia has uncovered a finding that might redefine our knowledge of human history in the Americas. Through DNA sequencing from ancient remains discovered in the area, the team has uncovered signs of a previously unidentified human lineage. This discovery introduces a new phase in exploring early inhabitants on the continent and sheds light on the intricacy of human migration and development.The project focused on remains that date back thousands of years, carefully preserved in archaeological sites that hold key information about the earliest inhabitants of South America. Genetic analysis of these samples revealed markers that…
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Dow soars 800 points and hits record high as Powell hints at rate cut

Dow rockets 800 points to record high as Powell teases rate cut

El mercado de valores de Estados Unidos registró un aumento notable, con el Dow Jones Industrial Average subiendo 800 puntos para alcanzar un récord histórico. Este impresionante repunte ocurrió tras las declaraciones del presidente de la Reserva Federal, Jerome Powell, quien insinuó que podría haber una reducción en las tasas de interés próximamente.Powell's comments in a recent policy meeting suggested that the central bank might adjust its monetary approach after an extended phase of tightening. He mentioned that although inflation is still a worry, the general economic perspective and specific indicators have provided officials with increased leeway. Investors saw this…
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Trump has accused Fed Governor Lisa Cook of mortgage fraud. Here’s what we know

Fed Governor Lisa Cook and Trump’s mortgage fraud allegations: What’s happening?

Ex-President Donald Trump has captured media attention once more by accusing Federal Reserve Governor Lisa Cook of being implicated in mortgage fraud. This accusation has ignited lively debate in both financial and political domains, prompting inquiries into the validity of the claim, its potential impact on the Federal Reserve, and the wider political environment. Although the claim has garnered considerable focus, it is critical to distinguish between fact and conjecture and to assess the current understanding of the matter.Lisa Cook, who has served on the Federal Reserve Board since 2022, is a highly regarded economist with a distinguished academic and…
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How families can save money this back-to-school season

Tips for families to save money this back-to-school season

As the back-to-school season approaches, many families find themselves facing increased expenses on school supplies, clothing, technology, and extracurricular essentials. The financial burden can add up quickly, especially for households with multiple students. However, with careful planning and smart shopping techniques, parents can significantly reduce costs without compromising quality or readiness for the academic year.One of the most effective ways to manage expenses is to start with a comprehensive list. Before heading to the store, take inventory of items you already have at home. Often, supplies like notebooks, pens, and folders from previous years can still be used. By knowing…
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Will the long-expected car price hikes arrive with the ’26 models?

Are ’26 models set to introduce long-expected car price hikes?

The automotive industry has been navigating an unpredictable landscape over the past few years, marked by supply chain disruptions, fluctuating material costs, and shifts in consumer demand. As manufacturers prepare to unveil the 2026 model lineup, a critical question lingers among buyers and analysts alike: Will this be the year significant price hikes finally take hold?For much of the last decade, new vehicle prices have climbed steadily, driven by factors such as technological innovation, regulatory requirements, and heightened consumer expectations for safety and comfort. However, recent inflationary pressures and global economic uncertainties have added new layers of complexity to pricing…
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Southwest announced yet another way it’s becoming just a regular airline

Southwest takes another move to become just a regular airline

Southwest Airlines has long been recognized for its unique approach to air travel, setting itself apart from competitors through policies like free checked bags and a simple fare structure. However, recent announcements indicate that the airline is gradually moving toward practices more commonly associated with traditional carriers. This shift is raising questions about how the airline will maintain its distinct identity while adapting to the evolving demands of the aviation industry.The airline built its reputation on customer-friendly perks and a no-frills approach that appealed to budget-conscious travelers who valued transparency and affordability. Features such as two free checked bags, no…
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New tariffs are generating billions of dollars in revenue, but Bessent says that will go toward paying national debt

How new tariffs are fueling billions in revenue for debt, per Bessent

The introduction of new tariffs has quickly become a significant source of revenue for the United States, generating billions of dollars through duties collected on imported goods. While tariffs are often discussed in the context of trade negotiations and global economic strategy, their financial impact at home is equally important. According to insights shared by investment manager Scott Bessent, much of this income is not being directed toward new spending initiatives or domestic projects but is instead intended to help reduce the mounting national debt.Tariffs function as taxes on imports, and when imposed, they increase the cost of foreign goods…
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FTC sues ticket reseller for evading Taylor Swift’s Eras tour ticket limits

FTC takes action against ticket reseller over Taylor Swift’s Eras tour ticket restrictions

The enthusiasm over Taylor Swift’s Eras tour has become a significant cultural event recently, setting new records for audience size, ticket interest, and fan interaction. Nonetheless, this immense popularity has also highlighted enduring issues within the live entertainment sector, notably the problem of ticket resale. In a recent development, the Federal Trade Commission (FTC) initiated legal action against a ticket reseller, accused of intentionally bypassing rules designed to shield consumers from unfair conduct amid the rush for Eras tour tickets.According to the FTC, the reseller in question exploited technological loopholes and used deceptive methods to obtain tickets in bulk. By…
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