Author: admin

News Reporter: President Joe Biden is set to announce a major executive action on Tuesday that will provide deportation protection and work authorization for select undocumented spouses of US citizens who have been living in the country for at least 10 years. This initiative will utilize the existing legal authority of “parole in place” and is a long-awaited move by immigration advocates and Democrats in an election year. The policy mirrors the Obama-era Deferred Action for Childhood Arrivals program, offering relief to hundreds of thousands of people, primarily Latinos, including spouses, children, extended family, and friends. Additionally, Biden plans to…

In a surprising turn of events, Nvidia, Wall Street’s artificial intelligence poster child, has surpassed Microsoft as the most valuable company in the world. Nvidia’s market capitalization closed at roughly $3.34 trillion on Tuesday, edging past Microsoft’s $3.32 trillion value. Apple remains the third most valuable company in the US with a $3.27 trillion market cap. Nvidia shares closed 3.5% higher on Tuesday, while Microsoft shares fell 0.5% and Apple shares lost 1.1%. Nvidia joined the exclusive group of US companies with a $3 trillion market cap earlier this month. The chipmaker’s stock has soared over the last year and…

The Federal Reserve, the central bank of the United States, plays a crucial role in shaping the country’s monetary policy. With the economy facing various challenges, there are calls for the Fed to cut interest rates to stimulate growth. However, there are certain factors that may deter the Federal Reserve from making such a move. One key consideration for the Fed is the state of the economy. While recent data has shown some signs of weakening, the overall picture remains relatively positive. Unemployment is at historic lows, and inflation is currently within the Fed’s target range. As a result, there…

Former President Donald Trump continued his aggressive rhetoric on illegal immigration at a campaign rally in Nevada in early June, where he claimed that nearly all the new jobs under President Biden have gone to illegal aliens. However, this claim is false, according to Bureau of Labor Statistics data. The data shows that the number of US-born workers has actually increased by about 3.5% since May 2021, shortly after Biden took office. Additionally, while the number of foreign-born workers has increased at a faster rate of 20% during Biden’s presidency, it does not mean that native-born workers are not getting…

Netflix is set to open massive entertainment venues in Dallas and King of Prussia that will allow fans to dive deep into the worlds of their favorite shows. The “experiential” complexes, known as Netflix Houses, will feature elaborate events, themed gift shops, and restaurants. Occupying former department store locations, both houses will exceed 100,000 square feet and are scheduled to open in 2025. Netflix is taking a page out of the theme park playbook with these immersive experiences. For fans of “Squid Game,” Netflix promises to recreate the intense Glass Bridge challenge where competitors must carefully navigate clear panels that…

Valéry Giscard d’Estaing, a French politician, is credited with popularizing the term “exorbitant privilege” in the 1960s. He used this term to describe the advantages enjoyed by the United States as the issuer of the world’s reserve currency, particularly the ability to comfortably run high deficits. However, in recent times, France has come to realize that it does not benefit from such a privilege. As the country gears up for parliamentary elections on June 30th and July 7th, its significant deficit and increasing debt have taken center stage in the political campaign. The European Commission is expected to initiate an…

Juneteenth originated in Galveston, Texas, on June 19, 1865, when enslaved people were informed of their emancipation. This day in history holds significance as the first state to officially recognize the celebration of Juneteenth. Despite the Emancipation Proclamation being issued in 1863, the abolition of slavery was not put into effect in certain Confederate-controlled regions until later, as stated by the Smithsonian National Museum of African American History and Culture. It wasn’t until June 19, 1865, when around 2,000 Union troops arrived in Galveston Bay, Texas, that freedom finally reached the enslaved individuals in the area, marking a crucial moment…

In recent news, the White House has adamantly denied claims that President Biden froze at a fundraiser event. This statement comes after allegations were made that the president experienced a moment of paralysis during the event, causing concern among onlookers. The White House Press Secretary addressed the issue, stating, “This did not happen. President Biden did not freeze at the fundraiser event. He was engaged and responsive throughout the entire evening.” The Press Secretary also emphasized that the president remains fully capable and in good health. Reports of the alleged incident spread quickly on social media, with many questioning the…

In a recent interview with CNN, Kevin Costner clarified that his new film, the first part of “Horizon: An American Saga,” is not three hours long, but rather two hours and fifty-one minutes. Costner, who co-wrote, produced, directed, and co-stars in the epic western set around the time of the American Civil War, emphasized that he makes movies to keep audiences engaged and entertained. The ambitious project includes four planned films, with the first chapter set to be released on June 28 and the second in theaters on August 16. Costner is currently filming the third movie, which he described…

In a recent statement, billionaire owner of The Washington Post, Jeff Bezos, addressed the turmoil within the newspaper and expressed support for maintaining high standards amidst concerns over the ethical integrity of its new publisher, Will Lewis. Bezos emphasized that the journalistic standards and ethics at The Post will not change, while acknowledging the need for evolution in the business. The memo from Bezos to The Post’s top personnel comes after serious questions were raised about Lewis, including reports of unethical practices related to his past assignments and attempts to suppress stories. The newsroom has been rocked by these revelations,…