Two gatherings in Beijing on Wednesday set the scene for China’s response to ongoing global economic disruptions. A meeting of the CPC’s Politburo pledged to maintain current macroeconomic policy, to “stabilize the fundamentals of foreign trade and investment,” and to support companies impacted by economic shocks. Chinese President Xi Jinping also led a gathering of non-Party…
Billionaire Elon Musk and President Donald Trump tried to take a chainsaw to federal government spending, but it turns out they actually wasted tens of billions of taxpayer dollars. The Department of Government Efficiency generated some $21.7 billion in waste across the federal government in the first six months of the year, according to a…
Illustration: Steve Wacksman My parents would occasionally wax nostalgic about catching Frank Sinatra perform at the 500 Club during Atlantic City’s glory days. My mother beamed when reminiscing about the Chairman of the Board performing on Missouri Avenue in 1959. “If you only saw Frank Sinatra up close,” my mother would say. I’d roll my…
Donald Trump, beset by a week of bad news, has decided to rattle the most dangerous saber of all. In a post today on his Truth Social site, the president claimed that in response to recent remarks by former Russian President Dmitri Medvedev, he has “ordered two Nuclear Submarines to be positioned in the appropriate…
NEW YORK (AP) — The Smithsonian Institution has removed from an exhibit a reference to President Donald Trump’s two impeachments, a decision that comes as the White House exerts pressure to offer a more positive — and selective — view of American history. A spokesperson said the exhibit eventually “will include all impeachments.” WATCH: A look at what’s behind…
As Tesla’s latest earnings season wraps up, the EV giant finds itself straddling two divergent realities Tesla (TSLA) just posted another bruising quarter — revenue down, margins squeezed, and free cash flow collapsing. Yet the stock still trades at a nosebleed 150x forward earnings. Why? Because Tesla isn’t priced like a car company. It’s priced…
Theo Von has gone viral for going to UFC events solo. The American comedian is what you call a hardcore UFC fan among celebrities, as Von is often seen alone cageside at UFC events from the very first fight of the night, the early prelims. The VIP seats are usually all empty or close to…
The Simpsons’ creator, Matt Groening, hinted that the longest-running animated sitcom will continue well beyond its upcoming 37th season. Appearing at San Diego Comic-Con, the 71-year-old cartoonist said, “I really thought 36 was where we were going to stop it. But there’s no ending in sight. We’re going to keep going until someone dies.” According…
Russian President Vladimir Putin has voiced hopes for further peace talks with Ukraine – but stressed his troops were “advancing on the entire front line”, despite the threat of looming US sanctions if a ceasefire was not agreed upon. “All disappointments arise from inflated expectations,” Putin said, in an apparent reference to Trump’s “disappointment” with…
Emilia Clarke’s Brain Aneurysm Emilia Clarke filmed battle scenes for Game of Thrones, but in 2019, she published an essay in The New Yorker titled “A Battle for My Life.” Having a bad headache at the gym, “I reached the toilet, sank to my knees, and proceeded to be violently, voluminously ill,” the actress wrote….