Author: potus

President Donald Trump is hoping that separate phone calls Monday with Russian leader Vladimir Putin and Ukrainian President Volodymyr Zelenskyy will make progress toward a ceasefire in the war in Ukraine.Trump expressed his hopes for a “productive day” Monday — and a ceasefire — in a social media post over the weekend. His effort will also include calls to NATO leaders. Other news we’re following:Trump’s big bill advances in rare weekend vote: House Republicans narrowly advanced Trump’s big tax cuts package out of a key committee during a rare Sunday night vote, but just barely, as conservative holdouts are demanding…

Cristiano Amon, CEO & President, Qualcomm, on Centre Stage during day one of Web Summit 2024 at the MEO Arena in Lisbon, Portugal. Shauna Clinton | Sportsfile | Getty ImagesQualcomm on Monday said it plans to launch processors designed for data centers to power artificial intelligence, which will link to Nvidia’s chips.Nvidia’s graphics processing units (GPUs) have become a critical component in data centers used to train huge AI models that power applications like chatbots. They are often paired with a central processing unit (CPU) — a market dominated by Intel and AMD.Qualcomm said it is planning to launch a…

The Trump administration’s first 100 days in power signaled a sharp and dramatic reorientation of the U.S. relationship with Africa. Public health forecasting models estimate that that the administration’s grave cuts to the U.S. Agency for International Development (USAID) and the President’s Emergency Plan for AIDS Relief will result in 26 million additional HIV infections, 15 million preventable AIDS deaths, and 14 million more children orphaned by AIDS by 2040, with more than 60 percent of these impacts concentrated in only six African countries. Macroeconomic projections from the University of Denver similarly warn that cuts to U.S. foreign aid programs…

NEW YORK (AP) — U.S. stocks are drifting lower, while U.S. bonds and the value of the U.S. dollar are falling more sharply on Monday following the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt.The S&P 500 was 0.4% lower in morning trading after Moody’s Ratings became the last of the three major credit-rating agencies to say the U.S. federal government no longer deserves a top-tier “Aaa” rating. The Dow Jones Industrial Average was down 38 points, or 0.1%, as of 10:05 a.m. Eastern time, and the Nasdaq composite was 0.6% lower.…

WASHINGTON (AP) — Republicans will look to get their massive tax cut and border security package back on track during a rare Sunday night committee meeting after that same panel voted against advancing the measure two days earlier, a setback that Speaker Mike Johnson is looking to reverse quickly.Deficit hawks joined with Democratic lawmakers on the House Budget Committee in voting against reporting the measure to the full House. Five Republicans voted no, one on procedural grounds, the other four voicing concerns about the bill’s impact on federal budget deficits. Johnson expressed confidence the bill will advance out of the…

Treasury Secretary Scott Bessent said in an interview on NBC News’ “Meet the Press” that Moody’s Ratings were a “lagging indicator” after the group downgraded the U.S.’ credit rating by a notch from the highest level.”I think that Moody’s is a lagging indicator,” Bessent said Sunday. “I think that’s what everyone thinks of credit agencies.”Moody’s said last week that the downgrade from Aaa to Aa1 “reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns.”The treasury secretary asserted that the downgrade was related to the Biden administration’s spending…

(The Center Square) – Energy policies included in the U.S. House budget reconciliation package represent a “significant shift in U.S. energy policy,” those in the Texas energy sector argue.This is after the industry has expressed trepidation over Trump energy and tariff policies that created uncertainty in the market by driving up costs, reducing domestic output and dissuading domestic producers from investing in exploration and expanded production, The Center Square reported.While the Texas oil and natural gas industry reported job gains in January and February, it reported losses in March for the first time in months as rig counts dropped, The…

Jonathan Raa | Nurphoto | Getty ImagesWith President Donald Trump’s private dinner for top meme coin holders less than a week away, the leaderboard is awash with crypto wallets that are effectively anonymous.On May 22, the top 220 $TRUMP holders are invited to a dinner with the president at his Virginia golf club outside of Washington, D.C. The event was announced last month, and the tally closed Monday night.The nature of the pseudonymous wallets raises questions about the true identities and motivations of the token’s largest holders, who have bought a seat at the table with a U.S. president.Documents from…

While Baltimore’s Historic Pimlico Race Course is being prepared for the 150th running of the Preakness Stakes — which you can watch on NBC or Peacock beginning at 2 p.m. ET on Saturday, with the main event slated for 6:50 p.m. ET — demolition of the venue will begin soon after the last horses leave the oval this weekend.Here is everything you need to know about Pimlico Race Course, its history, why it’s being demolished, the plans for renovation and much more.Where is Pimlico Race Course located?Located in Baltimore, Maryland, Pimlico Race Course has traditionally hosted the “middle jewel” of the Triple Crown, the Preakness…

IE 11 is not supported. For an optimal experience visit our site on another browser.Brooklyn Bridge collision with Mexican naval ship leaves multiple casualties01:49Now PlayingPolice say Palm Springs car blast was an ‘intentional act of terrorism’01:28UP NEXTAt least 18 dead after powerful tornado ripped through Kentucky01:05Missouri and Kentucky storms leave buildings damaged and trees scattered00:47Cafe in Florida allows customers to play with capybaras03:21Mexico suing company that helped MrBeast produce video on Mayan ruins02:54Woman missing for weeks in wilderness found alive in California03:09Video shows dust storm sweeping through Chicago00:33Urgent search for Louisiana escaped inmates02:52Video shows 10 inmates escape from New Orleans…