LinJianDe

S&P 500 closes at record high, marking a sharp snapback after stocks plunged in April

The S&P 500 reached a new record high, with investors buoyed by signs of easing global trade tensions.  The broad-based index rose 32 points, or 0.5%, to close at 6,173, surpassing its previous all-time high in February of 6,144. The S&P 500 has jumped roughly 24% since dropping sharply in …

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Senate eyes vote on Trump tax bill by end of week as deadline threatens recess

Washington — Congressional Republicans are racing to meet a self-imposed Fourth of July deadline to send a massive tax and domestic policy bill to President Trump as he dials up pressure on lawmakers, even as several major disputes have yet to be resolved.   On his way to The Hague …

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Trump’s pardons cost victims and taxpayers $1.3 billion, House Judiciary Committee Democrats’ review says

President Trump’s flurry of recent presidential pardons has cost crime victims and taxpayers approximately $1.3 billion in restitution and payments, according to a review by House Judiciary Democrats. The pardons absolved hundreds of convicted criminals from having to pay for damages and restitution caused by their crimes. Victims have not …

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Air India crash puts spotlight on Boeing 787

The Air India plane crash on Thursday is putting a renewed spotlight on Boeing, the manufacturer of the 787-8 Dreamliner aircraft that crashed in the western Indian city of Ahmedabad with 242 passengers and crew on board.  Boeing says the 787-8 is the aviation industry’s “best-selling passenger widebody of all …

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What to know about Trump’s Army anniversary parade

The Army commemorated its 250th anniversary with a festival and parade in Washington, D.C., on Saturday — which is also President Trump’s 79th birthday. The event included about 6,600 soldiers, as well as about 150 vehicles and over 50 aircraft taking part. Large crowds of people lined up along the parade route to …

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Noem asked Hegseth to direct troops to “arrest rioters to help restore law and order”

Homeland Security Secretary Kristi Noem asked Defense Secretary Pete Hegseth to direct military forces sent to the Los Angeles protests to arrest civilians — a request that would exceed authorities invoked by President Trump when he deployed the National Guard. In a letter sent Sunday, obtained first by the San Francisco …

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Coco Gauff beats Aryna Sabalenka to win first French Open women’s title

Coco Gauff became the first American to win the French Open women’s title since Serena Williams in 2015 after beating top-ranked Aryna Sabalenka in three sets on Saturday. It is her first French Open title and her second major overall. After a topsy-turvy opening set that Sabalenka edged 7-6 (5), the …

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Jane Birkin’s Hermes bag is going to auction at Sotheby’s

The original Hermès Birkin bag, once worn by the late actor and singer Jane Birkin, is heading to auction at Sotheby’s this summer. The leather handbag inspired what would be become one of the world’s most desired, hard to acquire and priciest fashion accessories. While the auction house resells a …

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Justice Department charges California man with threatening to kill Trump on Facebook

Federal prosecutors charged a Southern California man with allegedly threatening to kill President Trump on Facebook after last year’s election. The man — identified as 73-year-old Thomas Eugene Streavel of San Bernardino County — was indicted last week on three counts of making threats against a president-elect, the Justice Department …

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Trump praises Elon Musk and DOGE in Oval Office, says Musk will return to help after last official day

Washington — President Trump praised Elon Musk for his work through the White House’s Department of Government Efficiency as the billionaire’s tenure as a “special government employee” comes to an end, saying his work “has been without comparison in modern history.” “He’s one of the greatest business leaders and innovators …

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