In a sobering assessment, the Congressional Budget Office (CBO) has raised concerns about the United States facing a potential bond market crisis akin to the turmoil experienced by the United Kingdom 18 months ago. The warning, issued by CBO Director Phillip Swagel, underscores the unprecedented trajectory of US government debt, now nearing $35 trillion, and […]
Sean ‘Diddy’ Combs, the renowned music mogul, has found himself at the center of a federal investigation led by a specialized unit of the Department of Homeland Security. This investigation, focusing on potential human trafficking crimes, represents a significant escalation in the legal challenges facing Combs, who has recently faced a barrage of allegations related […]
In a stunning display of market enthusiasm, Trump Media & Technology Group (TMTG) roared onto the Nasdaq exchange with a debut that surpassed all expectations. The company, under the new ticker symbol “DJT,” saw its shares surge by an impressive 36%, propelling its market capitalization to an astounding $9.25 billion on an undiluted basis. However, […]
In a tragic incident unfolding in Baltimore on Tuesday morning, at least six individuals are reported missing following a catastrophic collision between a large cargo ship and a pillar of the city’s iconic Francis Scott Key Bridge. The impact of the collision resulted in the collapse of a section of the bridge, with devastating consequences. […]
In a significant development in the tech and media landscape, Truth Social, the social media platform launched by former President Donald Trump, is on the verge of going public. The much-anticipated move comes after shareholders of Digital World Acquisition Corp. (DWAC), a blank-check company, gave their seal of approval to a merger with Truth Social’s […]