U.S. Deputy Attorney General Lisa O. Monaco speaks as Attorney General Merrick Garland looks on after announcing an antitrust lawsuit against Live Nation Entertainment during a press conference at the Department of Justice in Washington, U.S., May 23, 2024. Ken Cedeno | ReutersPresident Donald Trump on Friday demanded that Microsoft fire Lisa Monaco, an executive who served as deputy attorney general during the Biden administration.The request appeared on Trump’s Truth Social account, which has 10 million followers. It comes one day after former FBI Director James Comey was indicted, days after Trump pushed to prosecute him.”She is a menace to U.S.…
Author: usaeverydaylife
A person walks past the U.S. Supreme Court in Washington, D.C., U.S., April 21, 2025.Kevin Lamarque | ReutersThe Supreme Court on Friday handed another win to the Trump administration by allowing it to withhold $4 billion in spending on foreign aid that was appropriated by Congress.A federal judge had previously ruled that the administration would have to spend the funds by the end of the month, but the Supreme Court’s decision puts that on hold.The brief order noted that the government has made a “sufficient showing” that the groups that sued were barred from bringing the lawsuit in question under a law called the…
The U.S. Capitol in Washington, DC.Win Mcnamee | Getty Images News | Getty ImagesA looming government shutdown could leave hundreds of thousands of federal employees without pay and put key economic data — including the closely watched jobs report — on ice.Congress has just four days left to agree on a stopgap bill that will keep the federal government fully funded past Tuesday. But as the clock runs out, party leaders are only growing more entrenched in their opposition.Republicans, who hold narrow majorities in the House and Senate, want to pass a “clean” resolution to temporarily extend funding. Democrats want…
Charges against Jeffrey Epstein were announced on July 8, 2019 in New York City. Epstein will be charged with one count of sex trafficking of minors and one count of conspiracy to engage in sex trafficking of minors.Stephanie Keith | Getty Images News | Getty ImagesElon Musk, Peter Thiel and former Trump White House advisor Steve Bannon are among those who appeared in partially redacted files related to the late convicted sex offender Jeffrey Epstein that were released on Friday by Democrats in the House Oversight Committee.The committee earlier embarked on a probe to evaluate whether the federal government mishandled its…
The gunman who suspected he had CTE when he killed four people and himself in a Manhattan office building in July did in fact have the degenerative brain disease, a medical examiner said Friday.Shane Devon Tamura, 27, who played high school football, had “unambiguous diagnostic evidence” of low-stage CTE, or chronic traumatic encephalopathy, the New York City medical examiner said.The brain disease is caused by repeated head injuries and is most commonly associated in the U.S. with NFL players. But researchers say Tamura is far from the first young athlete to develop CTE despite not having played sports after high school or college.”We know that…
U.S. President Donald Trump attends the 2025 Ryder Cup at Black Course at Bethpage State Park Golf Course on Sept. 26, 2025 in Farmingdale, New York.Anna Moneymaker | Getty ImagesHouse Minority Leader Hakeem Jeffries ripped President Donald Trump on Friday for leaving town to watch golf matches in New York with just four days left to avoid a possible federal government shutdown.”He doesn’t have the time to meet with Democratic leaders to fund the government and address the Republican health care crisis, but Donald Trump, right now, as we speak, is at a golf event,” Jeffries, D-N.Y., said at a…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) A firm finish to the week for stocks keeps the S & P 500 ‘s multi-day pullback to a minimum. With every excuse to retreat more notably — technical overbought conditions, unfriendly seasonal patterns, sell-the-news responses to flashy AI/chip news and a bump in Treasury yields — the index was only off 0.30% this week, less than a percent from the Sept. 22 record high, and hasn’t had even a 3% dip since May. The self-supporting rotational action…
Lisa Cook, governor of the US Federal Reserve, speaks at the Peterson Institute For International Economics in Washington, DC, US, on Thursday, Oct. 6, 2022.Ting Shen | Bloomberg | Getty ImagesPresident Donald Trump’s firing of Federal Reserve Governor Lisa Cook for alleged misconduct would not cause “financial market disaster,” the Department of Justice argued in a Supreme Court filing Friday.Solicitor General D. John Sauer made that argument as he urged the high court to let Trump’s bid to fire Cook take effect while proceedings in her lawsuit against the president continue.Trump, argued Sauer, “suffers irreparable harm” from lower-court rulings ordering…
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesSpirit Airlines told staff Friday that it’s suspending about 40 routes, finalizing a 25% cut to its November schedule as it scrambles to slash costs in bankruptcy and focus on profitable flights.”While the news has been tough, we believe the clarity will help us move forward as a team,” Rana Ghosh, Spirit’s chief commercial officer, said in a note to employees, which was seen by CNBC.Earlier this week Spirit said it plans to furlough about…
Wall Street is going to need another “goldilocks” number out of next week’s jobs report, as investors grow wary of a pullback. The September nonfarm payrolls report, which is due to come out Friday, is expected to have a bigger impact than usual for the market, as it will determine the path of monetary policy for an unusually polarized Federal Reserve. Markets were last pricing in two interest rate cuts for the remainder of 2025, the same as what the central bank itself projected at its last meeting . Stocks went higher on the back of the Fed’s prediction. But…
