Author: usaeverydaylife

An exit poll in Poland’s presidential runoff on Sunday showed the two candidates in a statistical tie with the race still too close to call in the deeply divided nation. The results could set the course for the nation’s political future and its relations with the European Union.An Ipsos exit poll released when the voting ended showed that liberal Warsaw mayor Rafał Trzaskowski won 50.3% of the vote and conservative historian Karol Nawrocki won 49.7%. The poll has a margin of error of plus or minus 2 percentage points and the final vote is likely to change somewhat.Though the final…

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Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPresident Donald Trump lauded billionaire Elon Musk on Friday as the Tesla CEO wrapped up his time in government service after four turbulent months leading the so-called Department of Government Efficiency (DOGE).”This will be his last day, but not really, because he will, always, be with us, helping all the way,” Trump wrote Thursday on Truth Social, adding, “Elon is terrific!”Still, Musk said Sunday that while he has been a…

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Staff members remove a sign following a press conference after the House passage of the tax and spending bill, at the U.S. Capitol on May 22, 2025 in Washington, DC.Kevin Dietsch | Getty ImagesHouse Republicans passed a multi-trillion-dollar tax and spending package after months of debate, which included many of President Donald Trump’s priorities. Now, policy experts are bracing for Senate changes as GOP lawmakers aim to finalize the “big bill” by the Fourth of July.If enacted as currently drafted, the House’s “One Big Beautiful Bill Act” would make permanent Trump’s 2017 tax cuts, while adding new tax breaks for tip…

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US President Donald Trump boards Air Force One at Joint Base Andrews, Maryland, on May 30, 2025. Saul Loeb | AFP | Getty ImagesPresident Donald Trump’s top economic advisers maintained confidence on Sunday that the “tariffs are not going away,” as a key tenet of Trump’s policy agenda hangs in legal limbo.”Rest assured, tariffs are not going away,” Commerce Secretary Howard Lutnick said on “Fox News Sunday,” days after a federal court ruled that Trump overstepped his authority when he imposed the sweeping duties.A federal appeals court later granted the Trump administration’s request to temporarily pause the ruling, giving the White House…

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President Donald Trump ‘s tariff saga continues to add new twists and turns. In the week ahead, Wall Street should be braced for more of the same. These days, tariffs are just a fact of life for investors. And they defined the market again last week. Another fact that is increasingly harder to ignore: The market is showing the capacity to move on things other than just trade headlines. That was on display last week with Nvidia ‘s earnings providing a lift to the artificial intelligence cohort. Sure, when push comes to shove, the economic impact of Trump’s tariffs will…

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T-studios2 | E+ | Getty ImagesSome Social Security beneficiaries may find their June check is smaller: Starting this month, a share of people’s benefits can be garnished if they’ve defaulted on their student loans.The Trump administration announced on April 21 that the U.S. Department of Education would resume collection activity on the country’s $1.6 trillion student loan portfolio. For nearly half a decade, the government did not go after those who’d fallen behind as part of Covid-era policies.More than 450,000 federal student loan borrowers age 62 and older are in default on their federal student loans and likely to be receiving Social…

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White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | ReutersNational Economic Council director Kevin Hassett suggested on Sunday that President Donald Trump and China’s President Xi Jinping could have a conversation about trade as soon as this week.Hassett said, however, that a specific date for a conversation between the two leaders has not been set.”President Trump, we expect, is going to have a wonderful conversation about the trade negotiations this week with President Xi, that’s our expectation,” Hassett said on ABC News’ “This Week.”He followed…

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Speaker Mike Johnson, R-La., on Sunday defended cuts to Medicaid in the budget bill House Republicans passed last month from allegations that millions of Americans could lose their access to the program, saying that “4.8 million people will not lose their Medicaid unless they choose to do so.”Johnson told NBC News’ “Meet the Press” that the bill imposes “common sense” work requirements for some Medicaid recipients and added that he’s “not buying” the argument that the work requirements, which would require able-bodied Medicaid recipients to work, participate in job training programs or volunteer for 80 hours a month, are too “cumbersome.””You’re telling me that…

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Investors always pay close attention to bonds, and what the latest movement in prices and yields is saying about the economy. Right now, the action is telling investors to stick to the shorter-end of the fixed-income market with their maturities.”There’s lots of concern and volatility, but on the short and middle end, we’re seeing less volatility and stable yields,” Joanna Gallegos, CEO and founder of bond ETF company BondBloxx, said on CNBC’s “ETF Edge.”The 3-month T-Bill right now is paying above 4.3%, annualized. The two-year is paying 3.9% while the 10-year is offering about 4.4%. ETF flows in 2025 show that it’s…

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Smoke rises above the area following what local authorities called a drone attack on a military unit in the Sredny settlement, in the course of Russia-Ukraine conflict in the Usolsky district of the Irkutsk region, Russia, in this still image from a video published June 1, 2025. Governor Of Irkutsk Region | Via ReutersA Ukrainian drone attack has destroyed more than 40 Russian planes deep in Russia’s territory, a Ukrainian security official told The Associated Press on Sunday, while Russia pounded Ukraine with missiles and drones a day before the two sides meet for a new round of direct talks…

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