TODAY'S NEWS FLASH:
Trump Taps Chris Klomp for HHS Deputy Secretary as DOJ Exposes Massive Healthcare Fraud
Newsom Opposes California Billionaire Tax While Pitching National Version
Texas Senate Candidate Talarico Claims Black Churches Understand Jesus Better
America Proves USAID Critics Wrong With Swift Venezuela Earthquake Response
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Political Landscape
Newsom Fails to Block Billionaire Tax, Pivots to Push National Wealth Tax
Governor Gavin Newsom's effort to stop California's billionaire tax measure failed, sending the controversial 5% wealth tax to voters. Now he's calling for nationwide taxation of the ultra-rich—a move critics say will accelerate the state's exodus of high earners.
Trump Warns 'Godless Communists' Will Transform Cities Into Slums
President Trump issued stark warnings about the rise of socialism in Democratic politics after Mayor Zohran Mamdani-backed candidates swept New York City congressional primaries. Trump called the socialist victories a preview of urban decay if voters don't reject the far-left wave.
Global Impact
UK Defence Secretary Healey Resigns Over Military Spending
John Healey resigned as Britain's Defence Secretary in protest over inadequate military funding, blindsiding international allies. His departure raises serious questions about AUKUS commitments as global threats intensify.
Israel and Lebanon Sign Historic Framework Agreement in Washington
Secretary of State Marco Rubio presided over a landmark signing ceremony as Israeli and Lebanese ambassadors reached a framework deal aimed at ending Hezbollah conflict. Rubio called it 'the beginning of the beginning' toward lasting peace.
Economic Pulse
AI Reckoning: Tech Stocks Tumble as Investors Demand Proof Over Promises
Nasdaq fell 2.2% as a global selloff hammered Nvidia, SpaceX, and semiconductor stocks. Wall Street is questioning whether AI spending will ever deliver the promised returns—a brutal wake-up call for the tech sector.
Warsh's Fed Faces Inflation Dilemma as May CPI Jumps to 4.2%
New Federal Reserve chairman Kevin Warsh's tight-lipped approach leaves markets guessing as inflation accelerates. With May CPI hitting 4.2%, rate hike expectations are mounting and the Fed's next move remains uncertain.
Quick Takes
In blow to DC Studios ‘Supergirl’ is no match for ‘Toy Story 5' at box office
Lauryn Hill honored,Janet Jackson stuns Teyana Taylor and Druski makes history at BET Awards
NASA races to save Swift telescope from falling back to Earth with daring rescue mission
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Worth Checking Out
Microplastics were found in 58% of people with arterial plaque and increased their risk of heart attack and stroke by 4.5 times. A Chinese "Dragon Tea" may be the simple solution. Get all the details for better blood pressure here.
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