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Epstein Files Split MAGA: Republicans Block Release Amid Trump Fallout

House Republicans blocked Democrats’ effort to force release of Jeffrey Epstein files, deepening divisions within the party and stoking MAGA backlash against Trump’s handling of the scandal.

Number

2.7% - U.S. annual inflation rate in June, highest since February due to Trump's tariffs.

Quote

"Playing around with the Fed can often have adverse consequences — the absolute opposite of what you might be hoping for" — Jamie Dimon

SPX 6,255 ↓ 0.22% Dow 44,102 ↓ 0.80% Nasdaq 20,716 ↑ 0.37% Gold 3,334 ↓ 0.76% BTC 116,682 ↓ 2.64%

24 Hours

Trump Lowers Indonesia Tariff to 19 Percent

President Trump announces a new trade deal with Indonesia after lowering tariffs, signaling a shift in US trade relations in Southeast Asia.

House Republicans Block Release of Epstein Files

The ongoing debate and political pressure regarding the Jeffrey Epstein files reveal deep divisions within US politics, with Republicans blocking efforts to release the documents.

Mike Waltz Faces Tough Questioning Over Signal Scandal

Senate confirmation hearing for Mike Waltz, Trump's pick for UN ambassador, dominated by scrutiny over the Signalgate chat controversy.

Inflation Climbs to 2.7 Percent as Trump Tariffs Take Toll

Inflation and economic impacts rise as Trump’s tariffs begin pushing up prices, affecting consumer costs across various sectors.

Apple Invests $500M in US Rare Earth Magnets Producer

Apple commits a significant $500 million investment to US-based rare earth minerals production, aligning with national security and supply chain goals.

Nvidia and AMD Win Green Light to Sell AI Chips to China

Nvidia and AMD are cleared by the Trump administration to resume selling advanced AI chips to China, signaling a shift in tech trade restrictions.

NYC and NJ Flooded by Torrential Rains, Two Dead

Deadly flash floods hit New York City and New Jersey, causing disruptions and at least two confirmed deaths amid severe weather warnings.

Senate Set For Key Vote on Trump’s $9.4B Spending Cuts

Senate Republicans prepare to advance Trump’s $9.4 billion rescissions package amid internal dissent affecting voting unity.

Trump and McCormick to Announce $70B AI and Energy Investment

President Trump signals major $70 billion investment in AI and energy sectors in Pittsburgh, aiming to boost US tech and energy dominance.

Cuomo Launches Independent Mayoral Run After Primary Defeat

Political gridlock intensifies in New York City’s mayoral race as Andrew Cuomo continues campaign as an independent against socialist Zohran Mamdani.

Trump’s Base Feels Played Over Epstein Files

U.S. Political fallout continues from handling of Epstein files as Trump faces backlash from MAGA supporters and calls for transparency increase.

Supreme Court Greenlights Layoffs at Education Department

Supreme Court allows Trump administration to proceed with dismantling the Department of Education despite union and political opposition.

Israeli Air Strikes Kill 12 in Eastern Lebanon, Including Hezbollah

Tensions rise as Israeli strikes hit Syria and Lebanon amid sectarian clashes and ongoing conflict with regional militant groups.

Senate Majority Leader Preps Vote on Government Spending Cuts

Senate Republicans and leadership focus on fiscal conservatism with upcoming votes on budget cuts and funding rescissions.

Deadly Flash Floods Slam Northeast, Stranding Commuters

Floods and abnormal weather patterns continue to wreak havoc across the US Northeast and Texas, intensifying calls for disaster relief funding.

DOJ Investigates Whistleblower in Case Against Trump Lawyer

FBI and DOJ under scrutiny with accusations over handling of intelligence, whistleblower investigations, and political maneuvers.

China’s Economy Slows to 5.2% Growth Amid Tariff Pressure

China's economic growth slows slightly amid ongoing trade pressures from tariffs and global market uncertainties.

Massive Wildfires Sweep Through Oregon, Threaten Communities

Major wildfires erupt across the western US, including Oregon and at the Grand Canyon, prompting evacuations and raising questions about prevention and response.

Trump Administration Ends Immigration Bond Hearings

Political tensions rise regarding immigration policies, including immigration raids, bond hearing restrictions, and protests over immigration enforcement.

Republicans Push to Cut EPA Budget by 23 Percent

Federal and state legal and political battles over education funding, curriculum disputes, and the role of the federal Department of Education continue to unfold.

JPMorgan Beats Estimates Amid Market Rebound

Market and economic dynamics as investors react to Trump administration policies, AI investment surges, and developments in financial institutions.

U.S. and Allies Flex Military Muscle in China’s Backyard

US foreign policy and military readiness highlighted through NATO activities, weapons shipments to Ukraine, and confrontations with Russia and China.

Former MLB Pitcher Daniel Serafini Convicted of Murder

Tragic crimes and legal proceedings involving murder convictions and trials continue to capture public attention across the US and abroad.

NYC Mayoral Candidate Mamdani Faces Fierce Criticism

Significant political foment surrounds the New York City mayoral race as socialist nominee Mamdani gains backlash over his policies and rhetoric.

Trump Administration Restricts Climate Change Report Access

NASA and climate experts alarmed as the Trump administration delays and limits access to major climate change reports and carbon monitoring programs.

Supreme Court Endorses Trump Layoffs at Education Dept

The Supreme Court continues to issue pivotal rulings favoring the Trump administration, including endorsing federal layoffs and policy rollbacks.

House Oversight Demands Testimony from Biden Aides Lawyers Up

Increased public calls for government accountability and transparency emerge amid reports of ethics investigations and Congressional probes.

Rolls-Royce Invests $75 Million to Expand South Carolina Plant

Energy production and technology companies announce major investments and expansions, highlighting competition and innovation in the sector.

FBI Seeks Info on Three Iranian Intelligence Officers

National security and espionage concerns intensify as FBI seeks information on Iranian intelligence officers and CIA ties to historic cases are revisited.