How one tweet wreaked havoc on the stock market

How one tweet wreaked havoc on the stock market

Amid a morning of pandemonium on Wall Street, a popular news aggregator on X, known as Walter Bloomberg, posted a false report declaring that President Trump was considering a 90-day pause on his controversial tariff proposal. This news was not true, and yet, index funds like the Dow Jones whipsawed — rapidly rising, before reversing…

Read More
#Trump fires FTC commissioners, setting up a legal battle

#Trump fires FTC commissioners, setting up a legal battle

President Trump fired the two Democratic members of the Federal Trade Commission (FTC) on Tuesday, setting up a challenge to a 1935 Supreme Court precedent prohibiting the firing of FTC commissioners for reasons other than “good cause.” The White House terminated commissioners Rebecca Kelly Slaughter and Alvaro Bedoya earlier Tuesday, The New York Times reported….

Read More
#Trump pardons Silk Road creator Ross Ulbricht

#Trump pardons Silk Road creator Ross Ulbricht

President Trump on Tuesday pardoned Ross Ulbricht, the creator of the infamous dark web exchange Silk Road, which was best known as a once-thriving online marketplace for illegal drugs. Trump announced the news in a Truth Social post, saying the pardon was in honor of Ulbricht’s mother and the Libertarian movement. Trump’s post on Truth…

Read More
#Jimmy Kimmel, Stephen Colbert and Seth Meyers React to “Ominous and Weird” Trump Inauguration

#Jimmy Kimmel, Stephen Colbert and Seth Meyers React to “Ominous and Weird” Trump Inauguration

“President McRib is back for a limited time: only four years,” said Jimmy Kimmel during his post-inauguration day Jimmy Kimmel Live! show on Monday night. “Today at noon Eastern, our long, national nightmare was officially sworn in another time, a second time,” Kimmel continued. “Donald Trump became the first convicted felon to be sworn in…

Read More