Author: Press Room

Sales of new homes in the U.S. plunged in May, falling to the lowest level since the start of the year, as high prices and rising mortgage rates pushed away buyers. Single-family home sales fell by 7.3 percent to an annual rate of 580,000, according to Census Bureau data released Wednesday. Economists had expected an annual sales pace of 640,000, which would have been an increase from the prior month’s preliminary estimate of 622,000. The April estimate was revised up to 626,000. The median sales price moved up to $424,900, close to where it was a year ago but two…

The Department of Justice (DOJ) is charging more than 400 people with healthcare fraud that cost Americans at least $6.5 billion. First Assistant U.S. Attorney for the Central District of California Bill Essayli shared in a post on X on Tuesday that as a result of the 2026 National Health Care Fraud Takedown, 455 people were “charged in connection with $6.5+ BILLION in alleged fraud.” “Today, under the leadership of @VP Vance and @DAGToddBlanche, we are announcing the 2026 National Health Care Fraud Takedown involving 455 defendants charged in connection with $6.5+ BILLION in alleged fraud,” Essayli said. Essayli also…

Trump administration officials have told key Hill Republicans they should expect a request for an Iran war supplemental funding package by the end of this week. The request is expected to be about $80 billion, according to five people familiar with the matter who were granted anonymity to discuss sensitive negotiations. But House GOP appropriators believe the Senate will likely add additional non-military items, such as disaster relief or farm aid. House GOP leaders are worried the push for a supplemental bill will undercut their effort to pass another party-line reconciliation bill with GOP priorities and extra defense funding. Congress…

Mass immigration, elite contempt, stagnant living standards, and deep class division still drive the frustration that shook Britain in 2016 This week marks the tenth anniversary of the Brexit referendum – an event that has reshaped British politics over the past decade and may well continue to do so into the future.Brexit had its origins in Britain’s complex relationship with the EU and its predecessor organization, the European Economic Community (EEC) – a relationship that has for decades been at the heart of British politics.Since the 1950s, Britain has been divided over whether it should become a member of these…

MELBOURNE, Australia (AP) – Iran’s Revolutionary Guard used two agents who once lived in Australia to direct arson attacks against Jewish targets in Sydney and Melbourne, the head of Australia’s domestic spy agency said on Wednesday. “Iran continues to view Australia as a legitimate target for covertly directed acts of violence,” Mike Burgess, director-general of the Australian Security Intelligence Organization (ASIO), said. Australia last year blamed Iran for fires that damaged Lewis’ Continental Kitchen, a kosher eatery in Sydney, and Melbourne’s Adass Israel Synagogue two months apart in 2024. A major diplomatic rift led to Iran’s ambassador being expelled. Tehran…

Treasury Secretary Scott Bessent on Tuesday laid out a doctrine of “economic statecraft,” telling the Economic Club of New York that the United States would wield its economic power “in service of our sovereignty” and warning that a country unable to produce what it needs “is not truly secure.” Speaking at the club’s America 250 Gala Dinner on the eve of the nation’s 250th anniversary, Bessent organized the Trump administration’s approach around what he called five core principles, anchored by the argument that national strength begins at home with the capacity to build. “We have rediscovered at great cost what…

On Tuesday’s broadcast of Fox News Channel’s “Hannity,” Sen. John Fetterman (D-PA) said several Democrat candidates in New York who have “contempt for Israel” were “also anti-American.” Fetterman said, “These are the kind of people that are trying to run out of office, I mean, they’re just good traditional kinds of Democrats. You would have expected it in New York City. And now this has just become really, it’s just the dancing days of the dirtbag left. You know, with some of these outrageous candidates. You know, you have candidates. They’re here to abolish ICE, abolish the police, abolish the…

House Republicans have advanced a bill that would prohibit members of Congress and their family members from trading on certain Washington-focused prediction markets. The House Administration Committee’s GOP members on Wednesday voted along party lines in favor of the legislation, which proposes to bar lawmakers, their spouses and their dependent children from participating on prediction markets that are based on the outcome of elections or government actions. It marks the latest in Capitol Hill’s efforts to curb the threat of insider trading on the prediction markets — a risk that has burst into the spotlight in recent months after a…

The Microsoft co-founder told Congress that the sex offender pressured him with knowledge of his infidelities Billionaire Bill Gates has claimed that the late pedophile and financier Jeffrey Epstein tried to blackmail him over affairs he had with Russian women, according to newly released congressional testimony.The Microsoft co-founder appeared before the US House Oversight Committee on June 10 as part of an investigation into the convicted sex offender’s activities and ties to influential figures. A transcript of the closed-door interview was released on Tuesday amid scrutiny that Gates has faced since disclosures from the so-called Epstein files were released by…

The IRS built its chatbot and live-chat programs to do something taxpayers have wanted for years: make it easier to resolve routine tax problems without having to sit on hold. But the agency can’t say that it’s working.gettyIRS chatbots were supposed to reduce phone pressures. But the Treasury Inspector General for Tax Administration, or TIGTA, found the IRS cannot prove they work.The IRS built its chatbot and live-chat programs to do something taxpayers have wanted for years: make it easier to resolve routine tax problems without having to sit on hold. But a recent TIGTA report says the agency expanded…