Author: Press Room

What are the pros and cons of going cashless?getty From tap-to-pay cards to crypto wallets, digital transactions are redefining how people store, spend, and manage money. Because of its convenience, more and more people are going cashless. For example, according to a 2022 survey by Pew Research, 41% of adults in the U.S. do not use cash in a typical week, up from 29% in 2018 and 21% in 2015. This is corroborated by data from Capital One Shopping, which estimates that in 2025, up to 51.6% of Americans use cashless transactions. Nonetheless, going cashless opens you to issues of…

Elon Musk has fired one of his closest minions, Omead Afshar, from his position as Tesla head of operations for North America and Europe, as the EV giant faces flagging sales and business problems around the world. Bloomberg reports that Tesla is facing another significant executive departure as Omead Afshar, a powerful leader and one of CEO Elon Musk’s closest allies, has left the company after being fired by Musk, according to people familiar with the matter. The news of Afshar’s exit has been circulating internally among employees in recent days, with his name no longer appearing in the company’s…

Defense Secretary Pete Hegseth will hold a press conference at the Pentagon on Thursday about Operation Midnight Hammer in response to reports questioning the success of the strikes. President Donald Trump announced in a Truth Social post that Hegseth and others will partake in the presser at 8:00 a.m. “to fight for the Dignity of our Great American Pilots.” He wrote: These Patriots were very upset! After 36 hours of dangerously flying through Enemy Territory, they landed, they knew the Success was LEGENDARY, and then, two days later, they started reading Fake News by CNN and The Failing New York…

Consumer sentiment rose sharply in June, according to data released Friday by the University of Michigan, as Americans reported improving views of both current economic conditions and future prospects. The Index of Consumer Sentiment climbed to 60.7, up from 52.2 in May, a 16.3 percent increase that marked the first gain in six months. The index remains 11 percent below its June 2024 level and roughly 18 percent lower than its recent peak in December 2024, following the presidential election. “Sentiment improved across a range of economic aspects, including expectations for personal finances and business conditions,” said Surveys of Consumers…

Rep. Tom Suozzi (D-NY) did what few Democrat politicians seem willing to do: have a discussion about abortion with someone who disagrees with them. In an appearance on the podcast Bishop Barron Presents on June 12, self-proclaimed Catholic lawmaker Suozzi discussed with Bishop Robert Barron how Democrats and Republicans could work together to lower the number of abortions each year in the U.S. There were an estimated one million plus unborn babies killed in abortions in 2024. Bishop Barren prompted the discussion by telling Suozzi how many Catholics have abandoned the Democratic Party because of its radical embrace of abortions throughout pregnancy.…

President Donald Trump on Friday backed off the July 4 deadline he set for Congress to pass his megabill, acknowledging the timing could slip as Republicans work through a series of political and logistical hurdles. “It’s not the end-all,” Trump said of the self-imposed Independence Day goal. “It can go longer, but we’d like to get it done by that time if possible.” The remarks represented a clear softening of the White House’s position from just a day earlier, when Trump administration officials insisted the GOP lawmakers pass the domestic policy package within a week despite a series of fresh…

Middle East deescalation could motivate Moscow and Kiev to pursue diplomatic solutions, Steve Witkoff has said A ceasefire between Iran and Israel, declared this week after a brief escalation, could influence the Ukraine conflict, US Special Envoy to the Middle East Steve Witkoff has said, expressing hope for renewed peace efforts between Kiev and Moscow.The hostilities began on June 13 when Israel launched strikes on Iran, claiming Tehran was close to developing a nuclear bomb – allegations denied by the International Atomic Energy Agency (IAEA) and US intelligence.The US joined the campaign – which Israeli Prime Minister Benjamin Netanyahu described…

The US Supreme Court on Friday delivered another win for America. In a 6-3 decision the high court on Friday ruled that parents can opt out of classes with LGBTQ books. In 2022, a Maryland county approved LGBTQ-themed books for elementary school children to bring ‘diversity’ to school districts. One of the books approved was titled, “Uncle Bobby’s Wedding” – a book about a gay wedding. Other books approved by the radical school board pushed gender transition onto children. A Muslim couple and members of Catholic and Orthodox churches sued so they can opt their children out of the classes…

UIM E1 World Championship is partnering with Roc Nation to expand its fanbase.Getty Images E1, the electrified raceboat equivalent of F1, known for its sustainability-first mission and its famous team owners like Tom Brady, LeBron James, and Rafael Nadal, is partnering with Roc Nation Sports International (RNSI) to expand its global audience. According to the official launch release, the partnership will be focused on content creation, leveraging “RSNI’s cultural influence and talent ecosystem to showcase E1’s purpose-driven ethos through compelling storytelling and creative campaigns.” The agreement between the two entities runs through the remainder of the 2025 season, which at…

WASHINGTON, DC – JUNE 24: U.S. Senate Majority Leader John Thune (R-SD) speaks to reporters during … MoreGetty Images Millions of federal student loan borrowers got some unexpected good news this week, as Republican-led plans to make sweeping reforms to federal student loan repayment and loan forgiveness programs have stalled, at least temporarily. Unless Senate Republicans can come up with a solution, key elements of their legislative plans may not survive. The latest development is associated with budget reconciliation, a complicated legislative process that allows lawmakers to pass legislation with simple majorities in the House and the Senate, effectively bypassing…