Author: Press Room

Remember when Moody’s cut the US’s outlook to ‘negative‘ during the Biden years but didn’t actually downgrade the government’s credit rating? Well now that Trump is in the White House, Moody’s downgraded the US credit for the first time in over a century. The US was stripped of its perfect triple-A rating. Moody’s cited ‘growth in government debt,’ according to CNBC. CNBC reported: Moody’s Ratings cut the United States’ sovereign credit rating down one notch to Aa1 from Aaa, the highest possible, citing the growing burden of financing the federal government’s budget deficit and the rising cost of rolling over…

Paul McCartney and Ringo Starr will reunite for High in the Clouds, a new animated film featuring … More McCartney’s songs and Starr’s voice work, thrilling Beatles fans. LOS ANGELES, CA – JANUARY 27: Recording artists Paul McCartney (L) and Ringo Starr perform onstage during “The Night That Changed America: A GRAMMY Salute To The Beatles” at the Los Angeles Convention Center on January 27, 2014 in Los Angeles, California. (Photo by Kevin Winter/Getty Images)Getty Images Paul McCartney and Ringo Starr will soon be teaming up once again. The two are working together on the upcoming animated film High in…

President Donald Trump’s visit to the United Arab Emirates (UAE) included a deal on Thursday that will allow the Emiratis to purchase advanced semiconductors from the United States, paving the way for them to build the largest artificial intelligence (AI) campus outside of America’s borders. “We’re making great progress for the $1.4 (trillion) that UAE has announced it intends to spend in the United States,” Trump said from Dubai, the last stop on his week-long tour of the Middle East. “Yesterday the two countries also agreed to create a path for UAE to buy some of the world’s most advanced…

The Russian Foreign Ministry said on Thursday that Russia would make “adjustments” in its demands to Ukraine “due to developments on the ground,” a vague declaration following the Kremlin’s confirmation that strongman Vladimir Putin would reject Ukrainian President Volodymyr Zelensky’s call to meet in person. Putin suggested on Sunday that Russia and Ukraine should restart peace talks that began and rapidly evaporated in 2022 in the immediate aftermath of Russia’s full-scale invasion of the country. Putin had first invaded Ukraine in 2014 and has retained possession of the occupied Crimean peninsula ever since, but the “special operation” he began in…

Walmart expanded profit margins and could likely absorb any tariff impacts, former Walmart CEO Bill Simon seemed to suggest, as polling shows that some U.S. consumers — particularly swing voters — are worried companies will use tariffs as an excuse to rip off consumers. Simon made the remark during an appearance on CNBC on Thursday, as host Melissa Lee remarked, “Ninety percent of Americans are customers of Walmart. Should we expect price increases?” “Because you say that Walmart really theoretically should be able to absorb a lot of the cost of the tariffs. Why is it announcing price increases?” she…

Supreme Court Chief Justice John Roberts stopped fellow Justice Sonia Sotomayor interrupting during oral arguments over birthright citizenship and nationwide injunctions on Thursday. Sotomayor had been questioning U.S. Solicitor General John Sauer for several minutes about the authority of federal courts issuing nationwide injunctions, often interrupting him as he answered. “You are claiming that not just the Supreme Court, that both the Supreme Court and no lower court, can stop an executive from universally violating holdings by this court,” Sotomayor said. “We are not claiming that because we’re conceding that there could be an appropriate case only in class only,” Sauer…

The offensive, dubbed Gideon’s Chariots, reportedly aims to ‘conquer’ the entire Palestinian enclave from Hamas The Israel Defense Forces (IDF) have announced a new bombing campaign in the Gaza Strip aimed at defeating Hamas. The offensive comes after a ceasefire brokered by the US, Egypt, and Qatar expired in March.“Over the past day, the IDF launched extensive attacks and mobilized forces to seize strategic areas in the Gaza Strip, as part of the opening moves of Operation Gideon’s Chariots and the expansion of the campaign in Gaza,” the military said in a statement on Friday evening.The IDF reiterated its goals…

Audio of Special Counsel Robert Hur’s 2023 interview with Joe Biden was released on Friday evening. The portion of the audio released showed Biden repeatedly struggling to remember names and dates. AUDIO courtesy of Axios: Exclusive: Axios obtained the audio of Robert Hur’s 2023 interviews of Biden which show repeated mental lapses as he struggles to remember words & dates amid long, uncomfortable pauses.Biden WH didn’t release it last year. Listen below.w/ @MarcACaputo https://t.co/VJr2c9m3bh pic.twitter.com/Xoa0rQMtG9 — Alex Thompson (@AlexThomp) May 16, 2025 Joe Biden’s lawyer came to the rescue as the prosecutor grilled him about why he kept a classified…

Marco Jansen will miss the Major League Cricket season (Photo by Pankaj Nangia/Getty Images)Getty Images Star quick Marco Jansen will not be part of the upcoming Major League Cricket season in the U.S. due to Test commitments that start with South Africa’s clash against Australia in next month’s World Test Championship final in London. It was initially expected that the 25-year-old Jansen would only be unavailable at the beginning of an expanded 34-game MLC third edition, which runs from June 12-July 13. But he will miss the entire season after South Africa’s two-Test series in Zimbabwe was pushed forward, with…

President Donald Trump visited the United Arab Emirates (UAE) on Thursday as the third and final leg of his Middle East trip. After delivering remarks to servicemembers at Al Udeid Air Base in Qatar, Trump jetted off to the UAE, where he received another grand reception, as he did in Saudi Arabia and Qatar. UAE President Mohammed bin Zayed Al Nahyan greeted Trump as he exited the plane at the Abu Dhabi International Airport. Bin Zayed’s greeting was followed by a grand reception with woman dancing by waving their long hair to the beat of drums. Trump and bin Zayed then…