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Bernie Sanders to Back Progressive Slate in New York House Primaries
Senator Bernie Sanders is set to headline a rally alongside New York City Mayor Zohran Mamdani, throwing his support behind a trio of progressive candidates aiming to unseat establishment Democrats in upcoming congressional primaries. The Brooklyn-born senator intends to bolster a movement Mamdani describes as centered on ideas rather than capital.
Federal Court Halts Trump Administration's Healthcare Coverage Rule
A federal judge in Maryland has blocked a Trump administration rule that critics argued would have effectively stripped millions of Americans of affordable health insurance. The ruling halts several restrictive provisions, including new eligibility requirements and premium penalties, that plaintiffs claimed were designed to systematically undermine the Affordable Care Act.
GameStop Renews Coinbase Bitcoin Strategy with Lowered Strike Price
After a previous set of Bitcoin options expired worthless on May 29, GameStop has rolled over its covered-call strategy with Coinbase, securing $5.8 million in premium income while resetting the strike price to $80,000 for its 4,710 BTC holdings.
Litecoin Whales Accumulate Amid Stagnant Network Activity
Large-scale investors have quietly bolstered their Litecoin holdings, adding 42 wallets containing at least 10,000 LTC over the past five months. This 7% growth among the network’s biggest players stands in stark contrast to broader market trends, where transaction volumes remain stuck near yearly lows despite renewed interest in the asset.
Dogecoin climbs as SpaceX IPO pushes Musk to trillionaire status
The aerospace giant SpaceX debuted on U.S. exchanges at $150 per share, triggering a massive market reaction that propelled Elon Musk’s personal fortune past the $1 trillion threshold. In the wake of this historic valuation, Dogecoin surged 7.6%, briefly hitting $0.091 as traders bet on the billionaire's influence.
Binance and Bybit Refund SpaceX IPO Subscriptions After Allocation Failure
Allocation chaos has forced Binance to scrap its highly anticipated SpaceX tokenized stock campaign, triggering full refunds for participants. The move follows a similar collapse at Bybit, which confirmed it received zero underlying assets from provider xStocks despite massive investor demand for the aerospace giant’s public debut.
US Food Insecurity Hits Pandemic-Era Highs as Inflation Bites
Food insecurity across the United States has surged to levels unseen since the height of the coronavirus pandemic, according to new data from the Federal Reserve Bank of New York. The findings highlight a growing divide between topline economic indicators and the daily struggle of lower-income families to afford basic necessities.
Trump Super PAC Plans $1 Million-Per-Plate Fundraiser
As food insecurity in the United States climbs to its highest levels since the pandemic, a super PAC supporting Donald Trump is preparing a high-stakes fundraiser at the Trump National Golf Club in Virginia, where attendees will be charged $1 million per seat to dine with the former president.
Bitcoin Slips to 15th Place in Global Market Rankings
Bitcoin has tumbled to 15th place in the global asset rankings, trailing behind major technology giants and industrial heavyweights like Saudi Aramco and SpaceX. With a market capitalization of $1.275 trillion, the cryptocurrency currently sits nearly 50% below its all-time peak, struggling to keep pace with an AI-driven rally in equities.
House Passes Resolution to End Trump’s Military Campaign Against Iran
Raucous applause filled the House chamber Wednesday as lawmakers narrowly approved a war powers resolution demanding an end to the ongoing conflict with Iran. The 215-208 vote marks a direct challenge to the White House, though skeptics warn the measure may struggle to overcome the president’s history of executive overreach.
House Republicans Pass Historic Cuts to Medicaid and Food Aid
House Republicans narrowly approved a sprawling budget package early Thursday, pushing through a 215-214 vote to slash roughly $1 trillion from Medicaid and SNAP. The legislation, which mandates stricter work requirements for low-income families, faces a difficult path forward as it heads to the Senate for further deliberation.
House Republicans Approve $70 Billion Funding Boost for ICE and DHS
With a razor-thin 214-212 vote, the House of Representatives cleared nearly $70 billion in new funding for the Department of Homeland Security and its enforcement arms, cementing a massive financial injection for the administration’s deportation agenda just as the bill heads to the president's desk.
Trump Budget Seeks Record Military Hike Amid Sweeping Domestic Cuts
President Donald Trump’s fiscal year 2027 budget request pits a historic $1.5 trillion military expansion against tens of billions in domestic spending cuts. The proposal, which slashes funding for healthcare, education, and climate initiatives, frames the massive defense surge as a necessity while labeling social programs as dispensable.
GOP Advances Record Military Budget Amid Deep Domestic Cuts
Congressional Republicans moved Thursday to greenlight a record-breaking $1.072 trillion defense budget for 2027, triggering sharp rebukes from Democrats who contend the massive military expansion is being financed by gutting essential social programs and domestic services for working families already strained by persistent inflation.
Trump Budget Proposal Seeks $1.5 Trillion for Military Spending
President Donald Trump’s upcoming fiscal year 2027 budget proposal seeks an unprecedented $1.5 trillion in military spending, a move estimated to add nearly $7 trillion to the national debt over the next decade. The request represents a 40% increase over current levels, sparking immediate backlash from advocacy groups and policy analysts.
Judge Halts Trump Administration’s $1.8 Billion ‘Anti-Weaponization’ Fund
A federal judge in Virginia has temporarily blocked the Trump administration from launching a $1.8 billion government-funded program intended to compensate individuals claiming they were targeted by federal agencies. The court order freezes all financial transfers and claim processing, citing concerns over the program's legality and lack of congressional oversight.
Judge Demands Sworn Oath to Kill Trump's $1.8 Billion Slush Fund
U.S. District Judge Leonie M. Brinkema has indefinitely blocked a proposed $1.8 billion fund intended for Trump administration allies, ordering top officials to submit a sworn declaration under penalty of perjury that the controversial payout scheme is permanently dead and will not be resurrected under any name.
Trump Negotiates $1.7 Billion Settlement to End IRS Lawsuit
Donald Trump is reportedly preparing to drop his $10 billion lawsuit against the Internal Revenue Service in exchange for a $1.7 billion taxpayer-funded compensation pool. The proposed deal, which would tap the Treasury’s Judgment Fund, seeks to pay allies who claim they were targeted by the previous administration.
Capitol Police Officers Challenge Trump’s $1.77 Billion Settlement Fund
Two officers who defended the US Capitol during the January 6, 2021 insurrection are suing to dissolve a $1.776 billion taxpayer-funded account. The fund, which critics label a slush fund for rioters and paramilitaries, was established this week to settle a lawsuit brought by Donald Trump against the Internal Revenue Service.
Tennessee man indicted in $1.9 million crypto investment scheme
Misam M. Abidi, a 47-year-old resident of Nolensville, Tennessee, faces an 11-count federal indictment for allegedly orchestrating a Ponzi-style cryptocurrency fraud. Prosecutors claim Abidi siphoned more than $1.9 million of investor capital into his own pockets and those of his family members between 2020 and 2024.
Maine Oyster Farmer Challenges Susan Collins With Anti-Oligarchy Bid
Declaring that the true enemy of the American worker is the billionaire class, Graham Platner launched his U.S. Senate campaign on Tuesday. The veteran and oyster farmer aims to unseat five-term Republican Susan Collins by rejecting the establishment playbook, framing his candidacy as a direct strike against political corruption.
Janet Mills Abandons Senate Bid as Progressive Challenger Gains Momentum
Maine Governor Janet Mills suspended her U.S. Senate campaign on Thursday, effectively handing the Democratic nomination to progressive outsider Graham Platner. The two-term governor’s exit follows a string of poor polling numbers and intense backlash over her recent veto of a statewide moratorium on artificial intelligence data centers.
Mainers Rally Behind Graham Platner Despite New Allegations
Following a New York Times report detailing allegations of past volatile behavior and physical aggression against US Senate candidate Graham Platner, the political newcomer has seen a surge in financial support, collecting over $200,000 from 5,000 donors in the 24 hours following the publication.
Graham Platner Draws Standing Ovation for Gaza Stance at Portland Rally
A standing ovation lasting 30 seconds greeted Maine Senate candidate Graham Platner on Monday as he condemned the use of U.S. taxpayer funds for Israel's military campaign in Gaza. The moment marked a sharp departure from the cautious rhetoric favored by many establishment figures within the Democratic Party.
Solana Rallies on SpaceX Token Launch as Bulls Challenge Bearish Trend
Solana climbed 3.38% to reach $67.73, marking a shift in momentum as the network integrates tokenized SpaceX shares. The debut of the SPCX asset, launched by Backpack and Sunrise, provides a new real-world use case that has revitalized market interest while bulls begin to push back against months of bearish control.
Graham Platner Wears Trump’s Insults as a Badge of Honor
Days after securing a landslide victory in Maine’s Democratic Senate primary, Graham Platner responded to Donald Trump’s branding of him as a "thug" and the "worst person to ever run for office" by claiming the president’s hostility confirms his campaign is effectively threatening the political status quo.
Donald Trump Convicted on 34 Felony Counts in New York Hush Money Trial
A New York jury delivered an unprecedented verdict on Thursday, finding former President Donald Trump guilty of 34 felony counts related to the falsification of business records. The decision marks the first time in American history that a former commander-in-chief has been convicted of criminal charges by a jury of peers.
Inside Starbase: The Corporate Fiefdom Behind Musk’s Trillion-Dollar Milestone
As Elon Musk secures his status as the world’s first trillionaire following SpaceX’s $2 trillion public debut, a stark portrait of his Texas company town has emerged. Beyond the high-tech facade of Starbase, reports describe a gated, isolated enclave operating under its own set of rules and shielded by preferential state laws.
Trump Administration Proposes Health Insurers Become Medical Lenders
The White House is moving to allow health insurance companies to offer loans to patients struggling with high-deductible medical costs, a policy shift that critics say would transform insurers into predatory lenders for individuals already overwhelmed by the loss of Affordable Care Act subsidies for 22 million Americans.
Proposed Healthcare Plans Could Impose $31,000 Family Deductibles
The Trump administration is advancing new regulations for Affordable Care Act exchange plans that promise lower monthly premiums in exchange for staggering out-of-pocket costs. Under the proposal, individuals could face deductibles of $15,000, while families would be responsible for up to $31,000 before insurance coverage begins to take effect.