The U. S. government shutdown is taking a heavy toll on the economy. The Congressional Budget Office (CBO) has revealed that the shutdown is costing the country around $7 billion each month. This loss won't be recovered even after the government resumes operations. The CBO shared these findings in
The White House has recently removed six members from the U. S. Commission of Fine Arts. This group usually gives advice on the design of federal buildings, monuments, and even coins. The commission has been around for over a century, since 1910. It has had a hand in shaping important landmarks like
In a surprising turn of events, two individuals have admitted some involvement in the recent Louvre jewel heist. This admission comes as a shock to many, given the museum's reputation for high security. The suspects, a 34-year-old Algerian man and a 39-year-old individual, were both arrested in the
On a beach in Western Australia, a family found a bottle with a surprising secret. It held letters from two soldiers, Malcolm Neville and William Harley, who wrote them in 1916. They were on a ship heading to France for World War I. The letters were cheerful, with Neville telling his mom about the g
The Federal Reserve is likely to lower interest rates this week, despite a lack of recent data. This is because the government shutdown has delayed key reports on jobs and inflation. Without this data, the Fed is making big decisions based on incomplete information. The Fed has hinted at rate cuts
A top economist has some strong advice for everyday investors: be cautious. Richard Thaler, a big name in the world of economics, thinks that regular folks might want to think twice before jumping into the stock market. He's not alone in this thought. Many experts believe that the average person mig
Oswego County is feeling the heat of the government shutdown. It's not just about politics; it's about real people and their daily struggles. The county already has a high poverty rate, and this shutdown is making things worse. It's putting essential services at risk, like food assistance, healthcar
Crypto trading is becoming more accessible. In the last month, perpetual futures, or perps, saw a huge $1. 27 trillion in trading volume. These trades are now available in popular crypto wallets like MetaMask and Phantom, and even on Telegram through the Blum mini-app. Perps are complex. They let u
A former sheriff and two others are set to face federal court this week. Chuck Wright, the ex-sheriff, along with Amos Durham, a former chaplain, and Lawson Berry Watson, a former employee, have court appearances scheduled. Wright is one of many sheriffs in South Carolina to face criminal charges re
Zohran Mamdani, a leading candidate for New York City mayor, is facing heat over old remarks that have recently come to light. In a video from 2023, Mamdani, who is a member of the New York State Assembly, made a bold statement linking the NYPD to the Israeli military. He claimed that the NYPD's act
