President is first in US history to be impeached twice, over abuse of power and inciting an insurrection
Donald Trump is pressing Congress to erase one of the darkest chapters of his political career, urging Republicans to pass a resolution that would symbolically nullify the two impeachments he suffered during his first term in office.
The effort, first reported by the Wall Street Journal and confirmed by a White House official, would allow Trump to claim a symbolic victory on a key grievance from his first term. But experts say it would have little legal significance, since the constitution provides no procedure for undoing an impeachment.
Continue reading...Trump administration created fund to resolve his lawsuit against the IRS over the leak of his tax returns
A federal judge in Virginia has extended an order blocking the Trump administration’s nearly $1.8bn slush fund, saying the administration’s public statements that the fund was dead were not assuring enough.
The US district judge Leonie Brinkema, an appointee of Bill Clinton, said she would lift her order if the acting attorney general, Todd Blanche, and the treasury secretary, Scott Bessent, filed a declaration under penalty of perjury that the fund was not moving forward in the next week.
Continue reading...Possible suspect in Midland attack was in a standoff with officers on Friday afternoon, police say
A shooting on Friday in Midland, Texas, has left one person dead and nine others in the hospital, according to the city’s authorities.
The possible suspect was in a standoff with officers on Friday afternoon, police said.
Continue reading...
Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey shows
Easing gas prices are making Americans feel better about their personal finances and the economy in June, but consumer sentiment remains at historically low levels amid ongoing conflict in the Middle East, according to new survey data from the University of Michigan.
The latest numbers come as SpaceX marks its historic stock market debut, which will likely make Elon Musk the world’s first trillionaire. Yet many Americans still feel like they’re struggling even as the stock market reaches record-highs.
Continue reading...President is first in US history to be impeached twice, over abuse of power and inciting an insurrection
Donald Trump is pressing Congress to erase one of the darkest chapters of his political career, urging Republicans to pass a resolution that would symbolically nullify the two impeachments he suffered during his first term in office.
The effort, first reported by the Wall Street Journal and confirmed by a White House official, would allow Trump to claim a symbolic victory on a key grievance from his first term. But experts say it would have little legal significance, since the constitution provides no procedure for undoing an impeachment.
Continue reading...City has become caught up in the drama as team stands on brink of a first NBA championship in 53 years
After the New York Knicks’ furious comeback over the San Antonio Spurs on Wednesday night, the last place anyone in the city wanted to be was at home. Taylor Swift and Larry David were among the celebrities who lingered at Madison Square Garden after the final buzzer sounded on the 107-106 victory as Frank Sinatra’s New York, New York washed over the arena.
The former Knick Iman Shumpert, sporting his old No 21 jersey, made a beeline from the arena to Times Square to join the stunned celebration. All over the city, car horns blared, raucous watch parties spilled on to the streets and perfect strangers greeted one another by barking “Go Knicks!”. As they might put it on Broadway: it was just one of those nights.
Continue reading...Judge Leonie Brinkema in Virginia ruled that fund, which Trump said would compensate ‘victims of weaponized government’, will remain blocked until further notice from the court
Donald Trump and his allies have discussed pushing lawmakers to pass a resolution aimed at voiding his first-term impeachments, the Wall Street Journal reported last night, citing people familiar with the matter.
“It should be done because I did nothing wrong,” Trump said when asked about the resolution in a phone call this week with the Journal. “It was a rigged deal — it was a whole rigged situation.”
Continue reading...Multiple tornadoes touched down in Livingston county, Illinois, on 12 June. One tore through the city of Streator, damaging homes and infrastructure. Hundreds of thousands of people in the region were left without power
Continue reading...Infineon is set to open a $5.8 billion power-chip fab in Dresden on July 2, backed by about $1.1 billion in EU Chips Act subsidies. The plant will make power semiconductors for AI data centers and could eventually add up to $5.8 billion in annual revenue as demand for AI infrastructure strains global electricity systems. Bloomberg reports: Infineon, traditionally a chipmaker for the automotive industry, has increasingly benefited from soaring demand for power chips used in AI data centers, which will be produced at the new facility. "The AI data centers currently being built and planned around the world will consume twice as much electricity in 2030 as they do today," [said Chief Operating Officer Alexander Gorski]. "That's as much as the entire Federal Republic of Germany." Chip production at the Dresden fab will be scaled over time depending on demand, potentially adding as much as 5 billion euros in revenue per year, Gorski said, declining to comment on when full capacity will be reached. The company has invested around 2 billion euros on construction and the remaining amount will be spent over time to add more machines to the fab, he added. The new facility is "a key catalyst," Bank of America analysts including Didier Scemama wrote in a note last week. Demand from Al customers is materially above Infineon's current capacity, they said, adding the imbalance could improve in the 2027 and 2028 financial years. The analysts raised their Al power revenue forecast for the company by 500 million euros to 4.5 billion euros for 2028. Infineon expects data center-related revenue to rise from around 1.5 billion euros in fiscal 2026 -- roughly 10% of sales -- to 2.5 billion euros in 2027, it said last month. The hundreds of billions of dollars being invested in AI are driving the rapid expansion of data center capabilities around the world. Infineon doesn't produce advanced AI chips, like those designed by Nvidia. But the power semiconductors it plans to produce in Dresden are still needed for AI infrastructure.
Read more of this story at Slashdot.
City has become caught up in the drama as team stands on brink of a first NBA championship in 53 years
After the New York Knicks’ furious comeback over the San Antonio Spurs on Wednesday night, the last place anyone in the city wanted to be was at home.
Taylor Swift and Larry David were among the celebrities who lingered at Madison Square Garden after the final buzzer sounded on the 107-106 victory as Frank Sinatra’s New York, New York washed over the arena. The former Knick Iman Shumpert, sporting his old No 21 jersey, made a beeline from the arena to Times Square to join the stunned celebration. All over the city, car horns blared, raucous watch parties spilled on to the streets and perfect strangers greeted one another by barking “Go Knicks!” As they might put it on Broadway: it was just one of those nights.
Continue reading...