Major U.S. banks have reported record profits despite ongoing inflation and economic pressures tied to the war with Iran and disrupted trade in the Strait of Hormuz.
PULSE POINTS WHAT HAPPENED: America’s largest banks reported a combined $43 billion in second-quarter profits, exceeding analysts’ expectations despite ongoing conflict with Iran, persistent inflation, and broader economic uncertainty. JPMorgan Chase led the group with $21 billion in profit, boosted by a $4.6 billion gain tied to its stake in Visa, as well as strong investment banking activity driven by mergers, acquisitions, and artificial intelligence (AI) financing deals. DETAIL: Goldman Sachs earned $6.6 billion, while Bank of America posted $9 billion on strong trading and investment banking results, and Wells Fargo reported more than $6 billion as consumer and business lending increased. Bank executives said relatively low loan…Open
Spain is back in the World Cup final for the first time since 2010. That's also when Spain won its only World Cup title. France had hoped to reach the final for the third straight tournament.
Mikel Oyarzabal scored from the penalty spot after a heady play by teenager Lamine Yamal, Pedro Porro added another goal and Spain advanced to its first World Cup final since winning in 2010 with a 2-0 victory over France
In this episode of "Reality Check," Ross Coulthart sits down with theoretical physicist and philosopher of physics Maaneli Derakhshani for a long look at the anomalous features cataloged across the moon, Phobos and the surface of Mars. The conversation opens with Lue Elizondo's remarks on lunar anomalies, then works outward to the Phobos 2 spacecraft and the object NASA's own mission literature once described as a monolith along with the reason SETI took that object seriously enough to study. From there, Max walks Ross through the imagery that has drawn the most attention on Mars, from the so-called glass worm to the rectilinear formations near the Atlantis basin, applying the same fractal analysis that NASA and the Department of Defense…
Julie Menin said she would support a bill, formerly known as Ryder’s Law, to ban the rides in Central Park after a tourist was killed in an accident last month.
CAMBRIDGE, MA — As a foodborne illness continued to sweep across the United States and strike fear into the hearts of the nation's populace, scholars agreed that the explosive diarrhea outbreak likely signaled the outpouring of God's wrath upon vegetarians.
In light of the Supreme Court ruling upholding birthright citizenship, Republican Texas Rep. Chip Roy is looking to overhaul legal immigration in America, the Daily Caller learned. Roy sent a letter to members of President Donald Trump’s administration Thursday requesting the total number of legal immigrants who have come to the United States since the beginning of the term, according to text obtained by the Caller. Roy argued it is crucial to maintain “sustainable” immigration levels in light of the “egregious” ruling to “ensure they do not adversely affect the American people’s economic opportunities, cultural and social cohesion, or security.” (RELATED: EXCLUSIVE: Chip Roy Moves To Make Trump’s ‘Vulnerable’ Border…Open
‘I hope these dusted-off songs from the vault touch folks the same old way’
Country music icon Randy Travis announced the release of his first album of original music in more than 18 years Tuesday. He shared the update while visiting the St. Jude Children’s Research Hospital in Memphis, Tennessee, according to Country Insider. He teased the July 10 release of the first track “Fish On” with a simple caption that read, “Swipe to go fishing in the vault Catch and release on 7.10.” Fans quickly flooded the comment section of his social media page, expressing their excitement and anticipation for the new music. View this post on Instagram A post shared by Randy Travis (@therandytravis) “Sharing the love of music for decades with listeners of all ages has been an honor of mine,” Travis said in a statement…Open
