Diddy Awaits Sentencing After Guilty Verdict in Prostitution Case
Sean “Diddy” Combs remains in custody after being found guilty of prostitution-related charges but cleared of more serious allegations. Sentencing is set for October, with prosecutors seeking up to five years. His legal team plans an appeal, while ongoing civil lawsuits and possible reputational fallout continue to shape his future.
Trump’s Tax-Cut Bill Clears Congress, Heads to President for Signature
Lawmakers in Washington reacted after President Trump’s tax-cut package passed its final hurdle in Congress. The Republican-led House narrowly approved the sweeping legislation, sending it to the president for signature. The bill includes major tax breaks and fulfills a key promise of Trump’s domestic agenda, despite sharp criticism from Democrats.
U.S. Job Growth Steady in June as Unemployment Falls to 4.1%
The U.S. labor market showed strength in June with solid job growth and an unexpected drop in the unemployment rate to 4.1%. The data suggests ongoing economic stability, which may prompt the Federal Reserve to hold off on further interest rate cuts until September as inflation and labor trends remain balanced.
House Passes Trump’s Tax-Cut Bill, Slashes Health Coverage for Millions
President Trump’s sweeping tax-cut legislation passed its final hurdle as the Republican-led House narrowly approved the bill. The package supports Trump’s domestic agenda, offering major tax relief to corporations and the wealthy. Critics warn it will strip millions of Americans of health insurance and deepen the national deficit significantly.
Julio Cesar Chavez Jr. Detained by U.S. Immigration, Faces Deportation
Mexican boxer Julio Cesar Chavez Jr. has been arrested by U.S. immigration officials, according to the Department of Homeland Security. The 38-year-old now faces deportation proceedings. Authorities have not revealed the exact reason for his detention. Legal experts believe the case could involve visa issues or prior criminal allegations.
Hindus Begin Month-Long Pilgrimage in Contested Kashmir Amid Tensions
Hindus commenced a large month-long pilgrimage in Indian-administered Kashmir on Thursday, starting near the site of a deadly April attack that escalated conflict with Pakistan. The pilgrimage proceeds amid heightened security concerns, reflecting ongoing regional tensions and the fragile peace in the disputed territory.
China’s Aircraft Carrier Shandong Arrives in Hong Kong Special Administrative Region
China’s People’s Liberation Army aircraft carrier Shandong has arrived in the Hong Kong Special Administrative Region. The deployment marks an increase in China’s military presence in the region, potentially impacting regional security dynamics and international relations amid ongoing geopolitical tensions.
US Dollar Gains on Vietnam Trade Deal, Payroll Data Anticipation
The US dollar strengthened Thursday after a trade agreement with Vietnam eased tariff concerns, raising hopes for more deals before July 9 tariff deadlines. Investors also awaited US payroll data, which could influence Federal Reserve decisions on interest rate cuts, maintaining cautious optimism in currency markets.
Gold Prices Steady as Investors Await U.S. Jobs Report
Gold prices traded in a narrow range on Thursday as investors awaited U.S. non-farm payrolls data. The report is expected to influence the Federal Reserve’s decisions on interest rate cuts. A weaker dollar and concerns over fiscal policies provided some support to gold’s safe-haven demand.
Trump-Mamdani Feud Sparks National Controversy Ahead of NYC Mayoral Race
NYC mayoral candidate Zohran Mamdani, a naturalized citizen and Democratic Socialist, faced harsh attacks from Donald Trump, who called him a “100% Communist lunatic” and questioned his citizenship. Mamdani condemned the threats as intimidation. The clash has escalated, with calls for investigation and heated political debate nationwide.