Author: franperez66q@protonmail.com

U.S. President Donald Trump departs the White House in Washington, D.C., U.S., May 1, 2026.Kevin Lamarque | ReutersPresident Donald Trump said Saturday the U.S. will significantly reduce its troop presence in Germany, escalating a dispute with Chancellor Friedrich Merz as he seeks to scale back America’s commitment to European security.The Pentagon on Friday had initially announced it would pull some 5,000 troops out of Germany, but when asked Saturday about the reason for the move, Trump didn’t offer an explanation and said an even bigger reduction was coming.”We’re going to cut way down. And we’re cutting a lot further than…

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Spirit Airlines kiosks at New York’s LaGuardia Airport on May 2, hours after the carrier shut down.Leslie Josephs/CNBCBALTIMORE/NEW YORK — Spirit Airlines was hours away from its final flights Friday afternoon. Jeremiah Burton was hours away from his first.”It’s my first time flying,” Burton, a 45-year-old air conditioning and heating technician, told CNBC at Baltimore/Washington International Thurgood Marshall Airport on Friday, shortly before he was scheduled to depart for New Orleans to visit his daughter and her newborn twins.”To tell you the truth, I just went online and Googled the cheapest airline ticket,” he said, adding that he paid about…

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Pedestrians walk along Wall Street outside of the New York Stock Exchange (NYSE) in New York, US, on Monday, April 6, 2026.Michael Nagle | Bloomberg | Getty ImagesThe closure of the Strait of Hormuz has caused a worldwide economic ripple effect, hiking prices of everything from gas to pharmaceuticals and causing shortages of everything from jet fuel to helium. That is impacting big companies in the market in a variety of ways, from the oil majors to the airlines. But the closure may also be impacting something else: your credit score. The stalemate between the U.S. and Iran over the heavily…

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Austan GoolsbeeGetty ImagesInflation data last week was “bad news” for the U.S. Federal Reserve and means the Fed needs to be cautious about rate cuts until inflation begins to recede, Chicago Fed President Austan Goolsbee said on Saturday.”We have got to get some assurance that we are going back to the 2% inflation target,” Goolsbee said on Fox News’ “The Journal Editorial Report,” referring to data last week showing the Personal Consumption Expenditures price index, the central bank’s preferred inflation measure, rose at a 3.5% annual rate in March.Goolsbee noted that inflation was rising even in service industries largely insulated…

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