President Joe Biden’s reelection campaign, in partnership with the Democratic National Committee, managed to raise an impressive $85 million in May, according to data shared exclusively with CNBC by the Biden campaign. While this marks the president’s second-best fundraising month this election cycle, falling short of the $141 million raised by former President Donald Trump
Politics
Hezbollah’s leader, Sayyed Hassan Nasrallah, recently made bold statements threatening a full-out war with Israel, claiming that there will be “no rules and no red lines” in the conflict. This escalation comes in the wake of increased cross-border fire between Lebanon and Israel, sparked by Israel’s conflict with Hamas in the Gaza Strip. Nasrallah’s speech
Russia and North Korea recently signed a new “comprehensive strategic partnership” during President Vladimir Putin’s first state visit to the nuclear-armed country in 24 years. The partnership, which includes a mutual defense pact, was reported by Russian state media shortly after Putin’s arrival in Pyongyang. The visit was marked by a red carpet greeting from
Lawmakers in Capitol Hill are urgently responding to the surge in deepfake AI pornographic images that have targeted various individuals, including celebrities and high school students. The introduction of a new bill aims to hold social media companies accountable for monitoring and removing such harmful content from their platforms. Known as the Take It Down
Iran’s upcoming snap elections on June 28 are already under intense scrutiny due to the highly controlled candidate selection process. The ultra-conservative Guardian Council, known for its staunch anti-Western positions, has approved a list of only six candidates to run for the presidency. The most striking aspect of this selection is the disqualification of all
The recent fundraiser for President Joe Biden brought together some of Hollywood’s brightest stars in a bid to raise a record-breaking $30 million-plus for the Democratic candidate. This event, held at the 7,100-seat Peacock Theater in Los Angeles, featured appearances from celebrities like George Clooney, Julia Roberts, and Barbra Streisand. Late-night host Jimmy Kimmel conducted
The recent appearance of Pope Francis at the Group of Seven summit sparked numerous discussions on the implications of artificial intelligence. While the Pope highlighted the potential benefits of AI in expanding access to knowledge, he also underscored the potential for increased injustice between advanced and developing nations. This nuanced perspective sheds light on the
During a recent meeting with House Republicans, former President Donald Trump made inflammatory comments about Milwaukee, the host city of the upcoming 2024 Republican National Convention. Trump referred to Milwaukee as a “horrible” city overrun by crime, sparking backlash from Democrats and even some members of his own party. The Trump campaign denied that he
The White House is set to nominate Christy Goldsmith Romero, a regulator in the markets, as the new Federal Deposit Insurance Corporation (FDIC) chair in the upcoming weeks. This nomination comes after a recent scandal involving the current FDIC chair, Martin Gruenberg, who is stepping down due to allegations of misconduct and harassment within the
President Joe Biden recently celebrated the release of the latest inflation report, highlighting the fact that consumer prices did not increase in May compared to the previous month. This marks the first time since 2022 that the month-over-month inflation rate has remained flat in the United States. The report also revealed a decrease in the