Joined April 2025
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The Fed meets Monday. No rate cut coming — 98.3% certainty. What matters is Warsh's first press conference and the new dot plot. J.P. Morgan says the easing bias is being removed. The June dot plot is the first one with $94 oil and 4.2% inflation built in:
todayinusandworld.com/fed-me…
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Down 29 at MSG, the Knicks stunned the Spurs 107-106 as OG Anunoby tipped in Brunson’s miss with 1.2 seconds left. New York leads the Finals 3-1.
todayinusandworld.com/knicks…
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SpaceX just went public. $75 billion raised. Biggest IPO in history. Opened at $150 on Nasdaq. Musk crossed $1 trillion. One former employee's 6,500 shares jumped by $1 million in a day. The lock-up expires in December. Here's what to know:
todayinusandworld.com/spacex…
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The US beat Paraguay 3-0 at SoFi Stadium. Balogun scored. America is top of Group D. Morocco is next on June 16 at MetLife. The Round of 16 is one result away. The World Cup started well for the United States:
todayinusandworld.com/us-bea…
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Brent crude hit $94. GasBuddy now forecasts $5.10-$5.40 gas this summer. Iran declared the ceasefire meaningless. The Fed meets in 5 days with 4.2% inflation and no path to a cut. 91 days to the midterms. The summer just got more expensive:
todayinusandworld.com/iran-w…
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Iran called the ceasefire "meaningless" this morning. The USS Michael Murphy fired Tomahawks at Karaj near Tehran. Jordan intercepted 5 Iranian missiles. The US intercepted nearly all of Iran's. Day 103. The April 8 framework is gone:
todayinusandworld.com/iran-c…
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The government can garnish up to 15% of Social Security for defaulted federal student loans—no court order needed. With collections resuming, 1.7M older borrowers are at risk. Loan rehabilitation can stop it, with payments starting as low as $5/month:
todayinusandworld.com/social…
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Trump said "hit them hard." CENTCOM hit ammunition depots, command centers, and warehouses across Iran. Iran fired at Bahrain and launched missiles at Jordan. Jordan intercepted five. The ceasefire is over. Oil is going up. Day 103 of the war:
todayinusandworld.com/us-str…
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Most advisors charge 1% annually. On a $500K portfolio, that's $5,000 a year—often deducted automatically. Over 20 years, fees and lost growth can cost nearly $200K. Many investors don't know if their advisor is a fiduciary. Here’s what to ask.
todayinusandworld.com/financ…
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May inflation: 4.2%. Gas up 28.4% from a year ago. Eggs $5.47 a dozen. September rate cut odds fell from 38% to below 18%. The Fed meets in six days. The Strait is still closed. That's the connection between a war 7,000 miles away and your grocery bill:
todayinusandworld.com/may-cp…
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A federal judge just struck down Trump's $100,000 H-1B visa fee. The court called it an unlawful tax Congress never authorized. It was in effect for 47 days. 580,000 H-1B workers are in the US. The fee would have cut new approvals by 65% :
todayinusandworld.com/h1b-vi…
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A US Army Apache went down near the Strait of Hormuz Monday. Both crew rescued by a Navy drone in two hours. Officials are investigating whether Iran shot it down. No cause confirmed yet. Trump found out at the NBA Finals and said the pilots were fine:
todayinusandworld.com/us-apa…
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Americans hold $34 trillion in home equity. Average HELOC rate is 7.21%. Max HELOC formula: (home value × 85%) minus your mortgage. Most people don't model the payment shock when the draw period ends. Here's everything you need to know before signing:
todayinusandworld.com/heloc-…
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Wembanyama scored 32 on 61% shooting at MSG. 8 boards, 6 assists, 3 blocks. Spurs 115, Knicks 111. The 13-game streak is over. Series is 2-1. Trump was courtside. Brunson had 32 too — Wemby was just better. Game 4 is Wednesday at MSG:
todayinusandworld.com/wemban…
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The World Cup starts Thursday. The SoFi workers got their deal Sunday. US vs Colombia opens it in LA. 48 teams. 11 US cities. 104 matches through July 19. Soccer has never been bigger in America. Four days to go.
todayinusandworld.com/fifa-w…
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College costs $400,000 by 2044 at today's inflation rate. A 529 grows tax-free. 37 states give you a deduction today. And a new rule lets unused money roll into a Roth IRA. The excuse not to open one ran out in 2024. Here's how it works:
todayinusandworld.com/529-co…
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Knicks won both games in San Antonio. Wembanyama turned it over in the final seconds of Game 2. Brunson made two free throws. Series 2-0. Game 3 is tonight at MSG. First Finals game in New York since 1999. Trump is in the building. 8:30 p.m. ET on ABC:
todayinusandworld.com/nba-fi…
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May inflation report drops Wednesday at 8:30 a.m. April was 3.8%. Markets price 53% odds May comes in above 3.4%. The Strait is still closed. The Fed meets June 16-17. Wednesday's number decides whether rate cuts come in September or later:
todayinusandworld.com/may-cp…
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12 people shot near a Toledo festival Saturday. Two are critical. Victims ages 14 to 61. At least two shooters fired at each other in the crowd. No suspects in custody. Police are asking for cellphone video. The 170th mass shooting in the US this year:
todayinusandworld.com/oledo-…
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Treasury unveiled a $250 bill featuring Trump. But a 1866 law bars living people from appearing on U.S. currency. Congress would need to authorize the note, and the Fed would have to issue it. Neither process has begun. The prop is real—the bill isn’t:
todayinusandworld.com/trump-…
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