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‎Mexico’s military confirmed Sunday that it killed Nemesio Rubén Oseguera Cervantes, widely known as “El Mencho,” during an operation in Jalisco. His death dismantles the leadership of the Jalisco New Generation Cartel (CJNG), regarded as the country’s most dominant criminal organization, and marks the most significant result yet presented to the administration of Donald Trump in efforts against drug trafficking. ‎ ‎Mexican forces killed CJNG leader El Mencho in Jalisco, triggering violence, US alerts, and a major blow to Mexico’s most powerful cartel. ‎Anadolu via Getty Images ‎According to Mexico’s Defense Department, troops launched an operation to detain Oseguera Cervantes in Tapalpa, Jalisco, about two hours southwest of Guadalajara. He was wounded during the action and died while being transported by air to Mexico City. Jalisco has long served as the operational base of the cartel, which traffics large amounts of fentanyl and other narcotics into the United States. ‎ ...

‎President Donald Trump reacted angrily after the Supreme Court of the United States ruled Friday that he did not have the authority to declare an economic emergency in order to impose broad new tariffs on imports. ‎ ‎The 6-3 decision delivered an uncommon setback to Trump, who had built much of his economic message around tariffs ahead of the midterm elections. He frequently called tariffs his “favorite word in the dictionary,” arguing they would bring factories and jobs back from overseas. He also warned that eliminating the import taxes could push the United States toward a severe recession. ‎ ‎The Supreme Court rules 6-3 that Trump lacked authority to impose sweeping tariffs, prompting sharp criticism and renewed debate over trade policy. ‎Evan Vucci/AP ‎The ruling is expected to extend political and economic uncertainty surrounding international trade during the election year. ‎ ‎Trump labeled the decision “deeply disappointing” and “ridiculous,” saying he was “absolut...

‎If personal finance feels overwhelming, Vivian Tu is determined to make it less intimidating. ‎ ‎Widely recognized by her online persona “Your Rich BFF,” Tu creates engaging and easy-to-understand videos about managing money. Her content ranges from salary negotiation strategies to actionable advice for tackling credit card balances. Calling herself “your favorite Wall Street girly,” she has built a social media audience of 10 million followers and authored two books focused on personal finance. ‎ ‎Discover how Vivian Tu, former JPMorgan trader and creator of “Your Rich BFF,” built a personal finance empire and why she believes couples should discuss money from day one. ‎Bonnie Biess/Getty Images for TechFutures ‎ ‎Raised in Baltimore as the daughter of Chinese immigrants, Tu often links her financial mindset to her upbringing. Her parents instilled frugality and a respect for money early in her life. However, it wasn’t until several years into her corporate journey that s...

‎An “alternative scenario” pointing to a far more severe national debt emergency is emerging after the Supreme Court of the United States invalidated former President Donald Trump’s tariff measures. ‎ ‎On Friday, the high court determined that the sweeping tariffs imposed during Trump’s first year back in office were unlawful. The ruling followed mounting opposition from small businesses burdened by rising expenses and from many Americans who questioned the overall benefits of the administration’s trade strategy. While the decision dismantles a central element of Trump’s trade policy, it could also intensify the country’s already expanding budget deficit. ‎ The U.S. Supreme Court has ruled Donald Trump’s tariffs illegal, potentially worsening the national deficit. Experts warn the loss of tariff revenue could push federal debt to 131% of GDP by 2036. ‎Saul Loeb/AFP/Getty Images ‎ ‎America’s fiscal trajectory is widely regarded as unsustainable. Earlier this month, the Congr...

‎The trade strategy championed by the administration of Donald Trump was built around one core objective: narrowing America’s trade deficit. However, recent figures suggest that the approach is not producing the intended outcome. ‎ ‎President Trump has repeatedly expressed alarm over the size of the U.S. trade gap, citing both economic vulnerabilities and national security threats. Acting on these concerns, he introduced a broad tariff framework that heightened geopolitical strains worldwide. ‎ ‎Latest Bureau of Economic Analysis data shows the U.S. trade deficit widening in December despite President Donald Trump’s tariff push, raising questions about the effectiveness of his trade strategy. ‎Andrew Caballero-Reynolds/AFP/Getty Images ‎ Yet the numbers show little evidence of a meaningful correction in the imbalance between imports and exports. ‎ ‎According to newly released data from the Bureau of Economic Analysis (BEA), the U.S. goods and services trade deficit climbed ...

‎On the brink of Mayor Zohran Mamdani’s initial preliminary budget presentation, Gov. Kathy Hochul effectively provided the city with a $1.5 billion financial boost funded by state taxpayers. ‎ ‎Yet by Tuesday, gratitude quickly shifted into political friction. While acknowledging the additional state support, Zohran Mamdani signaled looming challenges that could complicate Hochul’s political landscape. ‎ ‎Gov. Kathy Hochul delivers $1.5 billion in state aid ahead of Mayor Zohran Mamdani’s first preliminary budget, but a $5.4 billion deficit sparks proposals for tax hikes, political tension, and a looming state budget clash. ‎Stephen Yang/NY Post ‎ ‎Even with the newly pledged funds, Mamdani revealed that New York City confronts what he described as a “historic” $5.4 billion shortfall. According to the mayor, only two possible solutions exist. ‎ ‎The first option would require the state to grant the city authority to increase income taxes on the ultra-wealthy and highly pro...