Trump Media Faces Uncertain Future as Share Prices Plummet
Former President Donald Trump is on the verge of potentially selling his majority stake in Trump Media, the company behind the social media platform Truth Social. However, its share price has dramatically declined, leaving investors anxious about the implications of the upcoming presidential election on the company’s value. Recent trading has seen Trump Media’s shares hit an all-time low, prompting speculation about how Trump’s potential decisions could shape its future amidst a precarious political landscape. Read more.
Federal Reserve Cuts Interest Rates in Response to Economic Trends
This week, the Federal Reserve took decisive action by reducing its benchmark interest rate by half a percentage point, marking its first reduction in over three years. The move aims to alleviate concerns over the slowing job market, as inflation eases significantly. Workshop economists believe this adjustment comes amid growing fears of a recession as political tensions intensify close to the election, which is likely to influence economic policy decisions. Read more.
Connie Chung Reflects on the Challenges of Being a Female Journalist
Veteran news anchor Connie Chung has recently shared her experiences in the male-dominated world of journalism and how she navigated the barriers to success, which included utilizing humor to fit in. In her memoir, she recounts pivotal moments throughout her career, including her time covering high-profile political events like the 1972 presidential campaign. As the first Asian American and second woman to co-anchor the CBS Evening News, Chung’s story underscores the challenges women face in breaking through in political journalism. Read more.
