US debt market crisis looming, JPMorgan chief warns

JPMorgan Chase chief executive Jamie Dimon voiced concern Sunday at the risk of a looming US debt market crisis sparked by the Trump administration’s economic policies. US debt market crisis looming, JPMorgan chief warns “It’s a big deal. It is a real problem,” Dimon told Maria Bartiromo on FOX Business Network’s “Mornings with Maria” show, according […]

Mass shooting in North Carolina: 1 dead, 11 injured after dozens of shots fired

Jun 02, 2025 02:44 AM IST Investigators say about 100 people were at the party when gunfire broke out. Witnesses said many were local high schoolers who fled in panic. At least 80 shots were fired in a North Carolina neighbourhood early Sunday, leaving one person dead and 12 others injured during what authorities said was […]

What are FPV drones Ukraine used to strike deep inside Russia under ‘Operation Spider Web’? | World News

The Russian defence ministry on Sunday said Ukraine launched FPV (first-person view) drone attacks on five airbases across the Murmansk, Irkutsk, Ivanovo, Ryazan, and Amur regions, adding that all strikes on the Ivanovo, Ryazan, and Amur airfields were successfully repelled. FPV drones equipped with explosive devices in a shelter at an undisclosed location near Kostyantynivka.(AFP File […]

Trump’s tax plan puts economic theory and political unity to the test – Firstpost

President Donald Trump is walking a political and economic tightrope as he pushes for a multitrillion-dollar tax break plan that faces mounting scrutiny from Republican senators, investors, voters and even Elon Musk. At the heart of the challenge is whether the administration can convince skeptics that the proposal won’t further inflate the national debt. Financial markets […]

Ukraine to present roadmap for peace at Istanbul talks – Firstpost

Ukrainian negotiators at talks scheduled for June 2 in Istanbul will present to the Russian side a proposed roadmap for reaching a lasting peace settlement read more Ukrainian negotiators are set to present a formal peace proposal to Russian officials at talks in Istanbul on June 2, , according to a copy of the document seen […]

Trump, Xi expected to talk soon on minerals trade dispute – Firstpost

Since Trump returned to the presidency, he has slapped sweeping tariffs on most US trading partners, with especially high rates on Chinese imports. New tit-for-tat levies on both sides reached three digits before the de-escalation this month read more President Donald Trump and Chinese President Xi Jinping are expected to speak soon to resolve ongoing trade […]

US asks Australia to increase defense spending to 3.5% of GDP – Firstpost

US Defence Secretary Pete Hegseth asked Australia to increase its defense spending to 3.5% of gross domestic product during a meeting with Australian Defense Minister Richard Marles, the Pentagon said on Sunday. read more US Defence Secretary Pete Hegseth has called on Australia to increase its defense budget to 3.5% of gross domestic product, according to […]