The euro and the US dollar are at parity for the first time in 20 years
CNN
For the first time in 20 years, the exchange rate between the euro and the US dollar has reached parity -- meaning the two currencies are worth the same.
The euro hit $1 on Tuesday, down about 12% since the start of the year. Fears of recession on the continent abound, stoked by high inflation and energy supply uncertainty caused by Russia's invasion of Ukraine.
The European Union, which received roughly 40% of its gas through Russian pipelines before the war, is attempting to reduce its dependence on Russian oil and gas. At the same, Russia has throttled back gas supplies to some EU countries and recently cut the flow in the Nord Stream pipeline to Germany by 60%.
Two people are dead and others are missing after a fire and explosion tore into a nursing home on the outskirts of Philadelphia, Pennsylvania, spurring local responders, bystanders and staff to rush the elderly population to safety, Gov. Josh Shapiro said.
Botched Epstein redactions trace back to Virgin Islands’ 2020 civil racketeering case against estate
A botched redaction in the Epstein files revealed that government attorneys once accused his lawyers of paying over $400,000 to “young female models and actresses” to cover up his criminal activities
Some Medicare enrollees may soon be able to access super-popular drugs for obesity under a voluntary model program, the Centers for Medicare and Medicaid Services announced Tuesday. Eligible beneficiaries will only have to pay $50 a month.
The Justice Department’s leadership asked career prosecutors in Florida Tuesday to volunteer over the “next several days” to help to redact the Epstein files, in the latest internal Trump administrationpush toward releasing the hundreds of thousands of photos, internal memos and other evidence around the late convicted sex offender Jeffrey Epstein.
The US State Department on Tuesday imposed visa sanctions on a former top European Union official and employees of organizations that combat disinformation for alleged censorship – sharply ratcheting up the Trump administration’s fight against European regulations that have impacted digital platforms, far-right politicians and Trump allies, including Elon Musk.
A Delaware state trooper was killed along with the suspected gunman Tuesday during a shooting at a motor vehicle agency near Wilmington, authorities said.
Wyoming’s lone U.S. representative is running for the U.S. Senate seat being vacated by Cynthia Lummis, who isn’t seeking re-election.
A new lawsuit filed in Washington, DC’s federal court Monday challenges the Kennedy Center board of trustees’ move to add President Donald Trump’s name to the cultural institution.
Warning: This post contains language readers may find disturbing.
Some staff at the Department of Veterans Affairs are finding little to be merry about after the agency said it would eliminate tens of thousands of open, unfilled positions across the country as it looks to streamline its staffing.
Former Republican Sen. Ben Sasse announced Tuesday that he’s been diagnosed with “metastasized, stage 4 pancreatic cancer, and am gonna die.”
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Political opposites are closing 2025 as they did 2024: on each side of America’s Donald Trump divide. But CNN’s “All Over the Map” survey did provide several interesting takeaways. Some may be instructive about the midterm election climate, at least at this beginning stage.