A First-Time Voter's Guide to Germany's Elections
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Yahoo
3 hours ago
- Yahoo
Dr. Phil Defended ICE Raids in Heated Debate With Bill Maher, but Now He Says: ‘I Don't Think I'm Qualified to Talk About Politics'
Dr. Phil admitted in an interview with The New York Times published on Sunday that 'I don't think I'm qualified to talk about politics.' It's a remark that raised eyebrows online given Dr. Phil has publicly backed Donald Trump and taken part in ICE raids, be it personally in Chicago or by sending a camera crew to cover them in Los Angeles for his MeritTV network. According to The Times, Dr. Phil told ICE agents that his network was embedded with them to 'tell your story and have your back.' The quote in The Times was also published less than two days after Dr. Phill appeared on Bill Maher's HBO talk show 'Real Time' and got into a heated debate with the host over his participation in ICE raids (via New York Post). It started when Maher asked: 'Why are you going on these ICE raids? I don't understand that. You're a guy who we know for so many years who has been working to put families together. To bring families who are apart and heal them. And now you're going on raids with people who are literally separating families.' More from Variety Professional Bull Riders Accuses Dr. Phil of 'Orchestrating' Merit Street Bankruptcy and Forming New Company to Avoid Paying Creditors Dr. Phil's Cable TV Network Files for Bankruptcy and Sues Christian Broadcaster TBN, Its Former Partner Terrence Howard Turned Down Marvin Gaye Biopic Because He Didn't Want to Kiss a Man: 'I Would Cut My Lips Off' 'Well, now that's bullshit,' Dr. Phil responded before defending his actions. 'Look, if you arrest somebody that's a citizen, that has committed a crime or is DUI'd with a child in the backseat, do you think they don't separate that family right then, right there? Of course they do!' 'But that's not what's going on,' Maher countered. Dr. Phil said he had seen 'files' that proved why the ICE raids he was on were needed, explaining: 'They've got a rap sheet, 12, 14 different cases long of child predators that they're taking off the street… These are the worst first that they're taking off the streets. Who would want them back in their communities?' Earlier in the episode, Maher criticized ICE agents for wearing masks so that they can't be noticed by the public. The mask wearing is allegedly the result of these agents being doxxed online. '[Legislators are] putting their names, their pictures, their addresses of their families on the internet, they're putting them on telephone poles,' Dr. Phil said. 'So, of course, they're wearing masks so they don't get outed, so people can do violence against their families.' Earlier this summer, Dr. Phil's Merit Street Media filed for Chapter 11 bankruptcy protection — and the TV talk-show host's company sued former partner Trinity Broadcasting Network, alleging breach of contract and breach of fiduciary duty. Best of Variety New Movies Out Now in Theaters: What to See This Week What's Coming to Disney+ in August 2025 What's Coming to Netflix in August 2025 Solve the daily Crossword
Bloomberg
5 hours ago
- Bloomberg
Trump Mocks Goldman, Says Bank Made ‘Bad Prediction' on Tariffs
President Donald Trump assailed David Solomon, the CEO of Goldman Sachs Group Inc. on Tuesday, saying the bank had made a 'bad prediction' about the impact of his sweeping tariff agenda on markets and consumer costs. 'They made a bad prediction a long time ago on both the Market repercussion and the Tariffs themselves, and they were wrong, just like they are wrong about so much else,' Trump said on his social media platform.
Yahoo
6 hours ago
- Yahoo
US Treasuries Rally as July Inflation Data Boosts Rate-Cut Bets
(Bloomberg) -- Treasuries gained and traders boosted expectations for the Federal Reserve to lower interest rates in September after a report on consumer-price inflation came in mostly in line with forecasts. Yields tumbled, with the two-year maturity leading the way, dropping five basis points to about 3.72%. Traders added to wagers on rate cuts by year-end and were pricing in nearly a 90% chance of a quarter-point reduction when the next meeting concludes Sept. 17. All told, the market expects more than 0.6 percentage point of easing by the end of December. Sunseeking Germans Face Swiss Backlash Over Alpine Holiday Congestion New York Warns of $34 Billion Budget Hole, Biggest Since 2009 Crisis To Head Off Severe Storm Surges, Nova Scotia Invests in 'Living Shorelines' Chicago Schools' Bond Penalty Widens as $734 Million Gap Looms A New Stage for the Theater That Gave America Shakespeare in the Park The consumer price index in July was slightly lower than expected on an annual basis at 2.7%, while the core measure, which excludes food and energy, proved hotter than anticipated, edging up to 3.1%. The dollar tumbled against a basket of peers following the release of the data. The report followed a weaker-than-projected job-market report for July, which had already boosted bets on a September Fed cut. 'The magnitude of cuts will rely more on the labor part of the Fed's mandate with markets waiting on further growth data,' said Molly Brooks, US rates strategist at TD Securities. The post-CPI rally in Treasuries reflected a degree of relief that inflation remained contained. Market positioning ahead of CPI showed continued buying in an options position that would benefit from a half-point reduction at the September meeting. 'The market was braced for the pass-through effect of tariffs, a bit misplaced as the tariff impact lies ahead not behind us,' said George Goncalves, head of US macro strategy at MUFG. 'And the categories that drifted up the numbers a bit were in non-tariff related categories like airlines and medical services.' The risk of rising prices from US tariffs remains paramount for Fed Chair Jerome Powell, and some on Wall Street. Sticky inflation would temper the Fed's ability to ease rates toward the 3% area being priced by swaps over the next 12 months. So far this month, Treasury yields have fallen toward the lower end of a range dating from late April and that is likely to prevail, with another round of employment and inflation data looming next month before the mid-September meeting. Powell also speaks next week at the annual Fed symposium held in Jackson Hole, Wyoming, and traders will watch for any shift in his view that labor was 'in balance' after last month's Fed meeting. After the Fed held rates steady last month, Powell reiterated that officials needed more time to gauge the impact of tariffs before cutting rates, signaling patience in the face of President Donald Trump's relentless pressure on him to lower borrowing costs. Other Fed officials have indicated a willingness to ease rates, with Governors Christopher Waller and Michelle Bowman — both appointed by Trump — dissenting from last month's decision to keep policy steady, and citing concerns over a slowing jobs sector. 'The market interpretation is that this doesn't stop the Fed from moving toward cuts,' said Dan Carter, portfolio manager at Fort Washington Investment Advisors. Why It's Actually a Good Time to Buy a House, According to a Zillow Economist Bessent on Tariffs, Deficits and Embracing Trump's Economic Plan The Social Media Trend Machine Is Spitting Out Weirder and Weirder Results Klarna Cashed In on 'Buy Now, Pay Later.' Now It Wants to Be a Bank The Game Starts at 8. The Robbery Starts at 8:01 ©2025 Bloomberg L.P. Sign in to access your portfolio
