Cattle Farmers Face Bird Flu Fears
A second variant of bird flu has been discovered in US dairy cows. The USDA found the new strain in the milk of two cows in Nevada. An older strain was linked to over 900 herds of cattle across 16 states. Patrick Montgomery, chief executive officer of Valor Provisions, a direct-to-consumer sales platform, discusses the bird flu concerns, pending tariffs and other issues facing American farmers. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)
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21 minutes ago
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Elon Musk backs Warren Buffett's proposal to ‘end the deficit in 5 minutes' as the bold idea gains steam again
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Here's how BlackRock CEO Larry Fink has an important message for the next wave of American retirees — here's how he says you can best weather the US retirement crisis Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Utah Senator Mike Lee reposted the video on X, asking the public, 'Would you support this amendment?' The question sparked a wave of responses, including one from Tesla CEO and X owner Elon Musk, who replied: '100%. This is the way.' But Lee isn't just crowdsourcing opinions — he's trying to turn the idea into a reality. 'I'm drafting a constitutional amendment to oust every member of Congress whenever inflation exceeds 3%. It's better to disqualify politicians than for an entire nation to suffer under the yoke of inflation,' he wrote on X. While Lee referenced both inflation and deficits, the logic echoes Buffett's frustration: tying lawmakers' job security to the nation's fiscal health. Economists have long noted a connection between excessive government spending and inflation. The late Nobel Prize–winning economist Milton Friedman once famously said, 'What produces [inflation] is too much government spending and too much government creation of money and nothing else,' adding, 'Only Washington can create money.' But enshrining that accountability into law — especially one that threatens every member of Congress with job loss — is a heavy lift. Buffett's threshold was a deficit of more than 3% of GDP. In fiscal 2024, the U.S. economy generated $28.83 trillion in GDP, while the federal government spent $6.75 trillion and collected $4.92 trillion in revenue. That left a $1.83 trillion deficit — or 6.3% of GDP. By Buffett's rule, every sitting member of Congress would be out — and many X users were quick to point that out. 'The only problem is that the people we are suggesting be fired are the ones who get to vote on that. And they're never going to vote for their own cancellation,' X user Lorrie Ann wrote. 'This is why we need term limits and why they won't even entertain the idea!' While the odds of implementing Buffett's fix to solve America's deficit problem are slim, there are plenty of tactics you can use to improve your own fiscal health — and in this case, your vote is the only one that counts. Here are a few ways to avoid running a deficit — and start building a personal surplus — in 2025 and beyond. If you want to improve your finances, the first step is understanding where your money goes each month. Track all your expenses for 30 days, then sort them into two categories: necessities — like rent, groceries, utilities and health care — and discretionary spending, such as dining out, entertainment, shopping and hobbies. This breakdown gives you a clear picture of your spending habits and helps identify areas where you can cut back. But trimming waste isn't just about skipping lattes or takeout. 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Yahoo
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Walmart Just Announced An Unexcted New Partnership with This Popular Restaurant Chain—What to Know
Walmart Just Announced An Unexcted New Partnership with This Popular Restaurant Chain—What to Know originally appeared on Parade. Walmart has always been our favorite one-stop shop. They've got everything from outdoor gear and skincare to board games and arts and crafts. It's the best place to go when you just feel like wandering around, and they'll always have exactly what you need at prices you won't find anywhere else. Where else can you grab dinner, shop for a new grill, get your tires rotated, and buy a new 85-inch flatscreen all under one roof? You can even get your nails and hair done while you're at it. 😋😋SIGN UP to get delicious recipes, handy kitchen hacks & more in our daily Pop Kitchen newsletter🍳🍔 Of course, as much as we love Walmart, sometimes the best part about making the trip to the world's largest retailer isn't so much the store itself but rather the auxiliary stores and restaurants inside. Some locations have a Subway or a Charlie's Cheesesteak, and, of course, there are plenty of Walmarts that share space with a McDonald's. Sure, those are great and all, but word on the street is there's a new must-try restaurant coming to select Walmart stores, and it looks good enough to make us forget our entire grocery list at May 28, the world's largest hot dog franchise, Wienerschnitzel, announced a new partnership with the world's largest retailer, with plans to open six new locations in Walmart stores in the coming months. The new locations will be located in Alamogordo, New Mexico; Bakersfield, California; Colorado Springs, Colorado; Reno, Nevada; Tempe, Arizona; and Puyallup, Washington. For those of you unfamiliar, Wienerschnitzel began as a single-family-owned hot dog stand in Southern California and has since grown to 358 independent locations and counting. The chain is known for its delicious hot dogs, like the Junkyard Dog—topped with french fries, chili sauce, grilled onions, American cheese, and French's mustard—Texas BBQ Dog—topped with bacon, barbecue sauce, grilled onions, and shredded cheddar—along with burgers, chili cheese fries, jalapeño poppers, and Tastee Freez soft serve desserts. They also offer vegetarian options, which really ties back to the whole one-stop shop mantra. Currently, the new locations are expected to start showing up this fall, and hopefully, there are plans to expand more in the future. What did we need from Walmart again?Walmart Just Announced An Unexcted New Partnership with This Popular Restaurant Chain—What to Know first appeared on Parade on Jun 2, 2025 This story was originally reported by Parade on Jun 2, 2025, where it first appeared. Effettua l'accesso per consultare il tuo portafoglio
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Trump Admin Plans to Slash All USAID International Positions
The Trump administration is planning on cutting all of the U.S. Agency for International Development's (USAID) international positions by the end of September, and transferring control to the State Department. According to a State Department cable obtained by The Guardian Tuesday, Secretary of State Marco Rubio ordered that USAID's entire overseas workforce be eliminated, granting the State Department 'responsibility for foreign assistance programming previously undertaken by USAID' starting on June 15. 'The Department of State is streamlining procedures under National Security Decision Directive 38 to abolish all USAID overseas positions,' the cable said. The move would affect thousands of USAID staff members, such as contractors, foreign service officers, and employed personnel, across over 100 countries. The Guardian reported that chiefs of mission at U.S. embassies were told to prepare themselves for the cuts and changes that would go into effect over the next four months. The administration has already cut around 90 percent of USAID's foreign aid contracts during Elon Musk's Department of Government Efficiency (DOGE) rampage back in February. Musk, who has previously called the agency a 'criminal organization' and that it was 'time for it to die,' also spearheaded a near total wipe-out of its 10,000 strong work-force, reducing it to only 294 employees in March. At the time, former USAID administrator J. Brian Atwood warned that 'a lot of people will not survive' the administration's devastating decision. According to The Guardian, internal documents revealed that several other USAID senior officials also warned Rubio against the drastic cuts, emphasizing the devastating impacts they would have over the next decade if implemented. USAID has been on the president's radar ever since his return to office. Trump signed an executive order on his first day back as president which placed a 90-day pause on U.S. foreign development assistance for 'assessment of programmatic efficiencies and consistency with United States foreign policy.' Two weeks later, a state department press release revealed that in an 'interim step toward gaining control and better understanding' over USAID's activity, Trump would be appointing Rubio as acting administrator of the agency. The president claimed that the agency was 'run by a bunch of radical lunatics, and we're getting them out,' and that once USAID was gutted, then the administration would be able to 'make a decision' on its future. The State Department doubled down on the president's sentiment in its press release, alleging that USAID had 'long strayed from its original mission of responsibly advancing American interests abroad,' and that it was now 'abundantly clear that significant portions of USAID funding are not aligned with the core national interests of the United States.' In a speech announcing his new position, Rubio also admonished the agency for their 'ridiculous' behavior. 'Everything they do has to be aligned with U.S. foreign policy,' he said. 'And the attitude that USAID has adopted over the years is no, we are independent of the national interest.' 'There are things that [USAID] does that are good and there are things that it does that we have strong questions about,' Rubio added. Nicholas Enrich, USAID's former acting assistant administrator for global health, said in a series of staff memos obtained by the press in late February that pausing the agency's lifesaving programs would 'no doubt result in preventable death, destabilization, and threats to national security on a massive scale.' He stated that if the cutbacks were not restored, then each year 1 million starving children would not have access to food, 28,000 people will suffer from infectious diseases like Ebola, and hundreds of millions of people will suffer from polio infections over the next decade, with 200,000 more people becoming paralyzed by polio, among other impacts. Enrich said he was placed on leave minutes after sending out his memos, though a source familiar with the matter told Reuters that the agency had already decided to place him on leave days earlier. According to NPR, USAID's website went dark on Feb. 1, and its X account was also wiped. Now, the website only has a 'Notification of Administrative Leave' statement which was released on Feb. 23.
