News

Trump defends response to Texas floods amid scrutiny

Trump defends response to Texas floods, despite scrutiny over preparedness and ongoing search for missing individuals.

Published

7 months ago

July 14, 2025

Ahron Young

Trump defends response to Texas floods, despite scrutiny over preparedness and ongoing search for missing individuals.

In Short:
– Trump defends state and federal flood response in Texas.
– Criticism arises over effectiveness and funding issues; 120 fatalities and numerous missing individuals reported.Trump visited Texas to support flood response efforts, amidst criticism of effectiveness and concerns over funding cuts. The disaster resulted in over 120 deaths, with many still missing.

US President Donald Trump has defended both state and federal responses to the Texas floods during his visit to Kerr County, which has been severely affected by the disaster.

The administration, along with local and state officials, has faced criticism regarding the effectiveness of their efforts in warning and protecting residents from the floods.

Currently, search efforts are ongoing for dozens of individuals still reported as missing following the flooding that resulted in at least 120 fatalities.

Roundtable discussion

During a roundtable discussion after touring the affected area, Trump commended Texas Governor Greg Abbott and Homeland Security Secretary Kristi Noem for their responses to the crisis.

Despite the praise, there have been growing concerns about whether government spending cuts may have worsened the situation, including cuts to the National Weather Service and FEMA.

Trump dismissed a reporter’s question regarding families’ frustrations for not receiving timely alerts, asserting that response efforts were commendable.

While he avoided questions about future plans for FEMA, local officials noted that Kerr County did not install an early-warning system due to funding issues.

Heavy rain on July 4 caused significant flooding, marking the deadliest disaster of Trump’s presidency.

Currently, around 160 individuals remain unaccounted for, although officials caution that these numbers might be inflated.

Among the confirmed deceased are 67 adults and at least 36 children, many of whom were attending a Christian summer camp.

News

Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Published

3 days ago

January 30, 2026

Harvey Vargas

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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News

Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

Published

4 days ago

January 29, 2026

Harvey Vargas

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

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#FederalReserve #InterestRates #Economy

News

Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

Published

4 days ago

January 29, 2026

Harvey Vargas

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy