Wall Street caps week with more records on Friday
Wall Street posted a strong week end with the S P 500 at an all time high up 0 4 percent the Dow up 0 5 percent and the Nasdaq at a record. Deckers rose 11 3 percent on stronger spring results led by international revenue gains while Edwards Lifesciences beat profit estimates. Intel dropped 8 5 percent after a quarterly loss triggering job cuts and cost reductions.
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Santos reports to federal prison to begin seven year term
Former Rep George Santos reported to a federal prison in Fairton New Jersey to begin serving a seven year sentence for wire fraud and aggravated identity theft. He pleaded guilty last summer and faces a minimum security camp while noting his remorse and past claim of being a victim of a political witch hunt.
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Trump tours Scotland to unveil new golf course
Donald Trump travels to Scotland amid plans to open a new course touted as the greatest 36 holes in golf. He meets with UK and EU leaders while a leading critic notes the overlap of presidential travel and family business interests.
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Administration frees school funds amid nationwide release
The Trump administration will begin sending billions in previously withheld education grants to states and districts after weeks of uncertainty. The funds support English language instruction and adult literacy, with programs run by schools and nonprofits like the YMCA and Boys and Girls Clubs. In Harford County Maryland the money funds a large summer camp for non native English learners and helps hire tutors and staff for year round programs.
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