NEWS

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Summer has historically been the golden season for airlines, a period when travel demand soars and profits take flight. Yet, as 2025 unfolds, the industry is facing headwinds strong enough to ground even the most optimistic projections. A cascade of challenges—from alarming safety concerns to geopolitical tensions and new security regulations—is weighing heavily on the aviation sector, transforming what was supposed to be a booming summer into one riddled with turbulence.

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Billionaire Elon Musk has announced plans to scale back his political donations, marking a major shift from the 2024 election cycle when he became a prominent donor to President Donald Trump. Musk, who spent over $250 million supporting Trump's campaign, told an economic conference in Qatar that he intends to do "a lot less" political spending in the future.

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G7 finance leaders convened Wednesday in Canada, seeking to restore economic stability amidst turbulence caused by US President Donald Trump's tariffs and to bolster support for Ukraine. The meeting is also being used to address other factors, such as potential trading opportunities.

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Democratic Rep. LaMonica McIver is being charged with assault after a skirmish with federal officers outside an immigration detention center, said New Jersey’s top federal prosecutor, who also announced Monday that she was dropping a trespassing case against the Newark mayor whose arrest led to the disturbance.

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US Vice President JD Vance has extended an official invitation to Pope Leo to visit Washington following a "cordial" meeting at the Vatican, the White House has confirmed. Vance delivered a letter from President Donald Trump and First Lady Melania Trump, inviting the Pope to visit "as soon as he possibly can," according to White House spokesperson Karoline Leavitt.