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Vancouver, British Columbia TheNewswire – April 23 rd, 2025 Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the ‘Company’ or ‘Juggernaut’), further to its April 14, 2025, news release, the Company is pleased to announce an increase in its non-brokered financing of up to $8,600,000. Juggernaut welcomes this strategic investment from Crescat Capital Funds LLC (‘Crescat’) and technical support from Dr Quinton Hennigh. Juggernaut’s Big One Project is garnering strong interest and support from leading institutions and miners globally, confirming the quality of the newly discovered 11 km Highway of Gold surrounding the Eldorado porphyry system on the Big One property. The exciting discovery is in an area of glacial and snowpack abatement next door to the gold-rich porphyry systems at Newmont Mining’s Galore Creek. The Big One Property is a discovery previously announced Jan 20 th (Click Link) with assays up to 79.01 gt gold (2.54 ozt gold) and 3157.89 gt silver (101.5 ozt silver) from over 200 gold-silver-copper rich polymetallic veins up to 8 m wide and striking for up to 500 m that all remain open at surface. The Big One Project covers 33,693 hectares in a world-class geologic terrane with tremendous additional discovery potential in the heart of the Golden Triangle, British Columbia.

Dr. Quinton Hennigh has taken on the role of special technical advisor to the Company. He is the technical consultant for all Crescat’s gold and silver mining investments. Dr. Hennigh is a world-renowned exploration geologist with over 40 years of experience with major gold mining firms, Homestake Mining, Newcrest Mining, Newmont Mining, and Kirkland Lake/Fosterville. In just the last five years, Dr. Hennigh was instrumental in several material discoveries, including Goliath / Surebet, Newfound / Queensway, SCM / Isidorito, Eloro / Iska Iska, Snowline / Valley, Sitka / RC Gold Project, and Tectonic / Flat.

Dr. Hennigh stated , ‘The Big One gold-silver project has a very similar feel to Goliath’s Surebet gold discovery. To date, reconnaissance prospecting and sampling conducted by Juggernaut’s exploration team have identified a multitude of multi-meter thick quartz-sulfide veins, many of which have yielded +oz per tonne Au and multi-oz per tonne Ag assays. Early indications suggest there is a genetic association of veins with late-stage magmatism in the area, an association seen at Surebet. This season, Juggernaut has a clear mandate to follow up on these results with detailed mapping and channel sampling, much like Goliath did during the early days of the Surebet discovery. The Company’s mission is to get as many targets as possible ready for drill testing either late season or for 2026. I am very eager to see if a new ‘Surebet’ type discovery is in hand.

View Juggernaut videos by Clicking Here .

The charity flow-through funding will consist of up to 8,000,000 charity flow-through units (‘CFT Units’), priced at $0.825 each, for gross proceeds of up to $6,600,000. Each CFT Unit will consist of one charity flow-through common share plus one warrant to purchase one non-flow-through common share at $0.75 for a sixty-month period with a forced accelerated conversion after 10 consecutive trading days at or above $1.50, callable at management’s discretion.

Juggernaut is concurrently raising up to 4,000,000 hard dollar units priced at $0.50 each for gross proceeds of up to $2,000,000. Each hard dollar unit will consist of one common share plus one warrant at $0.75 for a sixty-month period with a forced accelerated conversion after 10 consecutive trading days at or above $1.50, callable at management’s discretion, upon completion of the charity flow-through and hard dollar financings for a combined total of $8,600,000, which is projected to close on or before May 15, 2025. The proceeds will be used to explore Juggernaut’s properties located in Northwestern B.C. and for general working capital.

‘Gold exploration is all about swinging for the fence. Persevering with a diversified portfolio of great management and technical teams with bold targets is the key. The cool thing about Juggernaut is that it has the same geologic team as the one behind Goliath Resources, where their Surebet gold discovery has already been a home run, based on personal experience. We are happy to invest in Juggernaut and this team. It’s time for Big One, which may be the best target yet for this company and team. We are eager to support them with capital for another at-bat.’ – Kevin Smith, CFA, Founder & CEO of Crescat Capital .

Directors and officers of the company may acquire securities under the placement, which participation would be a ‘related party transaction’ as defined under Multilateral Instrument 61-101 (‘MI 61-101’). Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

Mr. Dan Stuart, Director, President, and CEO of Juggernaut, states:

‘We are pleased to strengthen our relationship, both with Crescat Capital as a strategic investor and Dr. Hennigh as a Special Technical Advisor and investor. I look forward to working with our partners who bring a proven track record of both financial and technical strength. This will enable Juggernaut to unlock the full potential of its assets over the long term, building value for all shareholders. This investment and strategic partnership, coupled with the ongoing support and interest from other globally recognized Institutions and senior miners, is a strong endorsement that clearly demonstrates the significant near-term discovery potential of our 100% controlled properties. Post financing, Juggernaut will have an extremely tight capital structure of just 28,744,084 shares, no debt, and a strong cash position of ~ $9,000,000. As such, we are well-positioned to move forward with our plans of drilling The Big One Discovery. With much anticipation, we look forward to executing the inaugural exploration program and reporting results.’

The Company may pay finder’s fees of the gross proceeds from the financing in cash, and compensation options on units being sold. This non-brokered private placement is subject to TSX Venture Exchange approval. All shares issued pursuant to this offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.

About Crescat Capital LLC

Crescat is a global macro asset management firm headquartered in Denver, Colorado. Crescat’s mission is to grow and protect wealth over the long term by deploying tactical investment themes based on proprietary value-driven equity and macro models. Crescat’s goal is industry-leading absolute and risk-adjusted returns over complete business cycles with low correlation to common benchmarks. Over the last several years, Crescat has been building activist stakes in a portfolio of precious metals explorers to express one of its primary macro themes. The company’s investment process involves a mix of asset classes and strategies to assist with each client’s unique needs and objectives, and includes Global Macro, Long/Short, Large Cap, and Precious Metals funds.

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.

For more information, please contact

Juggernaut Exploration Ltd.

Dan Stuart

President, Director, and Chief Executive Officer

604-559-8028

info@juggernautexploration.com

www.juggernautexploration.com

Qualified Person

Rein Turna P. Geo is the qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

FORWARD LOOKING STATEMENT

Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Rep. Dan Meuser, a Pennsylvania Republican, is supporting the White House’s proposed tax hike for people making more than $1 million. 

‘I believe we must help the President deliver on his promise of a tax and regulatory plan that supports pro-American economic and manufacturing growth, and delivers for the vast majority of Americans – while creating savings and promoting fiscal responsibility. Any adjustments in taxes to accomplish these goals should be considered,’ Meuser told Fox News Digital in a statement on Tuesday. 

Last week, White House aides began quietly floating a proposal to House Republicans that would raise the tax rate to 40% for Americans making more than $1 million, sources told Fox News Digital about the preliminary discussions. The plan would shore up income to fund President Donald Trump’s ambitious campaign promises to eliminate taxes on overtime, tips and Social Security.

On Thursday, Meuser said on ‘Mornings with Maria’ that he suggested a less than 2% tax hike for the ‘wealthy, high-end income’ tax bracket months ago. He noted that Trump’s 2017 Tax Cuts and Jobs Act lowered the top tax rate from 39.6% to 37%, so raising it to 38.6% would still keep it below the pre-TCJA level by nearly one percentage point.

‘We’re fighting for small business. We’re fighting for all of America and for the job creators that might be in those categories. So, if you were to bring it up by 1 point, it brings $15 billion in revenues, right? Without any elasticity, which could take place. So, if it did come up to 39[%], it’s almost $25 billion,’ Meuser said, touting the billions in revenue that a small tax hike could reap for the economy. 

The Pennsylvania Republican, who joined Trump on the 2024 campaign trail and is considered a potential candidate to challenge Gov. Josh Shapiro in 2026, stressed Trump’s all-of-the-above tax approach.

‘The president is determined not to have a standard – and this is my view, from what I’ve based upon him, I’m not putting in words in his mouth – a standard Republican-style budget. What he wants to see is something that is in the interest of all America, middle-income America, small businesses, and by the way, we would be talking about an exemption for pass-through small businesses so they would not be paying at the higher rate, as they do now, at their income level rate,’ Meuser said. 

While Meuser has indicated his warmth to the idea of tax hikes for the ultra-wealthy, other conservatives have remained steadfast in their rejection of any tax increases. 

Sen. Josh Hawley, R-Mo., told Fox News Digital last week that tax cuts are ‘what Republicans are good at’ as he urged his fellow Republicans to protect tax cuts for working-class Americans who fuel Trump’s base. More Republicans, including Sen. Mike Rounds of South Dakota and Rep. Tom Tiffany of Wisconsin are pushing to make Trump’s 2017 tax cuts permanent, which is considered a Republican priority during budget negotiations. 

Former Vice President Mike Pence, who refers to the 2017 tax cuts as the ‘Trump-Pence tax cuts,’ last week urged House Republicans to stand firm against raising taxes on the country’s top earners and make the 2017 tax cuts permanent. 

Advancing American Freedom, Pence’s conservative policy advocacy group, sent a letter to congressional Republicans, including House Ways and Means Committee Chair Rep. Jason Smith, R-Mo., and Senate Finance Committee Chair Sen. Mike Crapo, R-Idaho, last week, urging Congress to ‘stand firm against tax hikes.’

Fox News Digital’s Elizabeth Elkind contributed to this report.

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A federal judge ordered the restoration of Voice of America (VoA) on Tuesday, the federally-funded state media network that the White House dismantled earlier this spring.

Judge Royce Lamberth ruled in favor of the plaintiff’s request for a preliminary injunction, though the Trump administration is allowed to appeal the decision.

The plaintiffs asked the court to ‘cancel the orders putting approximately 1,300 VOA employees on administrative leave’ and to ‘cancel the termination of contracts with approximately 500 personal service contractors (PSCs) with VOA, cease dismantling VOA, and restore VOA’s personnel and operating capacities.’

President Donald Trump dismantled the news agency through an executive order (EO) in March, claiming that VoA promoted biased reporting.

‘The non-statutory components and functions of the following governmental entities shall be eliminated to the maximum extent consistent with applicable law, and such entities shall reduce the performance of their statutory functions and associated personnel to the minimum presence and function required by law,’ the EO stated. 

The EO also dismantled VoA’s parent company, the United States Agency for Global Media, as well as Radio Free Europe/Radio Liberty. 

‘Voice of America has been out of step with America for years. It serves as the Voice for Radical America and has pushed divisive propaganda for years now,’ a senior White House official told Fox News Digital at the time.

On Mar. 22, VoA employees filed a lawsuit against the Trump administration and Kari Lake, who serves as the special advisor to the United States Agency for Global Media.

‘In many parts of the world, a crucial source of objective news is gone, and only censored state-sponsored news media is left to fill the void,’ the lawsuit reads.

‘The second Trump administration has taken a chainsaw to the agency as a whole in an attempt to shutter it completely,’ the suit stated.

Fox News Digital’s Emma Colton and Hanna Panreck contributed to this report.

This post appeared first on FOX NEWS

Vice President JD Vance told reporters in India that the U.S. had offered Russia and Ukraine ‘a very explicit proposal’ to end the war that has been ongoing for over three years: make a deal or risk the U.S. walking away.

‘We’ve issued a very explicit proposal to both the Russians and Ukrainians, and it’s time for them to either say yes or for the U.S. to walk away from this process. We’ve engaged in an extraordinary amount of diplomacy, of on-the-ground work,’ Vance told reporters.

The vice president also said that ‘the only way to really stop the killing is for the armies to both put down their weapons, to freeze this thing and to get on with the business of actually building a better Russia and a better Ukraine.’

Vance’s comments come after Secretary of State Marco Rubio confirmed that he would not be attending talks in London aimed at facilitating a ceasefire. On Tuesday, State Department spokesperson Tammy Bruce told reporters that Rubio would not be attending the talks due to ‘logistical issues.’ 

The secretary later wrote in a post on X that he was planning on ‘following up after the ongoing discussions in London and rescheduling my trip to the UK in the coming months.’

During Tuesday’s briefing, Bruce also said Gen. Keith Kellogg, special presidential envoy for Ukraine, would represent the U.S. at the talks in London.

On Friday, Rubio suggested that the U.S. might walk away from negotiations to end the war within ‘a matter of days,’ despite President Donald Trump’s ongoing efforts to secure a ceasefire deal. Trump later told the press that Rubio was ‘right in saying that we want to see it end.’

‘Think about it, every day a lot of people are being killed as we talk about, you know, as they play games, so we’re not gonna take that,’ Trump told reporters. He also said he thinks the U.S. has a ‘good chance’ of bringing peace to Ukraine and Russia.

Security experts, however, are not as confident that peace is on the horizon, as some warn that Russian President Vladimir Putin does not want peace.

Trump seems to be hoping to entice Putin and Ukrainian President Volodymyr Zelenskyy to stop the fighting with talk of how both countries could benefit from doing business with the U.S. after the war ends. He made the remark after Ukraine and Russia’s temporary Easter ceasefire ended. Both Ukraine and Russia accused each other of violating the ceasefire.

Fox News’ Caitlin McFall contributed to this report.

This post appeared first on FOX NEWS

President Donald Trump this week said he is ‘very’ optimistic that Ukraine and Russia will enter into some sort of deal in the coming days, but security experts are still sounding the alarm that Russian President Vladimir Putin does not want peace. 

A feeling of geopolitical whiplash is surrounding Washington after the Trump administration last week said it would abandon peace efforts if a ceasefire cannot be secured, though days later Trump said there is a ‘very good chance’ a deal will be reached this week.

The White House did not respond to Fox News Digital’s questions about what it would mean should the U.S. walk away from one of Trump’s top campaign trail issues: ending the war in Ukraine. 

The administration also has not clarified if Washington would take retaliatory measures against Putin, as Trump threatened to do last month.

‘Simply because Trump hasn’t announced any consequences yet does not mean that he doesn’t plan on taking some anti-Russia measures,’ former DIA intelligence officer and Russia expert Rebekah Koffler told Fox News Digital. ‘Trump almost certainly intends for his economic warfare against China to serve as an example to Putin how far Trump is willing to go to compel his adversaries to his will.’

‘But unlike the China case, there’s no similar dependence between the U.S. and Russia. Trump’s decision on Russia is much more complicated, more risky and requires more thought,’ she added. ‘He may or may not take draconian economic steps against Russia, as Putin may take devastating, non-kinetic actions against the U.S. 

‘It’s Trump’s risk tolerance vs. Putin’s now,’ Koffler said. ‘And both like to win and both have risk tolerance way above average.’

The White House did not respond to questions by Fox News Digital on whether the U.S. would still aid Ukraine in some capacity, particularly given recent restrictions on military aid Trump has implemented on Kyiv, like refusing to sell Patriot missiles previously used to defend civilian populations from Russian strikes and that cost $1.5 billion a piece.

‘If we want to be a global superpower, and we want to deter aggression, not with U.S. troops on the ground, but in general, to deter aggression because it is good for our national security, then we should continue to support Ukraine,’ former CIA Moscow Station Chief Dan Hoffman told Fox News Digital. ‘It’s a tiny percentage of the Department of Defense budget.’

‘The return on investment is pretty high,’ he added, referring to the $66.5 billion in military assistance Washington has provided Kyiv since Russia’s February 2022 invasion, compared to the $841.4 billion defense budget congressionally approved for 2024 alone, a figure which Trump has pushed to increase.

A Ukrainian delegation was set to meet with Trump administration officials in London on Wednesday alongside other European partners, including representatives from the U.K., France and Germany.

Special envoy Steve Witkoff is reportedly set to return to Moscow this week to continue negotiations with Russian officials, though the Kremlin has not indicated they are anywhere near agreeing to ceasefire terms, let alone a peace deal.

A spokesperson for Putin, Dmitry Peskov, on Tuesday reportedly said the issue of Russia’s invasion was too ‘complex’ to achieve a quick fix and warned against rushing into a deal.

‘It is not worth setting any rigid time frames and trying to get a settlement, a viable settlement, in a short time frame,’ he said.

The Kremlin’s position has given credence to repeated warnings from security experts that Putin is not interested in securing a peace deal with Ukraine. 

‘There’s no indication that Putin wants to stop the war,’ Hoffman said. ‘That isn’t surprising. Because for a war to end, somebody has to win or both sides have to be so tired they can’t continue to fight. 

‘Russia is the invader, so you have to stop them in order to have an end of the war,’ he added. ‘The one consistent thing here is Putin is continuing to fight. His objective is to overthrow the government in Ukraine. He’s going to keep fighting until he feels like he has accomplished that goal or he can’t fight anymore.’

Koffler echoed Hoffman’s position: ‘Putin will be pursuing the same strategy regardless of Trump’s actions; that is continuing the war of attrition until Ukraine capitulates or is completely destroyed and the government collapses.’

‘Putin would like to string Trump along and will continue to try doing so,’ she added.

A report by the Moscow Times on Tuesday cited sources close to Putin and said the Kremlin chief is looking to reorder the global ‘spheres of influence’ by negotiating leverage points between the U.S. and adversaries like Iran and North Korea. 

The article claimed that Putin would attempt to get Trump to either force a less-than-desirable deal for Ukraine or potentially stop the U.S. from aiding Kyiv by proposing personally enticing deals, like allowing Trump to build a hotel in Moscow, and geopolitical wins, like securing a nuclear agreement with Iran and a ‘peace deal’ in Ukraine.

Fox News Digital could not verify the report’s claims, but Koffler agreed it could be a strategy that Putin is looking to employ as the U.S. pushes deals across Europe and the Middle East. 

‘He could promise Trump not to share certain sensitive technologies to these two [nations],’ Koffler said. ‘And he could convince Iran not to operationalize and weaponize its nuclear program in exchange for Trump’s promise not to target Iran’s nuclear facilities in a kinetic strike and to lift sanctions from Russia. 

‘The important aspect of all of this is to give these adversaries face-saving opportunities, which is not a strong point for the U.S. style of diplomacy,’ Koffler said. ‘But Putin’s ability to convince Trump and Trump’s decision calculus are two different things.’

This post appeared first on FOX NEWS

President Donald Trump’s administration is firing or reassigning over 450 employees at the Environmental Protection Agency as part of a larger push to eliminate ‘environmental justice’ programs.

EPA Administrator Lee Zeldin announced the employee moves on Monday, saying 280 staffers were being fired, and 175 others would be reassigned. The cut roles were in the Office of Environmental Justice and External Civil Rights, the Office of Inclusive Excellence, and EPA regional offices.

‘EPA is taking the next step to terminate the Biden-Harris Administration’s Diversity, Equity, and Inclusion and Environmental Justice arms of the agency,’ a spokesperson told Axios.

Zeldin explained at a Monday press conference that tax dollars put toward environmental justice issues were widely misspent.

‘The problem is that, in the name of environmental justice, a dollar will get secured and not get spent on remediating that environmental issue,’ he said.

The firings come the same week that Zeldin launched talks with Mexico about eliminating sewage contamination that flows over the border from Tijuana to pollute California’s coastlines.

Zeldin visited San Diego to discuss the issue on Tuesday, noting that one of the affected areas is the training grounds for Navy SEALs.

‘The Americans on our side of the border who have been dealing with this… for decades, are out of patience,’ Zeldin said Tuesday. ‘There’s no way that we are going to stand before the people of California and ask them to have more patience and just bear with all of us as we go through the next 10 or 20 or 30 years of being stuck in 12 feet of raw sewage and not getting anywhere.’

‘So we are all out of patience,’ he continued. ‘There’s a very limited opportunity. We’re in good faith, both on the American side and also on the Mexican side, what’s being communicated by the new Mexican president is an intense desire to fully resolve this situation.’ 

Zeldin said that he met with Mexican officials for about 90 minutes Monday night to discuss the sewage spewing into U.S. waters — and relayed that the Mexican environmental secretary wants to have a ‘strong collaborative relationship’ with the U.S. to end the pollution. 

‘I will be speaking with the chief of staff to the Mexican environmental secretary to ensure that over the course of the coming days, over the course of the next couple weeks, that we are able to put together a specific statement from both countries on a mutual understanding of what Mexico is going to do to help resolve this issue,’ he said.

Fox News’ Emma Colton contributed to this report.

This post appeared first on FOX NEWS

RTX and GE Aerospace expect a more than $1 billion impact combined from President Donald Trump’s tariffs on imported goods and materials, the latest sign of higher prices for major U.S. manufacturers that rely on a global supply chain.

Neil Mitchill, chief financial officer of defense contractor and commercial aerospace supplier RTX, said on an earnings call Tuesday that the company will likely take a $850 million hit this year from tariffs, including the sweeping 10% levies that Trump imposed earlier this month alongside higher duties on countries like China and separate taxes on imported steel and aluminum.

That estimate doesn’t include RTX’s own tariff mitigation measures, Mitchill said.

GE Aerospace, which makes engines for popular Boeing and Airbus planes, kept its 2025 earnings outlook in place during its quarterly report Tuesday and said it would seek to save about $500 million by cutting costs and raising prices.

GE Aerospace CEO Larry Culp said on Tuesday’s analyst call that he recently met with Trump and discussed the U.S. aerospace sector’s trade surplus. GE has a joint venture with France’s Safran to make popular airplane engines.

The new tariffs are a shift for a global industry that has enjoyed mostly duty-free trade for decades.

“All we have suggested is the administration works through a myriad of issues, is they can consider the position of strength that the country enjoys as a result of this tariff-free regime,” Culp said.

The White House didn’t immediately comment.

Boeing, a major customer of both companies and the top U.S. exporter, is scheduled to report quarterly results before the market opens on Wednesday.

Airlines have recently announced cuts to U.S. domestic capacity plans this year because of softer demand, but executives have emphasized it is hard to predict the direction of the economy or future trade policies. United last week provided two earnings outlooks for 2025, one in the event of a recession, one assuming status quo.

“There is uncertainty,” Culp said Tuesday. “None of us, I think, know for sure how this plays out.”

This post appeared first on NBC NEWS

The top producer at CBS’ “60 Minutes” announced Tuesday he would step down from the newsmagazine because he had lost his journalistic independence.  

“Over the past months, it has … become clear that I would not be allowed to run the show as I have always run it,” Bill Owens said in a memo to staff members, which was obtained by NBC News. “To make independent decisions based on what was right for ‘60 Minutes,’ right for the audience.” 

“So, having defended this show — and what we stand for — from every angle, over time with everything I could, I am stepping aside so the show can move forward,” Owens added.  

Owens’ departure comes during a tumultuous chapter for “60 Minutes.” President Donald Trump has sued CBS for $10 billion over an October interview with then-Vice President Kamala Harris that the president claims was deceptively edited. The network has denied that claim. 

Trump amended the lawsuit earlier this year, upping his damages claim to $20 billion.

“Former President Donald Trump’s repeated claims against ‘60 Minutes’ are false,” CBS News said in a statement in October. “The interview was not doctored” and the show “did not hide any part of Vice President Kamala Harris’s answer to the question at issue.”  

In a separate statement, “60 Minutes” said it gave an excerpt from its interview with Harris to the Sunday morning program “Face the Nation,” which used a longer section of the former Democratic presidential candidate’s answer to a question.

“Same question. Same answer. But a different portion of the response. When we edit any interview, whether a politician, an athlete, or movie star, we strive to be clear, accurate and on point,” the statement said. “The portion of her answer on 60 Minutes was more succinct, which allows time for other subjects in a wide ranging 21-minute-long segment.”  

Bill Owens, Executive Producer of 60 Minutes, CBS News, in Toronto on June 22, 2022.Piaras Ó Mídheach / Sportsfile via Getty Images file

Trump has repeatedly lambasted the venerable newsmagazine over its reporting on him and his administration.  

In a post on Truth Social on April 13, for example, Trump wrote: “Almost every week, 60 Minutes … mentions the name ‘TRUMP’ in a derogatory and defamatory way, but this Weekend’s ‘BROADCAST’ tops them all.” He appeared to take issue with segments about the war in Ukraine and his interest in acquiring Greenland.  

Trump added that he believed CBS should lose its broadcast license and “pay a big price.” He said he hoped Federal Communications Commission Chairman Brendan Carr would “impose the maximum fines and punishment.”   

Owens’ exit, first reported by The New York Times, also comes at a pivotal moment for CBS’ parent company, Paramount. Shari Redstone, Paramount’s controlling shareholder, reportedly needs the Trump administration to approve her media conglomerate’s sale to Skydance Media, a production and finance company run by David Ellison, the son of tech mogul Larry Ellison. 

The New York Times reported in late January that Paramount was in settlement talks with Trump. The Times later reported that Owens told staff members he would not apologize for the Harris interview as part of any prospective settlement. NBC News has not independently verified either report. 

In his memo to staff, Owens said “60 Minutes” would “continue to cover the new administration, as we will report on future administrations. We will report from war zones, investigate injustices and educate our audience. In short, ‘60 Minutes’ will do what it has done for 57 years.”  

“Thank you all, remain focused on the moment, our audience deserves it,” Owens said in closing.  

Wendy McMahon, president and CEO of CBS News, notified company employees by email that Owens would be leaving and touted his work at the company.

“Tom and I are committed to 60 Minutes and to ensuring that the mission and the work remain our priority,” McMahon said, referring to CBS News president and executive editor Tom Cibrowski. 

This post appeared first on NBC NEWS

Top 5 Remains Unchanged

The latest sector rotation analysis reveals a market that’s still playing defense. Despite some minor shuffling in the lower ranks, the top five sectors remain unchanged this week—a sign that the current defensive positioning is settling into a more stable pattern.

Consumer staples is holding its ground at the number one spot, followed by utilities, financials, communication services, and health care. This lineup underscores the market’s continued preference for defensive plays.

  1. (1) Consumer Staples – (XLP)
  2. (2) Utilities – (XLU)
  3. (3) Financials – (XLF)
  4. (4) Communication Services – (XLC)
  5. (5) Healthcare – (XLV)
  6. (6) Real-Estate – (XLRE)
  7. (8) Industrials – (XLI)*
  8. (9) Consumer Discretionary – (XLY)*
  9. (10) Materials – (XLB)*
  10. (7) Energy – (XLE)*
  11. (11) Technology – (XLK)

Weekly RRG

The weekly Relative Rotation Graph (RRG) paints a clear picture of the defensive sectors’ strength. Consumer staples and utilities are continuing to move further into the leading quadrant, solidifying their dominant positions. Healthcare, while ranked fifth, is located within the leading quadrant, but has lost some relative momentum over the past two weeks — something to keep an eye on.

Interestingly, financials and communication services, ranked third and fourth respectively, are showing signs of momentum loss, despite maintaining elevated RS ratio levels. Communication services have actually crossed into the weakening quadrant this week. At current RS-Ratio levels, this is not too concerning yet.

Daily RRG: Staples and Utilities Slightly Losing Relative Momentum

Zooming in on the daily RRG provides some nuanced insights. Staples and utilities, while still disconnected from other sectors at high RS ratio levels, have lost some relative momentum in the last week. Utilities have dipped into the weakening quadrant on this timeframe, but, given its high relative strength (RS) ratio, it’s not a major concern, at least not yet.

Financials and health care are also in the weakening quadrant on the daily RRG, but they’re flirting with the 100 level on the RS ratio scale. We haven’t seen a crossover yet, but it’s definitely a situation to be aware of.

One bright spot: communication services, despite being in the lagging quadrant, is showing signs of rolling back up. This aligns with its positive heading on the weekly RRG, suggesting potential improvement ahead.

Consumer Staples (XLP)

XLP is flexing its muscles, pushing against overhead resistance—a show of strength, given the S&P 500’s weakness. A break above the 83 area could unlock more upside potential, further cementing Staples’ defensive appeal. The relative strength line is attempting to break above horizontal resistance, dragging both RRG lines higher and pushing XLP deeper into the leading quadrant.

Utilities (XLU)

Utilities are showing a similar pattern to staples, though not quite as robust. XLU has retreated into its trading range, between roughly 73 and 80, currently sitting in the mid-range. Given the broader market weakness, this is still a positive setup for utilities. The sector is attempting to break above its relative resistance, which is propelling the RRG lines above 100 and deeper into the leading quadrant.

Financials (XLF)

Financials took a hit but found support around 42, bouncing strongly back towards the 47-47.50 resistance area. This sets up a limited upside potential, but the downside seems well-protected for now. The raw relative strength uptrend remains intact, keeping XLF in the leading quadrant, despite some leveling off of the RRG lines.

Communication Services (XLC)

XLC has been the biggest loser among the top sectors, breaking support around 95 and declining rapidly to support near 82.50. We’re currently seeing a bounce off that support. Relative strength is maintaining its rising channel, keeping the RS ratio well above 100. However, the momentum line has dipped below 100, temporarily pushing XLC into the weakening quadrant. The uptrend in relative strength is still in play, though — something to watch closely.

Health Care (XLV)

Healthcare is struggling, grappling with support between $132.50 and $135. A potential head-and-shoulders top formation is developing — a pattern we’re seeing in several sectors, to be honest. XLV is clearly the weakest of the top five, explaining its fifth-place ranking. Relative strength is struggling to maintain its upward trajectory. While both RRG lines remain above 100, we need to see a clear break in relative strength and the formation of an uptrend in order for healthcare to maintain its top-five status.

RRG Portfolio Performance

An update on our RRG portfolio of top five sectors: As of Friday’s close, the portfolio is down 10.2% year-to-date, compared to the S&P 500’s (using SPY as the benchmark) decline of 9.96%. This has resulted in a slight underperformance of 0.2%. However, it’s worth noting that we’re catching up to the benchmark after last week’s more significant underperformance — we’re on the rise again.

#StayAlert –Julius


In this video, as earnings season heats up, Mary Ellen reviews current stock market trends, highlighting top-performing stocks during past bear markets that are showing strength again today. She also shares a proven market timing system that’s signaled every stock market bottom, helping investors stay ahead of major turning points.

This video originally premiered April 18, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.