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NEWS - SATURDAY, JULY 04, 2026 - NEWS
An electric Tesla Semi struck two passenger vehicles outside of Reno on Sunday, leaving two dead and sending one to the hospital. LA Times
President Trump has spent months waging an unusually aggressive campaign to reshape how states run elections. LA Times
VOA VIEW: The state elections in blue states have much fraud.
The uptick in price came about after the agency found that the new technology expenses and operational costs were higher than projected, per senior TSA officials. New York Post
VOA VIEW: As they should be.

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It’s not just the recent jab to her throat by Alyssa Thomas that Caitlin Clark thinks was a flagrant foul.  New York Post
VOA VIEW: The WNBA is a joke,.
Any Israeli attempt to kill Abbas Araghchi, the foreign minister, or Mohammad Ghalibaf, the Parliament speaker, would have derailed peace talks, American officials feared. New York Times
VOA VIEW: Liberal news deception.
Near 100-degree temperatures were expected to continue as medical workers prepared for more heat-related illnesses during celebrations of the nation’s 250th anniversary. New York Times
The Democrats’ constant solicitations for cash do not make their supporters feel like they are on a winning team. New York Times
VOA VIEW: The Dem party is selfdestructing.
Assemblyman Robert Smullen, who lost a Republican primary, will not run on the Conservative Party line in his bid to replace Representative Elise Stefanik. New York Times
“Are we in the Soviet Union now?” asked one Russian, stunned and frustrated by the waits at the pumps. New York Times
VOA VIEW: Russia is in a mess.

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A Harvard astronomer known for challenging the scientific establishment has been chosen by the Trump administration to lead a team of handpicked scientists that will analyze potential national security risks posed by unidentified anomalous phenomena (UAPs). OANN
Vice President JD Vance predicts that Representative Alexandria Ocasio Cortez, best known as AOC, could be the front runner for the Democrats’ 2028 presidential nomination. OANN
VOA VIEW: She is an idiot will give the GOP the presidency.
A scathing federal intelligence report released by the Department of Homeland Security’s (DHS) Office of Inspector General has exposed even more catastrophic communication failures within the U.S. Secret Service. OANN
VOA VIEW: It seems unreal.
Marking what he called a victory over "bad" regulatory treatment by the Obama and Biden administrations, President Donald Trump celebrated a new National Oceanic and Atmospheric Administration (NOAA) directive to reopen the northern edge of Georges Bank to commercial scallop fishermen. OANN

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The Utah Supreme Court has cleared the way for the Charlie Kirk murder case to move forward. OANN
VOA VIEW: It has taken too long.
CDC: U.S. death rate dropped to its lowest level on record in 2025. Washington Times
VOA VIEW: It makes little sense.
The Supreme Court announced on its final day of the term that it won't be hearing disputes related to age limits for buying guns. Washington Times

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The U.S. Justice Department and 17 states reached settlement agreements with three major egg producers this week to resolve allegations that the companies illegally colluded for years to raise prices, including when the cost soared to record highs last year. Washington Times
Louisiana's Republican attorney general was indicted Thursday on criminal charges by a grand jury in New Orleans, accused of trying to intimidate local officials who fought a law enacted by GOP legislators to overhaul the local courts. Washington Times
The Supreme Court on Thursday declined to intervene after a judge ordered an $800-a-day fine for a former Fox News reporter if she refuses to reveal her confidential source for stories about a Chinese American scientist who was investigated by the FBI but never charged. Washington Times
VOA VIEW: The whole case is mad.
Immigration and Customs Enforcement arrested 10,000 people over a five-day period at the end of June, marking a major push by the agency tasked with carrying out the Trump administration's mass deportations agenda. Washington Times
More than 120 passengers and crew members on a Princess Cruises ship that docked in San Francisco on Thursday were infected with a stomach virus while on their voyage, federal health officials said. Washington Times

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Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy. CBS
Former U.S. Olympian David Hearn was indicted on Thursday on a felony charge for allegedly tearing up roughly two feet of the Lincoln Memorial Reflecting Pool last month, amid the algae blooms and political mudslinging around the president's $16 million renovation. CBS
VOA VIEW: He must be tried.
A heat wave is threatening to melt plans for America's 250th birthday, making parades and parties uncomfortable at best and downright dangerous at worst. At least 11 states are expecting temperatures above 100 degrees over the holiday weekend. CBS
VOA VIEW: Th heat must be respected.

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June's payroll gains were much lower than the 100,000 new hires that economists had predicted. CBS
VOA VIEW: Voter fraud must be protected.
The FBI is asking for analysts to help evaluate thousands of records for a "priority" investigation ordered by FBI Director Kash Patel. CBS
VOA VIEW: Voter fraud must be protected.
The Washington, D.C., fireworks show, which is sponsored by the Trump-backed organization Freedom 250, is not slated to begin until 10:30 p.m. or 11 p.m. CBS
Companies with federal interests — including Boeing, Lockheed Martin and Oracle — are sponsoring a Trump-aligned effort celebrating America’s 250th birthday. CNBC
VOA VIEW: So!
The metal was boosted as investors scaled back their bets on a looming rate hike. CNBC
Death toll from twin earthquakes that struck Venezuela jumped to 2,595, as rescue operations continued after the country's strongest tremors in over a century. CNBC
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons. CNBC
Gas station chains led by Buc-ee's are coming closer to rivaling America's big box stores in size, and Dolly Parton is getting in on the retail trend. CNBC
Police departments are using drones, curfews and social media monitoring to prevent teen takeovers from disrupting the Fourth of July weekend. FOX News
A federal judge blocked Philadelphia's mask ban on ICE agents, ruling the city cannot regulate how federal officers conduct enforcement operations. FOX News
VOA VIEW: As it should be.
A Rhode Island airman missing since a secret World War II reconnaissance mission in 1944 has been identified through modern forensic testing. FOX News
The FBI says its Joint Mission Center has identified suspects and nefarious protest funding sources as it works to bring indictments for political violence. FOX News
U.S. Marshals captured the 16-year-old suspect in Colorado after a month-long manhunt in the armed robbery and murder of Penn State student Billy Schmidt. FOX News
VOA VIEW: Good news.
Authorities have uncovered networks of men accused of drugging and sexually assaulting women, then evidence of the crimes with one another online. UPI
More than 120 people aboard a ship operated by Princess Cruises reported symptoms of norovirus, U.S. health officials said on Thursday. UPI
The couple who climbed to the top of the Empire State Building's spire to hang a flag, and get engaged, was arraigned and released Thursday. UPI

VOA VIEW -- Is the opinion of "Voice of Americans", which is a private entity not affiliated in any way with the United States government or any of its agencies. The opinions expressed here, in whatever medium or format, are not necessarily the opinions of the ownership or advertisers of this web site - 0415.


P.O. Box 10307
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COMMENTARY OF THE DAY
By
Robert Namer
Voice Of America
©2018 All rights reserved
July 06, 2026

     Americans' understanding of basic financial concepts has fallen to a 10-year low, raising concerns that households are becoming less prepared to manage debt, savings and retirement decisions, according to a new study from investment giant TIAA and Stanford University's Global Financial Literacy Excellence Center. 

     In 2025, U.S. adults correctly answered only 47% of the 28 questions used to assess financial literacy, down from a high of 52% in 2020 and the lowest score in the decade since the survey began. The decline was driven by a growing share of Americans with very low financial literacy, which has jumped to 25% this year from 20% a decade ago, the study found.  Pitiful.

     The findings are troubling because low financial literacy is linked with worse outcomes, such as carrying higher levels of debt, Surya Kolluri, the head of TIAA Institute, told CBS News. The survey didn't examine why scores declined, but he said possible factors include misleading financial informThe findings are troubling because low financial literacy is linked with worse outcomes, such as carrying higher levels of debt, Surya Kolluri, the head of TIAA Institute, told CBS News. The survey didn't examine why scores declined, but he said possible factors include misleading financial information on social media, weaker overall literacy and the financial strains many households already face.

     "Those with lower levels of financial literacy are four times more likely to have trouble making ends meet," Kolluri said. Women and younger adults scored lower than other groups. Women answered 44% of the questions correctly, compared with 50% for men. Gen Z adults, ages 18 to 29, had the lowest score of any generation, at 38%, while baby boomers had the highest, at 54%.

     The generation gap is partly due to Gen Z's age, as many aren't likely to be well-versed in the retirement topics addressed in the survey. But Kolluri also suspects it could be due to financial pressures on young people, such as high student debt and a sense that buying a home mayation on social media, weaker overall literacy and the financial strains.