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NEWS - MONDAY, JULY 06, 2026 - NEWS
L.A. County firefighters helped an international team rescue a man trapped for eight days under a collapsed building after devastating Venezuela earthquakes. LA Times
VOA VIEW: It was not his time.
The resolution marks the first time an Israeli government has committed to openly defying the country's highest court, paving the way for a constitutional crisis to rock the Jewish state. New York Post
VOA VIEW: Bad timing!
The oil-producing group agreed during an online meeting to increase quotas by 188,000 barrels per day from August, on top of similar increases for June and July. New York Post
VOA VIEW: Good!

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Each 1% increase in unauthorized workers corresponded with about a 2.2% rise in home prices and a 1.4% increase in rents. New York Post
VOA VIEW: More Biden stupidity.
Critics say the administration is weakening public safety. Proponents say regulations would be where they were before President Joseph R. Biden took office. New York Times
VOA VIEW: A major Biden cause.
President Trump has tried to scale back anti-discrimination regulations that date back decades. New York Times
A scathing report released on the Fourth of July says the National Museum of American History downplays the role of the founders while emphasizing social justice. New York Times
VOA VIEW: Caused be liberal fools.
The reversal of Folarin Balogun’s World Cup suspension is highly unusual. It was the first time since 1962 that FIFA has nullified a suspension for a red card received during the World Cup. New York Times
VOA VIEW: As it should be.
Residents, construction experts and seismologists said for years that Venezuela’s public housing would be vulnerable in a natural disaster. New York Times

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A masked gunman opened fire at a Fourth of July family barbecue in Coney Island, New York City, shooting at least eight people, including four children, and leaving one of the victims in critical condition. OANN
VOA VIEW: Crazy!
Fourth of July celebrations culminated in America's capital with a speech by President Donald Trump emphasizing the history and achievements of the United States, followed by a record-breaking 40-minute fireworks show. OANN
VOA VIEW: It was great.
Two Tennessee National Guard members assigned to a crime-fighting patrol in Memphis fatally shot a man Sunday who turned toward the soldiers with a gun during a downtown pursuit, authorities said. Washington Times
A seaplane made a rough landing in New York City's East River Sunday, alarming bystanders but resulting in no apparent injuries, according to city authorities. Washington Times

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Communist Party USA chairman says no current or hopeful Democratic candidates are communists. Washington Times
VOA VIEW: So they claim.
An appeals court ruled Friday that President Trump's administration can reinstall its interpretive panels at the site of President George Washington's home in Philadelphia. Washington Times
The 250th anniversary of American independence is colliding with a country gripped by political polarization and a heat wave bearing down on millions of people across multiple states as celebrations get underway across the United States on Saturday. Washington Times

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Three people died and seven others were rescued Friday after a boat capsized in Geneva Lake as a strong storm passed through southern Wisconsin, an official said. Washington Times
NCAA President Charlie Baker said he hopes to "dramatically limit" prop betting at the collegiate level and beyond. CBS
While millions of Americans across the Northeast experienced record-setting temperatures, thunderstorms in the Midwest downed trees, ruptured power lines and made transportation treacherous. CBS
While many in the U.S. light fireworks on the Fourth of July, some towns are turning to drones as a cleaner, quieter alternative. Mark Strassmann gets a preview in Texas. CBS
On Saturday, President Trump is slated to speak on the National Mall, but on Friday, he gave a speech at Mount Rushmore that jumped from praise for America to a warning about what he called a threat to its future. CBS

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The incident was reported in one of the world's most crucial trade transit routes amid a fragile ceasefire between Iran and the U.S. CNBC
Before they ballooned into multi-day destination getaways, bachelorette parties tended to be one night of raucous fun. Some brides are bringing it back. CNBC
The heat wave threatens to overwhelm U.S. grids and may force some to change their plans on one of the busiest travel weeks of the year. CNBC

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President Donald Trump's controversial pick to lead the office of the Director of National Intelligence has begun firing intel officials. CNBC
VOA VIEW: So be it.
Leo will compete with SpaceX's Starlink, which had a four-year start over Amazon and has more than 10,000 satellites in its constellation. CNBC
An MH-60S Sea Hawk helicopter crashed in the Arabian Sea, and after 102 hours searching over 14,000 square miles, the Navy suspended its rescue effort. FOX News
Newly discovered CIA records are being declassified as House Republicans probe alleged links between MKUltra mind-control experiments and Charles Manson. FOX News
Video shows a Coast Guard rescue of eight people, including an infant, after a boat capsized near the Sanibel Causeway in southwest Florida. FOX News
The USS Fort Lauderdale and Marine Corps vehicles support Venezuela earthquake relief as the death toll nears 2,000 and continues to rise. 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 he should.
Three of late Iranian Supreme Leader Ayatollah Ali Khamenei attended his dayslong funeral on its second day Sunday but his successor remains absent. UPI
VOA VIEW: Scared!
Paul Pelosi, former House Speaker Nancy Pelosi's husband, is expected to face charges after he hit a parked car in Napa County, Calif., on Saturday. UPI
A rare copy of the Declaration of Independence printed in 1776 has been found in London. 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.


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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.