Speaker of the House Kevin McCarthy isn’t inspiring confidence that the US can avoid an unprecedented and catastrophic default on its debt.Last week, President Joe Biden met with McCarthy and the three other top lawmakers in Congress to come to an agreement on raising the debt ceiling before the US defaults, which Treasury Secretary Janet…
© Reuters. FILE PHOTO: U.S. President Joe Biden speaks to reporters before boarding Air Force One as he departs for Dover, Delaware, from Joint Base Andrews in Maryland, U.S., May 13, 2023. REUTERS/Joshua Roberts REHOBOTH BEACH, Delaware (Reuters) -U.S. President Joe Biden said on Sunday he expects to meet with congressional leaders on Tuesday for…
© Reuters. FILE PHOTO: Philippine Finance Secretary Benjamin Diokno attends an economic briefing following President Ferdinand Marcos Jr’s first State of the Nation Address, in Pasay City, Metro Manila, Philippines, July 26, 2022. REUTERS/Lisa Marie David MANILA (Reuters) – The Philippine central bank has no reason to raise interest rates further as domestic inflation is…
Former U.N. ambassador Nikki Haley, who is running for president in 2024, tells “Face the Nation” that the U.S. shouldn’t return to Trump-era immigration policies. But, she said, that the immigration crisis needs to be treated as a “national security issue” and “we shouldn’t wait for another 9/11 to realize that Republicans and Democrats have…
© Reuters. FILE PHOTO: Printed Chinese and Australian flags are seen in this illustration, July 21, 2022. REUTERS/Dado Ruvic/Illustration Copper +0.39% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100…
© Reuters. FILE PHOTO: Dr. Philip Nathan Jefferson, of North Carolina, nominated to be a Member of the Board of Governors of the Federal Reserve System, answers a question to U.S. Senator Raphael Warnock (D-GA), during a Senate Banking, Housing and Urban Affairs Com PALO ALTO, Calif. (Reuters) – The Federal Reserve is “on track”…
Former President Donald Trump weighed in on the debt ceiling crisis this week — and he thinks Republicans’ best bet is to hurdle into economic catastrophe. Ohio’s freshman GOP senator is listening.During a CNN Town Hall on Wednesday night, the network’s anchor Kaitlan Collins asked Trump how he views the current debt situation in the country.…
“A real war is being waged against our motherland!” Vladimir Putin boomed at crowds in Moscow’s Red Square this week. Yet even as his armoured cars and military trucks rolled across the cobbles in the annual Victory Day Parade, Western cyber experts were delivering the Russian leader a gift to remember.The Snake malicious software (malware)…
© Reuters. FILE PHOTO: The U.S. Capitol building is seen in Washington, U.S., April 5, 2023. REUTERS/Elizabeth Frantz/File Photo By Richard Cowan and David Morgan WASHINGTON (Reuters) – Detailed talks on raising the U.S. government’s $31.4 trillion debt ceiling kicked off on Wednesday with Republicans insisting on deep spending cuts, the day after Democratic President…
Stephanie Grisham, who served as White House press secretary under Donald Trump, said she witnessed the then-president’s sexual harassment firsthand.She told CNN that she had to try to protect one staffer in particular that Trump would request accompany him on trips.“He one time had one of my other deputies bring her back so that they…
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