Two Fed Officials Say More Interest-Rate Raises May Be Needed to Cool Prices
Two Federal Reserve hawks saw the need to raise interest rates further this year, days after Chair Jerome
2023-05-23 06:57
E Jean Carroll seeks damages from Donald Trump for CNN remarks
The writer submits a new legal filing over the ex-president's remarks during a CNN town hall.
2023-05-23 06:55
Man's death at a Georgia county jail was a homicide caused by neglect, independent medical review commissioned by attorneys says
Lashawn Thompson, who died inside a Georgia county jail last year, had been living in conditions akin to a "torture chamber" before ultimately dying of complications stemming from severe neglect to his mental and physical health, according to the man's family attorneys and an independent medical review.
2023-05-23 06:53
Analysis-China's Micron ban highlights chipmakers' dilemma as Sino-U.S. tensions grow
By Joyce Lee SEOUL (Reuters) -China's ban on the use of U.S.-based Micron Technology's chips in certain sectors, announced on
2023-05-23 06:52
Biden ‘optimistic’ as McCarthy arrives for last-ditch debt talks
President Joe Biden on Monday said he was “optimistic” about the chances of finding an agreement with the Republican-led House of Representatives that would avoid a catastrophic default on America’s sovereign debt. Speaking at the outset of a crucial meeting with House Speaker Kevin McCarthy, Mr Biden said the source of his optimism was a shared agreement between the two men that a debt default is “off the table”. Mr Biden also said the consequences that would arise should the US fail to meet its’ outstanding debt obligations would be “a kick in the ... economic well-being” for the American people. The negotiating session between the president and House speaker comes with just ten days remaining before the US Treasury is set to lose the ability to pay its’ bills by issuing new bonds. In a letter to Congress, Treasury Secretary Janet Yellen said on Monday that “it is highly likely” that the Treasury would run out of operating funds in the event that Congress does not raise the department’s statutory debt limit. A default on America’s sovereign debt would be a financial catastrophe both for Americans and people around the world who rely on US financial stability. Mr Biden said he and Mr McCarthy “talked about the need for bipartisan agreement” and stressed that he was “optimistic” that he and Mr McCarthy were “going to make some progress” during the Monday evening session. For his part, the House Speaker said he and Mr Biden had a “very productive” conversation during a phone call held on Sunday while Mr Biden was returning to Washington from the G7 summit aboard Air Force One. Earlier in the day, Mr McCarthy told reporters at the Capitol that “decisions have to start being made” on spending for the next fiscal year since “we’re 10 days out” from the debt ceiling deadline. “We have to spend less next year than we spent this year,” he said before pointing to the House’s proposal for spending cuts as the “framework” for a deal. “I’m hopeful,” he added. Read More Watch live: Biden and McCarthy meet to discuss US debt ceiling Who is Tim Scott? 5 things to know about the newest 2024 GOP presidential candidate A timeline of Donald Trump’s rivalry with Ron DeSantis
2023-05-23 06:49
TikTok sues to stop ban in US state of Montana
TikTok on Monday filed suit in US federal court to stop the state of Montana from implementing an overall ban...
2023-05-23 06:49
Fact Check: Sen. Tim Scott's presidential announcement speech
Sen. Tim Scott announced he's running for the Republican nomination for president on Monday, setting up a challenge to former President Donald Trump, the current frontrunner.
2023-05-23 06:25
Police to search Portuguese dam 16 years after Madeleine McCann vanished
By Catarina Demony and Luis Ferreira SILVES, Portugal (Reuters) -Portuguese police will on Tuesday search a reservoir inland from where
2023-05-23 06:24
E. Jean Carroll Wants to Add Trump’s CNN Town Hall Comments to Defamation Suit
The New York author who won a $5 million civil sexual-abuse trial against Donald Trump earlier this month
2023-05-23 06:19
E. Jean Carroll adds Trump's post-verdict remarks to defamation case, seeks at least $10M
Lawyers for a columnist who won a $5 million sexual abuse and defamation award against former President Donald Trump have filed an amended lawsuit against him, asking for another $10 million for remarks he made after the verdict
2023-05-23 06:17
All eyes on rookie QBs and Aaron Rodgers as NFL teams kick off practices
Rookie quarterbacks will get much of the attention this week when most NFL teams hit the field for non-contact practices
2023-05-23 06:16
E. Jean Carroll seeks new damages from Trump over post-verdict statements
NEW YORK The writer E. Jean Carroll on Monday sought to amend the first of two defamation lawsuits
2023-05-23 06:00