State of the Union: 5 key challenges for Biden as he delivers his speech
President Joe Biden will face no small task on Tuesday night, when he delivers his State of the Union speech after a little more than two years in office.Biden looks poised to tackle the debt-limit standoff, recession worries and acts of violence at home and abroad in his remarks. At the same time, American presidents […]
There’s a George Santos bobblehead with a Pinocchio nose — and that’s no lie
This collectible hits George Santos on the nose. The embattled New York congressman is getting the bobblehead treatment, but with a Pinocchio-inspired twist. The National Bobblehead Hall of Fame and Museum located in Milwaukee is producing a Santos bobblehead in two styles. One is a standard version of the House Republican, but the other depicts… […]
Debt Ceiling Looms Over Capitol as Congress Returns to Work
As Congress returns to work, the Senate plans to focus on nominees while the House tackles investigations. Source link
Yellen dismisses minting $1 trillion coin to avoid federal default
LUSAKA, Zambia — Treasury Secretary Janet Yellen said the Federal Reserve likely wouldn’t accept a $1 trillion platinum coin if the Biden administration tried to mint one to avoid breaching the debt limit, dismissing an idea that has been floated to circumvent Congress on the issue. Some Biden administration officials and Democrats on Capitol Hill have discussed the […]
Latest offensive in Russia’s war on Ukraine is cartological
MOSCOW — It could soon be an offense here to print any maps that don’t label Crimea and other parts of Ukraine as Russian territory. Political analysts say the new legislation is a symptom of the growing unease spreading through Russian President Vladimir Putin‘s government as the conflict continues into its second calendar year. Source link
New Zealand Prime Minister Jacinda Ardern steps down: ‘I no longer have enough in the tank’
““I know what this job takes, and I know that I no longer have enough in the tank to do it justice. It is that simple.”” Those are the words of New Zealand Prime Minister Jacinda Ardern, who has announced she will not seek another term and will step down from her office by Feb. […]
The Government Debt Threat Keeps Mounting: WSJ
If you thought the 2008 financial crisis was bad, wait until Washington has to stop borrowing. Source link
Job openings data is missing a recent upturn in layoffs, Goldman economist says
The Labor Department’s job openings report may not be capturing a recent upturn in layoffs, according to new research from Goldman Sachs. Manuel Abecasis, a Goldman Sachs economist, looked at layoff notices filed under the Worker Adjustment and Retraining Notification Act, which require companies to notify state governments, and affected individuals, of plans to lay […]
Supreme Court investigators narrowing suspects in leak of Alito draft of decision overturning Roe v. Wade
WASHINGTON — Supreme Court investigators probing the May leak of Justice Samuel Alito’s draft opinion overruling Roe v. Wade have narrowed their inquiry to a small number of suspects including law clerks, but officials have yet to conclusively identify the alleged culprit, people familiar with the matter said. A day after the draft opinion was published last year […]
Genesis, Winklevoss twins’ Gemini crypto venture charged by SEC with selling unregistered securities
U.S. securities regulators on Thursday charged Genesis Global Capital and crypto exchange Gemini Trust Co. with offering and selling of unregistered securities to retail investors, bypassing disclosures and other requirements aimed at protecting market participants. Genesis and Gemini raised billions of dollars’ worth of crypto assets from hundreds of thousands of investors through unregistered offers, […]