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Elon Musk is once again the world's richest man
Elon Musk is once again the world's richest man
Elon Musk has reclaimed his position as the world's wealthiest person.
2023-06-01 10:17
China Factory Activity Expands Moderately, Caixin Survey Shows
China Factory Activity Expands Moderately, Caixin Survey Shows
China’s manufacturing activity expanded slightly in May, a private survey showed, a surprise improvement that contradicted official data
2023-06-01 10:16
Cash Will Buoy Childrearing Generation, Japan Minister Says
Cash Will Buoy Childrearing Generation, Japan Minister Says
Expanding government handouts will encourage the child-rearing generation, many of whom say they can’t afford to start a
2023-06-01 10:00
Japan tells US it wants closer cooperation to deal with North Korea
Japan tells US it wants closer cooperation to deal with North Korea
TOKYO (Reuters) -Japan's Defense Minister Yasukazu Hamada on Thursday told U.S. Defense Secretary Lloyd Austin he wanted to deepen security
2023-06-01 09:57
Debt ceiling deal: US House overwhelmingly passes bill
Debt ceiling deal: US House overwhelmingly passes bill
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-01 09:56
Braves rookie offers simple reason for newfound success
Braves rookie offers simple reason for newfound success
Atlanta Braves rookie starting pitcher Jared Shuster revealed a fairly obvious reason as to why he has played so well recently.The Atlanta Braves know how to develop their prospects into eventual everyday players for the major league team. We've seen it with third baseman Austin Riley and o...
2023-06-01 09:54
Reports: Prosecutors have tape of Trump discussing holding onto classified doc after leaving office
Reports: Prosecutors have tape of Trump discussing holding onto classified doc after leaving office
There are media reports that Justice Department prosecutors have obtained an audio recording of former President Donald Trump from after he left office in which he talks about holding onto a classified document related to a potential attack on Iran
2023-06-01 09:53
House votes to back Biden-McCarthy debt ceiling deal despite Republican threats to derail it
House votes to back Biden-McCarthy debt ceiling deal despite Republican threats to derail it
The House of Representatives has voted to raise the debt limit, thereby ensuring the United States will avoid defaulting on its debt, despite vocal opposition from many Republicans in the House majority. The legislation had resulted from negotiations between lieutenants of House Speaker Kevin McCarthy and the White House. The passage of the legislation is the first major hurdle to be cleared for Mr McCarthy, who made a series of concessions on how to negotiate the debt limit during the marathon 15 votes it took for him to become speaker in January. The Senate will take up the legislation for a vote and Senate Majority Leader Chuck Schumer has pledged it will pass before 5 June, when Treasury Secretary Janet Yellen has warned that the United States will run out of options to maintain its debt obligations. Multiple Republicans vehemently criticised the bill, saying it did not go far enough in its spending cuts as well as highlighting the fact it raised the debt limit until January 2025, rather than raising it a certain dollar amount. Rep Garret Graves (R-LA), one of the chief negotiators with the White House, said that conservative criticism ignored the fact that had it not been for the agreement, the White House would have likely raised the debt limit unilaterally or Democrats would have teamed up with moderate Republicans to raise the debt limit without spending cuts. “So by doing so all you're doing is playing into the hands of the White House,” he told The Independent. “Because if you keep going down this road, if you keep trying to sew this line, that's simply not true that there's some other option out there to save a gazillion dollars, all you're doing is you're moving towards default.” But several House conservatives criticised the bill for multiple provisions, including the fact it did not put in place work requirements for Medicaid. The agreement increases the age for work requirements for the Supplemental Nutrition Assistance Program (SNAP), formerly known as food stamps, for able-bodied adults without dependent children from 50 to 54. That earned the criticism of many progressive Democrats and led to them opposing the bill. At the same time, the agreement would exempt youth in the foster care system, veterans and people experiencing homelessness from work requirements for SNAP and the Congressional Budget Office estimated that approximately 78,000 would gain benefits in an average month as a result of the deal. But Rep Byron Donalds (R-FL) criticised the legislation for not going far enough in work requirements such as including them for Medicaid. “And I think that's just a smart and prudent thing to do,” he told The Independent. “But when you expand eligibility for the program, at least the way CBO is putting it we're actually taking a step backwards.” Read More What’s in the cliffhanger deal struck by Biden and McCarthy to raise the debt limit? Anti-poverty groups and progressives blast work requirements for aid to poor Americans in debt ceiling deal
2023-06-01 09:53
Australia business investment up 2.4% in Q1
Australia business investment up 2.4% in Q1
SYDNEY Australian business investment rose strongly in the March quarter, helped by a jump in spending on mining,
2023-06-01 09:51
Australia says tougher laws needed on artificial intelligence
Australia says tougher laws needed on artificial intelligence
SYDNEY Australia said on Thursday it planned to regulate artificial intelligence (AI) including a potential ban on deep
2023-06-01 09:51
Republicans Push for More Military Spending in Debt Deal as They Decry Deficit
Republicans Push for More Military Spending in Debt Deal as They Decry Deficit
Republican lawmakers who oppose the debt-ceiling bill argue it doesn’t do enough to cut spending or reduce the
2023-06-01 09:47
Qatar's prime minister reportedly meets with Taliban's supreme leader in Afghanistan
Qatar's prime minister reportedly meets with Taliban's supreme leader in Afghanistan
The supreme leader of the Taliban met in Afghanistan with Qatar’s prime minister this month
2023-06-01 09:29
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