Treasury Cash Pile Slumped to Match 2015 Low During Debt-Cap Saga
The amount of money the US government had to pay its bills plunged to the lowest level in
2023-06-03 04:24
DeSantis news — live: Judge steps back from Disney case against Florida governor as 2024 campaign tour wraps
Ron DeSantis has wrapped up his first tour of early-voting states that took him to Iowa, New Hampshire and South Carolina. At a campaign event in New Hampshire, there was a bizarre moment when a woman interrupted the governor’s speech to claim that her son’s murder was being covered up by the state of Florida. Video captured the unidentified woman being escorted out of the event by security as she threw a DeSantis hat to the ground and pulled out one supporting Donald Trump. The incident came hours after Mr DeSantis snapped at a reporter who persisted in asking him why he was posing for pictures with local voters but not taking their questions. “Are you blind?” Mr DeSantis snarled, insisting he was making himself available. The exchange was leapt upon Mr Trump, who branded his top 2024 rival “angry” at a Fox News town hall event in Iowa on Thursday evening. Back in the Sunshine State, a federal judge disqualified himself from overseeing a court case brought against Mr DeSantis by Disney. The governor is also facing mounting criticism over a sweeping new immigration law coming into effect on 1 July. Read More DeSantis lashes out at reporter on New Hampshire campaign visit: ‘Are you blind?’ Woman interrupts DeSantis speech to claim her son’s murder was covered up in Florida DeSantis says ‘petty and juvenile’ Trump can thank his own behaviour for 2020 loss
2023-06-03 04:22
Ecuador's president declines to run in snap elections after he disbands National Assembly
Ecuador's President Guillermo Lasso said Friday he will not seek reelection in the early elections prompted by his decision to dissolve the National Assembly two weeks ago. Lasso, who disbanded the assembly just when it appeared on the verge of ousting him in impeachment proceedings, announced his decision not to run in Aug. 20 balloting at a news conference surrounded by members of his Cabinet and family. “This has been the greatest honor of my life, but I love democracy way beyond the role of president,” Lasso said. "If my duty as president requires me to give up my position and protect democracy, then I will do so. Without fear and with a clear conscience.” Lasso, a conservative former banker, was elected in 2021 on a business-friendly platform and clashed from the start with the left-leaning majority coalition in the 137-member National Assembly. In May, lawmakers launched impeachment proceedings against him on allegations that he failed to intervene to end a faulty contract between the state-owned oil transport company and a private tanker company. Faced with likely removal from office on what he called frivolous charges, Lasso disbanded the National Assembly, calling it “the best possible decision,” giving Ecuadorians “the power to decide their future in the next elections.” Ecuador's constitution includes a provision that allows the president to disband the assembly during a political crisis, but then requires new elections for both the assembly and presidency. Mauricio Alarcón, an analyst with Ecuador's nongovernment organization Citizenship and Development Foundation, praised Lasso's decision to step aside, telling The Associated Press that the level of confidence in the president “had hit rock bottom.” An estimated 13.4 million Ecuadoreans will go to the polls in August to elect president, vice-president and 137 legislators. They will complete the current term of office, which end in May 2025. If no winner is declared in a first round, a second one is scheduled for Oct. 15. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-06-03 04:19
Advance Auto Parts Shares Are Set for Their Worst Week Ever
Advance Auto Parts Inc. had its worst weekly performance ever after a weak earnings report and an accounting
2023-06-03 04:16
Frank Founder Charlie Javice Pleads Not Guilty to Defrauding JPMorgan
Frank founder Charlie Javice pleaded not guilty to charges that she defrauded JPMorgan Chase & Co. in its
2023-06-03 03:15
Trump, GOP Rivals Must Meet Polling, Donor Thresholds for August 23 Debate
Republican presidential candidates will need to meet polling and fundraising requirements and agree to back the eventual nominee
2023-06-03 02:52
Goldman Banker Who Had David Solomon Wear Lululemon to Win IPO Retires
Goldman Sachs Group Inc. banker Kathy Elsesser is exiting her senior perch at the Wall Street firm after
2023-06-03 01:58
Disney-DeSantis Case Given to Judge Who Upheld Law Behind Feud
Walt Disney Co.’s lawsuit against Ron DeSantis was reassigned to the Donald Trump-appointed judge who previously upheld the
2023-06-03 01:47
Australian man was actually Nebraska teen who murdered parents and escaped from prison, DNA tests reveal
A Nebraska teenager who shot dead his parents in the 1950s before escaping from prison lived out his life in Australia as a successful businessman and beloved “family man”, DNA tests revealed. William Leslie Arnold shot and killed his parents at the age of 16 in a dispute over using the family car and buried them in the backyard of their Omaha home. The teenager kept on going to school for two weeks and acting as if nothing had happened before being arrested. He pleaded guilty to the slayings and in 1959 was given a life sentence in the Nebraska State Penitentiary. He pleaded guilty to the slayings and in 1959 was given a life sentence in the Nebraska State Penitentiary. Despite being viewed as a model prisoner, on 14 July 1967, Arnold and another inmate were involved in a jailbreak and went on the run. Investigators say that Arnold moved to Chicago where he moved in with a woman and worked in the city before moving to California and then to Australia. The FBI continued to investigate the case until the 1990s when they handed it back to the Nebraska Department of Corrections, who in turn gave it to the US Marshals Service. Investigators eventually discovered that within three months of his escape, he had married and established an alias, John Damon. He continued to use that identity when he moved with his second wife to New Zealand in 1992 and then to Australia in 1997, where he built a career as a salesman. Arnold died in 2010 at the age of 67 from complications caused by blood clots leaving behind a wife and two children, as well as three stepdaughters from his first marriage. Authorities say that all of the people in his life were completely oblivious to his criminal past. “It’s a total shock,” Arnold’s stepdaughter Kelly told The Omaha World-Herald, calling the revelation “Mind-blowing.” “A lot of things that didn’t make sense or were uncomfortable now make sense,” said another stepdaughter, Shawn. “We all need to work our way through it, and that’s what we’re doing.”
2023-06-03 01:19
Looking Beyond Mixed Signals, US Labor Market Remains Strong
The latest US jobs report presented conflicting signals on a heretofore robust labor market: hiring that exceeded expectations
2023-06-03 00:55
Classified document Trump admitted he had on tape is now missing, report says
Donald Trump’s attorneys have been unable to find the classified document described in a recording of a 2021 conversation that is now in the possession of prosecutors, CNN reports. Earlier this week, the network broke the news that a recording existed of the former president acknowledging that he had held onto a classified Pentagon document outlining a potential attack on Iran. Citing two sources, CNN now reports that attorneys for Mr Trump could not find the document he referred to when they turned over material in mid-March in response to a federal subpoena relating to the investigation. Prosecutors sought “any and all” documents and materials related to Mark Milley, Mr Trump’s chairman of the Joint Chiefs of Staff, and Iran, including maps or invasion plans, the sources say. Another subpoena was sent to at least one other attendee of the recorded meeting at Bedminster, New Jersey, in July 2021, another source told the network. Prosecutors reportedly made it clear that they wanted the specific document referred to in the recording after they had issued the subpoena, as well as any other material referencing classified documents still in the possession of the former president. The report adds credence to prosecutors’ scepticism that all classified materials retained by Mr Trump after he left office have been returned. Dozens of documents of varying classification levels were retrieved from the former president’s home at his Mar-a-Lago Club in Palm Beach, Florida when the FBI searched the premises in August 2022. The recording of Mr Trump was created during the summer of 2021, approximately six months after the ex-president had left office. It reportedly captures a discussion during which Mr Trump was reacting to the publication of a story in The New Yorker regarding how Chairman of the Joint Chiefs of Staff Mark Milley took actions to ensure the outgoing president issued no illegal orders. In the article, journalist Susan Glasser reported that Mr Milley was concerned that Mr Trump “might set in motion a full-scale conflict that was not justified” by ordering military action against Iran. The former president was reportedly recorded as he waved a document and said it would undermine what Mr Milley had said if he could legally show it to anyone. CNN reported that the audio recording contains the sound of paper rustling as if Mr Trump was waving a document around. The recording also reportedly captured laughter after the ex-president noted that he was not permitted to show the document to anyone. The July 2021 meeting took place long before Mr Trump’s aides sent 15 boxes of records from his Florida home to the National Archives. That January 2022 transfer of documents led Archives officials to discover multiple classified documents among the records sent back from Mr Trump’s residence, leading the agency to notify the Department of Justice about the discovery. The Justice Department’s probe into Mr Trump’s alleged unlawful retention of national defence information is being overseen by a special prosecutor, Jack Smith. Mr Smith has reportedly obtained other evidence which shows Mr Trump made efforts to obstruct the investigation by concealing documents from the government, even after he was served a grand jury subpoena compelling him to return all classified documents in his possession. The investigation is reportedly in its final stages and could result in charges against Mr Trump as soon as this summer. Read More Ivanka and Jared split over attending Trump 2024 launch – follow live Why was Donald Trump impeached twice during his first term? Four big lies Trump told during his 2024 presidential announcement Justice Department says it won't charge Pence over handling of classified documents Trump rages that Pence won’t face charges for classified documents Georgia Trump investigation could include other states in racketeering case: report
2023-06-03 00:51
The Fear Premium in T-Bills Is Evaporating as Debt-Cap Deal Enters Final Stretch
The fear premium baked into Treasury bills once seen as most at risk of a US default due
2023-06-03 00:19
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