Fed Officials Say Higher Interest Rates Are Needed to Reach 2% Inflation Goal
Three Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to
2023-07-11 01:26
Tech Giants Play Too Big a Role in US Indo-Pacific Trade Talks, Critics Say
Technology giants are drawing protests as they aggressively try to shape a new US trade deal with Australia,
2023-07-11 01:22
Trump leaves Iowa Republicans with big bill after no-show at charity event
Former president Donald Trump reportedly further strained his relationship with Republican party leadership in Iowa after failing to show up for senator Joni Ernst's annual "Roast and Ride" charity. Except for Mr Trump, eight of the GOP 2024 presidential election hopefuls were present at the senator's charity event last month – a combination of barbecue-rally and motorcycle rides that kick off a busy summer campaign season heading into the first-in-the-nation caucuses. Florida governor Ron DeSantis, former vice president Mike Pence, US senator Tim Scott, former UN ambassador Nikki Haley and other candidates dressed for the occasion in leather and reached out to supporters. Mr Trump declared that he would not participate in the event but his campaign had expressed interest in sending videotaped remarks to be played for the crowd, according to a New York Times report. However, the former president failed to send the videotape, allegedly leaving Ms Ernst’s operation with a large bill that was wasted on renting screens for the purpose of showing the tape. The former president also potentially ruined the senator's plan to use a motorcycle helmet signed by all of the Republican candidates to sell tickets to the event. The event organisers sent the helmet to Mr Trump, who returned it later than expected and had added the numbers '45' and '47,' signaling he would be the next president. The helmet was never used, the newspaper said. The presidential hopefuls during the event all tiptoed around mentions of the 45th president. Ms Haley repeated a version of a line she has been using as a candidate that seems to allude to Mr Trump and his political career as replete with controversies. “It’s time for a new-generation leader. We’ve got to leave the baggage of the negativity behind,” she said. Meanwhile, Mr Trump in Iowa earlier this week attacked the Florida governor as an enemy of corn-based ethanol in his largest campaign event in the state. The former president spoke to more than 1,000 Iowans and Nebraskans packed into the event hall inside Mid-America Center. Mr Trump declared himself “the most pro-farmer president that you’ve ever had” at the event, which was aimed at promoting his administration’s agricultural record. “I fought for Iowa ethanol like no president in history,” he said. Read More Trump and DeSantis begin eyeing Super Tuesday states as they prepare for 2024 long game Trump says ‘damaged’ DeSantis is ‘desperately trying to get out’ of 2024 race Trump lawyer Alina Habba leaves his defence team in New York fraud case Mexico's president breaks with tradition in quarrel with scrappy opposition upstart A competitive race for an open House seat is taking shape in a Michigan battleground district Trump wanted to tap phones of White House aides, new book claims
2023-07-11 01:21
Basketball star writes ‘Trump won!’ on the side of his head at Big3 game
Former NBA player Royce White wrote “Trump Won!” on the side of his head as he appeared at a Big3 game. The Big3 is a basketball league co-founded by rapper Ice Cube featuring three-on-three games. Mr White played for the Sacramento Kings and the Houston Rockets, but his NBA career was brief as he played only three regular season games. Since then, he has become an outspoken right-winger. Last year, he ran for the Republican nomination in Minnesota’s 5th Congressional District to challenge Democratic Rep Ilhan Omar. But he faced criticism when his campaign committee spent large amounts of money at major retailers without detailing how much of it was used for his campaign, Axios reported last year and he ultimately lost the primary in the solidly Democratic district. Mr White’s message earned him the praise of many on the right. “Royce White = MAGA fearless,” Steve Bannon said. “Royce White knows what’s going on,” former Arizona Republican gubernatorial nominee Kari Lake tweeted. “Trump won. EVERYONE knows it.” Similarly, last week, Mr White said he would support a presidential ticket with Mr Trump and Democratic presidential candidate and conspiracy theorist Robert F Kennedy Jr. Mr Kennedy also appeared at a Big3 game on Sunday. Despite initially criticising Mr Trump, Ice Cube later met with Mr Trump in 2020 to discuss the then-president’s agenda for Black Americans. “Every side is the Darkside for us here in America,” he tweeted at the time. “They’re all the same until something changes for us. They all lie and they all cheat but we can’t afford not to negotiate with whoever is in power or our condition in this country will never change. Our justice is bipartisan.” Read More Trump news – live: Guy Fieri faces backlash as new book claims Trump wanted to tap White House aides’ phones Trump wanted to tap phones of White House aides, new book claims Trump leaves Iowa Republicans with big bill after no-show at charity event Trump spreads White House cocaine conspiracy – live ‘Heartbreaking’ court ruling blocks trans youth from affirming care in Tennessee
2023-07-11 01:18
Sole suspect in Tylenol murders case found dead at home
The sole suspect in the Tylenol poisoning murders that claimed seven lives and led to changes to how over-the-counter prescription drugs were manufactured and sold has died. James Lewis, 76, was found unresponsive at his home in Cambridge, Massachusetts, on Sunday, and pronounced dead soon after, authorities said. His death has frustrated law enforcement who had continued to pursue Lewis over the indiscriminate 1982 killing spree in the Chicago area that left six adults and a 12-year-old girl dead. Lewis was convicted of attempting to extort manufacturer Johnson & Johnson after sending a letter claiming responsibility for the deaths and demanding $1m to stop. He was questioned as recently as September over the poisonings, in which a suspect laced bottles of Tylenol with potassium cyanide. But no-one has ever been charged over the deaths, which led to widespread panic and sweeping changes to the way prescription drugs were bought and sold. Read More Utah mom accused of poisoning husband before writing grief book is sued for $13m by his family Thousands of unauthorized vapes are pouring into the US despite the FDA crackdown on fruity flavors Drugmaker lobbying group sues over plan to negotiate Medicare drug prices
2023-07-11 01:16
Trump Is Unelectable, Says $3.6 Million Ad Campaign Tied to Influential Group
A new super PAC aligned with the conservative Club for Growth is speaking directly to Donald Trump’s supporters
2023-07-11 00:46
Meta backs down on Donald Trump Jr ‘misinformation’ warning
It didn’t take very long for conservatives to pounce on Meta’s new Twitter competitor and accuse it of censoring a prominent conservative, forcing the social media giant to back down. Last week, the New York Post reported that users of Instagram Threads — the upstart from Facebook’s parent company meant to take advantage of Twitter users’ discontent over the site’s Elon Musk-era problems — were offered a warning when they attempted to follow Donald Trump Jr, the eldest son of twice-impeached, twice-indicted ex-president Donald Trump. They were asked if they were “sure” they wanted to do so, and warned that the younger Mr Trump had “repeatedly posted false information that was reviewed by independent fact-checkers or went against our Community Guidelines”. The Trump Organization executive, who frequently posts false and inflammatory statements targeting prominent Democrats, posted a screen grab of the warning to Twitter on Thursday, around the time the new app went live. “Threads not exactly off to a great start,” he wrote. “Hey Instagram, threads is verbal, so the whole skimpy bikini thing is not going to work so well if your influencers can’t actually formulate a sentence… IMHO you may want to rethink cutting off those who can”. Meta communications boss Andy Stone responded that the warning “was an error and shouldn’t have happened”. “It’s been fixed,” he added. In response, Mr Trump replied: “Ok thanks I appreciate that”. The frustrated would-be poster’s father was banned from Instagram and Facebook for two years after he incited a deadly riot at the US Capitol on 6 January 2021. On that day, a mob of the defeated president’s supporters stormed the seat of the US legislature in hopes of preventing certification of President Joe Biden’s 2020 election victory. Read More Instagram Threads hits 100 million users, becoming easily the fastest growing app ever Twitter restores old, ‘better’ version of TweetDeck – but for how long? Account tracking Elon Musk’s jet is now on Threads after it was suspended from Twitter Elon Musk says ‘Zuck is cuck’ as Threads inches closer to 100m users
2023-07-11 00:22
Manuel Chang: South Africa to hand Mozambique 'tuna bond' minister to FBI
Mozambique's ex-finance minister is to be tried in the US after five years in a South African jail.
2023-07-10 23:28
Sex offender Larry Nassar stabbed multiple times in prison
Nassar, who sexually abused gymnasts, is believed to have been stabbed in the chest and the back.
2023-07-10 22:48
Biden criticises 'most extreme' ministers in Israeli government
Benjamin Netanyahu's far-right allies are "part of the problem" in the West Bank, the president says.
2023-07-10 22:48
Banks Face Higher Capital Requirements in Plan From Fed’s Barr
Major banks are facing one of the biggest regulatory overhauls since the financial crisis, setting up a clash
2023-07-10 22:28
Novo Weight Drugs Probed Over Reports of Suicidal Thoughts
Novo Nordisk A/S’s weight-loss medications are under investigation by the European Union’s drugs regulator after a small number
2023-07-10 22:27