Stock market today: Wall Street drifts as investors await inflation data, Fed; GameStop tumbles
Stocks are drifting higher in late trading on Wall Street, continuing this week’s lull as markets wait for several big events next week
2023-06-09 03:26
Supreme Court rules for nursing home patient's family, declines to limit civil rights lawsuits
The Supreme Court has ruled for the family of a nursing home resident with dementia that had sued over his care
2023-06-09 03:23
Far-right members of Congress rebel against McCarthy and hold up House votes
Far-right members of Congress are blocking legislation in the House of Representatives in retaliation after the passage of a bipartisan agreement to lift the debt ceiling. The rebellion began earlier this week, when members of the conservative House Freedom Caucus voted against a rule to advance a bill that would prevent government action on gas stoves. Every Democrat voted against the bill, along with 12 Republicans, making it the first time a rule to pass a piece of legislation had failed to pass on the House floor since 2002. Many of the Republicans who opposed the rule also opposed the agreement to lift the debt limit, such as Reps Matt Gaetz (R-FL), Dan Bishop (R-NC), Chip Roy (R-TX) and Lauren Boebert (R-CO). Mr Gaetz said the blockade came in retaliation for the bipartisan debt ceiling agreement that House Republican leadership brokered with the White House that passed last week. “When Speaker McCarthy and House GOP Leadership couldn’t hold the line on spending, they surrendered the ability to exclusively hold the floor,” Mr Gaetz tweeted. “We are going to #HoldTheFloor and refuse to allow their failure theater to continue to play out.” “All we are asking is that Speaker McCarthy abide by the spending commitments he previously made,” Rep Ken Buck (R-CO) tweeted. “That’s not an unreasonable ask.” As a result, the House dismissed itself for the rest of the week and will not convene until Monday 12 June for votes. The logjam led to House Republican leadership blaming each other. “We’ve been through this before; you know we’re in a small majority,” House Speaker Kevin McCarthy said, The New York Times reported, also taking a swipe at House Majority Leader Steve Scalise for the failure to control procedure. “The majority leader runs the floor,” he told reporters. Many House conservatives said that Mr McCarthy broke a series of promises he made to them in January of this year, when they forced the House to go into 15 rounds before he became speaker. Mr Scalise said he was not privy to those negotiations with conservatives in an interview with Punchbowl News. “So I still don’t know what those agreements were,” he said. “Whatever they are, [conservatives] feel that the agreements were broken. That’s got to get resolved. Hopefully it does.” Read More Gaetz and Boebert vow to force McCarthy into ‘monogamous relationship’ Lauren Boebert claims she missed vote on debt ceiling deal because it was a ‘c**p sandwich’ Richard Snyder, ‘warrior-king’ of publishing who presided over rise of Simon & Schuster, dead at 90 Senators call on TikTok CEO to explain 'inaccurate' statements about how company manages US data Judge rules to release names of Rep. Santos bond cosigners, will say secret for now as appeal mulled
2023-06-09 03:19
Mexico president puts unity first to broker compromise in succession race
By Dave Graham MEXICO CITY Mexican President Andres Manuel Lopez Obrador this week intervened in the increasingly fractious
2023-06-09 03:17
Bipartisan group to introduce bill banning bump stocks
A bipartisan group of lawmakers will introduce a bill on Thursday to ban the sale of bump stocks and other devices that enable semi-automatic firearms to increase their rate of fire and effectively operate as fully automatic weapons, the bill's lead sponsor told CNN.
2023-06-09 02:55
Cuba gives China permission to build spying facility on island, US intel says
Cuba has agreed to allow China to build a spying facility on the island that could allow the Chinese to eavesdrop on electronic communications across the southeastern US, a source familiar with the intelligence told CNN.
2023-06-09 02:52
Investigators eye condition that manifests in seconds as possible cause of Virginia jet crash
As investigators try to determine why a pilot and passengers fell unresponsive on a small jet that ultimately crashed in Virginia on Sunday, the tragedy evokes a critical consideration for pilots when flying: oxygen.
2023-06-09 02:50
'Completely inaccurate': Jamie Foxx's rep breaks silence, debunks wild rumors about his health
Jamie Foxx's daughter Corinne previously dismissed reports claiming that their family was preparing for the 'worst'
2023-06-09 02:47
See before-and-after images of US landmarks as they get inundated with wildfire smoke
The wildfire smoke that originated from Canada shrouded some major US cities on the Eastern Seaboard, leaving millions at risk of breathing unhealthy air and prompting the cancellation of outdoor activities ranging from school recess to Major League Baseball games.
2023-06-09 02:28
South Africa’s Ramaphosa Plans Call With China’s Xi Amid Furor Over Putin Warrant
South African President Cyril Ramaphosa will hold talks with Chinese leader Xi Jinping as Pretoria considers switching the
2023-06-09 02:24
New Haven police commission terminates 2 officers charged in the transport incident that left Randy Cox paralyzed
Two of the five New Haven, Connecticut, police officers involved in the June 2022 arrest of Randy Cox, who was left paralyzed from the chest down in a police van, have been fired, officials said.
2023-06-09 01:57
Watch live as Biden and Sunak hold press conference after White House talks
Watch live as Joe Biden and Rishi Sunak hold a press conference after their meeting at the White House on Thursday (8 June). The war in Ukraine and artificial intelligence (AI) were two topics expected to be high on the agenda in their talks, which took place in Washington DC. Mr Biden and Mr Sunak met days after the Nova Kakhovka dam, which lies along the Dnipro river in Russia-held Kherson, was blown up. As a result of the incident, water gushed into nearby villages and towns in the region with a 42,000-strong population at risk of losing their homes, food, safe water and livelihoods. Ukraine has blamed Russia for an attack on the dam, and Mr Sunak said earlier this week that the destruction would be “new low” if Moscow was indeed responsible. “What I can say is if it is intentional, it would represent, I think, the largest attack on civilian infrastructure in Ukraine since the start of the war, and just would demonstrate the new lows that we would have seen from Russian aggression,” he said. Read More Budget 2022: Hunt says UK in recession as he announces huge tax rises Jeremy Hunt increases energy windfall tax in budget Jeremy Hunt freezes tax allowances and hits 45p rate payers
2023-06-09 01:54