ABC News

abcnews.go.com

Public Key

npub1lepvwjkkmqjm7salca8py6tdd2gvqxzughkytz9elpmzfzkam0ys87urw5

NIP-57 Address

here@getalby.com

Profile Code

nprofile1qqs0usk8fttdsfdlgwluwnsjd9kk4yxqrpwytmz93zulsa3y3twahjg3wu83x

Author Public Key

npub1lepvwjkkmqjm7salca8py6tdd2gvqxzughkytz9elpmzfzkam0ys87urw5

Show more details

Last Notes

2025-01-09 12:55:01

Stock market today: A mixed day for world shares as Wall Street steadies
==========
World shares were mixed on January 9, 2025, after U.S. economic data calmed nerves on Wall Street; U.S. futures edged lower with S&P 500 down 0.2% and Dow Jones less than 0.1% lower; U.S. markets closed for National Day of Mourning for former President Jimmy Carter; Germany's DAX lost 0.2% to 20,285.80; CAC 40 in Paris nearly unchanged at 7,454.28; FTSE 100 surged 0.6% to 8,302.33; Asian markets mostly declined due to trade friction concerns with President-elect Donald Trump; Nikkei 225 dropped 0.9% to 39,605.09; Hong Kong's Hang Seng edged down 0.2% to 19,240.89; Shanghai Composite lost 0.6% to 3,211.39; S&P 500 rose 0.2% and Dow added 0.3% on January 8; Edison International tumbled 10.2% due to wildfires; Fed Governor Christopher Waller expects further rate cuts in 2025; two-year Treasury yield fell to 4.27%; job market remains solid despite slower hiring; U.S. benchmark crude oil shed 16 cents to $73.16 per barrel.
#StockMarket #WallStreet #EconomicData #GlobalShares #InterestRates #Trump #EdisonInternational #Wildfires #JobMarket #OilPrices
https://abcnews.go.com/US/wireStory/stock-market-today-mixed-day-world-shares-wall-117492842

2024-11-02 03:47:18

- reply

#note19ys…x0kq

2024-11-02 03:47:03

House Speaker Johnson says GOP may try to repeal CHIPS Act, then walks it back
==========
House Speaker Mike Johnson suggested at a New York rally on November 1, 2024, that Republicans 'probably will' attempt to repeal the CHIPS Act, which promotes U.S. semiconductor production; he later clarified his statement, expressing a desire to 'streamline' the legislation instead.
#MikeJohnson #ChipsAct #Republicans #Semiconductors #Legislation #2024Election #NewYorkRally #Politics #Clarification #Streamline
https://abcnews.go.com/Politics/wireStory/house-speaker-johnson-gop-repeal-chips-act-walks-115416774

2024-09-19 09:52:18

- reply

#note1p5g…kvyy

2024-09-19 09:52:07

Biden to celebrate progress of American economy in Thursday remarks
==========
President Joe Biden will speak on September 19, 2024, at the Economic Club of Washington, D.C., to celebrate progress in the American economy, highlighting the first key interest rate cut since 2020 and falling inflation. White House Chief of Staff Jeff Zients emphasized that the remarks will not declare victory but will outline significant progress and ongoing challenges, particularly in childcare and housing costs. National Economic Adviser Lael Brainard noted the need for more affordable housing and the importance of enabling more workers to participate in the labor force. Concerns about rising unemployment and geopolitical risks were addressed, with officials asserting the economy remains healthy.
#Biden #Economy #InterestRates #Inflation #Housing #Employment #Covid19 #EconomicPolicy #Affordability #GeopoliticalRisks
https://abcnews.go.com/US/biden-celebrate-progress-american-economy-thursday-remarks/story?id=113833192

2024-09-12 19:46:53

- reply

#note1ls6…q9x9

2024-09-12 19:46:42

30,000 Boeing workers are poised for a potential strike. Here's what's at stake
==========
30,000 Boeing workers are set to vote on a tentative agreement with the IAM on September 12, 2024; the agreement includes a 25% raise over four years, but workers sought a 40% increase; a strike could begin as soon as September 13, 2024; Boeing's CEO Kelly Ortberg took over last month; Boeing carries nearly $60 billion in debt and has seen a 40% drop in share price in 2024; a strike could weaken Boeing's production and impact the U.S. economy, which Boeing contributes nearly $80 billion to annually; the IAM represents 33,000 workers in Washington, Oregon, and California; workers express frustration over compensation amid rising living costs and company mismanagement.
#Boeing #Strike #Union #Iam #Labor #Economy #Ceo #Wages #Employment #Aerospace
https://abcnews.go.com/Business/30000-boeing-workers-poised-potential-strike-stake/story?id=113616770

2024-09-12 15:38:22

- reply

#note1j04…tj8f

2024-09-12 15:38:11

Stock market today: Wall Street is steady following economic reports with few surprises
==========
U.S. stocks are mixed on September 12, 2024; S&P 500 up 0.2%, on track for fourth winning week; Dow Jones down 45 points (0.1%); Nasdaq up 0.5%; Nvidia rose 2.6% after an 8.1% jump; Moderna down 17% after pushing break-even forecast to 2028; Treasury yields steady; unemployment benefits applications ticked up; wholesale prices up 1.7% in August; Fed expected to cut rates by 0.25% next week; Kroger shares up 3.3% after strong profit report; Alaska Air Group up 0.9% after raising profit forecast; Delta Air Lines initially rose but fell 0.6%; European Central Bank cut rates by 0.25%; Japan's Nikkei 225 index rose 3.4%.
#StockMarket #Economy #Nvidia #Moderna #FederalReserve #InterestRates #Kroger #AlaskaAir #DeltaAirLines #TreasuryYields
https://abcnews.go.com/Business/wireStory/stock-market-today-asian-shares-rally-encouraged-wall-113611327

2024-09-12 13:34:10

- reply

#note1aw0…sd0d

2024-09-12 13:33:59

US filings for unemployment benefits inch up slightly but remain historically low
==========
Jobless claims rose by 2,000 to 230,000 for the week of Sept. 7, 2024; four-week average of claims increased by 500 to 230,750; total Americans collecting jobless benefits rose by 5,000 to approximately 1.85 million for the week of Aug. 31; claims averaged 213,000 per week in the first four months of 2024; claims hit 250,000 in late July; employers added 142,000 jobs in August, up from 89,000 in July; revised report shows U.S. economy added 818,000 fewer jobs from April 2023 to March 2024; Fed raised interest rates 11 times in 2022 and 2023 to combat inflation; inflation nearing Fed's 2% target; analysts expect a quarter-point rate cut at next Fed meeting.
#Unemployment #JobMarket #Economy #InterestRates #Inflation #LaborDepartment #JoblessClaims #Employment #FederalReserve #EconomicTrends
https://abcnews.go.com/Business/wireStory/us-filings-unemployment-benefits-inch-slightly-remain-historically-113617788

2024-09-11 03:50:03

- reply

#note12cg…yzm5

2024-09-11 03:49:52

Fact-checking Kamala Harris and Donald Trump's 1st presidential debate
==========
The first presidential debate of the 2024 election took place on September 10, 2024, at Philadelphia's National Constitution Center, hosted by ABC News; Vice President Kamala Harris and former President Donald Trump were the participants; Harris claimed 16 Nobel laureates warned Trump's plan could increase inflation, which was mostly true; she also stated Trump proposed a 20% tax on goods, which is true but needs context; Trump claimed inflation is at its worst in history, which is false; Harris said Trump left the worst unemployment since the Great Depression, which needs context; Trump killed a bipartisan border security bill, which is true; Trump falsely claimed Haitian migrants were eating pets in Ohio; Harris claimed Trump intends to implement Project 2025, which needs context; Trump said he would not sign a national abortion ban, contradicting Harris's claim; Trump falsely stated no one was fired over the Afghanistan withdrawal; Harris's claim about Trump's fracking stance needs context; Trump claimed he offered 10,000 National Guard troops for January 6, which is false; Harris's claim about Trump's immunity from prosecution is partly true; Trump's claim about the Nord Stream 2 pipeline is mostly false; Harris's assertion about Trump's Taliban deal needs context; Trump's claims about abortion laws and the 2020 election loss are false; Trump's assertion about military equipment left in Afghanistan is false; Harris's claim about Trump's Central Park 5 ad is true; Trump's claim about love letters to Kim Jong Un is false; Harris's claim about clean energy investments needs context; Trump's comments about an assassination attempt are false; Trump's statement about Ashli Babbitt's shooting is misleading.
#Debate #Factcheck #Harris #Trump #2024Election #Politics #Economy #Immigration #Abortion #Afghanistan
https://abcnews.go.com/Politics/fact-checking-kamala-harris-donald-trumps-1st-presidential/story?id=113567997

2024-09-02 14:43:43

- reply

#note1kh3…j8rt

2024-09-02 14:43:31

Harris set to oppose sale of US Steel to a Japanese firm during joint Pennsylvania event with Biden
==========
Vice President Kamala Harris plans to oppose the sale of U.S. Steel to Nippon Steel during a joint campaign event with President Joe Biden in Pittsburgh on September 2, 2024; both leaders emphasize the importance of maintaining domestic ownership of U.S. Steel; Harris aims to appeal to American steel workers and voters in Pennsylvania, a critical swing state; this event marks their first joint campaign appearance since Biden's endorsement of Harris in July; Harris has positioned herself as a new leader while supporting Biden's policies; she has promised to address inflation and housing shortages; the pair will also attend Pittsburgh's Labor Day parade, part of their campaign blitz ahead of the November elections; Harris will debate Donald Trump on September 10, 2024.
#KamalaHarris #JoeBiden #UsSteel #NipponSteel #Pennsylvania #LaborDay #2024Election #Campaign #Politics #SteelIndustry
https://abcnews.go.com/US/wireStory/harris-biden-boost-pennsylvania-set-attend-labor-day-113318294

2024-08-29 18:54:21

- reply

#note15hq…twf9

2024-08-29 18:54:09

US applications for unemployment benefits rise, still at historically healthy levels
==========
Jobless claims rose by 4,000 to 232,000 for the week of Aug. 17, 2024; four-week average of claims decreased by 750 to 236,000; 1.86 million Americans collected jobless benefits for the week ending Aug. 10; claims averaged 213,000 a week from January to May; claims hit 250,000 in late July; Federal Reserve raised interest rates 11 times in 2022 and 2023 to a 23-year high; inflation decreased from over 9% in June 2022 to 2.9% last month; employers added 114,000 jobs in July, below the average of 218,000; unemployment rate rose to 4.3%; Labor Department revised job growth down by 818,000 from April 2023 to March 2024; job openings fell from 12.2 million in March 2022 to 8.2 million in June 2024; Fed expected to cut rates in September.
#Unemployment #JoblessClaims #Economy #Inflation #FederalReserve #InterestRates #JobMarket #Employment #Biden #Harris
https://abcnews.go.com/Business/wireStory/us-applications-unemployment-benefits-inch-remain-historically-healthy-113055643

2024-08-16 05:05:07

- reply

#note1ehs…mr8g

2024-08-16 05:04:56

Japan stocks lift Asian market higher after US retail data boost Wall Street
==========
Japanese stocks led gains in Asian markets after Wall Street rallied to one of its best days of the year; The Nikkei 225 surged 2.9% to 37,800.42; The Hang Seng in Hong Kong added 1.6% to 17,376.44; The Shanghai Composite index edged 0.1% higher to 2,879.93; The S&P 500 jumped 1.6% for its fourth-best day of the year; The Dow Jones Industrial Average rose 1.4%; The Nasdaq composite burst 2.3% higher; U.S. shoppers increased their spending at retailers last month by much more than economists expected; The 10-year Treasury yield climbed up to 3.91% from 3.84%; The two-year Treasury yield jumped to 4.09% from 3.96%; Traders widely expect the Federal Reserve to cut its main interest rate at its next meeting in September
#Japan #AsianMarkets #WallStreet #Nikkei225 #HangSeng #ShanghaiComposite #S&p500 #DowJonesIndustrialAverage #Nasdaq #UsRetailData #TreasuryYield #FederalReserve
https://abcnews.go.com/US/wireStory/japan-stocks-lift-asian-market-higher-after-us-112884334

2024-08-15 21:27:07

How major US stock indexes fared Thursday, 8/15/2024
==========
Wall Street rallied closer to its record highs following signs that the U.S. economy is holding up better than expected; The S&P 500 jumped 1.6% Thursday, marking its sixth gain in a row; The Dow Jones Industrial Average jumped 1.4%, and the Nasdaq composite added 2.3%; Treasury yields leaped in the bond market following reports of increased spending at retailers and fewer workers applying for unemployment benefits; Walmart rose sharply after raising its sales forecast; The S&P 500 rose 88.01 points, or 1.6%, to 5,543.22; The Dow Jones Industrial Average rose 554.67 points, or 1.4%, to 40,563.06; The Nasdaq composite rose 401.89 points, or 2.3%, to 17,594.50; The Russell 2000 index of smaller companies rose 51.15 points, or 2.5%, to 2,135.47; For the week, the S&P 500 is up 199.06 points, or 3.7%; The Dow is up 1,065.52 points, or 2.7%; The Nasdaq is up 849.19 points, or 5.1%; The Russell 2000 is up 54.55 points, or 2.6%; For the year, the S&P 500 is up 773.39 points, or 16.2%; The Dow is up 2,873.52 points, or 7.6%; The Nasdaq is up 2,583.14 points, or 17.2%; The Russell 2000 is up 108.40 points, or 5.3%
https://abcnews.go.com/Business/wireStory/major-us-stock-indexes-fared-thursday-8152024-112875057

2024-08-09 21:01:47

How major US stock indexes fared Friday, 8/9/2024
==========
The S&P 500 rose 0.5% on Friday, with a weekly loss of less than 0.1%. The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite added 0.5%. Expedia Group reported stronger-than-expected profits. The S&P 500 closed at 5,344.16, the Dow Jones Industrial Average closed at 39,497.54, and the Nasdaq composite closed at 16,745.30. The Russell 2000 index fell 0.2% to 2,080.92. For the week, the S&P 500 is down less than 0.1%, the Dow is down 0.6%, the Nasdaq is down 0.2%, and the Russell 2000 is down 1.3%. For the year, the S&P 500 is up 12%, the Dow is up 4.8%, the Nasdaq is up 11.6%, and the Russell 2000 is up 2.7%.
#UsStockMarket #S&p500 #DowJonesIndustrialAverage #NasdaqComposite #ExpediaGroup #Russell2000
https://abcnews.go.com/Business/wireStory/major-us-stock-indexes-fared-friday-892024-112724434

2024-08-07 17:10:35

- reply

#note1uak…0sf5

2024-08-07 17:10:24

What does the economic slowdown mean for the election?
==========
The recent stock market downturn and economic slowdown have raised concerns about the impact on the upcoming US presidential election between Vice President Kamala Harris and former President Donald Trump. Experts believe that a mild economic cooldown or market turmoil in August will not significantly affect the election outcome. However, a severe economic downturn could damage Harris's prospects. The disappointing jobs report and rising unemployment rate have triggered recession indicators, but the labor market is still growing and the GDP is solid. The Federal Reserve may cut interest rates to mitigate the economic cooldown. The election forecast remains largely unchanged, with Harris in a virtual tie with Trump. It would take a severe economic downturn over the coming months to change the election outlook. Goldman Sachs economists have raised the probability of a US recession in the next year. Overall, economic performance could still shift the election prospects, but it is unlikely to change significantly.
#UsEconomy #EconomicSlowdown #PresidentialElection #KamalaHarris #DonaldTrump #StockMarket #JobsReport #UnemploymentRate #Gdp #FederalReserve #InterestRates #Recession #EconomicForecast
https://abcnews.go.com/Business/economic-slowdown-election/story?id=112637665

2024-08-05 20:19:26

The US economy has defied recession forecasts for years. Is this time different?
==========
A global stock sell-off on Monday sparked concerns of a possible economic downturn; Japan's Nikkei 225 stock index dropped more than 12%, its worst day of trading since 1987; Major US stock indexes plummeted more than 2%; Nvidia, a chipmaker, dropped as much as 14% before recovering some losses; Economists disagree on whether current economic conditions warrant serious concern about a possible recession or foretell resilience; Some analysts voice optimism, pointing to continued economic growth and a tendency for markets to overreact; Others caution of a monthslong labor market cooldown indicating wider economic weakness and a potential downturn; The disappointing jobs report on Friday triggered the stock market downswing; The unemployment rate climbed to 4.3%, the highest level since October 2021; Some economists doubt whether the rising unemployment rate signals a recession, attributing it to an increase in eligible workers rather than layoffs; Nancy Lazar, chief global economist at Piper Sandler, believes the uptick in the unemployment rate indicates a recession will take place before the end of the year; Goldman Sachs economists raised the probability of a US recession in the next year from 15% to 25%; The market downturn has triggered calls for a large interest rate cut at the Fed's next meeting in September; Economists believe an interest rate cut would not help the economy avoid an imminent recession; Market swings can bring about a recession due to overreactions and self-reinforcing feedback loops.
#UsEconomy #Recession #StockMarket #JobsReport
https://abcnews.go.com/Business/recession-fears-loom-economy-time/story?id=112588104

2024-08-05 05:06:41

- reply

#note1upx…rzy6

2024-08-05 05:06:30

Japan's Nikkei 225 share benchmark plunges nearly 8% as worries over the U.S. economy trigger sell-offs in world markets
==========
Japan's Nikkei 225 share benchmark plunges nearly 8% as worries over the U.S. economy trigger sell-offs in world markets; The sell-offs are a result of concerns about the U.S. economy; The Nikkei 225 share benchmark in Japan drops by almost 8%; The drop in the Nikkei 225 is due to worries over the U.S. economy; The sell-offs in world markets are triggered by concerns about the U.S. economy
https://abcnews.go.com/US/wireStory/japans-nikkei-225-share-benchmark-plunges-8-worries-112568507

2024-08-05 05:06:07

Japan's Nikkei 225 index plunges 8% as world markets tremble over risks to the US economy
==========
Japan's benchmark Nikkei 225 stock index has fallen as much as 8.1%; The market's broader TOPIX index also fell 8%; The Nikkei 225 dropped 5.8% on Friday and it is headed for its worst two-day decline ever; Share prices have fallen in Tokyo since the Bank of Japan raised its benchmark interest rate on Wednesday; The dollar was trading at 143.07 yen, down from 146.45 late Friday; South Korea's Kospi plummeted 6.5% as Samsung's shares sank 7.7%; Taiwan's Taiex crumbled, losing 7.4% as Taiwan Semiconductor Manufacturing Co., the world's biggest chip maker, dropped 8%; The future for the S&P 500 was 1.5% lower and that for the Dow Jones Industrial Average was down 0.7%; The VIX, an index that measures how worried investors are about upcoming drops for the S&P 500, fell about 26% as of early Monday; Bitcoin was down 14% at $54,155.00; U.S. benchmark crude oil gained 9 cents to $73.61 per barrel while Brent crude was flat at $76.81 per barrel; Hong Kong's Hang Seng index lost 0.2% to 16,908.96 and the S&P/ASX 200 in Australia declined 12.8% to 7,722.60; The Shanghai Composite index edged 0.1% higher; The S&P 500's 1.8% decline Friday was its first back-to-back loss of at least 1% since April; The Dow Jones Industrial Average dropped 1.5%, and the Nasdaq composite fell 2.4%; The Nasdaq composite is 10% below its record set last month; The Federal Reserve may have kept its main interest rate at a two-decade high for too long, raising risks of a recession in the world's largest economy
#Japan #Nikkei225 #StockMarket #Selloffs #UsEconomy #BankOfJapan #InterestRate #Tokyo #SouthKorea #Kospi #Samsung #Taiwan #Taiex #TaiwanSemiconductorManufacturingCo #ChipMaker #S&p500 #DowJonesIndustrialAverage #Vix #Bitcoin #CrudeOil #HangSengIndex #S&p/asx200 #ShanghaiCompositeIndex #FederalReserve #Recession
https://abcnews.go.com/US/wireStory/japans-nikkei-225-index-plunges-7-global-sell-112566489

2024-08-05 01:39:24

Japan's benchmark Nikkei 225 stock index drops nearly 5%, extending sell-offs stoked by worries over the US economy
==========
Japan's benchmark Nikkei 225 stock index drops nearly 5% due to worries over the US economy; sell-offs continue; concerns about the US economy stoke the sell-offs
https://abcnews.go.com/US/wireStory/japans-benchmark-nikkei-225-stock-index-drops-5-112566485

2024-08-02 21:05:34

- reply

#note1jwj…tcxq

2024-08-02 21:05:23

Stocks fall sharply as worries mount about weakening US economy. Dow drops 600, Nasdaq closes 10% below July high (CORRECTS: A previous APNewsAlert erroneously reported the Nasdaq's most recent high occurred in June})
==========
Stocks fall sharply as worries mount about weakening US economy; Dow drops 600, Nasdaq closes 10% below July high; Nasdaq's most recent high occurred in July; Trump's comments on Jewish Democrats and second gentleman Doug Emhoff spark criticism; Former Olympic champion Marion Jones reflects on her conviction and looks to the future; Trump lashes out at Biden over historic prisoner exchange that freed Paul Whelan and Evan Gershkovich; IT outages reported across the globe
#StockMarket #UsEconomy #Dow #Nasdaq #Trump #JewishDemocrats #DougEmhoff #MarionJones #PrisonerExchange #PaulWhelan #EvanGershkovich #ItOutages
https://abcnews.go.com/US/wireStory/stocks-fall-sharply-worries-mount-weakening-us-economy-112524126

2024-07-30 10:08:04

- reply

#note1hge…940u

2024-07-30 10:07:52

Eurozone economy grew modestly by 0.3% in the second quarter as Germany shrank, highlighting growth gap with U.S.
==========
The Eurozone economy grew by 0.3% in the second quarter, while Germany experienced a contraction; this highlights the growth gap between the Eurozone and the U.S.
#Eurozone #Germany #Us #EconomicGrowth
https://abcnews.go.com/US/wireStory/eurozone-economy-grew-modestly-03-quarter-germany-shrank-112393071

2024-07-25 21:25:44

- reply

#note1xvq…6gwd

2024-07-25 21:25:32

How major US stock indexes fared Thursday, 7/25/2024
==========
Smaller stocks and other formerly unloved areas of the market rose up while Big Tech stocks gave back gains; The S&P 500 fell 0.5% after a healthy gain from earlier in the day evaporated; The Dow Jones Industrial Average rose 0.2%; The Nasdaq composite lost 0.9%; The Russell 2000 index of smaller companies rose 1.3%; For the week, the S&P 500 is down 1.9%, the Dow is down 0.9%, the Nasdaq is down 3.1%, and the Russell 2000 is up 1.8%; For the year, the S&P 500 is up 13.2%, the Dow is up 6%, the Nasdaq is up 14.5%, and the Russell 2000 is up 9.7%
https://abcnews.go.com/Business/wireStory/major-us-stock-indexes-fared-thursday-7252024-112284350

2024-07-25 13:10:18

- reply

#note1xec…h0ge

2024-07-25 13:10:07

US economy grew much faster than expected in 2nd quarter
==========
The U.S. economy grew at a 2.8% annualized rate over three months ending in June, doubling the rate of growth from the previous quarter. The data could complicate the path toward an expected interest rate cut from the Federal Reserve in September. Inflation has slowed, but remains higher than the Fed's target rate. If the Fed cuts interest rates while the economy is heating up, it risks rekindling rapid price increases. The chances of an interest rate cut in September stand at more than 80% according to market sentiment.
#UsEconomy #GdpGrowth #FederalReserve #Inflation #InterestRates
https://abcnews.go.com/Business/us-economy-grew-faster-expected-2nd-quarter/story?id=112263048

2024-07-22 22:59:44

- reply

#note1348…8eqc

2024-07-22 22:59:33

What we heard about the economy, immigration and foreign policy at the RNC
==========
The Republican National Convention (RNC) focused on Trump's strengths with voters, highlighting the economy, immigration, and foreign policy. Voters trust Republicans and former President Donald Trump on the economy, immigration, and foreign policy, while they trust Democrats and President Joe Biden more on abortion, healthcare, protecting democracy, and uniting the country. The RNC speeches were organized around Trump's platform of making America "wealthy," "safe," and "strong." Republicans emphasized concerns about the cost of living, inflation, and high prices, with many speakers mentioning inflation and its impact on families. Immigration was a key issue, with speakers criticizing Biden's handling of the issue and connecting it to crime and the drug overdose crisis. Foreign policy was also discussed, with speakers highlighting Trump's strong stance and criticizing Biden's policies on Russia, Ukraine, Israel, Palestine, Iran, and China. The RNC maintained message discipline and reinforced the same themes throughout the event, tying them to the issues where they have an advantage with voters.
#Rnc #RepublicanParty #DonaldTrump #JoeBiden #Economy #Immigration #ForeignPolicy
https://abcnews.go.com/538/heard-economy-immigration-foreign-policy-rnc/story?id=112179494

2024-07-22 16:49:42

- reply

#note1ppt…3rjz

2024-07-22 16:49:31

Who will replace Joe Biden as presidential nominee? Kamala Harris does best against Trump in polls
==========
Kamala Harris is seen as a likely top contender to replace Joe Biden as the Democratic nominee for president. Biden endorsed Harris for the Democratic nominee. In a potential matchup between Harris and former President Donald Trump, they were nearly tied in polls. Other potential successors include Gretchen Whitmer, Gavin Newsom, Andy Beshear, J.B. Pritzker, Pete Buttigieg, and Michelle Obama. Whitmer, Newsom, and Buttigieg were also polled against Trump with varying results. Harris has been campaigning for Biden and expressed confidence in defeating Trump. Whitmer defended Biden's debate performance and criticized Trump. Newsom praised Biden's leadership. Beshear thanked Biden for his leadership. Pritzker has been a vocal Biden surrogate. Buttigieg supported Biden in the 2020 campaign. Michelle Obama has repeatedly stated she has no interest in running for president. In a poll, she led Trump by a significant margin.
#JoeBiden #KamalaHarris #DonaldTrump #GretchenWhitmer #GavinNewsom #AndyBeshear #JbPritzker #PeteButtigieg #MichelleObama
https://abcnews.go.com/Politics/biden-drops-replace-harris-trump-polls/story?id=111648515

2024-07-19 23:59:21

- reply

#note1kfs…8mw8

2024-07-19 23:59:10

American Airlines has a contract deal with flight attendants, and President Biden is happy about it
==========
American Airlines and the union representing its flight attendants have reached an agreement on a new contract, which includes pay raises. The deal covers 28,000 workers and is pending a union ratification vote. The Association of Professional Flight Attendants had previously rejected an American offer, but this new deal will put billions of additional dollars into compensation and work rules for the flight attendants. President Biden praised the agreement, stating that it avoids a strike that would have hurt the U.S. economy and consumers. The federal law covering the airline industry makes a strike nearly impossible unless federal mediators determine that more negotiations would be pointless. Biden highlighted the importance of strong unions and stated that when unions are strong, the nation is strong.
#AmericanAirlines #FlightAttendants #ContractDeal #PayRaises #Union #RatificationVote #Strike #UsEconomy #Consumers #AssociationOfProfessionalFlightAttendants #Compensation #WorkRules #PresidentBiden #FederalLaw #FederalMediators #Unions
https://abcnews.go.com/US/wireStory/american-airlines-contract-deal-flight-attendants-president-biden-112117148

2024-07-19 19:10:19

- reply

#note1jlw…p6ad

2024-07-19 19:10:08

At Trump's GOP convention, there’s little to be heard on health care
==========
Health care issues received little attention at the Republican National Convention where Donald Trump was nominated as the party's 2024 presidential candidate. In 2016, the GOP focused on repealing the Affordable Care Act and overturning Roe v. Wade, but the change in tone reflects Trump's political sensitivities. The GOP's 2024 platform promises not to cut Social Security or Medicare and vows to protect Medicare and find cures for Alzheimer's disease and cancer. The convention speakers instead focused on inflation, crime, and immigration. The GOP platform also stripped federal limits on abortion and supports state-level elections on abortion policy. Vaccine skepticism has grown in the Republican Party, with only 36% of Republicans saying they're confident in the safety of COVID-19 vaccines.
#RepublicanNationalConvention #DonaldTrump #HealthCare #AffordableCareAct #RoeVWade #Medicare #SocialSecurity #Inflation #Crime #Immigration #Abortion #VaccineSkepticism
https://abcnews.go.com/Health/trumps-gop-convention-heard-health-care/story?id=112102972

2024-07-19 12:18:07

- reply

#note12w4…l8tr

2024-07-19 12:17:55

Fact-checking Donald Trump's RNC speech on immigration, the economy, world affairs and more
==========
Former President Donald Trump closed out the final night of the 2024 Republican National Convention with a 92-minute speech that addressed a host of issues on Americans' minds; Trump claimed there was "a massive invasion at our southern border that has spread misery, crime, poverty, disease and destruction to communities all across our land," which is false as there is no evidence of a major surge in crime caused by recent arrivals and crime is down across the country overall; Trump also claimed he would end the immigration crisis "by closing our border and finishing the wall, most of which I have already built," which is false as he had actually implemented roughly 450 miles of barriers, much of which was just upgrading existing barriers that already existed; Trump argued dangerous criminals "are coming from prisons and jails, from mental institutions and insane asylums, and terrorists at levels never seen before," which needs context as he was likely referring to the latest statistics released by Immigration and Customs Enforcement; Trump said his administration "ended all catch-and-release," which is false as migrants were more likely to be "released" through this process under Trump compared to Biden; Trump claimed the tax legislation passed during his presidency was the largest tax cut ever, which needs more explanation as it was the fourth-largest since 1940 in inflation-adjusted dollars and ranked seventh as a percentage of GDP; Trump said the U.S. had the best economy in the history of our country, "no inflation" and soaring incomes, which is false as unemployment rates matched or exceeded those levels under Joe Biden, GDP growth under Trump was well below that of previous presidents, wage growth increased but did not soar, and inflation was not zero but low; Trump said he would reverse government regulations to encourage the development of electric vehicles, saying he’d be "saving the U.S. auto industry from complete obliteration, which is happening right now," which is false as employment in auto and parts manufacturing had risen by 127,800 jobs through December 2023 under Biden's presidency; Trump claimed credit for the war and defeating ISIS, the great economy, the biggest tax cuts ever, the biggest regulation cuts ever, the creation of Space Force, and the rebuilding of the military, which needs context as he rightly gets credit for shrinking the territory ISIS controlled but it’s wrong to say ISIS was or is defeated; Trump claimed the U.S. left behind $85 billion worth of military equipment in Afghanistan, which is false as the United States spent $88.6 billion in Afghanistan providing security assistance over the course of two decades, and only a fraction of it was for hardware; Trump claimed he's leading in Nevada by 14 points, which is false as he leads Biden by only 6 points in the Silver State; Trump said, "We’ve had the worst inflation we’ve ever had under this person [Biden]," which is false as the overall rate is nowhere near a record; Trump said of Biden's administration, "This is the only administration that said we're going to raise your taxes by four times what you're paying now," which is false as Biden proposes a tax increase of roughly 7% over the next decade, not 300%, and about 83% of the proposed Biden tax increase would be borne by the top 1% of taxpayers.
https://abcnews.go.com/Politics/fact-checking-donald-trumps-rnc-speech-immigration-economy/story?id=112091019

2024-07-17 00:50:29

- reply

#note1x9c…ntwd

2024-07-17 00:50:18

Amazon Prime Day 2024: Shop top picks and discounts in tech, home and more
==========
Amazon Prime Day 2024 is running from July 16-17, featuring discounts on tech, gadgets, styles, beauty brands, and home essentials. Prime members get exclusive access to deals on Amazon Echo, Fire TV, and Kindle devices. ABC News is curating noteworthy deals, including flash deals, steep discounts, and products seen on their shows. Some featured deals include a 35% discount on an Anker portable charger, a 55% discount on a Matein travel laptop backpack, a $180 discount on the Dyson V15 Detect Plus Cordless Vacuum, and a 57% discount on the Arcade1Up Mortal Kombat Head-to-Head Arcade Table. ABC News may receive a commission for purchases made through their shopping links.
#AmazonPrimeDay #Shopping #Discounts #Tech #Home #Anker #Matein #Dyson #Arcade1up
https://abcnews.go.com/Shop/live-updates/best-amazon-prime-day-deals-2024/?id=111957386

2024-07-15 03:13:44

- reply

#note1h06…vhhq

2024-07-15 03:13:31

China reports its economy slowed in the last quarter, expanding 4.7% in annual terms
==========
China's economy expanded 4.7% in annual terms in the last quarter, indicating a slowdown. The report was released by China. The slowdown in the economy is a significant development. The news was reported by ABC News on July 14, 2024, at 10:10 PM. The article provides no additional information about the topic.
https://abcnews.go.com/US/wireStory/china-reports-economy-slowed-quarter-expanding-47-annual-111941094

2024-07-14 19:17:47

Trump shooting live updates: No motive known, Biden to give Oval Office address Sunday night
==========
Former President Donald Trump was shot in an assassination attempt at an election rally in Butler, Pennsylvania. Secret Service agents swarmed Trump and led him off the stage to a waiting vehicle. Trump is 'fine,' a spokesperson said. The alleged shooter is dead. One spectator was killed and two were hurt. President Joe Biden had a conversation with Trump and urged the public to not make assumptions about the motive. Biden directed the FBI to conduct a thorough investigation. Biden extended condolences to the family of the killed rallygoer and said he will speak from the Oval Office at 8 p.m. ET on Sunday. Trump will leave for Milwaukee for the Republican National Convention on Sunday afternoon. The firearm used in the shooting was legally purchased by the suspect's father. The shooter had no military affiliation. Explosives were found in the suspect's car. Biden is rescheduling his trip to Texas and will deliver remarks to the nation at 1:30 p.m. ET on Sunday.
#DonaldTrump #JoeBiden #Shooting #AssassinationAttempt #SecretService #Investigation #RepublicanNationalConvention
https://abcnews.go.com/Politics/live-updates/donald-trump-rally-shooting-assassination-attempt/?id=111916828

2024-07-14 10:20:31

Global leaders condemn Donald Trump's assassination attempt
==========
Global leaders have expressed concern over an assassination attempt targeting former U.S. President Donald Trump at a rally in Pennsylvania that left one attendee dead and critically injured two others. The shooting pierced the upper part of Trump's right ear, but his campaign said he was doing 'fine'. The Secret Service killed the suspected shooter who attacked from an elevated position outside the rally venue. Leaders from around the world, including Albania, Australia, Austria, Brazil, Canada, China, Czech Republic, Egypt, El Salvador, Estonia, France, Germany, Hungary, India, Iraq, Israel, Italy, Japan, Kosovo, Latvia, Lithuania, Mexico, Norway, Pakistan, Russia, South Korea, Slovakia, Sweden, Taiwan, Turkey, Ukraine, and the United Kingdom, condemned the attack and expressed their wishes for Trump's recovery. Many leaders emphasized the importance of peaceful political discourse and condemned political violence. Russian foreign ministry spokeswoman suggested that American lawmakers should use the money allocated for supplying weapons to Ukraine to finance the American police. The article was published on July 14, 2024, at 3:25 AM by ABC News.
#DonaldTrump #AssassinationAttempt #GlobalLeaders #Condemnation #Violence
https://abcnews.go.com/US/wireStory/global-leaders-condemn-donald-trumps-assassination-attempt-111923641

2024-07-11 18:30:34

Pennsylvania Supreme Court justice in courtroom for brother's federal sentencing for theft, bribery
==========
John Dougherty, a former Philadelphia labor leader, is being sentenced for bribing a City Council member and stealing nearly $600,000 from the union he ran. His brother, Pennsylvania Supreme Court Justice Kevin Dougherty, was present in the courtroom. Dougherty was convicted in December of embezzlement, conspiracy, and other counts. He used the electricians' union as his personal bank account and source of jobs for family and friends. Prosecutors argued for a lengthy prison term, while Dougherty's supporters testified about his charitable works and union advocacy. The sentencing is expected to be handed down later today.
#PennsylvaniaSupremeCourt #JohnDougherty #KevinDougherty #Bribery #Theft #Union #Sentencing
https://abcnews.go.com/US/wireStory/pennsylvania-supreme-court-justice-courtroom-brothers-federal-sentencing-111853414

2024-07-11 15:37:26

Joe Jonas says new solo single 'Work It Out' brought him 'happiness & peace'
==========
Joe Jonas announced that his new solo single, 'Work It Out,' will be released on Friday, July 19. He expressed excitement and gratitude to collaborate with his favorite musicians and creators. Jonas has previously released solo music with his 2011 album 'Fastlife' and as part of the group DNCE. The single's artwork features Jonas wearing jeans and a denim jacket over a red T-shirt against a blue sky background. He hopes listeners find as much happiness and peace as he does when they listen to his songs.
#JoeJonas #SoloSingle #Music #Happiness #Peace
https://abcnews.go.com/GMA/Culture/joe-jonas-new-solo-single-work-it-out-happiness-peace/story?id=111842432

2024-06-22 14:46:13

Video Boeing Starliner astronaut's return home delayed
==========
The return of the Boeing Starliner astronaut has been postponed for a fourth time. NASA wants more time to review test data after helium leaks and thruster issues. The delay was announced on June 22, 2024.
https://abcnews.go.com/GMA/News/video/boeing-starliner-astronauts-return-home-delayed-111335846

2024-06-14 19:44:06

Justice Department won't prosecute Garland for contempt, says refusal to provide audio wasn't crime
==========
Attorney General Merrick Garland will not be prosecuted for contempt of Congress after refusing to turn over audio of President Joe Biden’s interview in his classified documents case because his actions “did not constitute a crime." The Justice Department cited the department's longstanding policy not to prosecute officials who don’t comply with subpoenas because of a president’s claim of executive privilege. The decision comes after the House voted to hold Garland in contempt of Congress. The Justice Department only turned over some of the records, leaving out audio of the interview with the president. Garland is the third attorney general to be held in contempt of Congress. The last attorney general held in contempt was Bill Barr in 2019. The special counsel in Biden’s case, Robert Hur, found insufficient evidence to successfully prosecute a case in court.
#MerrickGarland #JoeBiden #Congress #JusticeDepartment #Contempt #ExecutivePrivilege
https://abcnews.go.com/US/wireStory/justice-department-prosecute-garland-contempt-refusal-provide-audio-111134793

2024-05-24 10:15:52

The Biden administration is releasing gasoline reserves. Will it lower prices at the pump?
==========
The Biden administration is releasing 1 million barrels of gasoline from a Northeast reserve in an effort to reduce prices at the pump during the summer driving season. The gasoline will be sold in 100,000-barrel tranches over a six-week period between Memorial Day and July 4. Experts believe that while the release may result in a modest reduction in prices for drivers in the mid-Atlantic and Northeast, it will have little effect nationwide. The national average price for a gallon of unleaded regular gas is currently $3.61, which is a slight increase from a year ago. The release of gasoline reserves is unlikely to help regions like the West Coast where drivers are experiencing the highest prices due to a lack of pipeline capacity. The Northeast Gasoline Supply Reserve was established in the mid-2010s after Superstorm Sandy, and the decision to empty the reserve comes after Congress called for its closure. The Biden administration sees this release as part of its effort to lower energy prices for American consumers. Rising gas prices can negatively impact a president's approval rating, as each 10-cent increase in gas prices is associated with a decline in presidential approval.
#GasolineReserves #GasPrices #BidenAdministration #EnergyPrices #SummerDrivingSeason
https://abcnews.go.com/Business/biden-administration-releasing-gasoline-reserves-lower-prices-pump/story?id=110496772

2024-04-24 03:27:23

FTC bans noncompete agreements for many Americans but legal battle looms that would delay change
==========
The Federal Trade Commission (FTC) has voted to ban noncompete agreements, which could affect up to 30 million Americans. The ban, approved 3-2, aims to give workers the freedom to pursue new jobs, start businesses, or bring new ideas to market. Noncompete agreements are clauses in employment contracts that restrict employees from working for rival companies within a certain geographic area or time frame. The FTC rule will take effect in 120 days, but a legal battle is expected to delay its implementation. Pro-business groups, including the U.S. Chamber of Commerce, have opposed the ban and plan to sue the FTC. The AFL-CIO, the largest union organization in the U.S., supports the ban, stating that noncompete agreements trap workers, drive down wages, and stifle competition. The ban would apply to all workers entering new employment agreements, while existing agreements would become unenforceable. There is an exception for senior executives earning more than $151,164 per year. The FTC estimates that the ban could increase workers' combined wages by up to $488 billion over the next decade.
#Ftc #NoncompeteAgreements #EmploymentContracts #Workers #LegalBattle #UsChamberOfCommerce #Aflcio
https://abcnews.go.com/Politics/ftc-bans-noncompete-agreements-americans-legal-battle-looms/story?id=109546974

2024-04-23 18:34:47

In race for his Senate seat, Joe Manchin endorses West Virginia Democratic Mayor Glenn Elliott
==========
Outgoing U.S. Sen. Joe Manchin has endorsed Wheeling Mayor Glenn Elliott in the Democratic primary race for his seat representing West Virginia. Manchin praised Elliott's record of creating jobs, lowering crime rates, and revitalizing downtown Wheeling. Manchin announced he would not run for reelection in 2024. Elliott, a lawyer and former legislative assistant to U.S. Sen. Robert Byrd, is running against Marine Corps veteran Zach Shrewsbury and ex-coal executive Don Blankenship for the Democratic nomination. The Democratic nominee will face either Republican Gov. Jim Justice or U.S. Rep. Alex Mooney in the general election. Elliott supports much of what President Joe Biden has done during his administration and believes that Washington often disregards West Virginians. Manchin was first elected to the Senate seat in 2010.
#JoeManchin #GlennElliott #WestVirginia #DemocraticPrimary #SenateSeat #Endorsement
https://abcnews.go.com/Politics/wireStory/race-senate-seat-joe-manchin-endorses-west-virginia-109487952

2024-04-23 18:30:22

Modi is accused of using hate speech for calling Muslims 'infiltrators' at an Indian election rally
==========
India's main opposition party, the Congress party, has accused Prime Minister Narendra Modi of using hate speech after he called Muslims 'infiltrators' at a campaign rally in the state of Rajasthan. The remarks drew criticism for peddling anti-Muslim tropes, and the Congress party filed a complaint with the Election Commission of India, alleging that Modi broke rules that bar candidates from aggravating religious tensions. Critics argue that India's tradition of diversity and secularism has come under attack since Modi's Bharatiya Janata Party (BJP) came to power, accusing the party of fostering religious intolerance and violence. The BJP denies these accusations and claims that its policies benefit all Indians. The election results are expected to be announced on June 4. Modi's comments referred to a 2006 statement by then-Prime Minister Manmohan Singh of the Congress party, in which Singh said that India's disadvantaged groups, including the Muslim minority, deserved to share in the country's development equally. The Congress party also accused Modi and the BJP of repeatedly using religion and religious symbols in their election campaign, and called for action from the election commission. Modi's BJP has previously referred to Muslims as infiltrators and has made laws restricting interfaith marriage. Critics argue that Modi's silence on hate speech has emboldened his extreme supporters and enabled more hate speech against Muslims.
#India #NarendraModi #Muslims #HateSpeech #ElectionRally #CongressParty #Bjp #ReligiousTensions
https://abcnews.go.com/International/wireStory/indian-opposition-accuses-modi-hate-speech-after-calls-109522276

2024-04-23 17:44:56

Pennsylvania's primary will cement Casey, McCormick as nominees in a battleground US Senate race
==========
Pennsylvania's primaries will determine the nominees for the high-stakes U.S. Senate race between Democratic Sen. Bob Casey and Republican challenger David McCormick. The race is expected to cost hundreds of millions of dollars and could help decide control of the Senate next year. Casey, seeking his fourth term, is a prominent figure in Pennsylvania's Democratic Party, while McCormick is a former hedge fund CEO who narrowly lost in the 2022 GOP primary. McCormick has consolidated party support and is backed by a super PAC that has raised over $20 million. The candidates have different positions on issues such as abortion rights, immigration, and national security. Democrats currently hold a narrow Senate majority and face a challenging 2024 Senate map. Pennsylvania's primary will also decide nominees for other statewide offices and congressional seats.
#Pennsylvania #Primary #UsSenateRace #BobCasey #DavidMccormick #DemocraticParty #RepublicanParty #SuperPac #AbortionRights #Immigration #NationalSecurity #SenateMajority #CongressionalSeats
https://abcnews.go.com/Politics/wireStory/pennsylvanias-primary-cement-casey-mccormick-nominees-battleground-us-109520195

2024-04-21 19:23:07

Congress gets closer to forcing TikTok to be sold or face US ban: What's next
==========
The House of Representatives passed a $95 billion foreign aid package that includes legislation to force a sale of TikTok by its Chinese parent company, ByteDance. If the measure becomes law and the sale doesn't occur within a year, the app would be banned in the US. The Senate plans to take up the foreign aid package next week. TikTok has defended its data management and says it is not owned or controlled by any government or state entity. The TikTok measure could still be stripped out of the foreign aid legislation in the Senate. China has indicated it would oppose a forced sale of the app's technology. Many TikTokers oppose the legislation and have held demonstrations and signed open letters to President Joe Biden.
#Tiktok #UsBan #ForcedSale #Bytedance #DataManagement #ChineseGovernment
https://abcnews.go.com/Politics/tiktok-ban-senate-pass-legislation/story?id=109476142

2024-04-20 14:26:00

Biden avoids a further Mideast spiral as Israel and Iran show restraint. But for how long?
==========
Israel and Iran have shown restraint, avoiding further escalation in the Middle East. President Joe Biden urged Israel to temper its response to Iran's attack and avoid violence. Iran's public response to Israeli strikes was muted. Biden's handling of foreign affairs has received negative appraisals from voters. Concerns about foreign policy issues are growing among Americans. Biden's approval ratings dropped after the withdrawal of U.S. troops from Afghanistan. The situation remains delicate as Israel and Hamas are far from reaching an agreement on a cease-fire. The Biden administration is holding Israel accountable while trying to provide humanitarian relief to Gaza. The future remains complicated and uncertain.
#Israel #Iran #MiddleEast #JoeBiden #ForeignPolicy
https://abcnews.go.com/US/wireStory/biden-avoids-mideast-spiral-israel-iran-show-restraint-109460599

2024-04-20 05:25:18

Rep. Mike McCaul, Rep. Ro Khanna and Retired Justice Stephen Breyer Sunday On ‘This Week’ with Co-Anchor Jonathan Karl
==========
Rep. Mike McCaul, Rep. Ro Khanna, and Retired Justice Stephen Breyer will appear on 'This Week' with co-anchor Jonathan Karl. The episode will air on Sunday, April 21, 2024. Rep. Mike McCaul is the Foreign Affairs Committee Chair. Rep. Ro Khanna is also a guest. Retired Justice Stephen Breyer, author of 'Reading the Constitution: Why I Chose Pragmatism, Not Textualism,' will also be featured. The episode will include a segment on efforts to mobilize environmentally conscious voters in battleground Pennsylvania ahead of the 2024 election. The episode will also feature Donna Brazile, Reince Priebus, and Rachael Bade as part of the Powerhouse Roundtable. The show can be followed on Facebook and Twitter.
https://abcnews.go.com/Politics/rep-mike-mccaul-rep-ro-khanna-retired-justice/story?id=109436698

2024-04-19 04:42:04

Congressional party leaders reach 'consensus' on aid to Israel and Ukraine, Schumer says
==========
During a call between President Joe Biden and congressional leaders, there was 'consensus' that Congress needs to act quickly to send aid to both Israel and Ukraine. Israeli Prime Minister Benjamin Netanyahu and the country's war cabinet have met several times since Iran's attack, and at least two retaliatory strikes against Iran were previously aborted. Israel launched missiles in a retaliatory strike against Iran, following Iran's attack where the country sent a volley of more than 300 uncrewed drones and missiles toward targets throughout Israel. Israel's Iron Dome defense system intercepted 99% of the threats launched by Iran. Flights to Tehran, Isfahan, and Shiraz have been suspended after an explosion was heard in the city of Qahjavaristan. Israeli missiles have hit a site in Iran, but it is unclear if Syria and Iraq sites were hit as well. US officials expressed concerns over the Israeli military's plans for an operation in Rafah in Gaza. Israel has made significant progress in preparations for the evacuation of around 1 million civilians from Rafah ahead of the impending operation. Senate Majority Leader Chuck Schumer said there was 'consensus' that Congress needs to act quickly to send aid to both Israel and Ukraine.
#Israel #Ukraine #Aid #Congress #Iran #RetaliatoryStrikes #IronDome #Explosion #Rafah #Evacuations
https://abcnews.go.com/International/live-updates/israel-gaza-hamas-war/congressional-party-leaders-reach-consensus-on-aid-to-israel-and-ukraine-schumer-says-109222982?id=108860743

2024-04-19 04:36:55

Israel-Gaza live updates: Israel retaliates against Iran, US official says
==========
Israel had planned and then aborted at least two retaliatory strikes against Iran this week. Israel launched missiles in a retaliatory strike against Iran. Iran launched 170 unmanned aerial vehicles (UAVs), more than 120 ballistic missiles, and more than 30 cruise missiles in the attack on Israel. Flights to Tehran, Isfahan, and Shiraz have been suspended following reports of an explosion in Qahjavaristan, Iran. Israeli missiles have hit a site in Iran. In a meeting between U.S. and Israeli officials, the two sides discussed the attack by Iran and the Israeli military's plans for an operation in Rafah in Gaza. Israel has made significant progress in preparations for the evacuation of around 1 million civilians from Rafah ahead of the Israeli military's impending operation in the southern Gaza city.
#Israel #Gaza #Iran #Retaliation #Missiles #Attack #Evacuation
https://abcnews.go.com/International/live-updates/israel-gaza-hamas-war/?id=108860743

2024-04-18 10:45:24

'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
==========
European Union leaders are debating a new 'European Competitiveness Deal' aimed at helping the 27-nation bloc close the gap with Chinese and American rivals. The EU's share of the world's largest economies has diminished over the past 30 years, and the region is feeling pressure from U.S. and Chinese efforts to support domestic production through subsidies and tax breaks. The proposal includes an EU-wide effort to subsidize industrial companies in response to U.S. subsidies for environmentally friendly technology and China's subsidies for electric cars and solar panels. The former president of the European Central Bank, Mario Draghi, said the EU lacks a clear strategy to answer the challenges proposed by Chinese and American rivals in key industries. The report also calls for better integrating the bloc's financial markets and increasing the capacities of the European Investment Bank to invest in strategic sectors. EU rules restrict member governments' aid to companies to avoid distorting business competition across the 27-member union's free trade zone. The proposal suggests requiring countries to use a chunk of such aid for EU-wide projects instead of purely national ones.
#Eu #Competitiveness #China #Us #Subsidies #Investment #RenewableEnergy #GreenTechnology #FinancialMarkets #EuropeanInvestmentBank
https://abcnews.go.com/Business/wireStory/time-waste-eu-leaders-boost-competitiveness-close-gap-109375044

2024-04-16 09:40:44

Stock market today: Asian shares track Wall Street slump triggered by strong US spending data
==========
Asian shares skidded following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks. The Shanghai Composite index lost 1.7% to 3,007.07. The Hang Seng in Hong Kong lost 2.1% to 16,248.97. Tokyo's Nikkei 225 fell 1.9% to 38,471.20. Taiwan's Taiex led the regional decline, falling 2.7%. In South Korea, the Kospi declined 2.3% to 2,609.63, while Australia's S&P/ASX 200 fell 1.8% to 7,612.50. On Monday, the S&P 500 tumbled 1.2% to 5,061.82, following up on its 1.6% loss from last week. The Dow Jones Industrial Average dropped 0.7% to 37,735.11, and the Nasdaq composite slumped 1.8% to 15,885.02. The slump was triggered by strong US spending data, which raised hopes for growing profits at companies but also hurt prospects for easier interest rates from the Federal Reserve. Traders are now broadly forecasting just one or two cuts to rates this year, down from expectations for six or more cuts at the start of this year. High interest rates and bond yields hurt prices for all kinds of investments, particularly those that look expensive or those that compete for the same kinds of investors as bonds do. Big Tech stocks like Apple, Nvidia, and Microsoft felt pressure when yields are rising. In the oil market, a barrel of U.S. crude for May delivery slipped 10 cents to $85.31 per barrel. Brent crude, the international standard, shed 8 cents to $90.02 per barrel.
#StockMarket #AsianShares #WallStreet #UsSpendingData
https://abcnews.go.com/US/wireStory/stock-market-today-asian-shares-track-wall-street-109293273

2024-04-12 19:35:19

'Traumatizing': Family calls for justice after teen holding toy gun shot by Akron police officer
==========
The family of a 15-year-old named Tavion Koonce-Williams is calling for justice and accountability after he was shot by an Akron, Ohio, police officer while holding a toy gun. The incident occurred on April 1, 2024, and the teenager was treated for his injuries. The Ohio Bureau of Criminal Investigation is currently investigating the incident. The family held a press conference where they demanded accountability from the Akron Police Department and compared the incident to the case of Tamir Rice, a 12-year-old who was shot and killed by a Cleveland police officer in 2014 while holding a toy gun. Body camera footage released by the city of Akron shows the officer, identified as Ryan Westlake, arriving on the scene and shooting the teen in the wrist. The officer has been placed on paid administrative leave. The Akron Police Department released Westlake's personnel file, which revealed previous disciplinary actions and use of force incidents. The family's attorney called for Westlake's termination and the release of his complete personnel file. The Akron Fraternal Order of Police expressed confidence that the officer's actions would be deemed justified once all the facts are released. The investigation is being conducted by the Ohio Bureau of Criminal Investigation and the findings will be turned over to the Ohio Attorney General's Office for review.
#PoliceShooting #Akron #ToyGun #Investigation #PressConference
https://abcnews.go.com/US/traumatizing-family-calls-justice-after-teen-holding-toy/story?id=109162027

2024-04-12 19:28:42

How immigrant workers in US have helped boost job growth and stave off a recession
==========
Millions of jobs that new immigrants have been filling in the United States appear to solve a riddle that has confounded economists for at least a year: How has the U.S. economy managed to prosper, adding hundreds of thousands of jobs, month after month, at a time when the Federal Reserve has aggressively raised interest rates to fight inflation — normally a recipe for a recession? The influx of foreign-born adults vastly raised the supply of available workers after a U.S. labor shortage had left many companies unable to fill jobs. More workers filling more jobs and spending more money has helped drive economic growth and create still-more job openings. The availability of immigrant workers eased the pressure on companies to sharply raise wages and to then pass on their higher labor costs to their customers via higher prices that feed inflation. The boom in immigration caught almost everyone by surprise. In 2019, the Congressional Budget Office had estimated that net immigration — arrivals minus departures — would equal about 1 million in 2023. The actual number, the CBO said in a January update, was more than triple that estimate: 3.3 million. Over the past four years, the number of prime-age workers who either have a job or are looking for one has surged by 2.8 million. And nearly all those new labor force entrants — 2.7 million, or 96% of them — were born outside the United States. Immigrants last year accounted for a record 18.6% of the labor force, according to the Economic Policy Institute’s analysis of government data. A study by Wendy Edelberg and Tara Watson, economists at the Brookings Institution’s Hamilton Project, has concluded that over the past two years, new immigrants raised the economy’s supply of workers and allowed the United States to generate jobs without overheating and accelerating inflation. Critics counter that a surge in immigration can force down pay, particularly for low-income workers, a category that often includes immigrants who have lived in the United States longer. Ernie Tedeschi, a visiting fellow at Georgetown University's Psaros Center and a former Biden economic adviser, calculates that the burst of immigration has accounted for about a fifth of the economy's growth over the past four years.
https://abcnews.go.com/Business/wireStory/healthy-us-economys-secret-ingredient-immigrant-workers-eager-109158924

2024-04-12 18:44:01

Biden praises Prime Minister Kishida's leadership and Japan's growing international clout
==========
President Joe Biden praised Prime Minister Fumio Kishida's "bold" leadership on a series of global crises as he welcomed the Japanese leader to the White House. The visit included discussions on the security situation in the Pacific, the war in Ukraine, the Israel-Hamas conflict, and more. The visit marks the completion of the Democratic administration's focus on elevating the Quad partnership between the U.S., Japan, Australia, and India. Biden emphasized the unbreakable alliance between Japan and the United States and Japan's growing international influence. Kishida announced that Japan is giving 250 cherry trees to the U.S. to mark America's 250th birthday in 2026. Both Biden and Kishida are facing political challenges at home. The leaders announced plans to upgrade U.S.-Japan military relations, focusing on improving interoperability and planning between the two countries' forces. They also confirmed Japan's participation in NASA's Artemis moon program and its contribution of a moon rover. Biden praised Japan's increase in defense spending and its support in the aftermath of Russia's invasion of Ukraine. The leaders expressed openness to direct talks between Japan and North Korea over the abduction of Japanese citizens. Kishida will participate in a U.S.-Japan-Philippines summit to discuss China's aggressive actions in the region.
#JoeBiden #FumioKishida #Japan #Quad #Security #Ukraine #IsraelhamasConflict #CherryTrees #UsjapanMilitaryRelations #Nasa #ArtemisMoonProgram #NorthKorea #China #Philippines
https://abcnews.go.com/US/wireStory/biden-honor-pm-kishida-reflect-japans-growing-clout-109074159

2024-04-12 15:19:41

US consumer sentiment falls slightly as outlook for inflation worsens
==========
The University of Michigan's consumer sentiment index fell to 77.9 this month, down from March's figure of 79.4. Americans' outlook on the economy remains largely unchanged this year. The decline in sentiment may be due to an increase in gas prices, which have risen about 7% in the past month. Consumers expect inflation to be 3.1% a year from now, exceeding the Federal Reserve's 2% target but still below the current level of 3.5%.
#UsEconomy #ConsumerSentiment #Inflation #GasPrices
https://abcnews.go.com/US/wireStory/us-consumer-sentiment-falls-slightly-outlook-inflation-worsens-109164475

2024-04-12 09:51:56

China's exports tumble 7.5% in March and imports also fall as demand slows
==========
China's exports contracted 7.5% in March, while imports slipped 1.9%. In the January-February period, exports rose 7.1% year-on-year while imports climbed 3.5%. China posted a trade surplus of $58.55 billion in March. The decline in exports partly reflected a higher base of comparison with March 2023. Weakness in exports would be a further drag on growth. Export volumes are expected to rise more slowly this year, while imports are expected to gain momentum. China has set a target of around 5% for economic growth this year. The latest data belie worries that China might ramp up its exports to help meet its growth target. Exporters have been slashing prices to increase their sales abroad. Consumer prices grew only 0.1% in March while producer prices declined 2.8%, suggesting weakness in demand relative to supply.
#China #Exports #Imports #Demand #EconomicGrowth
https://abcnews.go.com/International/wireStory/chinas-exports-tumble-75-march-imports-fall-demand-109157985

2024-04-10 22:14:43

Consumers would be notified of AI-generated content under Pennsylvania bill
==========
Pennsylvania state representatives have approved a bill requiring that consumers be notified when artificial intelligence is used to generate content. The bill would change the state's Unfair Trade Practices and Consumer Protection Law to require "clear and conspicuous disclosure" when artificial intelligence has been used to create written text, images, audio or video. Violators would have to knowingly or recklessly post AI content. Another provision of the bill prohibits defendants from arguing that child sexual abuse material created by artificial intelligence isn't illegal under criminal laws. Public disclosure of AI’s use is an emerging theme across hundreds of state bills in U.S. legislatures that seek to regulate the new technology.
#Ai #Pennsylvania #Legislation
https://abcnews.go.com/US/wireStory/consumers-notified-ai-generated-content-pennsylvania-bill-109102998

2024-04-10 15:59:44

A look into the long history of the Israeli-Palestinian conflict
==========
The Israeli-Palestinian conflict has a long history dating back to the early 1900s. In 1917, the Balfour Declaration promised a 'national home' for Jewish populations in Palestine. The region was placed under British rule after World War I, leading to clashes between Palestinian Arabs and Jewish migrants. In 1947, the United Nations adopted a resolution to partition Palestine into two states, leading to the creation of Israel in 1948 and the displacement of Palestinians. The Six-Day War in 1967 resulted in Israel capturing Palestinian territories. In 1987, the first Palestinian uprising occurred, followed by a second uprising in 2000. Israel disengaged from the Gaza Strip in 2005, leading to Hamas taking control. The ongoing conflict has resulted in thousands of deaths and has led to humanitarian concerns in Gaza. In 2023, Hamas launched a surprise attack on Israel, resulting in a bombing campaign and siege of Gaza.
#IsraelipalestinianConflict #History #BalfourDeclaration #Partition #SixdayWar #Uprising #GazaStrip #Hamas
https://abcnews.go.com/International/timeline-long-history-israeli-palestinian-conflict/story?id=103875134

2024-04-10 15:28:24

2024-04-10 10:48:40

At a rally for freeing the Israeli hostages, a call for peace in Israel and Gaza: Reporter's notebook
==========
The article discusses the ongoing hostage crisis in Israel and Gaza, six months into the Israel-Hamas war. It mentions that more than 200 Israelis were presumed to have been taken captive in Gaza after a terror attack by Hamas in Israel on October 7, 2023. So far, 112 hostages have been released, leaving an estimated 131 hostages remaining in Gaza. The article covers various rallies and protests calling for the release of the hostages and a ceasefire in Gaza. It highlights the concern within the American Jewish community for the hostages and the calls for peace in Gaza. One speaker at a rally called for American political pressure on the Israeli government to accept a proposed hostage release and ceasefire deal. The speaker also emphasized the need to ease the hunger and suffering in Gaza. The article concludes by mentioning the dire situation in Gaza and the ongoing war between Israel and Hamas.
#Israel #Gaza #HostageCrisis #Peace #Rally
https://abcnews.go.com/International/rally-freeing-israeli-hostages-call-peace-israel-gaza/story?id=109036235

2024-04-10 09:52:50

Internet providers must now be more transparent about fees, pricing, FCC says
==========
New FCC rules require internet providers to be transparent about the cost and performance of their internet service packages. The rules, similar to nutritional labels on products, will provide easy-to-understand information about pricing, data allowances, speeds, and fees. The labels will be required to appear at any point of sale, including online and in stores. The Biden administration has been cracking down on 'junk fees' across industries. Providers that do not comply with the rules may face consumer complaints filed with the FCC. Some providers with less than 100,000 subscribers have until October 10, 2024, to comply.
#Fcc #InternetServiceProviders #Transparency #Pricing #Fees
https://abcnews.go.com/Technology/wireStory/internet-providers-now-transparent-fees-pricing-fcc-109073894

2024-04-07 11:26:43

Some states are seeking to restrict TikTok. That doesn't mean their governors aren't using it
==========
Efforts to ban TikTok from government devices have picked up steam in the past year in state legislatures and Congress even as politicians continue to use it to connect with and expand their base. Pennsylvania Gov. Josh Shapiro, a Democrat, is a prolific TikTok poster, with his efforts beginning on the campaign trail through a personal account. Other governors use TikTok accounts — among verified accounts, only Democrats — even in states that have banned the app from state devices and networks. TikTok is part of the government's outreach strategy to reach the youth vote. The app was banned in Michigan from government devices, but Democratic Gov. Gretchen Whitmer has an exemption for her promotional account. In New Jersey, a government-affiliated app posts jokes and memes. TikTok is seen as a personal and engaging way for politicians to connect with voters. Researchers found over 100 TikTok accounts for those running for Congress in 2022, with a majority being Democrats.
#Tiktok #GovernmentDevices #StateLegislatures #Governors #YouthVote
https://abcnews.go.com/US/wireStory/states-seeking-restrict-tiktok-governors-108921050

2024-04-07 11:25:59

Yellen says US-China relationship on 'more stable footing' but more can be done to improve ties
==========
U.S. Treasury Secretary Janet Yellen met with Chinese Premier Li Qiang and highlighted the improvement in relations since her visit to China last year. Yellen stated that while more needs to be done, the bilateral relationship has been put on a more stable footing. The U.S. has restricted China's access to advanced technology, citing concerns about military use, while China accuses the U.S. of trying to constrain its economic development. Yellen's visit aims to build on the fragile stability that has been established. The U.S. and China agreed to hold intensive exchanges on more balanced economic growth and combating money laundering. Yellen also addressed the U.S. relationship with China on the subject of Russia, stating that there has been meaningful progress in cooperation. Yellen also met with Beijing Mayor Yin Yong and emphasized the critical role of local governments in China's economy.
https://abcnews.go.com/International/wireStory/yellen-us-china-relationship-stable-footing-improve-ties-108953483

2024-04-07 09:58:53

In war-torn Ukraine, officials and businesses voice concern about job vacancies
==========
Ukraine is facing a shortage of workers as it aims to mobilize up to 500,000 troops in the war against Russia. The government needs to find three million taxpayers to support the troops. Businesses are struggling to find a workforce, with a shortage of qualified specialists and a significant number of employees leaving the country or being called up for mobilization. Ukraine needs at least 4.5 million workers, with the biggest deficits in defense industries, construction, medical services, agriculture, and retail. The Silpo supermarket chain has faced challenges in finding employees in front-line cities due to Russian missile strikes. The company has implemented a support center for employees and changed its training programs to adapt to the situation. Small businesses are also struggling to find people for vocational jobs. The unemployment rate in Ukraine remains at the pre-war level, but some professions are not in high demand or offer lower salaries. Despite the challenges, businesses in Ukraine remain optimistic about their future and are investing in reconstruction and development. The government aims to stimulate Ukrainians to return home from abroad but has not yet implemented a comprehensive program for bringing them back.
#Ukraine #JobVacancies #Workforce #Mobilization #Businesses #Silpo #Unemployment
https://abcnews.go.com/International/war-torn-ukraine-officials-businesses-voice-concern-job/story?id=108834995

2024-04-06 21:38:11

Joe Brennan, Democratic former governor of Maine and US congressman, dies at 89
==========
Joe Brennan, a Democratic former governor of Maine and US congressman, died at the age of 89. Brennan, who served two terms as governor and two terms in the US House, passed away at his home in Portland, Maine. He grew up in a working-class neighborhood and entered politics at age 29. Brennan was an Army veteran, attended Boston College and the University of Maine Law School, and served as a county district attorney and state attorney general. He played a role in negotiating the Maine Indian Land Claims Settlement Act of 1980 and implemented education reforms as governor. Brennan appointed Janet Mills as the first woman to serve as district attorney, who later became Maine's first female governor. He also appointed George Mitchell, who went on to become majority leader in the Senate. Brennan was remembered as a man of integrity and a dedicated public servant.
#JoeBrennan #Maine #UsCongressman #Governor #Death
https://abcnews.go.com/US/wireStory/joe-brennan-democratic-former-governor-maine-us-congressman-108947603

2024-04-06 03:07:25

Beneath the calm, Hong Kong's new security law drives deeper, quieter changes
==========
Life in Hong Kong appears unchanged on the surface after the new national security law took effect. However, there is a deeper wave of adaptation among residents who are living under the threat of more extensive restrictions. The law has led to an increase in inquiries about emigration, with more than half of those asking citing the new ordinance as a reason. Many pro-democracy activists have been arrested, silenced, or forced into exile since the 2020 law was imposed. Civil society groups have been disbanded and outspoken media outlets have been shut down. The law targets colluding with external forces, unlawful disclosure of state secrets, sabotage, and espionage. Sedition offenses carry a sentence of up to seven years, or 10 years if working with foreign governments or organizations. The law has prompted adjustments in the legal and business communities, with some companies restricting access to global databases and reviewing whether sensitive roles should be moved elsewhere. Hong Kong's government defends the law, stating that it improves the city's legal framework for safeguarding national security. However, critics argue that it infringes on freedom of speech and press freedom. Residents are adopting coping strategies seen on mainland China, avoiding voicing opinions that might get them in trouble. The U.S.-funded news outlet Radio Free Asia has closed its Hong Kong bureau due to safety concerns under the new legislation. Overall, there is a desire among some residents to move on from the topic of national security and focus more on the real economy and business.
#HongKong #NationalSecurityLaw #Protests #FreedomOfSpeech #PressFreedom #Emigration
https://abcnews.go.com/International/wireStory/beneath-calm-hong-kongs-new-security-law-drives-108913809

2024-04-05 13:55:04

Biden to visit site of Baltimore's Francis Key Scott Bridge collapse
==========
President Joe Biden will visit the site of the Francis Scott Key Bridge collapse in Baltimore on Friday to meet with officials and get an "on-the-ground look at federal response efforts." Biden will meet with the loved ones of the six workers killed during the bridge collapse. The container ship Dali struck the Francis Scott Key Bridge on March 26, partially collapsing the bridge. Six construction workers are believed to have fallen from the collapsing bridge into the frigid waters of the Patapsco River. Two bodies have been recovered, while four remain unaccounted for and are presumed dead. Biden will be joined by Maryland Gov. Wes Moore, Transportation Secretary Pete Buttigieg, and other Baltimore officials during his trip. The White House has approved $60 million in emergency funding for Baltimore's rebuilding efforts. The Francis Scott Key Bridge has an annual traffic volume of 11.3 million vehicles. The crash appeared to be accidental, not intentional. The Singaporean company that operates the ship should have "limited liability" in the aftermath of the crash, according to lawyers representing the company.
#JoeBiden #FrancisScottKeyBridge #Baltimore #BridgeCollapse #EmergencyFunding
https://abcnews.go.com/Politics/biden-visit-site-baltimore-francis-key-scott-bridge-collapse/story?id=108853313

2024-04-05 13:23:36

2024-04-04 09:51:58

Cosmic yoga, portable toilets: Solar eclipse will deliver 'tourism boom' for economy
==========
The total solar eclipse set to take place on April 8, 2024, is expected to generate a surge of spending to the tune of at least hundreds of millions of dollars. As many as four million people will travel to the path of totality for the eclipse, making it the largest travel day of the year. Travelers will mainly spend money on gas, lodging, and food, generating between $372 million and $1.5 billion in economic activity. The eclipse is expected to bring more than $24 million in spending to Maine and more than $600 million to Texas. Arkansas could see nearly $50 million in economic activity. The economic benefits will be limited by the lodging and restaurant capacity of the regions involved. Portable toilet vendors are experiencing high demand, with one company in Indiana renting out 200 portable toilets on the day of the eclipse.
#SolarEclipse #Tourism #Economy #Travel #Spending
https://abcnews.go.com/Business/cosmic-yoga-portable-toilets-solar-eclipse-deliver-tourism/story?id=108756150

2024-04-03 17:47:32

Powell: Fed still sees rate cuts this year; election timing won't affect decision
==========
Federal Reserve officials, including Chair Jerome Powell, plan to reduce the benchmark interest rate later this year despite recent reports of a strong US economy and increased inflation. Powell stated that the recent data does not significantly change the overall picture of solid growth, a strong labor market, and inflation moving towards 2%. Most Fed officials see it as likely to be appropriate to start cutting rates at some point this year. Powell also emphasized that the Fed's interest-rate decisions will not be affected by the timing of the presidential election. The recent pickup in inflation has led some economists to postpone their projections for rate cuts, but many economists predict that the first rate cut won't come until July or later. Powell noted that the Fed is intended to be fully independent of politics and make monetary policy decisions without consideration of short-term political matters. The Fed's goal is to slow inflation to its 2% target, but the strength of the economy, particularly solid consumer spending, could make it harder to achieve this goal. Fed officials forecasted that they could cut the benchmark rate three times this year, but nearly half of the policymakers expect two or fewer rate cuts.
#FederalReserve #InterestRates #UsEconomy #Inflation #JeromePowell
https://abcnews.go.com/Politics/wireStory/powell-fed-sees-rate-cuts-year-election-timing-108806298

2024-04-03 11:53:50

Crews carefully start removing first piece of twisted steel from collapsed Baltimore bridge
==========
Teams of engineers are working on removing the first section of twisted steel from the collapsed Francis Scott Key Bridge in Baltimore; The bridge collapsed into the Patapsco River after a cargo ship crashed into one of its supports; Cranes and cutting torches are being used to cut and lift the steel beams; The steel will be lifted onto a barge and floated away; The process is complicated and will affect the timeline for reopening the ship channel and the blocked Port of Baltimore; Four workers are still missing and presumed dead; The ship involved in the collision is managed by Synergy Marine Group and owned by Grace Ocean Private Ltd., chartered by Maersk; The cause of the collision is still under investigation; The Environmental Protection Agency has not detected any active releases or hazardous materials in the water; The bridge will be rebuilt, with the federal government covering the full cost; The closure of the port and the loss of the bridge will have economic impacts on dockworkers, commuters, and U.S. consumers; The port handles the most cars and farm equipment in the U.S.
#Baltimore #BridgeCollapse #FrancisScottKeyBridge #PatapscoRiver #CargoShip #Engineers #SteelBeams #Cranes #Tugboats #SalvageVessels
https://abcnews.go.com/Business/wireStory/collapsed-baltimore-bridge-focus-shifts-weighty-job-removing-108680197

2024-04-03 11:52:21

Crews at Baltimore bridge collapse continue meticulous work of removing twisted steel and concrete
==========
Crews are continuing the meticulous operation of removing the steel and concrete from the fallen Francis Scott Key Bridge in Baltimore. Divers are assisting in the process, surveying parts of the bridge underwater and checking on the ship to ensure it can be safely floated away once the wreckage is lifted. The bridge collapsed on Tuesday, resulting in the presumed deaths of six workers. Two workers survived, two bodies were found in a submerged pickup, and four more men are presumed dead. The salvage crews are lifting each part of the bridge onto a barge and floating it downstream to be inspected. The removal of the debris and reopening of the ship channel and the blocked Port of Baltimore will depend on the progress of the salvage operation. The cause of the bridge collapse is under investigation by the National Transportation Safety Board. The cargo ship Dali, which caused the collapse, remains tangled in debris. The port is also considering aid packages to help those affected by the closure. The Small Business Administration will open a center to help small businesses get loans to recover from the bridge collapse.
#Baltimore #BridgeCollapse #SalvageOperation #Investigation #PortOfBaltimore
https://abcnews.go.com/US/wireStory/crews-baltimore-bridge-collapse-continue-meticulous-work-removing-108694681

2024-04-03 11:45:42

As cranes arrive at Baltimore bridge collapse site, governor describes daunting task of cleaning up
==========
A crane that can lift 1,000 tons has appeared near the site of a collapsed highway bridge in Baltimore as crews prepare to begin clearing wreckage; Maryland Gov. Wes Moore called the Francis Scott Key Bridge's collapse following a freighter collision an “economic catastrophe" and described the challenges ahead for recovering the workers' bodies and clearing tons of debris to reopen the Port of Baltimore; The broken pieces of the bridge weigh as much as 4,000 tons, Moore said, and teams will need to cut into the steel trusses before they can be lifted from the Patapsco River; Equipment on hand will include seven floating cranes, 10 tugboats, nine barges, eight salvage vessels and five Coast Guard boats, Moore said; Water conditions have prevented divers from entering the river, Moore said; The victims of the collapse were from Guatemala, Honduras, and El Salvador, officials said; President Joe Biden's administration has approved $60 million in immediate aid, and Biden has said the federal government will pay the full cost of rebuilding the bridge, which carried Interstate 695.
#Baltimore #BridgeCollapse #Cleanup #Cranes #Maryland #PortOfBaltimore
https://abcnews.go.com/Business/wireStory/cranes-arriving-start-removing-wreckage-deadly-baltimore-bridge-108640950

2024-04-01 11:09:34

Murder trial of Chad Daybell, husband of 'doomsday' mom Lori Vallow, set to begin
==========
Chad Daybell, the husband of Lori Vallow, is set to go on trial for the murders of his wife's two children, Joshua 'J.J.' Vallow, 7, and Tylee Ryan, 16. The trial is scheduled to start on Monday in Ada County with jury selection and is expected to last around nine weeks. Daybell was charged with three counts of murder and faces the death sentence if convicted. Daybell's case will be presided over by the same judge in Vallow's trial, Judge Steve Boyce, who sentenced Vallow to life in prison without parole for the murders of the two children. Vallow and Daybell were also charged with conspiracy to commit murder in the death of Chad Daybell's former wife, Tamara Daybell. Vallow was found guilty of all charges in her trial. Daybell pleaded not guilty to his charges and his attorney stated that he is ready to tell his story. It is unclear if Vallow will testify at Daybell's trial. Both Vallow and Daybell adhered to a doomsday ideology and were charged with conspiracy to commit murder. Vallow's fourth husband, Charles Vallow, was shot and killed by her brother, Alex Cox, in 2019. Vallow also faces charges alleging she killed Charles Vallow and plotted to kill the ex-husband of her niece.
#ChadDaybell #LoriVallow #MurderTrial #Doomsday #Children #JurySelection #DeathSentence #ConspiracyToCommitMurder #TamaraDaybell #NotGuilty #Testify #DoomsdayIdeology #CharlesVallow #AlexCox
https://abcnews.go.com/US/chad-daybell-husband-lori-vallow-murder-trial/story?id=108683350

2024-04-01 07:45:05

Debt, trade barriers and uncertainty will drag on Asian economies in 2024, World Bank report says
==========
Asian economies are forecasted to slow to 4.5% growth in 2024 from 5.1% in 2023 due to debt, trade barriers, and policy uncertainties, according to a World Bank report. The report highlights the need for governments to address long-term problems such as weak social safety nets and underinvestment in education. The region's economies are growing slower than before the pandemic but faster than other parts of the world. The rebound in global trade and easing financial conditions will help offset weaker growth. The report also points out that leading firms in the region are not playing their expected role. Key risks include higher interest rates and trade-distorting measures imposed by major economies. China's growth is expected to slow to 4.5% as it transitions to a more balanced growth path. The report emphasizes the need for efficient policies, stronger social welfare, and increased investment in education. The report also highlights lagging improvements in productivity and the need for more competition and investment in education. Vietnam, despite being a favored destination for foreign investment, is growing at a rate below its potential. The report concludes that the region could achieve better results with improved productivity and greater efficiency.
#AsianEconomies #WorldBank #Debt #TradeBarriers #Uncertainty #GrowthForecast
https://abcnews.go.com/Business/wireStory/debt-trade-barriers-uncertainty-drag-asian-economies-2024-108703296

2024-04-01 05:39:38

US and UK announce sanctions over China-linked hacks on officials, lawmakers and election watchdog
==========
The US and UK have announced sanctions against a company and two individuals linked to the Chinese government over cyberattacks targeting officials, lawmakers, and the UK's election watchdog. The hack may have gained access to information on tens of millions of UK voters held by the Electoral Commission. The US Treasury Department sanctioned Wuhan Xiaoruizhi Science and Technology Company Ltd., and named two Chinese nationals, Zhao Guangzong and Ni Gaobin, affiliated with the company. The two individuals were involved in cyberoperations targeting US critical infrastructure sectors. The US Justice Department charged Zhao, Ni, and five other hackers with conspiracy to commit computer intrusions and wire fraud. APT31, the Chinese cyber group involved, has previously been accused of targeting US presidential campaigns and Finland's parliament. British cybersecurity officials said APT31 hackers conducted reconnaissance activity against British parliamentarians critical of Beijing. China's Ministry of Foreign Affairs called for evidence-based claims and said cybersecurity issues should not be politicized. British Prime Minister Rishi Sunak described China as the greatest state-based threat to the UK's economic security.
#Sanctions #Cyberattacks #China #Us #Uk #Elections #Hackers
https://abcnews.go.com/International/wireStory/uk-government-set-link-china-government-affiliated-hackers-108466686

2024-04-01 04:57:06

2024-03-29 19:59:39

Baltimore Key Bridge collapse live updates: Largest crane on Eastern Seaboard to help clear channel
==========
A cargo ship struck Baltimore's Francis Scott Key Bridge early Tuesday morning, causing a near-total collapse of the span and halting vessel traffic into and out of the Port of Baltimore. Six construction workers are believed to have fallen from the collapsing bridge into the frigid waters of the Patapsco River below. The bodies of two of the victims have been recovered so far, while four remain missing and are presumed dead. Maryland Gov. Wes Moore described the scope of the disaster as a freight nearly the size of the Eiffel Tower with the Key Bridge resting on top of it, and shipping containers ripped in half as if they were papier-maché. President Joe Biden plans to visit Baltimore next week with Maryland Gov. Wes Moore. The Biden administration approved $60 million in emergency relief funds for rebuilding the bridge. The Chesapeake 1000 crane, capable of lifting roughly 2.2 million pounds at a time, arrived at the bridge to help with the recovery efforts. At least one large vehicle is still submerged under the murky Patapsco River, believed to belong to the crew that was working on the bridge at the time of the collapse. Recovery efforts are ongoing to find the missing victims and clear the blocked channel for the reopening of the Port of Baltimore.
#Baltimore #KeyBridge #BridgeCollapse #CargoShip #ConstructionWorkers #PatapscoRiver #PortOfBaltimore #Maryland #WesMoore #JoeBiden #RecoveryEfforts
https://abcnews.go.com/US/live-updates/baltimore-key-bridge-collapse/?id=108500215

2024-03-29 07:26:54

Biden fundraiser with Obama, Clinton sees jokes and some protests over war
==========
Former Presidents Barack Obama and Bill Clinton joined President Joe Biden for a star-studded fundraiser in New York City, raising over $26 million for Biden's re-election. The event featured a conversation moderated by comedian Stephen Colbert and saw interruptions from pro-Palestine protesters. Biden criticized former President Donald Trump and highlighted his achievements as president. The discussion touched on topics such as democracy, foreign policy, and the Israel-Gaza conflict. Obama and Clinton expressed support for a two-state solution and the legitimacy of Palestinian statehood. Clinton also criticized Trump's economic policies. The event included performances by Queen Latifah, Lizzo, and others. The Biden campaign hopes the fundraiser will energize the Democratic Party ahead of the general election.
#Biden #Obama #Clinton #Fundraiser #Protests #War
https://abcnews.go.com/Politics/biden-fundraiser-obama-clinton-sees-jokes-protests-war/story?id=108640851

2024-03-25 13:43:10

Boeing CEO Dave Calhoun to step down
==========
Boeing CEO Dave Calhoun will step down at the end of the year. Calhoun will continue to lead Boeing through the end of 2024. The move comes amid fallout from a high-profile safety failure onboard an Alaska Airlines flight in January. Board Chair Larry Kellner plans to forgo nomination for an additional term. Steve Mollenkopf will immediately take over as Boeing board chair and lead the search for a new chief executive. Calhoun began his tenure in the aftermath of a previous safety scandal involving the grounding of Boeing 737 Max aircraft. The renewed scrutiny over the incident includes an investigation by a federal safety regulator and a criminal investigation by the Department of Justice. Calhoun called on the company to focus on openness and a total commitment to safety and quality. This is a developing story.
#Boeing #DaveCalhoun #Ceo #Resignation #SafetyFailure #AlaskaAirlines #737Max #LarryKellner #SteveMollenkopf
https://abcnews.go.com/Business/boeing-ceo-dave-calhoun-step/story?id=108465621

2024-03-14 15:50:32

US commerce secretary hails progress at year's first meeting of Indo-Pacific trade grouping
==========
U.S. Commerce Secretary Gina Raimondo praised the progress made by the 14 countries in the Indo-Pacific Economic Framework for Prosperity after the group held a ministerial meeting to discuss proposed guidelines for regional commerce. The Indo-Pacific Economic Framework was launched in May 2022 and its members include Australia, Brunei, Fiji, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, the United States, and Vietnam. The group aims to advance resilience, sustainability, inclusiveness, economic growth, fairness, and competitiveness. Raimondo commended progress on documents setting guidelines for supply chain, clean economy, and fair economy measures. However, the statement did not mention progress on the trade pillar. The next top-level meeting of the group is scheduled to take place in Singapore on June 6.
#UsCommerceSecretary #Indo-pacificEconomicFramework #RegionalCommerce #Trade #SupplyChains #CleanEconomy #FairEconomy #Asia #Singapore
https://abcnews.go.com/International/wireStory/us-commerce-secretary-hails-progress-years-meeting-indo-108117052

2024-02-12 22:39:31

Inflation expected to have slowed significantly in January
==========
The report from the U.S. Bureau of Labor Statistics is expected to show that inflation has slowed significantly in January. Economists expect prices to have increased 2.9% over the year ending in January, marking a slowdown from the previous month's annual pace of 3.4%. Core inflation, which excludes volatile food and energy prices, is expected to have increased 3.7% over the same period. Inflation remains above the Federal Reserve's target of 2%. The U.S. economy has defied the central bank's efforts to slow it down, with strong job growth and consumer sentiment. The Fed risks a rebound of inflation if it cuts interest rates too quickly. Fed Chair Jerome Powell has celebrated the decline of inflation but cautioned about the risks of an overheated economy.
#Inflation #Economy #FederalReserve #InterestRates #UsBureauOfLaborStatistics
https://abcnews.go.com/Business/inflation-expected-slowed-significantly-january/story?id=107155046

2024-02-12 03:18:37

What to know about Usher and his kids following his Super Bowl performance
==========
Usher, the R&B legend, recently headlined the Super Bowl halftime show. He is a father of four children. Usher shares his eldest child, Usher Raymond V, with ex-wife Tameka Foster. Usher has been in a relationship with Jennifer Goicoechea since 2019, and they have two children together, Sovereign and Sire. Usher's second child with Foster is Naviyd. Sovereign is Usher's third child and the first with Goicoechea. Usher announced the birth of his youngest child, Sire Castrello Raymond, in October 2021. Sire is named after Goicoechea's grandfather, Champ Castrello.
#Usher #SuperBowl #HalftimeShow #Family #Children
https://abcnews.go.com/GMA/Family/usher-kids/story?id=107027006