Politics

California Gov. Newsom unveils historic .5 billion budget surplus
Politics

California Gov. Newsom unveils historic $97.5 billion budget surplus

California Gov. Gavin Newsom unveils his 2022-2023 state budget revision during a news conference i in Sacramento, Calif., Friday, May 13, 2022. California is expected have a record surplus. Rich Pedroncelli | AP California is entering the next budget year with a record-smashing surplus of nearly $100 billion, Gov. Gavin Newsom said Friday. Newsom unveiled […]

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Jan. 6 probe subpoenas Republican House leader Kevin McCarthy, other lawmakers allied with Trump
Politics

Jan. 6 probe subpoenas Republican House leader Kevin McCarthy, other lawmakers allied with Trump

House Republican leader Kevin McCarthy and four other GOP lawmakers allied with former President Donald Trump were subpoenaed by the select committee investigating the Jan. 6 Capitol riot, the panel said Thursday. The move marked the first time the bipartisan investigation has issued subpoenas to sitting members of Congress. The dramatic step came less than […]

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Five U.S. states order a metaverse casino with alleged ties to Russia to halt sale of NFTs
Politics

Five U.S. states order a metaverse casino with alleged ties to Russia to halt sale of NFTs

Zoom In IconArrows pointing outwards Source: Flamingo Casino Club Regulators in five states simultaneously filed emergency orders Wednesday against a virtual casino they say has ties to Russia and that has been operating in the metaverse, a digital world where participants can interact with each other, purchase products and even gamble. State law enforcement officials […]

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Senate to vote on doomed bill to cement abortion rights as Supreme Court threatens to overturn Roe v. Wade decision
Politics

Senate to vote on doomed bill to cement abortion rights as Supreme Court threatens to overturn Roe v. Wade decision

Senate Majority Leader Chuck Schumer, D-N.Y., flanked from left by Sen. Debbie Stabenow, D-Mich., and Sen. Kirsten Gillibrand, D-N.Y., holds a news conference on Thursday, May 5, 2022, to announce the Senate will vote on the Women’s Health Protection Act of 2022. Bill Clark | Cq-roll Call, Inc. | Getty Images Senate Republicans on Wednesday […]

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Trump’s pick for Nebraska governor loses in GOP primary, signaling limits to former president’s influence
Politics

Trump’s pick for Nebraska governor loses in GOP primary, signaling limits to former president’s influence

Charles Herbster Nebraska gubernatorial candidate speaks during the fourth day of the Conservative Political Action Conference CPAC on Sunday, Feb. 27, 2022 in Orlando, FL. Jabin Botsford | The Washington Post | Getty Images Former President Donald Trump’s preferred candidate is projected to lose Nebraska’s GOP gubernatorial primary, signaling that Trump’s influence in the party has […]

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Putin is preparing for a long war, spy chief says; U.S. House approves  billion in Ukraine aid
Politics

Putin is preparing for a long war, spy chief says; U.S. House approves $40 billion in Ukraine aid

U.S. House passes $40 billion aid package to Ukraine Rescue workers walk past debris and carsunder ruins in front of the shopping and entertainment center in the Ukrainian Black Sea city of Odessa on May 10, 2022, destroyed after Russian missiles strike late on May 9, 2022. Oleksandr Gimanov | AFP | Getty Images The […]

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Biden says White House could drop Trump China tariffs to lower consumer prices
Politics

Biden says White House could drop Trump China tariffs to lower consumer prices

President Joe Biden said he could drop some of the tariffs imposed against Chinese imports to help control rising consumer prices in the U.S. — just as Wall Street braces for another inflation report north of 8%. The White House is reviewing the penalties imposed under former President Donald Trump — which raised prices on […]

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Yellen says financial system working well despite ‘potential for continued volatility’
Politics

Yellen says financial system working well despite ‘potential for continued volatility’

U.S. Treasury Secretary Janet Yellen testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee on Capitol Hill November 30, 2021 in Washington, DC. Alex Wong | Getty Images Treasury Secretary Janet Yellen believes the U.S. financial system is in working order, but that Russia’s invasion of Ukraine and China’s Covid-19 lockdowns are […]

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Hedge fund billionaire Dan Loeb appears to be courting NYC Mayor Eric Adams over charter schools
Politics

Hedge fund billionaire Dan Loeb appears to be courting NYC Mayor Eric Adams over charter schools

Hedge fund billionaire Dan Loeb appears to be cozying up to New York City Mayor Eric Adams after pouring $1 million into the political action committee that helped get him elected, according to people familiar with the matter. Adams and Loeb have held several private discussions since Adams was sworn in earlier this year, focusing […]

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Sri Lanka’s Prime Minister resigns, curfew imposed after clashes
Politics

Sri Lanka’s Prime Minister resigns, curfew imposed after clashes

Sri Lankan Prime Minister Mahinda Rajapaksa stepped down as demonstrator’s protest the country’s worst economic downturn. Nurphoto | Nurphoto | Getty Images Sri Lanka’s prime minister resigned on Monday, hours after clashes with pro- and anti-government demonstrators in the commercial capital Colombo amid the country’s worst economic crisis that has spurred protests by thousands. During […]

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