Politics
California’s unprecedented reparations report details 150 years of anti-Black harm
A demonstrator raises a fist during a “Sit Out the Curfew” protest against the death of George Floyd who died on May 25 in Minneapolis whilst in police custody, along a street in Oakland, California on June 3, 2020. Philip Pacheco | AFP | Getty Images A new report from California’s first-in-the-country reparations task force […]
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WHO says monkeypox has been spreading undetected as global cases rise to more than 550
In this photo illustration, a photo of a hand infected with the Monkeypox virus is seen through a magnifying glass. Monkeypox is a viral disease that occurs mainly in central and western Africa. Rafael Henrique | Lightrocket | Getty Images The World Health Organization on Wednesday confirmed more than 550 monkeypox cases across 30 countries […]
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Yellen says the administration is fighting inflation, admits she was wrong that it was ‘transitory’
Treasury Secretary Janet Yellen emphasized that the White House has several strategies ready to go that will reduce an inflation burden she conceded is too high on Americans. In an interview Tuesday with CNBC’s Becky Quick, Yellen listed efforts aimed at prescription drug costs, the budget deficit and oil production that could bring down prices […]
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow futures rise as Wall Street begins June trading A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, May 31, 2022. Michael Nagle | Bloomberg | Getty […]
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Zelenskyy says Russian bombing of chemical plant ‘insanity’; U.S. to provide Ukraine with longer-range rocket systems
Wheat can’t be ‘weapon of war’, Pope says in urging lifting of Ukraine block Pope Francis leads his weekly general audience in St. Peter’s Square at the Vatican on June 1, 2022. Filippo Monteforte | Afp | Getty Images Pope Francis on Wednesday appealed to authorities to lift the block on wheat exports from Ukraine, […]
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Supreme Court blocks Texas social media law that tech companies warned would allow hateful content to run rampant
A person walks down the sidewalk near the U.S. Supreme Court building in Washington, D.C., February 16, 2022. Jon Cherry | Reuters The Supreme Court on Tuesday blocked a controversial Texas social media law from taking effect, after the tech industry and other opponents warned it could allow for hateful content to run rampant online. […]
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These charts show how Russia’s invasion of Ukraine has changed global oil flows
European Union leaders reached an agreement this week to ban the majority of Russian crude oil and petroleum product imports, but nations were already shunning the country’s oil, altering global flows for the commodity that powers the world. Russian oil exports had already been hurt by some EU members acting preemptively in anticipation of potential […]
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BTS draws massive crowd to White House press briefing ahead of meeting with Biden
Korean band BTS appears at the daily press briefing with Press Secretary Karine Jean-Pierre, in the Brady Press Briefing of the White House in Washington, DC, May 31, 2022, as they visit to discuss Asian inclusion and representation, and addressing anti-Asian hate crimes and discrimination. Saul Loeb | AFP | Getty Images A White House […]
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House Democrats aim to pass gun control legislation by early June
Activists listen as Senate Democrats speak during a news conference demanding action on gun control legislation after a gunman killed 19 children and two teachers in a Texas elementary school this week, on Capitol Hill on Thursday, May 26, 2022 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images House Democrats will […]
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Britain plans new safeguards for stablecoins that go bust in wake of Terra’s collapse
The world’s biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style “bank run.” Justin Tallis | AFP via Getty Images Britain wants to make sure stablecoins don’t end up threatening the wider financial system following the collapse of controversial crypto project Terra. The government on Tuesday proposed […]
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