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Bernie Sanders opposes reinstating SALT deduction

May 11, 2021 06:35 am UTC| Politics

Prominent Democrats are now calling to reinstate the SALT deduction, however, one lawmaker has already opposed the push. Vermont Senator Bernie Sanders voiced his opposition towards the SALT deduction that would...

GOP Rep. Adam Kinzinger says House GOP Leader Kevin McCarthy dismissed his warnings of possible violence in Jan. 6

May 11, 2021 05:49 am UTC| Politics

The January 6 insurrection at the Capitol led to former President Donald Trumps impeachment on a bipartisan vote by the House. One of Trumps prominent Republican critics, Rep. Adam Kinzinger, revealed that he already...

South China Sea: China and Taiwan military conflict may happen sooner

May 11, 2021 05:23 am UTC| Politics

China and Taiwan have increasingly been at odds with each other in recent years due to Beijings insistence that the island nation is part of the mainland. An Australian Senator has recently warned that the South China Sea...

Joe Biden says recent jobs report suggests importance of the passage of infrastructure and family support proposals

May 10, 2021 10:49 am UTC| Politics

US President Joe Biden is already set on promoting his upcoming trillion-dollar infrastructure and family support proposals. Biden highlighted the importance of the passage of the bills following a low April jobs...

Donald Trump investigation: Democrat-led House Committee renews attempt to retrieve ex-POTUS' financial records

May 10, 2021 10:17 am UTC| Politics

Former President Donald Trumps financial records have been sought after by investigators including House Democrats. Now, another attempt to obtain Trumps financial records was made by the Democratic-controlled House...

Joe Biden supports temporary waiver of COVID-19 vaccine's intellectual property rights

May 10, 2021 09:08 am UTC| Politics

With the US as one of the leading countries in COVID-19 vaccinations, many are now hoping that other countries experiencing problems in the pandemic may be assisted. Biden recently supported the proposal of temporarily...

Kamala Harris says India's COVID-19 crisis is 'heartbreaking'

May 10, 2021 08:41 am UTC| Politics

India is currently experiencing a surge in COVID-19 cases at an alarming rate, leading the US to send assistance. Vice President Kamala Harris also commented on the situation in India, describing the crisis as...

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Economy

Asian Stocks Mixed Ahead of Trump-Xi Meeting

Asian stock markets traded mixed on Wednesday as investors remained cautious ahead of a closely watched meeting between U.S. President Donald Trump and Chinese President Xi Jinping. U.S. stock futures were also largely...

Asian Currencies Muted as Dollar Firms Ahead of Trump-Xi Summit

Most Asian currencies traded in narrow ranges on Wednesday as a firmer U.S. dollar and caution ahead of the Trump-Xi summit offset optimism stemming from falling oil prices. Regional trading volumes were subdued due to a...

Oil Prices Extend Losses as U.S.-Iran Talks Ease Supply Fears

Oil prices extended their decline for a sixth consecutive session on Wednesday as signs of diplomatic progress between the United States and Iran eased concerns over Middle East supply disruptions. Saudi Arabias efforts to...

Gold Prices Rise as Oil Slide Eases Fed Rate Hike Fears

Gold prices moved higher on Wednesday as a steep decline in oil prices eased inflation concerns and reduced expectations for additional interest rate increases from the U.S. Federal Reserve. Renewed signs of possible...

RBA Says ASX Still Falls Short on Governance and Risk Controls

The Reserve Bank of Australia said ASXs clearing and settlement facilities still fall short of regulatory expectations in several key areas, despite improvements made by the exchange operator over the past year. In its...

Politics

China Tightens Fentanyl Rules Ahead of Trump-Xi Summit

China has introduced new guidelines for handling criminal cases involving fentanyl-related substances, strengthening its legal framework for combating synthetic opioid crimes ahead of a high-profile meeting between Chinese...

Taiwan Vows to Advance US Arms Sales Ahead of Trump-Xi Meeting

Taiwan will maintain close communication with the United States to ensure planned arms sales move forward, a defence ministry official said Wednesday, as US President Donald Trump prepares to meet Chinese President Xi...

Macron Challenges Trump’s Gaza Peace Claims at UN

French President Emmanuel Macron challenged U.S. President Donald Trumps claims of achieving peace in Gaza on Tuesday, arguing that humanitarian access to the enclave had not improved despite the proclaimed agreement....

Russian Strikes Kill Eight Across Ukraine as Energy Sites Hit

Russian strikes across Ukraine killed eight people and damaged industrial and energy infrastructure on Tuesday as President Volodymyr Zelenskiy met U.S. President Donald Trump on the sidelines of the United Nations General...

Marco Rubio to Meet Russia’s Lavrov in New York

U.S. Secretary of State Marco Rubio is scheduled to meet Russian Foreign Minister Sergey Lavrov in New York City on Wednesday morning, according to the U.S. State Department, as diplomatic attention remains focused on the...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Scott Bessent Eyed as Trump’s New AI Czar

U.S. Treasury Secretary Scott Bessent is under consideration to become President Donald Trumps new artificial intelligence czar as Washington intensifies its focus on AI development, safety and national security. A source...

China Reviews Broadcom Switch Use in State Data Centres

China is reviewing the use of Broadcom switches in state-backed data centres as Beijing intensifies efforts to reduce dependence on foreign technology and promote domestic semiconductor and networking equipment suppliers,...

US Northeast Airports Resume Operations After Telecom Outage Disrupts Thousands of Flights

US airport operations across the Northeast began returning to normal on Monday after crews repaired telecommunications problems that had disrupted air traffic and contributed to thousands of flight delays and cancellations...

Burnham Eyes UK Leadership Role in AI Ahead of Trump Meeting

British Prime Minister Andy Burnham will push for the UK to take a global leadership role in artificial intelligence on Tuesday as he makes his first major appearance on the international diplomatic stage at the United...

OpenAI Urges US-Led Global Standards for Frontier AI

OpenAI is calling for the United States to lead an international effort to establish technical standards for advanced artificial intelligence, as concerns grow over increasingly capable AI systems and the prospect of...
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