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JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Comex Gold Ends 1.4% Higher at $2412.20
Front Month Comex Gold for May delivery gained 1.4% to $2412.20 — a fresh record highThe Wall Street Journal - World -
Higher education is failing — and our democracy is suffering
Educators must grapple anew with the question of how to teach democracy, so that students master both the theory and the hands-on practice of it.The Hill - Politics -
Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
Nasdaq, S&P 500 Advance to Start Week
Stocks rose, with technology shares leading the way higher as the S&P 500 and Nasdaq Composite sought fresh record highs.The Wall Street Journal - World -
The crisis of confidence in higher education will not end with the student protests
Even as student protesters take down their encampments and go home for the summer, colleges and universities are left with much work to do if they are to regain the public’s trust in higher education.The Hill - Politics -
Higher Ed Has a Progressive Disease. Can It Be Reversed?
The prognosis seems grim, but I found signs of life as a proud father at Notre Dame’s commencement.The Wall Street Journal - World -
Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
How to immunize your bond ETF if interest rates turn higher
Tips to hedge a portfolio against interest rate fluctuations.MarketWatch - Business -
Gold Futures Set New Record on China Debt, Rate-Cut Hopes and Geopolitical Fears
Gold futures reached a new record settlement as Chinese investors flock to safe havens, rate-cut hopes grow and geopolitical tensions mount.The Wall Street Journal - World - China -
Americans must pay higher taxes if they want to keep a high standard of living
Financial challenges face the next U.S. president — but one candidate’s remedies would be a ‘train wreck.’MarketWatch - Business -
Energy bills predicted to fall by 7% in July
If the forecast proves correct, it would mean a typical annual bill could be £500 lower than last summer.BBC News - Top stories - Energy -
Schumer Announces Senate Will Vote Again on Border Bill
The bipartisan border enforcement compromise, blocked by Republicans in February, is all but certain to be thwarted again. Democrats aim to tag the G.O.P. as the culprit in its failure.The New York Times - Top stories - Senate -
Colorado governor signs sweeping AI regulation bill
Colorado will require developers of artificial intelligence (AI) to avoid discrimination in high-risk systems as part of a bill signed into law Friday by Gov. Jared Polis (D). The first-in-the-nation law adds requirements for developers of ...The Hill - Politics -
Senate Republicans introduce bill to protect IVF access
A Democratic-led effort to safeguard access to IVF failed earlier this year in the Senate.CBS News - Politics - Republican Party -
Schumer says he'll reintroduce bipartisan border bill
Senate Majority Leader Chuck Schumer says he will reintroduce the bipartisan border bill that Republicans previously blocked. House Republicans say the bill would be dead on arrival if sent to them.NBC News - Politics -
Biden speaks with Johnson and McConnell to push for border bill
President Biden on Monday talked with Speaker Mike Johnson (R-La.) and Senate Minority Leader Mitch McConnell (R-Ky.) as the White House pushes for a vote on a bipartisan border security bill in the Senate. The White House in a statement said ...The Hill - Politics - Joe Biden -
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Honduran city’s air pollution is almost 50 times higher than WHO guidelines
San Pedro Sula is rated ‘dangerous’ as effects of forest fires, El Niño and the climate crisis cause a spike in respiratory illnesses. The air quality in San Pedro Sula, the second-largest city in Honduras, as been classified as the most polluted ...The Guardian - World -
Ex-ministers warn UK universities will go bust without higher fees or funding
Exclusive: Vice-chancellors suggest fee rise of £2,000 to £3,500 a year, but others say that is ‘politically impossible’. Next government must make hard university funding decisions, fastVice-chancellors and former ministers are warning that the ...The Guardian - World - United Kingdom -
Zoom bumps its longer-term outlook higher, but near-term forecast comes up short
Zoom Video Communications Inc. on Monday bumped its full-year profit and sales forecast higher, after reporting first-quarter results that beat Wall Street’s expectations, helped by a broader artificial-intelligence rollout across the ...MarketWatch - Business -
DeSantis signs bill removing climate change considerations from Florida law
Florida Gov. Ron DeSantis (R) signed legislation Wednesday removing the requirement for the state to consider climate change in crafting energy policy and excises nearly all references to climate change in Florida law. The law, which passed the ...The Hill - Politics - Florida -
Georgian President Salome Zourabichvili says controversial foreign influence bill is 'unacceptable'
Georgian President Salome Zourabichvili says controversial foreign influence bill is 'unacceptable'ABC News - World -
Democrats rally against GOP Israel bill as leaders crack whip
Democrats are rallying to oppose a House GOP effort meant to expose their divisions on Israel as the party moves to align with President Biden, who has threatened to veto the measure, and their own leaders who are whipping against it. The ...The Hill - Politics - Israel -
Tester on suggestion immigration bill support motivated by election-year politics: 'Bulls---'
Montana Sen. Jon Tester (D) is dismissing the suggestion that his support for an immigration bill is motivated by election-year politics. “That’s bulls---,” Tester told Punchbowl News. "You can’t on one hand talk about how the border’s not secure, ...The Hill - Politics -
House passes GOP bill to force Biden to continue weapons transfers to Israel
House Republicans passed a bill to condemn Biden on his Israel policy, even after his admin notified Congress about a new $1 billion weapons deal.ABC News - Top stories - Joe Biden -
House passes GOP bill to undo Biden’s weapons freeze to Israel
The House approved a bill Thursday to reverse President Biden’s pause on some weapons shipments to Israel, a formal admonishment of the administration’s approach to the war in the Middle East that narrowly divided Democrats, who have struggled to ...The Hill - Politics - Joe Biden -
House Passes Bill to Force Biden to Reverse Israel Arms Pause
The legislation has no chance of advancing in Congress or being signed into law. Republicans scheduled a vote anyway in an effort to spotlight Democratic divisions over Israel and rebuke the president.The New York Times - Top stories - Joe Biden -
Congressmen introduce bipartisan police bill to reduce staff shortages
Two congressmen on opposite sides of the aisle are pushing new legislation aimed at helping law enforcement. The bill is designed to reduce law enforcement staffing shortages and strengthen the vetting of new police recruits. Democratic Rep. Salud ...CBS News - Top stories -
These 16 House Democrats bucked Biden, party leadership on Israel bill
Sixteen House Democrats voted to undo President Biden’s pause on some weapons shipments to Israel on Thursday, breaking with the White House and party leadership, who urged its members to oppose the GOP-led bill. The chamber approved the ...The Hill - Politics - Joe Biden -
Biden signs sweeping aviation safety, reform bill into law
President Joe Biden on Thursday signed sweeping aviation legislation that will boost U.S. air traffic controller staffing, increase funding to avert runway close-call incidents and speed up refunds for canceled flights.NBC News - Top stories - Joe Biden -
Democrats gear up to overhaul the Senate filibuster for major bills if they win in 2024
The fate of the Senate filibuster is on the ballot in the 2024 election, as Democrats rally around weakening it to codify abortion rights and bolstering federal voting rights.NBC News - Top stories -
Bill to ban most public mask wearing advances in North Carolina
North Carolina Republicans are pushing forward with their plan to repeal a pandemic-era law, citing crime and recent campus protests.CBS News - Politics -
House GOP releases $1.5 trillion farm bill proposal as clock ticks
House Agriculture Chair Glenn Thompson (R-Pa.) unveiled his long-awaited farm bill, teeing up the process of wedding the two chambers’ competing visions for the $1.5 trillion package underpinning the U.S. agriculture system. The committee is set ...The Hill - Politics -
Lawmakers Make End Run Around Speaker Johnson on Disaster Bill
A successful bipartisan effort to force a vote on disaster relief is just the latest example of how procedural norms have been upended in the House.The New York Times - Top stories -
The Truth Hurts — Especially When Bill Maher Dishes It Out
“Why can’t everybody live in my world, in the middle,” he says, “where we’re not nuts?”The New York Times - Top stories -
Member of Taiwan’s parliament steals bill to prevent its passage
Members of the Taiwanese legislature clashed in a chaotic brawl this week, resulting in members being tackled and hit, after a member attempted to steal a bill to prevent it from being passed. Lawmakers were seen leaping over tables and pulling ...The Hill - Politics -