Us Reaches Debt Limit Setting A June Deadline for Congress to Avert Default
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US senators reach deal on $1.2tn spending bill to avert government shutdown
Passing of the bill sparks backlash from Donald Trump’s supportersFinancial Times - World -
EU probes Apple, Meta and Alphabet under landmark new law
Big Tech groups are the first to face full investigations under bloc’s Digital Markets ActFinancial Times - Business - European Union -
Biden signs $1.2tn spending package as government shutdown is averted
Package passed Senate late Friday night by vote of 74-24, narrowly averting shutdown and banning Gaza aid through March 2025. President Joe Biden on Saturday signed into law a $1.2tn budget bill to keep the US government funded through a fiscal ...The Guardian - World - Joe Biden -
Sunday shows preview: House GOP infighting on full display as Congress narrowly averts shutdown
Congress narrowly avoided a government shutdown Saturday, sending the $1.2 trillion government funding bill to President Biden after a frantic week of negotiations, which will likely be the focus of this week’s Sunday talk shows. The House passed ...The Hill - Politics -
How the US Fight Against Apple Tests Antitrust Limits
The Justice Department’s lawsuit against the iPhone maker pushes the boundaries of competition rules. Some experts say that may make winning more difficult.The New York Times - Business - Apple -
Should you use a personal loan to pay off credit card debt?
Want to pay off high-interest credit card debt with a personal loan? Find out if that plan makes sense here.CBS News - Top stories -
Kamala Harris set to make first trip to Puerto Rico as VP as Democrats reach out to Latino voters
Vice President Harris' visit aims to highlight the administration's efforts to bolster the island's recovery and the impact of Puerto Rican culture around the world.CBS News - Politics -
FirstFT: Larry Fink warns of looming ‘retirement crisis’
Also in today’s newsletter, latest on Baltimore bridge collapse, and Donald Trump’s inner circleFinancial Times - World -
Bond giant Pimco favours gilts over US Treasuries amid inflationary pressure
Fund manager projects Fed will cut interest rates more slowly than other central banksFinancial Times - Business -
US faces Liz Truss-style market shock as debt soars, warns watchdog
Fiscal burden on ‘unprecedented’ path, says independent Congressional Budget Office headFinancial Times - Business - United Kingdom -
Budget watchdog warns US could suffer market shock over national debt
Congressional Budget Office (CBO) Director Phillip Swagel warned the United States could suffer a similar market shock as seen in the United Kingdom during former Prime Minister Liz Truss’s brief stint leading Britain, citing the nation's ...The Hill - Politics -
Appeals court scales back bond due in Trump fraud case and sets new deadline
Former President Donald Trump will not have to obtain a bond of $464 million to appeal the judgment against him in the civil fraud trial, a New York appeals court ruled Monday.CBS News - Politics - Donald Trump -
LSU rallies to reach Sweet 16 after Kim Mulkey’s tirade: ‘I’m not going to let one sleazy reporter distract us’
Kim Mulkey went off and threatened to sue The Washington Post on Saturday over an apparent unpublished article about her.Yahoo Sports - Sports -
Instagram moves to limit political content
Instagram has moved to limit political content, with users now having to go into their settings on the app to turn the limiting feature off. Users of the popular social media platform now have to go into their settings under “[c]ontent ...The Hill - Politics -
Church limited Clapham attacker's attendance
Abdul Shokoor Ezedi's won asylum in 2020 but new documents detail a sexual assault conviction in 2018.BBC News - Top stories -
Why a Fed rate cut in June is not yet a done deal
An interest-rate cut at the Federal Reserve’s June meeting, though now widely expected, should not be viewed as decision that has already been made, Fed watchers say.MarketWatch - Business - Federal Reserve -
Fisker warns of possible ‘event of default’ following NYSE move to delist stock
The New York Stock Exchange on Monday said it would begin the delisting process for Fisker Inc. stock — a move the struggling electric-vehicle maker said would trigger an “event of default” on some of its convertible debt due next year.MarketWatch - Business -
WSJ reporter Evan Gershkovich's detention in Russia extended to June 30
Evan Gershkovich was arrested in March 2023 and accused of "acting on the instructions of the American side" and collecting state secrets about the military.ABC News - Top stories - Russia -
Trump says he would testify in hush money trial; court lowers bond in fraud case to $175m for now – live
Former president makes statement after judge says trial will begin on 15 April; New York appeals court reduces bond and gives Trump 10 days to pay it. Trump told to pay $175m bond in 10 days in civil fraud caseTrump hush-money trial start date set ...The Guardian - World - Donald Trump -
Two bodies recovered from water under collapsed Baltimore bridge
The bodies of two people were recovered from a vehicle in the waters where the Baltimore bridge collapsed.BBC News - Top stories -
How to consolidate credit card debt
Debt consolidation can help you pay off your credit cards faster. Learn more about consolidating your debt here.CBS News - Top stories -
What is a good debt-to-income ratio?
Your debt-to-income (DTI) ratio is a deciding factor in loan approvals and terms. But what is a good DTI ratio?CBS News - Top stories -
One Purple State Is ‘Testing the Outer Limits of MAGAism’
North Carolina Republicans are “in the running for the most MAGA party in the nation.”The New York Times - Top stories -
Twitch to further limit sexual content, again
Twitch is further limiting sexually suggestive content in yet another change to its rules around the subject.NBC News - Top stories -
Biden signs $1.2 trillion government funding package, averting partial shutdown
The Senate passed the $1.2 trillion government funding bills early Saturday in a 74-24 vote.ABC News - Top stories - Joe Biden -
Biden signs $1.2 trillion spending package, averting shutdown
The package fully funds the government through September 2024.CBS News - Politics - Joe Biden -
U.S. Senate averts partial government shutdown with late-night legislative package
The U.S. Senate passed an eleventh hour legislation package that thwarted a partial government shutdown. The $1.2 trillion package passed in a 74-24 vote.CBS News - Politics -
Senate passes funding bill to avert partial government shutdown
The Senate passed the $1.2 trillion funding package early Saturday after a last-minute agreement, averting a partial government shutdown.CNN - Top stories -
MLB, players association agree to place Wander Franco, accused of sexual abuse, on administrative leave through June 1
MLB, players association agree to place Wander Franco, accused of sexual abuse, on administrative leave through June 1ABC News - Sports -
Rays' Wander Franco placed on administrative leave through June 1 as sexual abuse probe continues
Tampa Bay All-Star shortstop Wander Franco was placed on administrative leave through June 1 under an agreement between Major League Baseball and the players’ association while the investigation continues in an alleged relationship with a minorABC News - Top stories -
Rays’ Wander Franco placed on administrative leave through June 1 as sexual abuse probe continues
MLB is likely to wait until the Dominican investigation is concluded before deciding whether there will be any discipline.Yahoo Sports - Sports -
China Evergrande Drops Debt Restructuring Applications in U.S.
The developer had sought a New York court’s approval last August to restructure more than $19 billion in offshore debt via Chapter 15 bankruptcy filings.The Wall Street Journal - World - China -
Atos Uncertain Over Its Future as Debts Rise
Atos warned of uncertainty about its ability to continue after its debt grew and its losses widened on an impairment charge.The Wall Street Journal - World -
Atos Uncertain Over Its Future as Debts Rise
Struggling French IT company Atos flagged concerns over its ability to continue after a mounting debt pile and deeper net loss compounded recent failures to shed assets.The Wall Street Journal - Business -
Tax Refunds Are Here and Destined for the Growing Pile of Debt
With credit-card debt at record levels and more households falling behind on loans, tax refunds are helping people make ends meet.The Wall Street Journal - World -
Singapore has lessons for countries worrying about debt
Tight fiscal rules can prevent the kind of investment which has helped the city state to thriveFinancial Times - World -
Charge of £90 to clear problem debt axed for poorest
Charities had warned some people struggling with debt could not afford to apply to clear it.BBC News - Top stories -
Breyer indicates support for age limits for Supreme Court Justices
Former Supreme Court Justice Stephen Breyer said Sunday that he would back age limits for justices, claiming the controversial policy would have helped his own decision-making about his retirement in 2022. “I don't think that's harmful,” he said ...The Hill - Politics -
The Lord of the Rings: Rings of Power Expanded Soundtrack Limited To 1,000 Copies
If you watched The Lord of the Rings: The Rings of Power and particularly enjoyed the music, you might be happy to learn Mondo is creating a special-edition complete soundtrack collection--and it's launching soon.. Created by Mondo in partnership ...GameSpot - Tech -
Limits placed on removal of land from food production in England
Government restrictions come after farmers raise concerns over domestic food securityFinancial Times - World