Bipartisan tax bill clears key congressional hurdle, teeing up potential House vote

Bipartisan tax bill clears key congressional hurdle, teeing up potential House vote

Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | Reuters WASHINGTON — A $78 billion tax package with major benefits for companies took a significant step towards becoming law on Friday, when a key House panel overwhelmingly … Read more

Biden admits airstrikes on Houthis aren’t working

Biden admits airstrikes on Houthis aren’t working

Houthi followers lift rifles and shout slogans against the U.S.-U.K. during a tribal gathering on January 14, 2024 on the outskirts of Sana’a, Yemen. Mohammed Hamoud | Getty Images DUBAI, United Arab Emirates — Yemen’s Houthi rebels are enthusiastically “confronting America directly,” the organization’s leader said in a televised speech, vowing to continue the group’s … Read more

Biden to forgive $4.9 billion in student debt for 73,600 borrowers

Biden to forgive .9 billion in student debt for 73,600 borrowers

US President Joe Biden speaks at Abbotts Creek Community Center during an event to promote his economic agenda in Raleigh, North Carolina, on January 18, 2024.  Saul Loeb | AFP | Getty Images The Biden administration announced on Friday that it would forgive $4.9 billion in student debt for 73,600 borrowers. The relief is a … Read more

Ukraine dismisses Trump-Putin relationship, brushes off U.S. election fears

Ukraine dismisses Trump-Putin relationship, brushes off U.S. election fears

Minister of Foreign Affairs of Ukraine Dmytro Kuleba attends a joint briefing with Minister of Foreign Affairs of the Netherlands Hanke Bruins Slot. Future Publishing | Getty Images Ukraine’s Foreign Minister Dmytro Kuleba told CNBC Thursday that he does not think there would be a big shift in support away from his country if Donald … Read more

E. Jean Carroll testifies after ex-president, judge clash

E. Jean Carroll testifies after ex-president, judge clash

E. Jean Carroll enters Manhattan Federal Court, in the second civil trial after she accused former U.S. President Donald Trump of raping her decades ago, in New York City, U.S., January 18, 2024.  Shannon Stapleton | Reuters The writer E. Jean Carroll resumed testifying Thursday in her civil defamation trial stemming from sexual assault claims … Read more

U.S. executives see a Trump victory in 2024

U.S. executives see a Trump victory in 2024

Republican presidential candidate and former U.S. President Donald Trump gestures as he takes the stage at his caucus night watch party in Des Moines, Iowa, U.S., January 15, 2024.  Evelyn Hockstein | Reuters DAVOS, Switzerland — Global business leaders may be in the snowy hills of Switzerland, but their conversations keep returning to Washington, D.C. … Read more

White House eager to take credit for retail sales bounce

White House eager to take credit for retail sales bounce

U.S. President Joe Biden delivers remarks on the U.S. economy and his administration’s effort to revive American manufacturing, during his visit in Flex LTD, a factory that makes solar energy microinverters, in West Columbia, South Carolina, U.S. July 6, 2023.  Jonathan Ernst | Reuters The White House eagerly took credit Wednesday for December’s strong retail … Read more

Biden hosts Speaker Johnson, Sen. Schumer, push Ukraine, Israel aid

Biden hosts Speaker Johnson, Sen. Schumer, push Ukraine, Israel aid

Senate Majority Leader Charles Schumer, D-N.Y., left, and Speaker of the House Mike Johnson, R-La., attend a Menorah lighting to celebrate the eight-day festival of Hanukkah, in the U.S. Capitol on Tuesday, December 12, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images President Joe Biden hosted Speaker Mike Johnson and Senate Majority Leader … Read more

Jamie Dimon praises Trump, warns MAGA criticism could hurt Biden

Jamie Dimon praises Trump, warns MAGA criticism could hurt Biden

JPMorgan Chase CEO Jamie Dimon on Wednesday praised former President Donald Trump’s record and admonished Democrats to be “more respectful” of Trump’s supporters, or else risk hurting President Joe Biden’s reelection bid. “I wish the Democrats would think a little more carefully when they talk about MAGA,” Dimon said on CNBC’s “Squawk Box,” referencing Trump’s … Read more

Ron DeSantis super PAC lays off staff after Trump wins Iowa caucus

Ron DeSantis super PAC lays off staff after Trump wins Iowa caucus

Florida Gov. and Republican presidential candidate Ron DeSantis looks on at his Iowa caucus watch party in West Des Moines, Iowa, on Jan. 15, 2024. Brendan Mcdermid | Reuters A super political action committee supporting Ron DeSantis in the Republican presidential primary is laying off staff as it shifts its operation out of Iowa following … Read more