World

For Speaker Kevin McCarthy, the honeymoon may be over.  The California Republican endured a torturous road to the Speakership in January but recovered quickly with a legislative agenda that’s highlighted GOP priorities, planted a marker on China policy, thrown Democrats on defense and even steamrolled President Biden into signing a contentious measure overturning Washington, D.C.’s,
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close Video Floridians try to navigate rising waters and flooding in Southern Florida Florida cars and pedestrians try to navigate flooding in Southern Florida. CREDIT: @Adam Horowitz/@UrbanCoroner/WEATHER TRAKER /TMX Nearly a foot of heavy rain in Fort Lauderdale, Florida, and subsequent flash flooding disrupted the city and forced the closure of its airport for several
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close video The Fed risks ‘overshooting’ its inflation, rate hike goals: Diane Swonk KPMG Chief Economist Diane Swonk says it’s important to remember rapid rate hikes can exacerbate market fragility. A high-stakes inflation report due Wednesday is expected to show that price pressures within the economy remained strong last month despite an aggressive interest rate
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Silicon Valley Banks (SVB) shocking collapse has paved the way for other banks and financial institutions to step up and meet the growing demand for venture debt. Following the SVB collapse, consistent with their entrepreneurial spirit, dozens of startups raced to provide alternatives. Platforms like StartEngine raced to expedite funding raises for affected startups, and
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There are currently over 410,000 brokerage firms in America offering a range of financial services. However, as more and more ordinary citizens start trading, the brokerage firms that succeed will likely be the ones that empower retail investors by offering cutting-edge access to the market. Around $362 billion in daily volume is traded on exchanges
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Leaked top secret documents revealing that Ukraine could run out of air-defense missiles within weeks are putting pressure on the Biden administration and NATO allies to increase support for the war effort, congressional sources say.   Ukraine’s dwindling supply of weapons also raises questions about whether Congress will need to pass another military aid package before
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Astronomers have spotted a runaway supermassive black hole, seemingly ejected from its home galaxy and racing through space with a chain of stars trailing in its wake.  According to the team’s research, which was published April 6 in The Astrophysical Journal Letters (opens in new tab) , the discovery offers the first observational evidence that
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Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy. Direct to your inbox. Sign up for the Morning Report newsletter Subscribe The Republican-controlled Tennessee state legislature
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SINGAPORE – Central banks will likely pause their quantitative tightening in 2023, but interest rates will remain higher for longer. The resultant tight credit conditions will impact corporate bottom lines. While inflation will moderate, tight supply-side conditions and labour shortages will keep prices sticky on the downside. However, the reopening of China presents huge opportunities
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The largest U.S. military leak in a decade is a serious blow to Ukraine’s war effort, creating an intelligence threat for that country’s forces ahead of an expected counteroffensive this spring.  Classified documents leaked on social media offer extensive details about munitions, training and air defense systems at a critical point in the fight. The
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