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U.S. economy is resilient, White House NEC Director Brian Deese says

The U.S. economy is showing “continued resilience” despite a predictable slowdown, a top White House economic advisor said Wednesday. National Economic Council Director Brian Deese said low rates of credit card delinquency and mortgage concerns point to resiliency in household balance sheets, while the labor market and the savings rate …

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Brits face sharpest fall in living standards on record as government tightens its belt

LONDON – Prime Minister Rishi Sunak congratulates Chancellor of the Exchequer Jeremy Hunt after he delivered his autumn statement to MPs in the House of Commons, announcing a host of tax rises and spending cuts in an effort to balance the country’s finances. House of Commons/PA Images via Getty Images …

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Nancy Pelosi to step down as House Democratic leader as GOP to take majority

House Speaker Nancy Pelosi announced Thursday she will not seek reelection to her congressional leadership role, ending a two-decade streak as the top House Democrat that saw her become the first woman to lead the chamber. Pelosi, speaking on the House floor, said she will remain a member of Congress …

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Targeting of Ukrainian energy grid is a war crime, Pentagon says

U.S. Secretary of Defense Lloyd Austin (L) and Chairman of the Joint Chiefs of Staff General Mark Milley (R) participate in a news briefing at the Pentagon May 23, 2022 in Arlington, Virginia. Alex Wong | Getty Images WASHINGTON – The Pentagon on Wednesday slammed Russia’s barrage of missile strikes across …

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House lawmakers call Sam Bankman-Fried, other executives, to testify at hearing on FTX collapse

CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December 8, 2021 in Washington, DC. Alex Wong | Getty Images House lawmakers are calling FTX founder Sam Bankman-Fried and other executives to Capitol Hill to testify …

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G-20 nations to condemn Russia’s Ukraine invasion as Lavrov watches on

NUSA DUA, INDONESIA – NOVEMBER 15: Minister of Foreign Affairs of the Russian Federation Sergey Lavrov arrives at the formal welcome ceremony to mark the beginning of the G20 Summit on November 15, 2022 in Nusa Dua, Indonesia. The G20 meetings are being held in Bali from November 15-16. (Photo …

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Biden objects to China’s ‘aggressive’ approach to Taiwan in three-hour meeting with Xi

US President Joe Biden (R) and China’s President Xi Jinping (L) shake hands as they meet on the sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on November 14, 2022. Saul Loeb | Afp | Getty Images U.S. President Joe Biden on Monday …

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Biden pledges he will work with Republicans

U.S. President Joe Biden answers a question during a news conference held after the 2022 U.S. midterm elections in the State Dining Room at the White House in Washington, November 9, 2022. Tom Brenner | Reuters President Joe Biden said Wednesday he is eager to work with congressional Republicans after …

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Disney CEO Bob Chapek prepares for GOP to become majority in Congress

Bob Chapek, Chief Executive Officer of Disney, speaks at the 2022 Disney Legends Awards during Disney’s D23 Expo in Anaheim, California, September 9, 2022. Mario Anzuoni | Reuters Disney is preparing for Republicans to take control of the House, as polls suggest the party has an edge over Democrats in …

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Accounts of rape, torture and executions by Russian troops

War crime prosecutor of Kharkiv Oblast stands with forensic technician and policeman at the site of a mass burial in a forest during exhumation on September 16, 2022 in Izium, Ukraine. Yevhenii Zavhorodnii | Global Images Ukraine | Getty Images News | Getty Images Editor’s note: The following article contains …

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