Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP A former fugitive charged with stock manipulation in the bizarre case of a money-losing New Jersey deli once …
Read More »President Biden’s proposed 2024 budget calls for top 39.6% tax rate
President Joe Biden speaks about the U.S. response to the high-altitude Chinese balloon at the White House complex Feb. 16, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty Images President Joe Biden is proposing higher taxes on wealthy Americans to help cover priorities like Medicare and …
Read More »Biden’s budget proposal calls for boosting climate resilience funding
Joe Biden while speaking during the 2022 United Nations Climate Change Conference COP27 in Egypt. Gehad Hamdy | Picture Alliance | Getty Images President Joe Biden’s budget proposal for 2024 includes billions of dollars spread across federal agencies to combat climate change, with a bulk of investment going towards boosting …
Read More »U.S. says it doesn’t want to separate its economy from China’s
Tensions between the U.S. and China have escalated over the last few years. Teh Eng Koon | AFP | Getty Images BEIJING — The U.S. is pushing back on the idea it wants to suppress China and said it doesn’t want to separate the two economies, according to a State …
Read More »White House endorses Senate TikTok bill, urges Congress to pass soon
U.S. Senator Mark Warner (D-VA) and other U.S. senators unveil legislation that would allow the Biden administration to “ban or prohibit” foreign technology products such as the Chinese-owned video app TikTok during a news conference on Capitol Hill in Washington, March 7, 2023. Bonnie Cash | Reuters The White House …
Read More »New bill will give the Commerce Secretary the power to ban TikTok
U.S. Senator Mark Warner (D-VA) speaks to the media following a classified briefing for U.S. Senators about the latest unknown objects shot down by the U.S. military, on Capitol Hill in Washington, February 14, 2023. Evelyn Hockstein | Reuters A new bipartisan bill will empower the Secretary of Commerce to …
Read More »GOP opposition has ties to Trump allies, wealthy donors
A protester holds a sign during a youth climate strike outside of the BlackRock offices on December 06, 2019 in San Francisco, California. Justin Sullivan | Getty Images A group of Republican state financial officers gathered last February at a Hyatt hotel in downtown New Orleans to take aim at …
Read More »The U.S. and China have a culture clash around their telephone hotline
Flags of the U.S. and China displayed on a table ahead of a meeting. Jason Lee | AFP | Getty Images BEIJING — The politically important U.S.-China relationship is vulnerable to cultural differences — such as why a phone call doesn’t get picked up. After the U.S. shot down an …
Read More »Wounded soldier reflects on his recovery
NEW YORK — “He wants to know if he can shake your hand,” Roman Horodenskyi’s translator said as he stood beside the 20-year-old Ukrainian soldier. “He’s only had his arm for two weeks, so he’s still getting used to operating it,” his translator added during an interview with CNBC in …
Read More »FTX founder Sam Bankman-Fried faces new criminal charges
FTX co-founder Sam Bankman-Fried was hit with four new criminal charges on Thursday in a superseding indictment filed in New York federal court. A source familar with the new counts said that SBF, as he is popularly known, could face an additional 40 years in prison if convicted in the …
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