[ad_1] CNN — Senate GOP leader Mitch McConnell has engineered ways out of a devastating debt default in the past. This time may be different – at least for now. Facing the riskiest debt ceiling standoff in a dozen years, Senate Republican leaders are planning to take a backseat role …
Read More »Pandemic unemployment benefits fraud likely tops $60 billing. House GOP to start investigating next week
[ad_1] CNN — More than $60 billion may have been paid out in fraudulent unemployment insurance benefits during the Covid-19 pandemic, according to a report released Monday by the US Government Accountability Office. The watchdog agency, however, warned that the estimate has limitations and should be interpreted with caution. The …
Read More »Boeing’s role in building NASA’s new rocket
[ad_1] Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. New York CNN Business — In the fervor-filled days leading up to the November 16 launch of the long-awaited Artemis I mission, an uncrewed trip around the moon, some …
Read More »How the blare of a crypto mine woke up this Blue Ridge Mountain town
[ad_1] Murphy, North Carolina CNN — When Judy Stines first heard about cryptocurrency, “I always thought it was smoke and mirrors,” she said. “But if that’s what you want to invest in, you do you.” But then she heard the sound of crypto, a noise that neighbor Mike Lugiewicz describes …
Read More »Opinion: The debt ceiling debate reveals how House Republicans are weaponizing the government
[ad_1] Editor’s Note: Julian Zelizer, a CNN political analyst, is a professor of history and public affairs at Princeton University. He is the author and editor of 25 books, including the New York Times best-seller, “Myth America: Historians Take on the Biggest Lies and Legends About Our Past” (Basic Books). …
Read More »Analysis: Every American could feel the pain of Washington’s debt ceiling showdown
[ad_1] CNN — Every American could get hurt if the new hardline Republican House’s dangerous game of roulette with a still vulnerable economy backfires. The nation reaches a first, critical threshold Thursday in the brewing Washington showdown over the national debt that could define the tenure of the new GOP …
Read More »Debt ceiling: 6 things you should know as the deadline looms
[ad_1] CNN — The clock is now ticking on the nation’s debt ceiling drama. The US is expected to hit its borrowing cap as soon as Thursday, though it will not immediately start to default on its debt and set off a financial crisis. But it does mean that Congress …
Read More »BOJ policy meeting: Japan decides to maintain ultra-easy policy, leaves yield curve control targets unchanged
[ad_1] Hong Kong CNN — The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-easy monetary policy, defying market expectations that rising inflation could force the central bank to move away from low interest rates. The BOJ kept its yield curve control (YCC) targets unchanged …
Read More »China's economy expanded by 2.9% in last quarter of 2022
[ad_1] China’s economy expanded by 2.9% in the fourth quarter of 2022, the country’s National Bureau of Statistics announced on Tuesday. [ad_2] Source link
Read More »Covid broke supply chains. Now on the mend, can they withstand another shock?
[ad_1] Minneapolis CNN — The pandemic dislodged the global supply chain, hurling once smoothly running businesses, industries and economies into a state of disarray. After almost three years of enduring wild swings and extremes, the system is slowly getting up to speed and into better sync: Ocean freight timelines are …
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