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McCarthy announces bid for Speaker with House majority yet to be called Minority Leader Kevin McCarthy (R-Calif.) has officially announced his bid for Speaker of the House, throwing his hat into the ring even as votes are still being counted to determine which party will control the lower chamber. McCarthy, who has long eyed the…
Trump apologizes to Melania, Hannity for ‘fictional stories’ over Oz backing Former President Trump on Thursday apologized to his wife Melania Trump and Fox News host Sean Hannity for reports circulating about their reaction to his endorsement of Republican Senate candidate Mehmet Oz, dismissing the accounts as “fictional stories.” “I’d like to apologize to Melania…
Jackson issues first Supreme Court opinion with dissent Justice Ketanji Brown Jackson on Monday issued her first opinion since joining the Supreme Court, writing a dissent over the court’s refusal to hear an appeal from a death row inmate. Jackson, the nation’s first Black female justice and the court’s only former public defender, expressed her…
Hoyer’s future hangs in limbo as likely shake-up looms in the House After 20 years as the No. 2 House Democrat, Rep. Steny Hoyer is facing an uncertain future. The House majority leader has given no sign he intends to bow out of party leadership next year, marking a contrast with Speaker Nancy Pelosi (D-Calif.),…
” Crypto no more in top 10 most-cited potential risks: US central bank report “ While proponents of traditional finance remain keen on dismissing Bitcoin (BTC) and the crypto ecosystem as financial risks, a survey conducted by the Federal Reserve Bank of New York — one of the 12 federal reserve banks of the United…
” Founders should consider VC firms their allies as they build in the bear market “ This year’s bear market trajectory should be looked upon as a favorable opportunity for Web3 founders to raise capital and build cutting-edge products. Some of the most robust businesses today were built during market downturns, and founders now have…
Liz Cheney makes waves on her way out of Congress Rep. Liz Cheney (R-Wyo.) is going out with a bang, ramping up her attacks on the pro-Trump forces in her own party with a highly public exit tour designed to prevent the same GOP leaders she once embraced from winning power next year. The Wyoming…
” Automation opens up pathway to a simplified, more user-friendly DeFi “ Few doubt the potential that DeFi has to redefine crucial aspects of finance for all. But, as it stands, using DeFi platforms and protocols is often time consuming and anything but easy. One of the biggest draws of DeFi are the yields users…
” Inflation is killing us; cryptocurrency alone cannot beat it “ Much like a pandemic, inflation has spread throughout the world, clouding the future with dark uncertainty. Disagreement over how to best manage soaring prices in the United Kingdom nearly caused its economy to collapse and subsequently led to the resignation of Prime Minister Liz…
Economy adds 261K jobs in October, unemployment ticks up The U.S. added 261,000 jobs in October and the unemployment rate rose slightly to 3.7 percent, according to data released Friday by the Labor Department. Economists expected the U.S. to add roughly 190,000 jobs last month and keep the unemployment rate steady at 3.5 percent, according…