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U.S. Federal Reserve Chair Jerome Powell faced an uncharacteristically hostile congressional hearing on Tuesday in which lawmakers demanded more action in response to perceived lapses over everything from ethics and diversity to inflation and financial regulation, and a prominent Democrat said she would not back him for another term. The most pointed moment came when Senator Elizabeth Warren of Massachusetts, a vocal critic of the Fed's oversight of Wall Street under Powell, called him a "dangerous man" to head the central bank. For Powell his appearance before the committee - notionally to discuss the Fed's response to the coronavirus pandemic - was the latest chapter in one of the choppier stretches he has endured as the central bank's chief, just as the White House weighs whether to retain him in the role.
The company plans initially to launch with a utilitarian version of the Grenadier for business customers - which should make up the majority of sales of the four-wheel drive vehicle - and a more comfortable passenger version. INEOS Automotive is also working on a pickup truck version of the Grenadier, which will be crucial for the North American market.
Most Republicans in Congress are determined to put former President Trump first and America last. Democrats should put America first: Compromise
NEW YORK, Sept. 28, 2021 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of PayPal Holdings, Inc. (NASDAQ: PYPL) between February 9, 2017 and July 28, 2021, inclusive (the “Class Period”), of the important October 19, 2021 lead plaintiff deadline. SO WHAT: If you purchased PayPal securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrang
Biden canceled a Chicago trip to focus on budget talks as Dems try to extend federal government funding past Thursday and raise the debt limit before Oct. 18.
CHESTER, Mont. (AP) — Trevor Fossen was running late for a wedding Saturday afternoon when he turned onto a dusty, gravel road in rural Montana as a westbound train approached the crossing in front of him. The train never made it to the crossing. The next thing Fossen saw was a wall of dust fill the sky. “I started looking at that, wondering what it was, and then I saw the train had tipped over and derailed,” said Fossen, a 29-year-old farmer. It was an Amtrak Empire Builder en route from Chicag
Japan's ruling party votes for a new leader on Wednesday who will almost certainly become the next prime minister ahead of a general election due in weeks and with the economy staggering from the COVID-19 pandemic. Prime Minister Yoshihide Suga, his support in tatters ahead of the election, in a surprise move said he would step down after only a year as the Liberal Democratic Party (LDP) leader at a scheduled Sept. 29 party vote. The new party chief is expected to become the next prime minister as the LDP holds a majority in the parliament's powerful lower house, but the contest has created political uncertainty in Japan with four candidates.
The gap in racial disparities in COVID-19 vaccination rates is closing. Latest news.
The United States has reached out to China diplomatically about reducing its purchases of Iranian crude oil, U.S. and European officials said on Tuesday, as Washington seeks to persuade Tehran to resume talks about reviving the 2015 nuclear deal. Purchases of Iranian oil by Chinese companies are believed to have helped keep Iran's economy afloat despite U.S. sanctions that are designed to choke off such sales to put pressure on Iran to curb its nuclear program. "We are aware of the purchases that Chinese companies are making of Iranian oil," said a senior U.S. official who spoke on condition of anonymity because of the sensitivity of the matter.
Investors were bracing for potential market turbulence on Wednesday as a bond coupon payment for China Evergrande Group comes due, giving the embattled property developer its next test in public markets. Once the face of China's frenzied building boom, Evergrande has now become the face of a crackdown on developers' debts that has spurred volatility in global markets and left large and small investors sweating their exposure. While it does not have any more onshore or offshore bonds maturing this year, it must still make coupon payments for offshore bonds totalling $547.57 million by Dec. 28.
Craig’s sure-footed tenure as Bond has been moulded heavily on the Jason Bourne saga.
In their first appearance before Congress since the withdrawal of all U.S. forces from Afghanistan, the nation's top military leaders candidly admitted to lawmakers that they had recommended to President Joe Biden that the U.S. should keep a troop presence there, appearing to contradict his assertions. The testimony by Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, and Gen. Frank McKenzie, the commander of U.S. Central Command, was at odds with Biden's comments earlier this year to ABC News' George Stephanopoulos that his military commanders did not recommend keeping a residual force. The revelations came during at a six-hour hearing before the Senate Armed Services Committee where Milley also characterized that the U.S. military mission in Afghanistan had been "a strategic failure" and Defense Secretary Lloyd Austin acknowledged that it was time to acknowledged some "uncomfortable truths" about the two decade U.S. military mission in Afghanistan.
Bethenny Frankel said she’s “not apologizing” after social media users called out her offensive comments on a recent podcast episode
BRASILIA, Brazil (AP) — A Brazilian health care provider focused on elderly people has been targeted by a Senate investigation for allegedly obliging its doctors to prescribe drugs that aren't effective in treating COVID-19. Lawyer Bruna Morato, who represents 12 whistleblowing doctors currently or previously employed by the company Prevent Senior, told lawmakers on Tuesday her clients were repeatedly told to choose between prescribing chloroquine to COVID patients, along with other dubious subs
Melanie Newman made history earlier this season when she was part of Major League Baseball's first all-women's broadcast. On Wednesday, the Baltimore Orioles announcer will receive a bigger national stage when she teams up with Jessica Mendoza on ESPN. Newman and Mendoza will call a key NL West matchup between the San Diego Padres and Los Angeles Dodgers.
Finally released after a lengthy delay, Craig takes James Bond to exciting, emotional places where the character has rarely, if ever, traveled
NEW YORK, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Hennessy Capital Investment Corp. VI (the “Company”) announced today that it priced its initial public offering of 30,000,000 units at $10.00 per unit. The units will be listed on The Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “HCVIU” beginning tomorrow, Wednesday, September 29, 2021. Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant, each whole warrant enabling the hol
New Mexico schools announce COVID-19 testing opportunities.
Avista’s proposed tax customer credit results in no rate change for customers effective Oct. 1, 2021 while providing Avista with necessary cost recoverySPOKANE, Wash., Sept. 28, 2021 (GLOBE NEWSWIRE) -- Avista’s (NYSE: AVA) electric and natural gas general rate cases have concluded, with an order from the Washington Utilities and Transportation Commission (Commission or UTC) that approved the partial, multi-party settlement filed in June 2021, resolves all other remaining issues, and that will k
James Bond is back. And better still, he’s back as producers Barbara Broccoli and Michael G. Wilson always intended: on the big screen. At the world premiere of “No Time to Die” at London’s Royal Albert Hall on Tuesday, the uncertainty of where the franchise is headed after 15 years led by Daniel Craig, or […]