Author: Editor-In-Chief
Sen. Tammy Baldwin and U.S. Trade Representative Jamieson Greer.Al Drago | Graham Sloan | Bloomberg | Getty ImagesA group of Democratic senators plans to submit a series of demands to U.S. Trade Representative Jamieson Grier ahead of this summer’s mandatory joint review of the U.S.-Mexico-Canada Agreement.In a letter led by Sen. Tammy Baldwin (D-Wis.) and shared exclusively with CNBC before being sent late Wednesday, 15 Democratic senators told Greer “that any changes to the agreement must deliver meaningful and measurable benefits to American workers.” The USMCA, signed during President Donald Trump’s first term, is scheduled for review on July 1.…
Rep. Thomas Massie, one of President Donald Trump’s most vocal critics, lost the primary to Trump-backed former Navy SEAL Ed Galine, in a major political victory for the Republican leader.Massey had angered President Trump by publicly opposing military action against Iran, sponsoring legislation that led to the release of files related to convicted pedophile Jeffrey Epstein, and resisting some of the president’s policies. His loss in the most expensive U.S. House primary in history underscored Trump’s continued influence over the Republican Party and the political risks facing Republicans who have fallen out with him.Recommended stories list of 4 itemsend of…
Growing concerns over the course of the Iran war have pushed bond yields higher, and mortgage rates have followed suit.The average interest rate on a 30-year fixed loan rose 7 basis points to 6.75% on Tuesday, according to Mortgage News Daily. This is the highest level since July 31st. Interest rates have risen 33 basis points in the past 10 days alone, and are 46 basis points higher than the recent April low of 6.29%. This fall in April came after interest rates spiked at the start of the war, with rates jumping from 5.99% at the beginning of March…
Saturday, May 9, 2026 at a new residential development in Fontana, California, USA. Kyle Grillot | Bloomberg | Getty ImagesThe U.S. House of Representatives on Wednesday is poised to approve a bipartisan housing affordability bill that would limit large investors from buying single-family homes but allow them to build additional housing units.The bill has support from the White House after some last-minute changes balanced it between a Senate version that tightened restrictions on home ownership for large investors and a House version seen as more Wall Street-friendly.The bill won support from the rental, construction, and housing industries by removing a…
22V Research expects bond yields and oil prices to reach levels that will put a damper on the bull market, and the company warns that those levels are not far off. Investors surveyed expect a rise in the 10-year Treasury yield to 5% or oil prices above $115 a barrel to cause “demand destruction,” meaning gross domestic product growth will fall below 1% for multiple quarters, said Dennis Debouchere, the firm’s chief market strategist. The yield on the 10-year U.S. Treasury rose to its highest level since early 2025 on Tuesday and was last trading at about 4.65%. Deboucher said…
by Al Jazeera Staff, Reuters, Associated PressPublished May 20, 2026May 20, 2026Bert Jones and Rick Jackson have advanced to a runoff in the Georgia Republican gubernatorial primary, extending a bitter fight over who will represent the party in November’s midterm elections.Mr. Jones, the Georgia lieutenant governor, and Mr. Jackson, a health care billionaire, will face off again in a June 16 runoff after neither garnered enough support to win the nomination outright after Tuesday’s vote.Recommended stories list of 4 itemsend of listThe winner will seek to replace Republican Gov. Brian Kemp, who is barred from re-election due to term limits.President…
It is often said that fate works in mysterious ways. Deep within the Congo Basin in central Africa, the world’s second largest rainforest, this statement proves to be very true, but it’s also a giant pile of poop. The fates of an ebony tree, an endangered mammal, a community in Cameroon, and a major guitar manufacturer in the United States are all inextricably intertwined. But this future is not gleaned from tea leaves or stars, but gleaned from a new kind of divination tool: elephant dung. According to the International Union for Conservation of Nature (IUCN), the continental population of…
An Obamacare sign hangs outside an insurance agency in Miami on November 12, 2025.Joe Radle | Getty Images News | Getty ImagesThe number of people enrolled in the Affordable Care Act market could ultimately decline by about 5 million people compared to 2025, according to a new study, as Americans face steep cost burdens due to the expiration of federal health insurance premium subsidies.Marketplace enrollment could drop 21.5% from 22.3 million last year to about 17.5 million in 2026, according to KFF, a nonpartisan health policy research group. The analysis, released Tuesday, is based on federal data and premium payment…
AI adoption is on the rise in Singapore, with 52% of workers in the country using AI in their work, according to Slack’s new Workforce Index.Prime Images | E+ | Getty ImagesSingapore has a separate agreement google OpenAI strengthens its position as a global artificial intelligence hub, accelerating the adoption of AI across public services, healthcare, education, and the enterprise. The agreement announced on Wednesday includes a new national AI partnership with Google and the first memorandum of understanding between Singapore and OpenAI to establish an AI lab in Singapore. Under the partnership, OpenAI will invest more than S$300 million…
Drivers drive their vehicles near a large political banner depicting a missile being fired at the back of Iranian demonstrators in solidarity with the government in Tehran’s Variasr Square on April 6, 2026.Atta Kenare | AFP | Getty ImagesIran’s paramilitary Revolutionary Guards issued a strongly worded statement on Wednesday threatening to escalate the Middle East conflict “beyond the region” if the United States and Israel resume attacks on Tehran. In a statement carried by Iran’s semi-official Mehr news agency, Iran’s Revolutionary Guards Corps said that if the invasion of Iran is repeated, “the promised regional war will now extend beyond…