Author: Press Room
A version of this story first ran in July. It also appears in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. CNN — Let’s start with the positive: Republicans and Democrats are coming together to protect same-sex marriage from the Supreme Court. The Respect for Marriage Act, which safeguards the right to same-sex marriage nationwide, passed the House with bipartisan support earlier this week and now awaits a Senate vote. The Respect for Marriage Act codifies marriages and came about amid worries among Democrats that the same conservative majority on the Supreme Court…
Our experts answer readers’ investing questions and write unbiased product reviews (here’s how we assess investing products). Paid non-client promotion: In some cases, we receive a commission from our partners. Our opinions are always our own. An Individual Retirement Arrangement (IRA) is a type of retirement account for individuals that provides various tax advantages. Depending on which type of IRA you have, you contribute either pre- or post-tax dollars and invest the funds. IRAs come with more investment flexibility than 401(k)s, which are employer-sponsored plans. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Rats can imagine places they are not in and objects they cannot see, according to research that suggests the smart rodents evoked in Hollywood films such as Ratatouille may be less fanciful than they appear. Virtual reality analysis of the mammals’ brain activity showed they developed the ideas of going to previously visited locations and moving items they recognised from one area to another, says the paper published by Science on Thursday. The work by experts at the Howard Hughes Medical Institute in the…
© Reuters. FILE PHOTO: Janet Yellen, United States Secretary of Treasury, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023. Seth Wenig/Pool via REUTERS/File Photo By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Thursday sought to reassure Asian countries that the U.S. approach to China will not lead to a ‘disastrous’ division of the global economy that would force them to take sides. In a speech ahead of the U.S.-hosted Asia Pacific Economic Cooperation Summit in San Francisco later this month, Yellen said that a full de-coupling of the U.S. and Chinese…
© Reuters. Affirm shares jump as company expands Amazon (AMZN) partnership Amazon (NASDAQ:) and Affirm Holdings (NASDAQ:) announced an expanded partnership on Thursday that will see Affirm become the first pay-over-time option available at checkout on Amazon Business. Affirm shares jumped on the news, currently up more than 17%, trading around the $20.70 per share mark. Amazon’s business-to-business (B2B) store, which helps businesses digitize and automate procurement, will now allow customers to split the total cost of eligible purchases and pay over time using Affirm without late or hidden fees. Amazon Business said it will begin rolling out Affirm on…
PIMCO California Municipal Income Fund III declares $0.0295 dividend
Desmond Mills Jr., one of five former Memphis police officers charged in connection with the brutal beating and death of Tyre Nichols, pleaded guilty in federal court on Thursday to two felony charges of obstruction of justice and excessive force.He is the first of the five officers indicted on federal charges by a grand jury in September to plead guilty. As part of a plea deal with federal prosecutors, he must fully cooperate with a separate state case against the officers that includes charges of second-degree murder. His cooperation is expected to include pleading guilty to at least some of…
WASHINGTON, DC – JUNE 14: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news … [+] conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on June 14, 2023 in Washington, DC. After a streak of ten interest rate increases, Powell announced that rates will remain steady and unchanged. (Photo by Drew Angerer/Getty Images)Getty Images The Federal Reserve after holding rates steady at 5.25% to 5.5% on November 1 continues to outline potential scenarios for higher interest rates. Fed Chair Jerome Powell stated at the post-meeting press conference, “the…
WASHINGTON, DC – NOVEMBER 02: U.S. President Joe Biden in the Oval Office at the White House … [+] November 02, 2023 in Washington, DC. Biden has directed the Education Department to create a new student loan forgiveness plan. (Photo by Chip Somodevilla/Getty Images)Getty Images The Biden administration is working on a new student loan forgiveness plan. And borrowers who face significant hardships could potentially qualify for relief. The new program, designed to replace Biden’s first mass student debt relief initiative that was rejected by the Supreme Court, is currently being developed by the Education Department. Earlier this week, the…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Indian infrastructure tycoon Gautam Adani’s flagship company withstood a collapse in coal trading revenues to post a rise in quarterly operating profits, in results published Thursday. While higher taxes and other issues pushed down Adani Enterprises’ net profits, reduced inventories and unusually high margins in coal trading helped the company generate operating profits of Rs21bn ($252mn) in the three months to September, up from Rs16bn in the same quarter last year. The resilient performance came even as overall revenues for the company’s…