Author: Press Room

Here’s what we’re watching in transition world today: 🗓️ What we’re watching Despite avoiding a government shutdown last week, Speaker Mike Johnson is in hot water with President-elect Donald Trump, Rachael Bade reports this morning. Without Trump’s explicit support, it’s unlikely that Johnson could maintain the speaker’s gavel in the next Congress. California Democrats are figuring out their approach to Trump, as well as changes to their own political landscape, David Siders writes. Trump is sparring with the president of Panama after the president-elect suggested during a speech he wanted the U.S. to once again control the Panama Canal. Panamanian…

The companies are accused of opening expensive bank accounts for delivery drivers without their consent. Read More Source link

New claims about cosmology.  Paper here.  Big if true.  It seems the key innovation is to make time pass at varying speeds in different parts of the galaxy? The post New claims about cosmology appeared first on Marginal REVOLUTION. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK Serious Fraud Office spent £16.2mn on its botched corruption investigation into the oil consultancy Unaoil, almost a third of which went to compensate three executives it improperly prosecuted, according to data it was forced to disclose by a tribunal. The years-long probe into corrupt oil and gas deals fixed by Monaco-based Unaoil resulted in tensions with the agency’s US counterparts, a critical UK government review, and the acquittal of three defendants because they did not receive a fair trial.The SFO spent…

By Harry Robertson LONDON (Reuters) -Euro zone government bond yields rose to their highest level in around a month on Monday as investors continued to try to gauge the outlook for central bank rate cuts in 2025. The Federal Reserve last week put upward pressure on U.S. government bond yields, which set the tone for other markets around the world, when policymakers said they now expect to cut rates twice in 2025, down from a previous estimate of four cuts. Germany’s yield, the benchmark for the euro zone, rose to 2.327% on Monday, the highest level since Nov. 22, up…

WASHINGTON (Reuters) -The U.S. consumer finance watchdog accused Walmart (NYSE:) and the workforce payments company Branch Messenger on Monday of forcing more than a million delivery drivers into using accounts that cost them more than $10 million in junk fees. The Consumer Financial Protection Bureau said in a lawsuit that Walmart had told “last mile” drivers in its Spark Driver program it would fire them unless they collected their pay in Branch accounts opened without their consent, the agency said. “Companies cannot force workers into getting paid through accounts that drain their earnings with junk fees,” CFPB Director Rohit Chopra…

Global X Enhanced All-Equity Asset Allocation ETF declares CAD 0.04 dividend

Russia’s railway industry is in the midst of a big downturn, according to one Russian research firm.Investment in Russia’s railways is being slashed by nearly a third next year, TASS reported.It complicates Russia’s trade with China, which has relied partly on rail transport.One of Russia’s key trading channels with China is facing serious snags. That’s a result of burdens stemming from Russia’s war-driven economy, which have fueled a big slowdown in the nation’s rail industry — a vital means of trade between Moscow and Beijing.Russia’s rail industry is in its worst slowdown since the Great Financial Crisis, with the downtrend…

In April, Democratic Rep. Josh Gottheimer called a press conference in front of a Planned Parenthood office in northern New Jersey to announce new legislation designed to protect women. Gottheimer, who was widely known to be planning a run for governor, said the bill was in response to a push by anti-abortion groups to use the 151-year-old Comstock Act to ban the mailing of mifepristone — a drug used to induce abortions and treat miscarriages. “Let’s be clear: without access to safe and legal reproductive health care, women will die,” Gottheimer said at the time. But eight months later, the…

The automatic deposits will be issued “later this month” and should arrive “in most cases” by late January 2025. Read More Source link