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The S&P 500 finally broke through a key level. Now what?
The S&P 500 finally broke through a key level. Now what?
The S&P 500 index on Friday closed at its highest level in almost a year. But that doesn't mean that stocks are poised for a bull run just yet.
2023-06-04 20:01
Greek vote shows public mellowing from crisis-era anger
Greek vote shows public mellowing from crisis-era anger
By Michele Kambas and Renee Maltezou ATHENS A resounding defeat of radical parties in Greece's election on Sunday
2023-05-22 22:23
Influencer arrested over TikTok video satirizing wealthy Emiratis in Dubai shows limits on freedoms
Influencer arrested over TikTok video satirizing wealthy Emiratis in Dubai shows limits on freedoms
A popular online influencer has been arrested in Dubai over a satirical TikTok video in which he portrays a brash Emirati on a spending spree inside a luxury car showroom
2023-07-13 13:07
China’s deflation a near-term positive for Western central banks - PIMCO
China’s deflation a near-term positive for Western central banks - PIMCO
By Davide Barbuscia NEW YORK (Reuters) -Deflationary pressures in China could spill over into global markets, which is potentially near-term
2023-08-16 22:30
Titan sub CEO dismissed safety warnings as 'baseless cries', emails show
Titan sub CEO dismissed safety warnings as 'baseless cries', emails show
Warnings over the sub's safety were dismissed by OceanGate's CEO, emails seen by the BBC show.
2023-06-24 00:04
Biden condemns Supreme Court striking down affirmative action: ‘This is not a normal court’
Biden condemns Supreme Court striking down affirmative action: ‘This is not a normal court’
President Joe Biden on Thursday said he “strongly, strongly disagree[d” with the Supreme Court’s decision to strike down the use of affirmative action programmes in college admissions decisions and condemned the six-justice majority that did so as “not a normal court”. Mr Biden’s harsh words for the highest court in the land came in response to a reporter’s query on whether the court was acting as a “rogue court,” just after he addressed the landmark decision in brief remarks before departing the White House for New York. Speaking from the Roosevelt Room in the West Wing, the president echoed the dissenting Justices, Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson, in his reaction to the ruling, which ends the long-standing precedent that allowed colleges and universities to use affirmative action to help establish a diverse group of accepted students. “Discrimination still exists in America. Today’s decision does not change that,” Mr Biden said in a brief press conference. He added: “I believe our colleges are stronger when they’re racially diverse. Our nation is stronger because we are tapping into the full range of talent in this nation. We cannot let this decision be the last word.” The rulings come from two consolidated cases, Students for Fair Admissions v University of North Carolina and Students for Fair Admissions v Harvard College. Both cases were brought forth by the anti-affirmative action organisation Students for Fair Admissions. That group, which is headed by conservative legal strategist Edward Blum, has for years made attempts to give the court’s GOP-appointed majority a chance to gut previous court precedents which have been used to justify limited use of race-based preferences in college admissions. While the court upheld such programmes in a decision nearly two decades, ago, the newly-emboldened conservative majority swept away any legal justification for them in Thursday’s opinions. In a 6-3 and 6-2 decision, the Court’s conservative majority sided with Students for Fair Admissions claiming the use of race-conscious admissions was a violation of the Equal Protection Clause of the 14th Amendment. Now, higher education institutions will no longer be allowed to consider race as a factor in admissions. Instead, students who wish to have their race or culture considered in their application will have to volunteer the information like in their personal essay. At the end of the press conference, Mr Biden responded to a question about the court’s decision to strike down a long-standing precedent: “This is not a normal Court.” Leaders from Harvard said in a letter that they would “comply” with the court’s decision but emphasised that “deep and transformative teaching, learning, and research depend upon a community comprising people of many backgrounds, perspectives, and lived experiences.” Mr Biden said he is directing the Department of Education to analyse best practices for high education institutions to create more inclusive and diverse student bodies without using race as a conscious factor in admissions and recruiting. The Harvard Black Students Association called the court’s decision, “detrimental”, adding that it “poses a significant threat to the future of the Black community on and beyond our campus.” “It is evident that the college application system cannot maintain holistic evaluation without taking into consideration how race profoundly influences our experiences, perspectives, and identities in multifaceted ways,” the Harvard Black Students Association wrote. Derrick Johnson, the president and CEO of the NAACP, said in a statement: “In a society still scarred by the wounds of racial disparities, the Supreme Court has displayed a willful ignorance of our reality.” Discussions around affirmative action have generated debate among Republicans and Democrats for years. Those in support of it believe it is necessary to create fair and equal opportunity for students of color because higher education institutions have failed at creating diverse student bodies. Those against affirmative action believe it puts other students, like white or Asian American students, at a disadvantage. Former president Donald Trump celebrated the ruling calling it “everyone was waiting for” in a post on Truth Social. “We’re going back to all merit-based – and that’s the way it should be!” Mr Trump wrote. Mr Trump appointed three of the six conservative Justices on the Court while serving as President of the United States – Justices Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett. Mr Trump’s former vice president, Mike Pence, also expressed support for the Court’s decision, writing on Twitter, “I am honored to have played a role in appointing three of the Justices that ensured today’s welcomed decision.” He added: “There is no place for discrimination based on race in the United States, and I am pleased that the Supreme Court has put an end to this egregious violation of civil and constitutional rights in admissions processes, which only served to perpetuate racism.” The ruling will likely have repercussions beyond higher education institutions, extending to elementary, middle and high schools as well as workplaces and more as it opens a door for challenges to racial diversity programs. Read More Justice Ketanji Brown Jackson delivers searing civil rights lesson in dissent to affirmative action ruling How the government that promised to ‘stop the boats’ has lost control of its immigration policy Clarence Thomas says he doesn’t have a ‘clue’ what diversity means as Supreme Court takes aim at affirmative action One year after the anti-abortion ruling, the White House keeps a spotlight on the issue
2023-06-30 02:03
Biden tells US Air Force Academy graduates their leadership needed in increasingly confusing world
Biden tells US Air Force Academy graduates their leadership needed in increasingly confusing world
President Joe Biden has delivered a commencement address at the U_S_ Air Force Academy in Colorado, thanking graduates for choosing “service over self.”
2023-06-02 01:44
Dua Lipa sued over copyright in 'Levitating'
Dua Lipa sued over copyright in 'Levitating'
Dua Lipa's hit song 'Levitating' is back in court.
2023-08-03 06:00
Lebanon's interim central bank governor freezes assets of former chief and close associates
Lebanon's interim central bank governor freezes assets of former chief and close associates
Lebanon’s interim central bank governor has frozen the accounts of the banks embattled former chief and close relatives and associates
2023-08-15 02:27
Republicans try to thread the needle on abortion on anniversary of the death of Roe
Republicans try to thread the needle on abortion on anniversary of the death of Roe
One year after the Supreme Court overturned Roe v Wade and ended the enshrined right to seek an abortion, Christian conservatives convened in Washington DC to size up the GOP’s leading 2024 candidates. The Faith and Freedom Coalition held its Road to Majority conference at the Washington Hilton over the weekend, where every major Republican 2024 candidate appeared to try to win over the crucial evangelical wing of the party. Former president Donald Trump closed out the event on Saturday evening; former New Jersey governor Chris Christie, former vice president Mike Pence; former South Carolina governor Nikki Haley, Sen Tim Scott (R-SC), Florida Gov Ron DeSantis and businessman Vivek Ramaswamy also made their case to social conservatives. Last year’s Dobbs v Jackson decision has caused a split among Republicans. Some have said that the Supreme Court’s decision likely cost Republicans the opportunity to win the majority in the Senate as the GOP failed to flip a single seat, and Republicans only won a narrow majority in the House of Representatives. An NBC News poll showed that 61 per cent of Americans disapprove of the Dobbs decision, with 80 per cent of women between the ages of 18 and 49 and two-thirds of suburban women saying that they disapproved of it. But Republican candidates did not reflect any anxiety about the decision in their remarks to the crowd of Christian conservatives who consider abortion to be murder. “We have to start with tomorrow’s anniversary and thank God Almighty for the Dobbs decision,” Mr Scott said in his speech. “We are creating a culture of life in America, and that’s a really good thing.” Mr Pence, an ardent social conservative, said Dobbs was only the beginning. “Now some you will hear from at this very podium will say that the Supreme Court returned to the issue of abortion only to the states and nothing could be done at the federal level,” he said. He also criticised Republicans for saying some abortion legislation was “too harsh.” “Some have even gone on to blame the overturning of Roe v Wade for election losses in ‘22,” he said. “But let me say from my heart, the cause of life is the calling of our time and we must not rest and must not relent until we restore the sanctity of life to the center of American law in every state in this country.” In turn, Mr Pence called for passing a national 15-week abortion ban. But many attendees said they preferred to leave abortion to the states. “It’s a state issue, I think it ought to stay a state issue,” Gay Dillard told The Independent. Ms Haley called herself “unapologetically pro-life,” but said that people needed to not “demonise” the issue.” Ms Haley said she thought there was a place for a federal law restricting abortion, but noted it would require a House majority and 60 Senate seats to overcome a filibuster. As a result, she talked about reducing late-term abortions, focusing on adoption and foster care. “We have one goal: To save as many babies as possible and protect as many mothers as possible,” she said, something Ms Dillard repeated. “We need to just make sure we have enough support, emotionally, physically, financially, to support women who do choose,” she said. “So it’s not just about having, not having an abortion, it’s about if they keep their baby. We have to embrace them and help and help surround them.” Max Fisher, a candidate for state legislature in Virginia, said that the focus should be on increasing options. “So make sure that adoption is an option on the table and make sure that people have the information that they need to make sure that they’re not doing, like, you go to a bar and get drunk and then you make bad decisions,” he said. “It’s the same reason why you can’t get a tattoo when you’re drinking. Make sure that you have all of the information that you have available in order to make a well-educated choice for yourself from whether that’s adoption, whether or not as another decision, but that’s entirely up to the individual.” Despite the fact that Mr Trump nominated three of the Supreme Court justices in the majority on Dobbs, the former president has at times not fully embraced the anti-abortion decision. The “too harsh” criticism that Mr Pence cited was how Mr Trump characterised Mr DeSantis’s six-week abortion ban in Florida. In fact, Mr Trump refrained from supporting any new abortion restrictions during his closing address to the conference, but instead focused on attacking Democrats. “I will continue to stand proudly for pro-life policies just as I did for four strong years,” he said. “They are the radical extremists.” Ken Cuccinelli, who runs the Never Back Down Super PAC that supports Mr DeSantis, said the Florida governor is more sufficiently pro-life. “Well, for one, he has a central core belief system that supports faith and, and you can see it reflected in policies like his pro-life stance,” he told The Independent, noting how Mr DeSantis supported abortion restrictions as a member of Congress and implemented them as governor. “He signed the heartbeat bill, while the resident is condemning it. And that’s still the biggest issue here to these voters. And then the cultural battle that these voters care about.” But Mr Trump mentioned that his actions with judges will give Republicans more power. “You have tremendous negotiating power now,” he said. “We've now given pro-life people tremendous power to negotiate something that will be happy, that will be good for everybody and you have power for the first time.” Read More Trump news – live: Trump’s legal team handed over tapes to Jack Smith as MAGA loyalists turn on each other Trump takes credit for overturning of Roe v Wade while raising questions about DeSantis’ six-week ban Chris Christie defiant as conservative crowd boos Trump criticism Trump quietly changes political fundraising site to funnel funds toward legal woes Trump celebrates anniversary of anti-abortion ruling as he tells religious crowd ‘I’m getting indicted for you’ The religious right used to be uneasy about Trump – but his dominance is now complete
2023-06-26 04:40
Trump burns through donors' money as legal troubles mount
Trump burns through donors' money as legal troubles mount
Former President Donald Trump has raised formidable sums, but his political operation is burning through money as his legal troubles mount, new filings show.
2023-08-01 11:34
Arsenal, Chelsea & Tottenham interested in Ansu Fati
Arsenal, Chelsea & Tottenham interested in Ansu Fati
Barcelona are looking to loan out Ansu Fati, with Arsenal, Chelsea and Tottenham all interested in such a deal.
2023-08-30 16:30