Focue Provides the Latest and Most Up-to-Date News, What You Focus On is What You Get.
⎯ 《 Focue • Com 》
Two Fed officials tentatively embrace bond yield jump
Two Fed officials tentatively embrace bond yield jump
By Michael S. Derby NEW YORK Two Federal Reserve officials on Thursday tentatively welcomed a jump in bond
2023-08-25 02:48
Pac-12 leaders set to meet, receive details of potential media rights deal, AP source says
Pac-12 leaders set to meet, receive details of potential media rights deal, AP source says
Pac-12 Conference leaders are scheduled to meet this week and commissioner George Kliavkoff is expected to present members with details of a long-awaited, potential media rights deal
2023-08-01 05:18
Jim Harbaugh addressed suspension by being as beautifully weird as normal
Jim Harbaugh addressed suspension by being as beautifully weird as normal
As expected, Jim Harbaugh was as Jim Harbaugh as humanly possible during Monday's press conference, which means he is back to being to the wacky and weirdly wonderful version of himself again. What did the Michigan head coach say at the podium on Monday?
2023-11-16 00:42
Factbox-Key facts about Henry Kissinger, US diplomat and presidential adviser
Factbox-Key facts about Henry Kissinger, US diplomat and presidential adviser
Here are some facts on American diplomat Henry Kissinger, who died at age 100 on Wednesday: * He was born
2023-11-30 09:49
Biden says debt deal 'very close' even as two sides far apart on work requirements
Biden says debt deal 'very close' even as two sides far apart on work requirements
Work requirements for federal food aid recipients have emerged as a final sticking point in negotiations over the looming debt crisis, even as President Joe Biden said Friday that a deal is “very close.” Biden’s optimism came as the deadline for a potentially catastrophic default was pushed back to June 5 and seemed likely to drag negotiations between the White House and Republicans over raising the debt ceiling into another frustrating week. Both sides have suggested one of the main holdups is a GOP effort to boost work requirements for recipients of food stamps and other federal aid programs, a longtime Republican goal Democrats have strenuously opposed. Even as they came closer to a framework on spending, each side seemed dug in on the work requirements. White House spokesman Andrew Bates called the GOP proposals “cruel and senseless” and said Biden and Democrats would stand against them. Louisiana Rep. Garret Graves, one of House Speaker Kevin McCarthy’s negotiators, was blunt when asked if Republicans might relent on the issue: "Hell no, not a chance,” he said. The later “ X-date,” laid out in a letter from Treasury Secretary Janet Yellen, set the risk of a devastating default four days beyond an earlier estimate. Still, Americans and the world uneasily watched the negotiating brinkmanship that could throw the U.S. economy into chaos and sap world confidence in the nation’s leadership. Yet Biden was upbeat as he left for the Memorial Day weekend at Camp David, declaring, “It’s very close, and I’m optimistic.” With Republicans at the Capitol talking with Biden’s team at the White House, the president said: “There’s a negotiation going on. I’m hopeful we’ll know by tonight whether we’re going to be able to have a deal.” But a deal had not come together when McCarthy left the Capitol Friday evening. In a blunt warning, Yellen said failure to act by the new date would “cause severe hardship to American families, harm our global leadership position and raise questions about our ability to defend our national security interests.” Anxious retirees and others were already making contingency plans for missed checks, with the next Social Security payments due next week. Biden and Republican McCarthy have seemed to be narrowing on a two-year budget-slashing deal that would also extend the debt limit into 2025 past the next presidential election. But talks over the proposed work requirements for recipients of Medicaid, food stamps and other aid programs seemed at a standstill Friday afternoon. Biden has said the Medicaid work requirements would be a nonstarter. But he initially seemed open to possible changes on food stamps, now known as the Supplemental Nutrition Assistance Program, or SNAP. The Republican proposal would save $11 billion over 10 years by raising the maximum age for existing standards that require able-bodied adults who do not live with dependents to work or attend training programs. While current law applies those standards to recipients under the age of 50, the House bill would raise the age to include adults 55 and under. The GOP proposal would also decrease the number of exemptions that states can grant to some recipients subject to those requirements. Biden's position on the SNAP work requirements appeared to have hardened by Friday, when spokesman Bates said House Republicans are threatening to trigger an unprecedented recession “unless they can take food out of the mouths of hungry Americans.” Any deal would need to be a political compromise, with support from both Democrats and Republicans to pass the divided Congress. Failure to lift the borrowing limit, now $31 trillion, to pay the nation’s incurred bills, would send shockwaves through the U.S. and global economy. But many of the hard-right Trump-aligned Republicans in Congress have long been skeptical of Treasury’s projections, and they are pressing McCarthy to hold out. As talks pushed into another late night, one of the negotiators, Rep. Patrick McHenry, R-N.C., called Biden’s comments “a hopeful sign.” But he also cautioned that there’s still “sticky points” impeding a final agreement. While the contours of the deal have been taking shape to cut spending for 2024 and impose a 1% cap on spending growth for 2025, the two sides remain stuck on various provisions. House Republicans had pushed the issue to the brink, displaying risky political bravado in leaving town for the Memorial Day holiday. Lawmakers are tentatively not expected back at work until Tuesday, but now their return is uncertain. Weeks of negotiations between Republicans and the White House have failed to produce a deal — in part because the Biden administration resisted negotiating with McCarthy over the debt limit, arguing that the country’s full faith and credit should not be used as leverage to extract other partisan priorities. “We have to spend less than we spent last year. That is the starting point,” said McCarthy. One idea is to set the topline budget numbers but then add a “snap-back” provision to enforce cuts if Congress is unable during its annual appropriations process to meet the new goals. Lawmakers are all but certain to claw back some $30 billion in unspent COVID-19 funds now that the pandemic emergency has officially been lifted. McCarthy has promised lawmakers he will abide by the rule to post any bill for 72 hours before voting. The Democratic-held Senate has vowed to move quickly to send the package to Biden’s desk. ___ Associated Press writers Mary Clare Jalonick, Stephen Groves, Farnoush Amiri, Seung Min Kim and Kevin Freking and videojournalist Rick Gentilo contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Lauren Boebert claims Biden plan to combat antisemitism will target ‘conservatives’ Defense secretary tells Navy graduates they are ready to serve Doctor's supporters, hospital at odds with Indiana penalty for talking about 10-year-old's abortion
2023-05-27 12:03
No. 21 Baylor women never trail in 84-77 win over fourth-ranked future Big 12 foe Utah
No. 21 Baylor women never trail in 84-77 win over fourth-ranked future Big 12 foe Utah
Sarah Andrews had 18 points, Aijha Blackwell had 13 points with eight rebounds and 21st-ranked Baylor beat future conference foe and fourth-ranked Utah 84-77
2023-11-15 11:04
Every MLB team's odds to win the World Series at the All-Star break
Every MLB team's odds to win the World Series at the All-Star break
We hit the unofficial mid-season point of the Major League Baseball season, the All-Star break, with a crowded top competing for a World Series.While the Tampa Bay Rays started at a historic rate, the Atlanta Braves have the best record in baseball and are the World Series heading into the All-S...
2023-07-10 22:29
Inside the Coups and Concessions That Brought Altman Back to OpenAI
Inside the Coups and Concessions That Brought Altman Back to OpenAI
The braintrust that turned OpenAI into the world’s best-known artificial intelligence startup huddled at Sam Altman’s home in
2023-11-23 04:06
Live updates | Hamas officials say hostage agreement could be reached soon
Live updates | Hamas officials say hostage agreement could be reached soon
Senior Hamas officials say an agreement could be reached soon in which the militant group would release hostages and Israel would free Palestinian prisoners
2023-11-21 16:56
Credit Suisse bankers leaving by the hundreds every week - sources
Credit Suisse bankers leaving by the hundreds every week - sources
By Noele Illien and Stefania Spezzati ZURICH Hundreds of Credit Suisse's employees are resigning each week in a
2023-05-31 17:35
Two men executed in Iran over deadly attack on Shiraz shrine
Two men executed in Iran over deadly attack on Shiraz shrine
Iran on Saturday executed two men it accused of carrying out a deadly attack on a shrine in Shiraz in October 2022, according to state-run news agency IRNA.
2023-07-08 13:44
Ukraine war: The Russians snitching on colleagues and strangers
Ukraine war: The Russians snitching on colleagues and strangers
In Soviet Russia it was common for people to report others to the authorities - now the practice is back.
2023-11-19 08:50