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U.S. Supreme Court Associate Justice Stephen Breyer is seen during a group portrait session for the new full court at the Supreme Court in Washington, U.S., November 30, 2018. REUTERS/Jim Young/File PhotoWASHINGTON, Jan 27 (Reuters) - President Joe Biden and U.S. Supreme Court Justice Stephen Breyer will appear together on Thursday at the White House to deliver remarks about the 83-year-old jurist's plan to retire from the highest U.S. judicial body, the White House said. The White House event is scheduled for 12:30 p.m. Biden as a candidate for president promised to nominate the first Black woman to fill any Supreme Court vacancy. White House Press Secretary Jen Psaki on Wednesday said Biden will honor that pledge.
Persons: Stephen Breyer, Jim Young, Jan, Joe Biden, Breyer, Biden, Donald Trump, Mitch McConnell, Amy Coney Barrett, McConnell, Jen Psaki, Ketanji Brown Jackson, Leondra Kruger, Bill Clinton, Lawrence Hurley, Doina, Andew Chung, Will Dunham Organizations: Supreme, REUTERS, U.S, White, Republican, Reuters.com Register, White House Press, Wednesday, California Supreme, Democratic, Thomson Locations: Washington , U.S, California, Washington, New York
Notices similar to nutrition labels are coming to broadband service. Similar to how food labels describe the contents of a package, the broadband labels would disclose data allowances and broadband speeds, as well as pricing information. New notices for broadband internet services are rolling out modeled on the nutrition labels for food. "The broadband nutrition label cuts through this confusion by clearly disclosing the cost and terms of service in a simple, consumer-friendly format," Stager said. The FCC considered a requirement for the broadband labels in 2016, the final year of the Obama administration.
Persons: Joe Biden, Joshua Stager, Stager, Obama, Trump, Biden, NCTA Organizations: Federal Communications, FCC, Consumer Reports, Consumer, New America Foundation, New, Technology Institute, & Television Association, Cable, Comcast, NBC Locations: Washington
REUTERS/Elizabeth Frantz/File PhotoWASHINGTON, Jan 27 (Reuters) - President Joe Biden on Thursday called on Congress to immediately enshrine the Equal Rights Amendment in the U.S. Constitution and formally protect women's rights decades nearly a century after lawmakers first raised them. In a statement, Biden urged Congress "to pass a resolution recognizing ratification of the ERA," saying recent legal analysis showed there was nothing preventing lawmakers from acting. The Democratic president's call comes amid jostling over the deadline to enact the ERA, which passed Congress in 1972 with a 1982 deadline to be enacted if 38 state legislatures voted to approve. The resolution "reaffirms what we already know to be true: the Equal Rights Amendment is the 28th amendment to the U.S. Constitution," Maloney said. The issue also remains entangled in the federal courts: Virginia, Illinois and Nevada sued to have the ERA declared valid.
Persons: Elizabeth Frantz, Jan, Joe Biden, Biden, Donald Trump, Carolyn Maloney, Maloney, Susan Heavey, David Morgan, Doina, Tomasz Janowski, Jonathan Oatis Organizations: U.S, Capitol, REUTERS, Constitution, Democratic, Reuters.com, Democrats, U.S . House, Senate, Republican, Department, U.S . National Archives, Records Administration, Justice, Thomson Locations: Washington , U.S, U.S, Virginia, Virginia , Illinois, Nevada
The nuanced Kremlin reaction made clear that Russia was not rejecting the U.S. and NATO responses out of hand or closing the door to diplomacy. The Russian foreign ministry said the best way to reduce tensions was for NATO to withdraw forces from eastern Europe, but also sought to quash fears of an invasion. Russia is the world's second-largest oil producer, and the crisis over Ukraine has fanned fears that energy supplies to Europe will be disrupted. Ukrainian, Russian, German and French diplomats discussed the conflict in eastern Ukraine in Paris on Wednesday and agreed more talks should be held in Berlin in two weeks. He said Moscow believed Washington was preparing to deploy short and intermediate range missiles to Europe and the Asia-Pacific region.
Persons: Jan, Dmitry Peskov, Russia's, Alexei Zaitsev, Peskov, Volodymyr Zelenskiy, Joe Biden, Sergey Pivovarov Read, Mevlut Cavusoglu, Dmytro Kuleba, Sergei Lavrov, Vladimir Putin, Putin, Vladimir Ermakov, Biden, Nikolaj Skydsgaard, Natalia Zinets, Pavel Polityuk, Matthias Williams, Dmitry Antonov, Maxim Rodionov, Vladimir Soldatkin, Alexander Marrow, Mark Trevelyan, Timothy Heritage, Nick Macfie, Gareth Jones Organizations: NATO, U.S, Reuters, Kyiv, Russian, REUTERS, Ukraine's, NATO REDEPLOYMENTS TASS, Thomson Locations: Moscow, Ukraine, MOSCOW, Russia, United States, Europe, Russian, Ukrainian, Rostov, U.S, Turkey, Turkish, Ankara ., Crimea, Paris, Berlin, Washington, Asia, Pacific, Lithuania, Denmark, Estonia, Copenhagen, Ankara, Kyiv
Biden, buoyed by GDP figures, urges Congress to pass bills
  + stars: | 2022-01-27 | by ( ) www.reuters.com   time to read: 1 min
U.S. President Joe Biden answers questions from reporters in the East Room of the White House in Washington, U.S., August 10, 2021. REUTERS/Evelyn Hockstein/File PhotoWASHINGTON, Jan 27 (Reuters) - U.S. President Joe Biden welcomed the strong GDP growth figure released on Thursday, saying his economic plan is working and urging Congress to pass legislation to make the United States more competitive. "I urge Congress to continue this momentum by passing legislation to make America more competitive, bolster our supply chains, strengthen our manufacturing and innovation, invest in our families and clean energy, and lower kitchen table costs," Biden said in a statement. Register now for FREE unlimited access to Reuters.com RegisterReporting by Doina Chiacu;Our Standards: The Thomson Reuters Trust Principles.
Persons: Joe Biden, Evelyn Hockstein, Jan, Biden, Doina Chiacu Organizations: White, REUTERS, America, Thomson Locations: Washington , U.S, United States
REUTERS/Kevin LamarqueWASHINGTON, Jan 27 (Reuters) - U.S. President Joe Biden on Thursday called on Congress to immediately act to enshrine the Equal Rights Amendment in the U.S. Constitution and formally protect women's rights decades after lawmakers adopted them. Biden, in a statement released by the White House, urged Congress "to pass a resolution recognizing ratification of the ERA" after a recent legal analysis said there was nothing preventing lawmakers from acting. "We must recognize the clear will of the American people and definitively enshrine the principle of gender equality in the Constitution. "No one should be discriminated against based on their sex—and we, as a nation, must stand up for full women’s equality." Register now for FREE unlimited access to Reuters.com RegisterReporting by Susan Heavey Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
Persons: Joe Biden, Stephen Breyer, Breyer, Kevin Lamarque WASHINGTON, Jan, Biden, Donald Trump, Susan Heavey, Tomasz Janowski Organizations: Supreme, White, REUTERS, Constitution, Justice Department, Thomson Locations: Washington , U.S, U.S
WASHINGTON — House Democrats added seven names Thursday to their list of vulnerable incumbents in need of party resources heading into the challenging midterm elections. The Democratic Congressional Campaign Committee, or DCCC, the campaign arm of House Democrats, increased the number of lawmakers it sees as prime GOP targets in November to 32. Almost twice as many Democrats as Republicans have said they are not seeking re-election this year. So far, 29 House Democrats have announced they that will not seek re-election in the fall. The list of vulnerable Democrats is being updated as Supreme Court Justice Stephen Breyer prepares to retire.
Persons: , Tim Persico, Josh Gottheimer, Dan Kildee of, Jennifer Wexton, Haley Stevens Michigan, Andy Levin, Lucy McBath, Carolyn Bordeaux, Jim Cooper, Stephen Breyer, Persico, Wade, They’ve, ’ ”, Joe Biden’s, Peter Meijer of, Donald Trump, Andy Harris of, Sean Patrick Maloney, Organizations: WASHINGTON —, Democratic Congressional, Committee, Democrats, NBC News, Republicans, NBC, Rep, Peter Meijer of Michigan, Trump Locations: New Jersey, Dan Kildee of Michigan, Virginia, Georgia, Tennessee, Andy Harris of Maryland, New York, America
The sun sets on the U.S. Supreme Court after it was reported U.S. Supreme Court Justice Stephen Breyer will retire at the end of this term, in Washington, U.S., January 26, 2022. Biden's chance to pick a Supreme Court justice gives the White House an opportunity to tell a positive story, said Kyle Kondik, a political analyst at the University of Virginia's Center for Politics. Black women judges such as Washington, D.C.-based federal appeals court judge Ketanji Brown Jackson and California Supreme Court Justice Leondra Kruger are among those likely to be in contention. As with the abortion and gun cases, if the conservative justices all vote in lockstep, the liberal justices have no leverage. The court, with conservative Justice Amy Coney Barrett, would have four women justices serving together for the first time.
Persons: Stephen Breyer, Joshua Roberts, Jan, Joe Biden, Donald Trump, Biden White, Kyle Kondik, Kondik, Ketanji Brown Jackson, Justice Leondra Kruger, Breyer, Kamala Harris, Biden, Kelsi Brown, Roe, Wade, Carolyn Shapiro, Justice Elena Kagan, Sonia Sotomayor, Amy Coney Barrett, Kent's Shapiro, Clarence Thomas, Ruth Bader Ginsburg, Shapiro, Lawrence Hurley, Andrew Chung, Jason Lange, Scott Malone, Grant McCool Organizations: U.S, Supreme, REUTERS, Democratic, University of Virginia's Center, Politics, White, D.C, California Supreme, Republicans, Senate, Capitol, Georgetown University Law Center, Chicago, Kent College of Law, Thomson Locations: U.S, Washington , U.S, COVID, Washington, California, Mississippi, New York, lockstep, Chicago
Biden's fellow Democrats hold a razor-thin majority in the Senate, which under the U.S. Constitution confirms Supreme Court nominees. Senate Majority Leader Chuck Schumer said Biden's nominee to replace Breyer will receive a "prompt hearing" and will be considered and confirmed with "all deliberate speed." White House Press Secretary Jen Psaki said Biden will honor his presidential election campaign pledge to nominate a Black woman to fill any Supreme Court vacancy. Neither the White House nor the Supreme Court confirmed Breyer's retirement plans. 1/3 Supreme Court Justice Stephen Breyer at Capitol Hill in Washington May 20, 2010.
Persons: Breyer, Jan, Stephen Breyer, Joe Biden, Biden, Donald Trump, Chuck Schumer, Mitch McConnell, Jen Psaki, McConnell, Amy Coney Barrett, Dana Remus, Kamala Harris, Kevin Lamarque Read, Joe Manchin, Kyrsten, Bill Clinton, Ketanji Brown Jackson, Leondra Kruger, Clarence Thomas, Thomas, Thurgood Marshall, Trump's, Barrett, Ruth Bader Ginsburg, Lawrence Hurley, Andrew Chung, Kanishka Singh, Richard Cowan, Jeff Mason, Scott Malone, Will Dunham, Rosalba O'Brien Organizations: Liberal U.S, Supreme, Republican, U.S, Constitution, White House Press, CNN, Republicans, Capitol, REUTERS, Democratic, California Supreme, Senate, Biden, Trump, Affordable, Thomson Locations: WASHINGTON, Washington, California, Texas, Louisiana, New York, Bengaluru
The founder of the far-right militia group the Oath Keepers must remain in custody pending his trial on charges in the Jan. 6 attack on the U.S. Capitol, a federal judge in Texas ruled Wednesday. Elmer Stewart Rhodes, charged with seditious conspiracy and other counts, poses a danger if released, U.S. Magistrate Judge Kimberly Priest Johnson wrote in a 17-page ruling. The ruling also says Rhodes could easily flee, and that the Oath Keepers that he leads has members across the nation. Rhodes, 56, of Granbury, Texas, has been detained since his arrest Jan. 13. Prosecutors say Rhodes spearheaded a conspiracy in which he recruited people to go to Washington on Jan. 6, 2021, including plans for an armed “quick reaction force” in Virginia.
Persons: Elmer Stewart Rhodes, Kimberly Priest Johnson, Johnson, Rhodes, Jan, , James Lee Bright, Phillip Linder, Donald Trump, Joe Biden Organizations: U.S . Capitol, Prosecutors, Trump, Capitol, Washington , D.C, Associated Press, NBC, Fort Worth Locations: Texas, Granbury , Texas, Washington, Virginia, Washington ,, NBC Dallas
According to a Reuters survey of economists, GDP growth likely increased at a 5.5% annualized rate last quarter. The strong retail inventory accumulation led economists, including those at JPMorgan, to raise their GDP growth estimates to as high as to a 7.5% rate. ALL ABOUT INVENTORIESInventory investment is expected to have accounted for the bulk of the increase in GDP growth in the fourth quarter. Excluding inventories, GDP growth likely increased at a rate of about 2.5%. Trade was probably a drag on GDP growth for a sixth straight quarter, while the housing market likely regained its footing after contracting for two consecutive quarters.
Persons: Richa Naidu, Jan, Joe Biden's, Jerome Powell, Sung Won Sohn, Biden, Ryan Sweet, Sam Bullard, Lucia Mutikani, Andrea Ricci Organizations: ABT Electronics, REUTERS, WASHINGTON, Omicron, Reuters.com, Loyola Marymount University, Fed, JPMorgan, U.S . Congress, Labor Department, Thomson Locations: Glenview , Illinois, U.S, Los Angeles, West Chester , Pennsylvania, Wells, Charlotte , North Carolina
Russia has demanded NATO pull back troops and weapons from eastern Europe and bar its neighbour Ukraine, a former Soviet state, from ever joining. DIALOGUEIn Paris, diplomats from Russia, Ukraine, France and Germany held more than eight hours of talks on ending a separatist conflict in eastern Ukraine, part of the wider crisis between Moscow and Kyiv that risks becoming a full-scale war. 1/3 U.S. Secretary of State Antony Blinken speaks about Russia and Ukraine during a briefing at the State Department in Washington, U.S., January 26, 2022. A day after the U.S. delivered Javelin anti-tank missiles, launchers and other hardware to Ukraine, Germany came under criticism for saying it would supply Kyiv with 5,000 military helmets while stopping short of providing weapons. U.S. officials say they are in talks with major energy-producing countries and companies worldwide over a potential diversion of supplies to Europe if Russia invades Ukraine.
Persons: Blinken, Jan, Antony Blinken, Wang Yi, Ned Price, Vladimir Putin, Alexander Grushko, Joe Biden, Putin, Dmitry Peskov, Brendan Smialowski, Peskov, Dmytro Kuleba, Vitali Klitschko, Jen Psaki, Psaki, John Irish, Rami Ayyub, Mark Trevelyan, Gareth Jones, Grant McCool, Michael Perry Organizations: Kremlin, United, Foreign, State Department, NATO, Washington, U.S, Putin, REUTERS Read, Wednesday, . State Department, White, United States, Reuters, Thomson Locations: Kremlin Russia, Ukraine, Paris WASHINGTON, MOSCOW, United States, Europe, Moscow, U.S, Russia, Soviet, Washington, Britain, Paris, France, Germany, Kyiv, Normandy, Berlin, Washington , U.S, Belarus
Sen. Ron Johnson said it's not "society's responsibility" to "take care of other people's children." He previously said he was "not a real fan" of the child tax credit. That's something they need to consider when they make that choice," Johnson told local Wisconsin TV station WKBT. Speaking to WKBT, Johnson said that he did not support moves by the government to help families find child care options. Johnson also admitted he was "not a real fan" of the child tax credit which offers parents up to $3,600 per child.
Persons: Sen, Ron Johnson, it's, Johnson, Wisconsin Sen, I've, WKBT, Joe Biden, Joe Manchin Organizations: Service, Wisconsin, Kwik, Wisconsin TV, WKOW, Democratic, Manchin Locations: La Crosse, West Virginia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump's former energy secretary says Biden's contingency plan to divert gas to Europe won't workFormer U.S. Energy Secretary Rick Perry discusses President Joe Biden's efforts to divert gas to Europe amid fears Russia will invade Ukraine.
Persons: Rick Perry, Joe Biden's Organizations: U.S . Energy Locations: Europe, Russia, Ukraine
Airmen from the 4th Fighter Wing at Seymour Johnson Air Force Base, N.C. and the 48th Fighter Wing, Royal Air Force Lakenheath, England, arrive at Amari Air Base, Estonia, January 24, 2022. U.S. Air Force Photo/Staff Sgt. U.S. President Joe Biden has said he will not send American or allied troops to fight Russia in Ukraine. The United States, Britain and the Baltic states are sending weapons to Ukraine, including anti-tank missiles, small arms and boats. Romania is in talks with the United States over increasing troop numbers on its soil.
Persons: Megan Beatty, Jan, Joe Biden, Tsvetelia Tsolova, Luiza Ilie, Timothy Organizations: 4th Fighter, Seymour Johnson Air Force Base, 48th Fighter, Royal Air Force, Amari, Base, . Air Force, Staff, REUTERS, NATO, Treaty, Canada, UKRAINE, The U.S . Department of Defense, Moscow, Russia, United, Timothy Heritage, Thomson Locations: N.C, England, Estonia, Handout, REUTERS BRUSSELS, Europe, Ukraine, Russia, Kyiv, Denmark, United States, Britain, Baltic, Turkey, Russian, Germany, Berlin, Crimea, The, Lithuania, Spain, Madrid, Bulgaria, Netherlands, France, Romania, Brussels, Canada, Latvia, Poland
The visit by Qatar's Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani's comes after his Iranian counterpart Hossein Amirabdollahian on Monday said Tehran is ready to consider direct talks with Washington if it feels it can get a "good nuclear deal". However, IRNA said the visit was not intended to facilitate direct talks with Washington. After then-U.S. President Donald Trump quit the nuclear deal in 2018 and reimposed harsh sanctions, Iran gradually started violating the pact's nuclear curbs. The minister, Sheikh Mohammed, is expected in Washington on Friday in advance of the emir's visit. PRISONER RELEASEAmirabdollahian previously met Sheikh Tamim and Sheikh Mohammed in Doha on Jan. 11.
Persons: Sheikh Mohammed bin Abdulrahman, Sheikh Mohammed bin Abdulrahman Al Thani, Antony Blinken, Olivier Douliery, Qatar's, Thani's, Hossein Amirabdollahian, IRNA, Donald Trump, Sheikh Tamim bin Hamad, Joe Biden, Sheikh Mohammed, Amirabdollahian, Sheikh Tamim, Parisa Hafezi, Andrew Mills, Frank Jack Daniel Our Organizations: Qatar's, State Department, REUTERS DUBAI, Washington, Washington ., Tehran, U.S, Jan, Reuters, Qatar, Sunday, Thomson Locations: Sheikh Mohammed bin Abdulrahman Al, Washington , DC, Iran, Washington, Tehran, Doha, United States, Vienna, Thani, Qatar, Iranian, U.S, Dubai
At a youth forum this month, Sisi characterised criticism over human rights as an attack on Egypt and said it did not reflect reality on the ground. In recent months, authorities have published the lengthy rights strategy, appointed a national human rights council and lifted a state of emergency in place since 2017. On Jan. 10 he said that the Arabic Network for Human Rights Information that he ran was halting activities, citing growing pressure from authorities. "I don't know how or whether that human rights strategy is going to be implemented," she told Reuters. Anwar al-Sadat, a former member of parliament nominated to the national rights council who has helped mediate recent prisoner releases, said improvements in the area of human rights in Egypt would take time.
Persons: Mohamed Mursi, Amr Abdallah Dalsh, Jan, Tareq Marzouq, Abdel Fattah al, Sisi, Joe Biden, Mustapha al, Gamal Eid, Mursi, Mohamed Mamdouh, Ramy Shaath, Patrick Zaki, Abdel Fattah, Ziad el, Elaimy, Ekram Yousef, Abdel Fattah's, Anwar al, Sadat, Mike Collett Organizations: REUTERS, Reuters.com, Former, Cairo University, Human Rights, Islamist, Reuters, Amnesty International, White, Thomson Locations: Cairo, Egypt, CAIRO, Tora, Europe, France, Italy
Republicans seeking to stir hostility towards whoever Biden nominates to the Supreme Court. Attacks circulating painting his choice as a radical liberal, although nobody has yet been chosen. Battles over Supreme Court nominees have been a key GOP rallying point in recent years. Republicans running for office also sought to gain political advantage from stirring opposition to the as-yet-unknown replacement. Under Senate rules, Supreme Court nominees need only a simple majority to be confirmed.
Persons: Biden, Joe Biden, Stephen Breyer, Republican Sen, Rick Scott of, Chuck Schumer, Scott, Donald Trump Jr, Newt Gingrich, Breyer's, Blake Masters, Ru Paul, Ketanji Brown Jackson, Leondra Kruger, J Michelle Childs, Kamala Harris Organizations: Supreme, Service, Republican, Twitter, Democratic, Court Locations: Rick Scott of Florida, Arizona
U.S. Vice President Kamala Harris walks to board Air Force Two for a trip to Honduras to attend the inauguration ceremony for Honduras' President-elect Xiomara Castro at Joint Base Andrews, Maryland, U.S. January 27, 2022. U.S. officials want to work with Castro to curb illegal immigration from Central America and shore up international support for Taiwan. Castro, the first woman to lead Honduras, assumes office embroiled in a dispute with dissidents in her own party. After meeting Lai on Wednesday, Castro said Honduras is grateful for Taiwan's support and hopes to maintain their relationship. During a bilateral meeting with Castro, Harris plans to discuss economic opportunity, the fight against corruption and managing migration, U.S. officials said.
Persons: Kamala Harris, Xiomara Castro, Erin Schaff, Castro, William Lai, Lai, Luis Leon, Harris, Leon, Joe Biden, Juan Orlando Hernandez, Hernandez, Nandita Bose, Michael Martina, Ben Blanchard, Leslie Adler, Chizu Organizations: Air Force, Joint Base Andrews, REUTERS, Jan, Reuters.com Register, Taiwan's Central News Agency, Netherlands Institute, Democracy, Libre, National Party, Salvador Party, Thomson Locations: Honduras, Joint Base Andrews , Maryland, U.S, REUTERS WASHINGTON, TEGUCIGALPA, Central America, Taiwan, Taipei, Beijing, United States, China, Salvador
Signage is seen at the United States Department of the Treasury headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File PhotoWASHINGTON, Jan 27 (Reuters) - A bipartisan group of U.S. lawmakers has asked the Treasury Department for "clarity to the digital asset ecosystem" after new related reporting requirements were included in last year's $1 trillion infrastructure law, Punchbowl News said on Thursday. Register now for FREE unlimited access to Reuters.com RegisterReuters could not immediately confirm the report, which comes as the Biden administration is expected to unveil preliminary guidance regarding cryptocurrencies and other digital assets in coming days, according to Punchbowl. Bloomberg News last week reported the administration was preparing to release its initial government-wide digital assets strategy as soon as February. Digital assets are run by private actors, and some bank officials have urged U.S. regulators to clarify what would be a regulated digital asset, including crypto.
Persons: Andrew Kelly, Jan, Janet Yellen, Patrick McHenry, Tim Ryan, Biden, Wally Adeyemo, Joe Biden's, Susan Heavey, Kirsten Donovan Organizations: United States Department of, Treasury, Washington , D.C, REUTERS, Treasury Department, Punchbowl News, Republican, Reuters.com, Reuters, Bloomberg, CNBC, Trump, Thomson Locations: Washington ,, U.S, United States, Punchbowl
The investors who aren't panicking
  + stars: | 2022-01-27 | by ( Julia Horowitz | Cnn Business | ) edition.cnn.com   time to read: +7 min
London (CNN Business) The stock market has been jolted by indications the Federal Reserve will move to aggressively raise interest rates to rein in inflation. What's happening: The Fed announced Wednesday that it would begin lifting rates "soon" to combat the sharp rise in prices. Even if the Fed pursues four interest rate hikes throughout the course of 2022, borrowing costs would still remain very low by historical standards, he continued. And even when the Fed does begin to reduce its holdings, the size of its balance sheet will remain "enormous," propping up investor confidence, according to Cairns. SWIFT unplugged Iranian banks in 2012 after they were sanctioned by the European Union over the country's nuclear program.
Persons: Jerome Powell, It's, Matthew Cairns, We've, Cairns, Antoine Bouvet, hasn't, Powell, We're, Ronald Reagan, Joe Biden's, Vladimir Putin, Charles Riley, SWIFT, Maria Shagina, Robinhood andfollow Organizations: CNN Business, Bell, CNN, Reserve, Fed, Bloomberg, Rabobank, ING, Economic, Monetary Fund, IMF, Federal Reserve, Senior, The, Worldwide Interbank, Telecommunication, Finnish Institute of International Affairs, Carnegie Moscow Center, European Union, Dow DOW JetBlue, Mastercard, Apple Locations: London, SPDR, Cairns, Russia, Ukraine, SWIFT, Europe, Iran
A group of millionaires that advocates for progressive tax policies is backing primary challenges to two centrist House Democrats the organization believes are obstructing President Joe Biden's agenda. The Patriotic Millionaires, a group whose members have annual incomes of over $1 million or assets of over $5 million, is endorsing progressive Jessica Cisneros over Rep. Henry Cuellar, D-Texas. It is also endorsing Rep. Lucy McBath, D-Ga., over Rep. Carolyn Bourdeaux, D-Ga., in a face-off that resulted from redistricting. Cisneros challenged Cuellar in 2020, and Cuellar won the primary by around 3 percentage points. McBath represents Georgia's 6th District, while Bourdeaux represents the 7th District.
Persons: Joe Biden's, Jessica Cisneros, Henry Cuellar, Lucy McBath, Carolyn Bourdeaux, Cuellar, Cisneros, Bourdeaux Organizations: House Democrats, Patriotic, Rep, FBI, ABC News, Bourdeaux, Patriotic Millionaires, Democratic, Republicans Locations: Texas, Georgia's
The government on Thursday morning reported its first look at fourth-quarter economic growth , saying GDP rose at an annual rate of 6.9% compared to estimates of 5.5% despite Covid omicron spread. (CNBC)McDonald's (MCD) on Thursday reported fourth-quarter earnings and revenue that fell short of expectations as higher costs weighed on its profits, marking the fourth miss in the past eight quarters. Shares of ServiceNow and Qualtrics each jumped more than 10% in Thursday's premarket after topping estimates and giving upbeat guidance. Moderna (MRNA) started a clinical trial to study the safety and effectiveness of a booster shot that specifically targets the omicron Covid variant, the company announced Wednesday. The first participant in the phase two trial has already received a dose of the omicron-specific booster shot, according to the company.
Persons: Elon Musk, Tesla, Musk, Pershing, Bill Ackman, Neil Young's, Joe Rogan's coronavirus, Young, Rogan, Dan Bongino, Joe Biden, Stephen Breyer, Biden Organizations: Treasury, CNBC, Southwest Airlines, Comcast, NBC, Tesla, Dow, Apple, Visa, Netflix, Spotify, Street, NY Times, White, omicron Locations: China, Thursday's
Fox News' Tucker Carlson denied being a Russian agent in an interview with The New York Times. Carlson has stirred controversy by questioning why the US is backing Ukraine over Russia. On Wednesday, Carlson defended his views in an interview with The New York Times. "Everything I've said about Russia and Ukraine strikes me as commonplace, as obvious," Carlson said. In turn, Carlson is frequently praised for his stance by pro-Kremlin commentators on Russian state TV.
Persons: Tucker Carlson, Carlson, Victor Orban, I've, Sen, Mitch McConnell, Joe Biden's, Putin's, Biden Organizations: Fox, The New York Times, Service, Fox News, Kremlin, Republican Party, Putin, NSA Locations: Russian, Ukraine, Russia, United States, Iraq, Putin's Russia
Former UN Ambassador Nikki Haley called on President Biden and VP Harris to resign. In a Fox News radio interview, Haley said Biden should " step down and take Kamala with him." Haley also said she's worried the US will look "weak" on foreign policy at the Beijing Olympics. Unlike Haley, Trump has not called for a boycott either. "They know that they've never had a weak president like this before.
Persons: Nikki Haley, Biden, Harris, Haley, Kamala, she's, Joe Biden, Kamala Harris, Guy Benson, Nancy Pelosi, Donald Trump, Trump, Putin, Xi, Kim Jong Un, they've, emboldening strongmen, Vladimir Putin Organizations: UN, Fox News, Beijing, Service, Republican, Games Locations: Beijing, Afghanistan, North Korea, Iran, Ukraine
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