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The U.S. government for the first time has spent more than $1 trillion this year on interest payments for its $35.3 trillion national debt, the Treasury Department reported Thursday. Subtracting the interest the government earns on its investments, net interest payments have totaled $843 billion, higher than any other category except Social Security and Medicare. The jump in debt service costs came as the U.S. budget deficit surged in August, edging closer to $2 trillion for the full year. The Fed is widely expected to lower rates next week, but just by a quarter percentage point. The benchmark 10-year note last yielded about 3.7%, down more than three-quarters of a percentage point since early July.
Organizations: U.S . Treasury, Treasury Department, Federal Reserve, Social Security Locations: Washington , U.S, U.S
Former President Donald Trump repeated a broad range of false claims, internet rumors and outlandish conspiracy theories during Tuesday night’s presidential debate, many of which might have seemed unintelligible without a deep understanding of obscure corners of far-right social media. Late in the debate right before the second break, Trump released a torrent of vague claims alleging corruption in the Biden administration. “At this debate, it was Trump who relayed a (false) online social media meme about migrants eating cats that showed his team in its own bubble,” he wrote. During Tuesday’s debate, one of Trump’s bizarre claims related to abortion. Midway through the debate, Trump spoke about election security and alleged that an unspecified “they” are trying to get illegal immigrants to vote.
Persons: Donald Trump, , it’s, Trump, Biden, Biden doesn’t, , “ He’s, Hunter Biden, didn’t, Kamala Harris, Erick Erickson, , Harris, Laura Loomer, Islamophobe, Logan Paul, Adin Ross, Josh Kraushaar, Joe Biden, Linsey Davis, Davis, Ralph Northam, Northam Organizations: U.S . Capitol, ABC, GOP, Conservative, Trump, Fox News Radio, Democratic, Associated Press, Reuters, Street, New Locations: Ohio, China, Ukraine, Moscow’s, Moscow, West Virginia, Virginia, New Republic
TOKYO — U.S. opponents of a Japanese steelmaker’s $14.9 billion bid for U.S. Steel cite concerns about national security and a reluctance to relinquish a storied American company. That could complicate efforts to strengthen ties with Japan, a key U.S. ally, in an effort to counter China’s growing influence in the Asia-Pacific and around the world. Washington has also been pushing Tokyo to align itself with U.S. export controls that limit China’s ability to produce advanced semiconductors. The opposition to the deal “also places Japan in the unenviable company of China in terms of Washington’s politicization of economic issues,” Kingston said in an email. Other U.S. Steel employees have rallied in support of the deal, which was announced last December.
Persons: Joe Biden, Jeff Kingston, , ” Kingston, Donald Trump, Kamala Harris Organizations: U.S, Steel, Nippon Steel, NBC, Temple University Japan, Rust Belt, Biden, U.S . Steel, The United Steelworkers Locations: TOKYO, U.S, American, Japan, Asia, Pacific, Washington, Tokyo, China, Pennsylvania
PARIS — There are few sights more iconic than the Eiffel Tower and the Olympic rings. The multicolored logo adorned the Eiffel Tower during the Paris 2024 Games, just as they had hung from London’s Tower Bridge in 2012 and the Sydney Harbour Bridge in 2000. However, Hidalgo announced in the French media Aug. 31 that the rings would stay on the Eiffel Tower, until at least 2028 and perhaps beyond. After days of mounting criticism, the Eiffel family weighed in. Nevertheless, the Eiffel family say they won’t climb down without a fight.
Persons: Paris Mayor Anne Hidalgo, Hidalgo, Gustave Eiffel, ” Myriam Larnaudie, , It's, Paris, ” Hidalgo, Eiffel, Nancy Ing, Alexander Smith Organizations: Bridge, Paris Mayor, Olympic, city's, , Eiffel, NBC News, London, Rio, International, The Association, IOC, Ouest Locations: Sydney, Tokyo, Paris, France, London
Gen Z's fall travel trend requires participants to conceptualize, style, and photograph their personal belongings at the TSA's airport security checkpoint before hopping on their flight. From outfits and accessories to aesthetically arranging her airport security bins, everything is conceptualized in advance. Not everyone can creatively thrive under airport security pressure, though. That meant purchasing a plastic security bin before travel to keep up with the trend. @mystackers What the Stackers marketing team’s airport security trays look like this Summer… whos tray is your vibe?
Persons: , Ckalysta Hutchings, artfully, Hutchings, Pinterest, Vicki Rutwind, Rutwind, Emily Abbate, Reiss, Faber, knitwear, J ADE, ike, ymphani, ersonal, ines, ake, ince, hat's, ong, ou, Organizations: Service, Business, TSA, Adidas, CNN, ust Locations: Mexico, Rhode, Paris, Santorini
In this debate tonight, you’re going to hear from the same old, tired playbook, a bunch of lies, grievances and name-calling. The Biden administration kept some Trump tariffs imposed on China, but Harris opposes Trump’s plan to impose new tariffs on all foreign goods. But he said he would have done things differently than Biden after Trump struck an agreement with the Taliban. One of the debate moderators asked if Trump thinks it’s appropriate to comment on the racial identity of his opponent. - TrumpHarris, on the other hand, said Trump has a history of trying to divide the country around race.
Persons: Kamala Harris, Donald Trump, Trump, You’re, Joe Biden, Harris, Harris Harris, Harris ’, Biden, MAGA, Harris Trump, Roe, Wade, It’s, Trump’s, Sen, JD Vance, Bush, Mitt Romney, John McCain, Dick Cheney, Liz Cheney, Defense Mark Esper, Biden’s, Trump Harris, Viktor Orban, don’t, Tim Walz, We’re, it’s, they’ve, Trump Trump, Queens –, Barack Obama’s Organizations: CNN —, ABC News, Trump, Trump Trump, Defense, Queens, Capitol Locations: Philadelphia, China, America, Ohio, Kansas, Afghanistan, Kabul, that’s, Russia, Ukraine, Israel, Hungary, Lago, Florida, Pennsylvania, Brooklyn
Speaker Mike Johnson on Wednesday pulled a temporary government funding bill off the House floor hours before a planned vote amid dissent within his own party. Senate Majority Leader Chuck Schumer has blasted Johnson's spending bill and his insistence to tie it to the controversial proposal. The only way to reopen the government is for lawmakers to pass a spending bill. The shutdown lasted 35 days, causing 800,000 federal employees to go without pay and costing the federal government billions of dollars. Trump is advocating for a shutdown, calling on fellow Republicans to only accept a spending bill if it includes promises of election security.
Persons: , Mike Johnson, Johnson, Chuck Schumer, Donald Trump, Kamala Harris, what's, there's, Government shutdowns, couldn't, Kevin McCarthy, Joe Biden, Trump, don't, servicemembers, Bill Clinton, Clinton Organizations: Service, Wednesday, Associated Press, Republican, Business, SAVE, Veterans Affairs, Trump, Democratic, Department of Homeland Security, National Parks, SNAP, Government, Republicans, shutdowns, The Washington Post Locations: Washington
Social Security beneficiaries have seen higher cost-of-living adjustments in recent years, prompted by record high inflation. Based on new government inflation data, beneficiaries may see just a 2.5% increase to benefits in 2025, estimates Mary Johnson, an independent Social Security and Medicare analyst. In 2024, more than 71 million Americans — including Social Security and Supplemental Security Income beneficiaries — saw a 3.2% cost-of-living adjustment, according to the Social Security Administration. A spike in inflation drove the annual benefit boost even higher in 2023, when there was an 8.7% increase, the highest in four decades. In 2021, the cost-of-living adjustment was 1.3%.
Persons: Mary Johnson, Organizations: Social Security, Social Security Administration
(CNN) — Marcee Gray was 200 miles away from Apalachee High School in Winder, Georgia, when her gut told her something was not right. It was Wednesday morning – before the shooting at the school that killed two students and two teachers. Marcee Gray told ABC News she hadn’t spoken to her son since the shooting. Marcee Gray told CNN in a text Wednesday she is set to speak with Barrow County investigators on Thursday. Warning signs before tragedyMarcee Gray’s call to Apalachee High was not the only warning made that Wednesday morning.
Persons: — Marcee Gray, Colt Gray, “ I’m, , Colt, ” Marcee Gray, , Charles Polhamus, Marcee, Marcee Gray, Jesus, , It’s, ” Colt Gray, Colin Gray, Dallas LeDuff, Gray, Lyela Sayarath, , Gray –, Sayarath, Rabecca Sayarath, Jud Smith, ” Colin Gray Organizations: CNN, Apalachee High School, ABC News, Georgia Bureau of Investigation, Associated Press, FBI Locations: Winder , Georgia, Fitzgerald , Georgia, Winder, Georgia, Barrow, Apalachee, ” Barrow, ” Barrow County, Barrow County, Jackson County
Last year, the SEC mandated that public companies disclose material cybersecurity incidents. "These types of cybersecurity incidents have a real impact, potentially, on shareholder value," Kate Dedenbach, a privacy and cyber attorney at Fisher Phillips in Detroit, told Business Insider. "The SEC's goal is to provide investors with more robust and timely information about cybersecurity incidents so they can make more knowledgeable investment decisions." There's a timeframe for disclosuresThe SEC says that determining a cybersecurity incident's materiality should be done "without reasonable delay" but doesn't specify a timeframe. The SEC says companies can delay disclosure if a cybersecurity incident poses a substantial risk to national security or public safety.
Persons: , Hugh Thompson, Kate Dedenbach, Fisher Phillips, Thompson, LoanDepot, Lei Zhou, Zhou, Dedenbach, Steve Winterfeld, it's, Winterfeld, cyberattacks, Winterfield Organizations: SEC, Service, RSA Conference, US Securities and Exchange Commission, Microsoft, Forbes, University of, Akamai Technologies Locations: Detroit
We'll show you how to watch the presidential debate from anywhere, including cable, streaming, and free options. How to watch the presidential debate in the USThere are tons of ways to watch the debate live in the US. Sling TV and Fubo are great services to upgrade your live TV viewing options and watch the presidential debate. How to watch the presidential debate in CanadaThe debate will be available to stream through CTV News Live in Canada. Like the first presidential debate, tonight's debate will last 90 minutes.
Persons: Donald Trump, Kamala Harris, David Muir, Linsey Davis, Trump, Joe Biden, Biden, Harris, Trump's, Dana Bash, Peacock, ExpressVPN, Vance, Tim Walz Organizations: Business, National Constitution Center, ABC News, Longtime ABC News, CNN, ABC, MSNBC, Fox News, Fubo, Hulu, NBC, CBS, FOX, Paramount, CTV News, BBC News, BBC, Constitution Center Locations: America, Philadephia , PA, Canada, Philadelphia , PA, Pennsylvania, J.D
“I think President Trump is saying exactly what I have been saying, and that is we need assurances on election security and to fund the government,” Johnson told CNN’s Jake Tapper on “The Lead” Tuesday. “I talked with the president a lot, President Trump, and that has always been my advice that we run this race on policy, on record, not rhetoric, on policy, not personality,” he said. On Vice President Kamala Harris, Johnson said, “She has a big, a big task ahead of her tonight. To this day, Joe Biden and Kamala Harris have not said the names of those service members. In fact, Joe Biden said on the debate stage in June that we hadn’t lost any service members on his watch.
Persons: Mike Johnson, Donald Trump, Republicans “ don’t, , , Trump, ” Johnson, CNN’s Jake Tapper, Trump’s, Johnson, Kamala Harris, Joe Biden, Michael McCaul, Harris, Tapper, Kamala Harris’s, That’s Organizations: Washington CNN —, Republicans, Security, GOP, SAVE, noncitizens, House Foreign, Republican Locations: Kabul, Afghanistan, Texas
He said that this development would be deadly for the Ukrainian people because Moscow uses ballistic missiles to target civilian infrastructure. AdvertisementThe Fath-360 is an Iranian short-range ballistic missile with satellite guidance and a maximum range of 75 miles. France, Germany, and the UK said they will target individuals and entities involved in Iran's ballistic missile program. Photo by Stringer/Anadolu via Getty ImagesBlinken noted that the Iranian missiles will give Russia additional capabilities and flexibility, fueling its overall war efforts in Ukraine. Pyongyang has sent Moscow ballistic missiles, as well as artillery.
Persons: , John Kirby, Fath, Kirby, AP Kirby, Antony Blinken, Blinken Organizations: Service, Business, White House National Security Council, Ukraine, Missiles, Iranian Revolutionary Guard, AP, Moscow, West, Iran, Stringer, Anadolu, Getty, Institute for Locations: Russia, Iran, North Korea, Ukraine, Moscow, Iranian, Tehran, France, Germany, Europe, London, Russian, Ukrainian, Pyongyang
The health care industry is still the leading job creator, though law enforcement is also seeing some momentum. A sizable chunk of those openings are in law enforcement. She added that there’s also been a huge spike in job postings on ZipRecruiter listing “law enforcement” as a desired skill. Bayer started the police officer application process with some reservations but eventually became convinced he was doing the right thing. But that could change if the job market keeps sliding.
Persons: George Floyd’s, That’s, , Julia Pollak, there’s, Ed Wessing, Mesa, , ” Wessing, “ That’s, Johnathan Severs, Ramonedward Bayer, Bayer, ” Bayer, Seattle . Pollak, ZipRecruiter Organizations: Washington CNN, Labor Department, Police, CNN, “ Police, Mesa Police, The Mesa Police Department, Mesa, Hire, US Army, Seattle Police Department Locations: Phoenix, Mesa, Gilbert, Scottsdale, Chandler, Tempe, Colorado Springs , Colorado, Seattle
Even more interestingly, Walz told the Journal that he made a roughly $135,000 early withdrawal from a workplace retirement account last year to fund his daughter's college education. Walz is in an unusual situationFor Walz, $135,000 represents a relatively small chunk of what he can expect to earn in retirement. The Wall Street Journal estimates the Walzes' retirement savings at more than $1 million, meaning that the early withdrawal likely represented somewhere in the neighborhood of 10% of the retirement fund. Of Walz and his wife's roughly $300,000 in 2023 income, about $135,000 came from pensions or annuities. But it's especially dangerous for the majority of Americans who will have to rely heavily on their investments to fund their retirement.
Persons: Tim Walz, Walz, Gwen, J.D, Vance, It's, Gerika Espinosa, , Jamie Bosse, Bosse Organizations: Wall Street, Republican, Street, CGN Advisors, Social Security Locations: Minnesota, Salt Lake City , Utah, Manhattan Kansas
Bitcoin ATMs are a rapidly growing presence in the United States and, some experts say, a rapidly growing cybercrime menace. So, while a cash ATM tucked away between the snack cakes and energy drinks at a gas station may not draw much attention, a bitcoin ATM gets more scrutiny from bad actors. But in addition to old tricks, there are newer threats bitcoin ATMs introduce that cash ATMs do not face. Although the bitcoin ATM isn't exactly drawing crowds, Patel says a surprising number of senior citizens show up at the kiosk, alarming given the rise of bitcoin ATM scams targeting seniors. Basic steps to avoid bitcoin ATM scamsTo protect against these scams, users should be cautious and skeptical of any request to pay through a bitcoin ATM.
Persons: Timothy Bates, Bates, Joe Dobson, Dobson, Donald Trump's, J.D, Vance, refashioned, Elon Musk, Sai Patel, Patel, Alice Frei, Frei Organizations: University of Michigan's College of Innovation, Technology, Federal Trade Commission, Google, Social, Middletown Food Mart, Ohio, Trump Locations: United States, Middletown , Ohio, Middletown
The United States has informed allies that it believes Iran has transferred short-range ballistic missiles to Russia for its war in Ukraine, according to two people familiar with the matter. The White House declined to confirm the weapons transfer but reiterated its concern that Iran is deepening its support of Russia. The White House has been warning Iran for months not to transfer ballistic missiles to Russia. The White House has been on edge for months about a possible deal between Iran and Russia. President Joe Biden is set to host British Prime Minister Keir Starmer for talks at the White House on Friday.
Persons: Ali Khamenei, Masoud Pezeshkian, Sean Savett, Ukraine's, Volodymyr Zelenskyy, William Burns, Joe Biden, Keir Starmer, Karine Jean, Pierre Organizations: Government, United, Security, Kremlin, Moscow, United Nations, CIA, Ukraine, Democratic, White, Iranian, British, Street Journal Locations: Tehran, Iran, United States, Russia, Ukraine, Iranian, Russia's Kursk, London, China, North Korea, Western, Korea, Moscow, Russian, White House, U.S
European private equity firm Hg expressed interest in buying a majority stake in the enterprise software company. For startups, private equity represents a deep-pocketed buyer willing to move quickly, pay a premium, and potentially help the business by tapping into complementary companies in their portfolio. AuditBoard is the kind of startup that private equity goes gaga over. Bidding warArnold then delivered the pitch deck that he had shown to public market investors just weeks before. Here's the 19-slide pitch deck that AuditBoard used to court a $3 billion buyout from private equity.
Persons: , Scott Arnold, Morgan Stanley, Arnold, AuditBoard, Corporates, Daniel Kim, Jay Lee, It's, Fortune, Alex Johnson, Johnson, Morgan Stanley's, Roxanne Oulman's, Nic, Humphries — Hg's, Goldman Sachs, Humphries, he's Organizations: Service, Business, Battery Ventures, Tiger Global, Morgan Locations: Silicon Valley, San Francisco, Shutterfly, Paris
We'll show you where to watch the Packers vs. Eagles from around the world. Unlike last night's game and many others this season, the Packers vs. Eagles match-up will be available exclusively on Peacock in the US. Don't forget to bookmark our how to watch NFL games streaming guide for more information. Where to watch Packers vs. Eagles in the USAs mentioned above, the Packers vs. Eagles game will be available on Peacock in the US. Regions like the UK can watch the Packers vs. Eagles on DAZN's NFL Game Pass.
Persons: Peacock, We've, you'll, They're, ExpressVPN Organizations: Business, NFL, Green Bay Packers, Philadelphia Eagles, Packers, Eagles, NBC, Sunday, Peacock, Football, DAZN's Locations: DAZN, Regions, United States, China
The Biden administration is rolling out new export controls on critical technologies, including quantum computing and semiconductor goods, as China makes advances in the global chips industry. The department cited "national security and foreign policy reasons" for the move, and said it was the product of extensive discussions with international partners. These restrictions cover worldwide exports, but adds exemptions for countries that add similar controls, such as Japan and the Netherlands have done in the past. "Aligning our controls on quantum and other advanced technologies makes it significantly more difficult for our adversaries to develop and deploy these technologies in ways that threaten our collective security," he added. BIS also said it is also continuing to strengthen relationships with its allies to boost the effectiveness of export controls aimed at degrading Russia's military capabilities, as well as its "enablers" such as Belarus and Iran.
Persons: Biden, Alan Estevez Organizations: U.S . Department of Commerce, department's, of Industry and Security, BIS Locations: China, U.S, Japan, Netherlands, Belarus, Iran
We've outlined everything you need to know about where to watch the Paralympics around the world, including free streaming options. Check price at Peacock TVWhere to watch the Paralympics in the UKThe Paralympics will live stream for free on Channel 4 Sport's YouTube channel in the United Kingdom. Where to watch the Paralympics in AustraliaAs with the Olympics, the Paralympics will be shown for free on 9Now in Australia. Where to watch the Paralympics in FranceThe Paralympics will live stream for free on France.TV in France. You can still keep up with your free live streaming options using a VPN (virtual private network).
Persons: Hunter Woodhall, Johannes, Stan Sport, AWST, Peacock, ExpressVPN Organizations: Business, Paralympics, Paralympic Committee, IPC, YouTube, Sunday, NBC, Olympics, Channel Locations: Paris, ExpressVPN, United States, United Kingdom, Australia, France, 9Now
Smith briefly lived in Germany in the early 2000s when he worked as a judge advocate general for the US Army. "That trip that I took to Germany completely changed my world," Smith, 52, told Business Insider. He said life in Germany made him realize how much he enjoyed traveling outside the US. Related storiesIn April 2021, Smith landed a job at the Small Business Administration as an attorney overseeing COVID-19 pandemic-era loans. At that point, Smith visited the Dominican Republic with a friend.
Persons: , Kobi Smith, Smith, he's Organizations: Service, US Army, Business, Social, Social Security Administration, Social Security, US Army Reserves, Army, Small Business Administration, Washington Locations: Germany, Nuremberg, Europe, Canada, Japan, Mexico, Maryland, Washington, DC, COVID, Dominican Republic, Popeyes, Ansbach, Washington ,, American
Lowe's staff members were targeted via a Google ad for an employee portal claiming to be associated with the retailer. It's not a problem with Google, per se; malicious ads can also show up in queries using other search engines like Microsoft's Bing. "You see something appearing on a Google search, you kind of assume it is something valid," said Stuart Madnick, professor of information technology at MIT Sloan School of Management. Also avoid calling a telephone number listed in a sponsored ad because it could be a fake telephone number. Many privacy browsers have embedded ad blockers; consumers may still see sponsored ads, but they will see fewer of them, which minimizes the chances of malvertising.
Persons: Malwarebytes, Jérôme Segura, Erich Kron, Segura, Salesforce, It's, Bing, Stuart Madnick, Madnick, malvertising, isn't, there's, Avinash Collis, Kron, Chris Pierson, Pierson, Collis Organizations: U.S, Corporate, Google, MIT Sloan School of Management, Clearing, Gap.com, Consumers, Carnegie Mellon University's Heinz Locations: malvertising
Two days before his sentencing, Trump, they predict, will seek something never before allowed in the appellate courts in New York or in most states for that matter: an interlocutory appeal. AdvertisementEven Trump's Manhattan prosecutors are conceding that this is a legal monkey wrench to be reckoned with. "If New York's courts deny him a right to appeal, he can challenge the decision in federal court," said Paradis. If the federal district court in Manhattan says no, "he can appeal that to the second circuit federal court of appeals." This story has been updated to reflect Trump's federal court efforts, from August 29 to September 4, to further delay sentencing.
Persons: , Donald, Trump, John Moscow, Donald Trump, Todd Blanche, Justin Lane, that's, Stormy Daniels, Juan Merchan, White, Hope Hicks, Merchan, Alvin Hellerstein, tersely, Trump hasimmediately, Michel Paradis, Emil Bove, Paradis, Attorney Alvin Bragg, SCOTUS, Emil Bove ., Lewis Baach Kaufmann Middlemiss PLLC, unfinalized, Frank Bowman Organizations: Service, Business, Manhattan, US, White House, Trump, Columbia Law School, York, DA, Attorney, University of Missouri Locations: New York, Manhattan, Merchan
Jessica Gow | Afp | Getty ImagesRussia's ongoing war in Ukraine has resulted in a profound shift in the way defense stocks are viewed by mission-driven fund managers, according to two European defense giants. Defense stocks have typically been excluded from portfolios based on environmental, social and governance (ESG) factors due to ethical concerns over their association with warfare. Nonetheless, the inclusion of defense stocks in sustainably-minded portfolios remains controversial. It's really important that we see the role that defense companies play in protecting a free society. It's really important that we see the role that defense companies play in protecting a free society," he said.
Persons: Micael Johansson, Jessica Gow, Johansson, CNBC's Silvia Amaro, It's, Brad Greve, BAE Systems Johansson, hasn't, Ida Kassa Johannesen, Johannesen, Justin Tallis, Saab's Johansson, ESG, John Keeble, Greve Organizations: Saab, Afp, Getty, BAE Systems, Ukraine —, Saxo Bank, CNBC, Democratic, U.S, Republican, Democrats, Malloy Aeronautics, British Aerospace BAE Systems, Farnborough, Exhibition, Conference Centre Locations: Stockholm, Ukraine, Africa, Democratic Republic, Congo, Palestine, London, Farnborough, England
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