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China Slams Philippines’ Typhon Missile Deal with U.S., Warns of ...
1 day ago · The Philippines' decision to explore the acquisition of the U.S.-developed Typhon missile system has ignited tensions with China, which has condemned the move as a provocative escalation in an already volatile region. Philippine military chief Lieutenant-General Roy Galido announced on Monday that the missile system, known for its mid-range precision, would be deployed to protect the nation's ...
Senate Approves Social Security Expansion for Public Workers, …
3 days ago · The Senate passed the Social Security Fairness Act early Saturday, addressing a decades-long grievance among millions of retired public service workers. The legislation, which now heads to President Joe Biden for approval, promises to boost benefits for those affected by longstanding federal policies that reduced Social Security payments for …
House GOP Scrambles to Avert Shutdown as Deadline Looms
4 days ago · The urgency was palpable in the House, as Republicans unveiled their fourth plan to fund the government. This proposal, expected to garner significant Democratic support, includes provisions for extending government funding until March 14, a one-year extension of the farm bill, and a $110 billion disaster aid package negotiated earlier with Democrats.
Bipartisan Funding Deal Collapses Amid Trump’s Call for Tougher ...
6 days ago · Efforts to prevent a government shutdown unraveled on Wednesday after President-elect Donald Trump abruptly rejected a bipartisan funding proposal, demanding tougher negotiations just days before the deadline. The move has thrown Congress into chaos as lawmakers face the prospect of a shutdown heading into the holiday season.
Biden Finally Addresses Drone Sightings, But Doubts Still Persist
6 days ago · President Joe Biden has weighed in on the escalating reports of mysterious drone sightings across New Jersey and New York, seeking to calm public concerns. Speaking at the White House on Tuesday, Biden reassured reporters that there is "no sense of danger" linked to the unexplained activity. "Nothing nefarious apparently, but they're checking it all out," the president stated, marking his ...
Fed Likely to Cut Interest Rates Again While Signaling a Slower …
Dec 16, 2024 · The Federal Reserve is expected to implement another interest rate cut this week, reducing its benchmark rate by a quarter percentage point to approximately 4.3%. This decision, marking the fourth consecutive cut since September, comes as policymakers navigate a resilient economy paired with persistent inflationary pressures. Despite a stronger-than-anticipated economic performance, inflation ...
U.S. Inflation Edges Higher to 2.7% in November, Fed Rate Cuts on …
Dec 11, 2024 · Inflation showed signs of accelerating in November, with the consumer price index (CPI) climbing 2.7% over the past 12 months, up slightly from October's 2.6%, according to data released Wednesday by the Bureau of Labor Statistics. On a monthly basis, prices rose 0.3%, marking a quicker pace than October's 0.2% increase.
TikTok Seeks Supreme Court Intervention to Block Potential U.S.
Dec 17, 2024 · TikTok, the video-sharing platform with over 170 million American users, has asked the U.S. Supreme Court to block a law that could ban the app nationwide if its Chinese parent company, ByteDance, fails to divest by January 19. The request, filed on Monday, marks the latest development in a high-stakes legal battle that pits national security concerns against free speech protections under the ...
China Rejects U.S. Defense Meeting Amid Taiwan Arms Sale Tensions
Nov 21, 2024 · China's refusal to meet with U.S. Defense Secretary Lloyd Austin this week has further strained the already fraught relationship between the two nations' defense leaders. The rejection came as Austin attended the ASEAN Defense Ministers' Meeting-Plus in Laos, an event often used for high-level dialogues. Beijing's decision highlights its protest against a recent $2 billion U.S. arms sale to ...