‘Economy is unwell’: GDP report underlines recession concern

President Joe Biden formally kicked off his 2024 reelection campaign this week by declaring, “I’ve never been more optimistic about America’s future.” Wall Street isn’t sharing his enthusiasm. Across the financial industry, the overwhelming consensus is that the economy will struggle this year, with more than a dozen big banks in recent weeks forecasting little or no growth...

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Wall Street gives administration earful over antitrust enforcement

Wall Street dealmakers have dialed up their complaints to the White House over the last year as the administration's top antitrust enforcers — FTC Chair Lina Khan and DOJ antitrust head Jonathan Kanter — knuckle down on merger activity they say would damage the economy, according to Biden officials and financial industry executives. One senior administration official — who...

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The old guard: Joe Biden seems like a spring chicken compared to some of these guys

The US president would be 86 at the end of his second term, and he wouldn’t be alone in leading a country at such an advanced age. from Politics, Policy, Political News Top Stories https://ift.tt/XnLUfog via IFT...

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Guardsman spoke of ‘murder,’ may still possess secrets: U.S.

WORCESTER, Mass. — The Massachusetts Air National guardsman accused of leaking highly classified military documents kept an arsenal of guns, talked of “violence and murder” on a social media platform and an “assassination van,” prosecutors wrote before Thursday’s hearing for 21-year-old Jack Teixeira. The court filings raise new questions about why Teixeira had such a high...

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House GOP passes its debt bill, upping pressure on Biden

House Republicans passed their sweeping debt-limit and spending-cuts plan after a tumultuous 24 hours. Now, they have to see if it will bring President Joe Biden to the negotiating table. The vote followed a frantic day of eleventh-hour wrangling as Speaker Kevin McCarthy and his allies sought to lock down potential defectors ranging from conservatives to Midwesterners. In...

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Ex-Harvard prof sentenced, fined for lying about China ties

BOSTON — A former Harvard University professor convicted of lying to federal investigators about his ties to a Chinese-run science recruitment program and failing to pay taxes on payments from a Chinese university was sentenced Wednesday to supervised release and ordered to pay more than $83,000 in restitution and fines. Charles Lieber, 64, was sentenced by Judge Rya Zobel...

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More adults think access to abortion should be easier, Pew report finds

The number of adults living in states where abortion is banned or restricted who believe that access to abortion should be easier has grown since 2019, according to a new report from the Pew Research Center. In states that implemented bans on nearly all abortions after the Dobbs decision last year, 43 percent of adults said they believe it should be easier to get an abortion...

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