Republican Kevin McCarthy, the top congressional leader, has stated that he is making progress in negotiations with President Joe Biden to raise the federal government’s debt ceiling. The United States is facing a risk of default in just over a week. The Treasury Department has predicted that the government will run out of funds to
New York Yankees’ manager, Aaron Boone, has received a one-game suspension following his third ejection in two weeks. Michael Hill, Major League Baseball’s senior vice president for on-field operations, stated that the disciplinary action was “for his recent conduct toward major league umpires, including the actions following his ejection from Thursday night’s game against the
Serbian President Aleksandar Vucic has resigned as the leader of the Serbian Progressive Party (SNS) at a party congress, claiming that the country needs a new approach to bring unity. Vucic will remain the head of state. The move comes as thousands of people from Serbia, Kosovo, Montenegro, and Bosnia rallied in support of Vucic
Phillip Schofield’s former co-presenter, Holly Willoughby, has spoken out about his admission of having an affair with a much younger male colleague. Willoughby claims that she directly asked Schofield about the rumors of the affair and he denied them, which she now finds to be a lie. The broadcaster has since resigned from ITV and
The Nevada Legislature has introduced a bill that could give the Oakland Athletics up to $380 million for a potential $1.5 billion retractable-roof stadium on the Las Vegas Strip. The majority of public funding will come from $180 million in transferable tax credits from the state and $120 million in county bonds, which can vary
Major League Baseball has suspended Yankees manager Aaron Boone for one game due to his recent behavior towards umpires. Boone’s suspension will take place on Friday night during the game against the San Diego Padres. During his suspension, Carlos Mendoza will manage the team in his place. In addition to his suspension, Boone was also
Edward James Olmos has recently opened up about his battle with throat cancer on Mando Fresco’s podcast, “Mando & Friends.” The 76-year-old actor revealed that he finished chemotherapy and radiation in December after being diagnosed with throat cancer. He expressed his gratitude for being in good physical condition, which enabled him to fight the disease.
On Friday, Treasury Secretary Janet Yellen said that the United States may have enough reserves to delay a potential debt default until June 5. In a letter to House Speaker Kevin McCarthy, Yellen stated that the Treasury would have insufficient resources to meet the government’s obligations if Congress does not raise or suspend the debt
Tech investors are showing more interest in artificial intelligence (AI) technology. The Nasdaq Composite has gained 2.5% in the past five days, marking its fifth-straight weekly gain, and is now up 24% for the year. The S&P 500 is up 9.5% for the year, while the Dow Jones Industrial Average is slightly down. This week’s
On Friday, the stock market experienced an increase in prices as traders became hopeful that lawmakers would soon reach a deal to raise the U.S. debt ceiling, thereby averting a potentially disastrous default. The Dow Jones Industrial Average rose by 1%, or 328.69 points, to settle at 33,093.34. The S&P 500 also experienced a gain