5 things to know before the stock market opens Monday, August 8

A trader works on the floor at the New York Stock Exchange (NYSE), New York, August 3, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks look for momentum US equities markets were on track to open higher Monday morning after three … Read more

One year after Afghanistan, spy agencies pivot towards China

WASHINGTON (AP) — In a recent closed-door meeting with leaders of the agency’s counterterrorism center, the CIA’s No. 2 official made clear that fighting al-Qaida and other extremist groups would remain a priority — but that the agency’s money and resources would be increasingly shifted to focusing on China. The CIA drone attack that killed … Read more

Senate vote on tax and climate bill: Live updates

WASHINGTON (AP) — Democrats pushed their election-year economic package to Senate passage Sunday, a hard-fought compromise less ambitious than President Joe Biden’s original domestic vision but one that still meets deep-rooted party goals of slowing global warmingmoderating pharmaceutical costs and taxing immense corporations. The estimated $740 billion package heads next to the House, where lawmakers … Read more

Biden steps out of the room and finds legacy-defining wins

WASHINGTON (AP) — Over five decades in Washington, Joe Biden knew that the way to influence was to be in the room where it happens. But in the second year of his presidency, some of Biden’s most striking, legacy-defining legislative victories came about by staying out of it. A summer lawmaking blitz has sent bipartisan … Read more

Senate rules referee weakens Dem drug plan in economic bill

WASHINGTON (AP) — The Senate parliamentarian on Saturday dealt a blow to Democrats’ plan for curbing drug prices but left the rest of their sprawling economic bill largely intact as party leaders prepared for first votes on a package containing many of President Joe Biden’s top domestic goals. Elizabeth MacDonough, the chamber’s nonpartisan rules arbiter, … Read more

Senate backs Finland, Sweden for NATO 95-1, rebuking Russia

WASHINGTON (AP) — US Senators delivered overwhelming bipartisan approval to NATO membership for Finland and Sweden Wednesday, calling expansion of the Western defensive bloc a “slam-dunk” for US national security and a day of reckoning for Russian President Vladimir Putin over his invasion. of Ukraine. Wednesday’s 95-1 vote — for the candidacy of two Western … Read more

5 things to know for August 3: Primaries, Taiwan, Monkeypox, January 6, Kentucky

CNN — US veterans service organizations are breathing a sigh of relief after the Senate passed a long sought-after bill on Tuesday to expand care for millions of veterans exposed to toxic burn pits. The legislation now heads to President Joe Biden’s desk to be signed into law. Here’s what you need to know Get … Read more

EXPLAINER: Who was al-Zawahri — and why did US kill him?

WASHINGTON (AP) — A US drone strike in Afghanistan this weekend killed Ayman al-Zawahri, who helped Osama bin Laden plot the Sept. 11, 2001, attacks on the United States and helped al-Qaida survive and spread in the years after. By finding and striking al-Zawahiri, President Joe Biden said, the US was ensuring that Afghanistan under … Read more

Biden: Killing of al-Qaida leader is long-sought ‘justice’

WASHINGTON (AP) — President Joe Biden announced Monday that al-Qaida leader Ayman al-Zawahri was killed in a US drone strike in Kabul, an operation he said delivered justice and hopefully “one more measure of closure” to families of the victims of the Sept. 11, 2001, attacks on the United States. The president said in an … Read more

Economist slams Facebook for fact-checking recession post

A prominent economist has revealed that Facebook placed a fact-checking label on a post asserting that the US has entered a recession, giving it a “partly false” rating as President Biden continues to reject the grim assessment of the economy. Dr. Phillip Magness, the research and education director at the American Institute for Economic Research, … Read more