List of All Articles with Tag 'politics'

Former Vice President Mike Pence on Wednesday released an economic proposal to tackle high inflation that includes cutting government programs, the Environmental Protection Agency and President Joe Biden's incentives aimed at curbing impacts of climate change.

House Republicans are bracing for a bruising showdown with the White House and the US Senate this fall as House Speaker Kevin McCarthy once again will have to decide how far he's willing to go to assuage the demands of the far right members in his ranks.

"Mr. President, we got a problem with labor."

By Marc Jones LONDON (Reuters) -Morgan Stanley cut Israel sovereign credit to a "dislike stance" on Tuesday after the country's

Millions of people are set to lose Covid-19 pandemic-era benefits this fall -- specifically, the student loans payment pause, child care provider stabilization funds, the suspension of work requirements for food stamps and continuous Medicaid coverage.

Americans no longer have to fear the Internal Revenue Service showing up unannounced at their door.

By Emily Rose JERUSALEM Nearly 70% of Israeli startups have taken action to relocate parts of their business

By Andrew MacAskill LONDON (Reuters) -British Prime Minister Rishi Sunak's governing Conservatives lost two strategically important parliamentary seats on Friday

Florida Gov. Ron DeSantis is urging the state's pension fund manager to consider legal action against Bud Light's parent company amid conservative backlash to the beermaker's recent marketing efforts, the latest attempt by the Republican presidential candidate to inject himself and the state he runs into the country's culture wars.

The Securities and Exchange Commission announced that it had settled fraud charges with the financial firm tied to former president Donald Trump’s Truth Social platform, Street Insider reported. The SEC had accused Digital World Acquisition Corporation (DWAC), a special purpose acquisition company, of making material misrepresentations in forms it filed with the SEC as part of its initial public offering and its proposed merger with Trump Media & Technology Group Corp (TMTG), which Mr Trump founded. DWAC had misled both the SEC and investors when it failed to disclose that it had formulated a plan to acquire and was pursuing the acquisition of TMTG. Special purpose acquisition companies are meant to identify and acquire operating businesses. But the SEC said in the forms DWAC filed to support its IPO in September 2021, neither it nor its officers had said it had discussions with any target companies before its IPO. But the SEC’s order found that the person who would become DWAC’s chief executive and board chairman, along with other people, had extensive special purpose acquisition company meetings with Mr Trump’s company, and that the executive had pursued talks with TMTG for another special purpose acquisition company he created. In turn, the SEC called DWAC’s Form S-1 false and misleading. “DWAC failed to disclose its discussions with TMTG and failed to disclose a material conflict of interest of its CEO and Chairman,” Gurbir S Grewal, the director of the SEC’s enforcement division. “In the context of a SPAC – a ‘blank-check’ entity without business operations – these disclosure failures are particularly problematic because investors focus on factors such as the SPAC’s management team and potential merger targets when making financial decisions.” The SEC said that DWAC violated antifraud provisons of security laws. It had previously announced that it would pay an $18m settlement in the event it closes a merger transaction and it would sign a cease and desist order. Last month, federal authorities arrested Michael Shvartsman, Gerald Shvartsman and Bruce Garelick and the three were named in an unsealed federal indictment. The all pleaded not guilty to insider dealing at a court in New York City this month. Read More Truth Social’s merger partner reaches $18m settlement with SEC

A dozen states have had to pause terminating certain residents from Medicaid and to restore coverage -- at least temporarily -- for tens of thousands of people, according to the Centers for Medicare and Medicaid Services.

When President Joe Biden returns to Pennsylvania on Thursday, his message will be similar to the one he's delivered on many of his 26 previous visits to the commonwealth since taking office.