#obligations

[ follow ]
investigation
www.nytimes.com
10 months ago
Tech industry

Binance Reaches Deal With Government to Avert U.S. Shutdown

The Securities and Exchange Commission reached a deal with Binance late Friday that would allow the world's largest cryptocurrency exchange to keep operating in the United States and safeguard customer assets as the company battles a government lawsuit.After filing fraud charges against Binance on June 5, the S.E.C. moved to freeze the firm's U.S. assets in a move that the exchange's lawyers said would put it out of business in the United States.
www.theguardian.com
10 months ago
France news

Binance to quit the Netherlands and faces investigation in France

Binance has suffered setbacks in two European markets after it announced plans to quit the Netherlands and came under investigation by French prosecutors.The world's largest cryptocurrency exchange said it was leaving the Dutch market after it failed to obtain a licence from the country's central bank.
www.independent.co.uk
10 months ago
UK news

Hancock apologises after breaching MPs' conduct rules by lobbying standards tsar

Former health secretary Matt Hancock has apologised for a rule breach after he lobbied the Commons' standards commissioner during an investigation into a Conservative MP.Mr Hancock committed the minor breach of the MPs' code of conduct by writing an unsolicited letter to Parliamentary Commissioner for Standards Daniel Greenberg in defence of senior Tory Steve Brine, who was under investigation for allegedly breaking lobbying rules.
www.independent.co.uk
10 months ago
UK news

Hancock breached Commons code of conduct by lobbying standards tsar

Former health secretary Matt Hancock is expected to apologise to Parliament for breaching the MPs' code of conduct by attempting to influence the Commons standards tsar.Mr Hancock committed the minor breach by writing an unsolicited letter to Parliamentary Commissioner for Standards Daniel Greenberg in defence of senior Tory Steve Brine, who was under investigation for an alleged breach of lobbying rules.
www.independent.co.uk
10 months ago
UK news

Deadline looms for Government to hand over Johnson papers to Covid Inquiry

Rishi Sunak's Government could face a legal battle with the Covid-19 public inquiry unless it backs down over a demand to disclose Boris Johnson's private messages and papers.The Cabinet Office has been given until 4pm to hand over diaries, notebooks and a trove of WhatsApp messages or face the threat of a criminal prosecution.
www.independent.co.uk
10 months ago
UK news

Deadline looms again in Covid inquiry row as Johnson says WhatsApps can be given

The Government faces a deadline to either release Boris Johnson's unredacted messages and diaries to the Covid-19 inquiry or face a legal dispute, with an extension due to come to an end on Thursday.The Cabinet Office had claimed it did not have access to Mr Johnson's WhatsApp messages and private notebooks ahead of an earlier deadline on Tuesday.
moreinvestigation
Real estate
www.housingwire.com
10 months ago
Real estate

CFPB will identify ways to simplify mortgage servicing rules

The Consumer Financial Protection Bureau (CFPB) will look for ways to streamline and simplify mortgage servicing rules in the months ahead following public comment on how to reduce risks for borrowers having trouble with their mortgage payments, according to a blog post from CFPB Director Rohit Chopra.
www.housingwire.com
10 months ago
Real estate

Higher mortgage rates, wider spreads follow debt ceiling impasse

The debt limit fight between the Republican-controlled House of Representatives and President Joe Biden's White House is adding pressure to a shrinking mortgage market.Amid the rising risk of government default, mortgage rates increased to the highest level in two months last week, and its spread to the Treasury bonds widened above the historical average.
www.housingwire.com
10 months ago
Real estate

Mortgage apps decline as rates hit the 7% mark

Last week, the U.S. debt ceiling impasse and the resilient economy led mortgage rates to climb to the highest level in two months.Some indexes show the 30-year fixed rate has reached the 7% mark, which has reduced borrowers' appetite for home loans.The latest MBA data published on Wednesday morning shows that mortgage loan applications decreased 4.6% for the week ending May 19 compared to one week earlier.
www.housingwire.com
11 months ago
Real estate

Mortgage apps decrease amid rates as rates climb back toward 7%

Borrowers' demand for home loans slowed down last week as mortgage rates increased to their highest level in two months.This time the source of volatility is not the Federal Reserve's tightening monetary policy but ongoing discussions to raise the U.S. statutory debt ceiling in Congress.Secretary of the Treasury Janet Yellen sent a letter to all members of Congressional leadership on Monday saying the federal government will likely no longer be able to satisfy its obligations if Congress has not acted to raise or suspend the debt limit potentially as early as June 1.
HousingWire
11 months ago
Real estate

Beyond TRID: Safeguarding compliance on every loan

With lenders competing for every purchase transaction, some may be dusting off products they haven't used in years or expanding their credit box to accommodate more borrowers and increase access to homeownership.Ensuring that creativity doesn't compromise compliance takes serious research and constant QC system updating.
HousingWire
11 months ago
Real estate

EarnUp financial wellness platform reaches new milestone in Q1

Financial wellness technology company EarnUp reached a new milestone last quarter, helping millions of Americans schedule mortgage, auto, and student loan payments through its Payday to Payday program and technology.The company says it processed more than 50 million payment transactions worth $43 billion in total as of Q1 2023.
moreReal estate
www.cbc.ca
10 months ago
Canada news

The company that makes the Instant Pot and Pyrex cookware is filing for bankruptcy | CBC News

The company that makes kitchen staples like CorningWare, Pyrex and the Instant Pot has entered bankruptcy proceedings in the U.S. and Canada.Illinois-based Instant Brands said Monday that it has "initiated a voluntary court-supervised Chapter 11 process," due to an unmanageable debt load."Tightening of credit terms and higher interest rates impacted our liquidity levels and made our capital structure unsustainable," CEO Ben Gadbois said in a news release.
www.cbc.ca
10 months ago
Canada news

Air Canada now offering some compensation over recent delays | CBC News

Saying its initial response was "erroneous," Air Canada is now making cash offers to some travellers in compensation for the airline's recent flight disruptions.The airline had initially said the technical glitch that caused the disruptions was out of its hands, relieving it of obligations to pay compensation.
emptywheel
10 months ago
Left-wing politics

Trump Needs Cleared Lawyers, Not Just Any Lawyers - emptywheel

WaPo has a 28-paragraph article on Trump's scramble to find lawyers to appear at his arraignment today that doesn't mention several things that are undoubtedly making the search harder.First, there are all the details in the indictment that reveal how much information Trump withheld from his lawyers: not just the location of the files Evan Corcoran needed to search on June 3, 2022 (and Tim Parlatore tried to search in November and December, only to find none of the documents that remain unaccounted for), but also the sensitivity of the documents he had them claiming before Courts were merely personal records.
Truthout
11 months ago
Left-wing politics

"It Was Dehumanizing," Says Women Who Was Illegally Denied Emergency Abortion

"It was terrifying," said a woman who was denied an abortion."It was horrible not to get the care to save your life."A book entitled "The Right to Abortion" lays on a table at the Hope Clinic For Women in Granite City, Illinois, on June 27, 2022.- Abortion is now banned in Missouri.
www.theguardian.com
10 months ago
UK politics

Home Office faces legal action over children missing from UK asylum hotels

Placing unaccompanied children in hotels run by the Home Office is unlawful, according to a legal action launched after hundreds of youngsters living in them have gone missing.Launched on Monday by the charity ECPAT UK, the legal action argues that the Home Office has no authority to place unaccompanied children in asylum hotels, from where scores have been kidnapped by gangs.
www.theguardian.com
10 months ago
UK politics

Matt Hancock ordered to apologise to MPs for breach of lobbying rules

Matt Hancock has been ordered to apologise by parliament's sleaze watchdog after it found he broke House of Commons rules by trying to lobby an official investigating another Conservative MP for lobbying.The former health secretary, who sits as an independent, having been stripped of the Tory whip, was found to have committed only a mild breach of the rules.
www.independent.co.uk
10 months ago
UK news

Illegal Migration Bill breaches UK human rights obligations, MPs and peers warn

The Illegal Migration Bill breaches a number of the UK's human rights obligations, MPs and peers have warned ministers.Most asylum seekers arriving in the UK after the flagship legislation has been passed would have their claim declared inadmissible, according to a report published by Parliament's Joint Committee on Human Rights.
time.com
10 months ago
US politics

There's Still No Debt-Limit Deal After High-Stakes Negotiations Between Biden and McCarthy

House Speaker Kevin McCarthy emerged from a pivotal one-on-one meeting with President Joe Biden Monday without a deal to raise the debt limit, but expressed optimism about reaching an agreement in time to avert a potentially catastrophic federal default.I felt we had a productive discussion, McCarthy said after the meeting.
Chicago Tribune
11 months ago
Chicago

Editorial: Chicago can't afford $3 billion more in pension obligtions

Chicago firefighters, who risk their lives to keep us safe, deserve a decent living and a secure retirement.So, don't get us wrong when we call out irresponsible legislation moving through Springfield that would add an estimated $3 billion to Chicago's out-of-control pension obligations over the next three decades.
www.cnn.com
11 months ago
US politics

Debt ceiling: Still no plan to avoid a default, but major shifts in posture

After a week of meetings on the debt ceiling, Congress, the White House and the country still do not have a clear path forward to avoid a cataclysmic default with just four days when both the House and Senate are scheduled to be in session before June 1, when the US could default on its obligations.
www.theguardian.com
11 months ago
Europe politics

Tories' revised plans to scrap EU laws are still reckless, say lawyers

The Conservatives' decision to water down proposed legislation to remove 4,000 EU laws from the statute books is still a reckless and irresponsible project, leading barristers have said.While the business secretary, Kemi Badenoch, was accused of a massive climbdown, barristers say the retention of sweeping undemocratic ministerial powers and the removal of the interpretive effect of EU law will blow up decades of legal precedent set by courts in Britain and makes for legislation like that found in authoritarian states.
www.nytimes.com
11 months ago
US politics

Here's the latest on the debt ceiling.

WASHINGTON President Biden and Speaker Kevin McCarthy emerged from a critical meeting at the White House on Tuesday with no consensus on how to end their impasse over the federal debt and spending just weeks before the nation is set to default on its obligations for the first time in history.With the American and perhaps the global economy hanging in the balance, the meeting was the first such session between the Democratic president and Republican speaker since February.
www.nytimes.com
10 months ago
Wellness

The Beauty of a Walk and Talk'

Note: As the smoke from Canadian wildfires continues to cover parts of the U.S., it may be unhealthy to walk outside.If you're in an affected area, please save this advice for later and stay safe.Hello, fellow (and aspiring) walkers!This is the second installment of our monthlong newsletter series dedicated to the joys of ambling outdoors.
Fatherly
10 months ago
Fathers

6 Sleep Survival Tips for Night Owl Parents

Sorry, night owls, but the world is designed for morning people, and there's not a damn thing you can do about it.You're reminded of this annoying fact nearly every morning when your 6 a.m.alarm - or a co-sleeping kid - forces you awake before you're ready.Yet in order to be a responsible coworker and a present parent, you suck it up and get out of bed.
Fatherly
11 months ago
Fathers

What It's Like Raising A Kid You Didn't Want

I hate being a mom.And I really hate being a single mom.I don't hate my kid; I adore him.But I hate taking care of him, I hate being solely responsible for him, I hate "playing," and I hate supporting him on my own (his father contributes nothing and there's little I can do about it).Most of all, I hate that I often see my son as a burden, and I hate the thought that on some level, he either knows this already or will divine this as he grows older.
www.cnn.com
10 months ago
US politics

Debt ceiling package does little to address America's major fiscal problems

Although it's named the Fiscal Responsibility Act, the compromise debt ceiling package that President Joe Biden signed into law this past weekend doesn't do much to fix the nation's enormous financial challenges.The deal, which prevented the US from defaulting on its obligations and unleashing economic upheaval, holds non-defense discretionary spending relatively flat for the coming fiscal year after agreed-upon appropriations adjustments and allows an increase of only 1% the following fiscal year.
www.nytimes.com
10 months ago
US politics

So What Is the Debt Limit Anyway? Here's What to Know.

The wrangling over the nation's debt limit raises a lot of questions, including what it actually is and why the United States has one.Here's everything you need to know.The debt limit is a cap on the total amount of money that the United States is authorized to borrow to fund the government and meet its financial obligations.
www.cnn.com
10 months ago
US politics

Obama agreed to $2.1 trillion in spending cuts to end 2011 debt ceiling crisis. Here's what happened next.

The nation is days away from defaulting on its obligations.The Republican House speaker, pushed by conservatives in his party, demands deep spending cuts.The president, a Democrat, works on negotiating a package to avert a fiscal calamity.No, it's not 2023.It's 2011, when then-President Barack Obama agreed to a debt ceiling deal with then-House Speaker John Boehner that called for more than $900 billion in upfront spending cuts and deficit reduction, as well as the creation of a joint congressional committee that would find at least $1.2 trillion in additional belt tightening.
www.nytimes.com
10 months ago
US politics

White House and G.O.P. Strike Debt Limit Deal to Avert Default

Top White House and Republican negotiators on Saturday reached a deal in principle to raise the debt limit for two years while cutting and capping some government spending over the same period, a breakthrough after a marathon set of crisis talks that has brought the nation within days of its first default in history, three people familiar with the agreement said.
www.cnn.com
10 months ago
US politics

Why it's so hard to pinpoint the X-date, when the US defaults

A version of this story appeared in CNN's What Matters newsletter.To get it in your inbox, sign up for free here.For weeks, Treasury Secretary Janet Yellen had been consistently telling lawmakers to act soon because the X-date, when the US could default, could occur as soon as June 1.On Friday, she updated that prediction, giving debt ceiling negotiators an extra four days.
www.cnn.com
10 months ago
US politics

Congress must address debt ceiling by June 5, Yellen warns

If Congress does not address the debt ceiling by June 5, the US Treasury Department will not have enough funds to pay all of the nation's obligations in full and on time, Treasury Secretary Janet Yellen said Friday.Based on the most recent available data, we now estimate that Treasury will have insufficient resources to satisfy the government's obligations if Congress has not raised or suspended the debt limit by June 5, she wrote in a letter to House Speaker Kevin McCarthy and other congressional leaders.
www.cbc.ca
10 months ago
Toronto

Flair is Canada's worst airline when it comes to passenger complaints, federal data shows | CBC News

Ultra low-cost carrier Flair is Canada's worst airline for complaints, with more than 20 per cent of its flights generating some sort of complaint to the Canadian Transport Agency (CTA), new federal data shows.While gripes about air travel are not unusual, the CTA, the quasi-judicial body that regulates air transportation, found Flair had the dubious distinction of trailing all other major carriers on customer satisfaction in the first quarter of 2023.
www.theguardian.com
10 months ago
UK politics

Ministers face legal challenge over cuts to walking and cycling investment in England

The government faces a legal challenge to its decision to cut investment in walking and cycling in England, over claims that the move bypassed legal processes and risks scuppering commitments over the climate emergency and air pollution.Lawyers acting for the Transport Action Network (TAN), a campaign group, have written to the Department for Transport (DfT) to formally seek a judicial review of the cuts announced in March by Mark Harper, the transport secretary.
www.independent.co.uk
10 months ago
UK news

Boris Johnson reported to police over new potential lockdown breaches'

Boris Johnson has been reported to the police by the Cabinet Office over fresh claims that he may have broken lockdown rules during the pandemic.Information has been passed to two forces over alleged visits from the former prime minister's friends to Chequers as well as potential breaches within Downing Street, The Times reported.
www.theguardian.com
11 months ago
UK politics

Strong bladders required for interminable faffing of King Charles's coronation | John Crace

It rained.Of course it did.It wouldn't have been a proper coronation if it hadn't.Brits wouldn't have had it any other way.We were born to suffer.Keep calm and carry on.The first guests had started arriving at Westminster Abbey from early in the morning.Among them the lucky MPs who had received an invite.
www.independent.co.uk
10 months ago
UK news

Call for King to apologise for historical LGBT ban in armed forces

The King is facing a call to apologise for the way LGBT+ people were treated by the armed forces prior to the ban on their service being lifted in 2000.Campaigners are calling for greater compensation and recognition ahead of the publication of a Government-commissioned independent review.LGBT+ forces charity Fighting With Pride and others are calling for the Prime Minister to issue a formal apology on behalf of the Government.
www.independent.co.uk
10 months ago
UK news

Boris WhatsApp row descends into farce as senior Tories call for Sunak to end dispute

An extraordinary row over Boris Johnson's WhatsApps risked descending into farce as the former prime minister said he was happy for his messages to be given to the Covid inquiry only for the government to say it did not have them.Downing Street was forced to deny allegations of a cover-up as it stuck by its stance that it should not be forced to release irrelevant material concerning the private lives of government staff.
www.independent.co.uk
10 months ago
UK news

Covid inquiry legal battle looms over Johnson WhatsApp requests

Ministers could be set for a legal battle with the Covid-19 inquiry over the requested release of unredacted WhatsApp messages and diaries belonging to Boris Johnson.The Cabinet Office has until 4pm on Tuesday to respond to the request from Lady Hallett's official inquiry.There has so far been little sign that ministers are set to shift from the position that the Government has no duty to disclose unambiguously irrelevant material.
www.independent.co.uk
10 months ago
UK news

Deadline looms for Covid inquiry reply after Johnson WhatsApp requests

Ministers are under pressure over whether to release unredacted WhatsApp messages and diaries belonging to Boris Johnson to the Covid-19 inquiry or risk sparking a further legal row.The Cabinet Office has until 4pm on May 30 to respond to the request or risk the prospect of legal action.It is so far resisted the request from Lady Hallett's official inquiry, raising the possibility that ministers could seek to challenge it by way of judicial review.
www.independent.co.uk
10 months ago
UK news

5 key takeaways from row over Boris Johnson's Covid inquiry WhatsApps

The government has been threatened with legal action by its own Covid inquiry over a failure to provide it with key documents it says it needs to do its job.Here's what you need to know about the row: The inquiry was announced by Boris Johnson in May 2021 to look into the UK's handling of the pandemic.
www.independent.co.uk
10 months ago
UK news

Boris Johnson in row with Cabinet office after police referral

Boris Johnson is accusing the Cabinet Office of making bizarre and unacceptable claims about him after the department referred the former prime minster to police over further potential lockdown rule breaches.Mr Johnson said the Government was entirely wrong after it emerged he had been reported to two forces over events at both Chequers and Downing Street.
For those who rely on @PrivacyPros up-to-the-week tracker of U.S. state comprehensive (cross-sector) privacy proposals, check out our U.S. Federal Privacy Legislation Tracker, which also includes sector-specific proposals, thanks to @mugefz! https://t.co/XAvS0SG3Y2
Iapp
10 months ago
Privacy professionals

US Federal Privacy Legislation Tracker

1. US federal privacy legislation is an ever-evolving landscape with new laws and amendments constantly being introduced. 2. Companies should remain aware of the changing regulations and take proactive steps to ensure they remain compliant. 3. The International Association of Privacy Professionals provides a comprehensive tracker of US federal privacy legislation
Electronic Frontier Foundation
10 months ago
Privacy professionals

What the Supreme Court's Decision in Warhol Means for Fair Use

1. The Supreme Court’s decision to recognize Andy Warhol’s artworks as fair use sets a precedent for protecting the use of copyrighted material for creative expression.
2. The Court’s ruling that Warhol’s artworks were transformative in nature helped to establish the
Engadget
11 months ago
Privacy professionals

The FTC wants to ban Meta from profiting from kids' data | Engadget

is in hot water with the Federal Trade Commission once again after the agency proposed more sanctions against the company, which has allegedly failed to fully comply with a 2020 privacy order.Among other things, the agency has proposed a blanket ban on monetizing data Meta collects from users aged under 18, whether they use Facebook, WhatsApp, Instagram or Quest virtual reality headsets.
please do not import cookie banners.
AdExchanger
1 year ago
Privacy professionals

Why Are So Many US Companies Using Cookie Banners On Their Websites?

Most people would agree with this statement: "Pop-ups are annoying."A rather amusing article in The Verge laments the recent unfortunate revival of website pop-ups, which the author describes as dogging them through the hellscape of their internet experience with messages pushing them to like, subscribe, click, listen, sign in and accept all.
www.nytimes.com
10 months ago
Europe news

A Russian Deserter's Flight to Norway Presents a Fraught Dilemma for His Host

Sipping a $12 beer in one of the world's wealthiest capitals, Andrei Medvedev reflected on the question hanging over him since he left the battlefields of Ukraine: Is he a hero or a war criminal?He claims to have deserted from Russia's notorious Wagner mercenary force during the monumental battle for the Ukrainian city of Bakhmut, and later to have escaped his native Russia by running across a frozen Arctic river.
The Hockey Writers
10 months ago
San Jose Sharks

San Jose Sharks and Matvei Michkov are Perfect Match

The San Jose Sharks are going to pick fourth overall in the upcoming NHL Entry Draft.While there will certainly be many talented players available when they're on the clock, it's hard to imagine one will be better than Russian sensation Matvei Michkov.His name has been floating around for years as one of the top players in this draft class.
www.cnn.com
10 months ago
US politics

The latest on the debt ceiling impasse

The exterior of the U.S. Department of Treasury building on March 13 in Washington, DC.Chip Somodevilla/Getty Images Nearly five months before the US was projected to hit the debt ceiling, a small team inside the Treasury Department began alerting top officials to early effects already being felt in the US financial system.
www.cnn.com
10 months ago
US politics

Debt limit negotiators under pressure to reach deal as risk of default grows

There are signs that negotiations over raising the nation's debt limit are gaining momentum, but major differences remain and it's unclear how quickly an agreement could come together.Time is running short as the risk of a first-ever default grows.With no bill to vote on, House lawmakers left Washington for the Memorial Day weekend and will be given 24 hours' notice to return if and when a deal is reached.
www.cnn.com
10 months ago
US politics

Debt ceiling talks continue as default deadline looms

U.S. Secretary of the Treasury Janet Yellen at Johns Hopkins University's School of Advanced International Studies (SAIS) on April 20 in Washington, DC.Anna Moneymaker/Getty Images Treasury Secretary Janet Yellen said Wednesday that she will try to be more precise about when the nation could start missing payments in her next advisory to Congress.
www.cnn.com
10 months ago
US politics

Yellen warns Congress again that default could be just days away, but others forecast a little more time

Treasury Secretary Janet Yellen reinforced her warning to Congress that it has only a little time left to address the debt ceiling before the nation defaults on its obligations.It is highly likely that the agency will not be able to pay all of its bills in full and on time as soon as June 1, Yellen wrote in a letter to House Speaker Kevin McCarthy on Monday.
www.housingwire.com
10 months ago
Real estate

Storm clouds on the horizon for the mortgage industry

Residential mortgage industry analysts and executives continue to see choppy waters ahead.The banking crisis is still unfolding, impacting the mortgage-backed securities (MBS) space, reducing jumbo loan offerings, and putting pressure on commercial real estate companies.Even if the U.S. debt limit impasse is solved, the U.S. can face a downgrade to its long-term debt, with consequences for the overall economy.
www.cnn.com
11 months ago
US politics

Treasury burns through funds amid bumpy debt ceiling talks

The Treasury Department is steadily draining the funds it has to pay the nation's bills during the debt ceiling impasse.Treasury had $57.3 billion in cash on hand as of Thursday, according to federal data.The amount bounces around as the agency takes in revenue and makes payments, but the balance has declined from $238.5 billion at the start of the month, when the coffers were relatively flush from tax collections in April.
www.housingwire.com
11 months ago
Real estate

Mortgage rates increase as debt ceiling battle continues

Mortgage rates increased this week as the debt limit impasse between the Republican-controlled House of Representatives and President Joe Biden's White House continues to cause uncertainties within the market.Rising rates and home prices come with affordability challenges, mainly for first-time homebuyers.
www.cnn.com
11 months ago
US politics

US could default on its debt as soon as June 1 if Congress doesn't act, Yellen says

The US could default on its obligations as soon as June 1 if Congress doesn't address the debt limit before then, Treasury Secretary Janet Yellen said Monday.After reviewing recent federal tax receipts, our best estimate is that we will be unable to continue to satisfy all of the government's obligations by early June, and potentially as early as June 1, if Congress does not raise or suspend the debt limit before that time, Yellen wrote in a letter to House Speaker Kevin McCarthy.
www.nytimes.com
10 months ago
NYC parents

My Father Was Awful. Do I Have to Plan His Funeral?

After a childhood spent shuttling between divorced parents, my relationship with my father (with whom I never lived full time) became rote and dreaded as I matured into adulthood.Not only did I recognize he was a deeply unhappy person with addiction issues which occasionally placed me in danger, I was always bothered by his racist, misogynistic and homophobic jokes.
www.cnn.com
10 months ago
US politics

Social Security payments could be delayed due to debt ceiling impasse

If the US is not able to pay all its bills for the first time ever, senior citizens could quickly feel the pain.Unless President Joe Biden and House Republicans hammer out a deal to address the debt ceiling soon, the Treasury Department may not have enough funds to fully satisfy all of the nation's obligations as soon as June 1.
www.nytimes.com
10 months ago
US news

McCarthy Renews Call for Spending Cuts as Debt Talks Resume at White House

With a potential federal default just over a week away, Speaker Kevin McCarthy renewed his call on Wednesday for President Biden and congressional Democrats to accept spending cuts in exchange for raising the debt limit and allowing the Treasury Department to avoid missing payments.You have to spend less than you spent last year, Mr. McCarthy said at a news conference in the Capitol as Biden administration and Republican negotiators gathered at the White House.
www.nytimes.com
10 months ago
US news

Yellen Warns of Missed Payments if Debt Limit Is Not Lifted

Treasury Secretary Janet L. Yellen said on Wednesday that it was almost certain that the United States would not have enough cash to continue to pay all of its bills on time beyond early June and that she would soon provide Congress with a more precise update about when the nation could default if the debt limit is not raised.
www.nytimes.com
10 months ago
US news

Hillary Clinton Says Dianne Feinstein Should Not Resign

Hillary Clinton weighed in this week on a question that has occupied Senate Democrats and much of the party at large for months: whether Senator Dianne Feinstein of California should resign in light of mounting health problems that have made it difficult for her to do her job.Mrs. Clinton's answer was no but largely based on anticipation that Republicans would exploit the vacancy, not on an evaluation of Ms. Feinstein's health or performance.
www.nytimes.com
11 months ago
US news

So What Is the Debt Limit Anyway? Here's What to Know.

President Biden and top congressional leaders are set to meet Tuesday to discuss raising the debt ceiling.Which raises a lot of questions, including what the debt limit actually is and why the United States has one.Here's everything you need to know about the debt limit.The debt limit is a cap on the total amount of money that the United States is authorized to borrow to fund the government and meet its financial obligations.
Exchangewire
10 months ago
Marketing tech

MiQ Appoints Leading Media & Technology Executives Zillah Byng-Thorne and Rob Norman to Global Statutory Board

MiQ, a leading global programmatic media partner, proudly announced the appointment of esteemed media and technology leaders Zillah Byng-Thorne and Rob Norman as non-executive directors to its global statutory board."It's an honour to welcome Zillah and Rob to our statutory board to advise on MiQ's ongoing global initiatives," said Gurman Hundal, co-founder and global chairman, MiQ. "Both possess unique skill sets and leadership experiences that will contribute greatly to MiQ's future growth ambitions in the programmatic arena.
Battery Power
10 months ago
Atlanta Braves

Braves TV rights contract payments to go to Bankruptcy Court soon, per report

The slow-motion death of the rights holder of many regional sports TV contracts, Diamond Sports, is currently taking place.The Braves' TV contract payments during Diamond's bankruptcy are to be renegotiated as John Ourand of Street and Smith's Sports Business Journal reports.There is some interesting reporting here as the May 31st bankruptcy hearing approaches.
time.com
10 months ago
US politics

Hillary Clinton: Dianne Feinstein Shouldn't Retire

Secretary Hillary Clinton defended her friend and former colleague Senator Dianne Feinstein, whose advanced age and failing health have prompted calls for her to resign from the Senate, saying that Feinstein's resignation would not be worth the tradeoff when it comes to judicial appointments.In a wide-ranging interview Monday at the Chicago Humanities Festival, I asked the former Secretary of State why so many of her fellow Democrats were staying in office well into their 80s, even as the party has strengthened its bench of young talent.
www.independent.co.uk
10 months ago
France news

A first-time filmmaker in Cannes: Molly Manning Walker on her breakthrough 'How to Have Sex'

Molly Manning Walker was still bleary-eyed from six months in the editing suite rushing to finish her first feature film when she arrived at the Cannes Film Festival.It's nice to have a deadline," Walker, 29, said while sipping an espresso.I work best with chaos.Six weeks earlier, Walker had just gotten off the Tube in London when her producer, a normally calm person, called her shouting: Where have you been?
www.cnn.com
10 months ago
US politics

Debt ceiling negotiations continue as default deadline looms

The US Capitol is seen in Washington, DC, on May 22. Mandel Ngan/AFP/Getty Images There isn't much precedent on what to do in case of a default, since it's never happened before.If the government doesn't raise the ceiling, the United States won't automatically go into default.The Treasury Department has enough to cover some obligations, but it's uncertain what protocol it would adopt to handle payments.
BBC News
10 months ago
London

Camden leaseholders: 'My 850,000 newbuild flat is now worthless'

Living in a newly built block of flats deemed not fit for purpose by surveyors, has been a "daily living nightmare" residents have said.Leaseholders at 53 Agar Grove in Camden claim they have spent hundreds of thousands of pounds in legal fees fighting insurers and developers.One resident, who bought his two-bedroom flat in 2019 for £850,000, said the experience had been "life-ruining".
www.cnn.com
10 months ago
US politics

Debt ceiling negotiations continue as default deadline looms

US President Joe Biden speaks during a press conference following the G7 Leaders' Summit in Hiroshima on May 21.Brendan Smialowski/AFP/Getty Images In a news conference over the weekend, President Joe Biden addressed the possibility of using the 14th Amendment to continue US government borrowing in the absence of a deal, suggesting he has the power but not the time to utilize the unilateral action.
SFGATE
11 months ago
SF real estate

Closing on a House: Settlement Tips for Home Sellers

iStock Before closing on a house, you need to get to the settlement table.You're near the end of the process of selling your home, but don't breathe a sigh of relief just yet.While it's certainly true that you can let go of the anxiety of needing to show your home at any moment, you still need to cooperate with your buyer, the buyer's agent, and the commitments made in the contract.
SFGATE
11 months ago
SF real estate

What to Know Before Using a 401(k) Loan for a Down Payment

Getty Images If you're struggling to save enough for a home down payment, a 401(k) loan might look like a quick and easy solution, especially if you have more money stashed in that account than anywhere else.Among Americans with retirement accounts, including 401(k)s, the median account value was $65,000, according to the Federal Reserve's Survey of Consumer Finances, based on the most recently available 2019 data.
www.independent.co.uk
11 months ago
UK news

What is the Renters' Reform Bill and what are no-fault evictions?

A long-delayed bill introduced to Parliament on Wednesday promises to oversee a once-in-a-generation overhaul of housing laws, according to the Department for Levelling Up, Housing and Communities, which pledges safer, fairer and higher quality homes for 11 million British renters.The government says the Renters' (Reform) Bill is designed to ensure the systems works for landlords and tenants.
www.independent.co.uk
11 months ago
UK news

Company fined 550,000 after worker fall death

A construction company has been fined 550,000 over the foreseeable and avoidable death of a worker who was impaled on metal piping, according to the Crown Office.Matthew Mason, 20, was working at Bearsden train station in East Dunbartonshire to install a PA system when he fell to his death.The worker was attempting to free cabling which had become stuck when he fell backwards from a step ladder and was impaled on a section of piping being used as the handle on a cable drum.
www.independent.co.uk
11 months ago
UK news

Penny Mordaunt grateful' after coronation praise

Penny Mordaunt has said she is grateful after praise was heaped on the Conservative Cabinet minister for her role in the King's coronation.As Lord President of the Council, she was responsible for bearing The Sword of State and presenting The Jewelled Sword of Offering to the King the first time it has been carried and presented by a woman.
www.independent.co.uk
11 months ago
UK news

Faith leaders unite to encourage communities to volunteer on coronation weekend

Leaders from a range of faith communities across the UK have come together to encourage Britons to volunteer over the coronation weekend as part of the Big Help Out.The campaign will take place on Monday May 8, a bank holiday, and aims to inspire and recruit a new generation of volunteers by showing how easy it is to get involved.
www.independent.co.uk
11 months ago
UK news

Eva Green says justice prevailed' after High Court win over film collapse

Actress Eva Green said justice prevailed after winning her High Court battle with a production company over the collapse of an abandoned sci-fi film.The 42-year-old sued White Lantern Film after production on A Patriot was shuttered in October 2019, claiming she was entitled to her million-dollar (810,000) fee for the film, despite its cancellation, under the terms of their agreement.
www.independent.co.uk
11 months ago
UK news

Eva Green wins legal battle over abandoned sci-fi film

Eva Green has won her High Court battle with a production company over the collapse of an abandoned sci-fi film.The Casino Royale star was due to play the lead role in dystopian thriller A Patriot, but the production collapsed in October 2019.Green sued the production company behind the project after the film was abandoned, claiming she is entitled to her $1m (810,000) fee under the terms of their agreement.
Document Journal
11 months ago
Writing

Szilvia Molnar's 'The Nursery' paints a grim portrait of parenthood

Against a cultural backdrop of #TradWives and #BossQueens, the novel delves into the dark side of nuclear family, in scenes shockingly blunt and intimate

If you're as addicted to the internet as I am, you're probably familiar with #TradWives donning aprons, baking cookies, bragging about being housewives, raising kids, and feeding husbands.
time.com
11 months ago
Public health

Exclusive: More Than 70% of Americans Feel Failed by the Health Care System

More than 70% of U.S. adults feel the health care system is failing to meet their needs in at least one way, according to new data from the Harris Poll, shared exclusively with TIME.Despite spending more money per capita on health care than any other wealthy country in the world, the U.S. struggles to match other nations in life expectancy and other health outcomes.
www.npr.org
11 months ago
Health

FDA advisers narrowly back first gene therapy for muscular dystrophy

In a close vote, advisers to the Food and Drug Administration recommended approval of a gene therapy for muscular dystrophy developed by Sarepta Therapeutics.Sarah Silbiger/Getty Images In a split vote, advisers to the Food and Drug Administration recommended that the agency approve the first gene therapy for Duchenne muscular dystrophy, the most common form of the genetic illness.
www.cnn.com
11 months ago
US politics

Significant risk' for debt default in early June, CBO reinforces

There is a significant risk that the federal government will no longer be able to pay all its obligations in the first two weeks of June if the debt limit remains unchanged, the Congressional Budget Office said Friday.The forecast reinforces both Treasury Secretary Janet Yellen's estimate and the agency's earlier warning that House Republicans and President Joe Biden may only have a few weeks to address the debt ceiling or unleash global economic and financial upheaval.
www.cnn.com
11 months ago
US politics

Here's how the 14th Amendment factors into the debt ceiling debate

As the stalemate over addressing the debt ceiling continues and the threat of default looms larger, President Joe Biden has resurfaced the controversial idea of using the 14th Amendment as a way to lift the borrowing cap without Congress.How could a 145-year-old change to the US Constitution that gave citizenship to former slaves serve as a path out of the debt ceiling drama?
www.nytimes.com
11 months ago
Television

Still: A Michael J. Fox Movie' Review: Hiding in Plain Sight

With apologies to Dr. Emmett Brown, you don't need a flux capacitor to build a time machine.All you need to do is make a film.Still: A Michael J. Fox Movie, a new biographical documentary from Davis Guggenheim (An Inconvenient Truth), zips through the Back to the Future actor's career with humor and style; it gives the impression that its subject is willing to answer any question.
www.cnn.com
11 months ago
US politics

Biden's second debt limit meeting with congressional leaders postponed

President Joe Biden's anticipated meeting originally scheduled for Friday with congressional leaders aimed at discussing a deal to avert a default on the national debt has been postponed, a White House spokesperson said.Friday's meeting would have been the second time in less than a week that congressional leaders met with Biden at the White House in an effort to reach a solution to avoid default.
Los Angeles Times
11 months ago
California

California to improve services for deaf people in state care under new legal settlement

(Allen J. Schaben / Los Angeles Times)

The California Department of Developmental Services has agreed to improve the care it provides to deaf people with intellectual and developmental disabilities as part of a new legal settlement in federal court, according to court filings.The settlement is the result of a 2020 lawsuit in which deaf clients, their guardians and statewide disability rights organizations alleged that thousands of deaf people who attend the department's day programs or live in its housing were being "systematically denied interpreters and other aids and services that are necessary for effective communication," among other injustices.
www.cnn.com
11 months ago
US politics

Biden to meet with congressional leadership as threat of national debt default looms

President Joe Biden is set to meet with congressional leadership on Tuesday amid a stalemate in Washington to raise the debt ceiling and avoid a default that would have catastrophic economic consequences.A path forward to raising the debt ceiling remains unclear.House Republicans want to attach spending reductions to a debt ceiling increase and have passed a debt limit plan that does just that.
Los Angeles Times
11 months ago
Los Angeles Rams

Zach Neto's parents still shocked by their son's big league rise: 'Is this real?'

(Ashley Landis / Associated Press)

Maggie and Joaquin Neto have not missed watching a minute of every game that their son, Angels starting shortstop Zach Neto, has played since getting his call-up to the big leagues this season.Maggie, 52, and Joaquin, 54, live in Miami.They were in attendance to see Zach make his debut in Boston, but because of work and other obligations - they have an older son and a younger daughter who plays college softball - they since have only been able to see Zach play over the broadcasts, three time zones away.
www.cnn.com
11 months ago
US politics

If US defaults on its debt, Treasury would have to decide how to pay the bills

As the date that the US could default on its obligations grows closer, the Treasury Department must prepare for an unprecedented situation figuring out which bills to pay with the money it has on hand if Congress doesn't act.One option that Treasury officials have seriously contemplated in past debt ceiling dramas is prioritizing payments, which would entail satisfying certain bills before others.
Southern Coalition for Social Justice
11 months ago
Social justice

NC Board of Elections Should Issue National Voter Registration Act Guidance to County Boards

During the 2022 election cycle, voter registration groups in North Carolina ran into a new problem: a shortage of paper copies of registration forms.Groups were forced to pay to print the forms themselves-or, if they couldn't, had to abandon their plans to hold registration drives.And at least one county board of elections tried to charge registration groups for forms, too.
news.bitcoin.com
11 months ago
Cryptocurrency

Standard Chartered Analyst: BTC to Surge by $20,000 if the US Defaults on Debt Obligations Featured Bitcoin News

Geoff Kendrick, the head of forex research at the banking institution Standard Chartered, recently said that the price of bitcoin is likely to jump by $20,000 in the event of the United States defaulting on its obligations.According to Kendrick, while bitcoin is likely to surge when the U.S. defaults, other cryptocurrencies like ethereum are likely to go down.
www.cnn.com
11 months ago
US politics

5 ways a debt default could affect you

President Joe Biden and House Republicans may have as little as a month to prevent the US from defaulting on its debt, which would impact millions of Americans and unleash economic and fiscal chaos here and around the world.Treasury Secretary Janet Yellen warned Monday that the government may not be able to pay all of its bills in full and on time as soon as June 1.
Importance of Due Diligence for Patent Practitioners and the US/China Economic War | Patently-O
Patently-O
11 months ago
Intellectual property law

Importance of Due Diligence for Patent Practitioners and the US/China Economic War

by Dennis Crouch
37 C.F.R. § 11.18(b) imposes crucial responsibilities on patent applicants, attorneys, and agents.Documents submitted to the USPTO implicitly certify that:


Statements made are true or are are believed to be true (based upon information and belief) and do not include any attempt to conceal a material fact; and
That a reasonable inquiry was conducted to confirm that: (i) statements have no improper purposes, (ii) legal contentions are supported by existing law or valid arguments for change, (iii) allegations and factual contentions have or are likely to have evidentiary support, and (iv) denials of factual contentions are based on evidence or a reasonable lack of information or belief.
www.cnn.com
11 months ago
US politics

No. 3 House Republican defends party's debt ceiling bill

House Majority Whip Tom Emmer said Sunday that President Joe Biden doesn't have to negotiate over the debt ceiling, saying that Republicans in the House, led by Kevin McCarthy, have passed the solution.House Republicans last week narrowly passed their bill to raise the nation's $31.4 trillion debt limit by an additional $1.5 trillion.
Rolling Stone
11 months ago
Marketing

Want to Make Cash As a Creator? Here's How

In the early days of social media, people scoffed at the idea that posting content could be a way to make a living.Today, the creator economy has exploded, with YouTube, TikTok, and OnlyFans stars earning as much money as bankers, doctors, and lawyers."[The industry] is at the point where there are more road maps, there's more credibility," says Samir Chaudry, one half of Colin and Samir, whose YouTube channel features creators going deep on their craft.
www.cnn.com
11 months ago
US politics

Debt default may hit later in summer as more tax revenue comes in

House Speaker Kevin McCarthy and President Joe Biden likely have a little more time to work out a deal to avoid a catastrophic debt default, thanks to procrastinating taxpayers.The Treasury Department got a surge of tax revenue earlier this week, which should provide it with the cash it needs to pay the federal government's bills for a longer period of time.
Austin Monitor
11 months ago
Austin

Planning Commission recommends historic zoning for Broken Spoke - Austin Monitor

Friday, April 28, 2023 by Jonathan Lee
The iconic Broken Spoke dance hall is headed for official historic status, ensuring the venue is preserved as the South Lamar corridor continues to develop.The Planning Commission on Tuesday voted 8-0 to recommend approval of historic zoning for the Broken Spoke, which has hosted live country music and dancing at 3201 S. Lamar Blvd.
Hardwood Houdini
11 months ago
Boston Celtics

Polarizing former Boston Celtics forward lands in even more brutal media market in proposal

If you thought the Boston media was tough on Gordon Hayward, then one can only imagine what the New York media, and mostly, the passionate and oftentimes aggressive New York fans, would do to the polarizing former Boston Celtics signing as the 33-year-old enters a contract year.NBA Analysis Network's James Piercey composed a mock trade proposal that'd send Hayward to the Big Apple involving Evan Fournier and Derrick Rose's dead money and heading to the Hornets - along with the right to swap first-round picks in 2029.
[ Load more ]