The pause in benefits for the Supplemental Nutrition Assistance Program would begin in states from California to Arkansas just before the busy holiday season. Millions of low-income Americans will lose access to food aid on Nov. 1, when half of states plan to cut off benefits due to the government shutdown. Twenty-five states told POLITICO … Read more
The House Energy and Commerce chair said a crackdown “absolutely needs to be in place.” As Republicans formulate a plan to potentially extend key health insurance subsidies that are at the center of the government shutdown fight, House Energy and Commerce Chair Brett Guthrie warned in an interview Tuesday that any extension would “absolutely” need … Read more
Trump is seeking a settlement for two Justice Department probes that he faced. President Donald Trump is pressing for his Justice Department to pay roughly $230 million as a settlement for investigations he faced during the Biden administration and his first term in office, sources familiar with the matter confirmed to ABC News Tuesday. The … Read more
Singapore wealth fund suing Chinese EV maker for faulty disclosure, raising wider concerns about China’s corporate accounting It was a blow to an industry whose rise had seemed inexorable. On October 16, Singapore’s sovereign wealth fund, GIC, announced that it would sue China’s NIO, an electric vehicle (EV) maker, over allegedly fraudulent accounting practices. That … Read more
ASEAN Power Grid is first real initiative that could bring the fragmented bloc together in a meaningful economic way In an era when ASEAN’s unity is often described more as symbolism than substance, the ASEAN Power Grid (APG) stands out as an ambitious vision that could finally bring tangible integration to Southeast Asia. Conceived more … Read more
Construction due to begin in 2027 on what is expected to become UK’s largest publicly owned windfarm Every islander on Orkney is expected to benefit from a major windfarm being built by the local council after it won £62m in financing from the UK’s national wealth fund. All the profits from the project to build … Read more
Andrew Bailey says a close look is needed at the private credit market after collapse of two big US firms The governor of the Bank of England, Andrew Bailey, has warned recent events in US private credit markets have worrying echoes of the sub-prime mortgage crisis that kicked off the global financial crash of 2008. … Read more
Chancellor, who is expected to announce tax rises and spending cuts, says effect of leaving bloc worse than predicted Rachel Reeves has blamed a heavier than anticipated blow from Brexit and austerity for forcing her to take action to balance the books at next month’s budget. In her clearest attempt to draw Brexit into the … Read more
Trump officials are expected to provide further details about a possible deal to import more beef from Argentina later Tuesday. Many GOP senators raised concerns directly with President Donald Trump on Tuesday about his idea to buy more beef from Argentina, according to four Republicans who attended a lunch hosted at the White House. The … Read more
Ex-home secretary says ‘work and teach’ visa, which thinktank finds could help reduce public concerns about immigration, is a ‘serious, pragmatic plan’ The former UK home and education secretary David Blunkett has backed calls for skilled migrants to train British workers in an effort to improve public feeling towards immigration. A report by the Good … Read more