Donald Trump lost his sway over the Republican Party at a crucial moment as a handful of conservatives repudiated his call for GOP lawmakers to back Kevin McCarthy’s uphill fight to become House speaker.
Plummeting prices for nonfungible tokens have not stopped certain individuals from scamming NFT lovers into buying fake digital artwork.
(Bloomberg) — Samsung Electronics Co. announced a smart-home control device that doubles as a wireless charger at the CES conference in Las Vegas, pushing deeper into a market led by Amazon.com Inc.
(Bloomberg) — US stocks ended Wednesday’s session with gains as traders weighed the concerns Federal Reserve officials voiced during their last policy meeting against key data showing the economy is slowing. Treasury yields slipped.
President Joe Biden said he had spoken to the parents of Buffalo Bills safety Damar Hamlin, who collapsed during a game on Monday and remains in critical condition.
Markets aren’t prepared for how far US central bankers are willing to go to tame the hottest inflation in a generation, according to Morgan Stanley Investment Management’s Jim Caron.
The dysfunction playing out on the floor of the US House has quickly spilled outside the chamber as one-half of Capitol Hill has suddenly become a free-for-all.
(Bloomberg) — House GOP leader Kevin McCarthy suffered yet another stunning blow at the hands of a group of Republican dissidents, who blocked him from becoming speaker in a sixth round of voting and turned the first days of the party’s control of the chamber into a scene of chaos and dysfunction.
As Republican leader Kevin McCarthy fought party hardliners in a faltering bid to become US House speaker, his GOP counterpart in the Senate was almost 500 miles away from Washington — celebrating a landmark bipartisan accomplishment with the Democratic president.
(Bloomberg) — As California braces for another powerful winter storm, state leaders are telling their nearly 40 million residents to stay off the roads.
