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In the run-up to Mother’s Day, women supporting former President Donald Trump’s campaign have criticized the Biden administration for neglecting working mothers and families. They have called out the administration’s use of “woke” terminology, such as “birthing people,” which replaced “mother” in an Office of Management and Budget proposal last year. During the introduction…

In a much-needed boost for Prime Minister Rishi Sunak, official figures revealed that the UK economy emerged from a short and shallow recession during the first quarter of 2024. Gross domestic product increased by 0.6% in the three-month period, surpassing analysts’ predictions of 0.4%. This growth was particularly strong in March, with an expansion…

During an appearance on “Fox & Friends First,” political strategist Scherie Murray criticized Vice President Kamala Harris’s “Extraordinary Gentlemen” dinners, which aim to address economic opportunities for Black men in business, politics, and culture. Murray accused Harris of “pandering” to the Black community, as polls show a decline in Biden’s support among African-American voters.…

According to recent research notes released by Barclays Plc and Bank of America Corp., there is conflicting outlook for the performance of municipal bonds in the near future. While the BofA group led by Yingchen Li and Ian Rogow predicts a “sunny” rally with credit spreads tightening, Mikhail Foux and Clare Pickering at Barclays…

Beginning July 1, thousands of restaurants and businesses in California will no longer be allowed to impose additional charges such as service fees, resort fees, surcharges, or “junk fees.” Instead, these expenses will need to be included in the initial price of goods and services, including food, drinks, and anything else being sold. Fees…

A European naval force has apprehended six suspected pirates following an attempted hijacking of an oil tanker in the Gulf of Aden, near the coast of Somalia. The Marshall Islands-registered Chrystal Arctic was fired upon by pirates travelling in a small boat carrying weapons and ladders, according to the UK Maritime Trade Operations Centre,…

The private sector members of a crucial government panel have advised the Bank of Japan (BoJ) to closely monitor the potential adverse effects of significant yen currency drops on prices, which may result in “excessive” price increases that negatively impact private demand. Despite exhibiting favourable trends in corporate profits, share values, and salaries, consumption…

In response to the upcoming expiration of many of the income tax cuts implemented by former President Donald Trump, the Biden administration is emphasizing the importance of tax fairness ahead of the 2024 elections. Lael Brainard, Director of the White House National Economic Council, will speak at the Brookings Institution about the major tax…

The concept of Web5, introduced by Jack Dorsey’s payments company Block (formerly Square), differs from Web3 in several ways. Firstly, while Web5 shares Web3’s foundation in decentralized protocols, it adds an additional layer of decentralization. This is achieved by combining Web3’s blockchain-based smart contracts with Web2’s centralized content platforms. Essentially, Web5 aims to provide…

Phemex, a leading cryptocurrency exchange, continues to innovate through a combination of CeFi and DeFi features. Their latest innovation is the Phemex Lending Protocol, which enables users to borrow cryptocurrencies using their digital assets at favorable rates and with ultimate flexibility. The protocol offers competitive borrowing rates, starting at 3.57% annual percentage yield (APY),…