Politics
Politics
House GOP tees up contempt vote for FBI director as Biden probe heats up
A committee contempt vote would significantly ramp up House Republicans’ conflict with the FBI, which has faced major flak since the GOP took the majority, given the years-long conflict between the two entities. In addition, such a move would signal a new phase of Comer’s investigation into Biden’s affairs, where Republicans hope to find an… […]
Politics
Indian opposition leader Gandhi calls on U.S. audience to stand up for ‘modern India’
Gandhi has been on a three-city tour of the United States, including speaking engagements at Stanford University in California and the National Press Club in Washington, D.C. Meanwhile, U.S. congressional leaders have invited Modi to address a joint meeting of Congress later this month. House Speaker Kevin McCarthy, Senate Majority Leader Chuck Schumer and other… […]
Politics
Biden signs debt ceiling bill
President Joe Biden addresses the nation on the budget deal that lifts the federal debt limit and averts a U.S. government default, from the Oval Office of the White House in Washington, Friday, June 2, 2023. | Jim Watson/AP Photo President Joe Biden on Saturday signed the debt ceiling bill, a capstone to months of… […]
Economy
Economy
Asia-Pacific markets rebound after sell-off as investors assess Tokyo CPI, await U.S. inflation data
Center street shibuya. David Gee | Moment | Getty Images Asia-Pacific markets mostly rebounded Friday, after Thursday’s sell-off saw some indexes in the region hit their lowest level in months. Japan’s Nikkei 225 was the notable outlier, extending losses for an eighth straight day to 37,667.41, down 0.53%. The Topix lost 0.38% to close at […]
Economy
How Visa employed artificial intelligence to check $40 billion in fraud as scammers also take to AI
Blocks forming robot on white background. Yuichiro Chino | Moment | Getty Images Payments giant Visa is using artificial intelligence and machine learning to counter fraud, James Mirfin, global head of risk and identity solutions at Visa, told CNBC. The company prevented $40 billion in fraudulent activity from October 2022 to September 2023, nearly double […]
Economy
U.S. Secretary of Commerce talks domestic chip production: ‘There’s no place to be reckless here or play politics’
In a Thursday interview with CNBC’s Jim CramerU.S. Secretary of Commerce Gina Raimondo stressed the importance of domestic chip production and said the country is on track to meet its end-of-decade goal. “My boss, President Biden, has been crystal clear on this topic, and I think there’s no place to be reckless here or play […]
