Author: IA PressRoom

A measure that would expand the kind of criminal records that can be sealed from public view easily passed the Pennsylvania House of Representatives with bipartisan support on Monday.The legislation cleared the House on a 189-14 vote, and goes to the Senate.It would expand the state’s existing Clean Slate law to make non-violent drug felonies with a maximum sentence of 2 1/2 years eligible for automated sealing.PHILADELPHIA MAYOR AND OFFICIALS FACE LAWSUIT OVER COLUMBUS STATUE REMOVAL EFFORTSThe measure also would allow for those with a criminal history to petition to seal other nonviolent felonies if they are conviction-free for 10…

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A commonly heard battle cry throughout history has been “hold the line,” which is exactly what the S&P 500 SPX, -0.20% didn’t do following Friday’s monstrous rally, putting a bull market just out of reach again. Tuesday’s softer setup may not change that.Maybe those bearish Wall Street voices like Morgan Stanley’s Mike Wilson are just willing it to happen? Data shows investors have been fleeing equity funds, though there are bullish rumblings out there too — Citi analysts are on the lookout for “upside risk” in equities. One lingering question as summer shapes up is just how long the dominance…

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Apple unveiled its new mixed-reality headset, the Vision Pro, on Monday. The stock could be a ‘table-pounder,’ some analysts said. Others think the ‘good news’ is already priced in. It will take years to know for sure how successful the Vision Pro really is, tech investor Gene Munster said. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Apple unveiled its new mixed-reality headset, the Vision Pro, on Monday. The stock rose nearly 2% to hit an all-time high before the product was announced, but…

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This article is an on-site version of our Energy Source newsletter. Sign up here to get the newsletter sent straight to your inbox every Tuesday and ThursdayHello and welcome back to Energy Source.Saudi efforts to shock-and-awe the oil market with a big surprise supply cut over the weekend look more like shock-and-yawn a couple of days later. Crude prices held largely steady despite another Saudi pledge to slash output, with Brent settling on Monday at $76.71 a barrel, up less than 1 per cent.It is the third cut from the Saudis since October as they try to propel a crude price rally…

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© Reuters. FILE PHOTO: The U.S. Capitol Dome is illuminated as the Senate votes on debt ceiling legislation to avoid a historic default at the U.S. Capitol in Washington, U.S., June 1, 2023. REUTERS/Evelyn Hockstein By Jason Lange WASHINGTON (Reuters) – Neither President Joe Biden’s Democrats nor Republicans in Congress emerged as a clear winner in the battle to raise the $31.4 trillion debt ceiling, according to a new Reuters/Ipsos poll. The survey, conducted after Congress passed a bipartisan deal to raise the borrowing limit, found that 50% of Americans thought neither party emerged as a winner, while another 20%…

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© Reuters 12 Wall Street analysts discuss Apple Vision Pro as ‘hefty’ price pushes shares lower Apple (NASDAQ:) shares trade nearly 3% lower in pre-market Tuesday after the Cupertino-based company launched its much-anticipated mixed reality (MR) headset, which comes at a higher-than-expected price of $3,499. “Today marks the beginning of a new era for computing,” said Tim Cook, Apple’s CEO. “Just as the Mac introduced us to personal computing, and iPhone introduced us to mobile computing, Apple Vision Pro introduces us to spatial computing.” Here’s what analysts have to say about yesterday’s presentation and Vision Pro’s impact on Apple’s financials…

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© Reuters. By Richard Cowan WASHINGTON (Reuters) – The Republican-controlled House of Representatives this week will take on what some lawmakers see as a burning issue: protecting Americans from new restrictions on gas-fueled stoves. The House is set to vote on two bills preventing regulators from banning the stoves in the future or setting new energy conservation and health standards for new models. Some state and local governments have begun banning gas-fueled furnaces, water heaters, and gas stoves in some new buildings as a way of reducing fossil-fuel emissions contributing to climate change. The Republican bills, if passed by the…

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Source: TradingViewThe price of Ethereum (ETH) has dropped by 3% in the past 24 hours, slipping to $1,816 as the cryptocurrency market reels from the news that the SEC has sued Binance and its founder Changpeng Zhao with 13 violations.ETH hasn’t been as badly affected as other cryptocurrencies by this news, with the altcoin down by 4.5% in the past week, but still up by 51% since the beginning of the year.And in contrast to other altcoins, ETH has arguably benefitted from not being named as an unregistered security in the SEC’s charges against Binance, with such rivals as Cardano…

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Chris Christie is embarking on a mission that even some of his fiercest allies must squint to see ending in the White House.But Mr. Christie, the former governor of New Jersey who is now 60 and more than five years removed from holding elected office, has been undeterred, talking up an undertaking that he frames as almost as important as winning the presidency: extricating the Republican Party from the grip of Donald J. Trump.“You need to think about who’s got the skill to do that and who’s got the guts to do it because it’s not going to end nicely…

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