Author: IA PressRoom

The NewsLeading congressional Republicans excoriated Secretary of State Antony J. Blinken on Friday for traveling to China this weekend, accusing him of undermining national security by attempting to normalize diplomatic relations with Beijing as they press for a more hard-line approach.Representative Michael McCaul, Republican of Texas and the chairman of the Foreign Affairs Committee, threatened to subpoena Mr. Blinken if he failed to produce documents by Friday evening detailing the list of retaliatory actions the U.S. government has considered against China, and when they were applied.“The Biden administration’s weak actions on the global stage continue to embolden the C.C.P.,” Representative…

Our experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page. General liability insurance covers a wide variety of events that could harm my small business. As I expand my business, my coverage will make it easier to try out new revenue opportunities. I got more coverage than I anticipate needing so that I’ll have room to grow over time. Loading Something is loading. Thanks for signing up! Access…

© Reuters Investing.com — The S&P 500 stumbled Friday, but still remained on course for its best week since March after the Federal Reserve paused rate hikes earlier this week. The fell 0.2%, but is up about 3% for the week, its best performance since march. The added 0.1%, or 49 points, and the fell 0.5%. Technology stocks were the drag on the broader market, paced by a 1% decline in Alphabet (NASDAQ:) and Microsoft Corporation (NASDAQ:), while semiconductor stocks also ran out of steam following an AI-led rally. Adobe Systems (NASDAQ:), however, rose more than 1% after lifting its…

© Reuters Investing.com — An underwhelming storage build has led to an overwhelming in demand prospects for natural gas, resulting in the biggest weekly price gain for the fuel since March. The on the New York Mercantile Exchange’s Henry Hub settled Friday’s session at $2.6320 per mmBtu, or metric million British thermal units — up 9.9 cents, or almost 4% on the day. This week’s breakout above $2.60 was the first for a Henry Hub front-month in three weeks. For all of the current week, the contract finished up nearly 38 cents, or 17%, for its biggest weekly percentage gain…

Source: AdobeThe US Federal Deposit Insurance Corporation sent a letter to OKCoin USA, Inc., demanding the cryptocurrency exchange take action to address false and misleading statements about its deposit insurance.The FDIC sent three letters to OKCoin USA, Inc., Bodega Importadora de Pallets and Money Avenue LLC, on Thursday, making those demands, and warning that certain statements could harm consumers. “The FDIC has observed an increasing number of instances online where firms or individuals have misused the FDIC’s name or logo, or have made false or misleading representations about deposit insurance,” said FDIC Chairman Martin J. Gruenberg in a statement. “These practices…

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Vietnam war veteran receives medal of honor Nearly 60 years after first being recommended for the medal of honor, retired Green Beret Col. Paris Davis has received the top military award for his Vietnam service. Fox News chief national security correspondent Jennifer Griffin has the details.Daniel Ellsberg, the former military analyst who made history by leaking the damning Pentagon Papers during the Vietnam War, died at the age of 92 on Friday.Ellsberg had announced he was diagnosed with pancreatic cancer in February.In a family statement obtained by Fox News, Ellsberg’s family said that the nonagenarian died peacefully and surrounded by…

City of Dubai, Burj Khalifa getty In late May, Dubai’s Virtual Asset Regulator Authority (VARA) hosted some of the world’s most successful digital assets and Web3 companies to discuss Dubai’s bold new regulator strategy in hand with the city’s recently launched ‘D33’ – a 10-year economic agenda aimed at doubling the size of the economy in the coming decade, to position Dubai as a top global financial services and talent hub along New York, London, Hong Kong, and Singapore, and to bolster its other key sectors, including logistics, trade, manufacturing, and tourism, VARA makes Dubai one of a handful of…

US private health insurers had a good pandemic. Lockdowns and fear of infection prompted many Americans to steer clear of clinics. Even after the worst of Covid-19 had passed, patients deferred costly procedures such as knee surgeries. With premiums still rolling in, the country’s leading health insurers — UnitedHealth, Cigna, Elevance Health (formerly known as Anthem) and Humana — raked in record revenues and robust profits in each of the past three years.The four collectively made $35.6bn in profits on $753bn of revenues last year. Shares have risen in tandem. The S&P Managed Health Care index hit a record high…

© Reuters. FILE PHOTO: A keyboard is placed in front of a displayed Twitter logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Sheila Dang (Reuters) -Twitter plans to focus on video, creator and commerce partnerships to revitalize the social media company’s business beyond digital advertising, according to an investor presentation by owner Elon Musk and new Chief Executive Linda Yaccarino that was reviewed by Reuters. Yaccarino, who started as CEO on June 5, told Twitter investors on Thursday that the company is in early conversations with political and entertainment figures, payments services and news and media…