Author: News Room
A Brazilian Supreme Court justice on Friday ordered the suspension of Elon Musk’s social media giant X in Brazil after the tech billionaire refused to name a legal representative in the country, according to a copy of the decision seen by The Associated Press The move further escalates the monthslong feud between the two men over free speech, far-right accounts and misinformation. Justice Alexandre de Moraes had warned Musk on Wednesday night that X could be blocked in Brazil if he failed to comply with his order to name a representative, and established a 24-hour deadline. The company hasn’t had…
WASHINGTON — For nearly a decade, former president Donald Trump has rallied voters around a cry to cut the size of the federal government and “drain the swamp.”But now one Republican running in a key House race is trying to distance himself from the proposed cuts, and from Trump’s plan to move 100,000 federal workers out of the D.C.-Maryland-Virginia area while firing “rogue bureaucrats” — policies that could cost the area’s economy billions of dollars.Derrick Anderson is the Republican nominee running in a competitive race to represent Virginia’s seventh congressional district in the House. The district has almost 60,000 federal employees…
Brazil’s supreme court on Friday ordered a nationwide suspension of Elon Musk’s social network X after the company vowed to defy earlier court orders concerning content moderation and the appointment of a legal representative in the country.Alexandre de Moraes, the court’s top judge, has also ordered daily fines for people or businesses in Brazil that use virtual private networks (VPNs) or other methods to access X while the site is banned in the country, G1 Globo reported.The court issued a statement via its government website in Brazil on Friday, saying that it had ordered “the immediate and complete suspension of…
Despite President Biden’s request to reinstate the SAVE plan the administration created to help student loan borrowers pay less in monthly payments, the Supreme Court declined to do so on Wednesday. Lower courts blocked the plan earlier in the summer after legal challenges were brought up by GOP-led states. The decision by the court had no immediate effect on the millions of borrowers enrolled in the plan but blocks new applications. When the initial block came, borrowers who were part of the plan were automatically placed into an interest-free forbearance. During this forbearance, borrowers aren’t required to make monthly payments.The…
Mortgage rates decreased a bit this week, remaining uncomfortably high for many would-be buyers but hitting their lowest point in months. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.73% this week from 6.78% last week. The average rate on a 30-year loan was 6.90% a year ago.”Mortgage rates declined to their lowest level since early February,” said Sam Khater, Freddie Mac’s chief economist. “Expectations of a Fed rate cut coupled with signs of cooling inflation bode well for the market, but apprehension in consumer confidence may…
“I don’t want to be a burden on my children when I’m old.” This statement is one I consistently hear expressed by older people from all walks of life. While it’s natural and noble to be worried about how you might disrupt your children’s lives as you age, “worrying” isn’t a strategy! Instead, use any worries you might feel as motivation to take steps now to plan for the time you’ll likely be frail. I say “likely” because unfortunately, it’s not really a matter of if you’ll become frail; most retirees will experience some degree of physical or mental decline…
Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues Ad never loaded Ad prevented/slowed the page from loading Content moved around while ad loaded Ad was repetitive to ads I’ve seen previously Other issues Read the full article here
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Vanguard supported none of the 400 environmental or social shareholder proposals that it considered in the 2024 US proxy season, saying they were “overly prescriptive”, unnecessary or did not relate to material financial risks.The $9.3tn money manager’s support for these kinds of proposals at company annual meetings has been falling sharply for three years, after peaking at more than 46 per cent support in 2021. Last year it voted in favour of 2 per cent of such proposals.Vanguard said in its US…
What Happened Since the IT Outrage CrowdStrike Holdings, Inc. (NASDAQ:CRWD) beat on both revenue and non-GAAP EPS estimates in Q2 FY2025, but forecasted a disappointing outlook. Although the company managed the crisis effectively, CRWD’s top priority is now to strengthen customer engagement. I believe some customers may hesitate to renew the Platform products in the near term, leading to a lower net revenue retention rate and impacting top-line growth. To preserve goodwill, CRWD has made concessions, such as offering discounts to certain customers, which could result in a significant slowdown in ARR growth in coming quarters. Following the outage, I…
ABC News intends to mute the microphones of Donald Trump and Kamala Harris while their opponent speaks during an upcoming presidential debate, according to a copy of the formal rules obtained by CNN, but the Harris campaign is continuing to push back on the final sticking point. “Candidate microphones will be live only for the candidate whose turn it is to speak, and muted when time belongs to another candidate,” ABC stated in the debate rules sent to the campaigns on Tuesday. While the Trump campaign has accepted the rules governing the Sep. 10 matchup, Harris’ campaign said it remains in…
