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Stories from United States

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politics 42d ago Washington

Kennedy Proposes Reparenting Model For Youth

Health Secretary Robert F. The proposal cites a drug treatment community in rural Italy as a potential model. Critics are scrutinizing the plan, noting that abstinence-based programs frequently fail. He specifically addressed a vision for Black children during an interview on the High-Level Conversations podcast. Kennedy described the initiative as a way to assist children harmed by addiction and the overprescription of anxiety and depression medications. HHS officials told NPR that Kennedy would have no further comment regarding his interest in San Petroano. Residents and employees in the community east of Florence on Italy's Adriatic coast expressed surprise and confusion regarding Kennedy's enthusiasm for the program. Local leaders in San Petroano stated they have no record of Kennedy ever visiting or contacting them to learn about the community.
NPR
economy 42d ago Washington

Senate Banking Committee Approves Trump Powell Successor

US Federal Reserve Chair Jerome Powell appeared before the press for the last time yesterday before stepping down from his position next month. The Federal Reserve maintained interest rates at a range of 3.5 to 3.5 percent, a move described as unsurprising. Department of Justice confirmed last week that investigations into the matter have been discontinued. The Senate Banking Committee has approved President Trump's nominee to replace Jerome Powell.
SRF 4 News
economy 42d ago Washington, D.C.

Trump Claims Intel Stock Gains Exceed $30 Billion

President Trump stated that federal stock holdings in Intel have generated more than $30 billion in recent months. This follows his authorization of US government investment in the semiconductor company last summer.
NBC News Radio
conflict 42d ago Washington, D.C.

Ammonia Transit Dependency Highlighted In Bab el-Mandeb

Donald Trump reiterated claims that Iranian officials expressed a desire to settle negotiations.
NBC News Radio
politics 42d ago Washington, D.C.

Senator Nyamu Sponsors AI Regulation Bill

Senator Nyamu has introduced legislation aimed at regulating the use of artificial intelligence.
GDELT
economy 42d ago Mountain View

Tech Giants Record $130 Billion Q1 Capex

Meta, Alphabet, Microsoft, and Amazon reached a combined capital expenditure of $130 billion in the first quarter. Projections suggest total spending will hit $725 billion in 2026, representing a 77% increase from 2025 levels.
Mastodon
economy 42d ago

US Bitcoin Company Loses $500 Million

American Bitcoin has lost $500 million in shareholder value over an eight-month period. This financial downturn occurred amidst surging bullish predictions for Bitcoin at the Bitcoin 2026 event.
GDELT Global Events
economy 42d ago Washington, D.C.

Senate Banking Committee Advances Kevin Warsh Nomination

Uncertainty exists regarding whether the Federal Reserve Chair will remain political or act on economic data. The decision was non-unanimous, with four directors voting against the move, the first such occurrence since October 1992. Three directors dissented from the statement's language regarding easing, and one Trump-appointed director voted for a 0.25 percent cut. The probability of a rate hike before April 2027 has risen to approximately 40 percent, up from about 20 percent. The pressure includes threats of litigation to dismiss officials holding high-interest rate positions. Analysts suggest the move aims to release liquidity to stimulate consumption and investment for core voters. There are concerns that political influence could undermine market confidence in the Federal Reserve's independence.
NTV Radyo
conflict 42d ago Washington, D.C.

US Seeks Forfeiture Of Two Iranian-Linked Cruise Ships

The US Department of Justice has initiated proceedings to seize two cruise ships linked to Iran. A White House official stated the government is seeking forfeiture of the vessels.
CNR Voice of China
culture 42d ago New York

Americans Prefer English Sparkling Wine Over Champagne

A recent blind taste test in New York showed that 67% of Americans prefer English sparkling wine to traditional French champagne. The head of UK-based producer Chapel Down noted that American consumers are increasingly embracing English sparkling wines.
LBC London