A federal judge on Wednesday blocked President Donald Trump’s deployment of National Guard troops to Los Angeles and ordered them returned to the control of California Gov. Gavin Newsom. The order, handed down by U.S. District Court Judge Charles Breyer, is a blow to the Trump administration, and comes six months after the president in June deployed thousands of federalized ...
Alex Nowrasteh Very little new information has been released since Rahmanullah Lakanwal murdered West Virginia National Guard member Sarah Beckstrom in Washington, DC, two weeks ago. He also shot and injured Andrew Wolfe, another National Guardsman, in the same attack. Prosecutors have since charged Lakanwal with murder, assault with intent to kill while armed, and possession of a firearm during ...
Jerome Famularo Federal Housing Finance Agency Director Bill Pulte recently grabbed headlines for floating two “innovative” mortgage ideas: a 50-year mortgage and mortgage portability. The 50-year fixed-rate mortgage idea has already drawn plenty of deserved criticism. But portability, despite receiving far less attention, also deserves more scrutiny. The flaws with a 50-year mortgage are easier to spot. Extending the mortgage ...
Marcos Falcone Today marks two years since Javier Milei took office as president of Argentina. Since December 10, 2023, the first self-described libertarian to ever rise to power began to liberalize Argentina’s economy. Unsurprisingly for other libertarians, Milei’s policies have started to reverse the country’s long-standing decline. As of September, the economy is growing at 5 percent on a yearly basis. Poverty, ...
A federal judge has cleared the Justice Department to release secret grand jury transcripts from Jeffrey Epstein’s 2019 sex trafficking case on Wednesday. U.S. District Judge Richard Berman reversed his earlier decision to keep the transcripts under wraps, citing Congress’s recent action on the Epstein files. Berman had previously warned that the contents of the roughly 70 pages of grandjury ...
Policy uncertainty in Westminster is weighing heavily on Britain’s small business sector, according to one of the City’s most influential bankers. Kunal Shah, co-head of Goldman Sachs International, warned that a lack of clarity over taxation and employment laws is creating an “overhang” that is discouraging entrepreneurs from investing and hiring. Speaking to The Times ahead of a House of ...
The UK’s long-running “risk premium” in financial markets appears to be unwinding, with economists claiming investors are regaining confidence in Rachel Reeves’ fiscal strategy — and that the shift could save taxpayers billions of pounds over the next five years. New analysis from the Institute for Public Policy Research (IPPR), a think tank with longstanding ties to Labour, shows gilt ...
Britain’s live events industry has issued a stark warning to the Prime Minister, urging an immediate review of the government’s new Business Rates system amid fears it will trigger widespread venue closures, job losses and higher ticket prices across the country. In a strongly worded letter sent to No 10, senior figures from the sector said the changes unveiled at ...
Businesses are preparing to sharply increase their investment in artificial intelligence next year, even as concerns around data privacy, regulatory compliance and security risks continue to weigh heavily on IT leaders. New research from enterprise content management platform Storyblok shows that nine in ten companies plan to raise their AI budgets in 2026, with more than half expecting a “significant” ...
Disabled consumers across the UK continue to face significant barriers when trying to access products, services and customer support, according to new research published today by the Business Disability Forum (BDF). The findings, based on an Opinium survey of 1,073 disabled adults, reveal that more than a third (37%) believe their experience as customers would improve if staff had a ...